ACTUAL EXAM (2 VERSIONS) WITH COMPLETE
VERIFIED QUESTIONS AND DETAILED ANSWERS
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UPDATE
What tasks are c0mm0nly perf0rmed by n0n-devel0pers f0r
integrati0ns? - ✔✔✔ C0rrect Answer > N0n-devel0pers
0ften prepare data mapping d0cuments and screen m0ckups
needed t0 supp0rt integrati0n devel0pment
What are the benefits 0f implementing InsuranceSuite using
the base c0nfigurati0n?
- Transf0rm business 0perati0ns with inn0vati0n
- Keep current with techn0l0gy trends in the industry
- Leverage pr0duct d0cumentati0n, best practices, standards,
and t00ls
- Leverage Guidewire c0nsultants and expertise
- Leverage industry best practice built int0 InsuranceSuite
applicati0ns - ✔✔✔ C0rrect Answer > All 0f the Ab0ve
,What are the p0tential impacts 0f reinventing legacy systems 0r
features?
- Increased devel0pment time
- Decreased c0st
- Perf0rmance Issues
- Increased maintenance resp0nsibilities
- Limitati0ns and challenges with upgrades - ✔✔✔ C0rrect
Answer > 1, 3, 4, &5
- Increased devel0pment time
- Perf0rmance Issues
- Increased maintenance resp0nsibilities
- Limitati0ns and challenges with upgrades
Identify strategies and t00ls y0u can use t0 av0id reinventing
legacy systems and and features when implementing
InsuranceSuite applicati0ns.
- Prepare f0r elab0rating requirements by reviewing Incepti0n
N0tes
- Use the legacy system requirements as a starting p0int
- C0mpare system changes t0 business 0bjectives f0r alignment
- Leverage the benefits 0f sticking t0 the base c0nfigurati0n
,- Refer t0 the Strategic Value Map t0 identify the value 0f the
change
- Dem0nstrate standard functi0nality in the InsuranceSuite
applicati0n that will acc0mplish the same results
- P0int 0ut the impacts t0 budget devel0pment time and
maintenance management
- Refer t0 the pr0cess they are familiar with in their current
system - ✔✔✔ C0rrect Answer > 1, 3, 4, 5, 6, &7
- Prepare f0r elab0rating requirements by reviewing Incepti0n
N0tes
- C0mpare system changes t0 business 0bjectives f0r alignment
- Leverage the benefits 0f sticking t0 the base c0nfigurati0n
- Refer t0 the Strategic Value Map t0 identify the value 0f the
change
- Dem0nstrate standard functi0nality in the InsuranceSuite
applicati0n that will acc0mplish the same results
- P0int 0ut the impacts t0 budget devel0pment time and
maintenance management
Identify the Business 0bjective 0r Business Strategy that this
requirement is aligned with:
, Succeed Insurance wants users t0 be able t0 c0llect additi0nal
inf0rmati0n ab0ut a business premises. It is imp0rtant t0 kn0w
details ab0ut previ0us damage t0 buildings 0n the pr0perty, and
any precauti0nary measures taken t0 pr0tect the pr0perty, pri0r
t0 issuing new insurance. This w0uld include l0cati0n, age 0f
structure, evidence 0f subsidence, details 0f any structural
damage that have 0ccured since c0nstructed, and added
m0nit0ring systems such as sm0ke detect0rs and burglar alarms.
(Select 0ne)
- Bring pr0duct and pr0duct changes t0 market faster
- Decrease reliance 0n IT f0r pr0duct maintenance
- Impr0ve efficiency thr0ugh increased straight-thr0ugh
pr0cessing
- Make changes t0 base c0nfigurati0n t0 gain c0mpetitive
advantage
- Maintain Underwriting excellence with reduced l0ss
experience - ✔✔✔ C0rrect Answer > - Maintain
Underwriting excellence with reduced l0ss experience
Which 0f the Guiding Principles bel0w w0uld y0u reference
when making a decisi0n ab0ut whether t0 implement the
f0ll0w requirement: