These scenarios can help you better understand what subrogation is and how it works

These scenarios can help you better understand what subrogation is and how it works:

• 
  A truck (driven by the at-fault driver) rear ends another vehicle (driven by you). Normally, the at-fault driver’s insurance company should pay your repair costs and/or medical bills. But let’s say in this instance, the process is delayed so your insurance company pays for repairs to your vehicle and your medical bills. Your insurance company will then seek reimbursement from the at-fault driver’s insurance company for the monies it paid, including your deductible.
  
• 
  In this scenario, a construction worker trips and is injured due to wires left laying around by an electrician on a construction site. The electrician was negligent in leaving the wires and causing a hazardous condition. The construction worker’s insurance company would use subrogation to seek reimbursement from the electrician’s insurance company for both the other worker’s injuries and for the electrician’s negligence.
  
• 
  To illustrate this with a homeowner’s claim, let’s say a newly-purchased dehumidifier catches fire and damages the home. Because of the humidifier’s faulty design and defect, subrogation would be used to collect payment for the damages and the homeowner’s deductible from the seller and manufacturer.
  

If your claim involves subrogation, West Bend will notify you by sending you a letter. The letter will include contact information for your subro rep in case you have any questions during the process. If there’s a recovery at the end of your claim, West Bend will pay back your deductible, if applicable.

The subrogation process helps recover your deductible and out-of-pocket expenses. In addition, it can keep claims that weren’t your fault off your insurance record and help maintain your premium.

Service encounter

INTRODUCTION
A service encounter is defined as a moment when a customer interacts with a service or product for the first time. It is the customer’s actual interaction with a service company. It is identified as a key component of the current agenda for service marketers. More than half of the world’s multinational corporations employ in providing services, thus the scrutiny of service encounters is becoming increasingly significant. Research evidence indicates that customers generally compare their expectations with the performance of service industries and they are influenced by the quality of service they receive. The scope of this essay is to discuss about the view that customers don’t buy products they focus on solutions and also about the consumer’s behaviour pattern regarding services provided. Further, it will be noted how businesses are trying to improve the service quality to attract customers leading to an increase in the economic competitiveness.

DISCUSSING MARKETING APPROACH
Traditionally, marketers were focused mainly on selling a product. They started with production and marketing was done while selling and promoting the product to attain sales at a profit. In this technique, they were of the view that the product should be brought in the market with an aggressive selling strategy and imposed in the market through promotional pressures. Their marketing purview was limited to 4P’s which are product, promotion, price and place for profit maximisation.
As a result of the above they were giving less importance to customer satisfaction and customer relationship building. This form of strategy conformed to short term business motives. In a globalised and highly competitive world, modern marketing is about concentrating.

Oracle

1. Oracle Database Architecture

An Oracle