Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan

This case study explored the impact of the Individual Life Assurance System (ILAS) on the net benefits of EFU Life, a leading insurance company in Pakistan. EFU Life implemented ILAS in order to overcome the challenge of technical limitations and unavailability of modules. The study conducted a sur...

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Main Author: Imran Batada
Format: Article
Language:English
Published: Shaheed Zulfikar Ali Bhutto Institute of Science and Technology 2021-12-01
Series:JISR on Computing
Subjects:
Online Access:https://jisrc.szabist.edu.pk/ojs/index.php/jisrc/article/view/47
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author Imran Batada
author_facet Imran Batada
author_sort Imran Batada
collection DOAJ
description This case study explored the impact of the Individual Life Assurance System (ILAS) on the net benefits of EFU Life, a leading insurance company in Pakistan. EFU Life implemented ILAS in order to overcome the challenge of technical limitations and unavailability of modules. The study conducted a survey of people across all departments in EFU Life to assess the performance of ILAS on the company net benefits. The research framework was formulated based on the Delone Model in the context of Pakistan [13]. This study added the Service Quality to the existing System Quality and Information Quality that are used to gauge the Organizational Impact in the original Delone Model [13]. Moreover, our model also incorporates Top Management Support as an antecedent of Quality, User Satisfaction, and Net Benefit. The ultimate aim is to find a way to enhance Net Benefits. The research argues that improved Quality as a result of Top Management Support reduces /eliminates wastage of resources and helps the organization in achieving profits, hence, the increase in the Net Benefits. It is found that Top Management support enhances user benefit and therefore recommends top managers to be fully involved and support a suitable environment and culture for the positive change in the organization’s image that is extremely important for user satisfaction. It is suggested that there is a need for top managers to arrange resources required by the users and encourage a user-focused organizational environment to promote user satisfaction. Involvement and support of top managers can also make the overall organization succeed, and its evidence can be seen in current research in the form of top management support’s positive effect on the net benefit of organizations.
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spelling doaj.art-6da6d24737bb46c387a109c34a99b1322023-08-17T06:44:42ZengShaheed Zulfikar Ali Bhutto Institute of Science and TechnologyJISR on Computing2412-04481998-41542021-12-0119210.31645/JISRC.55.19.2.7Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in PakistanImran Batada This case study explored the impact of the Individual Life Assurance System (ILAS) on the net benefits of EFU Life, a leading insurance company in Pakistan. EFU Life implemented ILAS in order to overcome the challenge of technical limitations and unavailability of modules. The study conducted a survey of people across all departments in EFU Life to assess the performance of ILAS on the company net benefits. The research framework was formulated based on the Delone Model in the context of Pakistan [13]. This study added the Service Quality to the existing System Quality and Information Quality that are used to gauge the Organizational Impact in the original Delone Model [13]. Moreover, our model also incorporates Top Management Support as an antecedent of Quality, User Satisfaction, and Net Benefit. The ultimate aim is to find a way to enhance Net Benefits. The research argues that improved Quality as a result of Top Management Support reduces /eliminates wastage of resources and helps the organization in achieving profits, hence, the increase in the Net Benefits. It is found that Top Management support enhances user benefit and therefore recommends top managers to be fully involved and support a suitable environment and culture for the positive change in the organization’s image that is extremely important for user satisfaction. It is suggested that there is a need for top managers to arrange resources required by the users and encourage a user-focused organizational environment to promote user satisfaction. Involvement and support of top managers can also make the overall organization succeed, and its evidence can be seen in current research in the form of top management support’s positive effect on the net benefit of organizations. https://jisrc.szabist.edu.pk/ojs/index.php/jisrc/article/view/47Enterprise Resource Planning
spellingShingle Imran Batada
Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
JISR on Computing
Enterprise Resource Planning
title Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
title_full Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
title_fullStr Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
title_full_unstemmed Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
title_short Impact of Individual Life Assurance System (ILAS) on the Net Benefits of EFU Life in Pakistan
title_sort impact of individual life assurance system ilas on the net benefits of efu life in pakistan
topic Enterprise Resource Planning
url https://jisrc.szabist.edu.pk/ojs/index.php/jisrc/article/view/47
work_keys_str_mv AT imranbatada impactofindividuallifeassurancesystemilasonthenetbenefitsofefulifeinpakistan