Preview

Genural Insurance

Powerful Essays
Open Document
Open Document
7413 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Genural Insurance
TABLE OF CONTENTS

Sr.No. | Particulars | Page No. | 1 | Executive Summary | | 2 | Introduction | | 3 | Objectives of the Study | | 4 | Methodology | | 5 | A study on Indian General Insurance Industry- Auto Insurance | | 6 | Suggestions & Findings | | 7 | Conclusion | | 8 | Bibliography | |

EXECUTIVE SUMMARY

The project is about the study conducted on Indian General Insurance Industry, in particular with the Auto Insurance segment of general insurance.
It studies the current market how the insurance segment is booming in the last few years.
How the market has chanced with the new private entrants, what are the major challenges faced by insurance companies,
The role played by Government in this industry. The marketing strategies used by the competitors to survive in the market
The opportunities available with the company to progress and to overcome the challenges faced by them.
The future of this industry is very bright the short term scenario
For the general insurance sector appears to be challenging the long term prospects definitely present ample opportunities for growth.

INTRODUCTION:

This project is about the study conducted on the general insurance industry.
In particular with the auto insurance this is a part of general insurance.
This is the detailed study on how auto insurance industry sector functions,
What are the challenges faced by auto insurance industry currently,
Who are the market players in this auto insurance sector?
What is the current market situation about of the auto insurance sector
What are the various market strategies followed by these industries
What are the challenges faced by auto insurance sector How the companies are taking steps in order can overcome the challenges.
What are the future prospects of auto insurance industry

OBJECTIVES OF THE STUDY:

The objective of the thesis is:
“To study the Indian general insurance industry particularly with the auto

You May Also Find These Documents Helpful

  • Powerful Essays

    Kroger Insurance Case

    • 4593 Words
    • 19 Pages

    Insurance Companies compete with one another for a larger portion of the market share. The Bureau of Labor Statistics expects average growth in the insurance industry in terms of the number of new jobs that will be created between 2008 and 2018. With minimal growth to look forward to, insurance agents and companies will have to differentiate themselves in the marketplace by meeting a number of critical…

    • 4593 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    * The market will continue growing due to the concern about the health and well-being.…

    • 732 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Insurance

    • 604 Words
    • 3 Pages

    Approximately 75% of their annual revenues comes from developing, manufacturing and marketing a broad array of vehicle tires. The remaining 25% comes from the sale of other products, including air springs, building materials, synthetic and natural rubber, and industrial fibers and textiles. B/F distributes its tires through more than 12,000 outlets, including independent dealers, discount retailers, warehouse clubs (i.e., Sam’s Club) and our company- owned stores. B/F also operates Firestone Tire & Service Centers, Mark Morris, Expert Tire and Tire Station retail outlets for automotive tires and service. Their GCR Truck Tire Centers serve the commercial trucking industry with truck tire service and retreading. Webco offers agricultural, forestry and flotation tire service and Cobre Tire services their off-the-road customers with tires and service for the mining and construction industries.…

    • 604 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Progressive Insurance

    • 2586 Words
    • 11 Pages

    The Progressive Insurance otherwise, known as the Progressive Casualty Insurance Company, provides personal automobile insurance, and other specialty property-casualty insurance and related services in the United States. The company was co-founded in 1937 by Jack Green and Joe Lewis and is headquartered in Mayfield Village, Ohio. It has 25,000 employees in more than 450 offices. It aims to create employee satisfaction by providing them unique work environment. It ensures that the company’s objectives are clearly known and understood by its employees.…

    • 2586 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    Nnox

    • 747 Words
    • 3 Pages

    We take a holistic approach to risk and develop individual solutions that anticipate your needs. Our treaty and facultative reinsurance solutions are available directly or through brokers for: – Auto liability – Agricultural – General liability – Inland marine – Ocean marine – Personal lines – Political risk/trade credit – Professional liability – Property – Property catastrophe – Surety – Umbrella liability – Workers’ compensation…

    • 747 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Telematics

    • 2054 Words
    • 9 Pages

    has changed in telematics. It has transformed into a fast growing model that all insurers…

    • 2054 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Life Insurance

    • 978 Words
    • 4 Pages

    E rate is company is taking the help from the state to run the business.…

    • 978 Words
    • 4 Pages
    Powerful Essays
  • Good Essays

    The corporation will therefore scan the environment to determine its strengths, weaknesses, opportunities and threats and develop strategic alternatives to ensure that strengths are a source of competitive advantage and weaknesses are eliminated. Additionally, opportunities can be explored where the corporation may diversify its product offerings and develop strategies to overcome threats. This will allow the corporation to develop a reputation of…

    • 905 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Indian insurance industry has seen a significant growth over the past few years on account of…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Motor Insurance

    • 10938 Words
    • 44 Pages

    Vehicle first appeared on the roads in United Kingdom (UK) during 1880’s, but the first motor insurance is issued during 1890’s. Therefore it is almost 10 years time people use a motor vehicle as a mode of transportation without insurance coverage. Therefore, through their (insurer) experiences on other classes of insurance such as fire, theft & liability, they introduce the motor insurance towards the use of transportation. Then they emphasis it (motor insurance) on the subject matter which is the vehicle. Hence, they did it upon the drivers. At that time, insurer gave more weight or more concern about the drivers. They (insurer) will look into their (insured) experience especially young drivers.…

    • 10938 Words
    • 44 Pages
    Powerful Essays
  • Powerful Essays

    A COMMITTEE was set up in 1993 under the chairmanship of R.N. Malhotra, former Governor of the Reserve Bank of India, to make recommendations for reforms in the insurance sector. The Malhotra Committee recommended introduction of a concept of “professionalisation” in the insurance sector to make out a strong case for paving the way for foreign capital.…

    • 3629 Words
    • 15 Pages
    Powerful Essays
  • Satisfactory Essays

    The report provides in-depth industry analysis, information and insights of the insurance industry in Armenia, including:…

    • 731 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    surrogate adv synopsis

    • 710 Words
    • 3 Pages

    The objective of the study is to understand the challenges faced by companies and the strategies that could be followed to overcome these challenges.…

    • 710 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    insurance

    • 7949 Words
    • 35 Pages

    Here is the report on “Accident Insurance in Green Delta Insurance Company Limited and American Life Insurance Company Limited” which you had asked us to prepare. The assignment was assigned to us as a compulsory requirement of your Course (F-210, Insurance and Risk Management, in the second semester of our second year). The date of submission was February 17, 2014 and the deadline was met.…

    • 7949 Words
    • 35 Pages
    Powerful Essays
  • Satisfactory Essays

    insurance

    • 514 Words
    • 3 Pages

    Insurance industry in Kenya is faced by several challenges that make their operation in the Kenyan market difficult. These challenges are dependent on the people, the status of the market, laws governing insurance in Kenya and the lack of proper information about insurance.…

    • 514 Words
    • 3 Pages
    Satisfactory Essays

Related Topics