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Welcome to our

presentation

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Our Group Member Name:
Name: ID:
1. Sayed Istiaq Ahmed 2015210000121
2. Md. Jahid Hasan 2015210000187
3. Md.Jubair Hossain 2016010000430
4. Md.Bablu Miah 2015010000007

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Topic
Performance Evaluation of
Green Delta insurance
company.

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Introduction to Insurance
 Economic Institution.
 Two parties contract.
 Written Agreement.
 Distributes the risks.
 Legal Agreement.
 Assumes the Risk.

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Element of insurance contract
 The insured must have insurable in the subject
of insurance.
 The insurers obligation to indemnify.
 The insurer assumes the risk of loss.
 As a consideration insured or policy holder
have to pay a premium to the insurance
company.

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Historical Background
 GDIC is one of the leading private non life
insurance company in Bangladesh . GDIC
was incorporated in December14,1985 as a
public limited company under the companies
Act 1913. Actual operations started on 1st
January 1986.

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Types of insurance:
 Insurance cover various types of risk under
the four heading. they are:
1.life insurance
2.Fire insurance
3.Marine insurance
4.Miscellaneous insurance

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Effects of insurance in our daily
life :
 Family :
Life starts in family and ends in family.
The life of every family members are equally
important to each other.
Insurance cares your family when something
wrong happen in future.

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 Business:
Business people are more inclined to risk by
investing their money in establishing
factories, making goods etc.
Insurance encourages peoples to do business
without fear or risk of a loss.

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Vision:
Its vision is to mature into a sustainable , coherent
organization, raise competitiveness to the highest
level in the insurance industry, maintain high
profitability & balanced quantitative growth and
exceed customer expectations.
Mission:
Its mission is to create shareholders value
through customer ‘s satisfaction and
employees commitment to excellence.
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SWOT Analysis:
Strength:
 Strong corporate management.
 Maintain strong network through the country.
 GDIC has strength to attract actual and
potential customer’s to sustain in the
challenging and competitive market.
 High qualified and experience employee that
can bring the GDIC in the higher position.
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Weakness:
 Centralized decision making.
 Conflict in about power of authority among
directors.
 Marketing Officer are not educated enough
about insurance law.
 Inefficient and ineffective employee for some
positions.

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Opportunities:
 Home country constraints are becoming
flexible as because of govt. are now very
much aware to this sector advantages and
disadvantages.
 Target market is increasing at a higher rate on
competitors product.
 Rapid growth of business function and
chancing the current market.
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Threats:
 The market is very competitive.
 Political environment of the country.
 Employee dissatisfactions for the current
position in the company.

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Conclusion:
 Insurance gives compensation not profit
because Our life is full of uncertainties and it
is essential to overcome those risks so the
insurance provides compensation against
those losses.

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