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Particularity of Selling Insurance for Romanian Insurance Companies

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Author Info
Gavriletea Marius (Faculty of Business,Cluj-Napoca,Romania)
Abstract

It is already known that marketing has a very important role for the success of each type business. Insurance sector is an industry with continuously modification towards insured risks, exclusions and quotations. The competition in the Romanian insurance industry is a really tough one, and the insurance companies that will adopt better marketing strategies will be successful and profitable ones. As a part of marketing field, distribution channels in insurance grew in importance in the last decade. In this paper we will present the main distribution channels in insurance field separately for non-life insurance and for life insurance. We will observe some statistics in Europe related to the distribution channels, and we will analyze them. The Romanian insurance companies that take into account the official statistics related to distribution channels in Europe, will be most profitable in the next years.

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File URL: http://www.efos.hr/repec/osi/journl/PDF/InterdisciplinaryManagementResearchIV/IMR4a16.pdf
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Publisher Info
Article provided by Faculty of Economics in Osijek, Croatia in its journal Interdisciplinary Management Research.

Volume (Year): 4 (2008)
Issue (Month): (May)
Pages: 264-274
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:osi:journl:v:4:y:2008:p:264-274

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Related research
Keywords: insurance; distribution channel; system; broker; agent; banc assurance.;

Find related papers by JEL classification:
G2 - Financial Economics - - Financial Institutions and Services
O5 - Economic Development, Technological Change, and Growth - - Economywide Country Studies

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This page was last updated on 2009-12-15.


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