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Split-second headaches: insurers are hustling to keep up with business interruptions that occur at the speed of light

Article Abstract:

The service interruptions experienced by Internet service provider Panix and America Online Inc, the largest online service in the US, underscored the new business threats with which insurers have to deal with. In the past insurers measured business interruptions in days, weeks or months but the advent of Internet-related businesses has created conditions under which it takes only nanoseconds to generate huge financial losses.

Author: Coffin, Bill
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1997
Methods, Risk management, Business enterprises

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How to make change work for you, not against you

Article Abstract:

The threat of corporate change and anxiety often associated with change can be reduced by taking steps to understand the nature and positive repercussions of change. Change often involves a natural grieving process with a predictable set of behaviors. Steps for increasing resiliency to change include clearly understanding the facts about the change, confronting grief directly and altering behaviors to adapt to the change.

Author: Groner, Dennis M.
Publisher: A.M. Best Company, Inc.
Publication Name: Best's Review Property-Casualty Insurance Edition
Subject: Insurance
ISSN: 0005-9714
Year: 1996
Column, Change, Change (Philosophy)

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Subjects list: Management, Insurance industry, Insurance
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