JOURNAL OF MARKETING DEVELOPMENT AND COMPETITIVENESS
Intelligence Information Generation, Dissemination, and Responsiveness in the
Performance of Insurance Business in Nigeria
Author(s): Dallah Hamadu, Rita Obaji, Benjamin Oghojafor
Citation: Dallah Hamadu, Rita Obaji, Benjamin Oghojafor, (2011) "Intelligence Information Generation, Dissemination, and Responsiveness in the Performance of Insurance Business in Nigeria" Vol. 5, Iss. 7, pp. 53 - 62
Article Type: Research paper
Publisher: North American Business Press
Abstract:
This paper investigates the effect of market orientation practice on the performance of Nigerian
insurance business. An empirical survey was conducted among 420 insurers to collect and guage the vital
corporate insurance opinions toward meeting the research objectives. The findings of the multifactor
design analysis findings suggest that the levels of marketing intelligence dissemination and the response
to information generated have a significant impact on the performance of insurance business. Further
analyses, using multiple regression equation, reveals that the market intelligence generation,
dissemination and, more importantly, responsiveness to information feedback have a direct significant
causal effect on insurance business performance. The paper also discusses also the policy implications of
these findings.