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Web Based Application For Insurance Services Case Study Of The Insurance Company
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DEFINITION OF TERMS/VARIABLE USED
INSURANCE: A promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect human lives.
POLICY: rule that guide certain operation.
SERVICE: A type of economic activity that is intangible is not stored and does not result in ownership. A service is consumed at the point of sale.
COMPANY: A voluntary association formed and organized to carry on a business. Types of companies include sole proprietorship, partnership, limited.
APPLICATION: Computer based software used to perform certain functions.
WEB BASE: Access only from the internet
MODERN: new age with different approach of doing things
STRATEGY: Method applied in doing certain work
QUALITIES: great features of certain entity that differentiate others.
ORGANIZATION: A cooperative society with equal motive and goal.
REMOTE LOCATION: Anywhere around with access to internet
ACCESS: Authorization to gain entrance.
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe present system of the insurance companies is characterized by the manual method as a result serious threat has been posed to the operation of the service and too much workload on the staffs. The manual method involves the marketing staffs moving from one location to the other to meet up with the requirement of their broker and also the files and data of their broker are stored in cabinet which are easily destroyed by rodents. With regards to this method the insurance computer applica ... Continue reading---
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ABSRACT - [ Total Page(s): 1 ]ABSTRACTThe present system of the insurance companies is characterized by the manual method as a result serious threat has been posed to the operation of the service and too much workload on the staffs. The manual method involves the marketing staffs moving from one location to the other to meet up with the requirement of their broker and also the files and data of their broker are stored in cabinet which are easily destroyed by rodents. With regards to this method the insurance computer applica ... Continue reading---