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INS3080: IT in Insurance

INS3080: IT in Insurance. Faculty of Economics, Management and Accountancy. James Abela B.Sc. IT (Hons.). Sample Questions – Section B (5 marks each). What is a computer network? Give three (3) examples A network consists of 2 or more computers devices connected together. Examples:

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INS3080: IT in Insurance

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  1. INS3080: IT in Insurance Faculty of Economics, Management and Accountancy James Abela B.Sc. IT (Hons.)

  2. Sample Questions – Section B (5 marks each) What is a computer network? Give three (3) examples • A network consists of 2 or more computers devices connected together. • Examples: • Personal Area Network (PAN) • Local Area Network (LAN) • Wide Area Netork (WAN)

  3. Sample Questions – Section B (5 marks each) Mention five (5) examples of on-line marketing tools • SEO (Search Engine Optimisation) • On-line Advertising (example PPC) • Social Media Networks (Facebook, Twitter, etc) • Newsletters • Blogs

  4. Sample Questions – Section B (5 marks each) Mention three (3) advantages and two (2) disadvantages of Video conferencing • Advantages • Saves time and cost it takes to travel • Brings people from all over the world together for a meeting at the same time • Video Conferencing can support home working • Disadvantages • Some people are uncomfortable with using this type of technology • It is difficult to assess another person’s body language

  5. Sample Questions – Section B (5 marks each) What is Data warehouse? How does it differ from traditional Databases? A data warehouse is a large database that stores current and historical data of potential interest to managers throughout the company. Traditional Databases are transactional. Data warehouses have the distinguishingcharacteristic that they are mainly intended for decision support applications. They are optimized for data retrieval, not routine transaction processing

  6. Sample Questions – Section B (5 marks each) List five (5) databases used within the Insurance Industry (both local or International) • Motor Insurance Database (MID) • Motor Insurance Anti-Fraud and Theft Register • Claims and Underwriting Exchange • Art Loss Register • ADT Database (eVERA)

  7. Revision Lecture Exam Tips • Read ALL Chapters (8 in total) • Focus on the most important topics as discussed during the revision lecture • Do NOT waste time during the exam...every minute counts • Email me (james.abela@gmail.com) with any questions or visit the website. Questions sent on the eve of the exam will NOT be answered... www.ITinInsurance.com

  8. Thank You! Any Questions???

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