the story of artist

INTRODUCTION
 Insurance is a form of contract or agreement under one party agrees in return of a consideration to pay an agreed amount of money to another

party to make goods for a loss, damage, injury to something of value
 Insurance, in law and economics, is a form of risk management primarily

used to hedge against the risk of a contingent loss.  Insurance is defined as the equitable transfer of the risk of a potential loss,

from one entity to another, in exchange for a premium.  Insurance rate is a factor used to determine the amount, called the

premium, to be charged for a certain amount of insurance coverage  Risk management, the practice of appraising and controlling risk, has

evolved as a discrete field of study and practice

TYPES OF INSURANCE
1. LIFE INSURANCE
  Term life insurance Permanent life insurance 2. GENERAL INSURANCE  Property insurance

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Fire insurance
Marine insurance Accident insurance

AVIVA INDIA
 A joint venture between Dabur & AVIVA.

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Dabur India is a 120 year old leading FMCG company with turnover of over 1400 crores.
One of the first foreign insurance companies to open their representative office in india(1995).

OBJECTIVE

AVIVA GUIDING PRINCIPLES
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Recruit the best
Accept personal responsibility Build an empowered team

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Building a shared vision and purpose
Leadership Development Reward and Recognition

STRENGTH  Insurance has good current market  Patents  Premium & commission rates are increasing  Variety of product is increasing  IT bringing new directions to insurance sector OPPORTUNITIES Technology is improving paperless transactions are available • Busy life, customers need flexible and

WEAKNESS  Insurance companies are often slow to respond to changing needs  Buying insurance policy is a cumbersome process  Products or services similar to competitors THREATS

customizable policies

 Dabur is the country’s leading producer of traditional

 health care products