Evaluation of competitiveness factors of insurance companies

2019

Full text Open access: Gold Metadata (CSL-JSON)
DOI 10.9770/jesi.2019.7.1(50)
Data confidence 70 medium
How this score is calculated

It is built from checkable properties of the record itself: whether the article has a DOI, how many independent sources confirmed its data, whether the required fields are filled in, and how recent the latest confirmation is. Disagreement between sources and a missing identifier lower it. A value of 80 or above means the record was published without further checking; 60 to 79 means it is published at reduced confidence, with a manual check advisable. A record verified by an editor by hand is never pushed below 90 by a recalculation. This scores our data about the article, not the article itself.

Abstract

The effective functioning of the insurance market is one of the internal factors of the progressive development of the domestic economy.The role of insurance is constantly increasing, because insurance reduces risks in all spheres of economic activity, guarantees the preservation of income and savings, provides the ability to use the available funds of the insurance fund as an additional source of investment.Comparative analysis of the concepts of competitiveness and existing methods of assessing the level of competitiveness suggests that the concept of competitiveness is perceived by many scientists, experts, is ambiguous, has a rather broad interpretation.At the present stage, in the conditions of integration, a study of the competitiveness of insurance companies is relevant.This article discusses the theoretical aspects of ensuring the competitiveness of insurance companies, in particular, gives a generalized description of the concept of competitiveness, considers a methodology for assessing the competitive advantages of insurance companies, identifies factors and basic conditions for its provision.Benefits of insurance organizations through a "polygon is competitive STI "demonstrates the competitive position of companies in the market of insurance uslug.On the basis of this methodology analyzes Kazakh activity of insurance companies, determined by their development problems and propose a set of measures aimed at solving problems that are fundamentally important for the successful operation of insurance companies.