An Analysis of Operational Efficiency of Agricultural Insurance Agency: Based on Three-Stage DEA Model

From the perspective of agricultural insurance agency, this paper focuses on the study of operational efficiency of agricultural insurance agency, and analyzes the operational efficiency of agricultural insurance agency and its influencing factors, in order to improve the operational efficiency of agricultural insurance agency, better supply agricultural insurance and achieve the policy effect of agricultural insurance. The results of this paper are as follows: (i) Either comprehensive operational efficiency or scale efficiency of Chinese-funded agency is higher than that of foreign-funded agency, but its pure technical efficiency is lower than that of foreign-funded agency, indicating that the managerial decision ability of Chinese-funded agency is weaker than that of foreign-funded agency, and needs to be improved; (ii) The operational efficiency of professional agricultural insurance agency is higher than that of comprehensive agricultural insurance agency, and the agricultural insurance agency is greatly affected by environmental factors; (iii) The operating time of agricultural insurance agency is proportional to its operational efficiency; (iv) The quality of employees is positively correlated with the capital and cost input difference, but negatively correlated with the difference in the number of employees. Therefore, it is necessary to pay attention to the improvement of employees' working efficiency while laying emphasis on employees' quality.