Guidewire Software, Inc. (NYSE: GWRE), a leading provider of flexible
core system software to Property/Casualty insurers, today announced the
departure of John True, Senior Vice President of Field Operations.
“I thank John for his contributions to Guidewire, from his advice early
in the company’s history to his operational role over the past year and
a half. He helped scale our global sales organization during an
important phase of our emergence as a leader in our market, and we are
well positioned to grow based on the foundation that has been put in
place,” said Marcus Ryu, chief executive officer of Guidewire Software.
“As we move forward, our sales and services expansion will continue
under the strong leadership that we have in place in each of our target
markets across North America, EMEA, and Asia Pacific.”
Ryu continued, “We remain confident in our previously issued revenue
guidance for both the third quarter and the fiscal year based on our
business momentum and high level of revenue visibility. We are also
excited about Guidewire’s long-term prospects as we address the large
and growing demand for legacy core system replacement in the global
insurance industry that we are serving.”
The company also announced that its management team has been organized
to operate without a replacement for the previous Field Operations
position.
About Guidewire Software
Guidewire Software is a provider of core system software to the global
Property/Casualty (general) insurance industry. Designed to be flexible
and scalable, Guidewire solutions give insurers the capability to
deliver excellent service, increase market share and lower operating
costs. Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®,
Guidewire ClaimCenter® and Guidewire BillingCenter® spans the key
functional areas in insurance – underwriting and policy administration,
claims management, and billing. Guidewire is headquartered in Foster
City, California, with offices in Beijing, Dublin, Hong Kong, London,
Munich, Paris, Sydney, Tokyo, Toronto and Warsaw. For more information,
please visit www.guidewire.com.
