The Impact of M-Commerce on the Insurance Industry (Analyst Insight)Mobile commerce is emerging as a viable method of conducting insurance business through a wireless connection between consumers and insurers. The growing ecosystem of mobile devices coupled with more reliable wireless communications is cresting at the same time consumers are being more familiar with using these devices for commerce, entertainment and social purposes. (...more
The hotel industry is fortunate. The federal government's terrorism insurance backstop has been in place since 2002 with no disruption in coverage. In fact, in 2007, Congress approved the Terrorism Risk Insurance Act (TRIA), which extends the coverage through 2014. However, the language in both acts has made it clear – federally backed terrorism insurance is only temporary.That's because the government does not want to assume the...more
A taxi insurance policy is taken out for two reasons. The first reason is that the law makes it mandatory for the taxi owner or the taxi firm owner to have a taxi insurance policy before his taxis can practise commercially. In fact, the laws are so strictly implemented that without a taxi insurance policy the taxi owner can suffer significant fines and might even lose his business licence.The second reason why you should have taxi insurance for your taxis is that it can support you from multiple angles. For example, if your taxi happens to get damaged in some kind of an accident, the cost of repairing those damages will be handled by the insurance provider. This also applies with regards any legal hassles resulting from your taxi being on the road. The costs of the legal hassle and the resultant claims will be honoured by the insurance provider.Therefore, despite the variation in the two reasons, the overall reason why you should get a taxi insurance policy for your taxi is saving money. If the final purpose of buying a taxi insurance policy is saving money, then it would be considered extremely foolhardy if you end up buying an expensive policy. Surprisingly, this is exactly what...more
Saving money is essential today and this goes for cab cover as well. While you need to have the right level of cover to stay legal and safe while working, it is not necessary to go broke while doing so. There is a variety of ways out there to pay less for cover and still get adequate protection:1. Be on the lookout for freebies- Everyone loves...more
The demand for faster and more efficient courier services has never been greater now that the exchange of goods has expanded to include the online business of buying and selling tangible goods. People have learned to appreciate the convenience of shopping for a variety of goods available online, right in the comforts of their home, and getting them...more
All couriers are different and therefore also have different needs when it comes to insurance. Because of this, finding the right courier insurance for both employee and public liability would be a vital legal requirement that should apply to all courier companies - though insurance for courier vans and transit goods are essential, too. When looking for the greatest insurance protection out there, it would be wise to get in touch with numerous insurance companies first in order to find the right insurance cover that will fit your personal needs. The insurance companies which actually provide courier programs, however, should be the first ones you take into consideration since they are usually more aware of the kinds of insurance out there, as well as various other valuable services that people in the business of couriers may need. See, not every insurance company out there provides certain kinds of cover - remember that. More and more independent contractors have recently emerged in this business, as well, and that particular class requires an all-in-one, highly comprehensive courier insurance package made especially to protect certain assets. Now, insurance happens to be a...more
If you are a public or private hire driver, you are aware that you must have adequate cover for your business. It is necessary that any liabilities that may occur be fully covered, since this is the law. The myriad of choices you are often met with...more
We all have a need to save as much money as possible on everything that we can. When you have a taxi, this is very important, since this is the way you secure you living. You need to take as many precautions as possible to insure that your vehicle...more
Are you interested in buying a property? If you are going for real property then there are certain things that you need to keep in mind. One of the things that you might require is the title insurance.This kind of insurance is very much popular in...more
There was a time when every single potential buyer would dread the prospect of having to buy a taxi insurance policy. The reason for this was the fact that the whole process of acquiring the insurance policy, in those days, was extremely tedious and...more
There is a misconception amongst the masses regarding taxi insurance policies. As per this misconception, it is only natural that buying an insurance policy would take ages and a lot of effort. Another consequence of this misconception is that not...more
Accidents are extremely unpredictable and because of this they usually catch people unprepared. Accidents are something that are unforeseeable and even an extremely safe driver is susceptible to some other driver hitting his car. However, if you do...more