Consultancy
The Journey of thousand miles begins with a single step.
Today’s insurance business environment is characterized by Volatility, Uncertainty, Complexity and Ambiguity (VUCA). Competition is intense and customer expectations are sky rocketing. Employees especially the millennials seek more than just a pay cheque. They seek autonomy and meaning. In this environment the CEOs have to deliver budgeted performance results, keep the insurer ready for the future and remain accountable to the Board. How this can be done is the subject matter and business of “this firm, Vision Craft FZC. This requires imbibing a systems view of organization, skills and competencies. For consultancy, all the parameters of the company is studied in detail. Separate studies are made for lower, middle and top management and accordingly consultancy reports are issued.
Our consultancy focuses on
- Developing leadership skills
- Scrutinize the “Strategy Management” process adopted
- Customer Centricity
- People Management and Culture Development
- Driving the change in the organization
- Effective Process Management
- Ascertaining the technical competency levels of lower, middle and top management and requisite reinforcements, especially in areas with high profit potential like property, liability, Marine Hull & Cargo, Offshore covers and energy insurances
- Reinsurance treaties and facultative insurance arrangements adopted
- Enhance quality of risk management for the insurance companies
- As a consultant detailed holistic study of organization is carried out and after assessing all the parameters and reporting, long term projects are undertaken to turn around the loss making or poorly performing insurance companies. This projects are important because of the intangible nature of insurance business.
- Whilst carrying out the consultancy, caliber and technical competence of the company’s personnel is developed, thus paving the way for profitable growth
- Revisits and periodical reviews of the changes implementation and progress made for superior business engagement -
- Help in scouting right talents for higher management for the insurance companies