Ioa re 1 Page Business Plan
Overview
Ioa re has a clear business objective to develop, produce, promote and distribute Stop loss products products. These products have been developed over Since 1982 with a core focus on addressing the key customer problem and associated opportunities.
The Business Objectives
When as a key component of our growth strategy we consider it critical to identify and outline our business objectives, and align these objectives with clear and measurable development milestones. Our key long term business objective is to grow profitability. It is critical that we balance revenue growth with the growth in our cost base. Whilst the desire for profitable growth may constrain our growth rate, it is more important that revenue growth in isolation.
The Customer
Ioa re has been created with a clear focus on the needs of our customers. Through a structured customer discovery process, we have validated the key customer problem as Affordable profitable self funded products. This is a critical issue for our selected target market of Brokers non alpha bet houses.
The Value Proposition
Ioa re is uniquely positioned to deliver value to Brokers non alpha bet houses. "Ioa re will People products.." In order to be deliver on this value proposition, we Multiple carriers one point of contact. This capability has taken considerable time and resources to develop and forms the cornerstone of our competitive advantage.
Competitors
We have a number of competitors within the Stop loss products market. We consider our key competitors to be: Other Mgu. Big carriers hcc sun life hm. Our understanding of these competitors has been used to refine our strategy and value proposition. We believe that we can compete effectively with Other Mgu. Big carriers hcc sun life hm by Underwriting philosophy.
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Key Strategies
Over the next 6 months our focus will be to Acquire new customers growing block of business profitability
Develop new products. This task will be undertaken in the context of our broader strategy to Target a certain dollar amount of new production. . These strategies are a tactical implementation of our overall business goal as outlined above.
Milestones
Measurement of the successful implementation of our strategies will be governed by measurable development milestones. The milestones that will be achieved over the next 2 years are: New products monthly marketing production
About this document
Stop loss products Business Plan
This document was created by Paul of Ioa re using the 5 minute Business Plan App. This technology and approach is powered by HyperQuestions.
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