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The Necessity and Importance of Insurance Controlling

Author

Listed:
  • 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)

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.

Suggested Citation

  • Monica - Ioana Toader & Mihaela - Gabriela Todrican (Rosca) & Adriana – Ioana Filip (Croitoru), 2020. "The Necessity and Importance of Insurance Controlling," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 1087-1092, December.
    • Handle: RePEc:ovi:oviste:v:xx:y:2020:i:2:p:1087-1092
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    Citations

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    Cited by:

    1. Perkiss, Stephanie & Bernardi, Cristiana & Dumay, John & Haslam, Jim, 2021. "A sticky chocolate problem: Impression management and counter accounts in the shaping of corporate image," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 81(C).
    2. Steve Easton & Sean Pinder, 2022. "Measuring the price of Australian water," Australian Journal of Management, Australian School of Business, vol. 47(1), pages 24-33, February.

    More about this item

    Keywords

    controlling; instruments; entity; control; insurance market;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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