Almost all businesses were affected by the novel coronavirus pandemic as well as economic shutdowns. The insurance sector experienced some instant and extended changes. The car policyholders did not forward many claims since they spent more time at home, therefore, driving less.
The policyholders were concerned because they could not afford their premiums. However, this triggered evolution, straightforwardness, and innovation. Heath Ritenour, the executive director and chairperson of IOA assesses the positive impacts that have happened in the sector for the last one and a half years.
Health Ritenour believes that more energy should be dedicated to the industry, and execute innovation to ensure the process is streamlined, augment success, and even provide unique customer service.
This pandemic has gotten insurance ventures and experts thinking about the progress and even things that should be changed. Heath highlights certain changes that would outlast the crisis and upbeat the sector accordingly in the future.
More insurance agents have their working shifts altered and interrupted and are now based at home. It seemed a hit on the insurance industry, but this made the agents more accessible and reachable by the customers. At the same time, the companies save on communication, travel, and utilities.
If this persists, the office rents could be reduced. Heath Ritenour advocated for the altered working models, and his claims have been vindicated because the shifts are more efficient. Heath Ritenour is committed to actualizing the models in his insurance company and beyond.
Insurance agents used to take more than one hour to interact with customers to finalize the application. Heath Ritenour believes that the application process is now streamlined. The online platform uses the customer information available in the public domain to ensure the application happens instantly. Clients need to assess the information, and this lowers the time required to finalize the application considerably.
OCEARCH and SeaWorld have agreed to work together in another expedition whose primary goal will be to study sharks. This is not the first expedition that these two research organizations have agreed to work on. On the contrary, the agreement is part of an ongoing collaboration between the two.
Dr. Montano, who is SeaWorld’s lead veterinarian, escorted a contingent of OCEARCH researchers along the coasts of North and South Carolina to study sharks. As a veterinarian, Dr. Montano’s main specialty has been reproduction. However, the collaboration will allow both organizations to explore the overall aspect of a shark’s wellbeing while paying close attention to its reproduction. Through this expedition, the researchers will be able to estimate the expected population and compare it with the current population to determine the probability of growth. Additionally, through this research, it will be much easier for the two research groups to make detailed conclusions on the health of the sharks.
The partnership will be a great deal because more research opportunities will be established. For instance, through her own research and input, Dr. Montano has been able to collect a wide range of samples from species based at SeaWorld. Therefore, through the partnership with OCEARCH, Dr. Montano will be able to use her skills broadly. Additionally, OCEARCH will rely on the information provided by Dr. Montano to come up with detailed research data that will enable both research entities to gather detailed information on the sharks. For instance, during the expedition, Dr. Montano was able to collect more than 20 samples from different sharks.
With illegal poaching and environmental degradation being some of the main challenges affecting marine life, the partnership between OCEARCH and SeaWorld undoubtedly provides an excellent opportunity to safeguard the sharks. This will be achieved through protecting their nurseries, breeding sites, and feeding grounds. Read more: https://discoverycove.com/orlando/
“At Eterneva we celebrate impressive individuals and beloved pets by transforming their ashes into gorgeous diamonds,” says the website of Eterneva. In keeping with tradition, Eterneva makes use of a three-tiered cremation process that involves the use of two levels of heat. The first level of heating surrounds the recipient in super-hot ashes, while the second heat disperses the ash throughout the memorial container. When it comes time to cut the diamonds from these remains, They use diamond cutting equipment which has been patented in the United States.
“Eterneva’s unique diamond technology offers the best solution to the problem of disposing of human remains following a death,” says Dr. Arnold J. Zilberman, Director of the Science and Engineering Department at the University of Miami School of Medicine. “Zilberman notes that this unique lab-grown diamond processing technology may have important implications for the use of human remains in forensic applications and that the technology could someday replace many of the customary methods of cutting diamonds.” What are some other advantages of Eterneva’s service of using memorial diamonds created from cremated remains? According to Dr. Zilberman, “Eterneva’s three-tiered system is both safe and highly effective. During the second stage, the hot ash is gradually cooled by low-energy jets, and diamond crystals are quickly formed. This final step avoids the possibility of fire-related accidents that can be so harmful.”
Another study conducted by researchers at the University of Miami School of Medicine and published in the peer-reviewed Journal of Human Nutrition found that their system had remarkably positive results when it came to successfully process a sample of cremated remains from a patient who had pancreatic cancer. The research team reported that the procedure produced “a high density, tightly rolled diamond that was nearly as smooth as a diamond molecule and about 50 percent finer than a diamond of the same size”. “The formation of this diamond was a remarkable achievement,” said Zilberman, “and further studies are still being completed to determine how this process influences pancreatic cancer.” In conclusion, Dr. Zilberman states, “This procedure seems to hold great promise for the use of human remains in forensic applications and could very well replace the current method of working with cold diamond powder or other forms of capaciousness.” Learn more: https://eterneva.com/science
Bhanu Choudhrie said they are competing on price and quantity. They are going after the professionals, working with the airlines and building out a global pilot network. For them, it’s about focus, making the team is creating unprecedented opportunities to re-imagine a future in which they do not have to rely on their physical presence to work and interact with others. The key to the transformation is doing something they all love to dolearning and doing it faster and better.
Bhanu Choudhrie is at the center of that change. By applying technology to aviation training, he hopes to tap into the knowledge and capabilities of young people in rural India and build the next generation of aviation talent. He emphasizes that the aviation industry’s goals are to create a more equal workforce and to become a more democratic business. AAG is not just responding to women’s economic challenges, he says, but to the challenges posed by a more networked, global economy.
The FAA requires all commercial airline pilots to obtain training that involves at least one flight simulator. Since training is a proprietary practice, new technologies must be able to replicate a full flight in a realistic manner. It also requires pilots to use real-time flight data from other aircraft and other airports. While this is currently possible in most training centers, the training often takes place in a monotonous, traditional setting. AAG has modified its training modules to be driven by interactive touch screens that allow the students to adjust and control the flight path.
Companies are implementing “sim-drive,” an alternative approach to traditional simulation training. Bhanu Choudhrie describes the approach as “sim-drive,” an alternative approach to traditional simulation. “In my opinion, innovation is all about adapting to changing market conditions,” says Choudhrie. “Training is no different. I believe that the training industry is rapidly evolving from a mostly black-and-white solution to imparting safety and knowledge to teaching new competencies in a variety of skills from aerodynamics to how to negotiate an airport. In the end, our pilots, and everyone in the aviation industry, will be the real winners.” Bhanu Choudhrie believes that training is an industry worth investing in, given the positive impact that pilot training has on the economy.
Kevin Seawright has been been providing families throughout the Baltimore area with the dream of owning their own home for years. As real estate manager and investor with RPS Solutions, he has made it his goal to create more affordable properties for lower income and first time home buyers.
After working for the Newark Community Economic Development Corporation in New Jersey, Kevin founded RPS Solutions in 2015. The mission of the company was based on his early life growing up in Philadelphia and seeing his family and peers struggle paying rent to landlords. Through first hand experience, he saw the opportunity that home ownership gave to those looking to make it in the middle class.
Recently, Kevin and RPS have acquired, renovated, and sold multiple properties in the Baltimore area at attainable prices. One of which was a colonial style townhome in the suburb of Hillendale, which was sold to a first time home buyer and single mother. Mr. Seawright said that this sale is one of the finest for RPS to date because it gave someone the opportunity to own property in Baltimore rather than pay rent to a landlord.
RPS purchased the Hillendale home, originally built in the 1950s, and completely overhauled it inside and out. Features such as recessed lighting and an open concept floor plan were added to bring a modern touch to the older home. The property was sold at a reasonable price and will provide stability and positive economic change for the new owner and surrounding neighborhood.
Peter Briger is one of the co-founders of Fortress Investment Group and is a leading businessman working in the United States. As the company’s co-chairman, Peter Briger is directly responsible for major direction changes in the company and has brought new growth and collaborations to the company over the years. Peter became the company’s co-chairman back in 2009 but is also a holder of various other titles for the company as well. Today, his major position at the company has him responsible for managing real estate and credit aspects for the company and its clients. Before taking on his reputable position at Fortress Investment, Peter Briger was building his skills and credibility at Goldman Sachs, where he spent more than a decade climbing the corporate ladder. After becoming company partner back in 1996, Peter started looking for new opportunities where the accomplishments were his and directly influenced his success and more
Peter Briger is a dedicated philanthropist as well, actively giving support to various worthwhile causes, including servicing a network of various schools around the country. Peter’s extensive experience and foundational skills were built from his time at Pennsylvania University, where he earned his masters in business administration. He also earned his bachelor’s degree from Princeton University. Fortress Investment Group was founded back in 1998 by Peter and his two partners and is one of the leading investments firms in the United States today. Peter is one of the leading men responsible for Fortress Investment’s growth over the past decade, bringing in major revenue to the company even within the credit department. Peter Briger has long been coordinating strategic moves for the company that is going to increase the company’s projected growth and the ownership of Softbank is going to push things forward at an accelerated rate by allowing for more than two billion dollars to be raised for use in direct lending at the company.
Recently, the world has been hit by a pandemic that has changed many things. This began with the closure of all public gatherings and businesses to combat the adverse impacts of the epidemic. Since the world was entirely closed down, the economy was in a terrible position since all the business operations were shut down. Every business was forced to operate virtually to maintain social distance and the movement of people from one place to another.
The Fortress Investment Group was also shut down, although all the employees continued their operations from home. This made the company continue being in business regardless of the prevailing virus. All the customers who called for the company services were all served through different online channels. As this method of operation continued, many businesses continued to suffer while most business owners lost hope of getting up again.
This became an excellent opportunity for the Fortress Investment Group which was up and running virtually. The company management in New York was on the lookout to detect potential areas and businesses to acquire. As a matter of fact, most businesses were struggling despite the number of customers who showed up. The financial firm channeled significant sums of money to various investment projects and businesses in the United States.
Some investments in New York include the longest chain of restaurants in the United States, which had incurred severe losses due to the pandemic. Go Here for related Information.
The company was unable to pay its employees and even work in relation to the leasing terms as agreed. This made it hard to continue operating in an environment that everything appeared difficult. The Fortress Investment Group was given the authority to manage and develop the company in business.
The Fortress Investment Group also acquired the Majestic Wines of the United Kingdom, which was also undergoing financial constraints due to the pandemic. The firm produced a new manager for the company who was given all the management responsibilities over the company.
Many CEOs of companies both large and small take somewhat of a hands-off approach. These types of CEOs are there to collect a paycheck and order people around, it would seem. This is not the case with Chad Price, CEO of Mako Medical. Since becoming CEO, Price has continued to remain involved in both the decisions of the company as well as the day-to-day operations. Price is the founder of the company as well, which he started in 2014, so he is familiar with all aspects of the company that he oversees.
According to superbcrew.com, this active approach by Price is part of why Mako Medical Laboratories continues to excel and thrive, even while some other companies seem to be floundering in the current environment. This not only blesses the lives of many patients but also provides excellent employment opportunities for many individuals.
In addition to being the CEO for Mako Medical Laboratories, he also founded a company known as MakoRX and helped found BrideGenie with a partner. His accomplishments have benefitted millions of patients, and in 2020, Mako Medical evaluated more than five million COVID-19 tests. With such a CEO as Chad Price, his companies will continue to thrive and bless the lives of many throughout the country.
The private equity investment world significantly changed along with many other things that changed in 2020. There are historically low interest rates in private equity and this is the time to make investments. Volumes of private equity increased 21.9% within the first five months of 2021 compared to the prior year.
Because of the changes in the high risk-adjustment asset returns that have been helping to spread higher returns and equity, and the increase in AUM (Assets Under Management) there has been an increase in the ability to provide permanent capital. This is done through generating additional fee income for insurance company balance sheets. It is also expected to impact the tax laws that deal with private equity activity into an increase of capital gains taxes. Private equity is at its peak for portfolio companies because of the broad growth in assets and value creation. All this should lower debt financing costs and make tax law uncertain.
Gary McGaghey is a globally driven experienced Chief Financial Officer at Williams Lea Tag Production Services Group. He has experience in different industries such as FMCG, Pharma, IT, and Media industries. His record for increasing the value for shareholders with his strong leadership, competency, and expertise he has developed from constructing and leading market growth in private companies and global transformation programs. Gary McGaghey speaks both English and Afrikaans expanding his ability to perform globally.
At one time it was only the financially stable and the elderly that invested in private equity. Certain individuals and investors did it. Today investing is now common among all age groups and it grew dramatically during the changes from 2020 to 2021. Investors see that private equity is the now and CFO Gary McGaghey at Williams Lea Tag is how to do it.
Kip Lewis, an American born professional is famous because of his contributions into the country’s real estate. Unlike his colleagues in real estate, Kip Lewis enjoys moving with change, even when it does not favor him. Adapting fast and learning from his past mistakes is what makes the Austin personality to thrive. Throughout the corona pandemic, the Round Rock business executive has been busy adapting to the change brought by the tough season. Today, his business is better because of these few secrets;
For decades, investors and everyone interested in business has been encouraged to get into the market and embrace flexibility as the first key to success. This topic might be very popular in the market, but people have not been very flexible in the past. With the ongoing healthcare crisis, it has been proven that flexibility is a perfect way of dealing with issues and surviving the tough season. Many people with innovations and other important creative ideas are doing well because they had room for flexibility. Holding on to old and outdates process just because you are not ready for change means that people will have to stop their lives to wait for the pandemic to end. The pandemic might not be ending in months.
One of the major results brought by the pandemic is the over reliance to modern shopping. Everyone is using the internet to communicate, shop and perform their duties at work. Business owners using digital marketing for the past year can smile because they have seen more growth in their establishments. Consumers are comfortable searching for products online and purchasing them. Getting out of the house to visit the stores is getting risky and outdated for thousands of people in the world. With this kind of trends, the society will become a better digitalized space for everyone.