The objective of the present study is to compare and analyze the service quality perceptions of customers about the public sector and private sector insurance companies. The study also seeks to find the relevant dimensions of the SERVQUAL/SERVPERF scale in insurance industry in Indian context. Exploratory factor analysis was used. As a result five factors were extracted using the methods of principal component analysis. The five factors extracted in case of public sector insurance company explained 78.34% of the variance; where as five factors extracted in case of private sector...

Objectives of the study are two fold, firstly to study the Customer Relationship Management program of Life Insurance Corporation of India, and to assess the effectiveness of Customer Relationship Management program of Life Insurance Corporation of India. Results of the study are based on the opinion scores of the policyholders, who are with LIC for more than last five years.On the basis of average opinion scores, it can be concluded that Customer Relationship Management program started by the LIC is effective in approach, which was evidenced by the results obtained from the statistical...