Insurer Case Studies Samples For Students

Insurable interest

Jeff had an insurable interest in the building at the time of the loss. Jeff owns the building and stores its inventory as well as operating a restaurant in the building. When fire destroyed the building, Jeff suffers a financial loss including the loss of revenue from the restaurant business. Therefore, he has an insurable interest in the building.
Richard does not have an insurable interest in the building at the time of the loss. A person can only have an insurable interest in a property if the loss or damage to the property results in a financial loss ...

There are many types of insurance that are available nowadays. Most of the, however, are reduced to following ones: life, health, auto (vehicle), deposit, property, etc. insurances. (Kunreuther,1996, pp. 35-62 ) The choice you make about insuring something is doubtlessly an exceedingly important choice of your life – what does it depend on?
First off, it depends on the financial situation you find yourself in, possessions you have and risks that you might face. In the present assignment we are to analyze the financial situation of Sally Chan, a Senior Creative Director, living in Malaysia and on the basis of ...

Management Perspectives

The following Case Study will deal with QBE Insurance, revealing and discussing its organizational structure, strategies, role and legitimacy of management and also about the role of ethics and ethical practices.
QBE Insurance is one of the biggest insurance companies in the world with headquarter in Sydney. It works in all main insurance markets with general number of employers 14 500 people in 37 countries of the world. The company is listed in top 20’s largest insurance and reinsurance companies of the world. The major strategy of the company is that how they define it, to bring really ...

As a fundamental of contemporary society, law is crucial in enabling society coexist and interact in an orderly manner. The case in study suggests a typical case scenario where an official happens to be related to a potential case defendant, abate on current bitter terms. This may be a reason for the official’s procedure to prosecute the brother-in-law, bringing about the issue of discretion. It is present when an agency has two or more alternatives, to a given case, with regard to case proceedings and prosecution. In this case under study, it may hold true or not that the official’s brother-in-law is ...

Business Law Case Analysis

FACTS
Green initiated a construction plan of thirty four homes in lee on March of 2004. The homes were to be known as Thurston Woods. In order to construct chimneys for the homes, Green signed a contract with Birch Masonry; experts in chimney constructions. Middlesex Mutual insured all construction works done by Birch Masonry thus assuming liability in case of any liabilities as stipulated in the contract signed between Birch Masonry and their clients. Therefore, in order to do business with Green, Birch ordered their insurer to add Green to the policy as an additional named insured. Mutual complied with ...