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
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
