Guidewire, known for delivering cloud solutions tailored to property and casualty insurers, positions its new Olos release as a major advancement in how the industry manages pricing, underwriting, and workers’ compensation claims.
Guidewire underscores that PricingCenter is central to the release, describing it as a unified environment that brings every stage of pricing and rating together.
The company explains that this approach removes scattered manual steps between actuarial, pricing, and IT teams while supporting dynamic modelling, impact analysis, and AI-supported insights. Through tight integration with other Guidewire applications, insurers can introduce rate updates with far greater efficiency.
Guidewire explains that Olos also debuts Underwriting Assistant, the first agentic AI capability within Guidewire UnderwritingCenter. Guidewire presents this feature as a way to automate intake, triage, and data enrichment, supporting underwriters in issuing quicker and more assured decisions.
As Guidewire continues the build-out of UnderwritingCenter, the company describes it as an upcoming end-to-end intelligent underwriting platform that will blend GenAI-driven support with workflow automation to improve submission management and strengthen risk evaluation.
Guidewire places substantial emphasis on what Olos contributes to workers’ compensation as well. The company notes that insurers gain more refined segmentation inside ClaimCenter, allowing teams to direct assignments with greater accuracy and track cases more clearly.
The company adds that embedded predictive analytics offer forward-looking insight into legal exposure, medical severity, payment likelihood, and estimated loss, which helps insurers support return-to-work outcomes while keeping related costs under control.
Guidewire points to several other enhancements included in Olos. The Guidewire Rules Service enables centralised rules administration through a visual Rules Designer, giving insurers the ability to respond to new requirements without code adjustments or deployment delays. Guidewire’s APD Conversion helps organisations shift existing product definitions into Advanced Product Designer, easing the move to the cloud.
The company also highlights that predictive Claims Intel models can now be incorporated into InsuranceNow Analytics, equipping insurers to refine adjuster assignments, reserve oversight, and vendor decisions. The Guidewire GenAI Service and Agentic Framework provide the foundation for creating and managing secure, context-aware AI agents capable of executing complex insurance tasks across the full lifecycle.
“PricingCenter gives insurers a single platform to model, test, and deploy pricing changes with speed and confidence,” commented 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.”
“With Olos, insurers unlock a new era of intelligence and agility,” added 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.”
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