In order to know how strong the business is, it is necessary to face competition. In the today’s world of globalization it is necessary to erase monopoly & let the private players to enter the market.
I have made the comparison between the public sector companies & Private players in General Insurance sector in order to know which of the either one player is strong & which one would grow faster. Tried to elaborate the points which make the each of the player outstanding as compared to other.
The main objective of mine doing this project are:
To have the overall idea about this new emerging sector.
To know about the future scope of Insurance market in India.
To gain knowledge about its practicality as well as technical aspect.
To know its impact in today’s generation.
In this project, I have emphases on New India Assurance Company Limited in case of Public Sector Company & in private sector ICICI Lombard, as both the companies are the leaders as far as market share & profit is concerned in their respective sector.
:tea:
I have made the comparison between the public sector companies & Private players in General Insurance sector in order to know which of the either one player is strong & which one would grow faster. Tried to elaborate the points which make the each of the player outstanding as compared to other.
The main objective of mine doing this project are:
To have the overall idea about this new emerging sector.
To know about the future scope of Insurance market in India.
To gain knowledge about its practicality as well as technical aspect.
To know its impact in today’s generation.
In this project, I have emphases on New India Assurance Company Limited in case of Public Sector Company & in private sector ICICI Lombard, as both the companies are the leaders as far as market share & profit is concerned in their respective sector.
:tea: