Category Archive For "Insurance"
How can blockchain change the insurance world?
Seeing the word blockchain may be daunting for some people, due to the notion that it is a complex process with a concept hard to understand. Though that may be true, the basics of it can be simplified. Blockchain is basically a shared ledger filled with “blocks” that contain information of transactions, that are then …
How to keep your employees happy
Happiness is essential in the workplace, as it is the root of employees’ performance or underperformance. According to Michael C. Bush, the CEO of Great Place to Work, 40% of the world’s workforce are unhappy with their job, which accounts for almost 2 billion people. That is a daunting number, especially when considering that unhappy …
Check out Pacific Prime’s latest GDPR and Employee Benefits Flyer!
Employee benefits are offered as a perk by companies to attract their employees to join their organization. Providing employees benefits is a win-win for both sides, so what could possibly go wrong? Failure to comply with regulations, such as the General Data Protection Regulation (GDPR), can lead to hefty consequences as we will explain below. …
Introducing 2018-2019 State of Health Insurance Report
Pacific Prime’s report on the state of health insurance is back, and our second ever edition already has its upgrade. This report features all the extensive information like our 2017- 2018 inaugural edition but further provides in-depth insights by adding a section on trends in the global insurance market. This report also features commentaries from world …
How artificial intelligence can affect employee engagement
Engaged employees are ready to do everything in their power to provide clients with positive experiences. Their productivity and morale are high, and they perform all the work in accordance with the company’s best interests. Moreover, engaged employees are not interested in changing jobs, even when they are bombarded with recruiter’s calls, because they see …
How international hospitals attract patients & insurers
In the era where people travel more frequently, be it for pleasure, work, retirement or medical treatments, private, international hospitals and clinics that offer international standards of care must find ways to attract their clientele. Besides the high quality of healthcare, international medical centers factor many different routes of attracting patients and insurers into their …
Corporate insurance renewal: 6 things to consider
Corporate risks come in many guises. From natural disasters and cyber crime, to poor conduct and penalties for non-compliance, the myriad of risks facing corporations are seemingly endless and ever-evolving. Unexpected mishaps can pop up at any time, potentially leading to detrimental outcomes – even for organizations with the most robust balance sheets. Alongside the …
Will the European Health Insurance Card (EHIC) be valid after Brexit?
Until now, the European Health Insurance Card (EHIC) card has provided the right to free or partially free emergency healthcare for its holders while staying in other EU countries. With Brexit around the corner, many UK and EU citizens are confused as to whether the EHIC card will still be valid after March 29th. In …
What are the biggest risks facing directors in 2019?
2019 has officially arrived. As we approach the first few months of the year, which risks and issues are anticipated to be the greatest threat to directors in 2019? The Institute of Directors (IoD), a community of directors, entrepreneurs, and business owners, has recently revealed a list of the top largest threats to look out …
International retiree health insurance: how to find the best one
For all of the expats planning to be (or who are already) retired abroad, health insurance is an important issue. International retiree health insurance can be a tricky, though, as so many factors come in place when trying to obtain one, with coverage levels, provider networks, and price being some of the most crucial ones. …
