Central Insurance Companies
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How to Use Analytics to Improve Your Website’s Success
Calling all website owners! Do you know the “who, what, when, where, how, and why” of your website consumers? These critical questions can be answered by analytic tools that provide direct insight into the performance of your site and what…
Read MoreHow to Manage Supply Chain Risks
Many businesses rely on third parties for parts and supplies that go into their finished products; these third-party firms are part of the primary companies supply chain. This is especially true of manufacturers. Any disruption in a firm’s supply chain…
Read MoreManaging Inventory with the Peak Season Endorsement
During the course of a year, businesses in various industries may see their inventories rise or a firm may see greater demand for their products at certain times of the year. For example, many people take vacations during the summer;…
Read MoreWhat’s in a Name? The Importance of Named Insured Underwriting
When underwriters think about risk, perils such as fire and theft come to mind. One risk that can be overlooked is improperly underwriting multiple named insureds. This article will discuss the importance of underwriting named insureds.
Read MoreBeat the Heat by Staying Hydrated
During my time in the military, a common phrase I heard while training in the field was, “hydrate or die”. Although it may not have been the best way to put it, it was an effective reminder to keep hydrated…
Read MoreA Leadership Formula for Success
I recently attended a one-day leadership conference with a focus on how taking care of yourself could be the key to being an effective leader. The speakers discussed how to handle stress, the importance of rest and exercise, and how…
Read MoreEnterprise Risk Management: An Alternative Approach to Managing Risk
One of the core concepts of insurance is risk management. The Institutes define risk management as “the process of making and implementing decisions that will minimize the adverse effects of accidental losses on an organization.”[i] Insurance professionals regularly use risk…
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