What is Self-Insurance? According to Investopedia, “Self-insurance is a risk management technique in which a company or individual sets aside a pool of money to be used to remedy an unexpected loss.” Self-insurance can be summed up as the decision to retain risk. For example, it means that if your house burns down you must pay for everything, rather than the insurance company, since you own yourRead more
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An Insurance Industry Debate “The insurance industry needs to increase transparency and rebuild trust” is the name of a speech given by Richard Harding at the Insurance Council of New Zealand Conference of Tower Insurance. According to his conclusion’s, and the best way for a company to rebuild trust is “with a culture of transparency.” Something very important that has beenRead more
6 of the most common claims around Christmas Christmas is fun and a jolly time when people have their hopes up for the upcoming year. Yet, did you know that December is one of the busiest months of the year for theft, accidents and fires claims? Here are some of the most common claims that come up after Christmas celebrations. CrackedRead more
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