Tips for Starting a Business in 2024
by admin | April 10, 2024 | Business | 0 Comments
Starting a business can be an extremely exciting and rewarding experience, but knowing how to get started can be tricky. Breaking down the process into individual steps can be helpful, and this is a method that’s been used by many successful entrepreneurs to get their...
The Importance of Investing in Customer Relationships
by admin | April 9, 2024 | Business | 0 Comments
Today’s marketplace is a volatile one, and it can be a significant challenge for businesses to maintain their customer retention levels – not to mention increasing the number of new customers coming their way. Redefining and enriching relationships with clients is...
The Best Advice for Entrepreneurial Success
by admin | February 21, 2024 | Business | 0 Comments
As the CEO of Global Speciality Underwriters LLC, Dubai, Rob Tolley (former London broker) leads an organisation that underwrites specialist lines of reinsurance. This article will look at entrepreneurship, providing tips and pointers for those just starting out on...
How Can Businesses Give Back to Their Customers & Why Is It Important?
by admin | February 20, 2024 | Business | 0 Comments
Rob Tolley is the CEO of Global Speciality Underwriters LLC, Dubai, a company that specialises in underwriting specialist lines of facultative reinsurance business on behalf of rated reinsurers. This article will share strategies to give back to customers, exploring...
How to Exceed Clients’ Expectations
by admin | February 9, 2024 | Business | 0 Comments
To be as successful as possible, a business needs to not only meet its clients’ expectations but exceed them. With more than 62% of companies regarding customer experience as a significant competitive differentiator according to Deloitte, the drive to exceed customer...
How to Become a Better Problem Solver
by admin | February 8, 2024 | Business | 0 Comments
Problem solving is a key skill that’s universally required: entrepreneurs and business employees alike will benefit from the ability to find the cause of complex problems and solve them. While problem solving may be a difficult skill to master, there are many things...
The Importance of Building a Business Strategy
by admin | February 7, 2024 | Business | 0 Comments
A business strategy is a tool that can be used to help businesses achieve their goals. It provides a set of guiding principles by which organisational decisions can be made, such as developing new products or hiring new employees. Define Aspirations and Values The...
The Importance of Financial Analysis for Business Growth
by admin | February 6, 2024 | Business | 0 Comments
Financial analysis is the process of evaluating business budgets, projects and other finance-related transactions to assess their suitability and performance. It can be deployed to analyse a business’s solvency, stability, profitability or liquidity, giving it the...
What Is Risk Transfer and What Are Its Benefits?
by admin | January 17, 2024 | Business | 0 Comments
A risk management technique via which risk is transferred to a third party is known as risk transfer. In effect, one party assumes the liabilities of another. A common example of risk transfer is the purchasing of insurance – this involves the transfer of risk from an...
Is a Surety Bond a Better Option Than a Bank Guarantee?
by admin | January 15, 2024 | Insurance, Surety Bonds | 0 Comments
A surety bond is a financial instrument designed to protect the parties involved in a contract. It indemnifies these parties against the risk of a broken or failed contract. A surety bond is a legally binding contract between three parties: the principal, the surety...
How to Build Better Client Relationships
by admin | October 13, 2023 | Business | 0 Comments
Building strong relationships with business clients is a vital way to earn their trust and boost rates of reengagement. Communication is key to this, as is maintaining a policy of openness and transparency. As well as generating repeat business, building strong...
How to Create an Effective Financial Strategy as a CEO
by admin | October 12, 2023 | Business | 0 Comments
Developing a financial strategy is vital as a CEO. Doing so allows projections to be made for the coming months, including forecasting income and expenses, and can act as a crucial early warning system. Cash flow dips can be planned for, with the best times to start...
What Are MGAs and Why Are They Important?
by admin | October 11, 2023 | Insurance | 0 Comments
MGAs (managing general agents) fill important roles within the insurance supply chain. If investors understand what MGAs are and how they function, they will be better able to spot potential opportunities. MGAs are insurance agencies that offer underwriting services...
Surety Bonds and Their Role in the Middle East Construction Industry
by admin | October 10, 2023 | Surety Bonds | 0 Comments
Due to the significant level of risk inherent in the construction industry, many project owners ensure that they only work with contractors and subcontractors who are both licenced and bonded. This is an effective way to transfer risk and protect project owners from...