WHITE PLAINS, NY–(BUSINESS WIRE)–Marsh McLennan Agency (MMA), a subsidiary of Marsh, today announced the acquisition of CS Insurance Strategies, Inc., a Chicago-based full-service insurance agency. Terms of the acquisition were not disclosed. Founded in 2009 by CEO Charles Smith, CS Insurance Strategies is a minority-owned brokerage firm that provides employee health and benefits consulting, commercial […]
Insurance Strategies and Challenges: Using Intelligent Automation to Improve the Customer Experience Many insurance companies have introduced RPA capabilities only to find themselves locked into a tactical implementation that limits their ability to scale benefits. Blue Prism is helping more and more insurers take the leap towards integrating intelligent automation in a more strategic and […]
In August-November 2021, 5,500 Sberbank life insurance customers received coupon income on their SberCoupon. Invest in Life, an investment life insurance program, with returns ranging from 7.75% to 11% per annum depending on strategy, term and date of investment. Global trends under the SberCoupon. The Invest in Life program became the most popular strategy in […]
Insurance may be a client’s least understood and most undervalued asset, even by financial advisors. This is certainly the subject of a long and ongoing debate in the financial industry. However, as the COVID-19 pandemic continues globally, many more advisors are being asked questions about the value of life insurance as well as long-term care, […]
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October 21, 2021 – The hindsight is 20/20, and directors and officers of publicly traded companies are beginning to think about the approach to year-end reporting. The craze for special purpose acquisition companies, or SPACs, has reached a fever pitch over the past year, but with that popularity has come increased regulatory attention and greater […]
Risk management, insurance and security are taking center stage in every conference room zoom meeting today as businesses adjust to the “new normal”. Businesses and real-time investors across all sectors have seen their risk appetite diminish due to stifled supply chain systems, rising volatility from global signals and an uncertain trading climate. Everyone wants some […]
Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. A series of back-to-back winter storms left millions of Texans without power and water in mid-February 2021. The statewide disaster also left Texan homeowners with perhaps billions of dollars in damages. As […]
The decisions you make when buying life insurance in your 20s or 30s can help you avoid scrambling to find coverage before your term policy expires. You could buy a permanent life insurance policy and never worry about the coverage expiring. But the premiums are much higher than premiums for term insurance, and young families […]
By Suzanne Wikle The COVID-19 pandemic reminds us how fragile our health insurance system is and how, too often, insurance is either tied to someone’s job, unaffordable and/or completely inaccessible. The crisis is forcing people to scramble to find health insurance, perhaps because they or their spouse lost a job that provided insurance or they […]
To print this article, all you need to do is be registered or log in to Mondaq.com. Federal tax law has permitted US corporations to incorporate so-called “captive” insurance companies for many years, and many large corporations have done so. It is only relatively recently that the arrangement has gained traction with smaller public and […]
Long-term care insurance may be old-fashioned, but long-term care cover? This is an other story. While sales of traditional LTC policies have fallen sharply in recent years, life insurance policies and annuities with SLD benefits are growing in popularity. “A lot of people don’t want to use the traditional SLD approach,” says Randy Becker, a […]