Consulting has a bright future

Article Abstract:

Insurance consulting has come a long way from being a mere part-time job without a specific focus to a highly specialized profession. The growth in the industry gave rise to a number of problems including the standardization of billing methods and the distinction between insurance consulting and sales. The role of consultants have spread in many sectors of the economy as the industry continues to expand. Consultants are being used as expert witnesses in disputes concerning insurance legalities. Some have also been tapped as mediators and arbitrators for litigation involving insurance.

Analysis, Management, Risk management

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Critical criteria in selecting a global broker/consultant

Article Abstract:

Many companies find it difficult to select a global broker/consultant who will handle their risk management requirements abroad. To ensure that the broker/consultant they hire are up to the demands of the job, companies should only select those brokers who have had experience in handling cross-border cases and have a capable service delivery system. Moreover, the individual who will be in charge of handling a company's account with a broker/consultant should be capable of advancing its interests abroad.

Evaluation, Insurance brokers

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When in Rome: international imperatives for agents

Article Abstract:

Various factors have conspired to widen the opportunities of entering foreign markets. In the face of this development, more insurance companies are venturing abroad as they find themselves facing stiff competition in an increasingly competitive domestic market. Insurers that are able to maintain the same level of quality, professional advice and service as in the domestic market have an advantage in the global market.

Services

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