Guidewire Software's initial public offering and introduction on the New York Stock Exchange today culminates over a decade of growth as one of the industry's leading providers of core-system solutions for property & casualty insurance carriers.
“This really enhances our goals,” says Brian Desmond, Guidewire's vice president, marketing, about the IPO. “Our goal is to be the leading vendor of core systems in p&c worldwide. This gives us the liquidity and the ability to meet that goal even faster.”
Marcus Ryu, CEO and co-founder, joined by members of Guidewire's management team, celebrated the company's first day of trading on the NYSE by ringing the Opening Bell.
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