Guidewire Course Overview
Guidewire Software is a leading provider of flexible core systems that enable property / casualty insurers to deliver insurance the way they want to. Guidewire builds high quality software that consistently works as promised. Designed for maximum flexibility and scalability, Guidewire solutions give insurers the capability to deliver excellent service to policyholders and agents and increase market share – while lowering operating costs. The Guidewire InsuranceSuite™, consisting of Guidewire PolicyCenter®, Guidewire BillingCenter®, and Guidewire ClaimCenter®, spans the entire insurance lifecycle – underwriting, policy administration, billing, and claims management.
Guidewire Training Curriculum
Policy Center Entities
Introduction to PolicyCenter Configuration
Configuring Location Groups and Pages
Configuring Job Wizards
Contacts and Locations
Introduction to Product Model
Introduction to Product Model Configuration
Configuring Products and Policy Lines
Configuring Coverage Terms
Configuring Question Sets
User , Groups , Organizations and Permissions
Configuring Side-by-Side Quoting
The Job Lifecycle
Intro to Workflow
Workflow Processes and Elements
Plugins and Messaging
Claim center InsuranceSuite is to support personal lines, commercial lines, and workers’ compensation, and to enable you to consolidate and simplify your system portfolio. Recognizing that one will still have other peripheral systems that need to integrate with a service-oriented architecture and pre-built web APIs. Thus, one can readily integrate InsuranceSuite with other systems, and deliver insurance the way you've always wanted to. Guidewire product focuses on three insurance core functions which are Claim center, policy center and billing center. Guidewire is getting bigger and has huge influence in the US. The workforce working in Guidewire is divided into Configuration, Integration and conversion. The ClaimCenter Application Guide is a description of the current Guidewire ClaimCenter product. It presents both an overview and complete details that a user can encounter when using ClaimCenter. It describes primarily how the application works out-of-the-box, before it has been customized for a particular insurance carrier. Since a key feature of Guidewire products is their ease and breadth of customization, this Guide tries also to indicate many of the opportunities it provides to model the application to suit the needs of the insurance industry.
Guidewire Business Rules
ClaimCenter helps companies implement their business rules and best practices by encoding them as decision rules that the system can use to govern the behavior of ClaimCenter at many critical decision points. The flexibility of the Rule Engine allows you to configure rules that assist in the processing of claims, exposures, and reserves from within ClaimCenter. There are two types of Business rule set categories: 1) Categories based on business logic, such as Validation, Assignment, Segmentation and other categories representing these business ideas. 2) Categories based on ClaimCenter events, such as completing one screen of a wizard and moving to the next screen. These categories include Pre- and Post-Update, On Close, and On Reopen. Each of these categories contains rule sets affecting one entity, like a claim or exposure.
The minimal set of sample rules that Guidewire provides with Guidewire ClaimCenter are enumerated in table 1 as follows:
20 February, 2021