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Showing posts from August 20, 2024

Guidewire Reinstatement and Rewrite

Guidewire Reinstatement, Rewrite Mid Term, Rewrite Full Term, and Rewrite New Term In Guidewire PolicyCenter, different types of policy transactions allow users to modify, renew, reinstate, or rewrite policies under various circumstances. HereĆ¢ā‚¬ā„¢s an explanation of Reinstatement, Rewrite Mid Term, Rewrite Full Term, and Rewrite New Term, along with their similarities, differences, and example scenarios. 1. Reinstatement Definition: - Reinstatement is a process that brings a canceled policy back into force. This is typically done after a policy has been canceled due to non-payment or other reasons, and the insurer agrees to reinstate the policy, often after the insured has met certain conditions (e.g., paying outstanding premiums). Scenario Example: - A policyholder misses their premium payment, and the policy is canceled. After paying the overdue amount, the insurer reinstates the policy without any changes to the original policy terms and conditions. Key Points: - The poli...

Guidewire Batch Process

Guidewire Batch Process Implementation A batch process in Guidewire is a mechanism to run background tasks, typically involving large-scale data processing, such as data exports, reports, or scheduled updates. These processes are executed in the background and are designed to handle high volumes of data efficiently without impacting the performance of the Guidewire application for end-users. Key Components of a Guidewire Batch Process: 1. Batch Process Class : This is the Gosu class that defines the logic of the batch process. 2. Batch Process Configuration: This defines how the batch process is executed, such as its schedule, thread usage, etc. 3. Batch Step: A batch process can be broken down into multiple steps, where each step handles a specific portion of the task. 4. Batch Process History : This keeps track of the batch process execution, including statuses and results. Steps to Implement a Batch Process in Gosu: 1. Create the Batch Process Class The batch process cl...