Guidewire Exam With 100% Correct Answers Latest Updated 2024/2025 (Graded A+)

Guidewire Exam With 100% Correct Answers Latest Updated 2024/2025 (Graded A+) Subrogation Referral - Correct Answer-Is triggered automatically through built in business rules when a third party is at fault or partially at fault Benefits of leveraging the base configuration - Correct Answer-- Leverage project resources and tools more effectively - Decrease development time - Decrease testing - Decreaes maintenance cost - Decease future upgrade efforts - Lower their cost of ownership Only customize when - Increase overall efficiency - Establish a completive advantage What are the potential impact of recreating legacy system features or functionality ? - Correct Answer-- Missed opportunity to leverage new technology - Increased development time - Increased testing - Performance issues - Maintenance issues the releases - Increased cost Why reinvent the old process or features? - Correct Answer-Gravity towards legacy system due to famility Why do you think it is harder for change to occur in the insurance industry? - Correct Answer-- long standing systems have stored data that is difficult and costly to migrate