Entrepreneurship And Innovation In Automobile Insurance

Author : Samuel P. Black
Publisher : Routledge
ISBN 13 : 1135659052
Total Pages : 382 pages
Book Rating : 4.59/5 ( download)

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Download or read book Entrepreneurship and Innovation in Automobile Insurance written by Samuel P. Black and published by Routledge. This book was released on 2019-09-30 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance. One of this study's central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black's relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company's growth. A second theme is the automobile's dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

Author : Sabine L.B VanderLinden
Publisher : John Wiley & Sons
ISBN 13 : 1119362202
Total Pages : 888 pages
Book Rating : 4.03/5 ( download)

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Download or read book The INSURTECH Book written by Sabine L.B VanderLinden and published by John Wiley & Sons. This book was released on 2018-04-16 with total page 888 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive compendium for the Insurance Digital Revolution From slow beginnings in 2014, InsurTech has captured US$7billion in investment since 2010 — a 10% annual compound growth rate is predicted until at least 2020. Three in four insurance companies believe some part of their business is at risk of disruption and understanding the trends, drivers and emerging technologies behind Insurance’s Digital Revolution is a business-critical priority for all growth-minded firms. The InsurTech Book offers essential updates, critical thinking and actionable insight — globally — from start-ups, incumbents, investors, tech companies, advisors and other partners in this evolving ecosystem, in one volume. For some, Insurance is either facing an existential threat; for others, it is a sector on the brink of transforming itself. Either way, business models, value chains, customer understanding and engagement, organisational structures and even what Insurance is for, is never going to be the same. Be informed, be part of it. Learn from diverse experiences, mindsets and applications of technologies Discover new ways of defining and grasping growth opportunities Get the inside track from innovators, disruptors and incumbents Be updated on the evolution of InsurTech, why it is happening and how it will evolve Explore visions of the future of Insurance to help shape yours The InsurTech Book is your indispensable guide to a sector in transformation.

Author : Bernardo Nicoletti
Publisher : Springer
ISBN 13 : 1137553278
Total Pages : 382 pages
Book Rating : 4.70/5 ( download)

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Download or read book Digital Insurance written by Bernardo Nicoletti and published by Springer. This book was released on 2016-01-26 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the ways in which the adoption of new paradigms, processes, and technologies can lead to greater revenue, cost efficiency and control, as well as improved business agility in the insurance industry.

Author : Bernard L. Webb
Publisher : Georgia State University Press
ISBN 13 : 9780884060611
Total Pages : 49 pages
Book Rating : 4.16/5 ( download)

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Download or read book Collective Merchandising of Automobile Insurance written by Bernard L. Webb and published by Georgia State University Press. This book was released on 1969 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Richard M. Ondimu
Publisher : GRIN Verlag
ISBN 13 : 3668577862
Total Pages : 19 pages
Book Rating : 4.62/5 ( download)

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Download or read book Impact of Self-driving cars on Insurance Industry. How do (external) challenges and innovations change the insurance market? written by Richard M. Ondimu and published by GRIN Verlag. This book was released on 2017-11-23 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: Studienarbeit aus dem Jahr 2016 im Fachbereich BWL - Bank, Börse, Versicherung, University of Westminster, Veranstaltung: MSc Finance, Banking and Insurance, Sprache: Deutsch, Abstract: The future may be uncertain and hard to predict, but it should not be hard to prepare for. Internet and other digital platforms have transformed the way people interact and how they do business in almost all sectors of the economy. This has led to far-reaching challenges and innovations that could have an impact on both current and future of numerous economic sectors. In insurance, for instance, a sector which has remained largely the same for more than three decades, it has a great influence on its value chain right from production, sales and distribution to claims and payments. This report examines self-driving cars, a digital innovation involving vehicles with the capacity to sense their environment and navigate through the pathways without human driver inputs. Their ability to analyze sensory data that in return enables them distinguish between different cars in the road increases driving efficacy and as a result likely to alter current state of both automobile and life insurance industry substantially because of the likelihood that their adoption will significantly reduce the number of traffic accidents as majority of road accidents traditionally are perceived to be caused by driver error/negligence consequently shrinking insurance bills and claims for customers. This study further examines how this innovation (autonomous cars) would influence insurance markets/business while exploring the various responses which the insurance industry has/will put in place to help cope with these changes in the future to enable them to remain sustainably relevant in the market.

Author : Daniela Andreini
Publisher : Springer
ISBN 13 : 3319533517
Total Pages : 185 pages
Book Rating : 4.13/5 ( download)

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Download or read book Business Model Innovation written by Daniela Andreini and published by Springer. This book was released on 2017-02-28 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents a systematic literature review of 156 published papers on business model innovation (BMI). The aim is to identify and integrate the different theoretical perspectives, analytical levels, and empirical contexts in order to deepen understanding of this complex phenomenon. The authors conduct an inductive thematic analysis based on an informal ontological classification that identifies 56 key themes. Within each theme, discussion focuses on thematic patterns, potential inconsistencies and debates, and future directions and opportunities for research. The book makes a number of significant contributions to the field. First, it offers a deeper understanding of the evolution of research on BMI through an ontological map that identifies the key thematic areas in the literature. Second, a multilevel model is developed that clarifies the concept of BMI by identifying its drivers, contingencies, and outcomes. Third, the authors identify clear and specific directions for further research and offer suggestions on research design, creating an informative road map for the future. The book will be of value both to scholars and researchers and to practitioners.

Author : Ayandibu, Ayansola Olatunji
Publisher : IGI Global
ISBN 13 : 1799831736
Total Pages : 422 pages
Book Rating : 4.30/5 ( download)

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Download or read book Reshaping Entrepreneurship Education With Strategy and Innovation written by Ayandibu, Ayansola Olatunji and published by IGI Global. This book was released on 2020-10-02 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: New small business owners are constantly pressured to play a major role in the economic growth of their respected nation. However, revitalizing how individuals think, research, teach, and implement performance strategies to improve the operations of these small businesses is critical to entrepreneurial success. Reshaping Entrepreneurship Education With Strategy and Innovation is an essential reference source that discusses strategies to overcome performance barriers as well as implementation of effective entrepreneurial processes based on a wide range of global issues. Featuring research on topics such as authentic leadership, business ethics, and social entrepreneurship, this book is ideally designed for entrepreneurs, business professionals, scholars, researchers, students, and practitioners seeking coverage on innovative performance operations of small businesses.

Author : Robin Lowe
Publisher : Routledge
ISBN 13 : 1136405712
Total Pages : 471 pages
Book Rating : 4.16/5 ( download)

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Download or read book Enterprise: Entrepreneurship and Innovation written by Robin Lowe and published by Routledge. This book was released on 2012-06-25 with total page 471 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enterprise, Entrepreneurship and Innovation: Concepts, Contexts and Commercialisation provides readers with an accessible and readable introduction to the various dimensions of entrepreneurship and market innovation. It has a clear structure that is easy for the reader to follow and it focuses on enterprising behaviour. The text contains: * case studies and ‘pause and reflect’ situations for the entrepreneur to deliberate on the information they have available before making their decision. This helps to emphasise the point that there are few simple and straightforward decisions closely reflecting decisions in ‘real life’. * integrative personal development activities that provide a basis for readers to reflect on the learning of the chapters and develop a personal development strategy to increase their ability to become more entrepreneurial and improve their ability to manage market innovation. * an accompanying website giving students and lecturers access to additional resources in order to explore the subject further. A full set of powerpoint slides plus exercises is included, plus suggestions for the use in class of the case studies and other illustrations. Students can access further learning resources to build up their knowledge of innovation situations using the hotlinks to useful websites that will add further depth and bring up to date the case studies and illustrations. Enterprise, Entrepreneurship and Innovation: Concepts, Contexts and Commercialisation shows: * how to understand and acquire the entrepreneur’s skills, attitudes and knowledge * the techniques needed to generate new business and create a new organisation * how to become more innovative, self reliant, and opportunistic. * the learning and decision-making processes of entrepreneurs

Author : Bastian Halecker
Publisher : Cuvillier Verlag
ISBN 13 : 3736982887
Total Pages : 250 pages
Book Rating : 4.88/5 ( download)

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Download or read book New Perspective and Insights on Business Model Innovation using Systems Thinking and Action Case Studies written by Bastian Halecker and published by Cuvillier Verlag. This book was released on 2016-07-07 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 20th century, the dominance of firms in a market was based mainly on scale and large resources (George & Bock 2011). In contrast, firm success in the 21st century is influenced less by arguments about economies of scale in production and distribution (McQuivey 2013; Jin Zhang et al. 2015). It has become more important to explore novel ways of engaging customers and getting them to pay (Baden-Fuller & Mangematin 2015). This is the age of the customer, and customers alone dominate the purpose of business (e.g., Morris et al. 2005; Johnson et al. 2008).

Author : Diego Matricano
Publisher : Academic Press
ISBN 13 : 0128187379
Total Pages : 160 pages
Book Rating : 4.71/5 ( download)

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Download or read book Entrepreneurship Trajectories written by Diego Matricano and published by Academic Press. This book was released on 2020-01-07 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurship Trajectories: Entrepreneurial Opportunities, Business Models, and Firm Performance explores several entrepreneurship trajectories recognized by economists and entrepreneurs. It is not possible to talk about growth paths addressed by entrepreneurial ventures without recalling the business model and the type of entrepreneurial opportunity at their foundations. Diego Matricano assumes that the growth paths addressed by entrepreneurial ventures depend on both effective business models and promising opportunities. This pragmatic guide illuminates the entrepreneurial trajectories linking opportunities, business models, and growth paths, offering complete and nuanced views through its extensive use of case studies. Defines both theoretically and empirically the entrepreneurship trajectories that entrepreneurs can address Provides cases and data about ongoing startups from official websites such as Global Entrepreneurship Monitor, US Census Bureau, and Eurostat Describes a comprehensive view of entrepreneurship trajectories that link entrepreneurial opportunities, business models, and growth paths