review of literature on motor insurance

The motor insurance policy holders are taken as the respondents for this study. ... Review of Literature Ramakrishna ( 2005) in his article " To Bring That Smile- Consumer care as a competitive tool" reveals that the consumer is King and he pays for the insurer to treat him as such, and observes providing guidelines to achieve customer ...

Since the trend in innovative motor insurance revealed above is to implement schemes that progressively incorporate travel and behavioural factors the authors consider that future models will be in the form of Pay-As-How-You-Drive (PAHYD) including parameters from both PAYD and PHYD models. ... The above literature review reveals a trend in ...

Innovative motor insurance schemes: A review of current practices and emerging challenges: 82: 13.67: Baecke & Bocca (2017) ... The study examined telematics-based automotive insurance literature from 2002 to 2022 using bibliometric analysis. The analysis included high-productivity countries, authors, research, and publication venues. ...

The purpose of this paper is to provide a systematic literature review of available research evidence on insurance awareness. Key word search was performed and an analysis was made to achieve the objective of this study. From the systematic search, 40 research papers published for the period between 2012 and October 2017 were found, collected and analysed with respect to bibliographical ...

Global primary premium growth is forecast to be 2.2% at the end of 2017 and then improve to 3.0% in 2018. Awareness is one of the factors that contribute to the growing number of insurance penetration. Product awareness is defined as the individuals' passive involvement and raised interest towards the product.

The literature is evolving, and most reviews have focused on technologies or insurance value chain aspects. This systematic review of research on digital technologies in insurance discusses their benefits, enablers and inhibitors with specific reference to Industry 4.0-driven changes and identifies opportunities and imminent changes in the ...

Innovative motor insurance schemes: A review of current practices and emerging challenges. Author links open overlay panel Dimitrios I. Tselentis ... the existing literature on UBI schemes is reviewed and research gaps are identified Findings show that there is a multiplicity and diversity of several research studies accumulated in modern ...

Motor Vehicle Insurance Industry in India: A Review. July 2023. DOI: 10.1002/9781394167944.ch2. In book: The Impact of Climate Change and Sustainability Standards on the Insurance Market (pp.23-40 ...

MOTOR INSURANCE POLICIES BY ORIENTAL INSURANCE COMPANY Dr.A.Josephine Stella, Assistant Professor of Commerce, The Standard fireworks Rajaratnam College for Women, Sivakasi. ... Review of Literature Fatima Alinvi and Maira Babri , in their project submitted for the International Business Program titled as "Customers‟ Preferences

Our dataset comes from the motor portfolio of an insurance company operating in Athens, Greece and spans a period from 2008 to 2020. ... Blier-Wong et al. performed a literature review on the application of ML methods on the property and casualty insurance actuarial tasks and in pricing and reserving. They drafted potential future applications ...

and road accidents on motor insurance premium. HI: There is no significance impact of Auto mobile sales, Auto claims incurred, Road length and road accidents on motor insurance premium. LITERATURE REVIEW . Kumar N.B and Vadivel J A (2016) examined the awareness of the policy holders on various aspect of motor vehicle insurance on credit policy.

Insurance in India deals with the insurance covers for the loss or injury caused to the car or its components thanks to natural and artificial calamities. It provides ... To study the Demographic profile of the customers availing vehicle insurance. Review of Literature: Bian, Y., et al., (2018) declared that the Usage-based insurance (UBI) has ...

Motor insurance contributes to one third of the premium income for the general insurance industry in India. The growth of the economy and consequently, the standard ... insurance. Review of Literature: M. S. Azam (2005) examined the customers' attitudes towards private and public owned general insurance Companies. ...

Literature review on Insurance Transformation. October 2018. Authors: Matthias de Ferrieres. University of Chicago. Content uploaded by Matthias de Ferrieres. Author content. Content may be ...

According to the Graph, 50% of the respondents agree that Motor Insurance is beneficial as it covers damages during accidents,20% of the respondents agree that Motor Insurance is beneficial as it protects from theft,15% of the respondents agree that Motor Insurance is beneficial as it helps for cashless claim assistance,10% of the respondents ...

Keywords: Consumers' Insurance Literacy, Insurance literacy measur e, Insurance Knowledge, insurance education, Financial Literacy, Insura nce DOI : 10.7176/EJBM/11-26-05

Downloadable! The purpose of this paper is to provide a systematic literature review of available research evidence on insurance awareness. Key word search was performed and an analysis was made to achieve the objective of this study. From the systematic search, 40 research papers published for the period between 2012 and October 2017 were found, collected and analysed with respect to ...

Purpose: The purpose of this study is to understand the customer awareness on car insurance policies with special reference to United India Insurance with the important element to improve the customer awareness towards insurance policies based on literature review and case study of successful vehicle Insurance Company.

Overall, sources other than the individual crash victims pay about 70 percent of all motor vehicle crash costs, primarily through insurance premiums and taxes. Motor vehicle crash costs funded through public revenues cost taxpayers $13.8 billion in 1994, the equivalent of $144 in added taxes for each household in the United States.

Viswanathan and Cummins (2003) 4. Discussion. The core of the systematic literature review was to categorise the existing articles, identify relevant approaches and themes that capture the nature and content of research surrounding mutual insurance companies, and analyse how mutual insurance has been defined.

Review of literature is a critical summary of research on a topic of interest, often prepared to put a research problem in a context. A review included a research report, which include a brief literature reviews with their introduction. To provide readers with a quick overview of the being

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Top ten cheapest cars to own: Gasoline plus car insurance. Honda Fit (2018) -- $5,348 (one year of car insurance plus fuel) Hyundai Accent -- $5,468; Honda Civic -- $5,480; Mini Cooper Convertible ...

The bill would add language to the insurance code that tightens the timeline of the review process, giving the Insurance Department up to 120 days — an initial 60 days, with options for two 30-day extensions — to respond to insurer rate-review requests with a newly required estimated rate. At that point, unless there is an objection by a ...

Literature Review. K.V. ... preference in property insurance,22% is supporting motor insurance and 10% is for credit. insurance. T able 8: Respondents preference of investment due to. Segment.

Ways to Reduce Your Chances of Car Break-in. Park in well-lit areas. Lock your doors and roll up your windows. Don't leave your car running and unattended.

Used car prices are arguably more important than prices of new cars. Most people buy used cars. A vibrant used market vastly increases the number of people who can consider an electric vehicle.

Abstract. There are many risks in the proceeding of underwriting which affect the development of insurance.So,risk management of underwriting of motor vehicle insurance plays the important role. First, underwriting risks are analyzed by AHP. Secondly, this article discusses how to establish a scientific and practical model to enhance the motor ...

It would add language to the insurance code that tightens the timeline of the review process, giving the Insurance Department up to 120 days — an initial 60 days, with options for two 30-day ...