Online Sales of Insurance Products in the EU

Chrissanthis, Christos S.

doi:10.1007/978-3-319-28410-1_6

Cited by 2 publications

(3 citation statements)

References 3 publications

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“…The implementation of digital technologies poses legal challenges. For example, online insurance sales fail to provide customers with adequate preliminary information, and the application of telematics is fraught with privacy issues (Chrissanthis, 2016;Mustafina et al, 2020). Another challenge is related to whether organizational members make proper use of ICT in coordinating with allies that support the services and having the platforms and updates required to ensure a good user experience (Posada et al, 2019).…”

Section: Organizational Readiness and It Capabilitiesmentioning

confidence: 99%

Insurance in the Industry 4.0 environment: A literature review, synthesis, and research agenda

Srivastava¹,

Prashar²,

Iyer

et al. 2022

Australian Journal of Management

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Commodification and thinning margins of insurers have increased competition in the industry. Accessing accurate data and its meaningful analysis is becoming vital. The rise of digital technologies driven by the fourth industrial revolution (Industry 4.0) enables this but also poses new risks to insurers. The literature is evolving, and most reviews have focused on technologies or insurance value chain aspects. This systematic review of research on digital technologies in insurance discusses their benefits, enablers and inhibitors with specific reference to Industry 4.0–driven changes and identifies opportunities and imminent changes in the industry. This article discusses directions for future research. JEL Classification: M150 IT Management

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Section: Organizational Readiness and It Capabilitiesmentioning

confidence: 99%

Insurance in the Industry 4.0 environment: A literature review, synthesis, and research agenda

Srivastava¹,

Prashar²,

Iyer

et al. 2022

Australian Journal of Management

View full text Add to dashboard Cite

show abstract

“…The internet has made it possible for individuals to be more aware of offerings in the insurance market (Majtánová&Brokešová, 2012). Prospective clients can easily compare products, review customer's feedbacks, or find plans that match their personal requirements by browsing the web with mobile technologies (Chrissanthis, 2016). The system grants intending clients the opportunity to be more specific in the survey of insurance product (Rokas, 2016).…”

Section: Globalization Of the Insurance Marketplacementioning

confidence: 99%

“…Nevertheless compliance with the demands of online product surveyors guarantees a better online visibility of the service providers (Majtánová&Brokešová, 2012). These online insurance marketplaces help insurance carriers cut distribution cost and simultaneously launch out more well-targeted leads (Majtánová&Brokešová, 2012;Chrissanthis, 2016).…”

Section: Globalization Of the Insurance Marketplacementioning

confidence: 99%

Information and Communication Technology in Nigeria Insurance Industry: Developments, Challenges and Prospects

Inyang¹

2021

jefms

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Insurance industry provides insurance protection/financial guarantee to the insuring public in a given economy say Nigeria. The existence of risk allowed impetus for the insurance industry. Firms, governments and households act in ways that mitigate the adverse effects of risks on their assets, operations and social responsibilities. Insurance contracts are among the risk management choices of the persons exposed to risks. In Nigeria, the insurance industry is not too popular and needs to build trust and confidence among the insuring public. Information and Communication technology innovations that are changing the manner of doing things have potentials of facilitating, boasting trust and keeping insurance industry relevant. These can be realized via efficient insurance service delivery and innovations. This study using scooping approach aims at examining the level of information and communication technology (ICT) applications in Nigeria insurance industry, and promoting the ICTs in the industry. The study while identifying favourable demography and sustained innovations in ICT in Nigeria recommends sustained interest of the stakeholders towards adoption of ICT in Nigeria insurance industry.

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Online Sales of Insurance Products in the EU

Cited by 2 publications

References 3 publications

Insurance in the Industry 4.0 environment: A literature review, synthesis, and research agenda

Insurance in the Industry 4.0 environment: A literature review, synthesis, and research agenda

Information and Communication Technology in Nigeria Insurance Industry: Developments, Challenges and Prospects

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