Concordia Kahoot

Concordia Kahoot

Assessment

Flashcard

Mathematics

University

Hard

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15 questions

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1.

FLASHCARD QUESTION

Front

What is a P&C product?

Back

P&C stands for Property and Casualty insurance, which includes coverage for property damage and liability for accidents.

2.

FLASHCARD QUESTION

Front

Name an example of a non-P&C product.

Back

Dental Insurance is an example of a non-P&C product.

3.

FLASHCARD QUESTION

Front

What teams are involved in Personal Insurance?

Back

Personal Insurance typically includes teams that handle individual policies such as auto, home, and personal liability insurance.

4.

FLASHCARD QUESTION

Front

What is the role of the Data Science team in insurance?

Back

The Data Science team analyzes data to improve risk assessment, pricing, and customer insights.

5.

FLASHCARD QUESTION

Front

What is the significance of the Loss Ratio Report?

Back

The Loss Ratio Report helps insurers assess the profitability of their insurance policies by comparing claims paid to premiums earned.

6.

FLASHCARD QUESTION

Front

What does the Competitiveness Report analyze?

Back

The Competitiveness Report evaluates how an insurance company's products and pricing compare to competitors in the market.

7.

FLASHCARD QUESTION

Front

What is the Indication Report used for?

Back

The Indication Report provides insights and forecasts about future insurance pricing and market trends.

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