Reports Outline Sustainability Research Research from University Indonesia (Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process): Sustainability Research

2023 OCT 10 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A new study on sustainability research is now available. According to news reporting out of Depok, Indonesia, by NewsRx editors, research stated, “This study aims to determine the right strategy for fire insurance companies.”

The news journalists obtained a quote from the research from University Indonesia: “This study also discusses policy endorsement in underwriting process. The research method uses descriptive qualitative analysis and SWOT analysis. This research was conducted by collecting data consisting of primary and secondary data. The total score of the IFE matrix is 2.87. The EFE matrix is 3.342. The endorsement policy is in cell II (grow and build).”

According to the news reporters, the research concluded: “The strategy that can be applied is an intensive strategy which includes market penetration, market development and product development. It also uses an integrated strategy that includes backward integration, forward integration, and horizontal integration.”

For more information on this research see: Sustainability Analysis of Fire Insurance Companies in Indonesia: The Policy Endorsement Underwriting Process. Proceedings, 2022,83(41):41. (Proceedings - http://www.mdpi.com/journal/proceedings). The publisher for Proceedings is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/proceedings2022083041.

Our news editors report that additional information may be obtained by contacting Debrina Vita Ferezagia, Vocational Education Program, University Indonesia, Depok 1624, Indonesia. Additional authors for this research include Endah Meisya Indriani, Lusy Lustria.

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