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Answer the following Question :
1. Analytics is now at the forefront of the insurance industry. Please describe the applicability of analytics to managing, retaining and transferring risk. Describe briefly the tools that are being deployed: Product Lines Quantified; Total Cost of Risk(TCOR); Global Peril Diagnostic; Stress Tests and; Peer Analytics.
2. Explain the basis behind workers' compensation. What was the historical background that generated this line of insurance? What types of benefits does workers' compensation coverage provide? How does workers' compensation work in terms of coverage, rating and premium generation?
3. Management Liability is a very unique segment of insurance. Please describe the different lines of insurance: Directors' & Officers'; Employment Practices Liability; Fiduciary and; Crime. What are coverages meant to address and what circumstances or government legislation drive those terms & conditions?
4. Describe how a global program is structured. What are the factors that generate the particular product of a controlled master program? What are the benefits? Make sure to include the regulatory aspects in addition to admitted requirements. How does a Freedom of Services policy provide economies of scale?
Products range from small portable high-pressure washers to large industrial installations for snow removal from vehicles stored.
An overriding idea in this course is that the impact of HR on the value of an organization is difficult to measure.
Why is labor union membership growing in some countries and shrinking in others? In a developing country or emerging market, how would an increase in labor unions affect MNCs who have manufacturing facilities or operations in these countries/markets?
Although predicting change is a difficult task, it is important to understand and prepare for change that is coming or at least understand impact.
Explain how and why distribution channels are affected as they are when the stage of development of an economy improves. Give an example of a country where this situation has occurred.
Enabling statutes are also sometimes called. Core measures required to demonstrate meaningful use involve which of the following standards?
Describe your service from both operational and customer perspective. Assess the mis-matches between these perspectives
Discuss how a solid marketing effort helps small businesses to become quickly profitable. Discuss the ramifications of ill-defining the legal organization of a start-up business.
Verbal recognition for a job well done is not a company expense. How much value does verbal recoginition have in an employees' eyes?
Evaluate the role their inventory plays in the company's performance, operational efficiency, and customer satisfaction. Compare and contrast the four different types of layouts found with each company; explain the importance of the layouts to the ..
Outline one or two examples of using the NPV methodology to make choices among alternative investments in your organization. Cite case study examples or hypothetical examples if necessary. Include examples of mutually exclusive projects.
Calculate the project completion time.What is the probability of completing this project between 38 and 40 days?
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