Wednesday, June 29, 2011

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New India Assurance tops auto insurance survey


Public sector insurer New India Assurance has been ranked top, while Anil Ambani group's Reliance General is at 10th in a customer satisfaction survey of auto insurance firms by market research firm JD Power.

Measured in a 1,000-point scale, the study that took into account 15 companies saw the top two places being occupied by nationalised firms.

"New India Assurance ranks highest in satisfying auto insurance customers in 2011, achieving a score of 804 and performing particularly well in the renewal/purchase process factor," JD Power said in a statement.

According to the 2011 India Auto Insurance Customer Satisfaction Index Study, customer satisfaction with auto insurance providers has an impact on consumers' intent to renew their policies and to purchase policies from the same provider for their next vehicle.

"Following New India Assurance in the ranking is The Oriental Insurance, which achieves a score of 802 and performs well in the billing and payment process and renewal/purchase process factors," the survey said.
The third place has been occupied by the private sector entity ICICI Lombard with a score of 801, it added.

The auto insurance customer satisfaction index chart, where four PSU firms have found berths, ranked Reliance General Insurance at the 10th with a score of 781.

The other insurance firms that have also been mentioned in the list are Tata AIG General (4th), National Insurance (5th), Royal Sundaram( 6th), United India (7th), Bajaj Allianz General (8th) and HDFC Ergo (9th).

"It becomes particularly important for insurers to ensure better customer management at branch offices, especially in terms of understanding needs and requirements, providing clear explanations of policy coverage, and courtesy and friendliness," JD Power Asia Pacific Executive Director Mohit Arora said.

As per the study, the overall satisfaction level stood at 796 in 2011, 8 points lower than that of 2010.

"The interaction factor declines most notably, decreasing by 28 points from 2010. Within this factor, satisfaction with branch office interactions has declined the most, followed by interactions with independent agents and brokers," it added.

The study was done amongst 5,284 auto insurance customers and it was based on six factors -- interaction, claims, product and policy offerings, renewal and purchase process, billing and payment process, and premium and price for coverage offered. Read More

Govt insurers rank high on client satisfaction in motor insurance


Government-owned non-life insurance companies fare better in customer satisfaction of motor insurance policyholders than their private peers. New India Assurance was ranked the highest in satisfying auto insurance customers followed by Oriental insurance and ICICI Lombard, according to a study done by JD Power Asia Pacific.

The 2011 India Auto Insurance Customer Satisfaction Index Study in its third year examined motor insurance policyholder’s experience with their insurer on six factors: interaction, claims, product/policy offerings, renewal/purchase process, billing and payment process, and premium/price for coverage offered.

It was based on responses from 5,284 customers in 20 cities across India who renewed or purchased an auto policy between January 2010 and April 2011 and had between 2.5 and 3.5 years of vehicle ownership experience. The study included 15 non-life insurance companies (11 private and the four government-owned public insurers).

The study found that although satisfaction with public insurers, as a whole remained higher than that of private insurers in 2011, the satisfaction level with public insurers decreased by 17 points from 2010, while satisfaction with private insurers improved marginally by three points. However, effective communication with customers remained a concern for both public and private insurers.

New India Assurance ranked highest in 2011 achieving a score of 804 out of 1000 point scale and performing particularly well in the renewal/purchase process factor followed by Oriental Insurance which achieved a score of 802 and performed well in the billing and payment process and renewal/purchase process. On the third place was ICICI Lombard with a score of 801.

The study however said that the overall customer satisfaction with insurance companies has declined from last year on the interaction parameter. Within this factor, satisfaction with branch office interactions declined the most, followed by interactions with independent agents and brokers.

The proportion of customers visiting insurer’s branch office nearly doubled in 2011 compared with 2010. In 2011, 46 per cent of customers indicated renewing or purchasing their policies from the branch offices. In contrast, fewer than one-fourth of customers in 2010 (24 per cent) had said the same.

“Therefore, it becomes particularly important for insurers to ensure better customer management at branch offices, especially in terms of understanding needs and requirements, providing clear explanations of policy coverage, courtesy and friendliness,” said Mohit Arora, executive director at JD Power Asia Pacific.

The study found wide variation between regions in the proportion of customers who filed claims. Approximately one-fourth of customers in the south and east regions filed a claim with their insurer in 2011, compared with less than 15 per cent of customers in the north and west regions.

Claims satisfaction was highest among customers in the north region. Customer satisfaction with insurance providers has an impact on their intent to renew their current policies and to purchase from the same insurer for their next vehicle. Read More

azkals vs sri lanka result* (azkals vs sri lanka, azkals vs sri lanka live stream, azkals vs sri lanka score, azkals vs sri lanka live, azkals)

MANILA, Philippines - If it were the strongest Philippine football team assembled, it wasn’t on full display last night as the Azkals salvaged a 1-1 draw against Sri Lanka in the 2014 Fifa World Cup Asian Qualifiers in Colombo.

Seemingly slowed down by unfamiliarity with the hard surface of the Sugathadasa Stadium’s pitch, the Azkals fell behind by goal and needed a header from substitute Nate Burkey (50’) and a great save from goalie Neil Etheridge in stoppage time to escape with the draw heading into Sunday’s second leg in Manila.

“Overall, we’re happy with the 1-1 result. At least we’re playing on Sunday without a deficit,” said Philippine Football Federation president Mariano Araneta, who only watched the game on TV.

A 1-1 scoreline is surely more favorable for the Filipinos than an 0-1 deficit when they play again at the Rizal Memorial Stadium on Sunday. A scoreless draw will be enough to earn the Azkals a berth in the second round against seeded Kuwait by virtue of winning on the away goal.

“With this, Sri Lanka will no longer play defensive (in the Manila game), they will surely go for goals and this will open up the game and I’m sure the Azkals will benefit from this, having the superior skills overall,” Araneta said.

If Sunday’s match ends up in another 1-1 draw, a 30-minute extension will ensue to settle the outcome of the tie. But if it winds up at 2-2, the Brave Reds will advance owing to higher away goals.

“We’ll go for a win to avoid complications,” the PFF head said.

The Azkals, having hard time adjusting to the hard field, played sluggishly in the first half, yielding a goal on the 43rd when Chathura Guranarathna blasted a 30-yard shot past the Phl wall off a free kick.

Fil-Am Burkey was at the right place at the right time in a key situation at the 50th, just 10 minutes after checking in for injured Phil Younghusband (hamstring). James Younghusband’s header off Chieffy Caligdong’s free-kick was partly deflected by Sri Lanka goalie Manjula Fernando but Burkey followed it up and headed it in for the equalizer.

“The team was quite sluggish in the first half, I would say they only showed 60 percent of their power. But they picked up in the second half and played 80 percent of their potential,” Araneta noted.

“They haven’t adjusted fully to the field, which you can see is really bad. They couldn’t really play well on that pitch. This was evident when Chieffy was going on a one and one and couldn’t control the ball because of the different bounce presented by the field,” Araneta added.

The Azkals nearly blew it on stoppage time when Anton Nimal Fernando found a clear path for a shot but Etheridge lunged and tapped it out. Read More

singapore flyer printing* (Verz printing is a professional printing company)


There is no dearth of printing companies in the market. From national to international, from online to local company. However no printing company can be the same in terms of quality, design and service. Before selecting any printing company the client should first look after the exemplification of printed materials. Printing company can be approached by the people for the family occasions and if you are running a business then you need to be extra careful about the quality and how they there work. Ask for the samples as it will you an insight into the kind of work they execute out. If still you are not satisfied with the work come out and cross-examine about the printing company from your friends colleagues. After you are done with the hunting. 

Try being specific about the kind of work you want to take out from the company. If you are not able to make the company understand your requirements, you can also get recommendations from the printer whom you have approached for the service. They can explain you on the basis of particular industry standards. There are some companies who are incapable in providing the best printing services despite shelling out hefty amount. Remember your selection of the appropriate company can either get your sales up or put it down considerably because of the poor marketing strategy.

There are aplenty of printing services that can leave you baffled and overwhelmed. A reliable printing company can definitely earn riches and great success. Verz printing services is specially formulated for the small and medium sized business entrepreneurs. There various methods through which you can get cheap yet good quality booklet printing. To make your booklet more attractive and portable ask the company to make it small and alluring as we all know good things comes in small package. Booklet printing is used for wide and extensive market coverage. The focus should be in style and quality of the paper which should be nice and glossy. For lengthier crusade the paper should contain durability. To accomplish your goals of success use thicker booklets with strong messages engraved in it, so that it will appeal to the prospective customer convincingly. Smaller booklet printing makes it handy and easy to go through the contents. As well it will occupy smaller place to fit in in the customers pocket.

With the advent of online marketing businessmen are shying away from the catalog printing. Because of the preconceived notion, they think that it will consume more money and deliberately skipfrom usingthe catalog printing. Instead of going for the cheap catalog printing go for the expensive ones, which will not compromise with the quality and you can distribute it far and wide with confidence. If you want to cut down on expenses then curtail your expenditure on hiring the professional help and the professional fees are itself so higher that you start perspiring. A good printing company itself has technical and expert people to deal with your requirements and demands. So ahead and prove yourself to be a good businessmen. Read More

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