The Relationships between Information Technology, E-Commerce, and E-Finance in the Financial Institutions: Evidence from the Insurance Industry

Lin, Hong‐Jen; Wen, Min-Ming; Lin, Winston T.

doi:10.1007/978-3-642-28490-8_21

Cited by 4 publications

(4 citation statements)

References 12 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Under the insurance and financial services model, the coefficient of the individual using Internet has a positive effect and is significant at the 5% level, therefore confirming Hypothesis II. The coefficient of ICT goods is also statistically significant at the 5% level and has a positive effect on insurance and financial services demand as hypothesized because of referring to the study from Lin, Wen, and Lin (2012). ICT services are hypothesized to increase the demand for insurance and financial services, and the empirical result showed the same, with a positive effect on the insurance demand.…”

Section: Figure 2 Insurance and Financial Services As A Percentage Omentioning

confidence: 71%

“…The authors found a significant effect of ICT on the insurance industry in Kenya, especially due to the growth of microinsurance (Masila, 2014). Another study related to the development of technology on insurance from Lin, Wen, and Lin (2012) suggested that ICT improves cost efficiency in developed countries more than in emerging economies. Sapa, Phunde, and Godbole (2015) conducted a comparative study between e-insurance and traditional insurance to see how e-insurance has progressed in interacting electronically with its customers and to identify any shortcomings [12].…”

Section: Literature Reviewmentioning

confidence: 99%

“…Waita and Nairobi (2014) found a positive impact of technological developments on the growth of microinsurance in Kenya. Because Indonesia is a developing country where the last few years the development of technology whose usefulness is seen in real life in everyday life, this is what makes the researchers stated that there is a significant influence on the existing insurance from Lin. Wen and Lin (2012) say that technology affects the cost efficient in the insurance industry that is only available in developed countries but not in developing countries.…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Contribution of Technology to Insurance in Indonesia

Safitri¹

2020

Proceedings of the 3rd International Conference on Vocational Higher Education (ICVHE 2018)

View full text Add to dashboard Cite

In recent years, Indonesia has begun to develop its information and communications technology. Along with the development and spread of the use of information and communications technology in everyday life, the need for information, business world, and community responsibility has also increased, including insurance companies. Insurance companies act as a form of risk control by transferring the risk from one party to another. The growth of the insurance industry reflects the expanding need for protection both for health and assets owned. The growing awareness of insurance is inseparable from the influence of people's rising income and the development of digital technology. This paper investigates factors that affect the insurance variable related to the technology proxy in Indonesia from 2003 to 2015. Time-series data were analyzed using regression modeling with assumption-checking. Mobile user subscriptions, individual Internet users, Information and communications technology (ICT) goods, and ICT services are found to significantly and positively affect the insurance variable.The results indicate that insurance industry policy makers should start developing online premium policies and an online claim system.

show abstract

Section: Figure 2 Insurance and Financial Services As A Percentage Omentioning

confidence: 71%

Section: Literature Reviewmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Contribution of Technology to Insurance in Indonesia

Safitri¹

2020

Proceedings of the 3rd International Conference on Vocational Higher Education (ICVHE 2018)

View full text Add to dashboard Cite

show abstract

“…E-finance is a subset / part of e-commerce mainly used by the banking, investment and insurance industries. Complex and complicated transactions are easier [26]. The efinance platform consists of e-banking, e-money or ecurrency, e-insurance, e-trading, and e-acquiring.…”

Section: Government Actors (G) 2 Business Actors (B) 3 Consumers mentioning

confidence: 99%

Classification of E-Service in Indonesia

Yuniar

Agung

2020

IJAIT

View full text Add to dashboard Cite

E-service consists of various actors. Today, there is a wide range of actors involved. Public, private, and government connected in such complex way to create the e-service world we know today. However, the broad and complexity of the environment raises challenges for policy makers and regulators, such as tax. Until now, there is no tax regulation that specifically regulates trading activities using information technology, also known as an e-service. It operates globally without physical boundaries of a nation. However, rules can be different among nations. The initial step to make these rules is the classification of types of services using information technology, based on the business actors involved. Lack of classification raises problems, such as overlapping business segmentation, which may lead to inaccurate classification of the treatment. That is why a complete classification of e-service is needed. This study proposes a classification of e-service based on provider of the service, origin of goods and service, and the destination of goods and services in Indonesia. Research data obtained through literature studies and surveys of information technology-based service provider sites. We propose 27 categories of e-business classification, which can be used further, such as to cluster business and as a basis for regulation.

show abstract