Case competition low insurance penetration rate in rural market insurance complete deck

Slide 1: This slide is titled “Case Competition - Low Insurance Penetration Rate in Rural Market Insurance.” Give your company name and get started.
Slide 2: This slide is titled “Table of Contents.” It includes Householders Possessing Insurance Policies, Distribution Network of Insurance Companies, Expansion to Rural Areas by Insurance Firms, Factors Affecting Insurance Sector, etc.
Slide 3: This slide is titled “Decline in Rural Insurance Penetration.” It shows the graph that represents the decline in rural insurance penetration rate (in percentage) and the key intakes and forecasted decline mark.
Slide 4: This slide is titled “Householders Possessing Insurance Policies.” This presentation shows the Insurance policies which are held by the householders with their income and percentage of not holding insurance householders.
Slide 5: This slide is titled “Householders Possessing Insurance Policies.” This presentation shows the Insurance policies which are held by the householders with their income and percentage of not holding insurance householders.
Slide 6: This slide is titled “Distribution Network of Insurance Companies.” This presentation shows the distribution network of insurance companies (Private and Government) which are categorized as Rural, Urban, Semi-Urban, and others.
Slide 7: This slide is titled “Reasons Behind Low Penetration Rate of Insurance in Rural Areas.” It shows the reasons for the low penetration rate of insurance in rural areas which include the unavailability of products, traditional mindset, lack of trust by consumers, etc.
Slide 8: This slide is titled “Expansion to Rural Areas by Insurance Firms.” It shows the reasons to expand their operations in rural areas which include the large size population, rising rural prosperity, rise in income, etc.
Slide 9: This slide is titled “Factors Affecting Insurance Sector.” It shows the factors which influence the insurance companies in rural areas which include Market size, Investments, and Government initiatives.
Slide 10: This slide is titled “Challenges in the Rural Life Insurance Sector.’ It shows the challenges faced by the insurance companies in rural areas which includes remote areas, unfamiliar with policies, product design, little choices, etc.
Slide 11: This slide is titled “Ways to Increase the Penetration Rate.’ It shows the various ways to increase the penetration rate of insurance in rural areas which includes Product awareness, Education and Motivation, Distribution, Post-selling services, etc.
Slide 12: This slide is titled “Companies that Offers Rural Insurance Policies.” It shows the details about the companies which offer insurance policies in rural areas with their details, net earned premium, etc.
Slide 13: This slide is titled “SWOT Analysis: Low Penetration Rate in Rural Market Insurance (1/4).” It shows the strength of the company which includes a Strong brand portfolio, High customer satisfaction, Training, and development, etc.
Slide 14: This slide is titled “SWOT Analysis: Low Penetration Rate in Rural Market Insurance (2/4).’ It shows the weaknesses of the company which include Requiring more investment in new technology, Lack of financial planning, etc.
Slide 15: This slide is titled “SWOT Analysis: Low Penetration Rate in Rural Market Insurance (3/4).” It shows the opportunities related to insurance in rural areas which includes new consumers from online channels, new taxation policies, etc.
Slide 16: This slide is titled “SWOT Analysis: Low Penetration Rate in Rural Market Insurance (4/4).” It shows the threats related to the insurance sector in rural areas which include intense competition, new technologies, etc.
Slide 17: This slide is titled “Competitive Analysis.” It shows the competitive analysis of the companies which deal in insurance plans with scheme names, policy term, coverage, etc.
Slide 18: This slide is titled “Strategy 1: Increase Awareness About Insurance Companies in Rural Areas.” It shows the strategy to increase the penetration rate of insurance in rural areas which includes educating the rural people and how to do that and what steps to be taken.
Slide 19: This slide is titled “Strategy 1: Increase Awareness About Insurance Companies in Rural Areas.”
Slide 20: This slide is titled “Strategy 2: Customization of Insurance Products.” It shows the strategy to increase the penetration rate of insurance in rural areas which includes customizing the insurance policies according to the needs with key steps taken.
Slide 21: This slide is titled “Strategy 3: Public Relation Approach.” It shows the strategy to increase the penetration rate of the insurance sector in rural areas which include focusing on public relations with key steps taken.
Slide 22: This slide is titled “Key Performance Indicators (1/2).” It shows the key performance indicators which include the number of insurance policies sold, number of households, the total number of private companies, etc.
Slide 23: This slide is titled “Key Performance Indicators (2/2).’ It shows the Key performance indicators which help the company to achieve its targets which include the total number of customers, customer satisfaction level, geographical coverage, etc.
Slide 24: This slide is titled “Strategy Implementation Timeline.” It shows the strategy implementation timeline for the year which covers the market survey, customer engagement, team management, etc.
Slide 25: This slide is titled “Strategy Implementation Timeline.” It shows the strategy implementation timeline for the year which covers the market survey, customer engagement, team management, etc.
Slide 26: This slide is titled “Cost Estimation for Strategy Implementation.” It shows the cost estimation to implement the strategy which covers surveys in rural areas, geographical coverage, price analyzing strategy, etc.
Slide 27: This slide is titled “Profitability Analysis.” It shows the profitability analysis after implementing the strategy which includes revenue after implementation, total cost, profit, etc.
Slide 28: This slide is titled “Major Risk and Mitigation Strategies.” It shows the major risks i.e. unaware of insurance policies, product customization, market risk, etc, with their mitigation strategies.
Slide 29: This slide is titled “Forecasted Penetration Rate: After Successful Strategy Implementation.” It shows the forecasted penetration rate after the successful implementation of the strategies which shows the increase in penetration rate with key intakes.
Slide 30: This slide is titled “Forecasted Policies and Claims Data: After Successful Strategy Implementation.” It shows the forecasted policies and claims data after the successful implementation of the strategies which includes policies sold, GWP, average premium, etc.
Slide 31: This slide is titled “Dashboard.” It shows the dashboard related to an insurance company which includes sales per broker, average time to settle by policy type, sales growth, etc.
Slide 32: This slide is titled “Case Competition-Low Insurance Penetration Rate in Rural Market Insurance for Icons Slide.” Use the icons as per your requirements.
Slide 33: This slide is titled “Additional Slides.”
Slide 34: This slide is titled “Area Chart.” Analyze your products for different fiscal years.
Slide 35: This slide is titled “Clustered Column.” This graph/chart is linked to excel and changes automatically based on data. Just left-click on it and select “Edit Data”.
Slide 36: This slide shows the members of the company team with their name, designation, and photo.
Slide 37: This slide provides the Mission for the entire company. This includes the vision, the mission, and the goal.
Slide 38: This slide contains the information about the company aka the ‘About Us’ section. This includes the Value Clients, the Target Audience, and Preferred by Many.
Slide 39: This is a slide with a 30-60-90-Days Plan to set goals for these important intervals.
Slide 40: This slide is titled “Goal.” Add goals as per your long-term and short-term goals.
Slide 41: This slide is titled “Post it Notes.” Add your ideas in this template.
Slide 42: This slide is a Roadmap template to showcase the stages of a project. Add your product strategy here.
Slide 43: This slide provides a Venn diagram that can be used to show interconnectedness and overlap between various departments, projects, etc.
Slide 44: This is a Thank You slide where details such as the address, contact number, and email address are added.