AIC 300 CLAIMS IN AN EVOLVING WORLD
CERTIFICATION EVALUATION EXAMS 2026
SOLVED QUESTIONS WITH FULL SOLUTION
◉ Olivia is careful to keep proper claim status notes when she
handles a claim. For example, she makes sure to only include neutral,
objective comments about the parties involved. This is because claim
notes
Select one:
A. Are potentially discoverable in a trial.
B. Continue for as long as the claim is open.
C. Present a chronology of the life of the claim.
D. Must be able to speak for themselves..
Answer: A. Are potentially discoverable in a trial.
Correct. Are potentially discoverable in a trial. Seemingly innocuous
comments can be devastating when read to a jury.
◉ Ciara is going to college with the goal of working as a data
scientist for an insurer. She will need a strong foundation in
mathematics and statistics, computer programming, domain
knowledge, and data science. Which one of Ciara's skills will require
,her to understand the insurance profession to which the data is
being applied?
Select one:
A. Mathematics and statistics
B. Data science
C. Computer programming
D. Domain knowledge.
Answer: Domain knowledge
...is the understanding of the discipline, profession, or activity to
which the data is being applied.
◉ rin helps her employer, a multi-line insurer, to determine actual
exposure and premium for coverage. She does this by conducting
detailed examinations of policyholder operations, records, and
accounting. Erin is a(n)
Select one:
A. Underwriter
B. Premium auditor.
C. Claims adjuster.
D. Producer..
Answer: Premium auditor.
,Premium auditors provide inventory values, contractors' equipment
lists, and other facts that are important to the claims function.
◉ Erik is a claims manager for Taunton Insurance. He is leading a
team of property claims representatives responding to a recent
tornado in Kentucky. Before sending the representatives into the
field, Erik has decided to use Internet of Things (IoT) technology to
assess the damage and danger in the area. Which one of the
following IoT devices would Erik most likely use in this situation?
Select one:
A. Drones
B. Telematics
C. Smartphones
D. Sensors.
Answer: Drones
Erik would most likely use drones to take photos or videos of the
difficult-to-reach area and assess the damage and danger. By using
the drones, he can assess the danger without risking the safety of the
claims representatives. Telematics devices are used in automobiles
to create a picture of driving patterns.
◉ Mustafa is a data scientist who is working with a team of
underwriting, IT, and actuary to develop a predictive analytics
model. The main goal of the project is to translate the insights
, gained from the model they develop into business action. In
Mustafa's experience, the team member that can provide the bridge
between the analytics and the business is
Select one:
A. Underwriting.
B. Data science
C. Actuary.
D. IT..
Answer: Actuary.
Actuaries are critically important to this process because they
understand the business and the analytics.
◉ The allegations contained in a summons and complaint typically
serve four purposes: To give notice, reveal facts, formulate legal
causes of action and
Select one:
A. State the damages sought
B. Suggest an out-of-court settlement.
C. Identify the opposing attorney(s).
D. Specify a delivery method for the response..
Answer: A. State the damages sought.
CERTIFICATION EVALUATION EXAMS 2026
SOLVED QUESTIONS WITH FULL SOLUTION
◉ Olivia is careful to keep proper claim status notes when she
handles a claim. For example, she makes sure to only include neutral,
objective comments about the parties involved. This is because claim
notes
Select one:
A. Are potentially discoverable in a trial.
B. Continue for as long as the claim is open.
C. Present a chronology of the life of the claim.
D. Must be able to speak for themselves..
Answer: A. Are potentially discoverable in a trial.
Correct. Are potentially discoverable in a trial. Seemingly innocuous
comments can be devastating when read to a jury.
◉ Ciara is going to college with the goal of working as a data
scientist for an insurer. She will need a strong foundation in
mathematics and statistics, computer programming, domain
knowledge, and data science. Which one of Ciara's skills will require
,her to understand the insurance profession to which the data is
being applied?
Select one:
A. Mathematics and statistics
B. Data science
C. Computer programming
D. Domain knowledge.
Answer: Domain knowledge
...is the understanding of the discipline, profession, or activity to
which the data is being applied.
◉ rin helps her employer, a multi-line insurer, to determine actual
exposure and premium for coverage. She does this by conducting
detailed examinations of policyholder operations, records, and
accounting. Erin is a(n)
Select one:
A. Underwriter
B. Premium auditor.
C. Claims adjuster.
D. Producer..
Answer: Premium auditor.
,Premium auditors provide inventory values, contractors' equipment
lists, and other facts that are important to the claims function.
◉ Erik is a claims manager for Taunton Insurance. He is leading a
team of property claims representatives responding to a recent
tornado in Kentucky. Before sending the representatives into the
field, Erik has decided to use Internet of Things (IoT) technology to
assess the damage and danger in the area. Which one of the
following IoT devices would Erik most likely use in this situation?
Select one:
A. Drones
B. Telematics
C. Smartphones
D. Sensors.
Answer: Drones
Erik would most likely use drones to take photos or videos of the
difficult-to-reach area and assess the damage and danger. By using
the drones, he can assess the danger without risking the safety of the
claims representatives. Telematics devices are used in automobiles
to create a picture of driving patterns.
◉ Mustafa is a data scientist who is working with a team of
underwriting, IT, and actuary to develop a predictive analytics
model. The main goal of the project is to translate the insights
, gained from the model they develop into business action. In
Mustafa's experience, the team member that can provide the bridge
between the analytics and the business is
Select one:
A. Underwriting.
B. Data science
C. Actuary.
D. IT..
Answer: Actuary.
Actuaries are critically important to this process because they
understand the business and the analytics.
◉ The allegations contained in a summons and complaint typically
serve four purposes: To give notice, reveal facts, formulate legal
causes of action and
Select one:
A. State the damages sought
B. Suggest an out-of-court settlement.
C. Identify the opposing attorney(s).
D. Specify a delivery method for the response..
Answer: A. State the damages sought.
