Category Archive For "Group Insurance"
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 …
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 …
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 …
Climate change effects that your business should prepare for
Climate change effects businesses in many ways; from physical damage due to strong winds, flood or fire to business interruption and employee liability costs. In light of the recent California wildfires, as well as the large hurricanes seen globally in 2018, climate-related insurance claims have gone up not only for the individual policyholders, but also …
How is technology changing employee benefits?
Technological trends are influencing the ways in which employees view and consume employee benefits packages. For instance, they can now track their benefits and stay up to date with all the latest health and employee benefits news with just a few clicks of the mouse. Thanks to the latest tech, educating and informing employees about …
What is an employee benefits market review?
Nowadays, it’s not just a salary that keeps your employees loyal and happy. Other employee benefits such as company medical plans, flexible working hours, and paid time off are now as important, if not more so than pay. HR teams are thus facing a number of new challenges, chief among them being identifying the right …
How a consultant can help support your comprehensive benefits package
A common phrase used a lot in sales is “Cut out the middleman!”. This is often followed by sentiments like “Go betweens are costly”, and “they add very little benefit to you as a consumer”. That may be true in some industries but, in the world of corporate insurance, the right consultant can really enhance …
Insurance brokers vs agents: Key differences explained
Those on the hunt for corporate insurance will quickly discover that not only do countless plans exist, but so do a variety of different distribution channels in the market. There are insurance companies that you can buy from directly, agents who will sell plans on the insurers’ behalf, and brokers that search and compare coverage …
Challenges for Businesses Implementing Group Health Insurance Plans in 2018
We’re still at the start of 2018, but if this coming year is anything like the past couple of years, it’s going to be a big one for small business. For example, the number of new job seekers taking it upon themselves to start their own business at the end of 2016 was the highest …
Unifying international employee benefits: how using a broker makes better sense
A challenge facing many businesses with multiple global operations is managing the benefits of their staff. In an age where salaries alone are no longer sufficient to attract the high calibre talent companies look for to drive their success further, juggling international employee benefits can be a tough task. Still, the lure of emerging markets …
