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

To ensure the criminal justice by Interaction of two wings of the Justice Angel (Judge and lawyer)

One of the aspects of criminal justice in modern societies is the lawyers' participation in the preliminary investigation and trial. Diversity and density of activities process in the courts, has often limited opportunit...

Post Ped-model analysis and study of Correspondent University Staffs' Performance

participation in decision-making, measuring performance explicit emphasis on outputs and outcomes, emphasizing Anzba financial condition can be attributed to redesign government organizations, especially universities Nvr...

The relationship organization entrepreneurship with organizational culture (A case study of staffof Poldokhtar PNU University)

Knowledge of organizational culture in relation to entrepreneurship in universities, in addition to which will help managers to provide a suitable environment for your employees, but it provide background that officials...

Pathology of the interaction of legal, social and youth

Love is a bilateral issue, and it requires both enthusiasm and effort by lover, and desire and stretch of the beloved. This is an important principle that is emphasized by all the mystics and seekers of God. Firstly, bec...

The Study and Analysis of Geo-tourism of sea side areas of Oman Sea Case study: chabahar-Gouater

The tourism basis of each area is its nature and geo-tourism is one of the most important parts of the tourism industry that is rapid growth in present decade in the world. There is much attention to this part for area d...

Download PDF file
  • EP ID EP7369
  • DOI -
  • Views 459
  • 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