Entrepreneurship on a viable business model for micro insurance industry
Micro insurance industry has evolved in the past few years. Its characteristics are low premium and low cover limit. It targets the poor people who cannot afford the high premium. Recently, successes have been reported, but mostly with the subsidies either from government or charity organizati...
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2009
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| Online Access: | http://hdl.handle.net/10356/16621 |
| _version_ | 1826124785126473728 |
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| author | Mohamed Amin Mohamed Hussain @ Daniel Hussain. |
| author2 | Fan Sau Cheong |
| author_facet | Fan Sau Cheong Mohamed Amin Mohamed Hussain @ Daniel Hussain. |
| author_sort | Mohamed Amin Mohamed Hussain @ Daniel Hussain. |
| collection | NTU |
| description | Micro insurance industry has evolved in the past few years. Its characteristics are low premium and low cover limit. It targets the poor people who cannot afford the high premium. Recently, successes have been
reported, but mostly with the subsidies either from government or charity
organizations. However, the market is huge, and viable business model could be developed. Methodology, it is through case study and survey. To start, a business model parallel of the budget airlines will be studied. It is to cut cost. Secondly, risk assessment will be conducted through searching available data. Thirdly, risk management will be built up to help setting the premium. Finally, its viability will be studied. |
| first_indexed | 2024-10-01T06:26:01Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/16621 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T06:26:01Z |
| publishDate | 2009 |
| record_format | dspace |
| spelling | ntu-10356/166212023-03-03T16:50:56Z Entrepreneurship on a viable business model for micro insurance industry Mohamed Amin Mohamed Hussain @ Daniel Hussain. Fan Sau Cheong School of Civil and Environmental Engineering DRNTU::Business::Finance::Insurance Micro insurance industry has evolved in the past few years. Its characteristics are low premium and low cover limit. It targets the poor people who cannot afford the high premium. Recently, successes have been reported, but mostly with the subsidies either from government or charity organizations. However, the market is huge, and viable business model could be developed. Methodology, it is through case study and survey. To start, a business model parallel of the budget airlines will be studied. It is to cut cost. Secondly, risk assessment will be conducted through searching available data. Thirdly, risk management will be built up to help setting the premium. Finally, its viability will be studied. Bachelor of Engineering 2009-05-27T07:20:17Z 2009-05-27T07:20:17Z 2008 2008 Final Year Project (FYP) http://hdl.handle.net/10356/16621 en Nanyang Technological University 81 p. application/pdf |
| spellingShingle | DRNTU::Business::Finance::Insurance Mohamed Amin Mohamed Hussain @ Daniel Hussain. Entrepreneurship on a viable business model for micro insurance industry |
| title | Entrepreneurship on a viable business model for micro insurance industry |
| title_full | Entrepreneurship on a viable business model for micro insurance industry |
| title_fullStr | Entrepreneurship on a viable business model for micro insurance industry |
| title_full_unstemmed | Entrepreneurship on a viable business model for micro insurance industry |
| title_short | Entrepreneurship on a viable business model for micro insurance industry |
| title_sort | entrepreneurship on a viable business model for micro insurance industry |
| topic | DRNTU::Business::Finance::Insurance |
| url | http://hdl.handle.net/10356/16621 |
| work_keys_str_mv | AT mohamedaminmohamedhussaindanielhussain entrepreneurshiponaviablebusinessmodelformicroinsuranceindustry |