8 Things to Consider When Buying or Selling an Insurance Agency

| September 13, 2019

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Insurance agency acquisitions and deal values are near an all-time high and all expectations are that deal flow in 2019 will match or exceed last year’s numbers. And while reported numbers tend to skew towards larger agency transactions there are many agency deals that involve small, local firms that do not appear in industry reports.

Spotlight

PT Asuransi Adira Dinamika (Adira Insurance)

PT Asuransi Adira Dinamika, also known as Adira Insurance, was established in 2002 as a company licensed to transact general insurance business. Supported by highly experienced professionals with the necessary expertise to provide innovative products and features, combined with high service standards for customer satisfaction, has enabled the Company to grow rapidly to become one of the leading general insurance companies in Indonesia. Its growth in line with prudent risk management and controls has established it as a reliable insurance company which provides security and stability for its customers.

OTHER ARTICLES

Coronavirus and insurance: threat or opportunity?

Article | April 17, 2020

The world is facing an unprecedented situation like never before. In the span of a couple of weeks, a visually undetectable virus has wreaked havoc and driven everyone home. COVID-19 had led offices to close, the economy to slow down, and has isolated us in our homes. Zooming in on the insurance industry, the effects haven’t gone unnoticed here either. Since no one was prepared for a pandemic of this scale, people are scrambling to know what their insurance covers. Those who weren’t covered are enquiring if they can get covered now. Travel and health insurance are the specific types are making the most news.

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How insurers can use big data to manage the COVID-19 pandemic

Article | March 27, 2020

Insurers are stuck between a rock and a hard place. The recent COVID-19 pandemic has forced much of the world to grind to a halt. As companies struggle to manage the impacts on their supply chains and bottom line, greater pressure is placed on insurers to support their clients while also mitigating the downside for their own businesses. On one end, the needs of insureds are higher. Business operations are global and more complex; all the while, clients expect more bespoke service and support.

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What You Need to Know About Coronavirus and Medicare Coverage

Article | March 20, 2020

Medicare Rights now has a flier with information about Medicare coverage and coronavirus.Congress passed legislation (H.R. 6201) that would waive all beneficiary cost sharing for coronavirus testing and the associated doctor’s office visit. The President is expected to sign the bill soon. Early Saturday, March 14, the House passed legislation (H.R. 6201) that would waive all beneficiary cost sharing for coronavirus testing and the associated doctor’s office visit. A Senate vote is expected soon.

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How technology will transform life insurance

Article | April 20, 2020

Do you know what the UK insurance industry is going through? A disruption that calls for complete metamorphosis. Not so different from what the whole world is going through at the moment. Crafting one-size-fits-all products and expecting them to sell like hotcakes is a huge misconception. Customers want products to be as personalised as possible. Pay per mile insurance or lower car insurance premiums for safe drivers are some examples. In the current global crisis, personalised life insurance would look like factoring in the unique health/ living conditions of the person and then providing insurance options.

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Spotlight

PT Asuransi Adira Dinamika (Adira Insurance)

PT Asuransi Adira Dinamika, also known as Adira Insurance, was established in 2002 as a company licensed to transact general insurance business. Supported by highly experienced professionals with the necessary expertise to provide innovative products and features, combined with high service standards for customer satisfaction, has enabled the Company to grow rapidly to become one of the leading general insurance companies in Indonesia. Its growth in line with prudent risk management and controls has established it as a reliable insurance company which provides security and stability for its customers.

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