The Role of Communication in the Marketing of Life Insurance in Ghana (A Case Study of Donewell Insurance Company Limited)

dc.contributor.authorMensah, Nicholas Oppong
dc.date.accessioned2011-08-25T09:23:15Z
dc.date.accessioned2023-04-19T00:44:10Z
dc.date.available2011-08-25T09:23:15Z
dc.date.available2023-04-19T00:44:10Z
dc.date.issued2008-08-25
dc.descriptionA Thesis submitted to The Department of Marketing and Corporate Strategy, Kwame Nkrumah University of Science and Technology In partial fulfilment of the requirements for the degree of Master of Business Administration.en_US
dc.description.abstractIn today's highly competitive environment, the level of service insurance companies deliver to agents and policy-holders is a key differentiator. Providing timely and relevant communication is a critical component of any effective customer service strategy. The primary challenge for insurers today is how to, effectively, design and deploy consistent, personalized communication across the growing range of communication delivery channels and to leverage valuable customer information throughout the enterprise. THC study intended to examine the role that integrated marketing communication plays in the marketing of Life insurance products. Various reading materials were reviewed. This enabled the study to find out, whether there is some degree of consistency in those materials that were re-evaluated. Quota and purposive sampling techniques* were employed in selecting the sample. The main research instruments used in the study were structured questionnaire, interviews and participatory observation. The study revealed that, majority of the staff (54%), admittedly, did not take side on the issue of identifying a communication gap between their target audiences. However, twenty-two percent (22%) of them perceived communication as superior. In addition, most of the policy-holders did not read the terms, conditions and benefits of the products, although, majority of the customers were educated. It was recommended that educational workshops and training should be organized for agents and policy-holders especially prospective clients to ensure efficient and effective integrated marketing communication as a tool in enhancing higher sales in life products. Moreover, the amount of money allotted for marketing communication should be increased due to the intensity of competition in the industry, which should go hand in hand with quality service delivery.en_US
dc.description.sponsorshipKNUSTen_US
dc.identifier.urihttps://ir.knust.edu.gh/handle/123456789/1138
dc.language.isoenen_US
dc.relation.ispartofseries4882;
dc.titleThe Role of Communication in the Marketing of Life Insurance in Ghana (A Case Study of Donewell Insurance Company Limited)en_US
dc.typeThesisen_US
Files
Original bundle
Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
KNUST Library.pdf
Size:
7.09 KB
Format:
Adobe Portable Document Format
Description:
License bundle
Now showing 1 - 2 of 2
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:
Loading...
Thumbnail Image
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description: