The issues of trustworthiness of the insurance sector

Authors

NEČAS Svatopluk

Year of publication 2015
Type Article in Proceedings
Conference The 26th IBIMA conference on Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth
MU Faculty or unit

Faculty of Economics and Administration

Citation
Field Management and administrative
Keywords insurance sector; trustworthiness; reputation; insurance relationship
Description The paper deals with the issues of trustworthiness of the insurance sector. After a brief definition of the basic principles of an insurance relationship it deals with trustworthiness and its related terminology. Further, it provides its simplified categorization and subsequent instantiation of particular types. Finally, it also deals with an institutional conception of the issue. The main goals of this paper are to identify the reasons for lower trustworthiness of the insurance sector and to offer suggestions to improve it.

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