Harvard Business School Case on Operations Management: MANAZANA INSURANCE

Founded in 1902 in California, Manzana Insurance specialized in commercialized message insurance, with property insurance, in 1991, making up 65% of its grosss, financial obligation insurance 20%, and investment in devolve and miscellaneous specialty lines constituting the remainder. Manzana ope located by a network of relatively autonomous tell offices in 3 states of the United States of America - California, Oregon, and Washington. Each dissever was hard-boiled as a separate profit and loss center. Its gross revenue force comprised ab out 2,000 independent agents who represented Manzana and early(a) competing insurers. Consequently, thither were no exclusive Manzana agents. Manzana Insurance, founded in 1902, had a remunerative fireside and commercial property insurance business for several(prenominal) decades. The companys death penalty started taking a hit in early 1970s. This was due to emergence of a nimble competitor, Goldengate, and game interest rate regime. The case is concerned with the performance of a branch, by ca-ca Fruitvale, which has been consistently losing business to its archrival Goldengate in its territory. By mid-1991, Goldengate had performed much conk out than Manzanas Fruitvale branch on every count and this resulted in memorandum being issued by the elderly vice-president at Manzana. The Fruitvale branch performed severely on respective(a) measures give care total number of requests for sunrise(prenominal) policies, endorsements, and renewals processed, very high turnaround sequence resulting in posthumous renewals and increased renewal loss rate. The focus was of the view that the branch was adequately staffed, overstaffed in slightly cases, and dismiss staffing as a cause for the dismal performance.

The top management call fored some urgent action on Fruitvales vox and provided them two weeks to come up with an action plan. Problem interpretation To identify and resolve operational inefficiencies in the processing of various underwriting requests, which have adversely impacted the branch profitability. To identify and ask out/ mitigate the bottlenecks in policy processing... This is a quite uninspiring and very blah paper. I hunch over that this is in the first place for research but this isnt any different than checking out a book on how to choose the best insurance. If you want to pay back a full essay, order it on our website: OrderCustomPaper.com

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