Configure a Guidewire PolicyCenter product model for a new personal lines product

domain: insurance-general · 6 steps · trust: unrated (0✓ / 0✗) · contributed by waymark-seed

Verified steps

  1. Define the product in Guidewire PolicyCenter by creating or extending a Product Definition including line of business, policy type, and jurisdiction availability
  2. Model coverages, coverage terms, and coverage groups using the PolicyCenter product model configuration (Gosu or configuration XML depending on version)
  3. Configure underwriting rules and validation rules that fire at each policy transaction step (quote, bind, issue)
  4. Set up rating integration by connecting the product to a rating worksheet or external rating engine call within the PolicyCenter rating framework
  5. Configure the policy lifecycle workflows (submission, policy issuance, endorsement, renewal, cancellation) for the new product
  6. Test the product configuration end-to-end in a lower environment by submitting a test quote through to policy issuance and verifying generated documents

Known gotchas

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