In: Operations Management
Value preposition for a insurance company has to be privately held what way do you add value over your competitors....
The following are the ways in which value can be added over the competitors :
a. Clearly communicating what you promise to offer the targeted customers that is different from the competitors.
b. Understanding the needs and wants of the market and designing appropriate insurance plans.
c. Differentiating the product, insurance plan or coverage that stand out from the competitors.
d. Increasing sales through relationship building and creating loyal customers.