Improving Perceptions of the Insurance Industry: The Influence of Insurance Professionals

Karl, J. Bradley; Wells, Brenda

doi:10.1111/rmir.12058

Cited by 4 publications

(1 citation statement)

References 11 publications

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“…This paper throws light about how training is done for the farmers by IDDIR group of employees that created more demand for purchasing the insurance policy during adverse weather conditions. Training programs offered on Risk management and Insurance (Karl & Wells, 2016). Anitha and Kumar (2016) discussed about the training impact on the employee's skill level, attitude, and knowledge level in private insurance sector of Coimbatore district.…”

Section: Introductionmentioning

confidence: 99%

Effectiveness of Employee Upskilling Program: A Study on Private Insurance Industry in Chennai

Chitra¹,

Vanitha²

2022

SDMIMD

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Insured Financial Position and Investment benefits are key factors that drive the Insurance industry to the competitive edge. To draft out the investment benefits to consumer, effective investment procedures, policies should be derived and delivered to the consumer in a lucid way. Consumer usage level of the financial product can be well identified by the level of awareness of the products in the market that best suits the customer with proper deliverables. As environment and technology changes the way of work, industries should also concentrate on providing key skills needed for employees to manage risks. Employees should be upskilled in different roles and levels to achieve greater standards in promoting best insurance products to customers. This paper discusses the skill development level of employees working in insurance industries, before and after upskilling process. Skilled employees would make the product and process development easier according to the customer needs thereby delivering long term value added packages to the customer. The study is limited to Chennai region using convenience sampling method. Findings of this study illustrates that there is a positive correlation between the observed variables of digital impact on job with employee skills level utilization. Findings also portray a positive correlation between the job enrichment and Job efficiency levels due to digital impact on core work areas and after upskilling.

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Section: Introductionmentioning

confidence: 99%

Effectiveness of Employee Upskilling Program: A Study on Private Insurance Industry in Chennai

Chitra¹,

Vanitha²

2022

SDMIMD

View full text Add to dashboard Cite

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Navigating Challenges and Opportunities: A Comparative Study of Insurance Practitioners in China and Beyond

Lin

2024

SHS Web Conf.

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Since China’s reform and opening up in 1978, the Chinese economy has grown rapidly and has now become the world’s second-largest economy. With the transition from a planned economy to a market economy, Chinese households are facing greater market risks. This development has led to a continuous increase in the demand for financial security among Chinese residents, as well as the rapid growth of the insurance industry. However, although China has become the second largest insurance market since 2017, it still faces major challenges, including the lack of public trust and preparation in managing crises such as COVID-19. This study aims to identify the key factors affecting the development of insurance professionals in China by comparing the differences between insurance industries in different countries. From an international perspective, emphasize the existing gap in labor force in China’s insurance industry, and propose the best practices and innovative paths suitable for China’s national conditions. I hope these findings provide valuable insights for strengthening China’s insurance industry and enhancing its international competitiveness.

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Women and Diversity: Why the Conversation Must Continue in Financial Services

2018

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Improving Perceptions of the Insurance Industry: The Influence of Insurance Professionals

Cited by 4 publications

References 11 publications

Effectiveness of Employee Upskilling Program: A Study on Private Insurance Industry in Chennai

Effectiveness of Employee Upskilling Program: A Study on Private Insurance Industry in Chennai

Navigating Challenges and Opportunities: A Comparative Study of Insurance Practitioners in China and Beyond

Women and Diversity: Why the Conversation Must Continue in Financial Services

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