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Free Dumps IBM Sales Mastery M2020-622 : IBM Risk Analytics for Insurance and Pensions Sales Mastery Test v1

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Question 5: Which of these C-level executives would be a key influencer for the selection of a Solvency II
Compliance Solution?
A. Senior Vice President of Global Sales
B. Chief Marketing Officer
C. Vice President of European Sales
D. Chief Investment Officer
Correct Answer: C
Explanation:
*Solvency II is an EU legislative programme to be implemented in all 27 Member States, including
the UK. It introduces a new, harmonised EU-wide insurance regulatory regime. The legislation
replaces 13 existing EU insurance directives.
*The Solvency II Directive 2009/138 /EC is an EU Directive that codifies and harmonises the EU
insurance regulation. Primarily this concerns the amount of capital that EU insurance companies
must hold to reduce the risk of insolvency.
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