Guidewire Files Statement for Proposed IPO

Guidewire Software, a provider of core system software to the global property & casualty insurance industry, announces it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

J.P. Morgan Securities, Deutsche Bank Securities, and Citigroup will act as joint book-running managers for the offering, and Stifel Nicolaus Weisel and Pacific Crest Securities will act as co-managers.