Strategic Investment Extends Company’s Recent Series D Funding Round and Strengthens Existing PartnershipPARIS and BOSTON – November 2, 2021 – Shift Technology, a provider of AI-driven decision automation and optimization solutions for the global insurance industry, today announced that Guidewire (NYSE: GWRE), has made an investment extending the company’s recent Series D funding event. This strategic investment is intended to support ongoing technology innovation and go-to-market acceleration. “Today’s insurance professionals are facing any number of challenges, not the least of which is how to assess the validity of a claim and then decide how best to proceed,” explained Martin Fitzpatrick, CFO, Shift Technology. Addressing several critical processes across the insurance policy lifecycle, the Shift Insurance Suite helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactions to date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.