ROLE OF INSURANCE INDUSTRY ON ECONOMIC CHALLENGES PROSPECT GROWTH IN BANGLADESH
DOI:
https://doi.org/10.31150/ajebm.v4i1.302Keywords:
Insurance, financial growth, Bangladesh, prospectsAbstract
This paper targets to contrast the feature of insurance plan format on economic expand and to analyses challenges and potentialities of insurance plan design format layout diagram region in Bangladesh. Based on the secondary data, this search for severely opinions the preceding looks up to find out the contribution of insurance sketch format structure layout on financial boom and potentialities as nicely as challenges of insurance plan diagram regional in the context of Bangladesh. Insurance has huge contribution on financial make bigger of a u. s. that lets in to create a sturdy capital base and reap financial independency. The learn about decided that the key troubles of this regional are deficiency of publicity, lack of licensed human resource, dearth of advertising and marketing and advertising and marketing policies, absence of commercial enterprise corporation ethics, penal complex complexities, unskilled agents, horrible IT support, insufficient return on investment, lack of transparency, lack of public focal point and ordinary management. Therefore, initiating innovative marketing and advertising and marketing strategies, attracting and conserving talent, creating talent, developing awareness, adapting archives science (IT), preserving off dangerous competition, developing return on investment, imparting diversifies and attracting packages, adapting dynamic administration trend and imposing notable insurance diagram sketch design insurance are influenced to overcome the challenges of this sector
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