Are you considering non-monetary methods to motivate your beloved staff? Money does not always lift up your staff members’ level of morale. Motivating your employees also involves other physical and emotional enablers. Here we have put together some practical ways to motivate staff without spending any more money. 1. Attractive Work Environment Beyond the basic needs such as clean air, …
There are many policy provisions when it comes to individual life insurance. Here we will look at the Waiver of premium in term insurance and what you should be mindful of if considering this benefit. In this article, we provide you with an explanation of what does waiver of premium mean, how waiver of premium works and why is waiver of premium important? What …
During pregnancy, attending to your gums and teeth is especially important. The reason is when you are pregnant, there are shifts in your hormones that result in higher risk of getting oral diseases such as gum disease. This also negatively impacts your baby’s health. Here we have listed out some important tips to know when it comes to safe …
Deep learning (DL) tools like convolutional neural networks which contain millions of simulated neurons structured in layers enable artificial intelligence (AI) to imitate the learning, reasoning, perception and problem solving of the human brain. This technological change is revolutionizing every dimension of the insurance industry. While insurers, suppliers, insurance brokers and consumers are getting better at implementing DL and AI tools for the improvement …
How can insurance companies prepare for rapid AI-related changes? Read More »
Although one seventh portion of the world’s population is disabled, they are frequently undervalued and left behind. Hiring and supporting staff with disabilities is important here we have put together important things you need to include for your company to supporting staff members with disabilities:  1. Provide accessibility in every stage of your hiring procedure First, make sure your company’s …
Our clients have sent us many questions about the death benefit when buying term life insurance. Here we have put together the common questions that they ask which may be in line with what you are looking for. How do death benefits work? First of all, death benefit is the amount that will be paid out to a beneficiary when the insured under …
1. The ratio of the amount health insurance companies receive to the amount they pay out Health insurers change their tariffs on an annual basis based on their client portfolio. As an example, if the amount of claims last year was more than that they received in premiums from the clients, then the health insurer will alter …
Almost every mother has mixed feelings about getting back to work after having a baby. Sometimes you may regret having to leave your baby at your residence, in other times you might feel both peace of mind and worried at the same time when you hire a babysitter to take care of your baby while you are on your job. Yet perhaps you …
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Blockchain is a new technology that has swiftly become an obsessive interest in the financial services industry because it enables disintermediation, improved reconciliation of data and the efficient transformation of business models. The insurance industry is uniquely positioned to benefit from blockchain technology which can help deliver on key digital opportunities to cut costs, increase efficiency, enhance customer experience, and improve data quality, collection and analytics. Through innovation, insurance companies can grow market share, gain competitive …
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