Guidewire Acquires HazardHub, a Leading Insurtech Provider of API-Driven Property Risk Insights

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Summary

SAN MATEO, Calif.--(BUSINESS WIRE)--Guidewire Software, Inc. (NYSE: GWRE) has acquired HazardHub, a leading insurtech provider of API-driven property risk insights to the P&C insurance industry. HazardHub curates, analyzes, and distills vast amounts of data to deliver a comprehensive, national catalog of risks that may damage or destroy property, including perils from air (wind, hail, tornado, lightning), water (flood, freeze, coastal storm surge), earth (earthquake, brownfield, Superfund), and fire (wildfire and fire protection). “Underwriters, agents, and claims adjusters will power smarter decisions with risk insights embedded directly into core workflows,” said Mike Rosenbaum, CEO, Guidewire Software. “Embedding HazardHub’s comprehensive property risk data service into Guidewire’s industry-leading platform will drive tremendous value for our customers and the P&C insurance industry.” “We are excited about what HazardHub has built and even more by their passion, bold vision, and the host of challenges that we can tackle in combining their data and expertise with our market-leading platform,” said Roger Arnemann, general manager, Analytics, Guidewire Software. We are proud of our unparalleled implementation track record, with 1,000+ successful projects, supported by the largest R&D team and partner ecosystem in the industry.

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