Guidewire Software acquisition history

Cyence is a software company that applies data science and risk analytics to enable P&C insurers to grow by underwriting "21st century risks" such as cyber, reputation, and new forms of business interruption risk that have gone underinsured or uninsured. Its data listening and risk analytics solution combines internet-scale collection and curation of external data with machine learning and risk modeling. approximately $260.3 million aggregate consideration (approximately $146.6 million cash plus approximately $113.7 million in newly issued Guidewire common stock and options, net of certain adjustments).

Cyence is an exceptional technology company that, like Guidewire, focuses on serving the strategic needs of the P&C industry. While Guidewire has focused on core operations, data management, and digital engagement, Cyence applies expertise in data science and machine learning to the modeling needs of insurance product design, pricing, and underwriting.Marcus Ryu — Co-Founder and CEO, Guidewire Software

ISCS is a software company focused exclusively on serving P&C insurers. Its cloud-based, all-in-one transactional platform combines policy, billing, and claims management functionality, and was rebranded by Guidewire as InsuranceNow. approximately $154.9 million cash consideration, net of certain adjustments.

Like Guidewire, ISCS is a software company focused exclusively on serving P&C insurers. Their technology and expertise will enable us to provide a new option to our customers and augment our progress in delivering cloud-based products.Marcus Ryu — Chief Executive Officer, Guidewire Software

We look forward to joining Guidewire and continuing our mission of serving P&C insurers. The breadth of Guidewire's offerings and the scale of its organization will enable us to provide additional value to our customers.Andy Scurto — CEO and Founder, ISCS

FirstBest Systems is a provider of an underwriting management system (FirstBest UMS) to P&C insurers, supporting submission intake, risk analysis, the underwriting process, and collaboration for complex commercial, specialty, and workers' compensation lines in the U.S. and Canada.

Like Guidewire, FirstBest has been committed from its founding to advancing the strategic goals of P/C insurers through modern software. Their expertise in complex risk analysis, and the informational and workflow needs of commercial underwriters will deepen our ability to serve this vital constituency within the industry.Marcus Ryu — Chief Executive Officer, Guidewire Software

EagleEye Analytics is a provider of SaaS-based predictive analytics products designed specifically for P&C insurers. Its products were renamed Guidewire Predictive Analytics and offered as part of Guidewire's Data and Analytics product family, supporting data preparation, model building, operational deployment, performance monitoring, and analytic feedback. approximately $39.5 million cash (per Guidewire's FY2016 Form 10-K cash-flow disclosure).

We welcome the EagleEye team to Guidewire, where their expertise in Property/Casualty processes and data science will advance our mission of enabling insurers to adapt and succeed in a time of significant change. Their products, as with the others built by our Data and Analytics team, will leverage and further differentiate the capabilities of Guidewire's insurance platform.Marcus Ryu — Chief Executive Officer, Guidewire Software

Millbrook is a provider of data management and business intelligence (BI) solutions for P&C insurers, with 16 years developing data models and solutions optimized for P&C insurance. Its technology helps customers accelerate legacy core-system replacement and improve management of operational data across policy, billing, and claims.

We welcome the Millbrook team and look forward to their contributions to our mission of enabling P/C insurers to transform their businesses and improve service to their policyholders. The Millbrook team shares our sole focus on the P/C insurance industry and our foremost commitment to customer success.Marcus Ryu — Chief Executive Officer, Guidewire Software

I am proud of our track record and would like to thank the loyal Millbrook customers that supported our success as well as our dedicated employees who have an intimate understanding of P/C data management. We are excited to bring our technology and expertise to Guidewire.John Search — Co-Founder, Millbrook

HazardHub provides API-driven property risk insights to the P&C insurance industry through curation, analysis, and distillation of vast amounts of data to deliver a comprehensive, national catalog of risks that may damage or destroy property. approximately $53 million net cash consideration (including $8.2 million holdback subject to service conditions over three years).

On August 18, 2021, the Company completed its acquisition of HazardHub, Inc. ("HazardHub") for net cash consideration of approximately $53 million, subject to customary transaction adjustments, including $8.2 million of acquisition consideration holdback subject to service conditions over the next three years. HazardHub provides API-driven property risk insights to the property and casualty insurance industry through curation, analysis, and distillation of vast amounts of data to deliver a comprehensive, national catalog of risks that may damage or destroy property.Guidewire FY2022 Form 10-K — Acquisitions note

Quantee is a Poland-based insurtech company specializing in dynamic pricing software for insurers. approximately $27.9 million net cash consideration (plus $6.4 million holdback subject to service conditions).

On April 16, 2025, the Company completed its acquisition of Quantee Sp. z o.o. ("Quantee"), a Poland-based insurtech company specializing in dynamic pricing software, for net cash consideration of approximately $27.9 million, subject to transaction adjustments to cover potential claims and indemnities after closing. Additionally, the Company awarded $6.4 million in holdback consideration subject to service conditions subsequent to closing.Guidewire FY2025 Form 10-K — Acquisitions note