Tom Spencer

JUNE 30, 2023

The financial services industry comprises firms that operate across a range of sectors: Asset & Wealth Management, Banking & Capital Markets, and Insurance. In simple terms, asset management firms are the ‘manufacturers’ of investment products (e.g., clients can purchase iShares on the RBC Wealth platform).

Banking 78

Banking Management Real Estate Insurance 78

IMC USA

JANUARY 20, 2011

PROFESSIONAL LIAIBILITY INSURANCE TO ITS MEMBERS. January 15, 2011) – Affinity Insurance Services, Inc. , a subsidiary of Aon , along with the Institute of Management Consultants (IMC), announced today that Aon will be the exclusive administrator of its Professional Liability insurance program to IMC’s members. HATBORO, Penn.

Insurance 100

Insurance Insurance Ethics Nonprofit 100

BCG

MAY 4, 2016

When Chinese life and auto insurers set their agendas, they should think about how to make their brands more trustworthy, their products and services simpler, and their claims processing faster and more transparent. Their answers provide a map of where insurers can look to gain an advantage. Article Friday, May 06, 2016.

Insurance 40

Insurance Insurance Survey Government 40

BCG

AUGUST 18, 2016

One Monday morning, as he rides the bus to work from his new apartment in the city’s Wilmersdorf section, where the family moved over the weekend, Rolf downloads his insurance company’s mobile app and updates his account information. And the company has e-mailed him a link to information on its retirement products.

Insurance 40

Insurance Insurance Data Productivity 40

BCG

DECEMBER 15, 2016

Article Thursday, December 15, 2016 Life insurers are feeling the squeeze. In their efforts to adapt to this upside-down world, life insurers are focusing on optimizing their investment strategies and operations. The industry’s overall business growth has stalled, and investment income has become a critical mainstay.

Insurance 40

Insurance Insurance Cash Flow Management 40

Harvard Business

AUGUST 15, 2017

One company that’s making headway on that goal is CSAA Insurance Group (CSAA IG), one of the insurance companies affiliated with the 55 million-member American Automobile Association (AAA). With almost 4,000 employees, CSAA IG has embarked on a systemic approach to create a pervasive culture of innovation.

Insurance 41

Insurance Insurance Culture Training 41

Harvard Business

AUGUST 28, 2017

It might seem, then, that private insurance can be of little help in addressing climate change. There’s concern that for-profit insurers won’t want to insure risky properties, and that individuals won’t have the wherewithal to buy insurance plans in the first place. Dating back to at least F.

Insurance 38

Insurance Insurance Real Estate Industry 38

Tom Spencer

JUNE 9, 2023

These systems can suggest relevant products that customers are likely to enjoy. For example, Alibaba, a leading Chinese e-commerce company, could conduct sentiment analysis of customer reviews of individual products and services, and use these insights to modify existing products and develop new ones.

Data 147

Data Operations Efficiency System 147

On the Brink Podcast

APRIL 10, 2023

Her organization, the National Association for Business Resources , was focused wholly on businesses in Michigan, offering important services from insurance products to support with accounts receivables.

Insurance 67

Insurance Insurance Meeting Talent 67

MishTalk

SEPTEMBER 20, 2014

French vegetable farmers protesting against falling living standards have set fire to tax and insurance offices in town of Morlaix, in Brittany. The farmers say they cannot cope with falling prices for their products. Here is another case in point: French Farmers Torch Tax Office in Brittany Protest.

Insurance 76

Insurance Insurance Marketing Management 76

Strategy+Business

JUNE 28, 2016

Health insurance companies are pursuing disruptive technologies that promise to revolutionize treatment, health management, and doctor-patient interactions.

Insurance 31

Insurance Insurance Survey Productivity 31

Tom Spencer

APRIL 14, 2023

This may include setting up insurance policies, creating a retirement plan, and other risk management strategies. For example, a wealth manager may recommend that a client purchase a specific type of insurance to protect their assets from unexpected events such as death, disability, or critical illness.

Management 88

Management Financial Real Estate Insurance 88

Harvard Business

NOVEMBER 22, 2016

The insurance industry has not been immune to AI’s advancement – whether implementing robo-advisors for investment management (Vanguard and Charles Schwab) or applying AI to insurance and loan underwriting (the Chinese search giant Baidu, which provides enhanced risk assessment capabilities). Assess readiness.

Insurance 28

Insurance Insurance Industry Turnaround 28

Harvard Business

JANUARY 18, 2018

tax law has made this task even harder with its elimination of the individual mandate for health insurance, a part of the Affordable Care Act that requires individuals to buy insurance or risk having to pay a tax penalty. Critics argue that the new U.S. But the effect of the mandate on coverage was never particularly impressive.

Insurance 31

Insurance Insurance How To Guidelines 31

Tom Spencer

APRIL 18, 2020

Interviewer: Firm A is in the life insurance industry and looking to create different pricing for individuals within the market based on their profiles and would like your help to do so. Secondly, cost based pricing, which involves adding a mark-up on top of the production cost. Jane: There are three ways to develop a pricing strategy.

Case Interview 88

Case Interview Insurance Insurance Interviews 88

Markovitz Consulting

NOVEMBER 19, 2019

In the space of two weeks, the New York Times and the Wall Street Journal both ran articles on the productivity benefits of reduced work hours. Not to be outdone, NPR reported that Microsoft Japan moved to a four-day workweek this summer while increasing productivity by 40%. There’s certainly some truth to that argument.

Time Management 145

Time Management Balance Sheet Management Software 145

Seth Godin Blog

MAY 8, 2019

Think twice before turning this circle into prospects by selling them products and services. If your product or service isn’t good enough to sell to strangers now, it’s not going to be good enough after you sell it to your inner circle. [On First, it doesn’t scale. You don’t have enough relatives to cash in on.

Insurance 32

Insurance Insurance Productivity 32

Harvard Business

OCTOBER 18, 2023

This article shows how Kenvue, a former Johnson & Johnson company invested in “real” insurance policies — capabilities and resources that make a supply chain resilient under conditions of high uncertainty. Specifically the company invested in three strategic capabilities: surge capacity, partnerships, and data and processes.

Insurance 60

Insurance Insurance Policies Resources 60

Johanna Rothman

MAY 23, 2022

Because most (US) health insurance is location-based, how does the organization decide on which health insurance to buy and how much does the company contribute? And she wants the teams to create products the customers want to buy. Over her career, Jenny has learned that it's easier to sell more product than to manage costs.

Agile 75

Agile Engineering Insurance Insurance 75

Consultant Ninja

NOVEMBER 18, 2013

Ignoring the signup/website experience, I''m curious about the customer satisfaction and actual value from the core product. I''d just ask 4 questions: 1) Did you have health insurance prior to getting insurance via healthcare.gov? Yes/No] 2) If so, how are your health insurance premiums compared to your prior plans?

Metrics 100

Metrics Insurance Insurance Survey 100

Tom Spencer

DECEMBER 9, 2017

The concept of medical cannabis covered under health insurance has just become law in Germany. From a digitalization perspective, prescription management and insurance approvals is ripe for reform. The Bundestag voted unanimously for it to be covered by public health insurance in January and the law went into effect in March.

How To 121

How To Insurance Insurance Productivity 121

Tom Spencer

JUNE 16, 2018

Historically, financial services products were designed for a world of greater certainty and less choice. In this context, they provided accessible deposits, savings, loans, and insurance – with relatively limited need to give advice. These traditional products have value. Figure 1: Financial Needs Hexagon (Oliver Wyman).

Oliver Wyman 79

Oliver Wyman Banking Insurance Insurance 79

Tom Spencer

SEPTEMBER 29, 2013

Invest for the future, reduce your debts, and insure your income. If you are unexpectedly laid off or demand for your company’s products suddenly plummets (think Blackberry ), then you will want to have a healthy financial buffer to buy you time to recover. Insure Your Income. Invest for the Future.

Insurance 83

Insurance Insurance How To Financial 83

Consulting Matters

OCTOBER 30, 2020

Dan Weedin is an author, speaker, consultant, coach, podcaster and founder of Toro Consulting , a firm that specializes in small business growth, particularly in the insurance/risk business. Dan Weedin: Well I'd been an insurance broker for pretty much all of my career. So I had been selling insurance but then I started thinking.

Consulting 296

Consulting Insurance Insurance Methodologies 296

Business Consulting Agency

APRIL 8, 2024

Operational Efficiency and Process Improvement Efficient operations are crucial for small businesses to streamline workflows, reduce costs, and enhance productivity. This includes cybersecurity measures, data protection, insurance planning, and crisis management strategies to safeguard business continuity and reputation.

Small Business 52

Small Business Consulting Cash Flow Process Improvement 52

MishTalk

FEBRUARY 23, 2015

Currency Wars and QE Strain Life Insurance Companies and Taxpayers Bob gets credit for the phrase " beggar thy taxpayer " but I have been thinking along those lines for quite some time. Similar products are sold across Europe, but the guarantees have been particularly generous in Germany. The ECB''s policy. is reaching its limits now."

Insurance 28

Insurance Insurance Policies Benchmarking 28

Harmonious Workplaces

DECEMBER 18, 2023

Earlier that month, the administrative assistant informed everyone that health insurance costs would rise without additional subsidies and no one would receive holiday bonuses this year. These lunch breaks reduce stress, allow people to feel more productive, and boost mental clarity plus happiness.

Culture 98

Culture Organizational Development Cash Flow Ethics 98

Seth Godin Blog

AUGUST 21, 2023

Amazon is testing a different way to show reviews on the products they sell. This new format means that higher-rated items won’t have as much of an advantage–which will push other vendors to buy ads and run coupons (which Amazon makes a profit on) instead of either gaming the reviews or actually making a better product.

Software 40

Software Insurance Insurance Enterprise 40

Harvard Business

MAY 19, 2016

To them, the unit of differentiation is an individual product, service or brand. The heart of differentiation therefore is your company’s ability to develop and promote distinctive products, services, and branded experiences on a consistent basis. This is a change from the differentiation strategies of the past.

Productivity 39

Productivity Company Enterprise Retail 39

BCG

APRIL 11, 2017

The prevalence of transaction accounts, the availability of credit, and the willingness to save and buy insurance products are all positive markers of economic and social improvement. On the flip side, too much credit, high fees, and ill-suited insurance products are all counterproductive.

Financial 60

Financial Insurance Insurance Benchmarking 60

Tom Spencer

SEPTEMBER 28, 2013

Social Customer Service platforms can be customised, which means you can create ‘groups’ focusing on specific products or themes. If you’re worried about risk, then you can always explore the types of business insurance which are available (there are a tonne of business insurance products out there).

Insurance 104

Insurance Insurance Software Media 104

Successful Independent Consulting

MAY 15, 2017

If you can, pay your health insurance with this same card since it too will be tax deductible. Use this credit card for as many expenses as you can, including recurring expenses like your cell phone and internet service and health insurance. Determine if you need business insurance or need to increase your personal coverage.

Consulting 150

Consulting Insurance Insurance Cash Flow 150

Successful Independent Consulting

OCTOBER 5, 2017

Some agencies provide access to group health insurance plans, a plus in the U.S. It may be worth doing one project just to get access to better health insurance rates, but I’m not sure how good the rates are or if they offset the first disadvantage listed below. Faster, easier, cheaper business administration.

Consulting 150

Consulting Talent Insurance Insurance 150

Harvard Business

MAY 26, 2017

In their study, the researchers surveyed 168 employees of an insurance company in the southeastern United States. Having coworkers also be friends might be a little more draining emotionally, but it makes us far more productive overall.

Productivity 38

Productivity Survey Research Study 38

Harvard Business

JUNE 16, 2016

The companies with the greatest value from IoT to date are the best at dealing with how products are performing for customers. Of course, every company eventually gets the truth about how its products and services are performing for customers. What’s more, that percentage generally goes down the lower the price of a product.

Productivity 28

Productivity Wireless Data Survey 28

Martinka Consulting

JUNE 16, 2021

Medical and dental insurance is essential and there are (at least) two aspects I don’t like about how it’s provided. Others would see it as reducing career advancement, reducing productivity because there are unhappy employees, and/or not letting a company hire better people (through normal attrition).

Insurance 40

Insurance Insurance Small Business Government 40

Rick Conlow

OCTOBER 2, 2021

You undoubtedly can add some of your own: A CEO who cut employee benefits because the company’s insurance costs rose when two employees had babies born with complications that cost a million dollars each for care. What’s the underlying cause for most of these failures? Here are a few examples of that give clues.

Leadership 116

Leadership Survey Sports Development 116