Most business’s want to shop the marketplace to ensure they have the most competitive terms & conditions but are you actually doing more harm than good shopping in the traditional model? Let’s define the traditional model as having your incumbent broker and two outside brokers in reviewing and obtaining quotes from the carriers. Here are…
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Saves lives & avoid the risk
In 2013 distracted driving led to more than 3,100 fatalities and 420,000 injuries in the U.S. At any point of the day, 11% of drivers are talking on their phones or texting. Insurance carriers have lost their shirts on the automobile line of coverage. We found that many decisions makers within organizations are hearing the same…
Drowsy Driving Persists as Fatal Crash Cause
The below article is so important I am coping and pasting it into this blog post. Please read and forward. source: http://www.automotive-fleet.com/news/story/2016/08/drowsy-driving-persists-as-fatal-crash-cause.aspx Nearly 83.6 million sleep-deprived Americans drive every day — a dangerous trend that last year led to an estimated 5,000 lives lost in drowsy driving-related crashes, according to a new report from the Governors…
Insurance is ready for an upgrade
This is a great article written regarding the insurance industry and the future of it in relation to technology. Every industry must adapt and grow in order to survive. The insurance industry is notorious for being “old school.” Within the next decade the industry must catch up with the world. This article demonstrates that to…
Retaining the illusive Millennial talent
The up and coming stars of the future are the Millennials. They are typically in the 18-34 age bracket. It is a grouping of talent that is unlike those before. In a recent post by Lydia Abbot she describes the Millennial group as multitaskers, well connected & tech-savvy with a strong desire for work-life balance, instant…
The calm before the storm
I recently watched a storm movie where massive tornadoes ripped through a small town taking lives and causing massive destruction. No, it was not sharknado. The connection I make from the movie to our everyday business is “the calm before the storm” or ” the eye of the storm.” In one scene of the movie the…
M&A Culture Assessment
A merger and/or acquisition can be a very profitable option for all parties involved. With that said, it is important to properly vet the parties to ensure the ultimate decision is the correct one. Too often organizations enter into this type of arrangement and uncover pitfalls and falsities only it being to late to pull…
The biggest risk to investors today
Yahoo!Finance recently released an article essentially outlining what the next big bubble will look like. I tend to agree with their assessment. With the historic political environment, inconsistent economic results and a heavy regulatory environment it is only time before we witness another bubble burst. Yahoo! indicates it will be derived from the higher U.S…
Know the Common Directors & Officers (D&O) Insurance Exclusions
(click on the link below to access the PDF document) Know the Common Directors and Officers Insurance Exclusions
Is Your Organization Prepared for an Active Shooter?
We see it every day in the news… We read about it in the papers… Families are forever changed due to it…. YET, business’s for the most part have not addressed this emerging risk. As an organization how would your employees deal with an active shooter? As an organization are you aware of the costs…
The Advisor 