Guidewire Software Inc is a U.S.-based technology company that provides software platforms and cloud services to property and casualty (P&C) insurance carriers worldwide, supporting core functions suc... Guidewire Software Inc is a U.S.-based technology company that provides software platforms and cloud services to property and casualty (P&C) insurance carriers worldwide, supporting core functions such as policy administration, billing, and claims management. The company is listed on multiple exchanges; on the Italian Stock Exchange its line is traded under the symbol 1GWRE in euros as a secondary listing that represents the same underlying Guidewire equity as the primary U.S. listing (ticker GWRE).
## Company overview
Guidewire was founded in 2001 and is headquartered in the San Francisco Bay Area, operating primarily as a recurring-revenue, enterprise software provider to insurers. Its main platform includes modular products such as PolicyCenter, BillingCenter, and ClaimCenter, along with analytics and marketplace add‑ons tailored to the P&C insurance industry.
## Role in insurance sector
The firm focuses on helping insurers modernize legacy systems, digitize workflows, and launch new insurance products more quickly, which has led to adoption by hundreds of insurers in many countries. Revenue is largely generated through term licenses and subscriptions for cloud-delivered services, positioning Guidewire within the broader application and infrastructure software segment of the technology sector.
## Italian listing details
On the Italian market in Milan, the Guidewire line 1GWRE allows investors to trade the stock in euros during local market hours while referencing the same underlying U.S. security. Pricing, performance, and liquidity for 1GWRE are therefore closely linked to Guidewire’s primary line on its home exchange, with movements generally reflecting the U.S. share price adjusted for currency and market microstructure.
## Sector and classification
For classification purposes on the Italian Stock Exchange and related data vendors, 1GWRE falls within the technology sector, typically under software or software‑application groupings. This means it is often grouped with other international software names that have euro‑traded lines in Milan rather than with domestic Italian industrial or financial issuers.