What is an advantage of calculation procedures that the consultant should highlight in this scenario?

An Insurance company decides to use calculation procedures and matrices to calculate premium costs for new Insurance policies. Prices change very frequently, resulting In multiple copies of the rating or pricing tables.

What is an advantage of calculation procedures that the consultant should highlight in this scenario?
A . Allows aggregate functions
B . Allows text concatenation using algebraic operators
C . Allows multiple versions that will execute based on when the request is made
D . Allows AI integration to calculate next best offer using policy attributes

View Answer

Answer: B