Entrepreneurship and Innovation in Automobile Insurance

Entrepreneurship and Innovation in Automobile Insurance PDF Author: Samuel P. Black
Publisher: Routledge
ISBN: 1135659052
Category : Business & Economics
Languages : en
Pages : 382

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Book Description
Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance. One of this study's central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black's relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company's growth. A second theme is the automobile's dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

Entrepreneurship and Innovation in Automobile Insurance

Entrepreneurship and Innovation in Automobile Insurance PDF Author: Samuel P. Black
Publisher: Routledge
ISBN: 1135659052
Category : Business & Economics
Languages : en
Pages : 382

Get Book Here

Book Description
Entrepreneurs play a central role in economic growth and development, but how they do so is the subject of considerable debate. This book explains that process through an historical case study of an automobile insurance entrepreneur, Samuel P. Black, Jr., and Erie Insurance, the company he helped build. It also recounts the largely untold history of American automobile insurance. One of this study's central themes is the role of innovation in the entrepreneurial process. The rise of Erie Insurance from a four-person enterprise in Erie, Pennsylvania, in 1925 to the fourteenth largest property-casualty insurer today was the result, in part, of Black's relentless push to innovate. His continual efforts to cut costs, develop new products, satisfy customers, increase sales, and improve operations, all contributed greatly to the company's growth. A second theme is the automobile's dramatic impact on modern America. Its takeover of mass transportation provided the basis for the development of the automobile insurance industry and created many of the opportunities that Black and Erie Insurance capitalized on. These themes combine in the history of Black and Erie Insurance to illuminate the dynamic process by which the cultural, social, economic, and technological environment creates opportunities that entrepreneurs and entrepreneurial firms exploit, and how entrepreneurial actions stimulate economic growth.

The Spectator

The Spectator PDF Author:
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 878

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Public Affairs Information Service Bulletin

Public Affairs Information Service Bulletin PDF Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 488

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Annual Insurance Report of the Department of Trade and Commerce, Division of Insurance of the State of Illinois

Annual Insurance Report of the Department of Trade and Commerce, Division of Insurance of the State of Illinois PDF Author: Illinois. Department of Trade and Commerce. Division of Insurance
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 880

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Automobile Insurance Reform and Cost Savings, Hearings Before

Automobile Insurance Reform and Cost Savings, Hearings Before PDF Author: United States. Congress. Senate. Commerce
Publisher:
ISBN:
Category :
Languages : en
Pages : 594

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The National Underwriter

The National Underwriter PDF Author:
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 1296

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Bulletin of the Public Affairs Information Service

Bulletin of the Public Affairs Information Service PDF Author: Public Affairs Information Service
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 482

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News Letter

News Letter PDF Author: Insurance Society of New York
Publisher:
ISBN:
Category :
Languages : en
Pages : 226

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Book Description
Some issues include the annual reports of the society and its officers.

National Underwriter

National Underwriter PDF Author:
Publisher:
ISBN:
Category : Health insurance
Languages : en
Pages : 1368

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The Howe readings on insurance

The Howe readings on insurance PDF Author: Insurance Society of New York
Publisher:
ISBN:
Category : Insurance
Languages : en
Pages : 556

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Book Description