tailieunhanh - ECOMMERCE ADOPTION OF INSURANCE COMPANIES IN NEW ZEALAND

Crop insurance and other government programs for farmers are also linked via disaster programs. The Supplemental Revenue Assistance Payments Program (SURE) requires the purchase of crop insurance for program eligibility. 24 For participation in commodity programs listed above, there is no crop insurance requirement. Generally, ad-hoc disaster bills in the past have not required crop insurance for eligibility, although most required future crop insurance purchases (or participation in the noninsured assistance program) and/or linked payment rates to crop insurance participation In 2010, USDA implemented a disaster program (Crop Assistance Program) for producers of rice upland cotton, soybeans, and sweet potatoes in designated disaster counties. Program eligibility. | Yao Ecommerce Adoption of Insurance Companies in New Zealand ECOMMERCE ADOPTION OF INSURANCE COMPANIES IN NEW ZEALAND JingTao Yao Department of Computer Science University of Regina Regina CANADA jtyao@ ABSTRACT Electronic commerce is causing fundamental changes in the insurance industry. The New Zealand insurance industry is well positioned to benefit from electronic commerce due to the high level of online access technology high Internet usage the high number of websites and the fact that New Zealanders are usually quick to embrace new technology. However despite the emergence of e-commerce in the New Zealand information technology and insurance industry literature little empirical research has been reported in the New Zealand insurance industry. This research presents an overview of the current state of e-commerce in the New Zealand insurance industry. In order to measure the extent of e-commerce usage a descriptive study that surveys website content was designed. The survey found that all of the insurance companies had websites but less than half of these were New Zealand ones. Most of the companies use an international website to service all their global customers yet the majority of these sites do not include many features specific for New Zealand customers. Overall it was found that the uptake of electronic commerce is relatively slow. The insurance industry is only employing the Internet to distribute information with few companies offering the capability of online transactions. It is evident that there remains considerable scope for further development of website features. Keywords e-commerce adoption e-commerce escalator insurance survey 1. Introduction The recent emergence of the Internet has fueled the rapid growth of electronic commerce and this in turn is changing the nature of business. There is no exception for insurance business that is currently experiencing a transformation with technology an industry where electronic commerce will .

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