Background
Bupa is a healthcare organization and Bupa insurance is a company that sells health insurance. The organization was initially known as British United Provident Association, the organization was established on April 3rd, 1947. The main purpose of Bupa in 1947 was the prevention and cure of sickness or any kind of illness. In 1948, the organization had almost 80 percent market share in private health insurance, as of now, the company has 32 million customers all around the globe. The company has several offices across the world;
Stakeholder Engagement
There are some people who have an interest in an organization, those people are known as the stakeholders of the company, these people have great influence in the workings of the company, and they can change the company objectives and mission (Oral & CenkAkkaya, 2015). Stakeholders can be both internal as well as external, internal stakeholders are the shareholders, employees, and board of directors.
External Stakeholders are those people who have no control over the internal activities; however, they can influence different company activities. Example of external stakeholders is suppliers and government.
Key Performance Indicators
KPI or Key Performance Indicators is values that are measured to check the effectiveness of the company to meet its objectives and mission. KPIs are used by organizations to evaluate the examine their success rate for reaching their goals. KPI is used at many levels by the companies, the high-level KPIs check the overall performance and the low-level KPIs check department performance. A list of KPI for BUPA insurance has been provided below,
Key Performance Indicator | 2018 | 2017 |
Net Profit | 18% | 15% |
New policies per Agent | 465 | 450 |
Underwriting time (in days) | 27 | 30 |
Cost per application | 60 AUD | 60 AUD |
Cost per claim | 69 AUD | 70 AUD |
Assumption
Bupa insurance is an insurance company so it follows actuarial assumptions, the company assumes a person’s life span according to their age, sex, and medical history before making policies for its customers (Chugh, 2016).
Income
The company is involved in underwriting and investment activity. If Bupa receives, 50 million dollars as its insurance premium, it saves some of its funds into a savings account, the remaining funds can be invested in for short term investments,
Expenses
Just like other insurance companies, Bupa also needs to pay a salary to its employees and agents. The company needs to cover its customer’s claims; this is one of the major expenses for the company and any kind of losses faced by the company because of its investment is an expense .
Best Services
Managing time was challenging for me, but I got the solution to my problems when I hired their experts. They are there to write my college projects, and I need not worry about the grades at least.
Best Services
Thanks guys, I’ve been taking their services for the past five months and was never disappointed.
Best Assignment Help Melbourne
I have so far ordered four hospitality and tourism assignments with this website. For two of the assignment they were done very nicely with all proper writing, referencing and citations and I got a good grade distinction for both of them. I am really happy with the outcome of this Australia assignment help service. My third assignment was actually a dissertation proposal and literature review writing assignment for customer relationship management hospitality course and that one needed a little bit modification as suggested by my professor. I immediately reported the feedback to Cheapassignmenthelp.co.uk and these guys provided me 2 times free rework and in the end that assignment also I got a distinction. So all is well and good for me. I normally pay a decent charge to get a decent quality assignment but I am happy with the overall quality of assignment writing, literature review is good and standard journals and references are used by the writers. Overall customer care is also very helpful and makes sure that I am given a good attention to understand my order details and any rework. Its a fast service and I have received most of my work before 2 days deadline also.
I would give you ration 10
This online assignment site has not only impressed me but my parents as well. After my school, my mother had to spare some extra time to help me with my homework’s and projects and because of this she frequently have to take half time from her office. But from the time I interact with the members of this site, all the problems are completely resolved. I can stay at home and learn under the guidance of expert and my mother no more need to take leave from her work. My grades also showed good improvements. So this site have erased our problems and helped me learn in the homely environment.
Complete your assignment with cheapassignmenthelp.co.uk
It has been a long time when I was working on the project given in the college, but still, I failed to complete it in the desired manner. The date of submission was near and I was worried about the work. Then I got to know about this site from different friends. My work was completed before the allotted time and that too in very impressive and effective way. Cheap assignments were appreciated by teachers and all my fellow classmates. It was a great feeling….
Related Post
HND Accounting Assignment Help
Managerial Accounting Assignment Help Uk
Corporate Accounting Assignment Help Uk
Accounting Theory Assignment Help Uk
Management Accounting

Management Accounting
Management Accounting,The overall aim of this unit is to introduce the fundamentals of management accounting which apply to the wider business environment and the organisations which operate within that environment. Students will explore how management accounting uses financial data to aid planning decisions, and the monitoring and control of finance within organisations.