GIC initiative to enhance value additions

 

 

 

The General Insurance Council (GIC) has taken a couple of initiatives in its quest to enhance value additions to its member companies. 

 

 

These are: 1) Member Information System 2) Data analytics- 

 

Under the first  initiative, the GIC  intends to provide due industry update as quickly as possible 

 

In the second  initiative, the GIC  intends to use the publicly available data of its member companies for topical analysis of the industry trends on a number of parameters. Statistical tools and graphical presentation aids will be used to present the analysis.

 

The council seeks  co-operation from all the member companies to provide data in respect of their companies from time to time to enable us provide this data based information service regularly. The council hopes  this would make all of us progress towards better standards in our business conduct to ensure better customer service.