The project in five facts.
Challenge, approach and results.
The economic crisis has undoubtedly affected the entire world. Numerous sectors of the economy, the real sector, and consequently the population have been affected, as there are many unemployed people due to bankruptcies and redundancies. Through a survey, they found that people, on the one hand, are aware of the importance of insurance during times of financial crisis and economic recession, but on the other hand, despite this, they decide to cancel certain important insurance products that provide them with both personal and financial security. The first chapters presented the economic crisis and its consequences, particularly bankruptcy and unemployment.
Problem
The economic crisis has undoubtedly affected the entire world. Numerous sectors of the economy, the real sector, and consequently the population have been affected, as there are many unemployed people due to bankruptcies and redundancies. In the thesis, they addressed the current issue of how people think about the need for insurance during times of chain bankruptcies and high unemployment.
Their assumptions that unemployed policyholders would cancel most of their insurance policies, that they would remain loyal to insurance for their assets (car), and that insurance companies would be forced to fight and adapt to policyholders, proved to be correct.
Results
Through a survey, they found that people, on the one hand, are aware of the importance of insurance during times of financial crisis and economic recession, but on the other hand, despite this, they decide to cancel certain important insurance products that provide them with both personal and financial security. The first chapters presented the economic crisis and its consequences, particularly bankruptcy and unemployment. The following chapters are dedicated to the research work, in which we learn about people's thinking regarding the need for insurance during times of high unemployment.
As a sample insurance company, they took insurance company X, where, due to student work there, they were able to make a detailed comparison of data on people's thinking, which they summarised from the survey, with the real data of the insurance company. This comparison, which yielded very interesting results, is clearly illustrated below with the help of graphs.
Module, programme and stories.
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