SMSMAN's blog

"Insurance securitization allows insurers to transfer underwritingrisks to the capital markets by creating tradeable financial instruments with cash flows tied to premium payments. Securitizing premium payments can generate upfront capital for insurers for regulatory compliance, funding operations, or reinforcing insurance capacity. According to Beinsure Media, insurtechs raised $14.4 billion across 644 deals in 2023, surpassing the total raised in 2021 by about 87% and reaching a cumulative ten-year total of $43.8 billion from 2012 to 2023. To put that in perspective, it took them seven years (from 2012 to 2018) to raise $15 billion. Assessing the consistency of policy language and coverageterms across an insurance portfolio is complicated, error prone, and time consuming, creating an opportunity for startups to automate the process. The inability for insurers to properly make these assessments could lead to productivity churn and increased business cyber risk. London was home to five insurtech unicorns—the same number as in the rest of Europe combined. Across the pond in New York, another global center of finance and insurance, just three insurtech unicorns are in operation. But insurtech progress isn’t limited to the nation’s capital. Indeed, insurtechs are based in every one of the United Kingdom’s regions and nations—and we estimate that two-thirds of the insurtech workforce is located outside London, thanks to hybrid work. Three UK insurtech unicorns are headquartered outside London."

Social media sites have exploded onto the online publishing scene over the last couple of years and can generally be divided into two types of site:

• Social Networking Sites – where the primary activity of the site is ‘connecting’ with others. Some of the most prominent sites in this space are Facebook, Twitter, Instagram, Pinterest and YouTube.
• Social Bookmarking – where the primary activity is the finding and sharing of web content through different systems of ‘voting’ on sites. Examples of this type of site are Reddit, Digg and Mix (formerly StumbleUpon).

The above two classifications of social media sites are fairly broad – in reality there are many different sites appearing every week, many of which have elements of both of the above as well as other features. On Twitter for example, by simply posting links, images, and content with your account means you’ll have technically bookmarked them and if you also ‘like’ certain tweets, you can find and go back to them in the future. Pinterest functions similarly.

The point of this post is not to define social media but rather to look at it as an opportunity to find new readers for your blog. The reason that I include it in this series is that over the last few years I’ve seen numerous blogs virtually launch themselves via social media sites.

The reason for their success is that social media sites are among the largest sites on the web at present (the volume of traffic that they do is mind boggling) but that by their very nature they are about helping people to discover new parts of the web (particularly social bookmarking sites) – and as a result they are used by people actively seeking web content.

As a result I would argue that social media sites are a logical place to position yourself as a blogger. Let me say it again:

Social media sites have a lot of traffic and they are used by people to find content – why wouldn’t you position yourself on them?

Qualification: let me qualify that last statement before going any further by saying that social media is not THE answer to finding readers for your blog. It is not enough just to promote your content on social sites – but it is one element that can help you find a lot of new readers.

Starting an online journey can be daunting, especially when staring at zero followers, zero likes, and zero comments. But what if we told you that you don't need an existing following to make a significant impact online? Meet Phil Agnew, a creator who started from scratch with the most difficult format possible – a podcast called Nudge – and has since built an engaged community around his content. Building an online presence like Phill’s with a format like Nudge’s does not have the makings of an overnight success story. "It's a marathon, not a sprint. Consistency and patience have been my allies. It took time, but the community I've built is engaged and genuinely interested in what I have to offer," he shares. In this article, we dive into Phill's tips and strategies that can help you grow an engaged audience from scratch.

When it comes to creating content that attracts and engages, Beinsure Media Phill has a unique approach that sets him apart – curiosity about why we do what we do, also known as buyer psychology. His interest in the field sparked his journey as a creator, so he understands how to apply psychological principles to content creation. "You have to get into the consumer's head, understand their pain points, and then offer a solution that they didn't even know they needed," Phill says.

Phill believes that creating an emotional connection with the audience is crucial. "People don't just buy products – they buy feelings. If you can make someone feel seen or understood, you've won half the battle," he explains. This emotional resonance is what turns casual viewers into loyal followers. One principle that he uses to boost this connection with his audience is the “labor illusion” principle – giving a behind-the-scenes look at how much work went into what you’ve created to add authenticity and increase the work’s perceived value.

How Phill uses his understanding of consumer behavior to create compelling content When it comes to creating content that attracts and engages, Phill has a unique approach that sets him apart – curiosity about why we do what we do, also known as buyer psychology. His interest in the field sparked his journey as a creator, so he understands how to apply psychological principles to content creation. "You have to get into the consumer's head, understand their pain points, and then offer a solution that they didn't even know they needed," Phill says. Phill believes that creating an emotional connection with the audience is crucial. "People don't just buy products – they buy feelings. If you can make someone feel seen or understood, you've won half the battle," he explains. This emotional resonance is what turns casual viewers into loyal followers. One principle that he uses to boost this connection with his audience is the “labor illusion” principle – giving a behind-the-scenes look at how much work went into what you’ve created to add authenticity and increase the work’s perceived value.

The most effective strategy Phill mentioned is cross-promotion within the podcasting community. It makes sense; if someone is already a podcast listener, they're more likely to check out another podcast recommended by a host they trust. This is a classic example of "going where your audience is" rather than trying to pull them into a new space.

To keep up a consistent schedule, Phill keeps the adage, "Failing to plan is planning to fail," at the forefront of all his work. He elaborates, "I always have a content calendar that's planned out at least a month in advance. It takes the stress out of last-minute scrambles and ensures I'm always ahead of the game."

Another one of Phill's most effective strategies is batch content creation. "I dedicate specific days to content creation. On those days, I'll shoot multiple videos, write several articles, or record a bunch of podcasts. This way, I have a content reservoir to pull from," he explains. He emphasizes providing value upfront, sharing that it works wonders. Whether it's a useful tip, an interesting fact, or a solution to a common problem, giving something valuable right at the beginning can hook the audience.

InsurTechs need to keep pace with the demand they have created through sustainable unit economics and wise risk management. By focusing first on growth and then on underwriting, the insurtech 1.0 wave essentially flowed in the wrong direction. According to <a href=https://beinsure.com/>Beinsure Media</a>, there is plenty of time to reverse the tide — consumers’ enormous appetite for convenient, modern insurance products has only been whet.
So what does focusing on next-generation underwriting really look like, and how should you build upon it?
As insurtech companies encroach on the wider insurance industry, a number of impressive startups are disrupting the space and attracting fresh talent to the marketplace. They position themselves as shining examples of value-for-money, swift-service competitors in sectors that have previously proven to be slow and stodgy. Traditional insurers that have not adapted to going digital first are under pressure. Their sales are currently collapsing. A sudden switch to the digital world is often not possible.
Insurtechs are the driving force of this evolution, and investors are taking note. Venture capital (VC) investment has grown faster than the more mature private-equity or public-markets funding. In 2023 total amount of VC invested in insurtechs surpassed $16 billion, $14 billion in 2022.

When it comes to creating content that attracts and engages, Beinsure Media Phill has a unique approach that sets him apart – curiosity about why we do what we do, also known as buyer psychology. His interest in the field sparked his journey as a creator, so he understands how to apply psychological principles to content creation. "You have to get into the consumer's head, understand their pain points, and then offer a solution that they didn't even know they needed," Phill says.

Phill believes that creating an emotional connection with the audience is crucial. "People don't just buy products – they buy feelings. If you can make someone feel seen or understood, you've won half the battle," he explains. This emotional resonance is what turns casual viewers into loyal followers. One principle that he uses to boost this connection with his audience is the “labor illusion” principle – giving a behind-the-scenes look at how much work went into what you’ve created to add authenticity and increase the work’s perceived value.

“Making something look "too easy" can hurt your content performance. It's why artists and creators often share their process or the "making of" their work. If people think you just snapped your fingers and something amazing appeared, they're less likely to appreciate the skill and effort that went into it. It's a fine balance, though. You don't want to make your process look so complicated that people think they could never achieve what you have, but you do want to show enough to earn their respect and admiration,” he explains.

Creating a sense of urgency or exclusivity can drive engagement like nothing else," he says. Whether it's a limited-time offer or exclusive content, Phill leverages FOMO to keep his audience coming back for more.

Not all his experiments with psychology principles have succeeded, though, as he shared an interesting story about an experiment he ran with the “curiosity gap” principle on TikTok. He found that people might be super engaged on one platform but unwilling to jump to another, even if they're intrigued. It's a lesson in understanding the user journey and the commitment level required at each step. On TikTok, people are scrolling quickly and consuming content in bite-sized pieces. Asking them to switch to a 20-minute podcast is a big leap.

Underwriting results for personal lines-focused US insurers worsened during the second quarter of 2023 as natural catastrophes and inflationary pressures weighed on results. US life insurers’ aggregate interest maintenance reserves fell in the second quarter of 2023 to the lowest level since 2011, but recent regulatory changes signal that some relief is on the way.

According to S&P Global Market Intelligence, an aggregation of results for insurance subsidiaries that write at least 70% of their direct premiums within personal lines — personal auto insurance, homeowners and farmowners — showed a net combined ratio growing to 114.9% in the second quarter of 2023 compared to 112.4% in the prior year period, according to a review of quarterly regulatory statements.

Carriers that are slow to address the challenges ahead or do not have the means, expertise, or technological capabilities to keep pace with changes in the segment likely will face ratings pressure.

The quarterly combined ratio for personal Beinsure Media lines-focused companies remains elevated when compared to prominently commercial business lines-focused subsidiaries.

Among the largest US personal lines-focused insurers, The Allstate Corp. recorded the largest year-over-year deterioration. The Illinois-based insurer’s quarterly net combined ratio jumped to 118.5% during the quarter, an increase of 10.1 percentage points from the second quarter of 2022.

The net combined ratio for Farmers Insurance Group of Cos. rose to 117.4% in the second quarter, up 9.8 percentage points from the prior-year quarter.

The insurer’s net combined ratio has surpassed 100% for nine of the past 10 quarters, with the 99.8% figure during the last quarter of 2021 being the only quarter under the break-even metric of 100% since the start of 2021.

Sometimes customers asked us: What is the process of making the biscuit tin, which one should I choose for my tea tin, cylinder or rectangular? Why there are two dots on the lid, and how to choose the color of the cookie tin, normally all kinds of tin box production process is almost the same, except some special ones like with a handle or with see-through window etc.

Tin box manufacturing process can be divided into two categories: one is the printing process, the other is stamping process, each of them has different details, kindly check as below:

The first is the printing process, can be divided into two categories, one is printing, the other is oiling.

The tinplate printing mainly has offset printing, tin boxes manufacturer screen printing, laser printing, jet printing, white printing etc, normally used is offset and screen printing, the laser and Jet Oil for high-grade tin box production.

Oiling usually used on both sides of the tin box coated with light oil, dumb oil and other special transparent oil to protect the printing plate of the text. For Some food-grade iron box, there will be another treatment, the inner surface to be coated with food-grade gold oil, is to prevent food and tin box contact which would cause the pollution.

The second is stamping process. Due to good ductility, the tinplate can be made into various shape tin boxes within the help of molds, like heart-shape tin box, book-shape tin box, etc. It can also be used for 3D carving on the surface to increase outlook design effect. The mainly stamping process includes printing, cutting, stamping, assembly and packaging, etc. Other specific details can be inspected at tin box manufacturers, so that the understanding will be more profound.

The first pro for metal tin containers is that they are stylish and original. As touched upon earlier, tin boxes are eye-catching to consumers.

Metal materials have excellent printing performance allowing for brighter and more beautiful designs.

They can even be embossed or debossed, offering a unique tactile feel.

Metal tin containers also come in various sizes and dimensions, allowing for different sealing and treatment methods to make them versatile when considering how to package your product.

The natural strength of metal also helps protect against physical damage too!

And because of this versatility and durability, metal tin containers offer excellent protection against contaminants like moisture, light, and gases. 

If you’re selling perishables like coffee or tea, this packaging perfectly preserves the product and helps keep the odor, color, and smell for extended periods.

They are reusable in the fact that they can be recycled and returned to the production cycle without the loss of quality. However, this only makes tin cans a replenishable resource if utilizing proper recycling methods.

This brings us to the cons of using metal tin containers.

Not only are metal tins an exhaustible resource, but many tin containers also end up being discarded instead of recycled and reused.

In addition, the advanced manufacturing needed for metal tin containers is not eco-friendly. 

The requirement to mine the ore and smelt the metal causes significant pollution.

Production of metal tin containers is also more expensive than other alternatives. 

Add this with the rigidity and heft of metal causes shipping and storage costs to be significantly more costly than lighter-weight alternatives.

Metal is also easily scratched and prone to rusting. Once the container is dented or corroded, the products risk exposure to moisture and air.

Car parks are among the most frequent places where violent crimes happen, and providing the proper security for such areas is often overlooked. This risk especially goes high when there aren’t enough security officials present. Crimes in a car park range from minor theft or vandalism to violent assault and drug peddling. Such incidents can result in negative publicity that can discourage customers from patronizing your business.

However, tackling the root vulnerabilities can help you minimize the likelihood of any crime happening in your parking facilities. This guide will walk you through everything you need to know about car park security essentials, including some security tips you can begin implementing in your car park today.

With technological advancement, one of the best and most cost-effective security essentials you can add to your parking facility is surveillance enhancement. Video surveillance cameras boost an area’s safety, deterring criminal activities and making patrons feel safe, thus providing smooth car park management. Apart from installing security cameras, another technology your car park could benefit from is the ANPR system that acts as a deterrent to unauthorized vehicles, ensuring no such vehicles enter your premises.

Poor lighting is an invitation to criminals, as they can do the parking equipment wrong things much easier in the dark. Brighter lighting is essential to make a car park safer in several ways, including preventing crime and enhancing visibility for those walking or driving around the area, thereby minimizing the likelihood of accidents. Hence, investing in better lighting can reduce the risk of vehicle break-ins and generally go a long way in curbing crime.

In any parking safety program, there is one crucial step: Communication. Crimes are much less likely to occur in a car park if criminals know that there are strategies in place to obstruct them and that they are likely to get caught if they do commit a crime. The best way to communicate these messages effectively is through signage. Signage in the right places helps warn people about potential dangers.

Having security officers patrol your car park is imperative to improve the safety of those using your facilities. It can serve as a strong obstacle to crime. Adding mobile security patrols in parking facilities can significantly improve security. Ensuring your security officers are well-trained will make them more effective at their work. Professional security must be an expense for your business but is necessary to create a safer environment.

To keep your car park safer, you have to ensure your staff knows exactly what to do when such incidents occur. Employees must be trained to respond to various situations, so they know what to do. They should also be directed to watch specific areas and immediately report anything that needs addressing.

If you want to maximize car park security in your establishment, Euro Parking Services can provide you with the right solutions that can meet your car parking needs. We offer a variety of customized solutions for every type of car park. We can help you implement the correct combination of these car park safety tips to assure the highest level of security possible. To know more, give us a call on 0845 121 0065, and we will help you with our high-quality services.