Measuring and Analyzing Productivity Indicators in the Iraqi General Insurance Company for the Period (2011-2020)

Abstract

The research aims to present the basic concepts of productivity and its importance. Determining the metrics used and the most important indicators affecting the productivity of the research sample company. This was done for the purpose of answering the research problem, which is the contribution of measuring productivity indicators to the production process of the Iraqi General Insurance Company? What is the most important indicator in the production process of the company? The research hypothesis was formulated to study and determine the relationship between productivity measurement indicators and the company's outputs. The Iraqi General Insurance Company was chosen as the research sample as it is the second largest and oldest insurance company in Iraq in terms of capital, productivity and human resources. One of the most important results of the research is the increase in productivity in general for the company. In addition, the increase in the company's productivity indicates that it was not exposed to losses and achieved profits during the study years, but in varying proportions. One of the recommendations of the research is the need for Iraqi insurance companies, especially government insurance companies, to pay attention to measuring and analyzing total and partial productivity. It is an indicator of the activity and performance of the insurance company during the financial year. And the establishment of a special section to measure and analyze productivity within the organizational structure of the Iraqi Insurance Company to periodically measure productivity indicators.