Some Insurers Are Experimenting with the Use of an Electronic

question 45

Multiple Choice

Some insurers are experimenting with the use of an electronic device that can be installed in a vehicle to track driving behavior.The insurers then use the information to help determine the appropriate auto insurance premium to charge.Such devices are called

• A)data recorders.
• B)radar detectors.
• C)original equipment manufacturer parts.
• D)thresholds

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Definitions:

Effectiveness

The degree to which something is successful in producing a desired result or outcome, often measured against predetermined objectives.

Organisational Development

A planned, systematic process aimed at increasing an organization's effectiveness and health through interventions in its processes, structures, and culture.

Diagnosis

The identification of the nature and cause of a certain phenomenon, typically referring to the determination of a medical condition based on symptoms and tests.

Client System

A group or organization that receives services, products, or advice from a consultancy or service provider.