19.01.2014 Views

Current State of the Market - icmif

Current State of the Market - icmif

Current State of the Market - icmif

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Universal qualities <strong>of</strong> mutuals<br />

Focus and homogeneity<br />

• Homogeneity<br />

• Focus on one market segment<br />

• No incentive to move in and out<br />

<strong>of</strong> product lines<br />

• Highly motivated to remain<br />

relevant to membership<br />

• Explains extraordinary focus on<br />

product and service when<br />

compared to for pr<strong>of</strong>it market<br />

Focus<br />

20

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!