Detail práce

Business Model Analysis of the Czech Peer-to-Peer Insurance Carrier

Autor: Bc. Radka Doležalová
Rok: 2017 - letní
Vedoucí: Mgr. Petr Polák MSc.
Konzultant:
Typ práce: Bakalářská
Jazyk: Anglicky
Stránky: 105
Ocenění:
Odkaz: https://is.cuni.cz/webapps/zzp/detail/185522/
Abstrakt: This thesis provides comprehensive description of a new phenomenon of peer-to-peer insurance
focusing on the classification of its main tendencies. The extended overview is
accompanied by the original and unique analysis of the business model of The First Club
Insurance Carrier, the only Czech peer-to-peer insurance company. The suitability of
the concept developed by The First Club Insurance Carrier is tested using five different
scenarios derived from its competitors on the Czech insurance market. The profitability
and ability to produce payable bonuses for clients in an appropriate amount as proposed
by the founders of the company are considered on the ground of scenarios simulating the
future development of The First Club Insurance Carrier. On the basis of the created
prediction scenarios, the research concludes that the company could achieve a positive
economic result in next few years. The amount of givebacks (payable bonuses) has not
accomplished the expected amount of 15% of the gross earned premium but it ranges
between 9% and 10% in most scenarios. This thesis offers also some requirements for
more favorable outcomes (such as a better distribution of gross earned premium between
reinsurance and claims expenses). The subsequent what-if analysis showed the insignificance
of the potential deviation arising from the modification of the scenarios and supports
the outcomes of the business model analysis.

Partneři

ČSOB
Deloitte
McKinsey & Company

Sponzoři

CRIF