Guidewire Adds Insurtech Betterview as a PartnerConnect Solution Partner to Help Insurers Access Building and Property Data

Betterview’s Guidewire PolicyCenter™ integration enables P&C
underwriters to easily access Betterview’s property data and mitigate
risk directly in PolicyCenter

FOSTER CITY, Calif. & SAN FRANCISCO–(BUSINESS WIRE)–$GWRE #Betterview–Guidewire Software, Inc. (NYSE: GWRE), provider of the industry platform
Property and Casualty (P&C) insurers rely upon, today announced that
Betterview, an insurtech startup, has joined Guidewire PartnerConnect™
as a Solution partner. In addition, Betterview has successfully
completed the Ready for Guidewire validation process for its
Guidewire PolicyCenter™ integration that is now available to customers
on the Guidewire Marketplace.

The Betterview integration accelerator for Guidewire PolicyCenter
enables underwriters to easily request and access property data and
inspections from within PolicyCenter. Betterview’s Property Profile is
designed to provide insights into buildings and properties that were
previously unavailable from remote locations.

“According to conversations we’ve had with insurance carriers,
approximately 30% to 40% of all property losses are roof-related,” said
David Lyman, Co-Founder & CEO, Betterview. “With Betterview’s
integration accelerator, we now provide our mutual customers with two
options to gain more insights into buildings and properties. First,
users can order a Property Profile report, which uses pre-captured
aerial and satellite imagery, along with other data sources like
historical weather, permit data, etc., to quickly obtain the
characteristics and risks of a property and its roof. Second, if a
location looks to be high risk, users may place an order for a drone
inspection to get high resolution imagery, along with a detailed report
that identifies any issues of the building and property,” explained
Lyman.

GuideOne Insurance, a leading national insurer of churches, is a launch
partner for the Betterview Accelerator for Guidewire. GuideOne provides
coverage, guidance and peace of mind to more than 50,000 commercial
policyholders.

“Betterview’s property data is helping our underwriters to identify
roofs that are at risk of failing in the near future. This information
allows us to work with our customers to get ahead of any problems before
they can turn into a claim,” explained Phil Cole, SVP and Chief
Underwriting Officer, GuideOne Insurance.

“Having the ability to access Betterview’s data through Guidewire
PolicyCenter makes it even easier for us to use Betterview without an
additional IT investment,” said Michelle Glasl, SVP and Chief
Information Officer, GuideOne Insurance.

“We are committed to helping P&C insurers tap into innovation from
insurtech startups through our Marketplace,” said Neil Betteridge, vice
president, Strategy, Guidewire Software. “We welcome Betterview, and
look forward to helping our mutual clients stay competitive by providing
their underwriters with up-to-date and actionable roof data.”

About Betterview

Betterview exists to make every building and property thoroughly
understood. In an increasingly competitive environment, decision-makers
are able to reduce risk, cost, and waste by leveraging Betterview’s
Machine Learning Platform to unlock actionable insight from an abundance
of drone, aerial, and satellite imagery. For more information about
Betterview, visit: https://www.betterview.net

About Guidewire PartnerConnect and Ready for Guidewire

Guidewire PartnerConnect™ is a global network of select companies that
provide consulting services and solutions to enhance, extend, and
complement the capabilities of Guidewire products. Our worldwide
community helps contribute to the success of our mutual customers in the
P&C insurance industry by delivering Guidewire software implementations,
value-add solution and technology offerings, and guidance on insurance
industry best practices.

Ready for Guidewire accelerators developed by PartnerConnect
Solution members have been rigorously reviewed by Guidewire, adhere to
Guidewire software design principles, and meet established criteria. The
accelerators are published on the Guidewire Marketplace and are
available for download by Guidewire customers at no charge.

Guidewire PartnerConnect is an invitation-only program. For more
information about Guidewire PartnerConnect please visit http://www.guidewire.com/partners/.

About Guidewire Software

Guidewire delivers the industry platform that Property and Casualty
(P&C) insurers rely upon to adapt and succeed in a time of accelerating
change. We provide the software, services, and partner ecosystem to
enable our customers to run, differentiate, and grow their business. We
are privileged to serve more than 350 companies in 32 countries. For
more information, please visit www.guidewire.com
and follow us on twitter: @Guidewire_PandC.

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.

Contacts

Guidewire Software, Inc.
Diana Stott, +1 650-356-4941
Director,
Communications
dstott@guidewire.com
or
Betterview
Paul
Ptashnick, +1 781-234-8844
Marketing & Communications Consultant
Paul@betterview.net

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