Search Results - "Insurance agents"

Rent Dispersion in the US Agricultural Insurance Industry by Smith, Vincent H., Glauber, Joseph W., Dismukes, Robert

“…We find that as total payments to insurance companies increased between 2001 and 2009, an increasingly large share of the agricultural insurance industry’s rents accrued to insurance agents, although in markets where insurance companies possessed some oligopsony power, agent payments are smaller. …”
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The role of heterogenous implementation on the uptake and long-term diffusion of agricultural insurance in a pastoral context by Jensen, Nathaniel D., Teufel, Nils, Banerjee, Rupsha R., Galgallo, Diba, Shikuku, Kelvin Mashisia

“…Discussions with IBLI’s providers confirms the role of supply constraints in observed demand; the firms consistently point towards the cost of last-mile extension and sales as their largest challenge to increasing sales, and emphasize that it is cost-prohibitive to provide equal access to well-trained insurance agents across the areas that they operate. These findings suggest that current investments aimed at increasing insurance coverage by increasing demand, for example through improved product design or by subsidizing premiums, should be accompanied by investments in developing more cost-effective marketing and distribution processes so that demand can be acted upon. …”
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