Question · Q4 2025
Ken Wong asked for context on the Liberty Mutual deal's fully ramped basis, specifically how it compares given Guidewire's practice of capping fully ramped ARR at five years, and its comparability for further years of the arrangement.
Answer
CFO Jeff Cooper reiterated that Guidewire caps its fully ramped ARR metric at five years and cannot disclose specific terms of the Liberty Mutual deal. He noted that it was a very meaningful deal that significantly changes the financial and strategic arrangement with the customer.