What does target audience mean in marketing

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Trends in the insurance market in Russia in 2023 and 2024 Analysis of the results of 2023 in the Russian insurance market What's Happening in the Russian Insurance Market in 2024 Trends in the development of the insurance market in Russia Forecast for the development of the Russian insurance market for 2025 New financial product on the Russian insurance market How Pampadu service helps agents Functions and objectives of the Russian insurance market Before we look at the insurance market in Russia, let us dwell on its role and importance in the country’s economy.


Insurance purposes This is ensuring socio-economic stability, if job seekers phone numbers list we talk about compulsory medical insurance policies and other similar types of insurance. The insurance market also brings "long money" to the country. Their role is played by funds from long-term insurance programs. "Long money": They talk about the stability of the economic situation on a national scale. They provide funding for development programs designed for long periods of time. Functions of the insurance market The main one is compensation. It involves the protection of individuals or legal entities. The means of reducing risks is the payment of compensation, which is established by the contract.


Other equally important functions can be considered additional. Cumulative. Provides the opportunity to accumulate a pre-determined amount towards a concluded insurance contract by a specific date. Investment One part of the funds contributed by the client goes to the insurance part, and the other is invested by the insurance company in deposits, securities and other assets. Become an MTPL insurance agent and receive up to 35% commission!