Question: Part C You are the underwriter for an Electronics store. The policy is coming up for renewal. The insured sells an array of entertainment media,

Part C

You are the underwriter for an Electronics store. The policy is coming up for renewal. The insured sells an array of entertainment media, computer related merchandise and handheld electronic devices. Music media devices and tablets are the major sales items. In the past, shoplifting has resulted in a significant drain on the stores resources.

Discuss the review program you would use to assess the fraud potential of this risk. Suggest factors that might affect an electronics store and support your answer.

Part C
You are the underwriter for an Electronics store. The policy is coming up for renewal. The insured sells an array of entertainment media, computer related merchandise and handheld electronic devices. Music media devices and tablets are the major sales items. In the past, shoplifting has resulted in a significant drain on the stores resources.
Discuss the review program you would use to assess the fraud potential of this risk. Suggest factors that might affect an electronics store and support your answer. (30 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!