https://completemarkets.com/Article/article-post/2119/INSURING-CONTRACTORS-BE-CAREFUL-IT-CAN-BE-A-BIG-E-O-HEADACHE/
...agency for failing to provide a performance bond required by a contract. A bro...hority limitations when the requested bonds are in excess of its bonding limit...
https://completemarkets.com/Article/article-post/1442/JOB-DESCRIPTIONS/
...res. 5. Adhere to standards of performance for service. 6. Produce adequate ...
https://completemarkets.com/Article/article-post/231/10-Tips-For-Renewal-Retention/
...ployee-evaluation process. Good performance should be rewarded; average performance should prompt coaching and monitor...ng; and incorrigible below-average performance should trigger probation and ev...
https://completemarkets.com/Article/article-post/223/10-Tips-For-Renewal-Retention/
...ployee-evaluation process. Good performance should be rewarded; average performance should prompt coaching and monitor...g; and incorrigible below-average performance should trigger probation and ev...
https://completemarkets.com/Article/article-post/2437/%E2%80%98Stop-The-World-I-Want-To-Get-Off-%E2%80%99/
...business with an average return of bonds (some dating back to the 1940s) of 6%. With U.S. Treasury Bonds yielding 14% in the early 80s, that $...felt intense economic pressure. Older bonds with 4%-6% yields were worth a fra...
https://completemarkets.com/Article/article-post/2212/LIFE-HEALTH-E-O-AVOIDANCE/
... carriers from bearing the cost of bankrupt insurers, thus keeping E&O rates lower. Punitive damages aren't usually a covered expense. To cover them would defeat the whole purpose of assessing this type of penalty against the defendant as a deterrent to further similar misconduct. Most states don't allow insurance companies to insure punitive damages because they've determined it to be against public policy. Fraud is usually excluded if performed by the insured; however, many policies will provide a defense for allegations of fraud, and if a fraudulent act of a subproducer results in a claim, this should be a covered expense. However, this is not clear in some policies. Determine the intent of your policy, if it is not clear. If an insured employee commits fraud, this would probably not be covered. ... , a Fidelity bond (for employee dishonesty), which should be a standard part of your Commercial insurance package, is designed to cover this exposure. Hold-harmless clauses in contracts are becoming increasingly popular. Be aware that most E&O policies exclude "liability of others assumed by contract." If you agree to hold another party harmless and indemnify them for legal costs, etc., you will have to pay these expenses out of your pocket, because the E&O underwriting process is based on the risks that are apparent on the application. Unknown liability is not an anticipated exposure and can't be analyzed, rated, and assumed. "What would make me an undesirable risk?" There are reasons other than frequent claims experience for declining coverage An E&O program should have ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/374/Solidifying-The-Bond-With-Your-Customer/
... of their gross earnings for two pieces of metal connected with a screw and washer. You might think that it's a pretty tough market, but the U.S. distributor sells about a thousand pairs per month with a total employee of five. The intriguing thing is that Hikari has never purchased any advertising! They have built their business with seminars and other informational tools that (1 ) help stylists to perform their jobs better and (2 ) help their distributors to be more professional within the salon industry (which benefits all the manufacturers they may represent) . In both cases, the middle-man distributors and the actual hair stylists, Hikari utilizes audiocassette programming and live seminars to carry their message. So although insurance and scissors may be miles apart in product, they're remarkably close when it comes to innovative ... Articles Blog Photos Group Connections Reviews IMMS Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All Back Solidifying The Bond With Your Customer 4/30/2013 12:00:00 AM by Jack Burke This content has not been rated yet. Very few people will recognize the name Hikari, unless they're in the beauty salon industry. Hikari is a scissors manufacturer and distributor. Not just any type of scissors, but very expensive scissors used by hair stylists. A small, five-inch pair of scissors might ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/tag/questions/
... Library Immerse yourself in our stacks. Take some time and browse through our library. We have thousands of articles, checklists, tip sheets, sales letters, and more! Communications Marketing Customer Service Planning Finance/Accounting Risk Management Human Resources Selling Legal and E&O Technology Life/Financial Services Glossaries Management Resources & Links Categories Popular Recent All questions Articles tagged with questions Back A Common-Sense Approach To Performance Management This content has not been rated yet. Don Phin 7/3 /2014 12:00:00 AM Sometimes we make things so complicated. Performance management provides an excellent one example. In the old days, we gave.. All Articles by Don Phin Comments (0 ) A Relationship Audit This content has not been rated yet. CompleteMarkets Editor , Michael Manes 4/30/ ... :27 PM A RELATIONSHIP AUDIT by Michael Manes Before the agency marriage, both parties need to answer these questions. The article was thought provoking.. All Articles by CompleteMarkets Editor Comments (0 ) Account-Upgrading This content has not been rated yet. CompleteMarkets Editor 4/30/2013 10:36:58 PM ACCOUNT-UPGRADING Dear (Customer Name): Clients often ask us, Do I need to bond every single one of my employees to make certain I'm protected? ' The subject of bonds can seem complex, but at (Yo.. All Articles by CompleteMarkets Editor Comments (0 ) Acknowledge Claim This content has not been rated yet. CompleteMarkets Editor 4/30/2013 10:38:39 PM ACKNOWLEDGE CLAIM DATE [CLIENT MAIL NAME] [ADDRESS1] [CITY], [ ...
https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1664/MUTUAL-FUNDS-MODULE-V-I/
... from certain investments for political or social reasons. PROS Mutual funds offer many advantages, especially to the small investor. There are funds that can help investors achieve either their short-term or long-term financial goals and, ultimately, financial security. PROFESSIONAL MANAGEMENT Even if they had the expertise, most people are too busy to research and investigate all of the investment opportunities available. The manager of a mutual fund performs this service on a fulltime basis. That manager and the employees of the fund have access to data that is unavailable to the individual investor. DIVERSIFICATION The concept of diversification is touted by almost every financial planner and every consumer magazine. For a small investor, buying 100 shares of a $50 stock is an expensive proposition. The creation of a diversified portfolio with several quality stocks would take ... financial planning in order to best serve their clients. Agents would also be well-advised to check their Errors & Omissions coverage before embarking on any such venture. THE PRODUCT Just as there are a multitude of investment opportunities, so are there a wide variety of mutual funds. While a particular organization may offer dozens of mutual funds, there are basically four different types: money-market funds, stock funds, bond funds, and specialty funds. These categories offer investment opportunities designed to meet the goals of virtually every investor, from the most aggressive to the most conservative. When looking at these types of mutual funds, it is important to recognize that many are difficult to classify. There is no sharp delineation between some types of funds. Within the category of stock mutual funds, there are additional distinctions ...
https://completemarkets.com/Article/article-post/374/Solidifying-The-Bond-With-Your-Customer/
... of their gross earnings for two pieces of metal connected with a screw and washer. You might think that it's a pretty tough market, but the U.S. distributor sells about a thousand pairs per month with a total employee of five. The intriguing thing is that Hikari has never purchased any advertising! They have built their business with seminars and other informational tools that (1 ) help stylists to perform their jobs better and (2 ) help their distributors to be more professional within the salon industry (which benefits all the manufacturers they may represent) . In both cases, the middle-man distributors and the actual hair stylists, Hikari utilizes audiocassette programming and live seminars to carry their message. So although insurance and scissors may be miles apart in product, they're remarkably close when it comes to innovative ... x No Thanks Loading.. Solidifying The Bond With Your Customer 4/30/2013 by Jack Burke This content has not been rated yet. Very few people will recognize the name Hikari, unless they're in the beauty salon industry. Hikari is a scissors manufacturer and distributor. Not just any type of scissors, but very expensive scissors used by hair stylists. A small, five-inch pair of scissors might sell for $400, and more expensive models approach $1 ,000. Considering that the average hair stylist grosses about $30,000 to 35,000, this is a market in which the buyers spend 1% to 2% of their gross earnings for two pieces of metal connected with a screw and washer. You might think that it's a pretty tough market, but ...