Today’s announcement by MphasiS an HP company, to acquire Wyde (with its Wynsure policy admin offering) highlights the continuing emergence in the insurance industry of globalization and the mutual dependence of software and delivery capability. While Wyde’s presence is strongest in the US and France; it also has been building its footprint in Bermuda, the Caribbean, Asia and North Africa.
Celent sees increasing demand for alternative hosting and delivery options (traditional BPO, SaaS, Cloud in all its variations)—not only in smaller and emerging markets, but in certain segments of mature markets as well (e.g. greenfield startups and new initiatives in established companies. This
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With the January 2012 self assessment deadline looming, the Bytestart team has provided some useful tips to help business owners keep on the right side of HMRC at tax return time.
Don’t be late
There really is no excuse to submit your return late. The deadline for electronic submission of your tax return is 31st January. This is also the deadline to have paid your tax liabilities to HMRC. If you’re late, you’ll face a minimum £100 fine. New, harsher penalties apply from the 2010/11 tax year onwards.
Do you need to complete a personal tax return?
Just because you have not received a return does not mean that you do not need to fill one in. If you
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Mark Henricks
The Penn State child sexual abuse scandal is prompting nonprofit organizations across the country to question whether they’ve got adequate insurance to cope with such cases.
In the Penn State case, former assistant football coach Jerry Sandusky is accused of molesting 10 boys. The crimes allegedly happened during and after Sandusky’s tenure at Penn State and while he was involved in a children’s charity that he founded.
The limits of general liability insurance
When it comes to child sexual abuse, nonprofits often have far less legal protection than they think, says Gregory Williams, senior product manager at GuideOne Insurance, an Iowa-based issuer of child sexual abuse insurance policies covering 29,000 churches and religious institutions. Many
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While you may view this season as the perfect time of year for scoring deals, crooks see it as the perfect time of year for crime. Large crowds and rushed shoppers can make for easy targets. Distracted shoppers are at an increased risk for vehicle break-ins, carjacking and other auto-related crimes according to HEAT, Help Eliminate Auto Thefts.
Law enforcement agencies typically report a larger number of break-ins during the holiday season which can taint this typically cheerful season. “The holidays are a joyous time of year filled with family gatherings and gift giving,” said Terri Miller, director of H.E.A.T. in a news release. “Bu
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With the holiday season in full swing and seasonal soirees scheduled, insurance industry experts are warning anyone who is planning a private party about the risks involved in serving alcohol to guests, particularly in states such as New Hampshire.
All but two states—Florida and Nevada—have social host liability, or “dram shop” laws, under which licensees and employees of bars, restaurants and other establishments may be held civilly and sometimes criminally liable if an overserved guest winds up hurting someone in a drunken driving crash or other incident.
The laws vary widely between states, but they all offer an injured person some method of suing the person who served alcohol to whoever caused the injury, according to the Insurance Information Institute (III). And in
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LexisNexis Risk Solutions and Open GI have signed a long-term strategic agreement to implement real-time access to third party data by providing data to insurers at the time of quote and sale to improve underwriting and pricing decisions.
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