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Advantages of computers in the insurance industry include enhanced data processing capabilities, which streamline claims management and underwriting processes, leading to faster service for customers. They also enable sophisticated data analysis for risk assessment and personalized policy offerings. However, disadvantages include the potential for data breaches and privacy concerns, as sensitive personal information is stored digitally. Additionally, reliance on technology may lead to challenges in customer service when human interaction is needed, potentially alienating some clients.
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What are the advantages and disadvantages of microcontroller based traffic light?
jayega bhitar
The advantages and disadvantages all type of power generation system based on the factors cost and fuel availability?
The advantages and disadvantages all type of power generation system based on the factors cost and fuel availability?
What are the advantages and disadvantages of methanol-based fuel cells?
diasadvantages... low efficiency
What are the advantages and disadvantages of methanol based fuel cells?
diasadvantages... low efficiency
What are the advantages and disadvantages of chakra-based meditation compared to silent meditation?
The advantages of chakra-based meditation as compared to the silent meditation is that it leads to the quicker emptiness of the mind.
Advantages and disadvantages of using flow charts instead of text-based programming?
There are quite a few different advantages and disadvantages of using flow charts instead of text-based programming. One pro is that this is a visual aid that helps explain your ideas.
What are the advantages and disadvantages of using a paper based database?
you could get your head stapled to the paper and will die....
What are some of the advantages offered by Allstate homeowners insurance?
There are many advantages offered by Allstate homeowners insurance. Some of these advantages include actual cash value coverage which covers property based on it's market value.
What are the advantages and disadvantages for politician making a decision based upon public opinion?
how would i know you big dumbo
Advantages and disadvantages of value-based pricing approach?
The advantage of value based pricing is increased profits and customer loyalty. The disadvantages are labor cost, competition, and the niche market.
What are the advantages and disadvantages of file based systems?
File-based systems are low cost and do not need external storage or somebody that is extremely knowledgeable in technology. Disadvantages include data duplication, lack of flexibility, and a lack of security.
What are the advantages and disadvantages of univac?
UNIVAC, or the Universal Automatic Computer, was one of the first commercially successful computers and had several advantages, including pioneering data processing capabilities and the ability to handle large volumes of data efficiently. It also introduced innovative features such as magnetic tape storage. However, its disadvantages included high costs, large physical size, and limited programming capabilities compared to later computers, which restricted its accessibility and versatility. Additionally, the reliance on vacuum tubes made it less reliable than subsequent transistor-based machines.
