跳至主要内容

How to Establish The Market Potential For Insurance Business In Your Area

Having worked in imports and exports for some time, I had to trade with many markets world wide. I learned that the exports of direct insurance were blocked by national regulatory barriers in many markets. Some markets have undergone gradual relaxation, permitting greater flexibility in cross-border activity.

"Property Insurance"

Many markets, such as Hong Kong, have a population that is covered by insurance. There are still a large number of uninsured. Do check in your market what are the percentages of insured or uninsured? Do check also the living standards of your market, and the level of awareness that insurance provides, as there may just be a sizable market to be explored.

This by no means gives you a complete picture of your market's potential. It serves as a good starting point to look into the potential of the market, and point you in the direction of other areas. Requirements from each market and each region vary considerably, so do apply my suggestions to the specific needs of your market. Good luck. I look forward to hear from you.

"Auto Insurance"

What about the insurance market that caters to natural disasters? Is the area that you are operating at subjected to typhoons? What about destructive earthquakes? This might provide great potential and increased demand for catastrophe reinsurance.

How many authorized insurers are there in the market? How many are local insurers? How many are insurers that are incorporated in overseas markets? Which are the major overseas insurers?

How many registered insurance agents are there operating in the market? How many are individual agents? How many registered insurance brokers are there?

How many specialize in general insurance? How many specialize in life insurance? How many cover both general insurance and life insurance? How many professional reinsurers are there in the market, providing reinsurance only? Of this, how many are incorporated locally, and how many overseas?

"Medical Insurance"

Some areas that you might look into:

What is the total value in exports of insurance services? Has it increased or declined in recent years? Is reinsurance a major export earner? What is the amount in reinsurance? What is the amount in direct insurance?

Is the government in the market keen to promote insurance and reinsurance? What about captive insurance? Captive insurance is formed by a group of companies such as multinationals or conglomerates, catering for specific insurance needs of the group.

Have you explored the China market? It is a huge market with very large potential for growth, with substantial growth in premium income, expected to register continued growth.

Have you looked at the reinsurance needs for the region you are operating at? Are there any large infrastructure projects that might need substantial insurance and reinsurance?

Difficulty: Moderate

评论

此博客中的热门博文

How to Design a Store Front Sign

In this Article we will talk about designing a store front for a business. What color or size should your Letters & designs be? What to put on your sign and why?, then be ready to Get in touch with sign people and get your best deal. Large lettering with out a front sign could save you time and money Do your products have a special shape or color to emulate on your sign? Kodak is always in yellow and black, Coca-Cola white on red, Etc. Muffler places, have a sign in the shape of a muffler. your phone number on the store front some place, but not on the identification sign, (door, or window) Your Product & logos can be arranged on the front sign, or window. Not on the Pole sign, Store hours & phone number could fit in your design and by using the product color, it could add product recognition & enhance your design. Suppliers may provide plenty of advert

music forum (zt)

24. moonlight - ≡ Sound Of Nature ≡ -     15. Tone Quebec Network 17.Ukoo http://www.hispeed.com.cn/Forum/LoadForum.asp?Foru m / a> http://bbs.dd81.com/index.php 30. Jazz pawnshop http://www.sogua.com/ 6. Lyrics 吾爱 http://www.inkui.com Reading of the singer in mind 2. Hyun tone http://d.sogou.com/ http://www.beihai365.com/bbs/forumdisplay.php?f/a> 20. Left Bank • Teana http://bbs.flamesky.com/ 8. Sogou sogou- 25.U Shadow 吾爱 sound waves 4. Need 14.HDCD http://www.commus.com/ 29, Buddhist music, do not know the name of the http://www.itpub.net/forum79.html http://bbs.kugoo.com/index.asp http://bbs.uying.com/176/Index.aspx http://board.verycd.com/ http://board.verycd.com/f8.html 13.MP3 barrage http://bbs.51lrc.com/index.asp?board/a> A pleasant song - "Dancing circulation" 19.Verycd of http://bbs.breezecn.com/ http://www.mp4cn.com/2008/index.html Sound of Music Forum, http://www.jazzsky.com/lb/cgi-bin/leobbs.cgi http://www.luopo.co

How to Cut Down on Small Business Advertising Expenses

Small business advertising is the greatest problem that the entrepreneurs face. If you have a small business then you may be facing the same problem. This problem can be easily cured with the help of a few steps. Remember that cutting down the expenses does not mean damaging the business. You will have to make sure that the business keeps running at its best and your expenses cut down campaign do not disturb the running of the business. This is the difficult part of this campaign. Most of the people can easily cut down the advertisement expenses but then they will sacrifice the business. This is not the tight course. Market is very important to you. You should research your market and then target it. It will reduce the budget by reducing the number of advertisement campaign that you are running. You may be running campaigns outside your native market. Remember that targeted advertisement is the most essential thing. You may wa