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
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
