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Related Certification(s): AIWMI Certification


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NEW QUESTION: 1
An insurance company wants to increase sales by 15% and customer retention by 10% within 1 calendar year.
Various strategies to achieve this were considered and a restructure to the existing pricing model is selected to help achieve these goals.
A business analyst (BA) works with stakeholders such as actuaries, product specialists, sales staff, risk managers, and underwriters who agree to applying varying levels of discounts to customers based on:
*Total annual premium the customer has with the company (Financial worth)
*Time with the insurance company (Loyalty)
Various financial models are considered but the stakeholders agree that an initial applicable discount is determined based on the customer's overall premium:

The percentage of the maximum possible discount available to the customer is adjusted based on time with the company:

If within the first six months, customer retention increased by 5 % and sales increased by 6%, then when will the desired sales and retention goals be achieved assuming the trend continues at the same pace?
A. Sales - 2 years; Retention - 18 months
B. Sales - 18 months; Retention - 1 year
C. Sales - 3 years; Retention - 1 year
D. Sales - 2.5 years; Retention - 2 years
Answer: B

NEW QUESTION: 2
Which storage virtualization management technique uses the same path for both data and control?
A. IN-BAND APPLIANCE
B. STORAGE APPLIANCE
C. Isas APPLICATION
D. OUT-OF-BAND APPLIANCE
Answer: A
Explanation:
Topic 4, Volume D

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