: RISK MANAGEMENT AND INSURANCE (PARA) NAME : STUDENT NUMBER : P0109064F COURSE : INSURANCE BROKING AND CLIENTELE SERVICES COURSE CODE : CIN4103 LECTURER : MRS SHONHIWA DUE DATE : 21 OCTOBER 2013 QUESTION: Do a swot analysis of traditional insurance brokers versus bancassurance as intermediaries in transacting insurance business. (100 marks) Introduction
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Case: Manzana Insurance - Fruitvale Branch (Abridged) Harvard Business School Executive Summary Fruitvale ’s core management problem is the low performance due to an unacceptable long turnaround times (TAT). Especially because of the late Renewals many of Fruitvale´s customers are turning to its major competitor Golden Gate. The operating performance needs to be improved by eradicating the bottleneck in Underwriting. This will be achieved by restructuring and simplifying the process. Through
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Page 1 Job Satisfaction: What is it? Why is it Important? How Can you Get it? by Kevin Scheid The issue of job satisfaction‚ what it is and why it is important‚ brings with it a great deal of research and opinion accompanied by a vast store of written material. However ‚ the topic j ob satisfaction lacks clarity and is sometimes controversial. The term “job satisfaction” is understood to mean everything from “making all aspects of a job easy for employees” to “making the job meaningful
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The alarm sounds. You now have about five minutes to get yourself ready and aware for what your about to be facing. During those five precious minutes‚ someone’s house is a blaze with fire. It is your duty to put that fire out‚ preserve as much as possible‚ and protect life. Do you think you could handle so much responsibility‚ pressure‚ and risk? I know I could. It is a dream of mine to become a firefighter in all sense of the word. I enjoy the thought of risk taking and even helping people
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annual rate is charged. 12. Generally Midterm is not permissible to grant mid-term cover for STFI perils. However‚ it can be taken but the risk will start after 15 days from the date of receipt of premium in cash. 13. Partial Insurance is not allowed in Fire Insurance except in a particular machinery such as Boiler. 14. Standard Fire and Special Perils Policy covers 12 perils. FIRE‚ LIGHTENING‚ EXPLOSION/IMPLOSION‚ AIRCRAFT DAMAGE‚ STORM & ALLIED PERILS‚ IMPACT DAMAGE‚ SUBSIDENCE AND LANDLISED
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Job Analysis Multiple Choice 1. _____ is the procedures through which one determines the duties associated with positions and the characteristics of people to hire for those positions. a. Job description b. Job specification c. Job analysis d. Job context e. None of the above (c; easy; p. 112) 2. The information resulting from job analysis is used for writing _____. a. job descriptions b. work activities c. work aids d. job context e. performance standards (a; easy; p. 112) 3. Which of the following
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settlement • Reinsurance • Investments Copyright © 2011 Pearson Prentice Hall. All rights reserved. 6-1 Rating and Ratemaking • Ratemaking refers to the pricing of insurance and the calculation of insurance premiums – A rate is the price per unit of insurance – An exposure unit is the unit of measurement used in insurance pricing premium = rate * exposure units – Total premiums charged must be adequate for paying all claims and expenses during the policy period – Rates and premiums
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Direct Democracy vs Representative Democracy The term Democracy is derived from two Greek words‚ demos‚ meaning people‚ and kratos‚ meaning rule. These two words form the word democracy which means rule by the people. Aristotle‚ and other ancient Greek political philosophers‚ used the phrase‚ `the governors are to be the governed’‚ or as we have come to know it‚ `rule and be ruled in turn’. The two major types of democracy are Representative Democracy and Direct Democracy. Clearly
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e-crm practice in aviva life insurance AVIVA life insurance entered in 2002 and deployed Talisma e-CRM suite. AVIVA got the success by recognizing the potential customers and bringing out products and services tailored to the customer requirements. Also e-CRM developed multistep marketing campaign and superior services across multiple channels. With this CRM project the company aims to achieve the organized data base system‚ superior service standards‚ quick access to customers‚ upgrading offers
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director your job requires you to oversee the athletic department‚ coaches‚ and sport teams. Other tasks you will have to deal with are running fundraising events‚ distributing money and field or court time evenly between teams‚ and contacting people for donations. Some additional responsibilities include ending sport teams and hiring or firing employees. An athletic director supervises the ordering of equipment and scheduling of events‚ games and matches. They also can act as representatives for athletes
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