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New Concepts

Submitted by surveymru on April 25, 2006

Category: Technology
Words: 4338 | Pages: 18
Views: 443
Popularity Rank: 19,235
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Table of Contents
1. Introduction 4
1.1. Insurance Industry Overview and Major Trends 5
1.2. Need for Data Analysis and The Insurance Value Chain 5
2. Sales & Marketing 6
2.1. Agent and Sales Force Deployment: 7
2.2. Agent Development and Relationship Management: 7
2.3. Channel Analysis: 7
2.4. E Business Development: 7
2.5. Site Navigation: 7
2.6. Error Analysis: 7
3. Retailing 8
3.1. Customer Profitability: 8
3.2. Customer Lifetime Value: 9
3.3. Customer Segmentation: 9
3.4. Attrition Analysis: 9
3.5. Affinity Analysis: 10
3.6. Target Marketing: 10
3.7. Campaign Analysis: 10
3.8. Cross Selling: 10
4. Banking 11
4.1. Budgeting: 11
4.2. Asset Liability Management: 11
4.3. Financial Ratio Analysis: 11
4.4. Profitability Analysis: 11
4.5. Web Reporting and Analysis: 11
5. Stock Trading 12
5.1. Dematerialization 12
5.2. Information Flow 13
5.3. Conflicting interests 13
5.4. Realize economies of scale 14
5.5. Volatility 14
5.6. Adverse impacts of IT on stock markets 14
6. Manufacturing 16
7. Summary 18
8. References / Bibliography 19

Table of Figures
Figure 1 - Insurance Chain Model 5
Figure 2 - Business Intelligence and CRM 8
Figure 3 - Before implementation of Value Chain Model 16
Figure 4 – Sample Value Chain: Optimized Processes 17

Information Technology, Commerce and Money








The thrust of the original Industrial revolution was separation – to break work
into its component parts so as to permit mass production. The effect of computer networks in the Digital Revolution, however, is unification – to erase boundaries between company departments, suppliers, and customers. Indeed, the parts of...

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