Evaluation of potential clients in the insurance industry: a case of an Iranian institution (Razi)

Journal Title: International Research Journal of Applied and Basic Sciences - Year 2013, Vol 5, Issue 12

Abstract

Organizations must be able to maintain living well to survive and make profit in a changing environment with different and defiant commercial partners and competitors. Therefore a beneficial use of appropriate and modern strategies and instruments is essential. Customer relations management helps organization to make a bridge from customer-orientation to organization aims as a powerful up-to-date instrument and also an appropriate strategy. Using statistical methods, a model will be presented to predict current potential customer value in this research and its application will be studied in insurance industry. The survey research method is considered proper for this purpose. The statistical population included all previous and current Razi Insurance customers. Simple random sampling method was applied. Regarding limitations of time and research instrument, the sample volume was 370 members. The required information was collected through written questionnaires. All research hypotheses were statistically verified. Potential Customer value was correlated with purchase history (0.479(, customer need (0.434), and customer income (0.462) respectively.

Authors and Affiliations

Davood Salmani| EditorandReviewer of Emerald Group, Faculty member of Tehran University, Faculty member of National science, Amir Hossein Amirkhani| Assistant Professor of Management Group, Payame Noor University of Tehran Region, Leila Khansari *| Mba, Payame-noor University of Damavand. email: liliano_kk@yahoo.com

Keywords

Related Articles

HYBRID ALGORITHM FOR DETECTING DIABETES

Today's, we can use of new technology tools for restoring and saving data in huge size and so we need a new science for searching in these huge data source and finding useful and necessary results in them. Data mining is...

Comparative Study of Minority Rights in Iran and International Law

Observing Minority rights and do not discriminate against them is the issue that is considered and discussed in human rights organizations that consider Arrangements to rights of minorities and prepare peaceful coexisten...

Review of Multi Agent Base Security in Distributed Systems

The multi-agent-systems paradigm has grown more and more popular to be a cause for realizing net-based solutions. This development is combined with an escalating relevance of security issues. In particular,the actual p...

The relation between conservativeness and transparency in financial reporting (Divided with Respect to Profit Smoothing and Non- Smoothing Companies)

Accounting conservativeness is as a part of a functional contractual technology which helps the decrease in essential losses due to representativeness issues. Based on this concept, conservative accounting, by influencin...

Generalized Alignment and Prosody-Morphology Interface in Persian Present Stems

Since the coalescence of the immediate adjacency of vocalic syllable peaks cannot be tolerated in Persian, syllable structures have to be adjusted to resolve the problem of *HIATUS in the present simple stems. This artic...

Download PDF file
  • EP ID EP6078
  • DOI -
  • Views 314
  • Downloads 6

How To Cite

Davood Salmani, Amir Hossein Amirkhani, Leila Khansari * (2013). Evaluation of potential clients in the insurance industry: a case of an Iranian institution (Razi). International Research Journal of Applied and Basic Sciences, 5(12), 1578-1584. https://europub.co.uk/articles/-A-6078