Which aspect is NOT part of mutualization in insurance?

Mutualization in insurance refers to the process by which a stock insurance company transforms into a mutual insurance company owned by its policyholders rather than stockholders. Key aspects of this process include giving voting rights to policyholders, enabling them to influence company decisions, and distributing profits as dividends to members based on their participation in the insurance pool.

Choosing to increase stock value is not relevant in mutualization, as the focus shifts from profit maximization for shareholders to serving the interests of policyholders. In a mutual company, the emphasis is on providing benefits to members over enhancing stockholder value, which aligns with the cooperative nature of mutualization.

The change of company ownership is a critical element of mutualization because it reflects the shift from being shareholder-owned to being owned by policyholders. Similarly, policyholder voting rights and the distribution of dividends are integral parts of mutualization, as they empower members and align financial benefits with their contributions. Thus, the aspect that is not part of mutualization is the focus on increasing stock value.