Bob MacDonald on Business

Sage Advice on Insurance and Financial Services from the Perennial Maverick

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Entries from January 25th, 2010

Ernst & Young Dumbs-Down to Life Insurance Industry

January 25th, 2010 · 1 Comment · Blog, Business Ethics, Business Management, Financial Services, Insurance Marketing

Earlier this month Ernst & Young, the international accounting and consulting firm, issued a report titled, “US Life Insurance Industry Outlook.” Reading the report causes one to wonder: Are the people of E&Y really that simple-minded (and would go prove my long-held beliefs about consultants) or were they making an effort to get down to [...]

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A Plague on the House of the Health Insurance Industry

January 18th, 2010 · No Comments · Business Ethics, Financial Services, Insurance Marketing

The national debate over the future of health care in this country has – to say the least – been contentious. Emotions on both sides have run high. From “tea parties” to television commercials, those for and against the “reform” of health care have battled as if the right to a healthy life were at [...]

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Allianz SE “Timidity” Triggers Blunder in Failure to Acquire Hartford

January 11th, 2010 · No Comments · Business Ethics, Business Management, Financial Services, Insurance Marketing

Timidity in the presence of opportunity is the business equivalent of cowardice in the face of danger. Nothing good results. The timid see opportunity pass by and cowards lose a life worth living. Opportunity is often brightest in the darkness of uncertainty, volatility and change. Likewise, uncertainty, volatility and change also shine a light that [...]

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