7A Framework : The Organization of an Insurance Business

12manage is looking for contributors...

Business Insurance > Forum Log in

7A Framework : The Organization of an Insurance Business
Kailash Chandra Mishra, Member
An insurance organization consists of the following components (7A Framework):
A1. Agency System (Agent, broking and distribution)
A2. Accounting System (Record keeping, cost disposal and management support)
A3. Actuary System (Assumptions, models and valuation)
A4. Adjustor System (Survey, assessment and loss adjustment )
A5. Assuror System (Underwriting, product packaging and risk pricing)
A6. Asset Management System (Fund management, asset allocation and churning)
A7. Administrative Management System (Boundary Management, Corporate Governance, Audit, Grievance redressal and Information Technology)



  Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader

You here

More on Business Insurance
Best Practices

Expert Tips


About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
2018 12manage - The Executive Fast Track. V14.1 - Last updated: 20-7-2018. All names of their owners.