TITLE

Tight Ships Don't Sink

AUTHOR(S)
Cunningham, Sharon
PUB. DATE
November 2008
SOURCE
Best's Review;Nov2008, Vol. 109 Issue 7, p84
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article offers tips on how insurance agencies can prepare and avoid the impact of the economic downturn on the insurance industry. The agents should review their business plan by assessing and renegotiating vendor contracts to minimize operating costs, fortifying the balance sheet, focusing and spending money on the sales. They should also consult their plans to their employees to ask their support in achieving the scheme.
ACCESSION #
35209126

 

Related Articles

  • What Keeps You Awake At Night? Fearon, Tim // Credit Management;Jul2009, p32 

    The article discusses the ways on how to streamline business operations during the economic crisis in Great Britain. The author states that economic volatility provide high opportunity to strengthen business operations which require sharper, smarter and effective staff to establish a successful...

  • Plotting the next step and beyond. CARR, KATHY AMES // Crain's Cleveland Business;7/7/2014, Vol. 35 Issue 27, p0015 

    The article discusses the importance and factors to be considered in an effective business succession planning. Topics explored include the impact of the previous economic recession on business operations and management, the tendency of most private businesses to lack exit options and written...

  • How to choose commercial insurance.  // Indianapolis Business Journal;8/21/2006, Vol. 27 Issue 24, Special section p15 

    The article provides information on how to select commercial insurance for business enterprises. A good agent should access different markets to give the most choice. Business owners should meet with a licensed insurance agent or broker and plan for the possibilities of a catastrophe as well as...

  • Opening Your agency. Robertson, Scott // American Agent & Broker;Mar2010, Vol. 82 Issue 3, p54 

    The article provides several things that insurance agents have to consider to ensure long-term success in their insurance agency business, such as get a proper license, create a business plan, and know the agency management system. It suggests that agents have to get a license and arrange their...

  • Get With The Program. Massa, Lois // Best's Review;May2007, Vol. 108 Issue 1, p88 

    The article offers suggestions on how a managing general insurance agent can build a relationship with an insurance carrier and succeed in the program business. According to the author, the insurance agent should capture the insurance company's attention by providing a program's historical...

  • HOW to Choose a commercial insurance broker. Starzee, Bernadette // Long Island Business News (7/1993 to 5/2009);8/17/2007, Vol. 54 Issue 37, p35A 

    The article provides information on choosing a commercial insurance broker to protect the company's interest in New York. A good broker will have an excellent track record, with many happy clients and a stellar reputation. The firm must be willing to take the time to learn how the company...

  • Some Tips for Insuring Your Winery. Hilbrant, James T. // Beverage World;7/15/2009, Vol. 128 Issue 7, p44 

    The article discusses several factors to consider when planning to insure a winery. The owner should determine whether the insurance agent knows the winery business and to examine the extent of coverage to be provided by the policy being proposed by the agent. The insurance agent should also...

  • Insurance for Corporate Officers and Directors. Gawel, Michael S. // Benefits Quarterly;1986 Second Quarter, Vol. 2 Issue 2, p1 

    This paper briefly reviews the historical background of the D & O insurance market and the current changes. The primary purpose of this paper is to keep officers, directors, employee benefit specialists, risk managers and other corporate decision makers informed concerning important changes in...

  • ARE EMPLOYERS and GROUP BENEFITS BROKERS on the SAME PAGE? Tumicki, Elaine F. // LIMRA's MarketFacts Quarterly;Fall2007, Vol. 26 Issue 4, p25 

    The article focuses on the relationship between insurance brokers and the corporations which purchase their group employee benefits packages. Benefits costs have become such an important element in corporate finance that decisions formerly made by human resource departments might now be made by...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics