Competitive Market within Loss Adjusting/Insurance

Provide a brief context for an insurance organisation, or a division of an insurance organisation, with which you are familiar (Sedgwick International UK - Loss Adjusters) For this insurance organisation or division of an insurance organisation: • Explain briefly, the structure of the competitive market in which it operates. • Analyse three benefits and three challenges for it in competing within this competitive market structure. • Make recommendations, based on your analys​‌‍‍‍‌‍‍‌‍‌‌‍‍‍‌‍‌‌‌‍​is, to maximise the benefits and mitigate the challenges, whilst improving competitive success