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PEO vs. Insurance Broker: 6 Differences Business Owners Need to Know

Zenefits

In 2021, a reported 57% of non-elderly people were covered by employer health insurance.¹ While a small business isn’t required to provide health insurance to its employees, as it grows and scales, this changes. To provide these health benefits, employers can work with either a PEO or an insurance broker. What is a PEO?

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Transferring Risk Helps Relieve Leaders’ Biggest Fears

Chief Executive

But rather than focus on the potential for doom and gloom, we offer one avenue companies can explore to be better prepared to face those risks: sell them to someone else. Some companies perceive buying insurance purely as an expense, a drain on profits. Almost all companies already have commercial property insurance.

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Preparing For The Big One

Chief Executive

For those that did, cyber insurance helped defray the remediation expenses and the loss of business income. He’s referring in part to the decision by one of the world’s largest cyber insurers, London-based Lloyd’s Market Association, to exclude coverage for state-sponsored cyberattacks. Today is a different story.

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What To Know As You Consider Outsourcing Manufacturing

Chief Executive

Manufacturing outsourcing raises profit margins, improves inventory management and gets new products to market faster. Manufacturing outsourcing allows you to utilize assets that others already have in place, without having to make a heavy investment developing your own capabilities. This frees capital to grow your business.

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From Claims to Fairytales: How to Write for Different Audiences | Chantal Roberts

Peter Winick

Today, host Bill Sherman sits down with Chantal Roberts, an insurance expert and professor at The Bureau of Manhattan Community College in New York., One caters to insurance professionals, and the other takes a creative approach to educate the general public. to discuss her unique journey as an author of two distinct books.

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Now What? Post-SVB, CEOs Need To Exercise Strategic Vision, Tactical Wile

Chief Executive

One possibility, Scheef said, is checking out cash-management platforms such as IntraFi ICS, a service that allows thousands of banks to spread out a company’s funds in increments of $249,000 to as many banks as necessary to get the amount covered by FDIC insurance in toto. The cost is roughly 15 basis points, he said.

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Your CIO’s Technology Wish List

Chief Executive

At Voya Financial, which serves more than 14 million people with retirement, benefits and asset management products, CIO Santhosh Keshavan is investing a large part of his tech budget this year and next year to help client employees better understand the benefits the financial services company provides. Flattening the Learning Curve.