Across
- 3. Device which helps insurance companies to analyze the risk profile of a driver and customize both offline and online car insurance policies
- 5. An Indian InsurTech, recently filed draft papers for IPO with SEBI
- 7. A person who calculates risk and probability on behalf of an insurer.
- 8. the process of taking steps to reduce the chance of loss or damage arising.
- 10. A global provider of life, accident and health insurers, formed an alliance with EY to aid companies in digital transformation of technologies and services
- 11. An arrangement between a bank and an insurance company allowing the insurance company to sell its products to the bank's client base
- 13. German based InsurTech raised US $400m series D funding in July 22 for business expansion
- 14. The act of compensating somebody else for damage or loss that you cause them.
- 15. Additional paid-up feature to widen up the scope of the base life insurance policy.
Down
- 1. A process where the insurer, acting on behalf of a policyholder who has suffered loss, pursues a third-party who has caused that loss for compensation.
- 2. A specialized type of insurance agent or broker that has been granted underwriting authority by an insurer.
- 3. A reinsurance contract that involves an insurance business acquiring insurance from another insurer.
- 4. Connecting link between the insurer and the insured in case of claims
- 6. Technology used in insurance companies for applications such as KYC, Anti-money Laundering (AML) procedures, claim handling, and creating peer-to-peer models.
- 9. A person who assesses risk on behalf of an insurer and assumes that risk in return for a fee.
- 12. With this EY Tool, insurers can launch new products, new business models and even entirely new brands in 12 months or less.