Information Package

Program of Insurance

TBS392

MARKETING AND SALES TECHNIQUES IN INSURANCE

Course Code
TBS392
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s)
Learning Outcomes

At the end of this course, the students;

  1. Analyze consumer behaviors, identify customer types, and develop appropriate approaches.
  2. Acquire proficiency in sales and marketing processes.
  3. Identify potential customer prospects and acquire new customers.
  4. Understand strategies for retaining customers and regaining lost clients.
  5. Explain customer communications, customer service, and customer service systems.
  6. Learn to develop customer relationships and establish effective marketing management.
  7. Define marketing plans.
  8. Measure the effectiveness of sales and marketing processes.
  9. Learn about distribution channels and sales management in the insurance sector.
  10. Understand marketing models designed for intermediaries.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsTBF252 Marketing Management
Course DescriptionThis course explores the key components of the sales and marketing management process within the insurance industry. Topics covered include insurance market characteristics, consumer needs and desires, customer segmentation and behaviors, customer value management, satisfaction and loyalty programs, and managing customer complaints. Additionally, the course examines fundamental marketing concepts, decision-making processes, strategic planning, and the environmental factors affecting marketing practices in the insurance sector.
Course Contents
WEEK TOPICS
1st Week Course objectives
2nd Week Insurance management's position within the global marketing perspective and inter-country variations
3rd Week Evaluation of the Turkish insurance system from the perspective of marketing processes
4th Week Internal and external organization of insurance companies
5th Week Internal and external organization of insurance companies
6th Week The role of pricing in insurance management
7th Week The role of pricing in insurance management
8th Week Midterm exam
9th Week Sales techniques in insurance
10th Week Sales techniques in insurance
11th Week Sales and marketing processes in insurance brokerage
12th Week Sales and marketing processes in life/pension companies
13th Week Sales and marketing processes in non-life insurance companies
14th Week Other institutions in the marketing process of the insurance sector: DASK, TARSİM, EGM, TOBB SAİK, and SEİK
Recommended or Required ReadingKırkbeşoğlu, E. (2015). Risk yönetimi ve sigortacılık (2nd ed.). Gazi Kitabevi.

Elbeyli, M. Ü. (2001). Sigorta ve sigorta pazarlaması (2nd ed.), İstanbul.

Karabulut, M. (1988). Sigorta pazarlaması. İstanbul Üniversitesi, İşletme Fakültesi Yayınları.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
  • Presentation
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 14 3 42
Preparation for Final exam 1 40 40
Course hours 13 3 39
Preparation for Midterm exam 1 20 20
Laboratory (including preparation)
Final exam 1 1 1
Homework
Total Work Load143
Total Work Load / 30 (h)4.76
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6 LO7 LO8 LO9 LO10
K1
K2
K3
K4 X X X X X X X X X X
K5
K6
K7
K8
K9
K10
K11