Home  Journals  Financial Analytics: Science and Experience  43(133) - 2012 November

Centralization experience in insurance companies "ROSNO" and "Zurich"

Available online: 22 November 2012

Subject Heading: Insurance business

JEL Classification: 

This article describes experiments centralizing business processes of the two largest insurance companies in Russia - "Zurich" and ROSNO. The main "pluses" of the centralized model of an insurance company lie in regulation of implementation of decisions, the ease of coordination of low-level subsystems. Among the "cons" are lack of flexibility, high vulnerability and the dependence on the strategy chosen by the top-management of the "center". The differences in the current models show that there are no uniform solutions on the market, each moving his way.

Keywords: centralized model, business process, administrative center

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ISSN 2311-8768 (Online)
ISSN 2073-4484 (Print)

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