Insurance-primary

20 Questions | Total Attempts: 37

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Insurance Quizzes & Trivia

This quiz help to recapture some of the important points covered in the training.


Questions and Answers
  • 1. 
    BCS stands for  --------- 
  • 2. 
    Which of the following are true ?Application Manager is used for a.       Impact Analysis of application code b.      Reduces TCOE by 30% of application maintenance c.       Extracts data model from applications d.      Has the ability to extract business rules from the code  
    • A. 

      A and B

    • B. 

      B and C

    • C. 

      A and C

    • D. 

      All of the above

  • 3. 
    State if the following statement is True or False .BCS is a core insurance package   like Navisys/LifeAsis  
  • 4. 
    State if the following statement is True or False .BCS is a set of components or business services that weave data from underlying applications and arrive at new business processes 
  • 5. 
    State if the following statement is True or False .Host Integration builder is used to extend the life of As400 applications and web enable applications like Life Asia
  • 6. 
    The number of  active insurance customers that Polaris currently has
    • A. 

      < 10

    • B. 

      10-20

    • C. 

      20-40

    • D. 

      > 40

  • 7. 
    State if the following statement is True or False .Polaris works with insurance companies who operate in the London LLyods Market  
  • 8. 
    Which is the 3rd party Life Insurance package implemented by Polaris  ?
    • A. 

      Navisys

    • B. 

      LifeAsia

    • C. 

      Cloas

  • 9. 
      Which one of the below is not a business driver for Insurance companies                                      
    • A. 

      Product Innovation

    • B. 

      Increased customer satisfaction

    • C. 

      Increase cost of IT operations

    • D. 

      Compliance to regulatory bodies

  • 10. 
    One of the below is not related to operational efficiency   
    • A. 

      Application Rationalization

    • B. 

      Reduce cost of Maintenance

    • C. 

      Reduce cost per policy

    • D. 

      Increase distribution channels

  • 11. 
       Polaris has the ability to build Portals for  ……..
    • A. 

      Agents

    • B. 

      Banks ( Bancassurance)

    • C. 

      Customer Self Service

    • D. 

      All of the above

  • 12. 
               Which of the following is true Polaris has executed projects in
    • A. 

      Life and General

    • B. 

      Life and Reinsurance

    • C. 

      General and Reinsurance

    • D. 

      Reinsurance and Health Insurance

  • 13. 
    Polaris had a jointventure with
    • A. 

      AIG

    • B. 

      Allianz

    • C. 

      ICICI Prudential

    • D. 

      QBE

  • 14. 
    The Industry standard for Information exchange in Insurance Industry is called …….. 
  • 15. 
    There are ………  test cases created in the Insurance test case repository
    • A. 

      Less than 2000

    • B. 

      2000 to 5000

    • C. 

      5000 to 10000

    • D. 

      More than 10000

  • 16. 
    Insurance practice is headquartered out of which City ?
  • 17. 
    State if the following statement is True or False .Adrenalin has insurance customers 
  • 18. 
    The key business processes in an insurance company are    
    • A. 

      New Business , Policy Admin, Claims and Billing

    • B. 

      CRM, Document Management, EAI

    • C. 

      Workflow, Security, Data Warehousing

  • 19. 
    Single customer view can be delivered using Intellect SEEC  ……   components     
  • 20. 
    The Assets or solution accelerators from Insurance practice include  
    • A. 

      Lead Management, Bancassurance, Business Illustration

    • B. 

      Policy Management, Reinsurance, Claims

    • C. 

      Intellect Collect, Intellect SEEC, Intellect Prospect