Posted in Community :
Banking & Insurance Professionals |
Business & Strategy |
Secure the future - Insurance |
1 more ...
Different Insurance distribution channels
Tags :
Insurance, Life insurance, savings, investment, security, distribtuion channels, Sales,
Industry :
Insurance
Functional Area : Consumer Sales |
|
|
Follow this Topic |
more actions >>
|
About "Different Insurance distribution channels" topic:
The insurance marketplace is undergoing a transformation which may eventually lead to significant changes like how consumers will purchase insurance products. A variety of distribution channels are currently used in this market place, and some insurers utilize a combination of distribution channels, and these include the internet-led channels, company-led channels, bank-led channels, and agent-led channels. So share your thoughts on different distribution channels in insurance.
2 debates
, 1 question
on topic: "Different Insurance distribution channels"
Prev1NextShowing 1 - 3 of 3
|
(rate this)
|
 |
Jithesh Ramesh
| Answered
| 3 years ago
|
|
According to me Bancassurance in India is a very new concept, but in our country the banking insurance sectors are regulated by two different entries. They are like Banking is fully governed by RBI Insurance sector by the IRDA. And bankassurance...
|
|
Answer: "The contribution of Bancassurance as a Channel increases - experienced in Developed countries , is it relevant in Indian..." deleted from your view.
|
(rate this)
|
|
Traditional Agency model
|
2
|
VS |
2
|
Alternate channels
|
 |
Sallu Shaikh
| Argues in support of
"Traditional Agency model"
| 2 years ago
|
|
i don't think alternate channels are that much good...even if we use them, still there will be a need for individuals for running the alternate channels..Wherein traditional channels there are face-to-face approach to the clients...
|
|
 |
Zahoor Ahmad Baba
| Argues in support of
"Alternate channels"
| 2 years ago
|
|
Traditional agency model has been the main area of business for the insurance companies so far, but in the current situation it is the alternate that is reaching to ever corner without making companies to make invest regarding infrastructure....
|
|
Debate: "What is the better distribution channel for Indian life insurance industry in the long run???" deleted from your view.
|
(rate this)
|
|
Yes
|
3
|
VS |
3
|
No
|
 |
Nikhil
| Argues in support of
"Yes"
| 2 years ago
|
|
Andhra bank is in JV with bank of Baroda to sell Life Insuarance under banner India First so obviosuly it will not sell insurance policies of LIC
|
|
 |
dilip gour
| Argues in support of
"No"
| 2 years ago
|
|
i think no.... LIC will take preventive measures to achieve their yearly targets....irrespective of such issues...
|
|
Debate: "Andhra Bank will stop selling LIC policies from next year. Do you think it will affect LIC business significantly?" deleted from your view.
Prev1NextShowing 1 - 3 of 3
Other knowledge matching "Different Insurance distribution channels" topic
|
Activity:
58 referals
,
24 comments,
319 views
|
|
In many ways, a manager has to be a leader, so therefore a manager will have many of the traits that a leader does. However, I feel the term 'manager' applies primarily to business, it's in a manager's best interest to lead his co-workers effectively, encouraging them to achieve their goals and targets. In my experience, a leader is more of a social thing; more associated with team work, too. Go to Discussion http://lnkd.in/wUJe5E
|
|
Activity:
205 referals
,
2 votes,
50 views
|
|
|
|
Activity:
109 referals
,
1 comments,
73 views
|
|
We know that Ecommerce is the most happening trend of the day. After the emergence of ecommrce, companies who made an X turnover are enjoying 5X turnover these days. An online store for your business can change the way customers looked at your product/service. Open your web store with Nichesuite starter pack(NSP) for just rs 60,000! you get Webstore Catalogue management Inventory Order fulfilment Payment gateway integration Shipping integration Plus free maintenance for a year! Get in touch for several more options that suit your business needs, TODAY! Contact: Nichepro Technologies Pvt Ltd 4th Floor, A, Block,Brigade Software Park, Banashankari 2nd stage, Bangalore-560070. India. Tel:080 66730680, 080 66730694 http://www.nichesuite.com/requestfordemo.html
|
|
Activity:
9 referals
,
1 comments,
21 views
|
|
1. Laughing hysterically 2. Dancing your heart out 3. Star gazing 4. Shopping 5. Going to the beach 6. Listening to the rain 7. Ice-cream on a hot day 8. Feeling wanted 9. Getting that warm, fuzzy feeling when you think about the one you love 10. ReceIving text messages 11. Personal jokes 12. ComplIments 13. Late night phone calls 14. Christmas 15. Hugs 16. Kisses 17. Knowing someone misses you 18. Knowing someone is thinking of you 19. Good dreams 20. Skipping school for a day 21. Lying on the grass starring into the sky 22. Going up to the snow 23. Jumping into a warm bed on a cold night 24. Seeing your guys/girls name on your mobile when it rings 25. Your first kiss 26. Talking for hours about absolutely nothing 27. Looking back on the laughs 28. Receiving presents 29. Giving presents 30. Birthdays 31. Air conditioning when it's hot 32. Being full of energy 33. Seeing your boyfriend/girlfriend 34. Watching someone do something stupid, and them thinking no one saw 35. Nice...
|
|
Activity:
11 referals
,
5 comments,
625 views
|
|
The word 'Push' has traditionally characterized FMCG sales systems in India. This is changing for the better in many ways. Sales in many companies like HLL, Marico and Colgate is secondary driven. Let me explain this to a reader who is new to sales jargons. Secondary driven basically means that retail orders to the distributor (secondary sale), which are a function of sales from the retail shelf(offtakes), determine the volume of primaries (billing from the company to the distributors - primary sale). In traditional sales systems the disproportionately high targets were driven by billing high volume of stocks to the distributors (primaries) without there being an adequate movement of stock from the distributor point to the trade (secondaries). This system worked as long as the brands has a demand (pull) that was proportionate to this loading. However in case of inadequate offtakes, this extra stock used to lie at the distributor point or die in the shelves of the retailer. In case...
|
Leading recruitment Firm
ASP.Net, Architecture, CMS, Senior Manager Technology – Generic .Net, Leading IT Company
ASCI Verification, ASCI Design, ASIC Design Verification Lead, A world leader in Semiconductor Industry, Bangalore Pune
ASIC Verification Engineer job openings in Bangalore
Similar Topics
Bank customers are mainly divided into an Internet banking segment and a...
2 debates
, 1 question
Risk management in insurance is the methods used by organizations and...
1 trends
, 3 insight
, 2 debates
Life insurance is the most common investment consumers make. However, most...
2 debates
, 1 question
1 idea contests
, 1 question
business channels confuse a person more rather than helping him making...
1 insight
, 1 debates
, 2 question
Sponsored Jobs
