Guidewire, a global leader in property and casualty (P&C) insurance technology, has announced the expansion of its partnership with Shift Technology, a premier provider of AI-driven decisioning solutions for insurers. This collaboration will integrate Shift’s advanced fraud detection technology with Guidewire’s cloud-based solutions, enabling insurers to streamline critical decision-making processes, improve efficiency, and enhance claims handler productivity. Guidewire’s platform, trusted by over 570 insurers in 42 countries, is a leading ecosystem for digital innovation in P&C insurance, supporting integrations, extensions, and complementary solutions.
Shift Technology, with a proven track record in AI-powered fraud detection since its inception in 2014, provides solutions across underwriting, claims, and subrogation functions. Trusted by over 115 insurers across 25 countries, Shift's solutions leverage generative AI and data science to mitigate fraud, optimize risk management, and enhance operational efficiency. Named a 2024 Luminary by Celent, Shift also benefits from Guidewire’s investment in its Series D financing, accelerating technological innovation and market expansion. Will Murphy, Vice President of Global Technology Alliances at Guidewire, emphasized the value of the partnership in delivering robust fraud detection and claims solutions, reaffirming both companies' commitment to advancing AI integration in the insurance industry.