Insurance services account for a major component of the tertiary sector of an economy. Hence, a vibrant insurance industry can substantially contribute in accelerating the growth rate of the economy. The various aspects of insurance industry include, inter alia, marketing strategies, product designing, product pricing, risk management and the use of information technology. This dictionary is designed to provide a useful, reliable and readable guide to insurers, researchers, analysts, policy makers and all those who are interested in the insurance industry. Both beginners and seasoned professionals will find it full of indispensable facts.
This book provides broad coverage of the terminology employed in insurance, including legal and financial terms likely to be used in everyday insurance activities. It is an indispensable guide to practitioners in insurance seeking a quick introduction to, or revision of a topic. Business advisers and other non-specialists will also find it helpful as a starting point on insurance problems. It contains in-excess of 4,500 fully cross-referenced insurance and insurance related terms, abbreviations, special terms and useful addresses, there will also be a detailed section on regulatory issues, containing several specimen policy forms illustrating terms in context of the respective policy.
This book contains new risk management terms, and up to date regulatory and compliance matters, legal cases, and policies. The Dictionary of Insurance provides a quick and comprehensive reference to help students, insurance practitioners and commercial insurance buyers through the modern maze of financial and risk management terms. It will also provide consumers with a better understanding of the insurance products they may buy.
This dictionary is designed to provide a useful, reliable and readable guide to insurers, researchers, analysts, policy makers and all those who are interested in the insurance industry. Both beginners and seasoned professionals will find it full of indispensable facts.