People are not aware of insurance in previous days. At present, insurance awareness has made dramatic changes in between the people. Insurance management undergoes various processes like analyzing marketing, claiming, risk management, loss prevention, and so on. Insurance policies for expected & unexpected happenings are of many types. Each company has a special feature in their products and the products should reach the publics.
For public awareness, there are various techniques being handled by the company like advertisements in the media. Risk management or risk handling is the main process that takes place during the risk management. Risks can be avoided only when the insurer or the company has a proper portfolio management.
What is Portfolio management
There are various ways by which we can identify the sources of finance, online casino accessing the fund’s requirement and evaluating the source of time, cost and its availability according to the needs of the corporate. This type of management is being done by the chartered accountant, and they provide a huge service to the insurance sector, and they serve people as an advising agent even outside the concern also.
The company should always find its alternatives to find the avenues of the investments of its funds. So the corporate as well as a customer should have a better knowledge about their fund investments, and it is good to know about the IRDA rules and regulations instead we can also have an accountant. Accountants can guide us in a best way of choice.
The main process of portfolio management usually depends on the decision with the concern of reinsurance of risks. An insurer should always know about risk involved in the insurance and should know how to transfer if there is excess of risk involved.