Archive for the ‘Uncategorized’ category

An Agora Times report on the Indian Insurance Industry 2010

September 26th, 2022

In this article we discuss the Indian insurance market and the trends that will help companies in the United States evaluate how they can leverage from this untapped market.

The research has been conducted by the VA consulting team working with inputs from several insurance leaders in the Indian market that have worked with early entrants like Met Life,Guest Posting Zurich, ICICI and others.

Background to the Indian economy

Ever since the economy was opened up in 20 years ago India has been growing as an economy at nearly double digits.

As the working middle class becomes a sizable number the insurance industry has started growing at an incredible rate. It has grown over 200% since 2006. Even last year that insurance industry has grown by over 45%. Analysts predict the industry is going to grow at least 10% in 2010 to become a $42Billion industry. Even with this growth rate only 5% of the country is actually covered by any form of insurance.

The research has been conducted by the VA consulting team working with inputs from several insurance leaders in the Indian market that have worked with early entrants like Met Life, Zurich, ICICI and others.

There are insurance governing bodies have been formed and governing bodies have brought about a number of changes to standardize the insurance sector but more changes are expected especially in the personal and life area.

There are many factors to probe into as an investor or venturing into the Indian market. Our guidance to companies that are interested in entering the Indian market is:

The consumers as well as the investors should be focusing on the insurer’s financial strength and capability to meet ongoing responsibilities to its policyholders.
The fundamentals of the insurance company should be strong and should not indicate a poor investment opportunity as this might also deter growth.

Key FindingsTaking into account the changing socio-economic demographics, rate of GDP growth, changing consumer behavior and occurrences of natural calamities at regular intervals, the Indian life insurance market is expected to reach the value of around $42 Billion in the year 2010. The market is expected to grow at a CAGR of more than 200% YOY from the year 2006.

Florida Life Insurance Guide – How to Find the Best Florida Life Insurance Policy

March 23rd, 2022

This guide will help you to learn how to shop for life insurance in Florida. Shopping around for a policy is important because it allows you to see what is available to you and what rates you are eligible to receive.

Here are some tips that will help you to keep organized in your search for the best Florida life insurance policy:

- Keep a record of every quote request you make, including the company name and type of insurance. You should make sure that you start by requesting quotes on the same type of policy. If you run across a company that does not offer the same policy then you will need to note what their policy entails.

- Once you start getting quotes back from the companies you will need to read them carefully. You want to note if they say there will be further underwriting involved in order to give you an accurate price. This means that the quote is just an average yet individualized for your needs.

- Make sure that you look at all the terms and conditions. You want to compare only those quotes from plans that are the same. Any difference could be the reason for the price difference. You can always contact the company and ask them to alter the terms so you have quotes on the exact same type of policy.

Once you have quotes on policies that are the same you can simply check the prices and see which one is going to be your best deal.

Reputation Management is the Answer How Your Business Is Perceived

March 1st, 2022

Is it true that you are keen on finding out about dealing with your standing? Have you been searching for accommodating and solid data? Indeed, this article will ensure you get a few strong ideas. It will assist you with sorting out some way to more readily deal with your standing.

Posting data via online media locales is essential to your business’ standing. You should post a few times each week at any rate to actually run an advertising effort. Assuming you see that posting via online media locales is overpowering, consider recruiting an aide to make your posts for you.

At the point when individuals invest in some opportunity to offer something about your business, it is vital that you are sufficiently gracious to answer. While you might be an extremely bustling individual, it shows your crowd that you really care about them and what they need to say. This is imperative to keep a consistent client base.

At the point when you talk with your crowd, ensure that you do as such in a conversational tone. Individuals try to avoid the possibility of entrepreneurs continuously addressing them with promoting to them. While you would like to make a deal, you ought to never cause a client to feel like this is your main concern.

Be grateful. Assuming somebody leaves a decent audit about your organization, send them an individual message and express gratitude toward them for their criticism. On the off chance that conceivable, send your client a coupon for a specific percent off on their next buy as a much obliged. In the event that this is preposterous, earnestly say thanks to them for their input.

Assuming you will utilize anybody’s thoughts, you ought to constantly make a point to give them credit for that. Everybody out there can advance a little from others, so giving due credit will show individuals that you don’t think you are over that. This is an extraordinary method for getting their appreciation.

On the off chance that you own a business, treat your representatives consciously. Any other way, you might foster a negative standing as an entrepreneur. Certain individuals won’t give you business as a result of it.