GUIDE WIRE CLAIM CENTER PROFESSIONAL EXAM QUESTIONS AND CORRECT ANSWERS|
ACCURATE REAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND
RATIONALE|ALREADY A GRADED|GUARANTEED PASS|LATEST UPDATE 2024/2025.
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
, GUIDE WIRE CLAIM CENTER PROFESSIONAL EXAM QUESTIONS AND CORRECT ANSWERS|
ACCURATE REAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND
RATIONALE|ALREADY A GRADED|GUARANTEED PASS|LATEST UPDATE 2024/2025.
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
ACCURATE REAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND
RATIONALE|ALREADY A GRADED|GUARANTEED PASS|LATEST UPDATE 2024/2025.
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
, GUIDE WIRE CLAIM CENTER PROFESSIONAL EXAM QUESTIONS AND CORRECT ANSWERS|
ACCURATE REAL EXAM WITH FREQUENTLY TESTED QUESTIONS AND
RATIONALE|ALREADY A GRADED|GUARANTEED PASS|LATEST UPDATE 2024/2025.
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
