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Blockchain Could Make the Insurance Industry Much More Transparent

Harvard Business

While Edward Lloyd is largely credited with commercializing the insurance industry, with the creation of his namesake firm, Lloyd’s, over 330 years ago, the original concept of spreading risk (or “mutualizing”) goes back even further. Herein, as with all insurance, is where the concept of utmost good faith is laid bare.

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Cash Flow Relief for Independent Consultants: the CARES Act & Other Ideas

Successful Independent Consulting

Unemployment insurance payments 5. You’ll need to provide evidence of your qualifying status, such as 1099-MISC tax forms from your clients, and accounting statements like an income statement and/or balance sheet. A stimulus payment from the U.S. government 2. A loan from the Small Business Administration 3. Time sensitive!

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It’s Not “Time Management.” It’s Lean.

Markovitz Consulting

Unfortunately, companies in the lean community don’t seem to take much note of, or try to copy these experiments, probably because the benefits aren’t reflected on the income statement or balance sheet. Overtime expense isn’t a major concern when many office workers are on salary.

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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

Heres my understanding of the current TARP/TARPII/PPIP/etc plans: The major "sick" banks wont lend to businesses, because their balance sheets are tied up with bad assets that they cant sell. Isnt also true that providing funds to the sick banks also insures they dont go under? A Simple Question about the Credit Markets.

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5 Ways to Increase Your Cross-Selling

Harvard Business

banking and insurance businesses. Those events trigger USAA to contact the customer at just the right time, with just the right offer, such as auto insurance when a customer’s daughter is about to turn 16. A similar story can be told in retail banking, insurance, credit cards, retail, and other industries.

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S-Corp Checklist

Women in Consulting

Insurance : ? If the business pays for health insurance premiums for the owners, the amount MUST be included in box 1 of the W-2. Make sure the payroll and insurance amount is reflected in the Officer Gross Wages line of your financial statements. ? Add up what is paid in rent, utilities, HOA and insurance.

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We Need to Approach AI Risks Like We Do Natural Disasters

Harvard Business

Like they have for extreme weather and natural disasters, companies can begin to establish international protocols and standards to govern AI not just within their own walls, but also to put in place processes to work with other companies, insurers, and policymakers. AI Insurance Products and Services. They should.