Customer Knowledge Management Maturity Model for insurance sector

Journal Title: International Research Journal of Applied and Basic Sciences - Year 2016, Vol 10, Issue 7

Abstract

The aim of this paper is to develop a model for identifying the status of customer knowledge management (CKM) in insurance organizations. In this paper, the customer processes in insurance companies identified through interview with several insurance experts. Then we customized the existing CKM maturity model (CKMMM) for insurance industry by integrating the customer processes with the CKMMM. Also a tool was designed based on the created model for measuring CKM maturity in insurance sector. Running the developed model in 10 insurance companies, it was found that most of them were in level 1 or 2 of maturity. We described one of them as an example to show the usage of the model. The proposed model along with its relevant tool helps insurance managers to assess the current maturity of their CKM and take suitable required actions by considering the potential of future growth and moving toward desired status. Moreover, single linear regression was applied for studying the relationship between CKM maturity level and market share. Results confirmed the existence of a correlation between CKM maturity level and market share, thus encouraging for more research about CKM implementation in insurance sector.

Authors and Affiliations

Mina Ranjbarfard| Assistant professor of Alzahra University in the management department. email: mina.ranjbar.ie @gmail.com

Keywords

Related Articles

The effect of the Slow-Stroke back massage on fatigue of dialyzed patients

Fatigue is the most common side effect that is known as one of the most stressful factors, and it is expressed as a debilitating factor, aim of this study was to study the effect of back massage on fatigue in hemodialysi...

Islam viewpoint to the Apostasy with glances in Iran law

Apostasy is as economic, social and political problem since long been discussed in religious circles. However, crisis events in the world and appearance of new flow and procedure in international level from Islam enemy a...

Wastewater treatment by adsorption onto Carpobrotus edulis used as natural adsorbent

The aim of the present paper is to study the efficiency of a new process for wastewater treatment by adsorption onto micro-particles of dry plant using the batch equilibration technique. These micro-particles are obtaine...

A new approach to optimization of generation expansion planning using multi-period multi-objective framework

This paper describes using a new approach to solve multi-period multi-objective optimization of generation expansion planning (MMGEP) problem in deregulated power systems over a long term planning horizon. The model opti...

Comparing linear versus non-linear relationships between accounting variables and stock return of accepted chemical industrial companies in Tehran’s stock exchange

The present research is concerned with comparing linear versus non-linear relationships between accounting variables and stock return of accepted chemical industrial companies in Tehran’s stock exchange in 2006-2011. Acc...

Download PDF file
  • EP ID EP7369
  • DOI -
  • Views 417
  • Downloads 38

How To Cite

Mina Ranjbarfard (2016). Customer Knowledge Management Maturity Model for insurance sector. International Research Journal of Applied and Basic Sciences, 10(7), 938-941. https://europub.co.uk/articles/-A-7369