Insurance Industry - Repercussions of Unplanned Mergers and Acquisitions
|
Case Code: INS050 Case Length: 03 Pages Period: 2003 Pub Date: 2003 Teaching Note: Available |
Price: Rs.100 Organization: Varied Industry: Insurance Countries: India Themes: - |
Abstract Case Intro
At the meeting of the board of directors, John Douglas (Douglas), Chairman and CEO of Warner Insurance Company raised the issue of expanding the operations of the organization. Other directors who had also been toying with the idea for some time, immediately agreed.
Talking on the subject, Douglas said, "We have the necessary funds to expand our operations, but what is more important is to decide which market to target and how to capture a larger market share. We need to gather more information on existing opportunities. We shall meet again after a fortnight to decide on the market to target."
Warner Insurance Company was established in 1960 and developed into one of the prominent insurance companies in the US. Its turnover ran into billions. The company provided various insurance covers like property insurance, insurance against accidental injury, life insurance and health insurance. The success of the company could be mainly attributed to the efficiency with which it handled its operations.
The Finance department was headed by Ray Bin, and the Service department was headed by Graham Richards...
Buy this case study (Please select any one of the payment options)
| Price: Rs.100 |
Price: Rs.100 | PayPal (3 USD) |
