GWRE News & Events

Sompo Group and Guidewire "announced a long-term agreement supporting Sompo's global adoption of Guidewire Cloud Platform applications and tools. The partnership will unify decision-making across Sompo's local and country-specific entities, enabling them to migrate existing Guidewire applications from on-premises environments and implement new solutions directly on Guidewire Cloud Platform. Under the new agreement, Sompo will leverage Guidewire to optimize operations, and increase the power and reach of decision making across its lines of business."

Guidewire announced that it has completed its share repurchase program previously authorized in September 2022 and that, effective immediately, its board of directors has approved a new share repurchase program with authorization to purchase up to $500M of its outstanding shares of common stock.