service sector management

The Impact of Regulation While portfolio and cost management are important determinants of the viability of insurance companies, the US experience indicates that th nature and extent of regulation too plays a key role in determining the viability of these companies. The insurance industry in...

Implications of Cost Management As is the case with most competitive industries, profitability and viability of a firm in the insurance industry significantly depends on its market share, and its ability to minimise its cost of operations without compromising the quality of its service and...

The Role of Portfolio Management Portfolio and asset liability management are important for both life and property liability insurance companies. However, the latter face the problem that their liabilities are far more unpredictable than the liabilities of the life insurance companies. For...

Organisational Structures and their Implications Insurance companies can be broadly divided into four categories: stock companies, mutual companies, reciprocal exchanges, and Llyod's companies. The former two are the dominant forms of organisational structures in the US insurance industry. A...

Liberalisation of Insurance Industry While no aspect of the reform process in India has gone smoothly since its inception in 1991, no individual initiative has stirred the proverbial hornets' nest as much as the proposal to liberalise the country's insurance industry. However, the political...

Restructuring of LIC and GIC In the insurance sector as of today and in all probabilities for a long time to come, LIC and GIC will form a very significant part. The reasons for these are many. Firstly, they have been in business for a long time and therefore, are in position to know...

The Insurance Potential The main reason why the leading insurance companies in the world and the leading corporate group in India have shown a keen interest in the insurance sector, is the vast potential for future business. Restricted, as the market has been, through the operations of the two...

Product pricing Pricing of insurance products, as empirically available in India, shows that pricing is not in consonance with market realities. Life Insurance premia are generally perceived as being too high while general insurance (especially motor insurance) is priced too low. LIC has...

The Role of IRA (a) the protection of consumers' interest, (b) to ensure financial soundness of the insurance industry and (c) To ensure healthy growth of the insurance market. These objectives must be achieved with minimum government involvement and cost. IRA's functioning...

What should be the market structure? In this section, we analyze the question whether there should be unlimited private entry insurance markets or whether only a few players are allowed to operate. This question hinges around the issue of "adverse selection" described below...

Why allow entry to private players? The choice between public and private might amount to choosing between the lesser of two evils. An insurance contract is a "promise to pay" contingent on a specified event. In the case of insurance and banking, smooth functioning of business depends...

Three Questions about Insurance Liberalization Three key, questions that impinge on liberalization of insurance business in India. Are: why liberalize, what market structure to have finally, what role for regulator Introduction The decision to allow private companies to sell...

Inactivity of Agents of TATA Commission and other benefits To make agents active the monitory benefit can affect a lot .In place of giving the hefty commission at the first year of policy, if it is divided in the whole policy period it can induce them to work in coming year otherwise...

There are various reasons given by the inactive advisor regarding inactivity but there are some common reasons which make them inactive these are 5.1 Lack of communication- An agent has to meet new people daily, he has to interact with them, listen them and also convince them for the need of...

Download Philip Kotler Marketing Management Slides for MBA in Marketing student. Philip Kotler marketing management pdf 13th edition free download, Philip Kotler marketing management pdf free ebook i hv attachd all the ppt notes of philip kotler if u find it useful pls leave a mes..... thanku