Moving Past the COVID Chaos: Tips for Your Insurance, Finances, and Business - July 1, 2020

July 01, 2020
Share |

News. Insights. Analysis. Inspiration.

Today's Key Question:

Did you know that every day, the insurance industry pays out in benefits an amount that is comparable to what Social Security pays?

See the article below from Insurance News Net.



"Has Coronavirus Killed the Appeal of Franchising or Made it Stronger?

While business might seem bleak right now, franchise development officials are always focused on the future."


* People can become paralyzed by fear during uncertain times and they can miss a great opportunity. As a result of the fear people currently have, there are a lot of opportunities today that weren’t there previously. Companies now have a larger pool of potential employees, while real estate is more available now than it was several months ago.  There are a lot of opportunities in this kind of economy. By taking advantage of this now, it can position people well once the economy strengthens. 



"Can AI Help Your Business Stay Ahead of Disruption?"

From American Express:

* Many enterprise-sized companies have outsourced critical analytics tasks to artificial intelligence, or AI, relying on it to sift through scores of structured and unstructured consumer and market data to surface key insights that enable better decision-making.

But as AI services have grown in scope, scale and affordability, small and mid-size businesses can apply it to a series of everyday tasks that can make operations less expensive and resource-intensive, and reveal new opportunities for growth hidden within data.



"7 ways to manage remote workers with emotional intelligence"

Physical distance also creates psychological distance, making it more difficult to connect on an emotional level.

From Fast Company:

* Global Workplace Analytics estimates that an organization can save $11,000 per employee per year on average from savings on office space, furniture, electricity, and parking.  One major issue, however, remains. Engaging staff, making them feel appreciated and part of the organization, has always been a struggle. Having their people working remotely will only accentuate this problem and require new, finely honed people skills. Here are seven ways to lead with emotional intelligence:



"On The Front Lines For Life Insurance"

From Insurance New sNet:

* They should know things like we pay out $2.1 billion a day to individuals across our range of products, from life insurance for retirement and annuity payments to short- and long-term disability and long-term care. That’s a remarkable number — compare that to what Social Security pays out every day, $2.7 billion.


Here's a short video from Steve on how you can purchase insurance in these changing times....Watch Here