Case 2 Pune Insurance Advisors: Concerns and Challenges in Handing Over the Reins of the Firm from the First Generation to the Second Generation

Neha Mehta

Assistant Professor, L.J. Institute of Management Studies, School of Management Studies nehamehta@ljku.edu.in

DOI: 10.4324/9781003351825-2

Iam Mr Prakash Pawar, 65, founder of Pune Insurance Advisors and an insurance agent1 . I sell general insurance products for public and private insurance companies. I came a long way from being a clerk in a public sector company to working as a Development Officer (DO) and now running my firm. The general insurance industry has seen rapid upgradation in technology, marketing, and operation, leading to fierce competition requiring effort and energy. With ...

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