Guidewire Software Acquires FirstBest Systems
August 4, 2016
Guidewire Software has agreed to acquire FirstBest Systems to expand its underwriting management capabilities for complex commercial, specialty, and workers' compensation lines. The acquisition will integrate FirstBest's underwriting management technology and team into the Guidewire Insurance Platform to strengthen risk assessment, decisioning, and collaboration for P/C insurers in the U.S. and Canada.
- Buyers
- Guidewire Software, Inc.
- Targets
- FirstBest Systems, Inc.
- Industry
- Software
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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