Pricing

Personalized, dynamically updated premiums from a unified, collaborative pricing and rating process.

Unify Pricing and Rating

In today’s competitive and dynamic market, reactions to change are more important than ever. The pricing and rating process is often fragmented across actuarial, pricing, and IT teams, with manual handoffs creating a critical gap between a rate priced to win and a rate that can be delivered to the market. Guidewire ends the ratemaking relay race by unifying the pricing and rating process.

24%

projected growth in employment of actuaries from 2024 to 2034.

2.8%

of improvement in loss ration due to precise risk modeling.

^{Source: U.S. Bureau of Labor Statistics

Source: Insurance Journal}

Price in Minutes, Not Months

Set adequate premiums sufficient to cover expected claims, expenses, and a reasonable profit while remaining competitive and compliant with regulations.

Rate deployment is often plagued by manual IT handoffs and fragmented workflows, leading to month-long delays and increased risk of error. Empower pricing teams to deploy approved models directly integrated with policy management. This eliminates the IT bottleneck and collapses the deployment cycle from months to minutes, creating a foundation for intelligent insurance that responds to market changes with unprecedented speed and agility.

Intelligent, Precise, Unified

Guidewire unifies the pricing and rating processes with a single source of truth driving premium growth, higher conversion rates, and a lower loss ratio.

Lifecycle - Policy Management

The Entire Insurance Lifecycle:
Explore Every Stage

Proven Experience, Earned Trust

See what our customers say

Red River Mutual
'Time is money' is especially true when it comes to pricing decisions. PricingCenter is the tool our actuarial team needed to speed up the process from raw data to usable models to actionable pricing decisions. This process now takes days instead of months.
Amanda Evenson
VP, Data and Analytics
See Their Story
Tedaisy
With PricingCenter, we can deploy pricing changes within minutes and provide responses so swiftly that it satisfies the needs of even the most demanding UK aggregators.
Maciej Woźny
Chief Technology Officer
TUW “TUW”
We’ve already successfully launched our first pricing project built in PricingCenter and first outlooks are really promising, significantly reducing claim frequency and our loss ratio.
Maciej Woźny
Head of Pricing
See Their Story
InterRisk
We selected PricingCenter because we needed cutting-edge pricing technology for both motor and home lines of business. The team treats our requests seriously, and they quickly implement them into the software.
Daniel Sobiecki
Head of Tariff Department
Bryte
Today with PricingCenter, I can confidently say we're more agile and better positioned for the future. What used to take us months can now be delivered in weeks. Our teams have more time to focus on insights and strategy, rather than being bogged down in manual processes and pricing updates.
Waseem Vally
Chief Technology & Information Officer