Decision Analysis on Sustainable Value Comparison of the London and Taiwan Markets for Product Integration of Family Security Services and Residential Fire Insurance

摘要

This paper explores a decision analysis on product integration of family security servicesand residential fire insurance in the London and Taiwan markets by using the proposed mathematicalmodels for counting sustainable value. This paper shows the five main different results betweenLondon and Taiwan markets with ten different parameters of the family security market, to findout the optimal number of family security integrated services for each security company in London.The improvement of the risk aversion effect based on risk and financial management will enhancethe market share of the private security industries in the London and Taiwan markets. The resultsof this research can serve as a reference for the decision-making of private security industries onproduct integration under sustainable value consideration. The research findings highlight thepotential benefits for both the private security industry and the insurance industry in their designand negotiation for product integration to improve both of business operation and achieve corporatesocial responsibility goals to match the sustainability in the future.