Category: BlogTalk

Service Tax on Insurance for Management Corporation

A number of readers wrote in ranting over the issues of service tax applicable on insurance premium for policies issued in the name of Management Corporation (MC) and Joint Management Body (JMB). Some were complaining over inconsistencies adopted by the…

Claim lessons in Chinese tea leaves

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…

Insurance Sales – there are only 3 reasons why people buy

In reality, there are just about three reasons why people choose to buy from you…. 1. to make money, 2. to save money, or 3. to reduce pain and frustration. Your job as an agent or marketeer is to figure…

Setting up an extensive branch network to expand business?

Special thanks to - http://healthclub.info-ebazaar.com

STRETCHING THE BUSINESS-REACH GEOGRAPHICALLY – Building on BRICK-AND-MORTAR or Mobile-eCOMMERCE setup, which is more effective? ūüėé 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…

All Online wannabes… to register or not with Companies Commission of Malaysia (SSM)?

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…

Motor Insurance…. can make profits with so many unnecessary accidents?

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…

Munich RE buying over Paul, the OCTOPUS oracle?

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…

No Claims Discount online – A connectivity-controls issue….

  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…

An Anniversary of Web-creations and World Cups worth remembering…..

football, soccer and balls

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…

Trading, wagering, betting, gambling…. an All-in-one-Underwriting

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…