Guidewire Software (GWRE) - Fundamental Investment Case

Guidewire Software Inc. develops and publishes enterprise software for the property and casualty insurance industry. Its InsuranceSuite offers 1) policy administration; 2) claims system; and 3) billing system. Available in either on-premise or cloud and all together or separate. The other offering, InsuranceNow, is a cloud-based system for an all-in-one-solution of policy, billing, and claims management. Analytics and data services are also available. The company has over 350 customers across 40 countries. 

Bottom Line: A company facing business model transition risk, increasing competition, negative estimate revisions, and accounting issues trading at a high valuation.

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