The aim of this paper is to provide empirical evidence on the relation between line-of-business diversification and performance for the insurance companies that operated in the republic of Serbia in the period [2004][2005][2006][2007][2008][2009][2010][2011][2012][2013][2014]. The research results show that the relation between risk-adjusted returns measured both by return on assets and return on equity and line-of-business diversification and performance measured by entropy is significant and positive, which means that diversified insurers outperform undiversified insurers. These results could be useful in decision making for insurance companies as they suggest the need for diversification (specialisation), growth in size, capitalization and affiliation (grouping).

Digitalization of logistical processes is an unstoppable process. The shipping companies are imposing new trends on ports that they must follow. On the other hand, the efficiency of shipping goods is one of the basic prerequisites for the competitiveness of a port. In both cases, the port must have an information system developed that will successfully connect the shipping companies to the logistics community in the hinterland. The subject of this paper is the potential implementation of such solution in Montenegro, the US software solution NAVIS. The aim of the paper is to explain the current state and present the benefits that intermodal traffic through the Port of Bar would have by implementing an information solution like this. The methods used in the paper are analyzing data obtained from the official websites of the NAVIS, the experience of ports that use the subject solution as well as analysis of existing processes that take place through the Port of Bar in intermodal transport. The results of the paper will present its hypothesis, the greater efficiency of logistical processes in Montenegro and primarily the Port of Bar which will contribute to a better competitive position of Port of Bar in intermodal transport.