Selection and Training of Life Insurance Advisors For Future Generali India Insurance Company Ltd By Bhaskar Jyoty Goswami C-14 In partial fulfillment for the award of the degree Post Graduate Diploma in Business Management July 2010-2012 NDIM New Delhi Institution of Management F-13‚ Okhla Industrial Area Phase-I New Delhi-110020 E-mail: info@ndimedu.com Website: www.ndimedu.com SUMMER TRAINING REPORT ON Recruitment‚ Selection and Training of Life Insurance Advisors For Future
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CONTENTS • What is Insurance • Purpose and its needs • History of Insurance • Fundamental Principles of Insurance. What is Insurance..??? Insurance is a system of providing financial protection against loss of or damage to an asset. In this system‚ a number of people who are exposed to similar kind of risk‚ agree to pay certain sums of money ( called premiums) to create a common pool of funds. This pool generates a compensation
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Individual loan section we have a bad slack for “Salaries overtime”. The company spends 7 times more than planned. The employers in the individual loan section work hard‚ take much overtimes and this influence to the performance of company. Also the company spent the money for “borrowed labor” that she doesn’t plan. In the corporate loan section we have a slack of 100% for “Salaries part time” and “Salaries overtime”. The company don’t use the budget for these 2 costs. Mr. Somersby might control
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environment (SWOT Analysis) HDFC and Standard Life first came together for a possible joint venture‚ to enter the life Insurance market‚ in January 1995. It was clear from the outset that both companies shared similar values and beliefs and a strong relationship quickly formed. In October 1995‚ the companies signed a 3-year joint venture agreement. STRENGTH 1. Domestic image of HDFC supported by Prudential’s international image is strength of the company. 2. Strong and well spread network of qualified
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Company Profile A new era in life Insurance About IDBI Federal Life Insurance IDBI Federal Life Insurance Co Ltd is a joint-venture of IDBI Bank‚ India’s premier development and commercial bank‚ Federal Bank‚ one of India’s leading private sector banks and Ageas‚ a multinational insurance giant based out of Europe. In this venture‚ IDBI Bank owns 48% equity while Federal Bank and Ageas own 26% equity each. . Having started in March 2008‚ in just five months of inception‚ IDBI Federal became one
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Market Research Report Non-Life Insurance in Belgium‚ Key Trends and Opportunities to 2018 ©reportscue Synopsis: The report provides in-depth market analysis‚ information and insights into the Belgian nonlife insurance segment‚ including: • The Belgian non-life insurance segment’s growth prospects by non-life insurance category • Key trends and drivers for the non-life insurance segment • The various distribution channels in the Belgian non-life insurance segment • The detailed competitive landscape
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About Tata AIG General Insurance Tata AIG General Insurance Company Limited (Tata AIG General) is a joint venture company‚ formed by the Tata Group and American International Group‚ Inc. (AIG). Tata AIG General combines the Tata Group’s pre-eminent leadership position in India and AIG’s global presence as the world’s leading international insurance and financial services organization. The Tata Group holds 74 per cent stake in the insurance venture with AIG holding the balance 26 percent. Tata
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Insurance has many ways to help us in our everyday lives. For Example: 1. Removal of uncertainties Insurance company takes the risks of large but uncertain losses in exchange for small premium. So it gives a sense of security‚ which is real gift to the business man. If all uncertainty could be removed from business‚ income would be sure. Insurance removed many uncertainties and to that extent is profitable. 2. Stimulant of business enterprise Insurance facilitates to maintain the large size commercial
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events o About child Gain o Company profile CHAPTER-3 o On the job training CHAPTER-4 o Data Analysis o Findings o Recommendations o Conclusion o Questionnaire Bibliography NEED OF THE STUDY To analyze the concept of insurance better and for making customer awareness analysis towards insurance. First a sample survey should be done on these things to
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towards Life Insurance Services Customer satisfaction is the perception of customers on the service whether that service has met his needs and expectations. Service quality‚ personal factors‚ perception of equity and fairness‚ price‚ product quality‚ situational factors and attributions for service success or failure are the factors that influence the customer satisfaction. However‚ the perceptions and expectations of the policyholders who have taken the policies from Life Insurance Companies vary
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