Is it really very difficult when coming to the subject of determining the value of tea leaves? What about determining the types and grade of those leaves after a loss incident? How can we recognise tea leaves of higher grade or value from those that are lower in range? What is the difference between...
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Tags: claims, Fraud, tea leaves, technical underwriting
Posted in BlogTalk, Claims, Grapevine, Insurance Practices | 1 Comment »
In reality, there are just about three reasons why people choose to buy from you…. to make money, to save money, or to reduce pain and frustration. Your job as an agent or marketeer is to figure out which one of those reasons the person on the other side of the table is considering...
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Posted in BlogTalk, Consumer, Grapevine | 3 Comments »
STRETCHING THE BUSINESS-REACH GEOGRAPHICALLY – Building on BRICK-AND-MORTAR or Mobile-eCOMMERCE setup, which is more effective? Expanding business reach nationwide is not exactly easy nowadays. With underwriting agents and multi-tier agency models gone since the 1990s, widening the business network has become rather difficult. In the mid 1990s, most insurers worked tactically along simple analogy...
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Tags: Changing Times, e-commerce, Insurance Online for Malaysian Agency, Intermediary, Mobility
Posted in BlogTalk, Grapevine, Insurance eCommerce, Intermediary, Managing | 3 Comments »
Last week the Malaysian dailies reported that all online (eCommerce) businesses must be registered with the Companies Commission of Malaysia (or SSM in Bahasa Malaysia)? The dailies further reported that more than 400 online businessmen are being charged in court for not registering their online business. …they were charged under Section 12...
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Tags: blogging for money, e-commerce, Insurance Online for Malaysian Agency, online business
Posted in BlogTalk, Grapevine, Insurance eCommerce | 1 Comment »
Today and Yesterday… learned (or rather forced to) some hard facts, this BLOGGING thingy cannot be as easy as ABCs. First you have to know what to write, then you need to check if you have got the facts and the grammars correctly in place, check if the tech aspects of the blog have...
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Tags: Malaysian Motor Insurance Pool, MMIP, Motor Insurance, Motor Insurance Matters, Motor Third Party Bodily Insurance claims
Posted in BlogTalk, Consumer, Grapevine | 4 Comments »
It is World Cup Football… but attention is now on Paul, the eight-legged oracle. This octopus had successfully predicted the outcomes of all six of Germany’s games in South Africa, and this including picking Spain as the winner over Germany in the recent semi-final game. In the last European Football Championship, two years ago...
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Tags: reinsurance markets, World Cup
Posted in BlogTalk, Grapevine | 3 Comments »
On 1st July 2010, the nation’s No Claims Discounting (or NCD in short) system has finally gone online. Despite all the grumblings, howlings and discontentment over the forced implementation among various stakeholders, things seemed rather quiet – perhaps for the real grouses and the complaints to move up the complain-channels, this would surely takes...
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Tags: Insurance Services Malaysian (ISM) No Claims Discount (NCD), ISM - NCD, Mandatory ISM-NCD, Motor Insurance Matters, NCD
Posted in BlogTalk, Grapevine, ISM - NCD, Insurance Practices, Motor Insurance | 2 Comments »
Just got through another year of cyber-rendezvous, and if my memory could still takes me back to the days of 1997 I am sure I would be able to remember the day when I first created a website. The purpose then was about connectivity and to recreate those friendships and happy moments gained while at the Insurance School of Japan...
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Tags: blogging for money, e-commerce, freestyle blogging
Posted in BlogTalk, BlogTech, Grapevine | 5 Comments »
In essence the underwriting process is nothing more than a business game of risk-to-premium trading – where clients trade with the insurers to have their risk of a loss transferred to the latter with the latter getting a premium in return. This trading process is heavily dependent on ability and capability of the clients...
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Tags: freestyle blogging, Underwriting
Posted in BlogTalk, Grapevine, Insurance Practices | 3 Comments »
Michael Moore's latest movie, SiCKO, makes clear the present healthcare scene in America. In such a situation, international healthcare providers help Americans by providing them the healthcare they need at affordable costs. Medical tourism, as the practice is called, benefits not only uninsured and underinsured Americans but insured Americans as well. Healthbase offers help...
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Tags: Health Care, Health Insurance
Posted in BlogTalk, Grapevine, PA + Health | No Comments »