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Exam (elaborations)

Guidewire practice test questions fully solved & updated 2025

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Guidewire practice test questions fully solved & updated 2025

Institution
InsuranceSuite Analyst Fundamentals
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InsuranceSuite Analyst Fundamentals









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Institution
InsuranceSuite Analyst Fundamentals
Course
InsuranceSuite Analyst Fundamentals

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Uploaded on
September 21, 2024
Number of pages
12
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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Guidewire practice test questions
fully solved & updated 2025

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

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