"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh PalIndia has become the fourth largest automobile market in the world. The Indian automotive industry is on an adrenaline-fuelled drive. In CY2017, the industry notched record highs across vehicle segments. Importantly, it surpassed Germany to become the fourth largest market for vehicles globally. Clearly, it is one of the fastest growing markets worldwide and is pitched to become the No. 3 by around 2020.
Motor is the largest segment of general insurance business. Combined ratio for motor insurance is above hundred percent which means that the business is not making profit. Combined ratio is a measure of profitability used by an insurance company to indicate how well it is performing from operations. The motor insurance segment in the country is poised to grow in tandem with the growth in automobile industry as newer and faster models are hitting Indian roads along with better and larger road surface as a result of infrastructure development.
Government's policy of insuring the uninsured has gradually pushed insurance penetration in the country and proliferation of insurance schemes is expected to catapult this key ratio. The future looks promising for the motor insurance segment with several changes in regulatory framework which will lead to further change in the way the industry conducts its business and engages with its customers.
There is a dearth of quality books on Motor Vehicle Insurance focussing on different aspects of business and technological advancement. This book is a unique compilation of specialised features and new dimensions of Auto insurance Industry to update you.
JAGENDRA RANA
Jagendra Rana graduated in LL.B from University Studies in Law, University of Rajsthan, Jaipur in 1980 with a Fellowship from Insurance Institute of India Mumbai in 1992.
Jagendra Rana is an insurance veteran with a versatile experience of General and Life Insurance. He has been a CEO of Pearl Insurance Brokers at Jaipur and Corporate head of training at Shriram General Insurance Co. Ltd. He carries with him 40 years of experience in the Insurance Industry at various top positions.
More than 500 write-ups of Mr. Jagendra Rana have been published in various Journals of National and International repute. He was conferred with the S.K.Desai Memmoral Award for his Research Paper by III Mumbai. He was also a resource person in the International Seminar on Insurance Frauds conducted by Osmaniya University, Hyderabad.
Jagendra Rana is presently a Counsellor for a US Firm extending consultations on Insurance, Reinsurance, Intermediaries, e-business and the developments taking place on the insurance horizon.
Drop a line anytime, whether it’s about a project, collaboration, feedback or just business-he’d love to hear from. Thanks for stopping by!
