Written by Rachel Murphy on October 20, 2011.
Did you purchase your home owners insurance and then never looked back? Well, maybe it is time for you to dig that home owners insurance policy out. If you own certain expensive items, such as jewelry, Oriental rugs or home office equipment, more than likely you will need a rider on your homeowners insurance policy. A rider is like a mini-insurance policy added to your current home owners insurance policy and it will give added protection to certain items that may be excluded or have low limits on your home owners insurance policy.
Written by Kristin Wright on October 14, 2011.
My last series of blog posts focused on the mitigation of credit and political risk in a highly volatile and threatening world economy. While there haven’t been many improvements to provide hope that the risks facing companies around the world have reduced, today is a lovely April day, and so this post focusses on how credit insurance and better management of the accounts receivable can provide very positive benefits, even if a claim for a bad debt never occurs.
Please note: The non-claim benefits accruing from credit insurance vary depending if the client is a large company, a small company, a company exporting goods or a company providing services.
Benefit #1: It takes time and money to approve a new buyer, but obtaining a credit approval under a credit insurance policy can be faster and less expensive than you may think. W
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Written by Rachel Murphy on October 11, 2011.
Innovation: The term innovation derives from the Latin word innovatus, which is the noun form of innovare to renew or change . Innovation generally refers to the creation of better or more effective products, processes, technologies, or ideas that are accepted by markets and society. Innovation differs from invention or renovation because innovation generally signifies a substantial positive change compared to incremental changes. Is that possible in Insurance technology? Celent thinks it is and that is why every year we recognize insurers who have effectively used new technology in areas such as policy administration, claims, distribution, or underwriting (to name a few) in an innovative and successful way. Innovation in insurance may not be as world changing as the cotton gin, the microprocessor, or the iPad, but if a technology change has a substantial and measurable change on a companys revenues, expenses, processes or people, then it is innovation and we want to know about it.
Therefore,
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Written by Justin Morris on October 11, 2011.
The Co-operative Insurance has launched a new Smartbox, which may help drivers between the ages of 17 and 25 pay less for their car insurance premiums.
The new product is designed to reward young motorists for safer driving and will assess factors such as acceleration, braking, cornering, speed and journey times using GPS . This information is automatically sent back to the insurance company which will reward good behaviour with a Safer Driving Discount. Read more…
Written by admin on October 3, 2011.
If you want to acquire no down payment insurance there are a few things you need to be aware of first. After all cheap car and truck insurance” options are not available to everyone. In order to qualify for the best rates you need a clean driving record, a good credit report, and an uninterrupted history of car insurance. These factors will determine what your cheap car insurance with no down payment rate is. Consider the following factors to determine whether or not you may qualify for an insurance policy with no down payment.
Clean Driving Record
Wrecks, parking tickets, speeding tickets, and red light tickets all put bad marks on your driving record. Read more…
Written by Justin Morris on September 27, 2011.
Mother Nature seems to be quite upset this year. Already we’ve seen major earthquakes, unprecedented tornado activity, uncontrollable wildfires and an ominous beginning to the hurricane season. Below are just a few of the many natural disasters 2011 has seen:
Great East Japan Earthquake: A 9.0 jolt off the coast of Japan causing a major tsunami and the meltdown of three nuclear reactors at the Fukushima Nuclear Power Plant. The Japanese Police Agency has confirmed 15,780 deaths, 5,929 injuries and 4,122 people missing.
Tornadoes: There have been 1,764 tornadoes reported so far this year in the US. An
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Written by Rachel Murphy on September 25, 2011.
Guidewire Software, a provider of software solutions to property & casualty (P&C) insurers, has released Guidewire InsuranceSuite 7, the latest core system suite for P&C insurers.
Guidewire said in addition to enhanced versions of ClaimCenter, BillingCenter and PolicyCenter, InsuranceSuite 7 includes three new modules that increase its breadth of core process support: client data management, rating management, and reinsurance management.
Increasing the depth of functionality available to insurers, InsuranceSuite 7, enables improved quality of service to customers, increases business agility, and enhances an insurer’s ability to better respond to catastrophes.
Guidewire vice president of strategy Neil Betteridge said with InsuranceSuite 7 the firm extended both the breadth and depth of core system functionality available to P&C insurers, demonstrating the ongoing commitment to R&D investment to address the industry’s evolving needs.
“The suite also provides insurers the benefits associated with having pre-integrated systems built on a shared platform that are functionally rich applications in their own right,” Betteridge said.
Written by Kristin Wright on September 24, 2011.
Safety isn’t always pretty. We want to do the right thing, but doing so without ruining the décor is easier said than done. See Through Insurance is here to help. Weve searched far and wide for essential safety products you wont be ashamed to place in open, easily accessible areas of the home.
Fire Design
Say what you will about the French, these fire extinguishers made us swoon! Not only do they come in a plethora of colors and designs but they can actually save you in a household emergency. If
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