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. Guidewire PricingCenter unifies the entire pricing and rating lifecycle, eliminating manual handoffs across actuaries, 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. 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.
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.
Guidewire Software, Inc. delivers a platform that property and casualty insurers trust to engage, innovate and grow efficiently. The Company's foundational core products, InsuranceSuite and InsuranceNow, are delivered primarily as cloud-based subscription services. These products serve as transactional systems of record, fully supporting insurance operations, including product definition, policy administration, claims management and billing. It provides digital engagement products that enable seamless sales, and omnichannel service. InsuranceSuite is a configurable and scalable product, delivered as a service, and primarily comprised of five core applications (PolicyCenter, ClaimCenter, BillingCenter, PricingCenter, and UnderwritingCenter) that can be subscribed to separately or together. InsuranceNow is a cloud-based application that offers policy administration, claims management, and billing functionality, plus pre-integrated document production, analytics, and other capabilities.
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