Hardly a week goes by these days without news coverage of the latest mass shooting somewhere in America. Last year alone, there were 340 mass shootings in this country, and that number will likely be even larger this year. The locations and other details may vary, but these violent episodes otherwise seem to have a numbing sameness.
As employers face a growing tangle of laws and regulations governing mandated employee leave, an entire niche has arisen in recent years to help them cope: the absence management industry.
Do you really know why you are paying what you are paying, or even more importantly, what your insurance is protecting you from? Let’s talk a bit about why you need to change your thinking and how starting an insurance brokerage has opened my eyes to these and other insurance-related issues.
If I asked you to give me an example of a catastrophe, most people’s minds would immediately turn to an earthquake, tornado, or a major fire that destroys an entire neighborhood. Those are definite catastrophes that can affect large numbers of people. But what if I asked you more directly, what would rock your world enough to be considered a personal catastrophe? Those answers can be much more varied and subjective.
We live in a culture that increasingly prizes wellness. Americans are working out more, smoking less, drinking water instead of soda and replacing processed foods with fresh fruits and vegetables. It is happening! Nevertheless, there’s recently been what might be called a small media backlash against the idea of corporate wellness.
When the cost rises for your insurance, does your broker blame the market? Does your broker advocate more for the insurance carrier than you? Sorry to report that you don't have a broker. You're working with a broker. You need to recruit a QB for risk management. Someone who can read the entire field of play, understand the playbook and corresponding coverages, know the right personnel for any given situation, and can lead a team around or through barriers to improved performance. Someone who is a "true" broker. Learn more…
What’s your broker’s 3-year plan to contain costs and retain services?
Companies without any sort of strategic plan in place for health and benefits are destined to fall short for their employees – even a goal of “status quo” requires some sort of multi-year strategy, as many competing external (and often internal) forces simply don’t allow for things to stay the same. Learn more…
At Armada, we take great pride in the protections our risk managers devise and the insurance coverages our brokers secure when mitigating risk exposures. But I would be lying if I didn’t admit that we find the greatest joy when we contribute to our clients’ growth. Learn more…
Did you miss our Nov. 22 webinar on Cyber Threats and the Internet of Things? It was only :15 minutes long, yet plenty of insights from the panel.