{
  "id": 2162275,
  "title": "How Lower Migration Costs Are Shortening Guidewire Software’s (GWRE) Sales Cycle",
  "url": "https://urgent.news/2026/08/20/how-lower-migration-costs-are-shortening-guidewire-softwares-gwre",
  "topic": "tech",
  "section": "Tech",
  "published": "2026-08-20T14:49:10.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/lower-migration-costs-shortening-guidewire-144910987.html"
  },
  "original_language": "en",
  "account": "Brown Brothers Harriman's Q2 2026 investor letter revealed Guidewire Software, Inc. (GWRE) underperformed, with a -17.7% decline and 3.1% weight in the portfolio. This was disappointing as GWRE is the leading provider of core systems software for the property and casualty insurance industry. The company reported strong fiscal third-quarter results, with 27% revenue growth and profitability exceeding expectations. However, its shares declined due to annual recurring revenue (ARR) growth of 19%, finishing at the midpoint of guidance, the first time ARR did not meet or exceed the high-end guidance since 2022. The company attributed this slip to timing rather than demand. Despite AI being seen as a risk, GWRE believes modern core systems are essential for insurers to adopt AI, and have seen a 35% reduction in cloud migration costs, which are a significant barrier to modernization. The company's pricing model, tied to direct written premiums, protects it from potential AI-driven job cuts and benefits from rising insurance premiums.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}