Journal of Insurance and Finance 2021 KCI Impact Factor : 0.67

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pISSN : 2384-3209

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2002, Vol.13, No.1

  • 1.

    상해보험에서‘상해로 인한 사망’의 경우 상법적용에 관한 연구

    이경재 | 2002, 13(1) | pp.3~20 | number of Cited : 4
    Abstract PDF
    If the insured person of the Accident Insurance were to die, the insurer pays the sum payable at death. The case of injury resulting in death, is it the Accident Insurance or the life(death) insurance on the Commercial Code? It is an important thing to judge that problem because the Commercial Code draws a sharp line between the Accident Insurance and the life(death) insurance. Injury means the place in the body that is hurt or wounded, and the Accident Insurance on the Commercial Code is one of the insurance which is payed when the insured is injured. But it is confused commonly in the insurance practical business or the legal practice because the injury resulting in death is covered in most of the Accident Insurance policies. This study shows the different interpretation that can occur and the reason why 'injury' and 'injury resulting in death' must be distinguished on the Accident Insurance. So the purpose of this article is to prevent confusion on the application of the Commercial Code.
  • 2.

    변액보험계약체결시부당설명한 보험자의 법적 책임- 일본의 경험을 중심으로-

    Kim, Sun-jeong | 2002, 13(1) | pp.21~71 | number of Cited : 10
    Abstract PDF
    The variable life insurance products as more recent advance on the fixed-benefit life insurance products was introduced to Korea insurance market in 2001. Variable life insurance differ from fixed insurance in that contract owners received their sum from their segement accounts rather than that of the insurance company. Variable insurance are more risky to the policy holder than the fixed insurance, but there is a possibility of greater returns. The person who sells the variable insurance should have a license to sell variable products, and inthe case of U.S.A., a licensed securities dealer, which are considered to be securities. But the consumer who buy variable insurance not recognize of the high risk of the products. It means thay the variable insurance seller must provide a prospectus describing the variable investment profits and the risk. And have to explain that the death benefit and cash value benefits vary in relations to the value of the investments underlying the policy. But Japanese experience which arises over 600 suits against variable insurer thought us the important of disclosure. The writer reviewed some japanese cases and concluded that Japanese court hold the insurers responsibility ground for torts. And emphasize that the seller's duty of disclosure in variable insurance contract.
  • 3.

    자동차보험 가격자유화에 따른 판매채널 및 상품 경쟁력 강화 방안

    Jung Young Jeong | 2002, 13(1) | pp.73~98 | number of Cited : 14
    Abstract PDF
    With limited level of competition, Korean auto insurance market has grown rapidly. During the last decade, price increase and rapid growth of car ownership led the auto insurance market to maintain annual growth of 20% except in 1997 and 1998. However, a sense of crisis such as price deregulation, increasing claim rate, and direct channel entry has heightened the saturated domestic auto insurance market. Especially full price deregulation of auto insurance is likely to lead an insurance price war starting last August and eventually it will be one of the critical factors for insurers' survival. Based on this understanding this paper proposes a key strategic initiative to be implemented on channel and product. In order to build competitiveness of an insurer in the rapidly changing Korean auto insurance market, differentiate between high efficiency and low efficiency channels through benefits and commission. The traditional channel must be radically upgraded and restructured to provide differentiated value for the relationship, brand, and quality segment while at the same time increasing the channel's competitiveness against price competition and alternative channels. Product innovation and the state of art underwriting know-how and tools become paramount, especially in the large volume auto business where the risk differentiating underwriting will be main success factor in the future.
  • 4.

    보험기업의 FP의 활성화 방안에 관한 탐색적 연구

    권금택 | 2002, 13(1) | pp.99~117 | number of Cited : 0
    Abstract PDF
    This study focuses on suggestions for motivating FP(Financial Planner) as a relationship tool of Korean insurance companies. FP is expected to make a contribution to the improvement of the flexibility and efficiency of insurance customer's financial demands. With increasing competitive insurance market the insurance companies need to build company's good image and loyalty from customers, compared to the current and potential competitors. With the arm of FP the company can build a good relationship with the segment's customers because the customers can understand and appreciate how much the company cares with their customers' financial desires. Essentially the company must establish a competitive advantage, so it hopes to appeal to a substantial number of the segment's customers. It is expected that this paper would help FP of Korean insurance companies, and enable the company to improve customers' satisfaction on their financial desires, thus customers' loyalty toward the insurance company.
  • 5.

    국내 보험업의 e-Business발전 단계에 관한 연구

    JooSeok Park , Lee SooYean | 2002, 13(1) | pp.123~174 | number of Cited : 0
    Abstract PDF
    The advent of e-commerce gives an opportunity to shift the paradigm of customer communication into a highly interactive mode. The new generation of commercial Web servers combines the collection of data on a customer behavior with real-time processing and dynamic tailoring of a feedback page. The new opportunities for direct product marketing and cross selling are arriving. The key problem is what kind of information do we need to achieve these goals, or in other words, how do we model the customer? The paper is devoted to develop e-Business modeling and simulation in Insurance industry. The focus is on the stage of e-Business . The stage is based on the customer's, such as netizen, and expert group about insurance process, transaction data, click stream data, purpose of visitng web page and demographics. The 4 Stage of e-Business defined as first step is web page only, second, Insurance Process Implementation, third, Digital Management Transformation and fourth stage is Life Care Convergence. The stage of e-Business can also be used as a generative model for simulating the e-Business in different situations and for estimating customer's features.