Intelligent guys at Insurance Companies

India is ill insured country is what the world bank commented. Our penetration rates of insurance products are very low and there exists a huge market potential. Because of this there is heavy influx of many insurance global giants to India.

In race to grab this lucrative market pie some of these companies are leaving no stones unturned. One such out of box idea is selling insurance through MBA students. MBA student as per the circulars, have to do few mini projects and inplant training. So these Insurance companies approach the MBA’s institutions in which they allow MBA students to do project in their company provided the students inducted bring-in some policies from their friends and relatives. Students are given a one day training and asked to sell the policies with no or meagre monetary compensation. Insurance companies also give assurance that on meeting the targets they will be placed in the companies.

Benefits for the Insurance Company:

1.       They get policies with almost low selling cost as commission is nil or meagre and no allowance is paid.

2.       MBA’s student will be working for the company selling policy without been on company pay roll.

3.       The selling network grows with inclusion of MBA

4.       Companies get a ready talent pool with tried and tested candidates for hiring at the end of the MBA programme

Benefits for the MBA students:

1.       They get the so called feel of corporate environment.

2.       Feel of corporate pressure

3.       Better understanding of the theoretical concepts working in practical world

4.       And all round development of the students

But the sad thing is that many of these companies give more assurance and deliver less. Most of these insurance companies are interested in how many policies student bring from their friends and relatives taking the ethics and social responsibility to the new lows.

Are we in Recession? I dont think so...atleast in India

One of my closest person shared this photo. Check the bride whose body is all covered with gold. This photo proves the point that we are not in recession.

Intresting one liners

1. I say no to alcohol, it just doesn’t listen.

2. A friend in need is a pest indeed.

3. Marriage is one of the chief causes of divorce.

4. Work is fine if it doesn’t take too much of your time.

5. When everything comes in your way you’re in the wrong lane.

6. The light at the end of the tunnel may be an incoming train..

7. Born free, taxed to death.

8. Everyone has a photographic memory, some just don’t have film.

9. Life is unsure; always eat your dessert first.

10. Smile, it makes people wonder what you are thinking.

11. If you keep your feet firmly on the ground, you’ll have trouble
putting on your pants.

12. It’s not hard to meet expenses, they are everywhere.

13. I love being a writer… what I can’t stand is the paperwork.

14. A printer consists of 3 main parts: the case, the jammed paper
tray and the blinking red light.

15. The guy who invented the first wheel was an idiot. The guy who
invented the other three, he was the genius.

16. The trouble with being punctual is that no one is there to appreciate it.

17. In a country of free speech, why are there phone bills?

18. If you cannot change your mind, are you sure you have one?

19. Beat the 5 O’clock rush, leave work at noon!

20. If you can’t convince them, confuse them.

21. It’s not the fall that kills you. It’s the sudden stop at the end.

22. I couldn’t repair your brakes, so I made your horn louder.

23. Hot glass looks same as cold glass. – Cunino’s Law of Burnt Fingers

24. The cigarette does the smoking you are just the sucker.

25. Someday is not a day of the week

26. Whenever I find the key to success, someone changes the lock.

27. To Err is human, to forgive is not a Company policy.

28. The road to success…. Is always under construction.

29. Alcohol doesn’t solve any problems, but if you think again,
neither does Milk.

30. In order to get a Loan, you first need to prove that you don’t need it.

31. All the desirable things in life are either illegal, expensive,
fattening or in love with someone else

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Can anyone tell the use of this mug on DTH

Photo taken at a Village called Byatti, Dharwad district, Karnataka, India

I am still guessing.............. what that mug has to do with the receiver of DTH dish antenna. 

Creative way of Protecting

I probably think this is the creative way of protecting from American Soldiers in Iraq.

Evolution of US president

This is what i say evolution of US president. Watch carefully.

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Police need some Marketing Gyaan

According to oxford dictionary Police means to keep in order, control and administer...... These very words which define police are the core words of every management definition of any management book taken. So basically police is administration and service of protecting and helping people.

By management gyaan citizens of India are the customers/clients of the Police. Police are the service providers while the citizens are the service receivers. So for effective service delivery the customers/clients need to happy.

Now imagine a situation where you meet with an accident while returning from a casual dinner with your family. Due to accident your daughter is hurt very badly and blood is rupturing out from deep cut at the fore head. Its blood everywhere. Now imagine the police constable arrived at the scene asking vehicle documents and checking driving license. He is asking questions to know whether you are financially sound or not. Remember this is all happening when your daughter is bleeding. Now further the police take your vehicle keys and your vehicle is taken away.

How would you feel when one of your loved one’s face full of pain and blood is lying on one side and police are chewing pan and smiling as they got a new bakara to suck money. Do you expect someone to smile when your loved one is in shouting for treatment.

This is how our police behave in case of accident. This is how they deliver the worst service quality to their customers/clients. These guys require some lessons of marketing and customer relationship.