Font size
S
M
L
XL
Worksheets2024 BU & HO Conference
Total questions: 55
Worksheet time: 28mins
Name
Class
Date
1.
Plan 2024 GWP will be crossing the ______mark.
a)
RM 1.6 bil
b)
RM 1.7 bil
c)
RM 1.8 bil
d)
RM 1.9 bil
e)
RM 2.0 bil
2.
The following are part of the Takeaways except for:
a)
Repricing of Motor and Medical class of business
b)
Identify and onboard new Digital platforms / partners
c)
More aggressive on Banca Commercial Referrals
d)
Effective Communication & execution of OCC
e)
Deepen knowhow and capability of our Digital, Banca & Affinity distributions
3.
Which class below has achieved GWP growth in FY2023?
a)
Commercial Property
b)
Personal Others
c)
Marine Cargo
4.
In terms of non-life insurance business in Asia, what is the PAT target of MSIJ in 2033?
a)
RM 1.1 billion
b)
RM 2.0 billion
c)
RM 3.3 billion
d)
RM 4.0 billion
5.
Who is the current prime minister of Japan?
a)
Mr. Kishida
b)
Mr. Suga
c)
Mr. Abe
d)
Mr. Takahashi
6.
Please choose the item which is not included in collaboration and synergy with MSIJ.
a)
myTukar
b)
Customer Journey Workshop
c)
MSPC
d)
Comic Fiesta
7.
What is the plan GWP and % for 2024 for Agency/Central
a)
30.50m /6%
b)
44.8m /8.5%
c)
50.0m /9.5%
d)
47.0 m/ 9%
8.
These are key focus and takeaways , except
a)
Derive opportunities from OCC, IRP
b)
Leverage on sales campaign
c)
Grow unprofitable business and accounts
d)
Target marine and FWIS segment
9.
Name any 3 marketing campaign which we are targeting.
(a)
10.
Which of the following are not classified as Intermediary Related Expenses (IRE)?
a)
Criteria-based IRE
b)
Credit Card Rebate
c)
Profit Commission
d)
Campaign remuneration
11.
Which of the following is not one of the quantitative or qualitative criteria for MSIG's Criteria-Based IRE?
a)
Number of Complaints
b)
Fire GWP
c)
GWP Growth
d)
Email Address Validity
e)
Cross-Selling Effectiveness
12.
Criteria-Based IRE: We score the intermediary separately for Motor and Non-Motor because Motor is usually loss-making.
a)
Yes
b)
No
13.
All BUs under VC's region achieved GWP growth against 2022 except:
a)
DM & DC
b)
DC & DJ
c)
DZ & KB
d)
JB & KN
e)
NIL
14.
Which BU contribute the highest GWP growth under VC's region in 2023?
a)
DM
b)
JB
c)
DC
d)
KN
e)
NIL
15.
Which class contributed the most profit under VC's region in 2023?
a)
Commercial property
b)
Marine
c)
Personal Motor
d)
Personal Property
e)
NIL
16.
Which Top 10 Franchise Brand achieved the highest GWP growth in 2023?
a)
Honda
b)
Toyota
c)
Perodua
d)
MyTukar
e)
NIL
17.
What is Direct Corporate growth for year 2023?
a)
0.11
b)
0.1
c)
0.12
18.
DC Biggest Corporate client in terms of GWP
a)
Petronas
b)
TNB
c)
NEG
19.
Number of DC Account Handler
a)
12
b)
10
c)
13
20.
Which is the Broking Channel GWP in y2023?
a)
195m
b)
205m
c)
215m
d)
225m
21.
What is plan growth for Affinity/Online Channel for year 2024
a)
20m
b)
21m
c)
22m
d)
23m
22.
How many agents have been recognized as qualified for the Year 2024 increase in sum insured initiative?
a)
415
b)
422
c)
420
d)
428
e)
410
23.
What was the take up rate for Year 2019 initiative? (based on no. of risks)
a)
1229
b)
1110
c)
1329
d)
1129
e)
1050
24.
As part of the Year 2024 initiative to increase the sum insured, what is the percentage increment for risks that have not had their sum insured revised for more than 3 years?
(a)
25.
What % was NICR in 2023 Japanese business?
a)
0.54
b)
0.528
c)
0.505
d)
0.444
26.
What NICR % in Healthcare class of Japanese bsiness was improved from 2018 to 2023?
a)
0.278
b)
0.358
c)
0.128
d)
0.158
27.
How many Japanese corporates are there in Malaysia?
a)
1500
b)
1600
c)
1700
d)
1800
28.
MSIG current stage in the Phased Liberalisation Roadmap?
a)
Phase 1
b)
Phase 2
c)
Phase 2A and Phase 2B
d)
Phase 2A
29.
Flood Take up rate has increased for the past 2 years for:
a)
Fire
b)
Motor
c)
Fire & Motor
d)
none of the above
30.
What is the current pricing flexibility(flex) for Fire New Products (Phase 2A)
a)
-15% flex from RFT 2.0
b)
+/- 30% flex from RFT 2.0
c)
-30% flex from RFT 2.0
d)
-40% flex from RFT2.0)
31.
What is MSIG growth rate as opposed to Industry rate
a)
0.0489
b)
0.0773
c)
0.0531
d)
0.0268
32.
Which areas of Marine is target to grow for 2024 ?
a)
Cargo, Marine Liability, P&I, Trade Credit, Cross Selling Products, Explore API
b)
Cargo only
c)
Cargo
P&I
Trade Credit
d)
Cargo
Marine Liability
P&I
Trade Credit
Cross Selling Products
Hull
e)
Cargo
Marine Liability
P&I
Trade Credit
Hull
33.
Which is affected sea by war ?
a)
Red Sea
b)
Arabian Sea
c)
Blue Sea
d)
Dead Sea
e)
Indian Sea
34.
How many states were affected by floods in 2022
a)
13
b)
14
c)
12
35.
A total of 33 high priority flood mitigation projects will be implemented in 2024 with a cost of ____
a)
RM10.8 billion
b)
RM12.8 billiion
c)
RM11.8 billion
36.
What's the COR for CAR in 2023?
a)
1.151
b)
1.141
c)
1.131
37.
3 key characteristics of Future Motor Claim Ecosystem are :
a)
Timeliness, Customer Experience, & Transparency
b)
Customer Experience & Transparency
c)
Transparency & Timeliness
d)
Cost savings
38.
Motor Claim Processing is moving from traditional claims processing to …
a)
Advance Claim Processing
b)
Data Analytic Driven Approach
c)
Professional Driven Approach
39.
MSIG provides roadside assistance with real time tracking of tow truck
a)
Yes
b)
No
c)
Not sure
40.
Claim Genuis AI is …........AI
a)
Artifcial
b)
Assisted
c)
Associate
d)
[insert answer]
41.
Features of Claims Genuis are …
a)
1. Identify Colour of the vehicles
2. Suggest Repair/ Replace
3. Parts mapping with MRC
b)
1. Identify Colour of the vehicles 2. Suggest Repair/ Replace
3. Parts mapping with MRC
c)
1. Parts mapping with MRC
2. Suggest Total Loss
3. Identify Damages
d)
1. Identify Damages
2. Suggest Repair/Replace
3. Parts mapping with MRC
42.
Caims Genuis AI can identify damages and suggest repair/replace. True or False
a)
True
b)
False
c)
Not sure
43.
During agency registration, reference check allow to take up to _____ days to response to Hiring ITO?
a)
2 days
b)
5 days
c)
15 days
44.
Effective 01/01/24 during due diligence process for new agent, please name what is BU action apart from submitting complete & correct forms ?
(a)
45.
AIX(Agents Information Exchange/Agency Database) joint venture by LIAM, PIAM & ISM
a)
True
b)
False
46.
What's the phase before Board Attestation and BNM Notification?
(a)
47.
What does MVP stand for
(a)
48.
JC3 stands for___.
a)
Joint Committee on Climate Change
b)
Joint Convention on Climate Change
c)
Joint Collaboration of Climate Change
49.
How can SMEs apply for the capacity building, certification, financing and incentive schemes on the JC3's ESG Jumpstart Portal?
a)
Check with MSIG's Customer Service
b)
Refer to the links within the website
c)
Check with our agents
50.
Who is our Corporate Panel Pharmacy Service provider?
a)
AA Pharmacy
b)
Alpro Pharmacy
c)
Big Pharmacy
d)
Caring Pharmacy
51.
What is HR/L&D's Tag Line for 2024?
a)
MiCare Approach
b)
You Care Approach
c)
Care Approach
d)
No Care Approach
e)
Who Care Approach
52.
What was the total Smart Towing cases rendered in 2023?
a)
10,994
b)
19,884
c)
10,464
d)
10,774
53.
What is the name of the Industry Consumer Education Campaign mascot?
a)
Auto
b)
Ot-to
c)
Jom Level Up
d)
Jomz
54.
When is the effective date for the revision of service tax rate?
a)
01-Jan-24
b)
01-Mar-24
c)
01-Aug-24
d)
01-Sep-24
55.
What is the applicable service tax rate for policy issued on 2 Mar but full premium received on 28 Feb?
a)
6%
b)
8%
c)
6% & 8%
d)
11%
Reset
