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.
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Leading Experts: Insurance Industry
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President
Insurance Insights
Bilyana Savic is the President of Insurance Insights. She is a consultant to insurance companies and insurance brokerage firms, specializing in the health insurance product categories of major medical, life, long term care, Medicare supplement, disability, accident and specified disease, but also with...
Andrew BarileFounder, President, & Chief Executive Officer
Andrew Barile Consulting Corporation, Inc.
Andrew Barile is the President and Chief Executive Officer of Andrew Barile Consulting Corporation, an insurance and reinsurance consulting firm that services agencies, corporations, law firms, and insurance and reinsurance companies. Mr. Barile has built intricate knowledge of the insurance and reinsurance...
President
CANCELA INSURANCE BROKERAGE, LLC
Anthony Cancela, RHU, RFC, is the President of Cancela Insurance Brokerage, LLC in New Jersey. The organization has been providing insurance brokerage service to clients for over 14 years in New Jersey, New York, and Pennsylvania. Mr. Cancela has expertise in the Health Insurance market and provides...
Chief Executive Officer & Managing Director
Max New York Life
Gary Bennett is Chief Executive Officer and Managing Director of Max New York Life in India. Previously, he was President & CEO of New York Life Insurance Worldwide. An Asia life insurance veteran, before joining New York Life he was Managing Director, North Asia of Prudential Corporation Asia, PCA...
President
Cronin Consulting Services, Inc.
Michael Cronin is a President of Cronin Consulting Services, an insurance consulting firm focused on product management primarily in personal lines and small commercial lines, with concentration in auto insurance. He specializes in the application of analytical and business process solutions to insurance...
Study Groups: Insurance Industry(?)
| Study Group Name | Members |
|---|---|
| Insurance Experts (Taiwan) | 28 |
| Insurance Professionals (Italy) | 26 |
| Independent Insurance Consultants | 330 |
| Health Insurance Brokers | 286 |
| Insurance Software Experts | 78 |
GLG NewsSM
Analysis: Insurance Industry(?)
Implications: 1.The major default is a softening of the entire insirance marketplace. Perhaps the Credit Crisis has not been , fully, defined. 2.The soft cycle, as defined by the private equity buyer, has Not evolved - full cycle. 3.A theory presents itself - " A firm's understanding of the Dynamics...
Compliance proceedures resulting from overwhelming government regulation of the insurance industry has produced an expense at agency level greater than that of policy acquisition.
This article addresses issues about Florida Property Insurance that are important to policyholders, insurers, and the general public. The basic thrust of my comments are to outline important actions for the state and the insurance regulators to take, and to explain why heavy regulation of insurance...
Asurion and handset insurance could be impacted by these industry changes: 1) How handset insurance is sold; 2) Consumer Disclosures; 2) Fulfillment of claims; 3) Acceptance Rate.
Implications: 1."At Risk" - Federal Mortgage Insurance for Tainted borrowers at the brink of foreclosure. 2.A Transfer Mechanism , which will faal bt default to the US Taxpayer. 3.Lenders will receive a "Hope" of more recovery within the parameters of rising mortgage delinquencies? 4.The Regulatory...
GLG InstituteSM
Seminars: Insurance Industry(?)
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