| Seven Insurance Issues For Merchants
When an ecommerce business begins to grow, new risks mount and site owners should examine insurance options. Finding an insurance agent who understands the challenges of online business has been tough for many e-business owners. Only recently have insurance options become available. Online businesses differ from their brick-and-mortar counterparts in ways that present unique challenges for insurance companies. "An ecommerce business owner has the challenge of facing all the traditional risks that any business faces, plus those unique to ecommerce," said Nancy Callahan, a vice president with AIG Insurance, which offers ecommerce coverage. Callahan says the traditional risks include protection for your property, your employees and those who do business with you.
Delaware Agent Groups Closer to Merger; Members to Vote April 18
The boards of directors for the Insurance Agents & Brokers of Delaware (IA&B of DE) and the Independent Insurance Agents of Delaware, Inc. (IIAD) have unanimously voted to approve the plan for merger of their associations, the second of three steps to make merger a reality. .
Rural youth can boost FIs, Insurance Cos` turnover
Financial Institutions (FIs) and Insurance Companies can rope in about 200mn Rural Investors in their fold provided they design innovative savings and loan schemes on lines of commercial banks and even post offices and multiply their annual turnovers by disbursing agri, housing, personal and education loans and easy insurance schemes at affordable rates to potential aspirants, according to Associated Chambers of Commerce and Industry of India (ASSOCHAM). In a paper on 'Investment Potential Prospects of Rural India' brought out by the industry chamber, it has been stated that of the 700mn rural population, about 200mn rural youth have reasonable per capita income, but investment opportunities are virtually non-existent. "This is because, these have no access to popular savings instruments of various commercial banks, insurance companies and post offices branches in ulteriors of countryside and are disparately looking to channelise their finances for suitable returns. A good number of rural investors are also aspiring to become self reliant but lack avenues for credit in areas for food processing, better horticultural and agricultural facilities, training for skill development to process their milk etc., says the paper.
|
