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Exam (elaborations)

Guidewire Exam Quizzes & Answers

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Guidewire Exam Quizzes & Answers What are best practices? ️️The globally accepted standard way of doing things - Support work faster - With less problems or mistakes - Arrive at better solutions Question sets ️️Are used to help identify suitable offerings and for qualifications Und...

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  • November 20, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Associate Analyst
  • Associate Analyst
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BrainSpark
Guidewire Exam Quizzes & Answers
What are best practices? ✔️✔️The globally accepted standard way of doing things



- Support work faster

- With less problems or mistakes

- Arrive at better solutions



Question sets ✔️✔️Are used to help identify suitable offerings and for qualifications



Underwriting Rules ✔️✔️Enables straight through processing



Wizards ✔️✔️Are used for all transaction Types (Quote, New Submission, Policy Change,

Cancellation and Renewal



Automated processes ✔️✔️Renewal cancellations and notices



FNOL wizard ✔️✔️To walk the user through capturing information required to create a claim.

Validation rules built into the system to ensure minimum data is captured



Initial Reserves ✔️✔️Can be set automatically when an exposure is created using an OOTB

rule set

, What are tools provided by Guidewire ✔️✔️Product Documentation

(product documentation, best practices guides , application guides, system administration guides)



Accelerators and Extension Packs

Functionality packs already developed by Guidewire

Extensions packs must licenses



User Story Cards

Are updated or added to reflect customer specific business requirements to support implantation

projects



Data Dictionaries

Provides doucmation of the current configuration of the data midel and the security dictionary

current roles and persmissions. Tools use to identify wheather changes are needed to the base

configuraions



Requirement workshop ✔️✔️Best time to have the Maximizing Product Value workshop



What are the benefits of implementing InsuranceSuite using the base configuration? ✔️✔️-

Transform business operations with innovation



- Keep current with technology trends in the industry

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