kindly answer the case study questions

36 21 26 Case- Western States Insurance Agency At the close of 1995, Western States Insurance Agency, a subsidiary of Blue Cross Straine locations throughout the offertas Ding change as the company began to grow by acquisition WSI proceeded to acquireight agencies. Four of them were located in Montana Helena) and the other four wore located in Oregon, which represented the first time we had operations outside of Montana te onde 2000 m 200 cm the top 100 insurance agencies in the United States WSi had secured the title of being the top employers broker in Montana Management at WSi considered the firm to be a growing and diversified insurance agency, focused on a technology today integrated divery property/casualty insurance group & individual health insurance, employee benefits and retirement planning through the agency way we W providing high quality insurance products and financial services throughout the United States Was branches were known for wrong ang mang theo local presence and community involves ont, specialized areas of expertise, a history of growth, and broad and slice Muragement allowed branch managers to make individual decisions in order to respond to clients' needs Dennis Toussaint, President and Chief Executive Officer (CEO) of Combined Benefits Management In (CBM), a wholly owned outsidary of Bio MT), has managing responsibilities for WSI. Toussaint and other executives conducted a menting with a red consultant to do the company for the record the rapidly changing healthcare environment and suggested that Blue Cross Blue Shield diversity its risk while continuing to grow the company was e bongo the company's growth. The leaders began talking about taking WSi public. If this plan were succesul, Blue Cross would be able to underwent on the is how to grow WSi's current revenues of $21M to the needed $100M to take the company public within five years. Management procedents grow w $50M and acquire a firm capable of reaching $SOM in revenues, 2) grow Wistevenues to $100M, or grow Wssevenons to $250M 1. How would you characterize Western States growth strategy through 2002? What are the strengths and weakness of the approach they have decide strategies? Has it produced results consistent with the company's strategic and financial objectives 3 Marks 2. What is competition like in the insurance industry? Which forons are the strongest? Which are the weake? 3 Marks 3. Identify the forces driving change in the insurance industry. Which are likely to have the most significant impact in the near future and is the overall centro be favorable or unfavorable? 3 Marks 45. Evaluate Western States financial performance from 1998 2003. Are revenue and came what we