Creating a sustainable society in Non-Life insurance industry through excellence in Training and Development

Abstract

With the rapid growth of the industry the demand for trained workforce with specific skills in sales, operations and product design and management has increased. Sustainable society in non-life insurance industry will depend on the supply of trained manpower. Thus the paper tries to explain the basic training in non-life insurance industry for the employees and agents. The paper further examines the role of Information Technology in achieving excellence while imparting and grasping the training and development from the company and employees side respectively. Further the paper gives suggestion to the non-life insurance companies to achieve excellence in training and development which further can help for generating sustainable society. Suggestions are:- 1. Aligning training to the strategies of the company 2. Training and development process in the non life insurance company Key words - Training, Development, Society, strategy, Non-life Insurance Industry

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