Question

What is the impact of technology on the workforce of insurance companies?

a.

The staff will not require any new skills

b.

Some of the staff will become redundant

c.

The systems will require more staff

d.

There will be no impact on the staff

Answer: (b).Some of the staff will become redundant Explanation:If insurance companies use new technologies, some staff members may be found to be redundant because the systems will be able to function with lesser staff and because some staff members may find it difficult to adjust to the new technology.

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Q. What is the impact of technology on the workforce of insurance companies?

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