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Guide Wire Claim Center Professional Exam Questions With Complete Solutions

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Guide Wire Claim Center Professional Exam Questions With Complete Solutions /. What does an end user need to access a GW app - Answer-A supported web browser and a valid username and password /.What is one thing that determines what data is gathered on a claim intake screen - Answer-Type of claim (auto, homeowners) /.When a user attempts to log into CC, what 3 pieces of info does the app attempt to determine? - Answer-1. can the user be authenticated 2. what are the users roles 3. what is the users startup page /.What is the purpose of an exposure? - Answer-Used to track potential payments on one coverage for one claimant /.What are two mechanisms used to determine if a payment requires approval? - Answer-1. Authority Limits 2. Transaction Approval Rules /.What two mechanisms are referred to as a check? - Answer-A physical paper check and an EFT /.What is a set of activities on a claim called? - Answer-A workplan /.What are the three types of service requests? - Answer-1. Service only 2. Quote only 3 Quote and service /.What is an incident? - Answer-The 'what" that was lost or damaged /.What are the six assignable objects in CC base configuration? - Answer-1. Claims 2. Exposures 3. Activities 4. Service requests 5. Matter (litigation) 6. Subrogation /.When does object assignment happen? - Answer-Object creation and manual object reassignment /.What are the two basic building blocks of the CC org structure - Answer-Users and groups /.What is the difference between a policy and a PolicyType in CC? - Answer-Policy - a product that is sold to customers, promises to pay money for specified loss types. Contract between insured and insurer PolicyType - Identifies the line of business associated with a policy, and indicates the coverages (CoverageTypes) that can be associated with the policy /.What is the purpose of a CoverageSubtype? - Answer-It connects coverage types to exposure types /.What are some coverage types? - Answer-Collision, comprehensive, general liability, medical payments /.What is the purpose of segmentation? - Answer-Process of determining a strategy for processing a claim. determines complexity so that appropriate assignment can be made /.What happens during automated claim setup? - Answer-1. The claim is segmented 2. The claim is assigned to a group and user 3. Activities may be created for work that must be done on the claim /.What are 3 ways a claim can be entered into CC? - Answer-1. Portal 2. External application 3. New claim wizard /.What are the highest and lowest levels of maturity of a claim and exposure? - Answer-Ability to pay and New loss completion /.What are two attributes of a group used in determining assignment? - Answer-Group type and group region /.What is the purpose of assignment in automated claim setup? - Answer-To determines the owner of the claim and exposures /.What are the 3 steps of automated claim setup? - Answer-1. Segmentation 2. Assignment 3. Workplan (activities) /.How does CC manage a contact that has multiple relationships to a claim? - Answer-through the ClaimContact entity

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Guide Wire Claim Center Professional
Exam Questions With Complete
Solutions
/. What does an end user need to access a GW app - Answer-A supported web browser
and a valid username and password

/.What is one thing that determines what data is gathered on a claim intake screen -
Answer-Type of claim (auto, homeowners)

/.When a user attempts to log into CC, what 3 pieces of info does the app attempt to
determine? - Answer-1. can the user be authenticated
2. what are the users roles
3. what is the users startup page

/.What is the purpose of an exposure? - Answer-Used to track potential payments on
one coverage for one claimant

/.What are two mechanisms used to determine if a payment requires approval? -
Answer-1. Authority Limits
2. Transaction Approval Rules

/.What two mechanisms are referred to as a check? - Answer-A physical paper check
and an EFT

/.What is a set of activities on a claim called? - Answer-A workplan

/.What are the three types of service requests? - Answer-1. Service only
2. Quote only
3 Quote and service

/.What is an incident? - Answer-The 'what" that was lost or damaged

/.What are the six assignable objects in CC base configuration? - Answer-1. Claims
2. Exposures
3. Activities
4. Service requests
5. Matter (litigation)
6. Subrogation

/.When does object assignment happen? - Answer-Object creation and manual object
reassignment

, /.What are the two basic building blocks of the CC org structure - Answer-Users and
groups

/.What is the difference between a policy and a PolicyType in CC? - Answer-Policy - a
product that is sold to customers, promises to pay money for specified loss types.
Contract between insured and insurer

PolicyType - Identifies the line of business associated with a policy, and indicates the
coverages (CoverageTypes) that can be associated with the policy

/.What is the purpose of a CoverageSubtype? - Answer-It connects coverage types to
exposure types

/.What are some coverage types? - Answer-Collision, comprehensive, general liability,
medical payments

/.What is the purpose of segmentation? - Answer-Process of determining a strategy for
processing a claim. determines complexity so that appropriate assignment can be made

/.What happens during automated claim setup? - Answer-1. The claim is segmented
2. The claim is assigned to a group and user
3. Activities may be created for work that must be done on the claim

/.What are 3 ways a claim can be entered into CC? - Answer-1. Portal
2. External application
3. New claim wizard

/.What are the highest and lowest levels of maturity of a claim and exposure? - Answer-
Ability to pay and New loss completion

/.What are two attributes of a group used in determining assignment? - Answer-Group
type and group region

/.What is the purpose of assignment in automated claim setup? - Answer-To determines
the owner of the claim and exposures

/.What are the 3 steps of automated claim setup? - Answer-1. Segmentation
2. Assignment
3. Workplan (activities)

/.How does CC manage a contact that has multiple relationships to a claim? - Answer-
through the ClaimContact entity

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