Business Insurance An insurance cover to protect your business from unexpected events or fall during hard times. Business insurance offers end-to-end risk management services to provide a safety shield to your business and company from different types of threats, perils, tragedies, etc. The entrepreneurs who have started new business with a motive to achieve various goals and success should purchase business insurance as this will help them to secure their business from several risks like group life insurance, group mediclaim, group personal accident insurance, insurance for resources, package for office, fire insurance, along with insurance for liabilities. Importance of Business Insurance...
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If you’re a boater, you know the joys of spending an afternoon out on the water, but you also know the costs that are inherent in the experience. Boating — whether you’re a commercial fisherman or have a family boat — is expensive. Although boat insurance isn’t a requirement in the U.S., it is a great idea to have a policy to cover your investment. Boat insurance can help pay for repairs and liability insurance if necessary. Allstate: Best for low prices One of the largest insurers in the country, Allstate has a presence in all 50 states, so you should be able to find an agent near you. The policies include, among other things, emergency service, trailer and uninsured watercraft coverage....
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South African company JaSure, started in 2017, has introduced an on-demand insurance product. Co-founder and COO Jaclyn Prior (34) answers our questions. 1. Give us your elevator pitch. JaSure disrupted the South African insurance industry when it took to market a first of its kind on-demand insurance solution. The JaSure app launched last year with cover for single items, such as bicycles, cameras, laptops and cellphones. Sign up in seconds, and in two minutes, add your first asset for an instant quote. Switch your insurance on and off when you need it, at the tap of a button. 2. How did you finance your startup? The startup was originally funded by Constantia Insurance Company Limited. In...
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OLDWICK, N.J.--( BUSINESS WIRE )--AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aaa” of New York Life Insurance Company and its wholly owned subsidiary, New York Life Insurance and Annuity Corporation (collectively referred to as New York Life). Additionally, AM Best has affirmed the Long-Term Issue Credit Ratings (Long-Term IRs) on the funding agreement-backed securities (FABS) programs, the outstanding notes issued thereunder and the Long-Term IRs on the existing surplus notes of New York Life Insurance Company. The outlook of the Credit Ratings (rating) is stable. All companies are headquartered in New York, NY. (See...
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BOSTON, July 13, 2020 /PRNewswire/ -- Aspera, a leading provider of solutions and services for Software Asset Management (SAM) and part of the USU Group, today announced a $1 Million SaaS contract with an enterprise US-based mutual life insurance company ("The Customer"). The three-year agreement is for Aspera SmartTrack license management technology, Aspera data collection tools, and Aspera license management services. A key decision point for The Customer was Aspera's successful analysis of their real-world data in a two-week evaluation and onsite user case demo. The Customer also recognized Aspera's solid integration with their ServiceNow ticket request (ITSM) system and hardware asset...
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What are Medicare supplement companies? People choose a supplement company for various factors, including coverage, costs, and effective customer service. The preferred supplier in one state may not be the same across all states. In this article, we look at Medigap and the various policies. Then we examine how the Medicare supplement plan works. We also discuss costs and list some Medicare supplement companies. We may use a few terms in this piece that can be helpful to understand when selecting the best insurance plan: Deductible: This is an annual amount that a person must spend out of pocket within a certain time period before an insurer starts to fund their treatments. Coinsurance: This...
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Parametric insurance: plugging the gaps in business interruption cover Business interruption cover has been a hot topic since COVID-19 hit, with the pandemic making the owners of small medium enterprises (SMEs) painfully aware of the value of clearly defined, easy to understand coverage - but this was already a growing issue before coronavirus, according to Alastair Speare-Cole, president and general manager of the insurance division of QOMPLX. QOMPLX, which is taking part in an Intelligent Insurer webinar on parametric business interruption cover on July 21, has carved a niche providing small businesses with parametric insurance solutions addressing the coverage gap for cyber and terror....
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Aspera Wins $1 Million SaaS and Services Contract with US Insurance Company Aspera, a leading provider of solutions and services for Software Asset Management (SAM) and part of the USU Group, today announced a $1 Million SaaS contract with an enterprise US-based mutual life insurance company (“The Customer”). The three-year agreement is for Aspera SmartTrack license management technology, Aspera data collection tools, and Aspera license management services. A key decision point for The Customer was Aspera’s successful analysis of their real-world data in a two-week evaluation and onsite user case demo. The Customer also recognized Aspera’s solid integration with their ServiceNow ticket...
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Debt-ridden Future Group has two insurance subsidiaries -- Future Generali India Insurance for general insurance business and Future Generali Life Insurance for life insurance Future Group looks to exit all its insurance businesses 3 min read . Updated: 10 Jun 2020, 09:58 PM IST Anirudh Laskar Future Group has held discussions with private equity fund True North, Sunil Munjal-promoted Hero Corporate Services and Azim Premji-promoted private equity fund PremjiInvest to sell off its promoter holding in the two insurance subsidiaries Two people aware of the ongoing plans of Future Group confirmed this. According to them, Future Group has held discussions with private equity fund True North...
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We live in a volatile world where settings are unanticipated. Therefore, it is important to protect the smooth running of your business. We know that you need tailor-made solutions as you are perhaps not covered well to meet the exhaustive demands of your business. The business insurance is your safety strap during the crisis. How can a business insurance help? Shareholder’s interest Absence of key business person from work Prevent major interruptions Personal guarantee against business loans Our experts can guide you with expert risk protection and business advice to select the best cover or personalize a cover for your business as per your requirements. The business insurance solution...
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