Abstract
Good Faith Insurance, a thriving hometown insurance company, has established itself by building strong, trust-based relationships within its community. After nearly a decade of consistent profitability, the company implemented three strategic initiatives to expand its footprint and enhance its brand as a high-quality regional insurer. This case study invites students to assess the financial impact of these strategic decisions, offering a valuable opportunity to refine their decision-making and problem-solving abilities. It is particularly well-suited for undergraduate courses in statistics or insurance.
Recommended Citation
Pappanastos, Ed; Bohler, Jeffrey; Larson, Benjamin; and Coco, Charles
(2024)
"An Insurance Case that Develops Problem-Solving, Statistical Analysis, and Excel Skills,"
Journal of Business, Industry, and Economics: Vol. 29, Article 7.
Available at:
https://roar.una.edu/jobie/vol29/iss1/7