ANALYSIS & SURVEY OF COMPANIES IN FOUR HIGH GROWTH INDUSTRY SEGMENTS TO IDENTIFY NEW BUSINESS OPPORTUNITIES FOR INSURANCE BROKERS

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  • 7/29/2019 ANALYSIS & SURVEY OF COMPANIES IN FOUR HIGH GROWTH INDUSTRY SEGMENTS TO IDENTIFY NEW BUSINESS OPPORTUNITIES FOR INSURANCE BROKERS.

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    MARSH 024 January 2013

    OPPORTUNITY

    INSURANCE PENETRATION

    0

    1

    2

    3

    4

    5

    6

    FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

    Life Insurance Penetration inpercentage

    Non life Insurance penetration inpercentage

    Total Industry penetration inpercentage

    Source : Irda annul report 2010 - 1

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    MARSH 124 January 2013

    SECTION 1

    Research to analyze Industry and companies to identify new businessopportunities

    Final result

    SECTION 2

    Survey conducted to elicit risk management strategies by the companies

    Findings and analysis of survey

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    MARSH 224 January 2013

    SECTION-1

    Analysis of companies to Identify new businessopportunities

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    MARSH 324 January 2013

    Hospitality

    Information Technology

    Capital goods

    Engineering Procurement

    Construction & Infrastructure (EPC)

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    MARSH 424 January 2013

    Hospitality

    By 2015, the Indian Hotel Industry is expected to reach Rs 230 billion, growingat a robust CAGR of 12.2%.

    IT

    The domestic IT spends in India is estimated to grow by 13 16 %, CAGR forthe US $ 100 billion Indian IT - BPO industry is projected to be 11 - 14 %despite the dark clouds

    CapitalGoods

    These industries provide goods and services for almost all sectors of theeconomy, including power, rail and road transport These industries providegoods and services for almost all sectors of the

    EPC

    Proposed investments of INR40.9 trillion (an increase of ~100% over theEleventh Five Year Plan) during the Twelfth Five Year Plan indicate that theEPC sector is set to demonstrate corresponding growth

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    MARSH 524 January 2013

    82 companies

    Listed at

    Global Presence

    India Activity

    Headquarters

    Subsidiaries

    Annual InsuranceSpend

    Revenue > Rs500 Cr

    EmployeeStrength > 500

    Business Standard 1000Other Corporate listings

    Dataguru.in

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    MARSH 624 January 2013

    20

    2218

    22

    INFORMATION TECHNOLOGY

    CAPITAL GOODS

    ENERGY PROCUREMENTCONSTRUCTION / INFRADEVELOPERS

    HOSPITALITY

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    MARSH 724 January 2013

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    MARSH 824 January 2013

    SECTION - 2

    Survey to elicit risk managementstrategies adopted by companies.

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    MARSH 924 January 2013

    Survey was administered on a total of 82 companies

    The sample size was the same as previous activity

    Survey was conducted telephonically

    Survey was focused on Employee Benefits

    HR heads and HR executives were contacted

    Decision makers were called and asked about the details

    Questionnaire of fifteen questions

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    MARSH 1024 January 2013

    Q. How do you plan measures for risk mitigation of your company.

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    10.00

    20.00

    30.00

    40.00

    50.00

    60.00

    70.00

    80.00

    90.00

    Hospitality Information technology Capital goods EPC & Infrastructure

    Dedicated in house teams

    Risk Consultants

    Both

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    MARSH 1124 January 2013

    Q. How do you perceive your earlier risk mitigation decisions to have faired ?

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    10.00

    20.00

    30.00

    40.00

    50.00

    60.00

    70.00

    80.00

    90.00

    Hospitality Information technology Capital goods EPC & Infrastructure

    Satisfactory

    Good

    Not Adequate

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    MARSH 1224 January 2013

    Q How has your claim settlement experience been over past years

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    20.00

    30.00

    40.00

    50.00

    60.00

    70.00

    80.00

    Hospitality Information technology Capital goods EPC & Infrastructure

    Satisfactory

    Unsatisfactory

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    MARSH 1324 January 2013

    Q Do you benchmark your cost of risk with other peer organizations

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    10.00

    20.00

    30.00

    40.00

    50.00

    60.00

    70.00

    80.00

    Hospitality Information technology Capital goods EPC & Infrastructure

    Yes

    No

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    MARSH 1424 January 2013

    Thank You