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NO.1 What do insurers need to develop to meet customers ¯ needs
A. Fewer branch offices
B. Less diverse product offerings
C. Configurable set of insurance products
D. More complicated product offerings
Answer: A
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NO.2 What is one of three items that top performers in the insurance industry are focused on?
A. Their needs
B. The customer
C. The trends for database technology
D. IBM standards
Answer: B
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NO.3 What is growing exponentially and has implications for the insurance industry?
A. Mobile data processing
B. Digital communications
C. Digital data processing
D. Digital data storage
Answer: D
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NO.4 What do insurers need to have in place for processes and systems to really become a partner in risk
management?
A. A need to take on risk at an enterprise and an individual level
B. An understanding of risk at an enterprise and an individual level
C. A business case for reducing risk
D. More documentation
Answer: A
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NO.5 What is one of the innovations for channels that is new on the horizon?
A. Automated language translation
B. Automated billing
C. Automated data processing
D. Automated payments
Answer: C
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