New Tricks for a Seasoned Insurance Company

The age of the internet is in full swing. It seems that everything can now be done online including grocery shopping and buying a car. This has greatly affected all industries specifically anything associated with sales. Companies have had to make major shifts in the way they approach sales, marketing and have also had to move a lot of capital into shipping and packing goods. This shift in commerce has greatly affected the insurance field.

Gone are the days when potential clients would into an office, form a relationship with an agent and purchase insurance for a house, car or recreational vehicle. Today, many people purchase insurance over the phone or, even more removed, many others search for and purchase insurance online without even speaking to an agent.
Plymouth Rock Insurance is a company based in Boston, Massachusetts. They are making headway in the battle to stay relevant. Plymouth in struggling to keep its old strategy of keeping an agent with every account and still stay alive in the age of internet insurance policies. Because of this, the company has decided to implement several initiatives to try and mesh the two worlds together. Along with ushering themselves into the internet age, Plymouth has not only set up an online purchase option and phone option but has also decided to double team each account and assign an agent to each purchase. They have even created a database for each client that lets the company know that their clients are searching other carriers.

The founder of Plymouth Rock, James M. Stone, began his career at Harvard University and completed his Ph.D.there as well. He also served as the Massachusetts Commissioner of Insurance in the late 1970’s. Mr. Stone has created a conglomerate of companies in the insurance field and has been the driving force behind the update in Plymouth Rock Assurance online policies.

As Mr. Stone move Plymouth further into the online insurance world, there can only be an increase in their clientele and popularity.

Kyle Bass Nurtures “His” Bottom Line

Kyle Bass sailed high for a time from what might be lucky predictions but is presently at an all time low. The one time successful investor has promoted his career with multiple television appearances but has failed to show his constituents any true capacity for investing money with reliability. Developed Hayman Capital Management, successfully called the subprime mortgage crisis and in the process, accumulated a lot of money. His ability to make the right calls in the market seemed almost magical. Now, it seems there is a “chink in the armor” after all.

This hedge fund investor is accused of choosing financially unhealthy liaisons, “Cristina Fernandez de Kirchner”, being one. His defense of her lack of financial concern for her country placed “Kyle Bass” in a confusing light with the investing community. His defense of “Cristina Kirchner’s” decisions is far from logical financial management. “Kyle Bass’s” unbridled defense of the “Kirchner” rule is suspect.

He has shown poor judgment in justifying GM investment position, aligning with “Chris Kyle and perhaps speculating with “Erich Spangenberg” on stock trades. The logic “Kyle Bass” uses to defend associates almost seems callous. The Patent trial and Appeals Board is only one organization possibly instituting actions against “Kyle Bass for his, less than professional, activities. This investor seems to cater to those with financial influence no matter their methods of reaching their goals. As an investor, protecting the assets of some, will not improve the health of the majority.

The investor admits moving through a rough patch with financial goals. No doubt, “Kyle Bass” will find a way to balance them out no matter how low he must go to do it. His focus is always on “His’ bottom line. This attitude does not look promising for consumers trusting in the skill of this hedge fund developer.

Brazil Is A Country To Watch For Concepts In Advertising

Brazilians are typically known for their colorful culture and diverse lifestyle choices. From their amazing art to their country’s typical food choices, Brazil’s aesthetic approach to any artistic endeavor is always creative and imaginative. From their photographers passionate renderings to illustrations that will leave you breathless, everything coming out of Brazil right now is a passionate portrayal of their cultures diversity. Brazil is a country to watch for new trends and beautifully rendered concepts in both their advertising and commercial campaigns.

Traditional media has been falling from popularity recently to make way for a more interactive and exciting environment, changing the advertisement industries production in Brazil. As the internet’s infiltration increases throughout Brazil, significant changes in advertisement have been examined of late. With the extreme growth of personalized communication available, we can foresee great new results from this movement. The ability to reach a much larger and diverse audience within the target of the campaign and using technology that can examine and determine the behavior of the target audience, online ad networks are attracting more investors and the additional attention of marketers in the last few years and promoting space in the planning of advertising funds.

When speaking of new and inventive developments for advertising Claudio Loureiro and his company, Heads Propaganda needs to be mentioned. Known for his exploits in advertising, a businessman who invests much on developments of culture within advertising and communication, Claudio Loureiro is at the forefront in the new movement towards interactive communication. He believes that keeping up to date in what’s new in advertising, along with finding unusual interpretations on ideas to keep advertising interesting is the key to success for his company to continue accelerating in this new and fast paced industry. He maintains his success within this sometime chaotic industry by experimenting creatively. He always pushes to achieve much more, always looking for innovations in the advertising area, being known as a stubborn advertising businessman, he always seems to extract interesting new concepts from his team despite whatever challenges may arise.

Claudio Loureiro’s advertising endeavors can be seen in his inventive advertisements for such big names as, Petrobras, Volvo, Shop South Federal Savings Bank, and the Apothecary. He takes special pride in being first and foremost a Brazilian and his passion for his country can often be seen in his campaigns. He has been known to bring celebrities and directors to Brazil to negotiate contracts and show off the natural beauty and culture of Brazil, to not only better the economy of the Brazilian people through more jobs, but to bring Brazil to the forefront as a contender as one of the world’s most beautiful countries to film. Claudio Loureiro and his company Heads Propaganda will be exciting to observe in the future as the face of advertising continues to change along with technology today.

There’s Tension In The Air At This Year’s Jackson Hole Economic Symposium

The largest annual meeting of central banking figures, starts soon, and guess what? The big topic on wsj.com is an interest rate hike. Enormous amounts of money are ready to be moved as soon as the Federal Reserve raises interest rates, but when that will happen is the economic question of the year. For months, financial investors and Forex traders have been trying to get Federal Reserve chairman, Janet Yellen, to tell them when the rate hike will come. Will it be as soon as next month or she waiting until the end of 2015 to play God with the economy? Yellen has been vacillating about a hike all year. Yellen said the time wasn’t ripe for a rate hike, and then she said the economy is ready for the hike.

Christian Broda the managing director of Duquesne Capital Management and other economists like Martin Hüfner think the Feds will raise the interest rate at the next meeting. Broda said the Feds have prepared the financial market for the increase, and he also said the increase is necessary in order for the capital markets to return to near normal conditions. Mr. Broda thinks the US business cycle is pushing into high gear, and the unemployment rate is down to levels where workers can ask for wage increases, and that usually is one of the main ingredients in inflation.

For the last seven years, the Feds have been lending money to banks at the lowest federal fund rate in history. That rate is between 0.0 and 0.25 percent. That rate has devalued the savings of prosperous folks around the country, but the big money players in financial markets have become addicted to cheap money. Between 2009 and 2014 the Feds poured $3.5 trillion into the accounts of institutional investors, and that move produced a sustained equities boom. Economists are worried that emerging markets will be devastated by a interest rate increase. The economies and the trade deficits of Brazil, Turkey, India, Indonesia and South Africa, are fragile, and a rate hike along with a strong dollar can exacerbate the economic hurt they are living with. And then there is China. Broda and other economists say China’s internal financial crisis could hurt their trading partners. Chinese exports are definitely declining, and the Chinese manufacturing base is shrinking.

The problems in those five countries and China have nothing to do with an interest rate decision, but a rate hike would intensify the negative economic trends in those emerging markets, and that will have an impact on the U.S. economy.

The Growth of CCMP Capital Under the Lead of Stephen P. Murray

Being a Private Equity Firm, Stephen Murray CCMP Capital on CrunchBase operated globally having being established in 2006.CCMP Capital has over of the past years undergone a series of transformations. In 1989, the MH Equity Cooperation combined with Manufacturers and Hanover Private Equity Group. Chemical Bank then purchased it in the year 1991. After that, Chemical Bank merged with Chase Venture Partners and later with Chase Manhattan Cooperation in 1996, which lead to it becoming Chase Capital Partners. It later changed its name to JP Morgan Partners in 2000 then adopted the CCMP acronym effective from July 31st, 2006.

Stephen Murray CCMP Capital team as world class investment partner has majority targeted on investing in Consumer, Energy Industrial and Healthcare sectors.CCMP Capital has invested in these areas for a long time while doing business with multiple industries that have broad marketing conditions.

Consumer sector- in this sector, the CCMP Capital under the lead of Thomas Walker and Richard Zammino, has invested $7.1 billion in over 30 years.It is specifically in mass channel supply, multi-channel marketing and speciality retailing.

Industrial sector- for over 29 years in manufacturing, distribution and chemicals, $5.5 billion has been invested in this area under the leadership of Timothy Walsh.

Healthcare sector- this sector deals with the allocation of medical products and its provision through managed care organisations.

Energy sector – this sector is under the leadership of Christopher Behrens. It mainly focuses on providing oilfield companies, power and midstream services.

CCMP Capital has investments in Europe and North America specializing in buyout and growth equity.

In companies that range from $250 million to $2 billion in size, CCMP Capital invest $100 million to $500 million of equity per transaction.CCMP Capital has operating resources that have full-time partners with extensive sea-level executives advisors who have an average of 30 years of experience.

CCMP Capital closely works with management teams at every to develop a shared vision for the future of business. Due to its success, CCMP Capital has earned the trust of many well established limited partners.

The late Stephen .P. Murray was born on the second of August 1962, in 1984, Stephen Murray graduated with a degree in economics from Boston College later earned a master’s degree in business administration in 1989 from Columbia Business School. In 1984 at Manufactures Hanover Corporation. He was part of the credit analyst training program.
Later on Murray became the head of buyout business at JP Morgan Partners in 2005. Most importantly, he co-founded CCMP Capital and was named the CEO of CCMP Capital in 2007. He was a wise investor who contributed widely to the growth and success of CCMP Capital. He died on 12th March 2015 at the age of 52. Due to him enabling the firm establish a new identity with investors, CCMP was able to raise $3.6 billion fund last year.

The Fate of The US Dollar

American hedge fund managers and investors, who invest in the economy of the United States, have helped in the bettering of the American dollar as they too benefit from the returns. US has tripled its imports and thus made goods to become much cheaper within the country due to increased access to products and excess supplies. The world wants to export goods to the US due to its reputation of being a great consumer for their products for example French wine and Italian is the country’s major import products. The market is graced with commodities from a wider variety and taste that the country does not produce; this boosts the “elasticity of substitution”. Economists and hedge fund managers believe that this will cause a drop in the value of the US dollar.
Christian Broda on wallstreetjournal is a Professor of Economics believes that the Dollar can survive the economic turmoil despite the challenges it is facing. Prof. Broda -a fellow at the National Bureau of Economic Research (NBER) – indicates that in the aftermath of recession in 2008, the dollar had a ten percent increase.

Christian Broda is the Managing Director (M.D) at the Duquesne Capital Management. Before moving to Duquesne, he was a professor school of Business at the University of Chicago, School of Business from 2005 to 2010 as well as the Head of International Research at Lehman/Barclays Capital from 2008 to 2010. Prof. Christian Broda graduated with a B.A., (Summa Cum Laude) from the Universidad de San Andres and went on to further his degree with a Ph.D. at the Massachusetts Institute of Technology (MIT). Christian has also written and had his work published in the top economic journals as well as the press.Christian is also an associate editor of the Journal of Development Economics, a co-editor of the IMF Economic Review and a member of the Latin American Association Economia Journal.

Prof. Broda is an economist and served in banking and finance in Dusquesne Capital Management before considering his career. He is known for his sound advice in economics and investments. Christian’s article on “how to start your own hedge funds” was featured in a CNN article. He stated that one should cover the essentials for having a good team, have a relationship with a law firm, have capital source anchor, search before selecting your main broker and have a professional office.

In his opinion, US Economy is strong and self-sufficient. He believes that the US dollar is yet to meet its finest days in the global economic scene. His views are based on the fact that the dollar has survived the inflation in contrary opinion of other economists who believe that the dollar’s best days are gone.

Highland Capital Management Shares Secrets About Creating A Rewarding Work Environment

Highland Capital Management has been in the business for a long time now and ever since it started, the company has consistently churned out great results. The work environment of Highland Capital Management is much talked about because of how satisfied the employees of the company have been during the life of James Dondero, the President and co-founder of the company. It is said that great companies are made by the financial decisions made by the top management. This is not true. Great companies are made by great leaders like James Dondero who understand that a rewarding work environment is the key to success.

Here are some tips from the experts of Highland Capital Management on how to cultivate a great work environment in a company –

Don’t Let The Slacking Employees Win – Fear of confrontation means that leaders often don’t confront the employees who are slacking off. The good employees are the ones who work overtime and pick up the slack. In order to have a healthy work environment, these lazy employees must be warned about their behavior. James Dondero says that, at the same time, the hard working employees should be rewarded.

Utilize Walking Meetings – It is a fact that exercise leads to better decision making. This is being utilized in the corporate world. Walking meetings have become a common way to brainstorm at Highland Capital Management as well. People take a walk around the premises and discuss new strategies, ideas and update the leader about their progress. This technique also helps to overcome little roadblocks that a particular project might be stuck on.

Allow Employees To Have a Say In Matters That Concern Them – If there are some issues that directly affect the employees, they should get some say when decisions are made regarding said issues. After all, they are the ones who would be living with those decisions. At Highland Capital Management, employees are allowed to voice their opinions on subjects affecting them and this creates a work environment that is open and transparent.

Set Aside Time For Creativity – Companies like Google and Highland Capital Management follow this technique where they allow their employees to be creative on the job. This opens doors to innovative ideas and methodology that could help the business create a creative image for itself. It also helps to increase employee retention rates and improves satisfaction levels among the people of an organization in the long run.

These tips are simple to follow and within a short while, they come as second nature to leaders. The trick is to consistently try and find out innovative ways of keeping the work environment pleasantly challenging, balancing work and play, and letting originality and innovation flow freely.

Changing a Business

No matter what industry a business is in, at the end of the day the goal is to make as much of a profit as possible. There are many company owners and leaders that love running the day to day aspects of a business. However, these same people are unsure of how to change their business for the better in order to increase the profits in a business. There are several steps that anyone in business can take in order to maximize profits. Understanding how profits are calculated is the first step in the process. A company must take its total sales numbers and subtract all of the expenses. By default, if a company can decrease expenses while maintaining sales they will generate higher profits. Here are several tips on how to do that in any business.

Find Waste

There are many companies that have a tremendous amount of waste built up in their systems. The ability to find and reduce this waste or inefficiencies is vital to reducing expenses over the long term. As a business owner, finding areas that do not add value to the company and eliminating them can lead to higher profits. However, a leader does not need to go through and just cut everything. This has been done in the past in struggling companies. The CEO or other business leader will cut five or ten percent of the workforce in an attempt to cut costs. Although costs will be cut, this can lead to a decrease in customer satisfaction or value. Always keep the long term in mind when eliminating departments or people.

Brian Bonar

One of the best people in the world of corporate finance today is Brian Bonar. Few people have as much experience as he does in changing a business for the better. As the CEO of many companies, Brian Bonar has had to deal with company issues at all ends of the spectrum. Anyone that is in a leadership position at a company that needs to be turned around should look into his work. Anyone can change a business for the better if they have a viable plan and act on it. Brian Bonar was written about by PRNewsWire.

Final Thoughts

Overall, there are many companies in business today that are operating at an efficiency level that is less than optimal. The financial portion of a business is one of the most important. If a business does not take care of its finances today, this will hurt their chances of growing their customer base and profits in the future. Brian Bonar is one of the best leaders in corporate finance and how to change a company’s finances.

Brian Torchin and His Medical Mission

Brian Torchin is president of the Health Care Recruitment Counselors, LLC, (HCRC). The organization offers a variety of services to medical practices that are searching for the optimum employees to help make their businesses run efficiently and smoothly. As a doctor of chiropractics, Torchin used his own experience to familiarize himself with heath care industry and what was needed to maintain a quality chiropractic office. He spent many years staffing and opening medical offices in Florida, Delaware and Pennsylvania before forming HCRC. Based in Philadelphia, HCRC also offer extended night and weekend hours to assure clients of quick and effective communication.

Torchin and his staff work directly with chiropractic private practice and hospitals and help fill not only chiropractic employment opportunities, but physical therapy and medical jobs that include dental, podiatrist, physician assistants, nurse practioner jobs and other opportunities. The HCRC staff also provides professional consulting, staff training and background checks. These services free the clients to do what they do best and that is to deliver quality healthcare.

According to Torchin the biggest challenge is to find staff quickly as everyday without a supporting staff is day the medical entity is not billing a client and that translates to dollars lost. Torchin has designed an efficient and effective approach to locate the right candidates in about 48 hours. Being available nationwide, as well as in Australia, Europe, Asia and Canada, utilizing their medical staff knowledge has proven their ability to put together quality chiropractic practices that are superior.

Torchin utilizes a large data base of active physicians and continually work to find qualified candidates ready to fill client openings. The search method used by Torchin and HCRC includes identifying clients search criteria, assessing the current market place and healthcare needs, interviewing potential candidates, checking references and handling contract negotiations.

Torchin and HCRC pride themselves on developing the best staffing solutions in the health care industry. Torchin is a detailed oriented man with a positive attitude about the business world and health care industry even when the economy turns sluggish. Torchin believes developing and building long term relationships with clients helps to provide the best solutions for his clients while being respectful of their wishes and needs for the long term.

Torchin also believe in order for HCRC to remain competitive and retain the leading edge it is important to be knowledgable and current about the needs of the healthcare community, including compensation trends. This philosophy helps HCRC attract the right services and talent they need to grow and improve their standing within the health care community.

Modern Entrepreneurial Spirit

The modern business world requires a leader modern entrepreneurial spirit. When a leader has this forward thinking spirit, they are able to make better decisions and adapt faster to changing financial landscapes and situations. Many times, conducting business online or diversifying business plans are the best ways to ensure longevity in the modern business environment.

A great example of an international business leader who encompasses this modern entrepreneurial spirit is the Executive Chairman of QI Group of Companies, Vijay Eswaran. Vijay has literally worked his way up from doing odd construction jobs to being the head of one of the largest e-commerce companies in Asia today. The QI Group of Companies encompasses a broad spectrum of business industries, including selling luxury accessories and energy options. Vijay is able to offer his company’s services throughout Asia, Australia, and he has recently branched out into Europe.

Mr. Eswaran comes from humble roots growing up in Malaysia. He focused on his education and earned his first degree from the London School of Economics. This is where he acquired his understanding of modern business relations and where he was introduced to modern entrepreneurial ideologies. Vijay would go on to earn his Masters Degree from the Southern Illinois University in the United States. Travelling globally to obtain his education was one of the best ways for Vijay to prepare for his future as head of such a large globally fueled e-commerce company.

Since Vijay Eswaran has found such success in his life, he has been known to speak to groups about his ideas and business practices. Vijay has also added being a writer to his resume. He’s written several books, most of which concentrate on how he lives and offers advice to others who want to try to replicate the success he’s found in his life.

Vijay Eswaran has proven his has what it takes to be a successful businessman in today’s global economy. With a concentration on consumer needs and e-commerce solutions, a business-minded person with a modern entrepreneurial spirit can take his business around the world if he so wishes. Check out this article by Entrepreneur.com on Vijay Eswaran.

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