1. Bharti Enterprises announces a new strategic organization structure and governance model to build a diversified conglomerate across various businesses including telecom, retail, insurance, agriculture, and more.
2. Sunil Bharti Mittal will lead Bharti Enterprises as Chairman and Group CEO, empowering business leaders and focusing on strategic direction.
3. The new structure strengthens accountability while enhancing professionalism across Bharti's businesses.
Bajaj Allianz Life Insurance is a joint venture between Bajaj Auto and Allianz AG. It has over 74 lakh customers served through 1164 customer care centers. The presentation discusses the establishment and growth of the company, profiles of its parent companies (Bajaj Group and Allianz Group), its products, policies, organizational structure, SWOT analysis and strategies for recruitment. It aims to be the preferred insurer and employer in India.
This document provides information about Equity Bonds Pty Ltd, an Australian company that specializes in providing deposit guarantee bonds. It includes details about their offices, mission, products and services, customers, and philosophy of providing innovative financing solutions through the use of equity bonds.
This document summarizes various life insurance products offered by Bajaj Allianz Life Insurance Company. It provides details about the company's growth, partnerships with Bajaj Group and Allianz SE, and describes several popular insurance plans like Capital Shield, Fortune Plus, Century Plus, Unit Gain Plus Gold and New Unit Gain, highlighting their key features such as premium amounts, allocation percentages, expected annual returns, and tax benefits. Projected fund growth charts with annual allocation and returns are also presented for some of the plans.
This document provides an index and overview of chapters in a project report on rural distribution and recruitment of consultants for Bajaj Allianz Life Insurance Company. It includes acknowledgments, an introduction on insurance concepts, background on Bajaj Allianz and its shareholders Bajaj Auto and Allianz AG. It also outlines the objectives and methodology of a study on the market credibility of Bajaj Allianz compared to other private life insurers and describes a new unit-linked insurance plan called New Unit Gain Plus.
Consultants must understand the importance of this Sales Career. He or She must learn all four basic things which includes, Complete Knowledge of Takaful System, Develop Attitude to Conduct 3 face to face Sales Interviews, Improving their Skill like, Customer Presentation and Closing Attempts and finally Make them Habbit to do regularly and these activities of daily routine should become the part of their personality.
The document summarizes a business presentation about life insurance provided by Bajaj Allianz Life Insurance. Some key points:
- Bajaj Allianz Life Insurance is a partnership between Bajaj, an Indian conglomerate, and Allianz, a large German insurance company, bringing together local and global expertise.
- A new life insurance product called "New Family Gain" is presented, which provides a sum assured for critical illness and death, as well as a savings component with potential returns of 15-25% annually over a premium period of 3-70 years.
- The presentation outlines customer benefits of Bajaj Allianz policies and a referral-based business plan to incent
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
The document discusses the history and development of the life insurance industry in India. It begins with the establishment of the first life insurance company in India in 1818. It then covers the nationalization of life insurance in 1956 with the formation of LIC, and the subsequent establishment of the Insurance Regulatory and Development Authority (IRDA) in 2000 which led to the entry of private life insurers. The document also provides lists of current life insurers in India and describes the core departments and functions within life insurance companies, including marketing, actuarial, underwriting, investments, finance, and vigilance.
Bajaj Allianz Life Insurance is a joint venture between Bajaj Auto and Allianz AG. It has over 74 lakh customers served through 1164 customer care centers. The presentation discusses the establishment and growth of the company, profiles of its parent companies (Bajaj Group and Allianz Group), its products, policies, organizational structure, SWOT analysis and strategies for recruitment. It aims to be the preferred insurer and employer in India.
This document provides information about Equity Bonds Pty Ltd, an Australian company that specializes in providing deposit guarantee bonds. It includes details about their offices, mission, products and services, customers, and philosophy of providing innovative financing solutions through the use of equity bonds.
This document summarizes various life insurance products offered by Bajaj Allianz Life Insurance Company. It provides details about the company's growth, partnerships with Bajaj Group and Allianz SE, and describes several popular insurance plans like Capital Shield, Fortune Plus, Century Plus, Unit Gain Plus Gold and New Unit Gain, highlighting their key features such as premium amounts, allocation percentages, expected annual returns, and tax benefits. Projected fund growth charts with annual allocation and returns are also presented for some of the plans.
This document provides an index and overview of chapters in a project report on rural distribution and recruitment of consultants for Bajaj Allianz Life Insurance Company. It includes acknowledgments, an introduction on insurance concepts, background on Bajaj Allianz and its shareholders Bajaj Auto and Allianz AG. It also outlines the objectives and methodology of a study on the market credibility of Bajaj Allianz compared to other private life insurers and describes a new unit-linked insurance plan called New Unit Gain Plus.
Consultants must understand the importance of this Sales Career. He or She must learn all four basic things which includes, Complete Knowledge of Takaful System, Develop Attitude to Conduct 3 face to face Sales Interviews, Improving their Skill like, Customer Presentation and Closing Attempts and finally Make them Habbit to do regularly and these activities of daily routine should become the part of their personality.
The document summarizes a business presentation about life insurance provided by Bajaj Allianz Life Insurance. Some key points:
- Bajaj Allianz Life Insurance is a partnership between Bajaj, an Indian conglomerate, and Allianz, a large German insurance company, bringing together local and global expertise.
- A new life insurance product called "New Family Gain" is presented, which provides a sum assured for critical illness and death, as well as a savings component with potential returns of 15-25% annually over a premium period of 3-70 years.
- The presentation outlines customer benefits of Bajaj Allianz policies and a referral-based business plan to incent
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
The document discusses the history and development of the life insurance industry in India. It begins with the establishment of the first life insurance company in India in 1818. It then covers the nationalization of life insurance in 1956 with the formation of LIC, and the subsequent establishment of the Insurance Regulatory and Development Authority (IRDA) in 2000 which led to the entry of private life insurers. The document also provides lists of current life insurers in India and describes the core departments and functions within life insurance companies, including marketing, actuarial, underwriting, investments, finance, and vigilance.
1. Bharti AXA's SmartDrive Commercial Vehicle Insurance Policy provides comprehensive coverage for commercial vehicles plying on public roads as required by law.
2. The policy covers liabilities arising from accidental death, injury to third parties, or damage to third party property from vehicle accidents. It also covers accidental damage to the insured vehicle.
3. Additional optional covers include coverage for accessories, personal accident coverage for passengers and drivers, and legal liabilities of paid drivers and employees present in the vehicle.
1) The document analyzes the recruitment process, customer satisfaction, and financial performance of Bajaj Allianz Life Insurance.
2) It finds that the recruitment process is centralized but could be improved by decentralizing and training new hires.
3) Customers primarily seek risk coverage, returns, and brand reputation when purchasing policies.
4) While Bajaj Allianz has grown premium collections and investment incomes, it previously suffered losses but is now profitable.
5) Suggestions include improving awareness, returns, and investing profits more effectively.
Bajaj Allianz Life Insurance conducted a study to analyze consumer perception of their products. They surveyed people in Kolkata over 4 weeks. Most respondents were graduates between 35-45 years old working as professionals. While 91% had life insurance, 9% did not. The top reasons for purchasing insurance were tax benefits, savings, and risk coverage. Respondents were most aware of insurance companies through advertisements. The study found that while LIC was seen as the top insurer, Bajaj Allianz was the second most preferred private insurer. However, there remains room for Bajaj Allianz to improve awareness of their offerings and address issues like misleading ads and reimbursement delays.
Aditya Birla Health Insurance Company (ABHICL) was established in 2016 as a standalone health insurance company from the Aditya Birla Financial Services Group. It is a joint venture between Aditya Birla Group of India and MMI Holdings of South Africa. ABHICL offers a variety of individual and group health insurance plans with customized benefits and focuses exclusively on the health insurance segment.
An introduction to PruProtect looking at their product evolution, growth and their financial strength and stability along with Discovery's 2011 claims experience.
The Global Affinity Finance Club is Finaccord’s quarterly newsletter about affinity financial services worldwide. Through this, Finaccord publishes top line information about key strategic developments in affinity and partnership marketing of financial services around the world, segmented between affinity insurance news, bancassurance news and affinity banking news. This service differs from that provided by other research companies because its focus is genuinely global, often translating news that only appears in languages other than English.
In addition, it concentrates exclusively on affinity and partnership marketing strategy. Affinity and partnership marketing strategy is an important component of general distribution strategy for a majority of large banks and insurance companies serving consumers and small businesses as successful partnerships potentially allow them to access groups of customers that they cannot always reach by themselves.
If you would like to join Finaccord’s Global Affinity Finance Club, contact us by telephone or send us an email to info@finaccord.com. Thereafter, each quarter, we will send you a link to the page of our website with fresh news and future editions of this document.
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and believe that readers will benefit from this periodic publication immensely.
Reliance Insurance Limited is a leading private sector non-life insurance company in Bangladesh that was incorporated in 1988. It offers various insurance products including fire, marine, engineering, personal accident, motor, liability, and other miscellaneous insurances. Reliance Insurance aims to become the premier insurance organization in Bangladesh with a reputation for dependability, professionalism, and high customer service standards. It has over 30 branches across the country and a paid-up capital of 597.42 million taka.
Innovation Insurance Group had a successful 2014, with revenue increasing 61% over 2013. The expert witness services practice group saw the most growth, achieving 20 engagements over the year. IIG also created the Bitcoin Insurance Agency to provide brokerage services for the emerging bitcoin industry, and launched the first bitcoin theft insurance policy. Looking ahead, IIG expects continued growth in 2015 as the economy and insurance industry improve.
AVCA 9th Annual Conference | GTAssur Presentation by Tosin Runsewe - CEO, GTA...AVCA-Africa
The document summarizes the history and growth of Guaranty Trust Assurance plc, a leading insurance company in Nigeria. It traces the company's evolution from its founding in 1989 under a different name to its recent growth and success. Key points include its acquisition by GTBank in 2002, name change to Guaranty Trust Assurance in 2004, and transition to a public company in 2005. The company has experienced strong growth rates, expanding into new markets and product lines. It is now the third largest insurer in Nigeria and has received several awards and high credit ratings for its performance and achievements.
This document brings together a set of latest data points and publicly available information relevant for Insurance. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
Concept of 4 cs in life insurance sellingsanjay sawant
The document discusses the concept of the 4 Cs - creation, consumption, conservation, and contingencies of income. It provides examples of how people can create income through work or business and then consume it to cover basic needs like food, shelter, and education. The third C is conservation, which involves accumulating wealth and estate creation. The fourth C is contingencies, which refers to replacing income during retirement, death, or disability through purchasing life insurance. It provides illustrations of calculating appropriate life insurance coverage amounts needed to replace income in these situations.
The document provides information on Insurans Islam TAIB, a wholly owned subsidiary of Perbadanan Tabung Amanah Islam Brunei (TAIB) established in 1993. It details the parent company TAIB's establishment and role providing Islamic banking services. The document then outlines Insurans Islam TAIB's vision, mission, and goals to provide competitive Takaful products compliant with Sharia principles. Finally, it summarizes several of Insurans Islam TAIB's Takaful plans, including family, mortgage, and general plans covering topics like fire, motor, and travel.
Article published in FULLCOVER 9 that presents Fosun group, shareholder of Fidelidade, highlighting the group's strategy for the insurance industry and for the main player in the Portuguese market
This document provides information about S 9 Insurance Services and their agent K. Ashwin Kumar. It outlines the company's mission to be the preferred choice for general insurance and their values of leveraging technology, excellence in service, and high ethical standards. It then provides details about National Insurance Company Ltd., including their network, policies offered, and growth in premium income. The rest of the document categorizes and lists various personal, rural, industrial, and commercial insurance policies offered.
The Dubai Health Authority has issued a law requiring all residents and their dependents in Dubai to have mandatory private health insurance. The law will be implemented in phases, starting with companies employing over 1000 people in 2015. By the deadline for each phase, all individuals in that phase must have insurance. Employers are responsible for arranging insurance plans that meet the Essential Benefits Plan requirements and for paying premiums. Insurers must offer plans within the annual premium range set by DHA of AED 520 to AED 730 per person. The minimum required plan benefits include an annual limit of AED 150,000 per person and coverage for inpatient, outpatient, maternity services and medications.
Dr.U.Priya, Head & Assistant Professor of Commerce, Bon Secours for Women, Th...PriyaU5
The document discusses the Insurance Regulatory and Development Authority (IRDA) of India. It was established in 2000 to regulate and promote the insurance industry in India. Some key points:
1) IRDA was set up based on recommendations from the Malhotra Committee to allow private companies and foreign investment in the insurance sector.
2) IRDA's objectives include protecting policyholders, developing the insurance industry, ensuring fair market conduct, and promoting transparency.
3) IRDA regulates all insurance companies in India and oversees their registration, capital requirements, investment policies, and other activities. It aims to develop the insurance sector and new products.
n Bharti AXA General Insurance offers the SmartHealth Critical Illness Policy, which provides comprehensive coverage for 20 critical illnesses.
n The policy covers all expenses related to covered critical illnesses, including hospitalization costs, pre- and post-hospitalization expenses, and offers additional benefits like dread disease recuperation allowance and ambulance charges.
n Customers have the option to receive reimbursement of covered expenses or a lump sum payment equivalent to the sum insured upon diagnosis of a critical illness and surviving for over 30 days.
1. Bharti AXA's SmartDrive Commercial Vehicle Insurance Policy provides comprehensive coverage for commercial vehicles plying on public roads as required by law.
2. The policy covers liabilities arising from accidental death, injury to third parties, or damage to third party property from vehicle accidents. It also covers accidental damage to the insured vehicle.
3. Additional optional covers include coverage for accessories, personal accident coverage for passengers and drivers, and legal liabilities of paid drivers and employees present in the vehicle.
1) The document analyzes the recruitment process, customer satisfaction, and financial performance of Bajaj Allianz Life Insurance.
2) It finds that the recruitment process is centralized but could be improved by decentralizing and training new hires.
3) Customers primarily seek risk coverage, returns, and brand reputation when purchasing policies.
4) While Bajaj Allianz has grown premium collections and investment incomes, it previously suffered losses but is now profitable.
5) Suggestions include improving awareness, returns, and investing profits more effectively.
Bajaj Allianz Life Insurance conducted a study to analyze consumer perception of their products. They surveyed people in Kolkata over 4 weeks. Most respondents were graduates between 35-45 years old working as professionals. While 91% had life insurance, 9% did not. The top reasons for purchasing insurance were tax benefits, savings, and risk coverage. Respondents were most aware of insurance companies through advertisements. The study found that while LIC was seen as the top insurer, Bajaj Allianz was the second most preferred private insurer. However, there remains room for Bajaj Allianz to improve awareness of their offerings and address issues like misleading ads and reimbursement delays.
Aditya Birla Health Insurance Company (ABHICL) was established in 2016 as a standalone health insurance company from the Aditya Birla Financial Services Group. It is a joint venture between Aditya Birla Group of India and MMI Holdings of South Africa. ABHICL offers a variety of individual and group health insurance plans with customized benefits and focuses exclusively on the health insurance segment.
An introduction to PruProtect looking at their product evolution, growth and their financial strength and stability along with Discovery's 2011 claims experience.
The Global Affinity Finance Club is Finaccord’s quarterly newsletter about affinity financial services worldwide. Through this, Finaccord publishes top line information about key strategic developments in affinity and partnership marketing of financial services around the world, segmented between affinity insurance news, bancassurance news and affinity banking news. This service differs from that provided by other research companies because its focus is genuinely global, often translating news that only appears in languages other than English.
In addition, it concentrates exclusively on affinity and partnership marketing strategy. Affinity and partnership marketing strategy is an important component of general distribution strategy for a majority of large banks and insurance companies serving consumers and small businesses as successful partnerships potentially allow them to access groups of customers that they cannot always reach by themselves.
If you would like to join Finaccord’s Global Affinity Finance Club, contact us by telephone or send us an email to info@finaccord.com. Thereafter, each quarter, we will send you a link to the page of our website with fresh news and future editions of this document.
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and believe that readers will benefit from this periodic publication immensely.
Reliance Insurance Limited is a leading private sector non-life insurance company in Bangladesh that was incorporated in 1988. It offers various insurance products including fire, marine, engineering, personal accident, motor, liability, and other miscellaneous insurances. Reliance Insurance aims to become the premier insurance organization in Bangladesh with a reputation for dependability, professionalism, and high customer service standards. It has over 30 branches across the country and a paid-up capital of 597.42 million taka.
Innovation Insurance Group had a successful 2014, with revenue increasing 61% over 2013. The expert witness services practice group saw the most growth, achieving 20 engagements over the year. IIG also created the Bitcoin Insurance Agency to provide brokerage services for the emerging bitcoin industry, and launched the first bitcoin theft insurance policy. Looking ahead, IIG expects continued growth in 2015 as the economy and insurance industry improve.
AVCA 9th Annual Conference | GTAssur Presentation by Tosin Runsewe - CEO, GTA...AVCA-Africa
The document summarizes the history and growth of Guaranty Trust Assurance plc, a leading insurance company in Nigeria. It traces the company's evolution from its founding in 1989 under a different name to its recent growth and success. Key points include its acquisition by GTBank in 2002, name change to Guaranty Trust Assurance in 2004, and transition to a public company in 2005. The company has experienced strong growth rates, expanding into new markets and product lines. It is now the third largest insurer in Nigeria and has received several awards and high credit ratings for its performance and achievements.
This document brings together a set of latest data points and publicly available information relevant for Insurance. We are very excited to share this content and believe that readers will benefit immensely from this periodic publication immensely.
Concept of 4 cs in life insurance sellingsanjay sawant
The document discusses the concept of the 4 Cs - creation, consumption, conservation, and contingencies of income. It provides examples of how people can create income through work or business and then consume it to cover basic needs like food, shelter, and education. The third C is conservation, which involves accumulating wealth and estate creation. The fourth C is contingencies, which refers to replacing income during retirement, death, or disability through purchasing life insurance. It provides illustrations of calculating appropriate life insurance coverage amounts needed to replace income in these situations.
The document provides information on Insurans Islam TAIB, a wholly owned subsidiary of Perbadanan Tabung Amanah Islam Brunei (TAIB) established in 1993. It details the parent company TAIB's establishment and role providing Islamic banking services. The document then outlines Insurans Islam TAIB's vision, mission, and goals to provide competitive Takaful products compliant with Sharia principles. Finally, it summarizes several of Insurans Islam TAIB's Takaful plans, including family, mortgage, and general plans covering topics like fire, motor, and travel.
Article published in FULLCOVER 9 that presents Fosun group, shareholder of Fidelidade, highlighting the group's strategy for the insurance industry and for the main player in the Portuguese market
This document provides information about S 9 Insurance Services and their agent K. Ashwin Kumar. It outlines the company's mission to be the preferred choice for general insurance and their values of leveraging technology, excellence in service, and high ethical standards. It then provides details about National Insurance Company Ltd., including their network, policies offered, and growth in premium income. The rest of the document categorizes and lists various personal, rural, industrial, and commercial insurance policies offered.
The Dubai Health Authority has issued a law requiring all residents and their dependents in Dubai to have mandatory private health insurance. The law will be implemented in phases, starting with companies employing over 1000 people in 2015. By the deadline for each phase, all individuals in that phase must have insurance. Employers are responsible for arranging insurance plans that meet the Essential Benefits Plan requirements and for paying premiums. Insurers must offer plans within the annual premium range set by DHA of AED 520 to AED 730 per person. The minimum required plan benefits include an annual limit of AED 150,000 per person and coverage for inpatient, outpatient, maternity services and medications.
Dr.U.Priya, Head & Assistant Professor of Commerce, Bon Secours for Women, Th...PriyaU5
The document discusses the Insurance Regulatory and Development Authority (IRDA) of India. It was established in 2000 to regulate and promote the insurance industry in India. Some key points:
1) IRDA was set up based on recommendations from the Malhotra Committee to allow private companies and foreign investment in the insurance sector.
2) IRDA's objectives include protecting policyholders, developing the insurance industry, ensuring fair market conduct, and promoting transparency.
3) IRDA regulates all insurance companies in India and oversees their registration, capital requirements, investment policies, and other activities. It aims to develop the insurance sector and new products.
n Bharti AXA General Insurance offers the SmartHealth Critical Illness Policy, which provides comprehensive coverage for 20 critical illnesses.
n The policy covers all expenses related to covered critical illnesses, including hospitalization costs, pre- and post-hospitalization expenses, and offers additional benefits like dread disease recuperation allowance and ambulance charges.
n Customers have the option to receive reimbursement of covered expenses or a lump sum payment equivalent to the sum insured upon diagnosis of a critical illness and surviving for over 30 days.
The document summarizes key concepts about the endocrine system and hormonal regulation in animals. It describes how the hypothalamus and pituitary gland control many endocrine functions by regulating hormone release from other glands, including the thyroid, parathyroid, adrenals and gonads. Negative feedback loops maintain homeostasis of processes like calcium and glucose levels. The nervous and endocrine systems often work together to coordinate responses and regulate physiological processes throughout the body.
Freemasonry is a fraternal organization for men that focuses on moral and philosophical teachings. To join, a man must be at least 18, believe in a supreme being, ask to join of his own free will, and have the time and means to participate in lodge activities. Freemasonry uses symbols and rituals related to building to convey moral lessons of brotherly love, relief, and truth. While not a religion, it is religious in nature and requires a belief in God, promoting tolerance of all faiths.
AVGH Insurance Brokerage is seeking a $50,000 loan to launch an independent insurance brokerage firm in Toronto. The firm will offer life and disability insurance products underwritten by Manulife Financial. The funds will be used for startup costs such as office space deposits, working capital, equipment, and marketing. The management team has extensive experience in insurance and financial planning. The business plan forecasts strong growth over three years with increasing numbers of life and disability insurance policies sold each year. The owners' goal is to provide excellent customer service and financial protection through careful risk assessment and solutions.
IT Shades published its July 2021 edition of I-Bytes, a periodic publication covering insurance industry updates. The document includes sections on financial and M&A updates, solution updates, rewards and recognition updates, partnership ecosystem updates, environmental and social updates, and miscellaneous updates. IT Shades aims to engage and enable businesses, professionals, and students within the IT industry by sharing latest data and information relevant to the insurance sector. Readers are encouraged to provide feedback to help improve future editions.
ITShades.com has been founded with
singular aim of engaging and
enabling the best and brightest of
businesses, professionals and
students with opportunities,
learnings, best practices,
collaboration and innovation from IT
industry.
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
With roots stretching back almost 200 years, Aegon is one of the world's leading providers of life insurance, pensions and asset management. Find out more about our history, markets, performance, and our commitment to sustainability and responsible investment.
This document brings together a set
of latest data points and publicly
available information relevant for
Insurance Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document brings together a set
of latest data points and publicly
available information relevant for
Business services. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
The document reports on the annual general meeting of the International Credit Insurance & Surety Association (ICISA). It summarizes that trade credit insurance exposure and premiums increased in 2017 while claims decreased, and surety premiums and exposure also grew despite soft market conditions. Patrice Luscan was elected the new ICISA President. The meeting discussed topics like FinTech developments and their potential effects on the industry.
Venture capital fund terms and conditions. Termsheets sample . A fund for SME...Manuel Lacarte
FUND "AAA" INVESTMENTS is a private equity fund established to achieve capital appreciation through investments in European small and medium-sized companies. The fund will be managed by MANAGERS FINCORP and aims to generate higher returns than other assets by investing in companies with growth opportunities. The fund seeks €XX million in commitments from investors and will invest in diversified sectors like healthcare, leisure, and energy. Management fees of 2.5% of committed capital will be charged annually.
A CII-EY Report on the Insurance Industry titled ‘Building Growth, Building Value’ recommends chasing efficiency in distribution by finding greater synergy among the different channels. This will help in well-rounded industry growth and enable maximum value creation for all the stakeholders. The report also states that insurers must be careful in identifying the right ways to employ additional capital inflows that they may receive over the next few years with capital infusion from the foreign partners.
1. AOC Insurance Broker specializes in comparing international health insurance plans for individuals and companies.
2. They have developed a mobile app called AOC Expatcare that allows users to compare plans and access rewards programs.
3. The app uses algorithms to analyze users' needs and recommend plans, helping to address the complexities of the international health insurance market.
1. The document discusses the insurance industry in India, providing an overview and details on marketing strategies.
2. It outlines the 7 P's of insurance marketing: product, price, place, promotion, people, process, and physical distribution. Examples are given for how two insurance companies, Bharti AXA and Bajaj Allianz, implement their marketing strategies based on the 7 P's.
3. A comparison of Bharti AXA and Bajaj Allianz is provided based on how each company approaches the 7 P's of insurance marketing.
CACI is a major player in creditor protection insurance in France and Europe, operating in 6 countries with 29 partners. It offers a range of insurance products including creditor protection, income protection, guaranteed automobile protection, and card and property coverage. CACI is a subsidiary of Credit Agricole Assurances, the largest bank insurer in Europe, and focuses on protecting customers and partners from financial risks. It has over 300 employees and had €971 million in revenue in 2014.
The document is a project report on the product/services and marketing strategies of Kotak Mahindra Life Insurance. It includes an introduction to the insurance industry in India, the importance and functions of life insurance. It also describes the research methodology used in the project which involved collecting primary data through surveys to analyze customer buying behavior and evaluate strategies for recruiting life insurance advisors.
This presentation provides an overview of Bajaj Allianz Life Insurance Company Ltd. It discusses the establishment of the joint venture between Bajaj Auto and Allianz AG. It then summarizes the strengths and weaknesses of Bajaj Allianz, as well as the opportunities and threats facing the company. Finally, it outlines the job responsibilities and training received by the presenter during their time working for Bajaj Allianz.
This document brings together a set
of latest data points and publicly
available information relevant for
Technology Industry. We are very
excited to share this content and
believe that readers will benefit from
this periodic publication immensely.
This document summarizes Covomo Versicherungsvergleich GmbH, a German insurtech company. It discusses Covomo's vision to empower people to easily protect items they care about through on-demand insurance. Covomo operates an insurance distribution platform with over 1,500 product policies and is launching Germany's first on-demand insurance product called "covr.it". The document argues that Covomo's combination of a powerful distribution platform and digital insurance product positions it to become the leading player in Germany's growing €11 billion product insurance market.
Lens on 1st Half 2020 Post-Covid19 Investment With New Insight up to Sep 2020Alchemy Crew
This presentation shares insight on the investment patterns within the InsurTech practice area between January 2020 and September 2020.
I delivered these sides virtually for Exec InsurTech team in Cologne and Digital Africa Conference on InsurTech.
The presentation also highlights startups that have received the most investment during the period and the type of business model or solutions they are putting to market. Investors are certainly funding more mature businesses today.
We believe seed investment will start again once potential consolidation has occurred within the marketplace.
1) PolicyStreet's Digital HR Portal allows small and medium enterprises to manage employee benefits such as group medical insurance from multiple insurers through a single online portal, simplifying an otherwise tedious manual process.
2) The Digital HR Portal digitizes insurance processes for SMEs and is part of PolicyStreet's offering of customized group medical insurance plans as an employee benefit.
3) By streamlining benefits administration, the Digital HR Portal is intended to increase insurance uptake among SMEs and reduce gaps in employee protection.
This document discusses several questions regarding the tax implications of a C corporation converting to an S corporation status. Specifically:
1. The C corporation meets the eligibility requirements to elect S corporation status as it has both preferred and common stock with voting and nonvoting rights and fewer than 100 shareholders, one of which is a Swedish individual and another is a partnership.
2. All shareholders must consent to the S corporation election.
3. The election would not be valid if the C corporation did not meet all S corporation requirements in the election year.
4. The S corporation cannot keep its June 30 fiscal year without documenting a valid business purpose for the non-standard year end.
5. Upon converting to
1. Bharti ties up with AXA for life insurance venture Our Bureau Mr Sunil B. Mittal, Chairman and Managing Director, Bharti Enterprises, and Mr Les Owen, Group Chief Executive, AXA Asia Pacific Holdings Ltd, after the signing of the joint venture agreement to establish Bharti AXA Life Insurance Company Ltd in the Capital on Wednesday. Kamal Narang New Delhi , Aug. 24 THE domestic life insurance sector will have a new player with the Bharti group entering into a joint venture with one of the world's largest insurers — AXA. The company will commence business during the first half of 2006 after obtaining the regulatory approvals. The joint venture is expected to have a capital base of about Rs 500 crore within the next 3-4 years. Under the present laws, an insurance company has to have a minimum capital of Rs 100 crore. While Bharti will hold 74 per cent stake in the venture, AXA Asia Pacific Holdings Ltd will hold the remaining 26 per cent. Mr Les Owen, Group Chief Executive, AXA Asia Pacific, said:
India is a huge market with more than 1.1 billion people. This coupled with a large middle class and increasing income levels will drive growth in the insurance market.
Mr Owen said the life insurance venture is expected to become one of the top five players in the Indian market and would have a multi-channel distribution approach. The company would also seek to leverage the telecom customer base of Bharti. The two parties are also likely to explore the possibility of entering other segments of the financial markets, including pension and mutual funds, the Bharti Chairman, Mr Sunil Mittal, said at a press conference here today. AXA Asia Pacific, a unit of AXA SA, France, is listed on the Australian and New Zealand stock exchanges. The Asia-Pacific arm has operations in Australia, New Zealand, Hong Kong, China, Indonesia, the Philippines, Thailand and Singapore. AXA Vision
We have chosen a demanding business. If we do it right, then we enable our clients to be life confident because they feel reassured, protected and supported as they undertake important projects at various stages in their lives. Our vision of the business is what guides our daily work. It reflects the social and human aspects of Financial Protection, whose value to people has never been greater.
Henri de Castries - Chairman of the AXA Management Board Our business: Financial Protection Financial Protection involves offering our customers - individuals as well as small, mid-size and large businesses - a wide range of products and services that meet their insurance, protection, savings, retirement and financial planning needs throughout their lives. Aware and proud of our industry's contribution to the economic and social development of the community, we seek to do business responsibly by living up to consistent values and stakeholder commitments throughout the world. Our ambition We are working toward the shared ambition of attaining leadership in our core Financial Protection business, through the quality of our products and services as well as through superior performance. Our values Team spirit, Integrity, Innovation, Pragmatism, Professionalism. Our values are the foundation of our ambition. They serve as a guide, inspiring the actions and decisions of AXA employees. These values reflect our way of doing and thinking, for the benefit of our clients, shareholders, employees, business partners and the community. Our commitments Learn more about... AXA's commitments AXA aspired to do business responsibly, and to build trust-based relationships with its stakeholders: Our Clients: Consistently deliver efficient local service and adapted solutions, while adhering to the highest standards of professional conduct. Our Shareholders: Create lasting value by achieving operating performance that ranks among the best in the industry, and provide transparency financial information. Our Employees: Ensure professional fulfillment by offering a supportive and respectful workplace where people are empowered and the continuous development of competencies is encouraged. Our Suppliers: Maintain excellent supplier relationships by adhering to a set of clearly defined procurement guidelines and promoting ongoing dialogue. The Community: Act as a responsible corporate citizen by sharing our professional expertise with the community and sponsoring philanthropic initiatives. The Environment: Contribute to environmental preservation efforts by making available our environmental risk management capability and promoting environmentally sound practices in the workplace. Our strategy AXA's strategy is to combine organic and external growth to meet the challenge of operational excellence in all of the following areas: Product innovation Core business expertise (underwriting, claims management, pricing, investment performance) Distribution Quality of service Productivity All AXA employees are champions of operational excellence. They are supported in this aim by the AXA Way continuous process improvement program. Leveraging the resources of the AXA Group, and in accordance with AXA's values and commitments, 214 044 people are working daily to execute this strategy. Group profile In the financial markets, AXA is positioned as a global leader in Financial Protection. Key figures: 80 million clients worldwide 214 044 employees (including exclusive sales associates) worldwide (at December 31, 2008) 400,000 shareholders 91.2 billion euros in revenues (at December 31,2008)* 3.6 billion euros in adjusted earnings (at December 31,2008) Legal structure Capital Ownership As of December 17, 2009, AXA's fully paid up issued and outstanding share capital totaled €5,243,861,379.71 divided into 2,289,895,799 shares, each with a par value of €2.29 and eligible for dividends as of January 1, 2009. To the best of the Company's knowledge, the table below summarizes the ownership of its issued outstanding ordinary shares and voting rights as of December 31, 2008: Capital Ownership Number of sharesCapital ownershipVoting rights(a)Mutuelles AXA(b)298,481,98514.29%23.10%Treasury shares held directly by the company4,719,507(f)0.23%(0.18%)(c)Treasury shares held by Company subsidiaries (directly and indirectly)(d)17,584,5860.84%(0.68%) (c)Employees and agents122,348,3955.86%6.77%BNP-Paribas SA120,943,566 5.79% 9.36% General public1,525,080,13072.99%59.91%Total2,089,158,169 (e)100,00%100,00% (a) In this table voting rights' percentages are calculated on the basis of all shares with voting rights attached, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law).(b) AXA Assurances IARD Mutuelle and AXA Assurances Vie Mutuelle.(c) These shares will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaffiliated third party).(d) Treasury shares as indicated in Note 13 to
Consolidated Financial Statements
included in Part V of this Annual Report.(e) Source: Euronext Notice of December 29, 2008.(f) Excluding the 6,899,477 shares which are the object of a futures contract expiring on April 20, 2009. To the best of the Company's knowledge, no shareholder held more than 5% of the Company's outstanding ordinary shares or of the voting rights as of December 31, 2008 except as indicated in the table above. Certain of the Company's shares are entitled to double voting rights as described in Part VI
Certain additional information
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Voting rights
Section of the 2009 Annual Report. Of the Company's 2,089,158,169 outstanding ordinary shares as of December 31, 2008, 495,306,020 shares entitled their holders to double voting rights as of that date. Significant changes in capital ownership Significant changes in ownership of the Company's share capital between December 31, 2006 and December 31, 2008 are set forth in the tables below : As of December 31, 2008 (a) As of December 31, 2007 (a) As of December 31, 2006 (a) As of December 31, 2008 (a) As of December 31, 2008 (a) Number of sharesCapital ownershipNumber of votesVoting rights (%)Mutuelles AXA(b)298,481,98514.29%596,963,97023.10%Treasury shares held directly by the company4,719,5070.23%(4,719,507)(c)(0.18%)(c)Treasury shares held by Company subsidiaries (directly or indirectly)(d)17,584,5860.84%(17,584,586)(c)(0.68%)(c)Employees and agents122,348,3955.86%175,001,1416.77%General Public(e)1,646,023,69678.78%1,790,194,98569.27%Total2,089,158,169(f)100.0%2,584,464,189100% (a) In this table voting rights' percentages are calculated on the basis of all shares with voting rights attached, notwithstanding the fact that certain of these shares may be deprived of voting rights by law or otherwise (for example, treasury shares are deprived of voting rights under French law).(b) AXA Assurances IARD Mutuelle and AXA Assurances Vie Mutuelle.(c) These share will be entitled to vote when they cease to be treasury shares (e.g. upon their sale or other transfer to an unaffiliated third party).(d) Treasury shares as indicated in Note 13 to
Consolidated Financial Statements
included in Part V of this Annual Report.(e) Including BNP Paribas SA.(f) Source: Euronext Notice of December 29, 2008. As of December 31, 2008, to the best of the Company's knowledge based on the information available to it, the Company had approximately:10,463 total registered holders of its ordinary shares (i.e. shareholders holding in nominative form); and90,498,617 ADSs outstanding, representing approximately 4.3% of the Company's total outstanding ordinary shares. As of December 31, 2008, to the best of the Company's knowledge based on the information available to it, (i) substantially all of the ADS were held by U.S. residents and (ii) approximately 19.55% of the Company's total outstanding ordinary shares were held by U.S. residents (including the ordinary shares held through the ADR program). Type: Public Employees: 84,000Employee growth: 24.8% Italy's largest insurance company (and one of the largest in Europe), Assicurazioni Generali writes insurance for risks as varied as space launches and corporate package policies. Some 450 companies in about 65 countries make up the Generali group. Its core members are involved primarily in insurance (including life, accident, health, motor, fire, marine/aviation, and reinsurance); the rest concentrate on other financial services and real estate. Generali is noted for being a leading insurer of satellite and space missions, which it has been covering since 1964. In more earthbound realms, the company targets individuals and small to midsized businesses, and has been in business since 1831. Key numbers for fiscal year ending December, 2008: Sales: $99,286.0MOne year growth: (19.0%)Net income: $1,499.7MIncome growth: (69.8%) Officers:Chairman: Antoine BernheimManaging Director and Board Member: Giovanni PerissinottoManaging Director and Board Member: Sergio Balbinot Type: PublicOn the web: http://www.allianz.comEmployees: 182,865Employee growth: 0.9% One of the world's biggest insurers, Allianz SE offers a range of insurance products and services -- including life, health, and property/casualty coverage for individuals and businesses -- through some 100 subsidiaries and affiliates operating all over the globe. In addition to selling insurance, Allianz provides retail and institutional asset management services through Allianz Global Investors and private equity investment through Allianz Capital Partners. Other brands include Euler Hermes, Fireman's Fund, and Mondial, all property insurance subsidiaries. Allianz has transformed itself into a Societas Europaea, a joint stock company that operates under European Union rules. Key numbers for fiscal year ending December, 2008: Sales: $128,859.3MOne year growth: (14.8%)Net income: ($3,444.8)M Officers:Chairman: Henning Schulte-NoelleChairman of the Board of Management: Michael DiekmannMember of the Board of Management and COO: Christof Mascher Type: PublicOn the web: http://www.axa.comEmployees: 109,304Employee growth: (37.5%) The insurance world revolves around this AXA. The company, which started as a sleepy collection of mutual insurance companies, is today one of the world's largest insurers and a financial management powerhouse. In the US, AXA owns AXA Financial, which controls life insurance firm AXA Equitable and investment manager AllianceBernstein. The company also has major subsidiaries in the UK (AXA UK), Germany (AXA Konzern), Japan (AXA Life), Australia (AXA Asia Pacific), and Belgium (AXA Belgium). The companies offer life insurance, personal and commercial property and casualty insurance, financial services, and asset management services. It has about E980 billion (or nearly $1.4 trillion) in assets under management. Key numbers for fiscal year ending December, 2008: Sales: $77,738.2MOne year growth: (43.6%)Net income: $1,742.1MIncome growth: (81.5%) Officers:Honorary Chairman Supervisory Board: Claude BébéarChairman Supervisory Board: Jacques de ChateauvieuxChairman and CEO Management Board; Head of Human Resources, Communication and Corporate Responsibility: Henri de Castriesssss Bharti Enterprises announces new Apex level Strategic Organization structure 16.03.07 08:11 Age: 3 yrs Category: Recent Highlights, FY2006-2007 Unveils top level structure and governance model designed to build a diversified conglomerate of the future Bharti Enterprise to invest in, build and grow businesses that make a positive difference to the lives of people and partner India’s economic growth. Reinforces Bharti Enterprises strategic intent to continue to lead in the market, build new businesses and reinforce its best in class governance model. The new apex level structure takes this vision & strategy forward. Bharti Enterprises will be the strategic architect for all businesses of Bharti – Telecom, Retail & Wholesale, Communication & media devices, Insurance & Financial services, Agri business, Realty, software / BPO & Bharti Foundation. Strengthens empowerment & accountability for business leaders and further enhances professionalism. Bharti Enterprises will set overall direction, focus on macro strategies & business reviews and ensure a continued senior leadership pipeline. Sunil Bharti Mittal to lead Bharti Enterprises as the Chairman and Group CEO. Rakesh B Mittal will be Vice Chairman, Rajan B Mittal & Akhil Gupta will be Managing Directors. Group Lead Directors, Group/Corporate Directors to form core of the Bharti Enterprises team. New Delhi, March 16, 2007: Bharti Enterprises, India’s leading business conglomerate, today announced a strategic initiative aimed at creating a diversified conglomerate of the future. Bharti Enterprises unveiled its new apex level organisation structure reinforcing its best in class governance model. The new organisation structure reflects Bharti's strategic intent to lead, build & grow in businesses that make a positive difference to the lives of people - telecom, retail & wholesale, communication & media devices, insurance & financial services, Agri business, BPO/software & the Bharti Foundation. The new structure strengthens empowerment & accountability for business leaders of individual companies thereby enhancing the existing high degree of professionalism in the group. Bharti Enterprises will be the strategic architect of all businesses of the group and will provide overall direction and macro strategies. Responsibility for business strategy, operations & its results will reside with the business heads of the companies with Bharti Enterprises having a supervisory role. The new structure will be effective April 1, 2007. Bharti Enterprises will also be responsible for evaluating new business opportunities, Mergers & Acquisitions and Strategic alliances for the group. In addition, it will ensure a high quality pipeline of top leadership talent and be the custodian of Bharti’s brand values and business interests. Announcing the new organisation structure, Mr. Sunil Bharti Mittal said, “At Bharti, our vision has always driven us to invest, build and grow businesses that make a positive difference to the lives of people and partner India’s economic development process. The new organization structure & governance model takes this forward and blends Bharti’s entrepreneurial ethos with an enhanced professional culture. It further empowers our business leaders, strengthens accountability and is designed for Bharti Enterprises to focus on overall strategic direction, leadership development & leveraging synergies taking another significant step towards a conglomerate of the future.” Bharti Enterprises has recently diversified into new business areas. After successfully establishing India’s leading telecom services provider - Bharti Airtel and Bharti Teletech - the leader in telecom terminals, Bharti Enterprises is getting ready to take significant strides in new areas such as retail & wholesale, communication & media devices, insurance & financial services, Agri business & the Bharti Foundation. Mr. Sunil Bharti Mittal, in his role as the Chairman and Group CEO of Bharti Enterprises, will lead a highly energized and empowered team of entrepreneurs and professionals to ensure all businesses under the Bharti umbrella are on a continuous growth path delivering highest customer & shareholder value. In this endeavour he will be assisted by four Group Lead Directors – Mr.Rakesh Bharti Mittal, Vice Chairman - Bharti Enterprises, Mr.Akhil Gupta, Managing Director - Bharti Enterprises, Mr.Rajan Bharti Mittal, Managing Director - Bharti Enterprises and Mr.Badri Agarwal, Director - Bharti Enterprises. In addition there will be nine Group / Corporate Directors. The Group Lead Directors have been assigned specific areas and will review the performance of the respective businesses, maintain relationships with joint venture partners and provide all necessary assistance from the group level, including funding, external relations etc. The Group / Corporate Directors will take ownership of key functions across the businesses of Bharti. These Group / Corporate Directors will provide functional vision, strategic direction and support to group companies, leveraging synergies and best practices. They will develop a medium to long term strategy for their respective functions and will be a group resource for all functional teams. The Group / Corporate Directors are: Mr. Ashok Juneja, Corporate Director – Technology Mr. Daljit Singh, Group Director – Human Resources Mr. Hemant Sachdev, Group Director – Brand & Corporate Communication Mr. Prakash Nene, Corporate Director – Finance (Emerging Businesses) Mr. SL Narayanan, Corporate Director – Finance (Telecom & Retail) Ms. Vijaya Sampath – Group General Counsel & Company Secretary Mr. Viresh Dayal, Corporate Director – Projects Group Director – Strategy & Business Development (TBA) Group Director – Internal Assurance (TBA) Bharti has also institutionalized three group level governing bodies to reinforce its best-in-class governance model. These are the Bharti Management Board, the Group Finance & Audit Council & the Bharti Management Council. In line with his previously stated long term objective, Mr. Sunil Bharti Mittal will pass on his operational responsibility in Bharti Airtel operations from 1st April, 2007. He will continue to be the Chairman & Managing Director of Bharti Airtel Ltd. Rajan Bharti Mittal, who moves on as the Managing Director Bharti Enterprises and Group Lead Director Retail, Wholesale and New Projects, will relinquish his position as Joint Managing Director of Bharti Airtel from 1st April, 2007. Akhil Gupta who will now be Managing Director, Bharti Enterprises, Group Lead Director of Telecom and Chairman of the Group Finance & Audit Council will be passing on the position of Group CFO from 1st April, 2007. LIFE PLANS: To ensure that your family will be taken care of in case of any eventuality. To find peace of mind was never so easy. [Whole Life Plus]-[Life Partner Plus]-[Life Gain Plus]GROWTH PLANS: Plans designed to offer insurance cover along with superior returns in the long term. 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