A Case Study on the Particularities and Sustainability of the Concepts of TQM, Quality Control, and Risk Management in the Corporate Insurance Industry: Loss and the Incidence of Catastrophic Risks.
Saved in:
| Title: | A Case Study on the Particularities and Sustainability of the Concepts of TQM, Quality Control, and Risk Management in the Corporate Insurance Industry: Loss and the Incidence of Catastrophic Risks. |
|---|---|
| Authors: | Păvălașcu, Narcis Sebastian1 narcis@pavalascu.com, Gabor, Manuela Rozalia1 manuela.gabor@umfst.ro |
| Source: | Interdisciplinarity in Engineering. 2020, Vol. 14, p1-9. 9p. |
| Subjects: | Total quality management, Business insurance, Risk management in business, Sustainable development, Quality control |
| Abstract: | The development of quality control and risk management systems is a priority for any industry and especially for the corporate insurance industry. Defective product and work incidents represent 14% of the total number of insurance claims, serving as the main loss of liability for businesses. According to a Allianz Global Corporate and Specialty press release, the cyber risks and impact of new technologies will have an increasing influence on the landscape of corporate losses in the coming years. Our results from this study conclude that the emerging business risks for the next 3-4 years are as follows: cyber incidents, 48%; new technologies, 30%; and changes in legislations/regulations, 28% (i.e., the present pandemic cause by COVID-19, the Brexit, trade wars, and tariffs etc.). [ABSTRACT FROM AUTHOR] |
| Copyright of Interdisciplinarity in Engineering is the property of University of Medicine, Pharmacy, Sciences and Technology of Tîrgu Mures and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Engineering Source |
| FullText | Links: – Type: pdflink Text: Availability: 0 |
|---|---|
| Header | DbId: egs DbLabel: Engineering Source An: 149233566 AccessLevel: 6 PubType: Conference PubTypeId: conference PreciseRelevancyScore: 0 |
| IllustrationInfo | |
| Items | – Name: Title Label: Title Group: Ti Data: A Case Study on the Particularities and Sustainability of the Concepts of TQM, Quality Control, and Risk Management in the Corporate Insurance Industry: Loss and the Incidence of Catastrophic Risks. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Păvălașcu%2C+Narcis+Sebastian%22">Păvălașcu, Narcis Sebastian</searchLink><relatesTo>1</relatesTo><i> narcis@pavalascu.com</i><br /><searchLink fieldCode="AR" term="%22Gabor%2C+Manuela+Rozalia%22">Gabor, Manuela Rozalia</searchLink><relatesTo>1</relatesTo><i> manuela.gabor@umfst.ro</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22Interdisciplinarity+in+Engineering%22">Interdisciplinarity in Engineering</searchLink>. 2020, Vol. 14, p1-9. 9p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Total+quality+management%22">Total quality management</searchLink><br /><searchLink fieldCode="DE" term="%22Business+insurance%22">Business insurance</searchLink><br /><searchLink fieldCode="DE" term="%22Risk+management+in+business%22">Risk management in business</searchLink><br /><searchLink fieldCode="DE" term="%22Sustainable+development%22">Sustainable development</searchLink><br /><searchLink fieldCode="DE" term="%22Quality+control%22">Quality control</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: The development of quality control and risk management systems is a priority for any industry and especially for the corporate insurance industry. Defective product and work incidents represent 14% of the total number of insurance claims, serving as the main loss of liability for businesses. According to a Allianz Global Corporate and Specialty press release, the cyber risks and impact of new technologies will have an increasing influence on the landscape of corporate losses in the coming years. Our results from this study conclude that the emerging business risks for the next 3-4 years are as follows: cyber incidents, 48%; new technologies, 30%; and changes in legislations/regulations, 28% (i.e., the present pandemic cause by COVID-19, the Brexit, trade wars, and tariffs etc.). [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of Interdisciplinarity in Engineering is the property of University of Medicine, Pharmacy, Sciences and Technology of Tîrgu Mures and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
| PLink | https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=egs&AN=149233566 |
| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.3390/proceedings2020063003 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 9 StartPage: 1 Subjects: – SubjectFull: Total quality management Type: general – SubjectFull: Business insurance Type: general – SubjectFull: Risk management in business Type: general – SubjectFull: Sustainable development Type: general – SubjectFull: Quality control Type: general Titles: – TitleFull: A Case Study on the Particularities and Sustainability of the Concepts of TQM, Quality Control, and Risk Management in the Corporate Insurance Industry: Loss and the Incidence of Catastrophic Risks. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Păvălașcu, Narcis Sebastian – PersonEntity: Name: NameFull: Gabor, Manuela Rozalia IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 01 Text: 2020 Type: published Y: 2020 Identifiers: – Type: issn-print Value: 22850945 Numbering: – Type: volume Value: 14 Titles: – TitleFull: Interdisciplinarity in Engineering Type: main |
| ResultId | 1 |
