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September 5, 2011 11:15 pm GMT
Joining recent tech companies MobiTV, Angie's List, Brightcove, and Jive; Guidewire Software, a company that develops technologies for the insurance industry, has filed its S-1. The company aims to raise as much as $100 million in a public offering under the symbol "GWRE.Founded in 2001, Guidewire Software provides technology software to the property, casualty, and workers compensation insurance industry. The company offers a web-based claims system that supports various lines of personal, commercial, and workers compensation insurance; an enterprise application for coordinating, executing, and recording transactions; and a Web-based underwriting and policy administration system for personal and commercial insurance carriers. Basically, Guidewire, which is backed by U.S. Venture Partners, Bay Partners and Battery Ventures, automates the insurance industry.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vnG6_rva6N4/
Insurance Technology Company Guidewire Software Files For $100M IPO
Joining recent tech companies MobiTV, Angie's List, Brightcove, and Jive; Guidewire Software, a company that develops technologies for the insurance industry, has filed its S-1. The company aims to raise as much as $100 million in a public offering under the symbol "GWRE.Founded in 2001, Guidewire Software provides technology software to the property, casualty, and workers compensation insurance industry. The company offers a web-based claims system that supports various lines of personal, commercial, and workers compensation insurance; an enterprise application for coordinating, executing, and recording transactions; and a Web-based underwriting and policy administration system for personal and commercial insurance carriers. Basically, Guidewire, which is backed by U.S. Venture Partners, Bay Partners and Battery Ventures, automates the insurance industry.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/vnG6_rva6N4/
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