Despite the faltering economy, during which insurance companies might be expected to hunker down and concentrate on survival, profitable growth has nevertheless held steady as the industry’s polestar. In fact, Celent’s 2012 survey of the U.S. insurance industry found that increasing profitability is the key business goal identified by CIOs as the primary component of their strategic agenda over...

This study aims to determine the factors that influence interest of Islamic insurance students become agents in industry at PT Asuransi Prudential Syariah Binjai. Agents play an important role companies, and are also very aware all products they sell customers as a form responsibility obtain clear accurate information about provided. The data used this primary secondary data. research method is...

purpose: this study wants to find any relationship between the numbers of purchase and the income the customer brings to the company. the attempt is to find those customers who buy more than one life insurance policy and represent the signs of good payments at the same time by the help of data mining tools. design/ methodology/ approach: the approach of this research is to use data mining tools...

In effect, the industry adopted both approaches. For southerners, companies almost universally (yet independently) employed every possible means of legally voiding policies. Alternatively, in the North, the industry embraced its public duty—or at least wrapped itself in the image of that duty. While creating a united front and collectively charging an exorbitant war premium to cover the uncerta...

A builder’s “All Risk” insurance policy is the traditional way that the construction industry insures against damage to the work in progress during construction. Despite its common namesake, “All Risk” does not literally mean that all risks of loss or damage are insured. Critical and subtle differences in the forms of all-risk insurance policies can determine whether there is, or is not, insura...

In this paper we derive a market-consistent value for long-term insurance contracts, with a focus on long-term health insurance contracts as found, e.g., in the German private health insurance industry. To this end, we rst set up a health insurance company model and, second, conduct a simulation study to calculate the present value of future pro ts and the time value of nancial options and guar...

The role of probabilistic models in the debate over genetics and insurance is discussed. A Markov model is used to show that, under quite extreme assumptions, adverse selection in life insurance ought to be controllable. The statistical problems of estimating small differences in mortality are discussed; these might limit the use of many genetic disorders as rating factors. The influence of the...

This study focused on the adoption of Web-based applications in the insurance industry. An indepth investigation of relevant literature on the technology adoption process and related issues, and the data collected from auto and life insurance companies identified several factors that affect e-insurance performance (in terms of both tangible and intangible benefits). Web site availability, organ...

This paper evaluates the relative efficiency of 23 Non Life Insurance companies in Indonesia, using Data Envelopment Analysis (DEA) model. DEA is a management evaluation tool that assists in identifying the most efficient and inefficient decisionmaking units (DMUs) in the best practice frontier. Empirical results show that bigger insurance companies are found to be efficient than smaller firms....

This paper describes BenInq, an expert system for beneets inquiry in the insurance industry. BenInq is designed to be used by both customer service representatives, who answer customers' questions in real time, and policy modiiers, who update insurance products. The main challenges were the design of the KR structure | in particular, representing a huge knowledge base at varying levels of granu...