Hewlett-Packard Company 3000 Hanover Street Palo Alto, CA 94304 hp.com Media Advisory HP Exstream and Guidewire deliver value together with InsuranceSuite accelerators and new Premier Partner designation HP Exstream is “Guidewire-ready” and insurers are improving customer satisfaction with integrated deployment of Guidewire and HP Exstream software Editorial contact Tami May, HP Exstream +1 859 422 4755 [email protected] www.hpexstream.com SAN FRANCISCO, CA November 3, 2014—HP, a Guidewire PartnerConnect™ Solution Premier Partner, today announced that its recently launched HP Exstream software version 9.0 is “Guidewire-ready” and supports the current version of Guidewire’s industry-leading InsuranceSuite core systems. Building on HP Exstream’s market leadership and strength in multichannel communications delivery with consistency and control, the new HP Exstream 9.0 release helps organizations connect with their customer’s in new ways and enables them to meet growing consumer demands, while improving the bottom line. Insurers will be better positioned to address dynamic electronic communication requirements and deliver on their mobile device communication strategies with HP Exstream 9.0’s multichannel platform and responsive design capabilities enable companies to deliver actionable communications the way consumers prefer across mobile, tablet and desktop devices. Read the full HP Exstream 9.0 release. By combining a Guidewire core system implementation with HP Exstream, insurers can automate the creation, assembly, and multichannel delivery of personalized, timesensitive communications within a single user interface. Integrating the two technologies is easy with the certified HP Exstream Accelerators for Guidewire InsuranceSuite™ modules (ClaimCenter, PolicyCenter and BillingCenter). These accelerators are available to our mutual customers at no charge from the Guidewire Page 1 of 4 portal. The accelerators are designed to reduce implementation time of HP Exstream into existing workflows, make it easier for customers to add and launch new Guidewire systems, and provide high-quality, flexible, customized customer communications that fully leverage InsuranceSuite content. There are currently 35 joint HP Exstream and Guidewire customers with 27 of those having integrated or are in the process of integrating the two solutions. The ability to easily create, repurpose, and integrate data from Guidewire InsuranceSuite systems into personalized, multichannel customer communications -- from design to delivery -across P&C lines of business gives them a compelling competitive advantage. CSAA Insurance Group embracing benefits of integration CSAA Insurance Group is one such customer; although it did so without the accelerators. The insurer offers reliable auto, home and other personal lines of insurance to AAA Members, in partnership with local AAA clubs in 23 states and the District of Columbia. CSAA Insurance Group was looking to streamline its multiple claims administration and document generation systems. To achieve the integration and accelerate application development and deployment CSAA Insurance Group worked with Cognizant, an HP Exstream certified partner, and leveraged the HP expertise as needed. An HP Exstream customer since 2003, CSAA Insurance Group was able to reduce 6500+ claims document templates to 400 and improve document creation and distribution response time. “The result is an improved business and IT efficiency that uses rules and data-based logic,” says Chris Reed, CSAA Insurance Group Program Manager. “We are able to easily deliver personalized customer communications through multiple channels, an important expectation of today’s consumers.” HP Exstream now a Guidewire Premier Partner HP is pleased to have been invited to be a “Premier Solution Partner” within the new, recently announced Guidewire PartnerConnect™ program. “Having been one of first participants when Guidewire launched its Solution partner program in 2012, and to now be at the Premier designation within the program is an exciting opportunity for us to Page 2 of 4 work more closely with Guidewire,” says Chuck Fazio HP Exstream Worldwide Alliances and Industry Manager, HP. PartnerConnect is a network of select partner companies that provide consulting services and solutions to enhance, extend, and complement the capabilities of Guidewire products. It is an invitation only program. Solution partners provide software, technology, and data solutions as well as insurance support services. Together with Guidewire, HP will help drive business value by developing and delivering “Guidewire-ready” accelerators for claims, policy and billing applications, allowing design to delivery of multichannel communications. Read the full release. About HP HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers’ most complex challenges in every region of the world. More information about HP (NYSE: HPQ) is available at http://www.hp.com. About CSAA Insurance Group CSAA Insurance Group, a AAA Insurer, offers automobile, homeowners and other personal lines of insurance to AAA members through partnerships with AAA clubs in 23 states and the District of Columbia. Celebrating its 100th anniversary in 2014, CSAA Insurance Group is rated A+ by A.M. Best and is one of the top 20 personal lines property casualty insurance groups in the United States according to the National Association of Insurance Commissioners. About Guidewire Software Guidewire builds software products that help Property/Casualty insurers replace their legacy core systems and transform their business. Designed to be flexible and scalable, Guidewire products enable insurers to deliver excellent service, increase market share and lower operating costs. Guidewire InsuranceSuite™ provides the core systems used by insurers as operational systems of record. Additional products provide support for data management, business intelligence, anytime/anywhere access and guidance and monitoring. More than 180 Property/Casualty insurers around the world have selected Guidewire. For more information, please visit www.guidewire.com. Page 3 of 4 This news release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of HP and its consolidated subsidiaries could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements of the plans, strategies and objectives of management for future operations; any statements concerning expected development, performance, market share or competitive performance relating to products and services; any statements regarding anticipated operational and financial results; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include the need to address the many challenges facing HP’s businesses; the competitive pressures faced by HP’s businesses; risks associated with executing HP’s strategy and plans for future operations; the impact of macroeconomic and geopolitical trends and events; the need to manage third-party suppliers and the distribution of HP’s products and services effectively; the protection of HP’s intellectual property assets, including intellectual property licensed from third parties; risks associated with HP’s international operations; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; the execution and performance of contracts by HP and its suppliers, customers, clients and partners; the hiring and retention of key employees; integration and other risks associated with business combination and investment transactions; the execution, timing and results of restructuring plans, including estimates and assumptions related to the cost and the anticipated benefits of implementing those plans; the resolution of pending investigations, claims and disputes; and other risks that are described in HP’s Annual Report on Form 10-K for the fiscal year ended October 31, 2013, and that are otherwise described or updated from time to time in HP’s Securities and Exchange Commission reports. HP assumes no obligation and does not intend to update these forward-looking statements. © 2014 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein. Page 4 of 4
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