Insurance Companies Have Resisted the Investment in Technology That Banks

question 123

True/False

Insurance companies have resisted the investment in technology that banks and other financial service firms have pursued.

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Definitions:

Osmosis

The movement of water molecules through a semi-permeable membrane from a region of low solute concentration to a region of high solute concentration to equalize the concentrations on both sides of the membrane.

Semipermeable Membrane

A type of membrane that allows certain molecules or ions to pass through it by diffusion and occasionally specialized "facilitated diffusion," while blocking others.

Diffusion

The process by which molecules move from an area of higher concentration to an area of lower concentration, driven by thermal energy.

Polymyxin B

An antibiotic used to treat bacterial infections by disrupting the cell membrane, primarily active against Gram-negative bacteria.