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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
3 / 828 |
Essay's paper body
Most composite insurers now often have direct writing subsidiaries which accept business from the public direct and bypass the intermediary. This growth in direct writing has had a major effect on personal lines business.
Advantages
(i) Use of the latest technology in telecommunications and telesales techniques means that the new direct wrier do not require extensive branch networks to service their business
(ii) Their administration and underwriting centres can be located anywhere in the country...
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Cost of office accommodation can therefore be kept to a minimum.
(iii) There is no commission payable to an intermediary.
(iv) Contact with customers is simply subject to the cost of a telephone call and postage of documentation.
(v) The customer often buys insurance based on price alone, and the reduction in fixed costs listed above allows insurers to provide a low-cost product...
Essay fragment
General points of the essay
Direct from Dell
No B.S. Direct Marketing
BT Direct marketing
CRM and Direct Mail
Competitive Analysis, Ing Direct.
Dell Computer Company?¦s direct business model
Dell's Direct Business Model
Direct Mail
Direct Marketing
Direct Selling
Evaluate the costs and benefits to modern business from engaging in foreign direct investment.
public perception of direct selling
The public relations practitioner as cultural intermediary
Tiger Direct
Direct Painting
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