Management and Criteria for Selecting Commercial Insurance Company for Small and Medium-Sized Enterprises
Management and Criteria for Selecting Commercial Insurance Company for Small and Medium-Sized Enterprises

Author(s): Michal Fabuš, Viktória Čejková
Subject(s): Business Economy / Management, Evaluation research, Financial Markets
Published by: Masarykova univerzita nakladatelství
Keywords: insurance; commercial insurance company; risks; small and medium-sized enterprises; decision-making criteria;
Summary/Abstract: The paper shows the characteristic of risks of small and medium-sized enterprises (SMEs), which represent a significant market economy element. Insurance is comprehended as a type of business entities protection in case of the occurrence of business risks. Decision-making criteria of a company upon the selection of a commercial insurance company to insure the given company are an up-to-date issue nowadays. Commercial insurance companies provide insurance protection and company management decide what criteria they choose selecting a commercial insurance company.

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