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| Author | : Lorenz Fuhrer |
| Publisher | : |
| Total Pages | : |
| Release | : 2012 |
| Genre | : |
| ISBN | : |
| Author | : Michael Murdock |
| Publisher | : |
| Total Pages | : |
| Release | : 2018-04-30 |
| Genre | : |
| ISBN | : 9780999888506 |
A reference guide for property & casualty insurance claim supervisors and managers. The book focuses on key claim operational issues and the fundamental responsibilities of claim supervisors and managers.
| Author | : J. David Cummins |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 379 |
| Release | : 2012-12-06 |
| Genre | : Business & Economics |
| ISBN | : 1461550459 |
Major challenges for life insurance companies have been posed by an unprecedented wave of mergers and acquisitions in the insurance industry and the emergence of non-traditional competitors such as banks, mutual fund companies and investment advisory firms. This is the first book to analyze the determinants of firm performance in the life insurance industry by identifying the `best practices' employed by leading insurers to succeed in this dynamic business environment. The book draws upon data from insurer financial statements as well as upon an extensive survey of life insurer management practices and strategic choices in distribution systems, information technology, mergers and acquisitions, human resources and financial strategies. Generic strategies such as cost leadership, customer focus, and product differentiation are analyzed as well as strategic practices specific to the insurance industry. Best practices are identified by measuring the economic efficiency of insurers and by comparing firms across the industry. Both cost and revenue efficiency are measured relative to best practice efficient frontiers consisting of the industry's dominant life insurance firms. Economies of scale and the effects of mergers and acquisitions on efficiency are also analyzed. Financial strategies are examined with specific reference to pricing policy, valuation of assets and liabilities, and the current state of firm-level risk management systems. The benchmarks established are the result of extensive fieldwork that identifies key financial risks and methodologies to both measure and manage them at the firm level. The results discussed in the book indicate that firm performance is significantly correlated with management practices and strategic choices. Thus, life insurers can improve profitability by adopting optimal combinations of strategies. The book contains important new material on the effects of strategic choices in product distribution systems, information technology, mergers and acquisitions, human resources, and financial risk management policies. In the area of efficiency, the methodology provides a new approach for identifying peer groups of insurers and measuring the performance of individual insurers relative to their peer group. On the topics of risk and pricing, new insights are offered relative to current methodologies and in regard to areas where improvement is clearly warranted. The book concludes with an analysis of the future opportunities and challenges in the life insurance industry facing managers, and the strategic options available to them to cope with these changes.
| Author | : Georges Dionne |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 1133 |
| Release | : 2013-12-02 |
| Genre | : Business & Economics |
| ISBN | : 1461401550 |
This new edition of the Handbook of Insurance reviews the last forty years of research developments in insurance and its related fields. A single reference source for professors, researchers, graduate students, regulators, consultants and practitioners, the book starts with the history and foundations of risk and insurance theory, followed by a review of prevention and precaution, asymmetric information, risk management, insurance pricing, new financial innovations, reinsurance, corporate governance, capital allocation, securitization, systemic risk, insurance regulation, the industrial organization of insurance markets and other insurance market applications. It ends with health insurance, longevity risk, long-term care insurance, life insurance financial products and social insurance. This second version of the Handbook contains 15 new chapters. Each of the 37 chapters has been written by leading authorities in risk and insurance research, all contributions have been peer reviewed, and each chapter can be read independently of the others.
| Author | : Patricia L. Saporito |
| Publisher | : Pearson Education |
| Total Pages | : 204 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0133760367 |
Data is the insurance industry's single greatest asset. Yet many insurers radically underutilize their data assets, and are failing to fully leverage modern analytics. This makes them vulnerable to traditional and non-traditional competitors alike. Today, insurers largely apply analytics in important but stovepiped operational areas like underwriting, claims, marketing and risk management. By and large, they lack an enterprise analytic strategy -- or, if they have one, it is merely an architectural blueprint, inadequately business-driven or strategically aligned. Now, writing specifically for insurance industry professionals and leaders, Patricia Saporito uncovers immense new opportunities for driving competitive advantage from analytics -- and shows how to overcome the obstacles that stand in your way. Drawing on 25+ years of insurance industry experience, Saporito introduces proven best practices for developing, maturing, and profiting from your analytic capabilities. This user-friendly handbook advocates an enterprise strategy approach to analytics, presenting a common framework you can quickly adapt based on your unique business model and current capabilities. Saporito reviews common analytic applications by functional area, offering specific case studies and examples, and helping you build upon the analytics you're already doing. She presents data governance models and models proven to help you organize and deliver trusted data far more effectively. Finally, she provides tools and frameworks for improving the "analytic IQ" of your entire enterprise, from IT developers to business users.
| Author | : |
| Publisher | : |
| Total Pages | : 1020 |
| Release | : 1923 |
| Genre | : Insurance |
| ISBN | : |
Best's insurance reports ... upon American and foreign joint-stock companies, and American mutual companies and 'Lloyds' associations.
| Author | : Barry Zalma |
| Publisher | : |
| Total Pages | : 296 |
| Release | : 2019-09-11 |
| Genre | : |
| ISBN | : 9781692554880 |
This latest addition to Barry Zalma's insurance claims series of books and articles is part of the most thorough, up-to-date, expert-authored insurance claims guide available today. Thorough, yet practical, this book is the ideal guide for any professional who works in or frequently interacts with the insurance industry. Claims professionals, risk managers, producers, underwriters, attorneys (both plaintiff and defense), and business owners will benefit greatly from this multiple volume guide. It is also the perfect resource for insurance educators, trainers, and students whose role requires an understanding of insurance law. This product may include information which is proprietary to Insurance Services Office, Inc. ISO does not guarantee the accuracy or timeliness of the ISO information provided. ISO shall not be liable for any loss or damage of any kind and howsoever caused resulting from your use of the ISO information. This is the seventh part of "Zalma on Insurance Claims" and will deal with: There are also 15 appendices with forms and checklists.1.Evaluation and Settlement - Property2.Evaluation and Settlement - Liability3.Subrogation4.Salvag
| Author | : |
| Publisher | : |
| Total Pages | : 532 |
| Release | : 1914 |
| Genre | : Insurance |
| ISBN | : |
| Author | : Angela Zeier Röschmann |
| Publisher | : |
| Total Pages | : |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
A risk culture concept is developed by integrating insights from organizational and safety culture research with risk management and insurance research and practice. In light of the common call for a sound risk culture, a normative concept outlines those organizational values that are characteristic of an ideal risk culture for (re)insurance companies from the perspective of risk management: uncertainty avoidance, scientific orientation, intrinsic motivation and cooperation. The power of risk culture comes from its influence on how employees perceive the relative priorities of different organizational goals and how perception guides risk behavior. Against this background, the meaning of embeddedness is addressed and the argument is made that the current focus by the risk and insurance practice on alignment and consistency as well as viewing risk culture as a fourth line of defense puts a limit to the understanding and potential contribution of risk culture. Furthermore, the notion of the ideal risk culture is challenged. This doctoral thesis concludes that mind-sets about innovation, agility and risk need to move closer together. A broader understanding of risk culture has the potential to contribute to the inherently needed balance of empowerment and control.
| Author | : Gerardus Blokdyk |
| Publisher | : 5starcooks |
| Total Pages | : 128 |
| Release | : 2018-03-07 |
| Genre | : |
| ISBN | : 9780655162544 |
How did the Claims Management Modules manager receive input to the development of a Claims Management Modules improvement plan and the estimated completion dates/times of each activity? What should the next improvement project be that is related to Claims Management Modules? Are accountability and ownership for Claims Management Modules clearly defined? Are improvement team members fully trained on Claims Management Modules? What will be the consequences to the business (financial, reputation etc) if Claims Management Modules does not go ahead or fails to deliver the objectives? Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role... In EVERY company, organization and department. Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?' This Self-Assessment empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Claims Management Modules investments work better. This Claims Management Modules All-Inclusive Self-Assessment enables You to be that person. All the tools you need to an in-depth Claims Management Modules Self-Assessment. Featuring 711 new and updated case-based questions, organized into seven core areas of process design, this Self-Assessment will help you identify areas in which Claims Management Modules improvements can be made. In using the questions you will be better able to: - diagnose Claims Management Modules projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices - implement evidence-based best practice strategies aligned with overall goals - integrate recent advances in Claims Management Modules and process design strategies into practice according to best practice guidelines Using a Self-Assessment tool known as the Claims Management Modules Scorecard, you will develop a clear picture of which Claims Management Modules areas need attention. Your purchase includes access details to the Claims Management Modules self-assessment dashboard download which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next. Your exclusive instant access details can be found in your book.
