CONTENTS
1. EXECUTIVE SUMMARY 2
2. INTRODUCTION TO THE TOPIC 3
3. AIM OF THE STUDY 4
4. INTODUCTION TO INSURANCE INDUSTRY 5
5. ORGANIZATIONAL PROFILE 6
5.1 FORMATION OF COMPANY 6
5.2 PRODUCT SCOPE: 10
5.3 PRODUCT PORTFOLIO 13
5.4 MILESTONES IN THE HISTORY 17
5.5COLLABORATIONS & AFFILIATIONS: 18
5.6 HEAD OFFICES AND BRANCHES 20
5.7 ORGANIZATION STRUCTURE: 22
6. FINDINGS 23
7. SUGGESTION 25
8. CONCLUSIONS: 26
9. BIBLIOGRAPHY 27
EXECUTIVE SUMMARY
In today’s corporate and competitive world, I find that insurance sector has the maximum growth and potential as compared to the other sectors. Insurance has the maximum growth rate of 70-80% while as FMCG sector has maximum 12-15% of growth rate. The growth potential attracts individuals to enter this sector and HDFC Standard Life Insurance Company Ltd has given me the opportunity to work and get experience in highly competitive and enhancing sector.
The success story of good market share of different market organizations depends upon the availability of the product and services near to the customer, which can be distributed through a distribution channel. In insurance sector, distribution channel includes only agents or agency holders of the company. If companies like LIC, RE ...