Business Process Re-Engineering in Insurance Industry and its Cost Implications

Authors

  • Mahasweta Bhattacharya Santipur College, Nadia

DOI:

https://doi.org/10.33516/maj.v49i1.46-54p

Abstract

In the intensely competitive insurance market, differentiation through innovative technologies like BPR is an important and effective way of strategic cost management to maintain or increase market share and profitability. Most of the challenges faced by Indian insurance companies are low market penetration, increasing competition, slackening product demand, tight credit controls, deregulation of the insurance sector, the collapse in the global economy and volatile investor confidence.

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Published

2014-01-01

How to Cite

Bhattacharya, M. (2014). Business Process Re-Engineering in Insurance Industry and its Cost Implications. The Management Accountant Journal, 49(1), 46–54. https://doi.org/10.33516/maj.v49i1.46-54p

Issue

Volume 49, Issue 1, January 2014

Section

Cover Story
Crossref
Scopus
Google Scholar
Europe PMC

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