Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process

Debrina vita Ferezagia; Endah meisya Indriani; Lusy Lustria

doi:10.3390/proceedings2022083041

Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process

Debrina vita Ferezagia, Endah meisya Indriani, Lusy Lustria

Vocational Programme of Administrative and Business

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

Abstract

This study aims to determine the right strategy for fire insurance companies. This study also discusses policy endorsement in underwriting process. The research method uses descriptive qualitative analysis and SWOT analysis. This research was conducted by collecting data consisting of primary and secondary data. The total score of the IFE matrix is 2.87. The EFE matrix is 3.342. The endorsement policy is in cell II (grow and build). The strategy that can be applied is an intensive strategy which includes market penetration, market development and product development. It also uses an integrated strategy that includes backward integration, forward integration, and horizontal integration.

Original language	English
Title of host publication	The 5th International Conference on Vocational Education Applied Science and Technology 2022)
Pages	41
DOIs	https://doi.org/10.3390/proceedings2022083041
Publication status	Published - 30 Dec 2022

Keywords

SWOT analysis
intensive strategy
integrated strategy
fire insurance
endorsement policy

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10.3390/proceedings2022083041

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title = "Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process",

abstract = "This study aims to determine the right strategy for fire insurance companies. This study also discusses policy endorsement in underwriting process. The research method uses descriptive qualitative analysis and SWOT analysis. This research was conducted by collecting data consisting of primary and secondary data. The total score of the IFE matrix is 2.87. The EFE matrix is 3.342. The endorsement policy is in cell II (grow and build). The strategy that can be applied is an intensive strategy which includes market penetration, market development and product development. It also uses an integrated strategy that includes backward integration, forward integration, and horizontal integration.",

keywords = "SWOT analysis, intensive strategy, integrated strategy, fire insurance, endorsement policy",

author = "Ferezagia, {Debrina vita} and Indriani, {Endah meisya} and Lusy Lustria",

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month = dec,

day = "30",

doi = "10.3390/proceedings2022083041",

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Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process. / Ferezagia, Debrina vita; Indriani, Endah meisya; Lustria, Lusy.
The 5th International Conference on Vocational Education Applied Science and Technology 2022). 2022. p. 41.

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution › peer-review

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AU - Indriani, Endah meisya

AU - Lustria, Lusy

PY - 2022/12/30

Y1 - 2022/12/30

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AB - This study aims to determine the right strategy for fire insurance companies. This study also discusses policy endorsement in underwriting process. The research method uses descriptive qualitative analysis and SWOT analysis. This research was conducted by collecting data consisting of primary and secondary data. The total score of the IFE matrix is 2.87. The EFE matrix is 3.342. The endorsement policy is in cell II (grow and build). The strategy that can be applied is an intensive strategy which includes market penetration, market development and product development. It also uses an integrated strategy that includes backward integration, forward integration, and horizontal integration.

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KW - intensive strategy

KW - integrated strategy

KW - fire insurance

KW - endorsement policy

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BT - The 5th International Conference on Vocational Education Applied Science and Technology 2022)

ER -

Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process

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Keywords

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