SAN MATEO, CALIF. -- Guidewire (NYSE: GWRE) announced Niseko, its latest release, designed to give insurers unprecedented insight into financial performance and risk exposure. Niseko empowers developers with tools that streamline updates to custom software extensions, automate and reuse core business functions to speed development, and enhance operational efficiency through intelligent automation.

“With Niseko, developers now have access to pre-built insurance data models that enhance access to complex core data and come with built-in financial and operational intelligence for improved decision-making,” said Diego Devalle, Chief Product Development Officer, Guidewire. “Niseko also introduces a dedicated extension layer that simplifies software customization, and Guidewire Functions that automate business tasks and logic to enhance the development process.”

Niseko delivers new offerings and functionality designed to help insurers:

· Gain faster financial and business insights with Policy Insurance Data Model and Claims Insurance Data Model. These are auto-generated, dimensional models that simplify access to underlying InsuranceSuite policy and claims data.
· Modernize the development process and accelerate business logic implementation with Guidewire Functions. Enabled using a Functions-as-a-Service approach, developers can quickly build modular, reusable business tasks and logic to improve software quality while delivering more reliable and adaptable business solutions.*
· Customize with confidence with the new Extension Layer that provides an update-safe architectural layer for all custom extensions to Guidewire applications.**
· Understand wildfire risk faster and with greater precision with HazardHub Wildfire Risk Score 3.0, the latest and most accurate wildfire risk assessment tool from Guidewire. Trained on millions of records and back-tested against real-world claims, the model is proven highly predictive of unforeseen wildfire events.
· Automate the creation and management of activity assignments within PolicyCenter, ensuring that tasks are assigned to the right underwriters based on predefined rules with the Autopilot Activity Handling Integration.
· Assess risk and ensure stability while staying competitive and compliant by analyzing premiums (written, inforce, earned, unearned) over time and across lines of business with Premium Analysis Business Intelligence (BI) Content.
· Maintain a healthy financial position, implement loss control strategies, and reveal emerging trends in claim patterns by analyzing losses (paid, incurred, reserves, recovery, and loss adjustment expense) historically and spanning business products with Loss Analysis BI Content.

“Every Guidewire release is designed to remove complexity and deliver meaningful value for our customers,” said Michael Howe, Chief Product Officer, Guidewire. “Niseko is a reflection of that commitment, equipping insurers with the clarity, speed, and agility they need to thrive in a fast-changing P&C insurance industry.”