ACTUAL EXAM (2 VERSIONS) WITH COM p p p p p
PLETE QUESTIONS AND DETAILED VERIFI p p p p
ED ANSWERS GRADED A+ | 100% VERIFIE
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D | 2024 UPDATE!!! p p p
What tasks are commonly performed by non-
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developers for integrations? - p p p
✔✔✔ Correct Answer > Non-
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developers often prepare data mapping documents and screen
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mockups needed to support integration development
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What are the benefits of implementing InsuranceSuite using the
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base configuration?
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- Transform business operations with innovation
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- Keep current with technology trends in the industry
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- Leverage product documentation, best practices, standards,
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and tools
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- Leverage Guidewire consultants and expertise
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- Leverage industry best practice built into InsuranceSuite appl
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ications - ✔✔✔ Correct Answer > All of the Above
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,What are the potential impacts of reinventing legacy systems or feat
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ures?
- Increased development time p p
- Decreased cost p
- Performance Issues p
- Increased maintenance responsibilitiesp p
- Limitations and challenges with upgrades - p p p p p
✔✔✔ Correct Answer > 1, 3, 4, &5
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- Increased development time p p
- Performance Issues p
- Increased maintenance responsibilitiesp p
- Limitations and challenges with upgrades p p p p
Identify strategies and tools you can use to avoid reinventing leg
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acy systems and and features when implementing InsuranceSui
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te applications.
p
- Prepare for elaborating requirements by reviewing Inception
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Notes
- Use the legacy system requirements as a starting point
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- Compare system changes to business objectives for alignment
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- Leverage the benefits of sticking to the base configuration
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,- Refer to the Strategic Value Map to identify the value of the c
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hange
- Demonstrate standard functionality in the InsuranceSuite
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application that will accomplish the same results
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- Point out the impacts to budget development time and
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maintenance management p
- Refer to the process they are familiar with in their current s
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ystem - ✔✔✔ Correct Answer > 1, 3, 4, 5, 6, &7
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- Prepare for elaborating requirements by reviewing Inception
p p p p p p p
Notes
- Compare system changes to business objectives for alignment
p p p p p p p
- Leverage the benefits of sticking to the base configuration
p p p p p p p p
- Refer to the Strategic Value Map to identify the value of the c
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hange
- Demonstrate standard functionality in the InsuranceSuite
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application that will accomplish the same results
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- Point out the impacts to budget development time and
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maintenance management p
Identify the Business Objective or Business Strategy that this req
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uirement is aligned with:
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, Succeed Insurance wants users to be able to collect additional inf
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ormation about a business premises. It is important to know deta
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ils about previous damage to buildings on the property, and any p
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recautionary measures taken to protect the property, prior to iss
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uing new insurance. This would include location, age of structure
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, evidence of subsidence, details of any structural damage that ha
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ve occured since constructed, and added monitoring systems suc
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h as smoke detectors and burglar alarms. (Select one)
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- Bring product and product changes to market faster
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- Decrease reliance on IT for product maintenance
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- Improve efficiency through increased straight-
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through processing p
- Make changes to base configuration to gain competitive a
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dvantage
- Maintain Underwriting excellence with reduced loss e
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xperience - ✔✔✔ Correct Answer > - p p p p p p
Maintain Underwriting excellence with reduced loss ex
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perience
Which of the Guiding Principles below would you reference whe
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n making a decision about whether to implement the follow req
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uirement: