ARM 400 Chapter 2

Question 1

What is risktech?

Answer 1

It is the result of emerging technologies coupled with smart products.

Question 2

What is insurtech?

Answer 2

The use of emerging technologies in the insurance industry.

Question 3

Define preventative analytics.

Answer 3

Statistical and analytical techniques used to influence or prevent future events or behaviors. Data is typically provided by technologies and smart objects.

Question 4

What are some examples of mechanical sensors for risk assessment and control?

Answer 4

Pressure sensors
Flow sensors
Motion detectors

Question 5

What are some examples of thermal sensors for risk assessment and control?

Answer 5

Smoke detectors
Heat sensors
Computer hardware sensors

Question 6

What are some examples of biochemical sensors for risk assessment and control?

Answer 6

Home diagnostic tests
Wearable fitness monitors
Diabetes test strips/monitors