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Guidewire PolicyCenter Professional Exam questions fully solved & updated 2025. $14.99   Add to cart

Exam (elaborations)

Guidewire PolicyCenter Professional Exam questions fully solved & updated 2025.

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  • Course
  • InsuranceSuite Analyst Fundamentals
  • Institution
  • InsuranceSuite Analyst Fundamentals

Guidewire PolicyCenter Professional Exam questions fully solved & updated 2025.

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  • September 21, 2024
  • 34
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • InsuranceSuite Analyst Fundamentals
  • InsuranceSuite Analyst Fundamentals
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BRAINBOOSTERS
Guidewire
PolicyCenter
Professional Exam
questions fully solved
& updated 2025
Supporting information under an Account (11) -
answer 1. Summary
2. Contacts
3. Location
4. Participants
5. Transactions
6. Submission Manager
7. Policies and UW files
8. Documents
9. History
10. Notes
11. Related Accounts

,Types of Policy Transactions (6) - answer 1.
Submission
2. Change
3. Renew
4. Cancelled
5. Rewritten
6. Reinstated


Jobs can be started in 3 ways - answer 1. By users
through Actions menu
2. External systems through API's
3. PC batch processes


What are Coverage Terms - answer A value that
further defines a specific coverage (Deductible and
Limit)


Coverage can have 0, 1, or multiple terms attached


List of Policy Lines (8) - answer 1. Personal Auto
2. Commercial Auto
3. General Liability
4. Homeowners
5. Business Owners

,6. Inland Marine
7. Commercial Property
8. Worker's Comp


Policy File Contains (4) - answer 1. Contact
2. Location
3. Form
4. Policy (contains coverages, coverables, coverage
terms, and premium)


What is a product model? - answer How a product
is configured - What LOB's are required? What
coverages can you add to each LOB?
A product appears when you are in a "New
Submission" screen in PC


Configured in Product Designer


Ex. Commercial Package, Commercial Property


What are clauses? - answer Coverages,
Exclusions, and Conditions


A Policy Line contains: (5) - answer 1. Exclusions

, 2. Conditions
3. Modifiers
4. Coverage
5. Forms


What is availability and what is it based on? (6) -
answer A component either appears or doesn't
appear on a live app


Based on:
1. Start/End date
2. Industry Code
3. UW company
4. Policy Type
5. Policy Transaction type
6. Jurisdiction


What is the max number of submissions you can
make per LOB? - answer 5


Steps to creating a submission/policy (12) - answer
1. Offering - allows the insurers to define product
types based on existing base product definitions

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