CHAPTER - 1 INSURANCE 1.1 Introduction In law and economics‚ insurance is a form of risk management primarily used to hedge against the risk of a contingent‚ uncertain loss. Insurance is defined as the equitable transfer of the risk of a loss‚ from one entity to another‚ in exchange for payment. An insurer is a company selling the insurance; an insured‚ or policyholder‚ is the person or entity buying the insurance policy. The insurance rate is a factor used to determine the amount to be charged
Premium Insurance
Insurance & technology to better serve Emerging Consumers: Learning to improve access & service Zurich Financial Services Group Contents Acknowledgements A note on the authors Introduction I. A new data universe: understanding customers better Data mining Monitor behavior and trends Implications for insurance The bank in your hand: providing financial access through mobile phones Branchless banking SMS advertising and sales Implications for insurance 1 1 2 3 4 4 5 II. 6 6 8 9
Premium Mobile phone Insurance
well prepared with the meeting and has few understanding regarding the company and relationships between Kenworth managers. This in turn‚ leads to unsatisfactory results of consultation. The action research model employed in the presentation incorporates six phases‚ namely problem identification‚ consultation with behaviour science experts‚ data gathering‚ feedback to clients‚ and diagnosis of problems and joint action. The analysis of the Kenworth case follows the steps of the action research model
Premium Management Organization
[pic] Selling Process (Product Analysis) Introduction:- As we all know that in India most of the private players of Insurance industry are serving to the nation. Out of one respected brand I have taken to do the assignment named Birla Sun life Insurance‚ which is pioneer to the industry. It always uses to come with the innovation of their products. It is only the company who initiate the ULIPs (Unit Linked Insurance Plan) and for that matter its been a revolution in the industry. Birla
Premium Insurance Sales Underwriting
The PESTEL framework is designed to provide managers with an analytical tool to identify different macro-environmental factors that may affect business strategies‚ and to assess how different environmental factors may influence business performance now and in the future. The PESTEL Framework includes six types of important environmental influences: political‚ economic‚ social‚ technological‚ environmental and legal. These factors should not be seen as independent factors. Factors such as
Premium Strategic management Unemployment Management
PROJECT REPORT ON AVIATION INSURANCE T.Y.BBI (SEMESTER VI) ACADEMIC YEAR: 2011– 2012 SUBMITTED BY: PAYAL PEDNEKAR. ROLL NO: 1182326 PROJECT GUIDE PROF. PRATIBHA JITESH. VIDYA PRASARAK MANDAL’S R. Z. SHAH COLLEGE OF ART’S SCIENCE AND COMMERCE MITNAGAR ROAD‚ MULUND (EAST) MUMBAI - 400081 DECLERATION I Payal Pednekar the student of Banking and Insurance Semester 6th (2011-12) hereby declare that I have completed the project on Aviation Insurance. The information
Premium Insurance
DISSERTATION REPORT ON Marketing of General Insurance Products (with special reference to Iffco- Tokio General Insurance) SUMITTED IN PARTIAL FULFILLMENT OF THE RQUIREMENT OF THE DEGREE OF MASTER OF BUSINESS ADMINISTRATION H.N.B. GARHWAL UNIVERSITY SRINAGAR‚ GARHWAL SUBMITTED BY: SUBMITTED TO: Vaibhav Joshi Ms. Prapti Tandon MIB IVth Sem Faculty of IMS MIB06037 INSTITUTE OF MANAGEMENT STUDIES‚ DEHRADUN CERTIFICATE I have the pleasure in certifying that Mr
Premium Insurance
Values: Erie Insurance Company University of Phoenix MMPBL 590 March 15‚ 2010 Mission‚ Vision‚ and Values: Erie Insurance Company Erie Insurance has been in existence since 1925 by two men H. Orth Hirt and Oliver G. Crawford in Erie‚ Pennsylvania. Erie Insurance is in the
Premium Insurance State Farm Insurance Financial services
Case Study Progressive Insurance Table of contents: Page I. Brief Description of the case…………………………………………………………………………………… II. Statement of the Problem……………………………………………………………………………………… III. Objectives of the case study…………………………………………………………………………………… IV. Methodologies………………………………………………………………………………………………………. V. Analysis………………………………………………………………………………………………………………….. A. SWOT analysis B. VI. Significant Findings……………………………………………………………………………………………….. A. Positive
Premium Insurance
If Marketing Is Not Advertising - What Is It? Marketing Framework Market Research and Buyer Behaviour Understanding the behaviour of buyers in your target group is crucial in marketing. Now more than ever‚ success is dependant upon market research and identifying and meeting customer needs at a profit. ‘Zara’ have recently become the world’s largest clothing retailer‚ ‘by focusing on understanding consumer needs and behaviour and by providing value to the customer’. Through intense
Premium Marketing