Insurance risk and Integrated circuit card: Difference between pages

Revision as of 21:24, 28 June 2013

(ICC/IC Card). Any pocket-sized card with embedded integrated circuits in plastic cards with embedded integrated computer chips.

Also known as a smart card or chip card.

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-'''1.'''
+(ICC/IC Card). Any pocket-sized card with embedded integrated circuits in plastic cards with embedded integrated computer chips.
-For the customer - or potential customer - of an insurer, insurance risk is the risk of financial loss or other adverse effects resulting from failures in relation to the organisation's insurance purchasing activities.
+Also known as a smart card or chip card.
-A simple example would be failing to pay an insurance premium on time, resulting in the organisation being uninsured.
+== See also ==
+* [[Chip card]]
+* [[Smart cards]]
-'''2.'''
-For an insurer, a primary insurance risk is the risk of making losses on the provision of insurance.
+[[Category:Technology_and_Systems]]
-The most common cause is a greater than expected number or value of claims, or both.
-== See also ==
-*[[Insurance]]
-*[[Premium]]