Posted by Jeffrey Nelson on Aug 26, 2011
While several factors influence buying a new car, the sound of its horn probably isn’t one of them. And while the sound of a car horn may be a small issue for some, it’s a big issue for others—particularly automakers.
Pat Seashore of Ford Motors is one person who takes car horns seriously—it’s what she does for a living.
“Horns are tremendously important,” said Seashore in an interview with USA Today. “The horn is a communication device. You alert someone that something is happening.”
Some countries require a minimum decibel level
Dubbed the “horn czar,” Seashore, an engineering supervisor for Ford, recently spoke to the paper about the factors Ford takes into consideration when determining a car’s noise. And according to Seashore, none is more important than how loud of a sound it makes.
For instance, if a particular model is being sold in Europe, South Korea or Japan, Seashore says the horn has to be at least 93 decibels. Acc Read more…
Tags: Car Horn, Horn
Posted by admin on Aug 07, 2011
It would be logical to assume that by combining car and house insurance you will get a better deal on your premium as you are bringing more business to the insurer. This is a logical assumption, but does not always actually work in your favor. As you are looking for cheaper insurance by going for a combination insurance package, check the details carefully to be absolutely sure you would not be better splitting your insurance options. In these difficult times, insurance costs are important and many people are looking to make savings, however don’t cut corners and end up with a poor deal.
Why getting combo insurance helps
Car insurance is a necessity as it is illegal to drive without cover. On the other hand, many people decide to save money by not taking out a house insurance policy. A Read more…
Tags: household insurance
Posted by Ryan Rogers on Jul 19, 2011
Hamilton, Bermuda, Ironshore Inc. announced that the company is broadening its relationship with Equinox Global Limited to extend additional underwriting capacity to its trade credit insurance market program. Ironshore will provide increased capacity on a facultative basis for all eligible territories to meet the growing insurance demands of Equinox Global, a Managing General Agent specializing in trade credit. “Ironshore’s expanded relationship with Equinox Global allows us to provide greater access to an on-demand, one-stop resource for capacity in an expeditious manner,” said Daniel L. Sussman, President of Ironshore’s Political Risk Unit. “Our continued participation in this enhanced program signals a mark of confidence in Equinox Global’s ability to provide cover to an even larger global client base.” Equinox Global, exclusively dedicated to the trade credit insurance market, was established in November 2010 to offer coverage with first class security in the credit insurance sector throughout various market cycles. “As our busin Read more…
Tags: Capacity, Equinox Global
Posted by Ryan Rogers on Jul 15, 2011
New York, April 1, 2011 — RIMS today announced that it has established RISK PAC, a political action committee to support the campaigns of candidates for the U.S. Congress. The PAC is registered with the Federal Election Commission and will comply with all requirements of the Federal Election Campaign Act and FEC regulations. “The RIMS board of directors unanimously voted to authorize the establishment of RISK PAC to help elect candidates who will advance the practice of risk management and the interests of our members on public policy issues important to the risk management profession,” says Scott Clark, president of RIMS. RIMS maintains a government relations department in Washington, D.C. to advocate for RIMS’ positions on pertinent issues and maintain strategic relationships with related industry groups, government agencies and federal and state legislators. “RISK PA Read more…
Tags: Action Committee, Committee, Political Action, Political Action Committee
Posted by Ryan Rogers on Jul 12, 2011
International Excess Program Managers is bringing social media and interactivity to the web of the insurance world. The improved website brings a refreshing new approach to the stagnate websites typical of insurance marketing. Those that visit will even have an opportunity to participate in a contest naming the company’s new mascot. Marc Pender, President, says, “The addition of our social networking accounts offers customers a fun, user-friendly experience. Furthermore, our blog provides useful insurance information, melding insurance and social media in one place.” The new website also allows users to meet the staff in a unique way, as well as participate in a “What superhero are you?” test. In regards to the theme and overall playfulness of the website, Pender goes on to say, “We like to take a different approach at our marketing by not taking ourselves so seriously.” The website also provides a look at the expanded insurance programs that International Excess Program Managers now offers. N Read more…
Tags: Excess Program, Excess Program Managers, Program Managers, Website
Posted by Ryan Rogers on Jul 11, 2011
Las Vegas, April 13, 2011 — Yesterday, three senior life insurance executives shared their views on distribution, regulation, risk management and product innovation, and their impact on the future of the life insurance industry to the 550 attendees of the 2011 Life Insurance Conference. “Middle market will be the growth engine for the future,” said Thomas M. Marra, president and CEO, Symetra Financial Corp. “Companies will need to return to the basics of life insurance to reach this market. With estate taxes at $5 million and $10 million for one person or a couple, opportunity in the affluent market will be diminished. The days of hunting elephants are probably over.” J. Eric Smith, president, USAA Life Insurance Company, added “Leveraging technology will be the differentiator to capture more market share — especially will younger consumers. Building a strong dot.com space and using social networking site will fuel future growth.” The panel, moderated by Robert A. Kerzner, president an Read more…
Tags: Insurance, Life Insurance
Posted by Ryan Rogers on Jul 08, 2011
Kansas City, MO – London, UK – April 20, 2011 – Lockton, the world’s largest privately held insurance broker, is launching a package of risk management solutions called Enterprise Disruption Contingency Insurance designed to help companies cope with previously “uninsurable” risks. Lockton’s Enterprise Disruption Contingency Insurance offers an innovative “umbrella solution” for such grey area risks as loss of intellectual property rights, inability to manufacture or distribute a product because of another organization’s product recall, regulatory risks, and information technology network disruptions or suspensions. “Insurance underwriters have traditionally focused on mainstream property and casualty risks, which can leave many of the exposures surfacing for today’s enterprises uncovered,” said Emily Freeman, Executive Director in Lockton’s Global Risks team in London. “Enterprise Disruption Contingency Insurance provides customized coverage for risks that many risk managers and executives have found uninsurable previously.” Supported by key London insurance market syndicates, Lockton can offer initial insurance capacity of up to $75 million for this program. Policy language is customized to the needs of individual companies. “The aim is not to offer an all-i Read more…
Tags: Enterprise Disruption, Insurance
