Guidewire announced Olos, its latest release, designed to help P&C insurers modernize their pricing strategies, accelerate rate changes, optimize underwriting processes, and strengthen workers’ compensation performance.
Faster, Smarter Pricing and Rating with Guidewire PricingCenter
Guidewire PricingCenter unifies the entire pricing and rating lifecycle, eliminating manual handoffs across actuarial, pricing, and IT teams. The platform supports dynamic price modeling and impact analysis, AI-assisted pricing insights, as well as seamless integration with other Guidewire applications and services, enabling faster rate changes and greater agility.
“PricingCenter gives insurers a single platform to model, test, and deploy pricing changes with speed and confidence,” said Dawid Kopczyk, Senior Director, Pricing and Rating, Guidewire. “By unifying workflows, it empowers actuaries, rating developers, and IT teams to build advanced models and accelerate rate changes from months to days to deliver the best possible pricing to insurance customers.”
Turn Submissions into Decisions with Underwriting Assistant
With the Olos release, Underwriting Assistant*—the first core agentic AI capability of Guidewire UnderwritingCenter—is available to automate intake, triage, and data enrichment, helping underwriters deliver faster, more confident decisions. Guidewire UnderwritingCenter, currently in development, is an end-to-end, intelligent underwriting solution that will combine GenAI-powered assistants with smart workflow automation, allowing underwriters to better manage submissions and optimize risk selection.
Enhanced Workers’ Compensation Claims Performance
Olos delivers expanded workers’ compensation capabilities to help insurers improve claims outcomes. Insurers can optimize assignments with more granular workers’ compensation claim segmentation – fully configurable within ClaimCenter – to improve visibility and claims handling. Olos improves return-to-work (RTW) outcomes and controls claims expenses with embedded predictive analytics insights on legal, medical severity, payment likelihood, and estimated loss.
Additional Olos highlights include new offerings and capabilities to help insurers:
- Automate and centralize business rules management with the Guidewire Rules Service**, featuring a visual Rules Designer to streamline rules-driven decision modeling and allow insurers to quickly adapt to changing requirements without code changes or deployment delays.
- Convert existing insurance product definitions to Advanced Product Designer (APD), accelerating the transition to the cloud with APD Conversion.
- Strengthen claims decisions by embedding predictive Claims Intel models into InsuranceNow Analytics workflows, optimizing adjuster assignments, reserve management, and vendor selection.
- Build, deploy, and manage secure, context-aware AI agents to perform complex tasks across the insurance lifecycle with the Guidewire GenAI Service and Agentic Framework.*
“With Olos, insurers unlock a new era of intelligence and agility,” said Diego Devalle, Chief Product Development Officer, Guidewire. “The release enables insurers to update rates faster, strengthen claims decisions, and accelerate team response times, providing a better experience for policyholders.”
