Introduction Insurance in Kenya is known to have been in existence for over sixty years now with the first insurance companies believed to have been owned by British insurers during the colonial times. The industry is governed by the Insurance Act and regulated by the Insurance Regulatory Authority. The Insurance Regulatory Authority (IRA) was created by the Insurance (Amendment) Act of 2006 and came into operation on 1st May 2007. The Authority was established with the mandate of regulating‚ supervising
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MANAGER A product manager‚ in my point of view deals with all aspects of marketing and planning to forecast of the product. The manager is in charge of developing product marketing and product design‚ the factors defining said product and handles all analysis of the market conditions and. MARKETING MANAGER A marketing manager handles all aspects involved with the marketing techniques of the product‚ defines the market served‚ analyses the competitive market‚ sets product prices‚ promotes and advertises
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PESTE Analysis PEST analysis (Political‚ Economic‚ Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management. Insurance is one of the service factor that are expected to continue to drive growth in the economy. Thus the insurance sector play important role in supporting economic ‚social and technology development. Economical factor Interest rate at bank very much affect to insurance industry‚ because
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LAW INSURANCE LAW ASSIGNMENT 3/10/2014 PART A: HISTORY OF INSURANCE LEGISLATION IN KENYA The notion of insurance in Kenya can be traced back to the “social insurance programme” which for a long time has been around Africa. However‚ the history of the development of commercial insurance in Kenya is closely related to its colonial heritage. Like some African and other developing countries‚ there was no specific insurance legislation in Kenya until 1960‚ when the Insurance Ordinance
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EXECUTIVE SUMMARY BDO Insurance Brokers Inc. is a wholly owned subsidiary of Banco de Oro Unibank. We are a team of industry professionals seasoned in the field of property‚ casualty insurance‚ healthcare‚ life assurance and employee benefits. Since insurance is a highly specialised and technical subject to what most people think. It is also very complex and even seasoned practitioners like us continue to encounter new issues that sometimes can catch us by surprise. To better serve our clients
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This answer is based on KEK Insurance Brokers Ltd (KEK)‚ my employer‚ a Ghanaian insurance broking company which has been the No. 1 insurance broker since 1992. It has affiliations with several local and international insurance organisations and provides services of general‚ life and non-life insurance products to both business and personal line customers. The company was registered as a limited liability company in 1985‚ and obtained the license to operate as an insurance broking and consultancy firm
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PEST analysis PEST analysis stands for "Political‚ Economic‚ Social‚ and Technological analysis" and describes a framework of macroenvironmental factors used in the environmental scanning component of strategic management. It is a part of the external analysis when conducting a strategic analysis or doing market research and gives a certain overview of the different macroenvironmental factors that the company has to take into consideration. It is a useful strategic tool for understanding market
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MODULE TITLE: BUSINESS ENVIRONMENT/ TRAVEL & TOURISM BUSINESS TOPIC : PEST ANALYSIS PEST ANALYSIS Introduction 3 History 3 Growth 3 PEST Analysis 4 Political Factors 4 Economic Factors 5 Social Factors 5 Technological Factors 6 Analyze your findings 7 Strategies pursued by the business to control PEST factors: 7 Recommendations 8 References 8 Oman Air Introduction Oman Air is the flag carrier of the Sultanate of Oman‚ based
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art European air hub at Leipzig/Halle Airport in Germany. In this document I will be covering both a PEST and SWOT analysis of DHL as a company. PEST Analysis of DHL‚ the PEST itself looks into the Political‚ Economic‚ Social and Technological Factors of a company and its marketing environment. Focusing on the internal environment‚ micro-environment and the macro-environment. Using a PEST analysis should always be considered when entering a new market‚ Launching a new product or service‚ considering
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The Romance of a Busy Broker by O. Henry Short story Analysis produced by the student Sorocian Liudmila gr.LAE16M The story under analysis was written by the american writer O.Henry‚ whose real name was William Sydney Porter. His short stories are known for their wit‚ wordplay‚ warm characterization and clever twist endings. O.Henry wrote about ordinary people: clerks‚ policemen or waitresses‚ many of his stories take place in New York. The title of the story is suggestive‚ because we can
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