The Necessity and Importance of Insurance Controlling

Monica - Ioana Toader (), Mihaela - Gabriela Todrican (Rosca) () and Adriana – Ioana Filip (Croitoru) ()
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Monica - Ioana Toader: „1st of December 1918†University of Alba Iulia
Mihaela - Gabriela Todrican (Rosca): “Valahia†University of Târgoviște
Adriana – Ioana Filip (Croitoru): „Valahia†University of Târgovişte

Ovidius University Annals, Economic Sciences Series, 2020, vol. XX, issue 2, 1087-1092

Abstract: In this article we aim to present the need and importance of controlling as a control method and as a management technique, in order to identify the advantages of their subsequent use in the insurance market. Controlling is considered an indispensable function for the top management of the entity, in the sense of coordination, planning, control and computerization, in order to produce favorable generalizations or conclusions in the decision-making process. Through this research we aimed to highlight the interdependence between the management of the insurance field and the controlling system. At the same time, we aimed to clarify who the controller is and what are its functions within an entity and what are the stages of the decisionmaking process. It should be noted that a controlling system must be available to the management of the insurance industry all the tools to meet their information needs.

Keywords: controlling; instruments; entity; control; insurance market (search for similar items in EconPapers)
JEL-codes: M10 M20 (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xx:y:2020:i:2:p:1087-1092

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