WEB BASED APPLICATION FOR INSURANCE SERVICES

1.2 OBJECTIVE OF STUDY

The study is carried out to fulfil the following objectives. To ensure effective insurance service communication around the globe from a remote location using the web application.

To promote growth and financial stability of insurance companies and effectively enable policy holders monitor their service around the globe.

To professionalize insurance services and develop insurance consciousness among the general populace.

To establish a sound national insurance market; and also add speed to their data processing and retrieving.

1.3 JUSTIFICATION

The justification for the work is a follows to allow for effective insurance service monitoring by policy holders over the web without office visitation.

To do away with the traditional method of using papers as from to fill insurance of policy holder this could easily be misplaced.

To contribute to the enormous change in information technology.

1.4 STATEMENT OF PROBLEM

To design web based application for insurance service.
Web based application for insurance services has been acknowledged as the fourth site technology that could foster communication of insurance service very quickly and efficiently reaching people around the world irrespective of the location.

1.5 SCOPE OF THE STUDY

The scope of the project corers the development of the web application typically involving the logical programming which is capable of providing insurance policy holders the easy access to any kind of service provided by their insurance company from a remote location. Also certain update and customer suggestion would be implemented. Method of data collection, system design and implementation and all other necessary materials under close supervision has been put together to ensure the success of the work.

1.6 SIGNIFICANCE OF THE STUDY

In the modern world, with all the complexities involved in developing an expert system that will certify user's needs. Management requires well structured and versatile web application that would meet user's needs at all point irrespective of the location provides the resource such as internet facility is available to ensure remote access.

The survival and continuous growth relies on the management of the insurance service application. The success of a web application for particular organization such as the insurance company service is not primarily determined by technical or layout qualities. But by what? Information system.

Because of high visibility and comparability of web site, technical and layout qualities can be adopted very soon by competitors. Thus, a sustainable competitive advantage can hardly be achieved through those qualities. In contrast, a decisive success factor of a web presence is seen in the link between business and marketing strategy of insurance service on the one hand and web strategy on the other (Lederer et al. 1997). A wed strategy embedded in and aligned with an overall marketing strategy can hardly be imitated on the short run.

1.7 DEFINITION OF TERMS/VARIABLE USED

INSURANCE: A promise of compensation for specific potential future losses in exchange for a periodic payment. Insurance is designed to protect human lives.

POLICY: rule that guide certain operation.

SERVICE: A type of economic activity that is intangible is not stored and does not result in ownership. A service is consumed at the point of sale.

COMPANY: A voluntary association formed and organized to carry on a business. Types of companies include sole proprietorship, partnership, limited.

APPLICATION: Computer based software used to perform certain functions.

WEB BASE: Access only from the internet

MODERN: new age with different approach of doing things

STRATEGY: Method applied in doing certain work

QUALITIES: great features of certain entity that differentiate others.

ORGANIZATION: A cooperative society with equal motive and goal.

REMOTE LOCATION: Anywhere around with access to internet

ACCESS: Authorization to gain entrance