Search icone
Search and publish your papers
Our Guarantee
We guarantee quality.
Find out more!

A detailed report on Bajaj Allianz Life insurance and its competitors

Or download with : a doc exchange

About the author


About the document

Published date
documents in English
indian project
41 pages
2 times
Validated by
0 Comment
Rate this document
  1. Introduction.
  2. Objective.
  3. An overview of Life Insurance.
  4. Company profile.
    1. Background and inception of the company.
    2. Nature of the business.
    3. Mission vision and quality policy.
    4. Product / Services profile.
    5. Area of operation.
    6. Ownership pattern.
    7. Competitors information.
    8. Infrastructural facilities.
    9. Achievements/Awards.
    10. Work flow model.
    11. Future growth prospectus.
  5. McKinsey's 7S framework. 
    1. Structure.
    2. Skill.
    3. Style.
    4. Strategy.
    5. System.
    6. Staff.
    7. Shared values.
  6. SWOT analysis of the company.
  7. Financial analysis.
    1. Summary of annual report.
    2. Profit & Loss account for the year ended 31st March 2007.
    3. Balance sheet as on 31st March 2007.
    4. Ratio analysis.
  8. Learning experience.
  9. Suggestions/Recommendations.
  10. Conclusion.
  11. Bibliography.

Every individual's ultimate goal is to seek financial security for himself and his family members. In today's world of rising prices and uncertain markets, the resources available to fulfill needs and aspirations are limited. A planned approach helps to realize almost all dreams, needs and desires by optimum utilization of available resources. It gives a sense of financial support especially during a time of crisis irrespective of the fluctuations in the stock market. Insurance provides career goals right from our childhood years. Life insurance is all about making sure of adequate financial resources to make those plans and dreams come true. The potential for growth in the Indian market can be gauged by the fact that the Indian Insurance Market registered the highest growth in the Asian region even though India's Share of global insurance market is less than 0.5% (1998). The private players know that market penetration is low and the potential to exploit is high. Some of these factors that make the Indian Market lucrative as per capita in India is very low as far as Insurance Premium is concerned due to the presence of a very large middle class. The Confederation of Indian Industry (CII) has projected a growth of Life Insurance premium from Rs.350 Billion to Rs.1400 billion by 2009. The changes that are been brought about is spectacular by the opening of life insurance business which handled a single entity known as life insurance corporation of India. Today we have around 12 players in this field and Life Insurance Corporation still continues to stride ahead as a dominant player.

[...] An overview of LIFE INSUARNCE INSURANCE Your family counts on you every day for financial support: food, shelter, transportation, education, and much more. Insurance provides you with that unique sense of security that no other form of investment provides. It gives us a sense of financial support especially during that time of crisis irrespective of the fluctuations in the stock market. Insurance provides for your career goals right from your childhood years. Life insurance is all about making sure your family has adequate financial resources to make those plans and dreams come true. [...]

[...] Bajaj Allianz Life Insurance The fastest growing private life insurance company in India , with a growth rate of 380%. Over satisfied customers. One of the fastest growing private sector life insurers in India. Ranked no-2 among private life insurance companies in India has sold over 1 million policies to satisfied customer. Is backed by a network of 550 offices spanning the country. Assets under Management is Rs crores. Shareholder capital base of Rs.250 crores. Decentralized organizational structure for increased response and Service levels. [...]

[...] The 7-s model is a tool for managerial analysis and action that provides a structure with which to consider a company as a whole, so that the organizations problem may be solved and a strategy may be developed and implemented. The 7S is a framework for analyzing organizations and effectiveness. It looks at the seven key elements that make the organization and their effectiveness. MCKINSEY'S 7S STRUCTURE SKILL STYLE STRATEGY SYSTEM STAFF SHARED VALUES 3.1 Structure Overall organizational structural details- Board of directors / Functional heads. [...]

Top sold for finance

The case of H&M and Inditex

 Economics & finance   |  Finance   |  Case study   |  09/29/2010   |   .pdf   |   5 pages

Recent documents in finance category

The O.M. Scott & Sons Company - Financial analysis

 Economics & finance   |  Finance   |  Case study   |  11/22/2016   |   .doc   |   12 pages

The price of the dream: subprime mortgages in the African-American community

 Economics & finance   |  Finance   |  Presentation   |  09/26/2016   |   .doc   |   2 pages