Download Category: INSURANCE PROJECT TOPICS


MOTOR INSURANCE PRACTICE IN NIGERIA PROBLEMS AND PROSPECTS

ABSTRACT The aim of this research was examining the factors that affect motor insurance claim processing time in Awash Insurance Company S.C.  The study has analyzed the effect of selected independent variables, which are assumed to have major impact on motor insurance claims processing time.  The variables: competency of claims staff, customers’ awareness of motor policy and competency of service providers were selected.  The researcher used both primary and secondary ...

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IMPACT OF INSURANCE BUSINESS ON THE ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT Insurance is one of the cornerstones of modern day financial services sector. In addition to its traditional role of managing risk, insurance market activity, both as intermediary and as provider of risk transfer and indemnification, may promote growth by allowing different risks to be managed more efficiently through promoting long term savings, encouraging the accumulation of capital, serving as a conduit pipe to channelling funds from policy holders to ...

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IMPACT OF INSURANCE SERVICE ON BUSINESS SURVIVAL IN NIGERIA

CHAPTER ONE INTRODUTION Background of the Study The research is to be conducted on “The impact of insurance service on business survival in Niger Insurance Plc Kaduna. Insurance is meanly concerned with provision of financial security or protection of industries, institution and individuals against their economic losses, since they have content with the risk and uncertainties associated with business properties and life.   Therefore, Insurance creates awareness for the society ...

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NATIONAL HEALTH INSURANCE SCHEME IN NIGERIA PROSPECTS AND PROBLEMS

Abstract The intention of this research is to analyse the prospect and problems of National health Insurance scheme in Nigeria. Which will bring health care for all? In analyzing this topic I will give a brief introduction on how the scheme works and states the prospect and problem. Also a guideline will be drawn how the scheme will react in Nigeria now it has been established and lunched. How the ...

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IMPACT OF POOR CLAIM SETTLEMENT ON THE DEMAND FOR INSURANCE

 ABSTRACT   Claims settlement, which dates as far back as the history of insurance, is the only reason the consumer (insured) buys an insurance product. The fast administration of Claims is therefore not only a legal obligation of an insurance firm, but a strong public relations and marketing strategy. The response to claims has rather been poor in Nigeria and this is of great concern, since a thriving economy depends to ...

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IMPACT OF CLAIM SETTLEMENT ON THE DEVELOPMENT OF NIGERIA INSURANCE INDUSTRY 2007-20017

TABLE OF CONTENT Title page Approval page Dedication Acknowledgment Abstract Table of content CHAPETR ONE 1.0   INTRODUCTION  1.1        Background of the study 1.2        Statement of problem 1.3        Objective of the study 1.4        Research Hypotheses 1.5        Significance of the study 1.6        Scope and limitation of the study 1.7       Definition of terms 1.8       Organization of the study CHAPETR TWO 2.0   LITERATURE REVIEW CHAPETR THREE 3.0        Research methodology 3.1    sources of data collection 3.3        Population of the study 3.4        Sampling and sampling ...

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ANALYSIS OF THE CONTRIBUTION OF INSURANCE COMPANIES TO THE GROWTH OF SMES

ABSTRACT The purpose of this study was to establish the relationship between the contributions of insurance companies and the growth of SMEs in NICON basing on the following objectives; to examine major factors that affects the growth of SMEs; to assess the contribution of insurance companies to the growth of SMEs; to investigate the factors inhibiting the purchase of insurance cover by SME operators and to determine the strength of ...

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EVALUATING THE IMPACT AND BARRIERS FOR DE-RISKING STRATEGIES

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY In recent years, the international community has begun to focus on financial inclusion as part of a broader strategy to reduce poverty, encourage economic development, and promote stability and security. For the purposes of this paper, the term “financial inclusion” refers to the provision of accessible, usable, and affordable financial services, either through the formal or informal financial sector, to underserved populations. ...

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INSURANCE COMPANY IN THE ECONOMIC DEVELOPMENT OF GHANA

ABSTRACT This study was intended to evaluate the role of insurance company in the economic development of Ghana in metropolitan insurance company. This study was guided by the following objectives; to identify the role insurance play to the economy of Ghana, to access the awareness among the general public about insurance in Nigeria, to find out the problems facing the insurer and the insured in Nigeria. The study employed the ...

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THE ROLE OF INSURANCE IN MINIMIZING BUSINESS RISK (A CASE STUDY OF SMALL AND MEDIUM SCALE BUSINESSES IN UYO)

ABSTRACT SMEs are noted as the foundation of the emerging private sector in developing countries and government’s assistance is paramount to sustaining contribution to the country’s economy enhance (World performance of SMEs, little or no attention is given to the sector to become business recovery conscious in moments when disaster strikes. Events such as violent floods, fire outbreaks, traffic accidents, occupational hazards, accidental damage to properties and harm caused to ...

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HEALTH INSURANCE – AN EVALUATION OF THE EFFECT OF HEALTH MAINTENANCE ORGANISATION IN THE NIGERIA ECONOMY

ABSTRACT This study focused on the operation and the evaluation of the effectiveness of the Health Maintenance organization. The aim of the study was to investigate if the Health Maintenance organizations who are the administrator of the scheme are running the scheme well in Nigeria. Further to investigate if access to medical care is cheaper with health insurance when compared to retainership. In order to achieve this, healthcare international as ...

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SOCIAL MEDIA: EFFECTS ON MARKET SHARE IMPROVEMENT IN SERVICE INDUSTRY

CHAPTER ONE BACKGROUND TO THE STUDY  INTRODUCTION BACKGROUND OF THE STUDY “Marketing and marketing communications mix is changing. New insights, new tools, new opportunities and new challenges are emerging as the 21st century progresses. The world’s 61/4 billion consumers and almost 400 million business customers are becoming increasingly accessible” (Smith and Taylor, 2004, p 4) which makes them ready targets for new global competitors. “Marketing has moved from ‘customer acquisition’ (winning new ...

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THE IMPACT OF THE GOVERNMENT POLICIES IN REGULATING THE ACTIVITIES OF INSURANCE COMPANIES IN NIGERIA

ABSTRACT The purpose of this research is concerned on the impact of the government policies in regulating the activities of insurance companies operating in Nigeria. The government responsibility to supervise, regulate and control the activities of insurance companies and intermediaries is to protect the interest of the insuring public and to save them from exploitation by unreliable insurers. Because of the intangible nature of insurance product, the government wants to ...

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THE IMPACT OF GOVERNMENT POLICIES IN REGULATING THE ACTIVITIES OF NIGERIA INSURANCE INDUSTRY

ABSTRACT The purpose at this research is concerned on the impact of the government policies in regulating the activities of insurance companies operating in Nigeria. The government responsibility to supervise, regulate and control the activities of insurance companies and intermediaries is to protect the interest of the insuring public and to save them from exploitation by unreliable insurers. Because of the intangible nature of insurance product, the government wants to make ...

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IMPACT OF INSURANCE BUSINESS ON THE ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT This project work is entitled, the impact of insurance on the economic development of Nigeria. It was carried out in NICON Insurance Corporation Lagos as a case study. The objective of this research is to comprehensively examine the impact of Insurance on the economic development of Nigeria. This study is categorized into five (5) chapters. Chapter one is basically an introduction from which the subsequent chapters draw their root. ...

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EMPIRICAL INVESTIGATION OF INSTITUTIONAL FACTORS THAT INHIBIT MEMBERS OF THE PUBLIC ATTITUDES TOWARDS LIFE INSURANCE CONSUMPTION

CHAPTER ONE INTRODUCTION 1.1       Background of the study Since the end of Second World War, The insurance industry the world over has experienced   remarkable growth.  Concurrent with this growth has been significant changes within the industry.  The Nigerian insurance industry is not unaffected by this general growth malady. The growth of multiple line transition, introduction of package policies, the universal banking system, grassroots insurance, the variable annuity, growth life insurance, universal life policy, changes in ...

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THE EFFECT OF CONSUMER BEHAVIOR ON INSURANCE BUSINESS IN NIGERIA

ABSTRACT This study investigates the determinants of the effect of consumer behaviour on insurance business in Nigeria.  It analyze the interpretation of data collection from respondents. The research questionnaire were draw to get data from banking, civil service, self-employed, married/single and divorced.  The result of the questionnaire were used for positive correlation co-efficient which means that consumer perception about risk influences the desire to buy insurance. The study recommends the price of ...

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THE GOAL OF EFFECTIVE MANAGEMENT OF LIFE ASSURANCE IN NIGERIA INSURANCE INDUSTRY

Abstract This research report examines the goal of effective management of life assurance product in Nigeria insurance industry; focusing on Lagos metropolis. The objectives of the study were identified which includes to know the important benefits of life assurance business in Nigerian economy; to evaluate claims procedures in life assurance business; upon these objectives, the research questions were formulated, the significance of the study evaluated and the scope and limitation ...

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EFFECTS OF CONSUMER PERCEPTION ON THE DEMAND OF LIFE INSURANCE PRODUCTS

Abstract The study is intended to investigate the major determinants of life insurance buying behavior in Nigeria insurance corporation Lagos State University, Ojo district. The study focuses on the relationship of life insurance with six selected independent variables (income, attitude, perception, premium, culture, and buying intention). The approach for this study is quantitative research approach. To find the major determinant factors for life insurance buying behavior, the researcher adapted correlation ...

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THE ROLE OF AGRICULTURAL INSURANCE IN ENHANCING AGRICULTURAL PRODUCTIVITY

Abstract Insurance is needed in order to alleviate the financial losses suffered by policy holders or the general public where the liability under policy is a contingent’s one. Therefore agricultural insurance takes care of the losses suffered by the farmers. To do this very successfully by an underwriter the compensation has to be made from contribution (premium) of all parties participating in the insurance. It is the aim of this ...

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