Guidewire Exam Questions with
Complete Solutions
Subrogation Referral - 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 - 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 ? -
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? - Answer-Gravity towards legacy system due
to famility
Why do you think it is harder for change to occur in the insurance industry? - Answer--
long standing systems have stored data that is difficult and costly to migrate
- Lack of budget to change systems
Complete Solutions
Subrogation Referral - 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 - 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 ? -
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? - Answer-Gravity towards legacy system due
to famility
Why do you think it is harder for change to occur in the insurance industry? - Answer--
long standing systems have stored data that is difficult and costly to migrate
- Lack of budget to change systems
