...Basic tips for modest car insurance The need for least expensive car insurance is on the rising now because of improvement in the cost of car insurance. Individuals tend to trust that it is dubious yet we can fundamentally discover it with the right ways and determination. Firstly, have a go at keeping up a respectable driving record. Not that it will chop down our car insurance rates it will besides keep us safe and keep incidents from happening on our car. Less tickets and warning by the powers on activity offenses will in like way spot us in better positions to get poor car insurance. Thus, have a go at taking after keeping in mind the end goal to evade criminal development offenses past what numerous would consider conceivable compelled and don't drink more than the permitted liquor level before driving....
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...There are several areas that need to be explored when taking into consideration the economics of bionic human engineering because there are multiple parties involved in these considerations that include, the scientists, the patients, the doctors, the investors and the insurance companies. The culmination of these entities are what drive the research to happen in the first place based on the supply and demand strategies that the business environment drives. The interest in this technology for the scientist can stem from several different interests like personal interest in helping others, expanding technology, producing new ideas, and mainly an income source that will provide profitability for themselves and the companies that they work under. This profit margin on these types of technologies is what drives large scale companies to invest time and money into researching bionic engineering for human use. The risk of developing this type of technology is huge based on the amount of money needed to invest initially while still maintaining continuous investments throughout the life of the project itself. The benefits that all of these companies strive to obtain becomes endless once they have a working prototype that they can present to other investors. Most of these companies decide to produce the products themselves once they have perfected it, but there is a small amount that will sell the results to a company that is willing to then take on the responsibility of manufacturing the...
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...THE RISK MANAGEMENT PROCESS Risk Management-What Does It Mean? FYI 96% of firms in international commerce have less than 500 employees - USCB By 2005,k average mid-size company will generate 1/4 to 1/2 of it revenue from outside U.S. Management Process of Planning, Organizing, Leading, and Controlling an organization’s or other entity’s resources to fulfill its objectives cost-effectively. 5 Step Sequence in RM Process Identify & analyzing exposures to accidental and business losses that might interfere with organization’s basic objectives. Examine feasible alternative risk management techniques to deal with exposures. Selecting the apparently best risk management techniques. Implement the chosen risk management techniques. Monitor results of chosen techniques to ensure the risk management program remains effective. Risk Management Process of making & implementing decisions that will minimize adverse effects of accidental & business losses. Broad View of Risk Management Casualty Risks - hazard risks or accidents Liquidity Risks - Insufficient cash or other liquid assets Market Risks - not being able to buy or sell goods or services the organization needs or provides in normal markets and usual terms and prices. Political Risks - Adverse actions of governments that might expropriate or excessively restrict or tax an organization’s assets and activities. ...
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...http://dir.yahoo.com/business_and_economy/shopping_and_services/automotive/rentals/by_region/countries/ http://www.slideshare.net/DaveBrook/bringing-carsharing-to-your-city http://en.wikipedia.org/wiki/Carsharing Competitors http://www.enterprisecarshare.com/ http://www.carpingo.com/ http://www.hertz247.com/ Price of similar products ******************************************************************************************************* Types of Car Sharing: P2P - PEER TO PEER A fleet of cars is owned by a community. The marketplace matches owners of cars that are available to other drivers to rent. Eg: https://relayrides.com/ http://www.getaround.com/ B2C - BUSINESS TO CONSUMER A company owns a fleet of cars and facilitates the sharing amongst members. AUTO MANUFACTURERS http://www.daimler.com/ http://www.bmw.com/ http://www.peugeot.com/ CAR RENTAL BRANDS http://www.hertz247.com/ http://www.enterprisecarshare.com/ CAR SHARING BRANDS http://www.zipcar.com/ http://www.stattauto.com/ NFP - NOT-FOR-PROFIT OR CO-OP A local organization or community that facilitates car sharing with the goal of changing driving habits over making a profit. https://www.citycarshare.org/ http://www.enterprisecarshare.com/ http://igocars.com/ Canadian Websites: http://www.communauto.com/ http://autoshare.com/ http://www.modo.coop/ Spanish Website - http://www.sigocar.com/ Brazelian Website - http://zazcar.com.br/ Irish Website - http://www...
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...domestic product (GDP) with a projected growth to 19.8% by 2020 (Cummins, 2011). Spurs in higher utilization, advancements in medical care, and the ever increasing population are the major contributing factors influencing such a change. This paper will look at the birth and evolution of health insurance, while diving into the microeconomics and supply versus demand aspect of healthcare. History- The Birth of Health Insurance From the bartering of the early 1800s to the development of the health care reform bill, methodologies in the funding of health care services have been forever changing with an increasing price tag. In the early part of the 20th century, the country’s knowledge of medicine began to grown and with it so did the fees associated with this knowledge. Poverty drove the need for the development of a functioning health care economic system. Labor conditions and illnesses related to immigration created an environment in which individuals could no longer predict their impending medical needs or the associated costs. An answer to this dilemma came in the form of the earliest health care insurance providers and carriers. The beginnings of health insurance can be traced back to just after the time of the Civil War, when the basis for a plan was based off of an accident. Illness-based health care delivery system began somewhere in the late 1890s. One of the...
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...of the four major players in the auto insurance industry, Progressive has long been a major innovator in the advancement of the industry. From its founding in 1937, it has helped to transform the auto insurance industry as we know it today. Its opening introduced the industry's first drive-in claims office. Progressive’s launch of its Safe Driver Plan, revolutionized industry policy standards by adjusting customer’s rates based on their estimated level of risk. This would prove to be the backbone of Progressive’s success, which continues even today. In the early 1990s, Progressive decided to once again flip the industry on its head with the introduction of the Immediate Response Claims Service, making them the first auto insurance group to serve customers at the scene of the accident. Several years later the deployment of Progressive’s marked and outfitted Immediate Response Vehicles (IRV) helped transport trained claims professionals to wherever the customer needed. In an attempt to be there for their customers whenever accidents happen, Progressive also began offering 24/7 customer service by phone. Progressive’s 1-800-AUTO-PRO number, the industry's first toll-free, made it the only company to give consumers a Progressive quote and the rates of up to three other top competitors. With the explosion of the Internet in the 1990s, Progressive once again seized the opportunity to better their customer service; becoming the first insurance group to launch a website, auto-insurance...
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...Role of Information Technology in enhancing the customer reach at IDBI Federal Life Insurance Company Ltd. Background of the Study Information technology has been providing wide range of benefits to all the business sectors. It has become hugely beneficial to the Insurance industry also. The key area in which it has provided major improvements and benefits is customer support. Insurance industry is perhaps the best example of an “information-based” industry, because its activities consist of gathering, processing and distributing information. To drive growth and profitability of the company, efforts are required to interact with and retain the customers. Information technology is driving changes in the functions of the insurance companies with its innovations. The companies that fail to keep up with the latest technologies have the risk falling behind in competition by relinquishing their leadership positions. Making no mistake, the insurance industry is at a pivot point as further success is likely to rest on today’s technology strategies and decisions. With increased competition among insurers, service has become a key issue. Customers are looking for more and features that add to better service. So, any insurance company today must meet the need of the hour with more and more sophisticated approaches while handling the customers. Today, managing the customer intelligently is very essential for the insurer, especially in this highly competitive environment. This project...
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...Literature Review The purpose of this study is to get an in depth understanding of the insurance industry to understand what could be the impact of FDI on Indian insurance industry. To strengthen this study and get in-depth understanding of the variables that could impacted due to FDI a review of the past research has been done in this section. An empirical study by (Li, Donghui; Moshirian, Fariborz; Sim, Ah-Boon, 2003) done on the U.S. insurance sector concludes that FDI contributes significantly to the volume of trade. This prompted studies to identify what are the important and significant variables that attract FDI in insurance. There have been many papers published that study the factors that lead to participation of in international insurers in a country’s insurance sector. A study by (Li & Moshirian, 2004) of the US insurance services for the period 1984-1998 tries to identify factors that increases the desirability for FDI in insurance. The major factors that this study identifies are national income, relative cost of capital, relative wage rate, total trade in insurance services, exchange rate volatility, FDI in banking, source country’s insurance market size and the financial development of the host country. Other studies that intend to find determinants that attract foreign participation in insurance market include study by (Ma & Pope, 2003) .The study reveals that major foreign market characteristics that determine international insurers participation...
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...0208088018/0242053940e-mail: iargbana@yahoo.comEDUCATIONAL BACKGROUND2012-2013 UNIVERSITY FOR DEVELOPMENT STUDIESM.A NGO Management and Rural Development2006-2010 UNIVERSITY FOR DEVELOPMENT STUDIESB.A Integrated Development Studies (Planning and Rural Development Option)2002-2005 GHANA SENIOR HIGH SCHOOL Senior Secondary School Certificate, General Artsprofile An efficient combination of idealism and pragmatism is what drives me, as I always continue to ask the questions- what could, can and will it be? I believe that there always exists a positive-sum alternative; it takes an appreciation for strategic, innovative, and systemic thought, along with a relentless quest filled with patience, hope and passion. My areas of expertise include, Business Development, Programme/Project Management and, Credit/Loan Management. CAREER OBJECTIVEI seek to work in an organisation that encourages an enterprising culture of the employee and enhances skill through frequent training and orientation. COURSESStatistics and Computing Introduction to Micro Economics Project, Program Planning and Implementation Mathematics for Social ScientistsReal Property PlanningResearch methods and techniquesPROFESSIONAL/work experienceFeb, 14 - Campaign for Female Education; Enterprise & Leadership Development-Intern Responsibilities:Provide comprehensive monitoring on Revolving Loans to Mother Support GroupsProvide business development training and mentoring to the young women of the Cama network. Assist in developing...
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...Business Strategy at the Organizational Level The purpose of this paper is to discuss the development of business strategy at the organizational level; the definition of this focus is the strategy that drives missions, goals and competitiveness at the policy level. Preliminary findings indicated that in the current organizational environment of market globalization, rapid technological change, shortened product life cycles, and increasingly aggressive competitors, dramatic changes are occurring with respect to the way work is done – these elements dictate the way that goals and strategies are assessed, determined and implemented. I spoke with Mr. Joseph Black, CEO of the company for which I work; we are a financial consulting business that also provides accounting and business strategies for corporate and high income individuals. Mr. Black stated that the partners realized early on that they could not provide all the information that a business would need, and so determined to provide consultation and services though strategic alliances with individuals and entities that could provide a mix of services. My company began as a bookkeeping and accounting firm, and then decided to expand its core competencies, based on the knowledge they obtain from working with the clients and the ability to recognize the clients’ financial needs. For example, the accountant works with a company and is very aware of, and familiar with, the way the company does business, its plans for expansion...
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...The healthcare system of a nation is influenced by external factors, including the political climate, stage of economic development, technologic progress, social and cultural values, the physical environment, and population characteristics such as demographic and health trends. It follows, then, that the combined interaction of these environmental forces influences the course of health care delivery in the United states. The main characteristics of the U.S health care systems : No central governing agency and little integration and co-ordination Technology driven delivery system focusing an acute care High on cost, unequal in access, average in outcome. Delivery of health care under imperfect market condition Legal risks...
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...This particular advertisement negatively affects the development of the mandatory health insurance policy. Many people were against this social policy from the beginnings because it was “mandatory”. No one wants to hear he or she is forced to do something. The beginning of the video explains the minimal insurance requirement/coverage. Then, the video states that everybody is required to have it or face a penalty. One then sees the picture of a man that is forlorn in appearance as he looks at paperwork which leads the viewer to believe it is his penalty letter. The video goes on to explain about penalties and how the penalties get higher over a three-year period. There are no positive affects discussed. The video wraps up with explanation of exemptions. At the end of the video, there is a limited discussion about the subsidies allotted to help people obtain coverage. Many people abuse the low income health clinics and go to county hospitals to be seen for non-emergencies and then do not pay. The county hospitals and clinics cannot turn an individual away, but all these unpaid bills are a big part of what is wrong with the health care system in America. Everyone should pull his or her own weight and obtain health insurance coverage. The subsidies provide help and there is a tax incentive. Obamacare advertisement does accurately portray the social policy. There are many things that determine social policy but the main characteristic that the Obamacare focuses on are seeking to...
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...Financial Services Practice Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth Contents Introduction Dramatic improvement and a paradigm shift 1 A Paradigm Shift The exit of undisciplined capacity Strengthened risk management skills Stronger foundational pillars The Implications The risk journey continues – with profitable growth as the new frontier 7 9 10 13 17 Continuous improvement of risk management Growing profitably in a competitive industry Lessons and barriers Levers to drive growth Upgrading the foundational pillars Conclusion Looking forward 17 21 28 38 43 Journey III: The Next Frontier in Property and Casualty Insurance The Challenge of Profitable Growth 1 Introduction Dramatic improvement and a paradigm shift In our first Journey report, covering 1979 to 1993, we reached three main conclusions about performance in the property and casualty insurance industry: 1. Risk management is the primary driver of success, not investment performance, expense management or financial leverage. We suggested that risk management had four components: enterprise risk management, capital management, product market management, and transaction excellence. 2. Performance is remarkably consistent and selfreinforcing. Winners keep winning, while persistent underperformers tend to be acquired...
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...Giving PPM Proposal: Planned Giving Development Team Alpha NAVAL AVIATION MUSEUM FOUNDATION 4/14/2012 Development Team Alpha NAVAL AVIATION MUSEUM FOUNDATION 4/14/2012 Executive Summary “Planned Giving,” as proposed by the NAMF Board of Directors, is forwarding for consideration by the NAMF Governance Council with Development’s highest possible recommendation for immediate initiation. With the exception of “Aircraft Restoration,” this project should be given NAMF’s highest priority. While this will result in some delays in completing NAMF’s Corporate Giving project, the lack of corporate philanthropic support during the recession, coupled with the potential exponential increases in ROI, make “Planned Giving” a very lucrative and very low-risk endeavor. Application of Portfolio Process In a world of fast paced technology and stiff competition, companies need a formalized approach and method for maximizing their portfolios, programs and projects, by assessing their impact on the business and the company’s capability to deliver. In developing and implementing such a process it is important to understand and evaluate the existing project inventory against a set of predefined criteria established by the portfolio management team. Excising non-aligned, redundant or those projects that do not provide value will release scarce resources for better opportunities. (Wiley, 2011). A firm understanding is thus required of what projects are in work and where they are...
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...Career Development Plan Summary HRM/531 October 9, 2010 Patricia Neu Introduction To improve the development of Kudler Fine Foods it is important to implement a business strategy to increase loyalty and profitability from our customers. Increase Kudler workforce is one way to achieve our objectives. The increase workforce will help Kudler focus on customer programs to expand Kudler store service, better target awareness, frequent shopper programs, increase efficient supply chain, and administration. To execute the new Kudler business strategy it is also important to recruit, train, monitor performance of the new employees, create incentives through market value compensation, and create career development plans that will help implement an overall business strategy. Job Descriptions and Qualifications Executing the business strategy will require the addition of five new positions. These positions will be created within the Kudler administrative organization chart as they will support all three current and any future stores. The new position will report directly to Kathy Kudler. The first new position will be the Director Marketing & Services. This new position will have responsibility to manage four new positions, including: catering manager, event manager, information manager, and a promotions coordinator. The Director of Marketing & Service responsibilities are: 1. Growing Kudler revenue through catering, cooking classes and wine appreciation...
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