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GLG Topic: Insurance Industry

Insurance is the act of hedging against unexpected loss to an individual or a business in case of a certain unforeseen, yet not totally unexpected, event. The entity indemnifies itself against such a loss by entering into a contract with an insurance company by paying a fee, called a premium. The premiums collected by an insurance company are used to fund accounts for claim payments and for investment purposes.

Leading Experts: Insurance Industry

Bilyana Savic, President, Insurance InsightsBilyana Savic

President
Insurance Insights
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Bilyana Savic is the President of Insurance Insights. She has over 16 years of experience in product development, project management, distribution growth, and market analysis for major medical, life, long term care, medicare supplement, disability, accident and specified disease. Bilyana has worked...

Michael Berman

Assistant Vice President
AON CONSULTING & INSURANCE SERVICES
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Michael Berman is the Assistant Vice President at Aon Consulting. He is an experienced group health actuary with over 10 years of broad insurance and consulting experience. Mr. Berman has extensive expertise in the areas of pharmacy, medical, and disability products. His consulting experience has been...

Partha Srinivasa, M.S., Global Chief Architect, FARMERS INSURANCE GROUPPartha Srinivasa, M.S.

Global Chief Architect
FARMERS INSURANCE GROUP
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Partha Srinivasa is a Global Chief Architect at Farmers Insurance Group, an automobile insurer. He is the Head of Shared Services Competency Center. He specializes in software development technologies including leading edge technologies to legacy technologies. He is experienced in architecting anddelivering...

Anthony Cancela, Jr, RHU, President, CANCELA INSURANCE BROKERAGE, LLCAnthony Cancela, Jr, RHU

President
CANCELA INSURANCE BROKERAGE, LLC
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Anthony Cancela Jr., RHU, RFC, is the President and CEO of Cancela Insurance Brokerage, LLC, a New Jersey-based Insurance Brokerage which has provided insurance consultation and implementation for clients in New Jersey, New York, and Pennsylvania, since 1999. Cancela Insurance Brokerage manages over...

Adam Lowey

Owner
Express Health Insurance Services
What is a GLG Leader?|GLG Leaders are a separate tier of Council Members with a Council Rank in the top 5%. These GLG Member Program participants are eligible for ongoing, in-depth consultative relationships with GLG clients.

Adam Lowey is the Owner of Express Health Insurance Services, since 2001, an independent insurance agency specializing in health insurance for people on Medicare, individuals/families, and small businesses. They have bi-lingual services with representatives to assist the Spanish speaking community....

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GLG NewsSM Analysis: Insurance Industry(?)

Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.

Will Feds Destroy Commercial Insurance?

May 21, 2009

Health Plans Would Add to Controls on Insurers | www.nytimes.com

The feds are no stranger to healthcare reform.  It failed under Kennedy, Nixon, and Clinton.  Common sense tells us that 20% (2009) indivudual, small group AND (10%-20%) large group premium increases, and cost-shift to commercial carriers is unsustainable.  Looking at federal reform...

State Farm / Florida: Insurance Intelligence?

June 24, 2009

We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com

* Executives at large insurance organization are accountable for KPI’s to stakeholders; not for providing “socialistic goods, regardless of the financial considerations”.

Health Insurance in India. Factors considered by consumers while choosing providers. Apnapaisa

June 24, 2009

Cheap is not necessarily the best. How to decide which mediclaim policy to buy | blog.apnapaisa.com

Premiums are not the only factor in deciding the health care provider Future premiums, age upto which renewable,coverage of pre-existing disease, pre-insurance medical tests all matter

Alliance: Operating Profits Fall!!Core Operations of Insurance is Not the Problem!

May 11, 2009

Allianz operating profits fall 41% | www.ft.com

Implications: 1.The Institutions Solvency Ratio was Flattered by a SHift in Accounting Procedures.Insurance Operations are stable. 2.The Hedging Of the Firm's Equities exposure and Regulatory Rulings on Bond losses were , to some extent , a salvation. 3.The salient problem at hand is the Insitutions...

A Christ Veto Likely a Body Blow to Floridians

June 16, 2009

We don't win in State Farm vs. Charlie Crist | www.orlandosentinel.com

Put all your eggs in one basket? That's what a veto by Governor Christ would do to Florida's hurricane insurance market. His veto would serve to concentrate risk, putting the liability into fewer hands. These "hands" are the now fewer remaining private insurance firms and the citizens of Florida. Level...

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