SAN MATEO, Calif. & PARIS, November 12, 2024–(BUSINESS WIRE)–Guidewire (NYSE: GWRE) announced Shift Technology as its strategic partner for insurance-based decisioning solutions. Shift’s products enable artificial intelligence (AI) powered fraud detection and investigation, underwriting risk detection, and subrogation detection. The expanded partnership will deliver a joint solution that will enable the rapid integration of Shift’s fraud detection technology with Guidewire’s solutions, improving efficiency and claims handler productivity.
A PartnerConnect Technology Premier partner and leader in AI-driven decisioning for the insurance industry, Shift delivers solutions to insurers that help automate and optimize critical insurance decisions. Shift has been a pioneer of AI-powered fraud detection since its establishment in 2014 and was an early adopter of large language models and generative AI in 2020, making it a leading-edge fraud detection solution provider for insurers.
“We are honored that Guidewire has expanded the scope of our successful partnership,” said Drew Whitmore, Global Head of Partnerships, Shift Technology. “In deepening our relationship, we can continue to meet the evolving needs of insurers around the world and improve the claims process through the integration of two of the P&C insurance industry’s leading solutions.”
Named a ‘Luminary’ by Celent for Insurance Fraud-Detection Solutions in 2024, with the trust of over 115 insurance customers across 25 countries and a 100% focus on the insurance industry, Shift has a proven track record of delivering a positive impact for P&C insurers. Shift’s global presence, along with Guidewire’s investment in Shift’s Series D financing, supports ongoing technological innovation and accelerates go-to-market efforts, enabling continued growth.
“Shift offers a robust suite of fraud-detection solutions across key insurance functions and important data science and AI expertise,” said Will Murphy, Vice President, Global Technology Alliances, Guidewire. “Over the past five years of collaboration between Guidewire and Shift, Shift was among the first to develop a cloud-based integration and has been an influential resource as we develop the fraud module for Guidewire Autopilot Workflow Service. We are pleased to enhance our partnership by offering an easily deployed Shift integration for our cloud customers.”
Shift is a Guidewire Connections 2024 Silver level sponsor. For more information on its technology, Guidewire integrations, and the Guidewire/Shift partnership, please visit Shift’s booth PD S3 at Connections or the Guidewire Marketplace.
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