COMPUTERISATION OF MOTOR INSURANCE: A CASE STUDY OF NICON INSURANCE PLC, MINNA

Abstract

This project is centred on the computerization of Motor Insurance of NICON Plc by employing diverse facilities offered by Database Management System.The activities of Motor insurance ofNICON PIc was performed manually before the advent of electric sys1cm C computer). The characteristics or both the manual system and the new database management system \vere carefully studied. The result of this comparison shows the reasons why the database management system is generally preferred to manual system. The program is written in Dbase (iv) to carry out the following operations: (a) To calculate the General Net Premium of Motor Insurance System ofNICON Insurance Pic. Cb) To calculate the Premium to be paid yearly by the (1nsufed) the clients, to the (Insurer) NICON Insurance Plc. Cc) For effective calculation of the discount accrues to the (Insured) the clients, for Accident Car Free (ACF) at the subsequent year. Finally, the findings in this research work shows the clear view of the security and control procedures in the database management system, and enables the insurance company stafr to \vrite a report based on their opinions.