International Business Management

Year: 2016
Volume: 10
Issue: 20
Page No. 4953 - 4957

Identifying the Risk Factors of the Distribution Section with the Help of Industry Experts to Provide New Insurance Products (Case Study: Power Distribution Company of Tehran)

Authors : Zahra Rahmani and MortezaYarahmadi

Abstract: Risk of any activity because of the uncertainty of the future has always been a challenging endeavor in the business category. The review of insurability criteria of a category in covering the arising risks arising that are apparently uninsurable can be very influential. Eventually amending the relevant terms and conditions, risk selection, appropriate and reasonable pricing, support of public sector and cooperation of public and private sector are presented as the most important factors facilitating the insurable making risks. And meanwhile, the role of the insurers and regulatory agency of that insurance institute in creating appropriate solutions for making interactions between the insurance experts and electric industry and careful review of affecting factors and analysis of insurance coverage for compensation of the damage that was the result of incident, cannot be ignored to enterprise in this part of the industry and gaining the satisfaction of its activists. The present research by identifying the risk factors for the distribution section with the help of industry experts of insurance has aimed to provide new insurance products and the case study was the Electricity Distribution Company in Tehran, explanation and effective discussions in relation to the risks involved in the distribution sector was reviewed.

How to cite this article:

Zahra Rahmani and MortezaYarahmadi , 2016. Identifying the Risk Factors of the Distribution Section with the Help of Industry Experts to Provide New Insurance Products (Case Study: Power Distribution Company of Tehran). International Business Management, 10: 4953-4957.

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