Author: admin

One of the keys for companies to survive and prosper during the pandemic was to embrace new technology. Many companies pivoted from mandating all their employees show up every day to utilizing Zoom, Microsoft Teams, or other video conferencing programs to hire, train, maintain their corporate culture and encourage interaction and creativity.  Originally, I was skeptical about the process of hiring, training, and managing new claims examiners remotely.  The productivity…

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In the movie You’ve Got Mail, Meg Ryan asks why all men use quotes from The Godfather.  The answer is quite simple. The book and movies teach lessons of business and life, and they are easy for men to understand.  There are many good business theories and life experience lessons that came from the movie. How to deal with business partners: "I will just make him an offer he cannot…

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Introduction  Actuaries require accurate and timely information for them to calculate the reserve loss development pattern as well as the ultimate exposure for losses.   Even though management may not always be happy with the information, knowing the correct ultimate exposure is always ultimately good for the insurance company or the employer.    Due to company silos, process or ignorance, most claims operations do not regularly engage with the actuary process.    Quality…

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