Sure, independent agencies offer a choice of markets. That’s a nice benefit. But it also means you must key in customer information more than once in different formats and screens to accommodate the various companies. Add to that the agency …
We Media, a multimedia company designed specifically for the estimated 54 million Americans with disabilities, their families and friends, selected KinsuranceCenter.com, the online subsidiary of Kaye Group Inc., to help develop a full-service insurance channel. We Insurance will provide answers …
General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway Inc., completed its analysis of strategic alternatives for General Re Financial Products (GRFP), determining that it will resume its activities with some changes. Berkshire Chairman Warren Buffett said he “unequivocally” …
Efinancial depot.com has signed a letter of intent to acquire eZnow insurance.com, a Web page that offers a wide range of insurance services online, including life, home, rental, commercial, auto, boat, casualty and health policies. EZnow insurance.com is the online …
The recent “Love Bug” computer virus has generated a lot of speculation over the extent of the losses caused to business, and to what extent they were covered by insurance. The impact could include cluttered e-mail in-boxes, Web site crashes, …
Reliance Surety Group has asked Securities and Exchange Commission (SEC) regulators to withdraw its proposal for an initial public offering. The back-tracking is a result of the parent company’s recent deal with Travelers Casualty and Surety Co. to sell off …
Standard & Poor’s (S&P) has placed its ratings on several insurance companies with significant exposure to the California workers’ comp market on CreditWatch with negative implications. These rating actions, combined with recent negative rating actions taken on Fremont General Corp. …
China, PNTR and WTOÐPart II What is the Chinese Market? The Western world has long had an ongoing fascination with China’s enormous population-1.2 billion and counting. Corporate leaders fantasize that, if only 10 percent of that population bought insurance coverage …
Very few agencies tell short stories about agency management systems. ItÕs usually more of a trial-and-error tale that includes a series of purchases, regret and, in many cases, a happy ending that is contingent on finally finding the product right …
¥ About one-quarter of all p/c policies for homeowners will be sold online by 2003. ¥ Online insurance sales are expected to reach $4.1 billion in 2003 and grow to $6.3 billion by 2006. ¥ An estimated 40 percent of …
