Insurance Industry: SURE Autumn editiom highlights Insurance developments around the world

A new edition of Koster verzekeringen b.v. international internet publication SURE, with highlights from and around the global insurance world, is available on-line.    

 KOSTER verzekeringen b.v. is an independent Dutch insurance company in Alphen aan den Rijn, established in 1985 and presently employing some 40 highly specialized employees

What makes KOSTER Verzekeringen b.v. particularly interesting is their corporate philosophy. Chairman of the Board Wim Koster says about this philosophy: "we don't just sell insurance policies but instead we helps our customers during the buying process".

For a free subscription to SURE  - contact info@koster.nl

EU-Digest

Netherlands Insurance Industry Intermediary Agent Sector (NIIIAS) concerned about discriminatory approach Government towards the sector

In a recent press release Koster Insurances BV in Alphen a/d Rijn commented on Dutch Government requirements, whereby Intermediary Agent Insurance Companies by law have to adhere to the requirements of the Authority of Financial Markets ( AFM) and are also required to become a member of the Complaints Institute Financial Intermediaries ( KiFiD).

This means in the case of the KiFiD that the Insurance Intermediary Agent Company has to provide information to the KiFiD on the quality, reliability, and integrity of the company and its employees, in addition to complete corporate disclosure, including information on the relationship with insurance companies and commission details.

The question which arises with NIIIAS companies like Koster Insurances BV is: "are these same rules also applied by the Government to the established cartel of insurance companies, banks, their subsidiaries and employees?"

Make sure you check out SURE

is a compilation of press reports as well as market research conducted  in a cooperative effort  by KOSTER Verzekeringen b.v.,  - a Dunn and Bradstreet top level 1 rated  insurance company, and Europe House, Inc.,  - a non-profit corporation fostering a better global understanding of the European Union, its member states, and policies, through a variety of avenues. The focus of the material collected and published in Sure ! mainly pertains to the insurance industry as it relates to the overall global economic climate, social structure and political environment.

The most recent issue of Sure! (September 2010) deals with recent developments in the international insurance industry, including news on a proposal done by re-insurers concerning future BP-type blowouts and an overview of the most important European political highlights, in addition to a selection of global economic issues.

Make sure you check out SURE ! and get a free subscription.

EU-Digest

Obama To Explain His Vision On Remake Of US Health Care Tonight - European Interest To Focus On Similarities With EU Health Care

Barack Obama Speaking To US Congress On Health Care Reform

EU-Digest

Obama To Explain His Vision On Remake Of US Health Care Tonight - European Interest To Focus On Similarities With EU Health Care

Tonight, in a special joint session of Congress US President Barack Obama will explain what White House spokesman Robert Gibbs during a Press briefing yesterday called,"not a bill of his own, but what he considers reform to truly be."

In Europe the interest for the US Health Care Reform has mainly focused on two issues. One being, what model US Health Care Program the US will eventually implement. Is it going to be a totally new program, or will it be modeled on an existing European Health Care Program like the Dutch have? The other issue Europeans are looking at is how Obama will emerge from this very important political battle? For additional information on the issues at hand as to the US Health Care Reform, also see the report in the Koster Insurances BV Sure publication.

The Netherlands - Insurance industry: Koster Insurances sees light in the darkness

EU-Digest

The Netherlands: Insurance industry - Koster Insurances sees light in the darkness

Among all the reports of gloom and doom about today's depressed financial world a refreshing optimistic outlook by Koster Insurances (Koster Verzekeringen BV), as it reflects on its 2008 financial results. In their report "Trust in each other", which reads like a novel, and CEO Wim Koster calls "his Bible", Koster Insurances effectively applies a practical "win-win" approach to interpret the meaning of profit, innovation and human resources. That the "Koster approach" works is clear from their figures. In 2008 Koster Insurances increased their profit margin by 54.20 percent.

When asked about his vision of success Wim Koster notes, "No one in our organization ever thinks in terms of return on investment, or about maximizing profits. By providing useful products and services, applying innovative automated systems and combining these with efficient management processes, we are able to optimize the quality of services we offer to our clients. We also never forget that among all these ingredients our employees are key to our success, and that people do recognize quality and professionalism in good and bad times."

For more information about Koster Insurances click on this link