Our Insurance Business Plan helps you to develop a comprehensive understanding of your proposed business to make a well-informed decision. We prepare investor-ready business plans, meaning it can be immediately presented to banks or financial institutions for your business finance needs. The business plans are developed by a team of Certified Business Consultants with over 25+ years experience in business consulting and establishing new businesses under the leadership and guidance of Mr. Venkadesh Narayanan, Principal Consultant, Fhyzics Business Consultants Private Limited and President, PDMA-India [An Indian affiliate of PDMA, USA]. LinkedIn
Our business plans are prepared in alignment with the Business Analysis Schema 1.0 developed by Fhyzics Institute of Business Analysis and Research [FIBAAR]. Please click here to download your copy of Business Analysis Schema. Fhyzics is an Indian Affiliate of Product Development and Management Association (PDMA), USA; REP of International Requirements Engineering Board, Germany and International Channel Partner of APICS, USA.
The Insurance industry of India consists of 57 insurance companies of which 24 are in life insurance business and 33 are non-life insurers. The number of lives covered under Health Insurance policies during 2015-16 was 36 crore which is approximately 30 per cent of India's total population. During June 2016 to May 2017 period, the life insurance industry recorded a new premium income of Rs 1.87 trillion. The overall insurance industry is expected to reach US$ 280 billion by 2020.
Insurance as a field offers variety of Business opportunities such us Peer-to-Peer Insurance, Cyber Insurance, Sales Agent, Insurance Auditor, Financial Managers, Insurance Investigators, Financial Advisors, Actuary, Customer Service Representative, Insurance Underwriter, Insurance Consultants, etc.How it works?
Once you place the order, one of our business consultants will reach out to you to gather the business requirements. Based on your requirements, the team of consultants will develop the business plan specifically for your proposed business. The completed business plan will be delivered to you within 5 business days in electronic format. This product is eligible for 30-Days Money Back Guarantee. For Terms and Conditions, please refer to FAQs.
Business Plan Deliverables
The contents of the Insurance Business Plan are as below:
- You will get a scientifically-written, data-driven business plan in a well-structured format, which can be readily presented to angel investors or financial institutions or key stakeholders
- The business plan covers the various aspects of the business such as product or service definition, problem solved by the product or service, size of the market, product or service development strategy, vision and mission of the organisation, promoters profile, organisation structure, pricing strategy, revenue model, government regulations, licensing requirements, comprehensive risk assessment, operations model, business requirements (people, processes, systems, space and assets), sales and marketing strategy, market & business trends, raw material sourcing, capital and working-capital requirements, sales and profit estimations, 3-year forecast of P&L and Balance Sheet etc.
- Unlimited iteration on the original business plan for a period of 15 days from the date of purchase
- The size of the business plan will be around 50 pages
Advanced Business Plan
A detailed business plan with intense work on competition and risk. Click here for more details.
Business Plan Pro
The most elaborate form of business plan with process identifications, process mapping, business model canvas etc. To learn more about business plan pro, please click here.
Business Plan Template
A well structured template with a comprehensive list of sections that a business plan must contain along with explanations. For more details, please click here.
Business Plan Guide
Business plan guide contains 500+ questions that you must answer to develop a sound business plan. It also contains a list of time-tested best practices for creating a successful business plan. For more details, please click here.
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