Guidewire’s latest release takes us to Olos, a stunning, high-altitude ski resort in Finnish Lapland. Olos offers 10 groomed slopes and over 200 kilometers of ski trails.
Much like assessing a challenging downhill run from a mountain summit, achieving peak insurance performance requires precision, adaptability, and the ability to see risks clearly. Our Olos Release empowers you to sharpen your pricing models and speed time-to-market by up to 90% to achieve peak performance.
Olos brings numerous thoughtful updates, and here are a few highlights.
Drive pricing sophistication, accelerate rate changes, and improve commercial risk selection
- PricingCenter: Empower pricing and actuarial teams to build and deploy intelligent pricing strategies and accelerate rate changes. Natively architected on the Guidewire Cloud Platform, PricingCenter delivers the industry’s most comprehensive, integrated pricing and rating solution that outperforms stand-alone products which require integrations that increase the technological complexity of your pricing process.
- EARLY ACCESS Underwriting Assistant: Empower commercial underwriters to turn submissions into decisions by leveraging AI to streamline intake, accelerate triage, enrich data, and perform enhanced clearance checks. Underwriting Assistant aligns with your risk appetite to provide a consolidated risk summary, facilitating faster, better decisions.
Improve workers' compensation claims performance
- Claims Intel for Workers’ Compensation: Improve return-to-work (RTW) outcomes and control claims expenses with predictive insights on legal, medical severity, payment likelihood, and estimated loss for workers' compensation claims.
- InsuranceNow: Empower smarter claims decisions by enhancing InsuranceNow Analytics Manager with integrated Claims Intel models that embed predictive insights directly into workflows—optimizing adjuster assignments, reserve management, and vendor selection while delivering data-driven accuracy and consistency across the claims process.
- ClaimCenter: Improve automation and assignment with more granular Workers’ Compensation claim segmentation, configurable within ClaimCenter to improve visibility, handling, and outcomes.
Enhance business agility, lower migration costs, and monitor service usage
- APD Service: Seamlessly adopt the Advanced Product Designer (APD) to manage your existing PolicyCenter lines of business. Our combination of tooling and services provides an accelerated path that preserves product definitions and minimizes migration costs.
- Rules Service: Automate and centralize business rules management with Rules Service, enabling insurers to quickly adapt to changing requirements and streamline decision-making across applications, without code changes or deployment delays.
- EARLY ACCESS Agentic Framework: Build, deploy, and manage secure, context-aware AI agents to perform complex tasks across the insurance lifecycle. The framework provides platform-level capabilities, including flexible LLM access with AI Connect and P&C insurance-specific context from knowledge sources, tools, and prompts. All supported with enterprise-grade governance, security, and observability to ensure consistent and accurate AI performance at scale.
- Platform Usage Dashboard: Monitor, forecast, and optimize Guidewire Credits consumption in a self-serve reporting capability, as well as unlocks new and enhanced PPP-only features for GWCP. This greatly supports our customers on the Platform Packaging and Pricing (PPP) program who use Guidewire Credits to access platform products and services flexibly.
These are just a few of the updates with the Olos release. For the full list of features, check out our Olos site.
The era of unified pricing and rating is here and we’re not slowing down. Palisades, our next release, arrives next spring.
Come ski with us as we navigate challenging runs and shape the future of Intelligent Insurance together!