Posted: 24 Dec 2007 02:41 Post Subject:
What do you mean by "combined insurance in one policy" exactly?
Posted: 24 Dec 2007 11:24 Post Subject:
Hi you need to understand that designing insurance policies is not just everybody's cup of tea. You need to study the market properly, know the capital strength of your company & your network for the time. Then only may you step to formulate insurance packs...
Posted: 24 Dec 2007 11:48 Post Subject: multiple sectors
Well don't forget the state guidelines that would operate on the different insurance segments & thereby control the volume of operations for each branch of insurance, thus focusing on some branches (while restricting other branches due to legal complications). It also has a close connection with the history of the insurance operations at that state.
Last of all, it is a huge industry....so its difficult for a single person/division to know all the pros n cons of more than one branch of insurance (to be confident enough to operate on the multiple sectors)