Company

Dallas Park Cities Flexible Office Company Venture X at Campbell Centre CEO Explains Coworking

09/25/2020, Dallas // KISSPR //

Why Coworking Is Important in a Pandemic Explains CEO of Flexible Offices From Dallas

The coworking industry is changing rapidly, which has been the case for several years as the nature of work keeps evolving. More people than ever before are transitioning to a remote work lifestyle or a hybrid arrangement that has them in the office on some days and working from home or elsewhere on other days. 

However, the coronavirus pandemic of 2020 has impacted all types of businesses and industries. Here is a look at how the year 2020 is changing coworking, as well as how coworking spaces can help businesses of all sizes navigate the pandemic.  

1. Venture X Is A Thriving Place for Startups

Launching a new business has always been a costly endeavor. According to one study, the average cost of starting a new business is around $30,000.

For

Read More

Finance Minister Confirms His Private Company Did Agyapa Job

More details continue to emerge about the controversial Agyapa Royalties Limited deal, revealing a deep-seated greed on the part of some of the promoters who are family member of the President, Nana Akufo-Addo.

They, include Finance Minister, Ken Ofori-Atta, who is accused of using their proximity to power, their knowledge of the government deals to award various aspects of the transaction to their private companies, instead of announcing the existence of the job and opening it up for competitive bidding process.

Databank, is one of the companies owned by the Finance Minister. Ghanaians were last Friday, shocked to hear that Databank Financial Services, was also engaged by the Finance Ministry to be part of the Agyapa transactions.

But this is not the first time that Ken Ofori-Atta’s companies; Databank Financial Services and Enterprise Insurance Company Limited under the Enterprise Group are also mentioned as competing for state jobs with companies

Read More

Talisman Casualty Insurance Company Emphasizes Surety Program – Press Release

LAS VEGAS, NV / ACCESSWIRE / September 22, 2020 / Talisman Casualty Insurance Company, a protected cell captive insurance firm based in Las Vegas, Nevada, wants to emphasize their surety program that is based on the captive insurance model to ensure reliability, creativity, and flexibility. With this particular program, they are offering various kinds of surety bonds. The surety bond is issued for the purpose of protecting a particular party against losses if the principal is unable to comply with an obligation towards the first party, such as finishing a construction project or paying what is owed to suppliers and subcontractors. The first party is often the homeowner or property owner who, in the absence of a surety bond, will be obliged to pay the subcontractors and suppliers, as well as bear the losses from an unfinished construction project.

Talisman Casualty Insurance Company has based its surety program on the

Read More

Talisman Casualty Insurance Company LLC Offers Surety Programs – Press Release

LAS VEGAS, NV / ACCESSWIRE / September 22, 2020 / Talisman Casualty Insurance Company LLC, a Las Vegas, Nevada based insurance company, would like to offer their surety programs to interested parties. A surety bond is a promise by a surety or guarantor to pay one party a certain amount if the second party fails to meet an obligation, such as fulfilling the terms of a contract. The bond protects the obligee against all losses that may result from the principal’s failure to meet the obligation.

There are many different kinds of surety bonds, and Talisman Casualty Insurance has a wide range of options to choose from. Payment and performance bonds are one type of bond offered by the insurance provider. They are often used in the construction industry as a form of protection for an owner; ensuring that their contractor will complete the job, according to the contract, and

Read More

Local insurance company hiring 30 customer service representatives

Jacksonville-based Brightway Insurance has openings for its Customer Service Representative role, which takes inbound calls from customers and agents. 



a close up of a sign


© Provided by WTLV-TV Jacksonville


“If you have a background in customer service, insurance, retail, sales or a related customer-facing field, we encourage you to apply online,” said Brightway’s Senior Director of Human Resources, Linda Hill. “We specifically want people who have great communication and interpersonal skills.”

Brightway is currently hiring to fill the next two classes scheduled to begin Monday, Oct. 14, and Monday, Nov. 9. 

Candidates who want to be considered for the October class should submit their applications this week.

According to representatives for the insurance company, employees enjoy a competitive salary, paid time off and benefits, including medical, dental, life and disability insurance. They also enjoy a 401(k) plan with a market-leading 4% match with no vesting period, according to representatives. Employees are eligible for bonuses and

Read More

Sagicor Life Insurance Company and Vida Life Announce Partnership

SCOTTSDALE, Ariz., Sept. 14, 2020 /PRNewswire/ — Sagicor® Life Insurance Company (Sagicor) and Vida Life (Vida) are pleased to announce that they have entered into a strategic partnership. Sagicor’s products and industry-leading Accelewriting® underwriting process combined with Vida’s insights in creating a quality bi-lingual experience will allow both companies to provide a new, innovative life insurance purchasing experience. Together, they will provide individuals with the opportunity to purchase insurance products that will protect them, help them to grow, and allow them to give back to their communities.

“This partnership supports Sagicor’s continued commitment to innovative life insurance products that are easily accessible to our family, friends, and neighbors,” said Bart Catmull, President and Chief Operating Officer. “With Vida’s advanced relationships in the Hispanic community and Sagicor’s solutions, we have a unique opportunity to continue to provide growth and protection to our customers

Read More

IRS Updates Life Insurance Company Reserve Regulations

(Credit: Allison Bell/ALM)

The Internal Revenue Service — an arm of the U.S. Treasury Department — has completed work on two documents that might, or might not, increase U.S. life insurance companies’ federal income taxes.

One document is a set of final regulations, “Computation and Reporting of Reserves for Life Insurance Companies.” The IRS is in the process of putting the regulations into effect, by getting the regulations published in the Federal Register.

The regulations affect what happens to life insurers’ income taxes when the insurers change the methods they use to account for the reserves supporting life insurance benefits obligations, annuity benefits obligations, and other obligations.

The other document, IRS Revenue Ruling 2020-19, governs when a reserving change a life insurer makes is significant enough to count as a “change in basis” for income tax calculation purposes. That document is supposed to help life insurers apply the new final

Read More

Falcon Insurance Company Chooses Shift Technology for Fraud Detection

Innovative Auto Insurer Views Effective Fraud Detection as Critical to Achieving Company Mission

PARIS and BOSTON, Sept. 9, 2020 /PRNewswire/ — Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry, today announced the company has been selected to support fraud detection initiatives for Falcon Insurance Company. The Illinois-based auto insurer will deploy Force, Shift’s fraud detection solution to accurately and efficiently uncover suspicious behaviors in the claims processes.

Shift Technology (PRNewsfoto/Shift Technology)

Falcon has built a successful business on an ethos of simplicity, creativity, integrity, and efficiency. As such, the company strongly believes that the right combination of technology and expertise results in a fast and fair claims experience, the time when policy holders need insurers the most. Fraud negatively impacts the customer experience through not only higher premiums but also longer time to settlement. Knowing this,

Read More

AM Best Affirms Credit Ratings of Emirates Insurance Company P.J.S.C.

AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Emirates Insurance Company P.J.S.C. (EIC) (United Arab Emirates). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect EIC’s balance sheet strength, which AM Best categorises as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).

EIC’s balance sheet strength is underpinned by risk-adjusted capitalisation at the strongest level at year-end 2019, as measured by Best’s Capital Adequacy Ratio (BCAR). Capital requirements are largely driven by asset risk arising from the company’s investment portfolio, which is weighted toward equities in the UAE. In AM Best’s view, EIC has sufficient capital buffers to absorb volatility arising from this asset class, with capital adequacy remaining robust despite the COVID-19 pandemic driven investment market turbulence during the first half of 2020. The

Read More

Gateway Insurance Company Assigned Financial Stability Rating of A, Exceptional from Demotech, Inc.

47-state licensed carrier owned by Buckle continues to advance digital fronting strategy

Buckle, a tech-enabled financial services company, announced its licensed carrier, the Gateway Insurance Company, has been assigned a Financial Stability Rating® (FSR) of A, Exceptional, from Demotech, Inc.

In June, Buckle announced the acquisition and recapitalization of Gateway, including its 47 state insurance licenses. Through its digital fronting strategy™, Buckle has expanded insurance coverage to include transportation network companies (TNCs), traditional taxi, limo, and livery businesses using Lyft, Uber, and other apps.

“A Demotech rating enables us to continue the rapid advance of our digital insurance strategies in new and exciting ways,” said Marty Young, co-founder of Buckle. “We purchased, capitalized, seasoned, and relaunched Gateway all in one day. Two months later, we are successfully writing taxi and limo policies in 33 states with our partner, Anchor Group Management, Inc. and plan to expand into a

Read More