What You Need To Know About Captive Insurance

Captive insurance is the practice of a parent group, or groups, creating a private insurance company to cover the needs for itself and its subsidiaries. This type of insurance can offer many benefits and risks to the companies involved, so talking to a consultant to go over the specifics for your group can give you the best picture of your individual case. Many consultant companies in the captive insurance industry can also help you with the paperwork involved in creating and managing the captive as well as offer other benefits.

What You Need To Know About Captive Insurance

Benefits

One of the benefits you can get from captive insurance is that any dividends from a claim-free year can be put back into the group in the form of returns after retirement or dividends on a yearly basis. Other benefits include lower fees and coverage that better fits your needs. You can go over whether these benefits will work for your company type by talking to a captive insurance consulting firm and even get help setting up and managing the group captive.

Risks

One of the risks that you can take with captive insurance is that there will not be enough funds to pay a claim if the captive is small enough. This risk can be minimized by smaller companies or professional individuals, such as doctors or lawyers, band together with the help of a reinsurer. This can involve more fees to start up and can also involve more paperwork and more work for the reinsurer to manage the captive.

Working with a consulting firm for your captive insurance needs can help you get the right coverage for yourself, your company and your group. This consultant can go over the benefits and risks of this type of insurance as well as help you set it up and manage …

» Read more

Make These Simple Adjustments to Your Business

In the world of business, simple is always better. When you don’t need to put in much effort to yield great results, it can be a perfect situation. If you’re looking for efficient ways to improve your business, then you might feel like there’s no easy way to get started. In truth, there are many great options to consider when you want to get more out of your company. Check out these ideas and find the right fit for you.

Make These Simple Adjustments to Your Business

Talk to Your Staff

One of the best ways to get the ball rolling is by opening up the conversation to the people who work for you. Talking to your staff can give you amazing insight when it comes to how your business is currently faring and the actual problems it will be facing in the near future. The more you learn about how your staff feels, the easier it will be for you to understand how to formulate a plan of attack. You may even learn that there aren’t many immediate issues that need addressing, which can be fantastic.

New Technology

Investing in the right equipment can also help you make the right improvements to your business. If you have it in your budget, then think about which pieces of new tech may be able to do the most good for your business. An LCD monitor can benefit businesses of all types. Companies like tru-vumonitors.com offer a range of options when it comes to customization so that businesses can find the perfect fit for their specific industries. Find what works best for you and make your decision.

Making the right adjustments to the way your business operates can yield some positive results. Start with small, manageable steps and you’ll find that it is much easier to take on …

» Read more

Internet Marketing – Finding Balance Between the Old and the New

Ever since Henry Ford invented the assembly line, there has been a battle between those who embrace innovation and those who prefer the status quo – sometimes referred to as the good old-fashioned way of doing things.

I contend that the best of both worlds lies somewhere in the middle of the two and embraces technology and automation without forgetting that behind every machine is a warm-blooded operator and an end user with a beating heart.

Using technological tools to enhance connection and communication with other people is a great application.  Using them to replace human interaction – not so good.

Let me give you a couple of examples:

Email Marketing

Good: Sending a weekly, bi-weekly or monthly newsletter packed with useful information and a small amount of promotional stuff.

Not so good: Sending lots of “buy this from me” promotional messages with no attempt to provide information that the reader finds useful.

Good: Asking for permission to send email by using an opt-in process.

Not so good:  SPAM-ing people by buying a list or adding them to your database without their permission.

Twitter

Good: Scheduling 10-15% of your tweets to go out automatically but tweeting “in person” the rest of the time.

Not so good: Scheduling most or all of your tweets and almost never showing up “in person” to interact with your Tweeple.                

The question I get asked most often about technology tools like Twitter, Facebook, LinkedIn, email marketing or blogging is, “Can these things help me grow my business and should I bother with them?”

My answer to both is twofold: Yes and No.

Yes, if you are planning to use these and other tools like them to build and strengthen your relationships with the people that you are doing business with already – or …

» Read more

Information On Mobile Applications Like Blackberry

The technology world is booming. There are so many different types of Mobile applications that have come to surface lately. Once can literally check out hundreds to thousands a day and still not have looked through everything. This is a constant development, as vendors want to have many varieties and choices so one can purchase at any given time. A Developer can have a field day with Mobiles Development for the Blackberry Applications. Much to the Developer’s delight with the ease of implementation, these new mobile apps. Are commanding and well planned out.

This growing trend of applications has been a hit for many PDA’s. The tremendous amount of functionality has been a show stopper for many years now. Most folks prefer the Blackberry and it’s reliability. One sees it just about everywhere, from nurses to business men and women. It’s functions are suited for everyday life and if one is a corporate professional, this can be a necessity to have.

The Blackberry Development stages are concise and a lot of fun to try. For example, there is an icon that allows one to access their favorite websites, files and contacts. This particular application is much faster than a bookmark. This is one of many, many applications to choose from. Once purchased, one will have many, many hours of enjoyment. The applications can change an un-organized individual to a completely articulate, organized and multi-tasking individual. Mastering the art of these applications are just pure joy!

Mobiles today are fascinating and the capabilities are astounding. From the beautiful color images and some with sound capabilities. Navigating through any one of these applications can be one of the best experiences one has.

There are many phases to developing an application for any PDA. The thought out planning stages are mind …

» Read more

Are You Dogfooding Your Own Marketing?

Dogfooding, or, “eating your own dog food” is typically what happens when a company uses the products that it makes. Dogfooding in the context of marketing and communications, especially insofar as social media is concerned, is when an organization takes the time to leverage new age marketing technology to develop community, drive awareness and enhance the culture of its own organization before, as I always say to my audiences, “inflicting new media on their customers”.

So what, you say? Well, you may already know that digital and emerging media is outsourced far less than any other type of marketing activity. The reason is that any social media effort needs to be piloted by a true steward of the brand. The steward is someone who gets the convergence of the personal nature of social media and the cultural imperative for organizations who decide to truly engage with their stakeholders. That steward, and not the outside expert, needs to be steeped in the dog food that the organization is going to be shoveling out…

By dogfooding your digital and integrated marketing efforts, you not only become familiar with the tools and technology, but realize the desired effect of becoming a more approachable and conversational culture that drives business growth in the age of conversational marketing.

One caveat: You’re not the audience. Always keep your customer in mind. Dismissing something prematurely because it doesn’t work for you internally could just be a case of dogfooding myopia!

Are you dogfooding your marketing? Even if social media or geo-marketing efforts or that cool app you want to develop are far off, you need to be acclimating your organization today to embrace the challenges of tomorrow.…

» Read more
1 2 3 4 5 46