C R Toogood & Co Ltd’s Post

Reflecting on the Recent Fire at Mbare Musika: A Call for Vendor Insurance Recently, Mbare Musika, a vibrant market hub in Harare, faced a devastating fire that left many vendors in despair. This incident not only destroyed property but also disrupted the livelihoods of hardworking individuals who rely on their small market stalls to support their families. The reality is that many of these vendors operate without any form of insurance, leaving them vulnerable to unforeseen disasters. The loss of stock, equipment, and personal belongings can be catastrophic, pushing them into financial distress and uncertainty. Why Vendor Insurance Matters Introducing "vendor insurance" specifically designed for small market stalls could be a game-changer. Here’s how it can make a difference: a). Financial Protection: Insurance can provide crucial support in the aftermath of a disaster, helping vendors recover and rebuild. b). Peace of Mind: Knowing they have coverage allows vendors to focus on their business without the constant fear of potential losses. c). Encouragement of Investment: With insurance in place, vendors may feel more secure about investing in their businesses, whether it’s upgrading their stalls or expanding their product offerings. d). Community Stability: Supporting local vendors contributes to the overall economic health of our communities. Considerations for Action To make vendor insurance a reality, we need to: a). Collaborate: Insurance companies should partner with local governments and NGOs to create tailored products that meet the unique needs of market vendors. b). Educate: It’s essential to provide education and outreach to help vendors understand the value of insurance and how it works. c). Pilot Programs: Launching pilot initiatives in key markets can help assess the demand and effectiveness of these insurance products. d). Gather Feedback: Engaging vendors in the process will ensure that the offerings truly address their needs. Let’s turn this tragedy into an opportunity for growth and resilience. By advocating for vendor insurance, we can help protect our local entrepreneurs and ensure that they thrive despite the challenges they face. Together, we can build a safer and more supportive environment for our vibrant market community. What do you think? 😅

Check out S2E20 of the FOXcast CEO Series, Offering the Family World-Class Coverage via an Insurance Captive! FOX CEO Peter Moustakerski sat down with Ryan Harding, President of Garden Trust Company and the Managing Director of the IFO Group, and Jennifer Allen, Director of Insurance & Risk Solutions for the IFO Group. Most family enterprises are complex systems of people and entities that have unique, and often esoteric, risk management and insurance needs. Ryan and Jennifer shed light on the unique needs of enterprise families and their family offices and offer their views on how well the insurance industry is currently able to cater to these needs.   For the unique needs of their family, the IFO Group concluded that establishing a captive insurance company is the right solution that best serves the family and its enterprise and provides the best protection and benefits to the family members and other constituents within the enterprise. As a result, they created Tenda, their insurance captive, that provides a range of insurance products, including best-in-class, accessible, and affordable health insurance to family members and family office employees. Do not miss this highly relevant and in-depth conversation with two of the most sophisticated risk management thought leaders and practitioners in the family enterprise and family office space. https://lnkd.in/gv-bbd3R

Tackling Protection: How Super Bowl Strategies Mirror Smart Insurance Choices As we gear up for the excitement of this Sunday's Super Bowl, I can't help but draw parallels between the strategies used on the football field and the smart decisions we make in choosing the right insurance coverage. Just like in football, where a strong defense is key to protecting the end zone, in life, having the right insurance policies in place is crucial to safeguarding your most valuable assets. Whether it's your home, your car, or your health, insurance acts as a defensive line against the unexpected tackles life throws your way. Think about the quarterback - the leader on the field. In insurance, you want an agent who can take charge, understand your unique needs, and help you navigate through the complex field of policy options. As a Licensed Insurance Agent and Producer, I strive to be just that for my clients - a reliable quarterback ensuring you make the right calls for your coverage. The game of football is unpredictable, and so is life. That's why we prepare for every possible scenario. From liability coverage, which is like having a strong linebacker to protect you against claims from others, to comprehensive coverage that acts like a safety, guarding against various damages, your insurance portfolio needs to be as diverse and strategic as a Super Bowl team's playbook. So, as you enjoy the Super Bowl this Sunday, take a moment to think about your own game plan for protection. Are you covered from every angle? Do you have a strong defense in place? If you're unsure, let's huddle up and discuss how we can create a winning strategy for your insurance needs. Enjoy the game, and remember, just like in football, the best offense is a good defense - and that's precisely what the right insurance coverage provides. See more at https://lnkd.in/grSGXpbH

Does this resonate? We fight confusing, overpriced and absent insurance. It’s Wrong! My team is an insurance broker. We help owners build their insurance to take back control and leverage this critical tool as an asset to grow profits. When it comes to talking about their business insurance, owners are to close they don't know where to start. We believe owners must know what they buy, employees deserve to get home safe to their families, claims off their plate and profits should grow. We know how hard it is to feel in control and have helped thousands of businesses take ownership over their insurance premiums. When you take back control, you grow profits, dial in safety and sleep in peace at night knowing both your employees & legacy is protected. (LEAD System)(Where) LOCK in - Coverage ELEVATE - Safety ADVOCATE - Claims DRIVE - Profits IW3 System (How we do it) ISOLATE (The Why) IMPLEMENT (The Do) DRIVE (The Measure & Repeat) (Outcome) PEACE TIME MONEY Contact me: office- (916)609-8424 Cell - 916.591.8612 Email - [email protected] (Bio) https://lnkd.in/gY8YGVQ7 (Calendar) https://lnkd.in/gCiXHjT YouTube Channel https://lnkd.in/gQzhg95 Business owners dramatically increase control, profits and peace of mind with the LEAD System. We have consulted with thousands of companies on all lines of insurance coverage for over 100 years. (Health Benefits, Workers Compensation, Liability, Cyber, EPLI etc) Ranging from transportation companies to manufacturing to Non Profits & Construction firms. Insurance is 300 years old and we have an unwavering commitment to both challenge and train how owners purchase insurance. Let’s connect.

🚀 𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐈𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐟𝐨𝐫 𝐘𝐨𝐮𝐫 𝐖𝐨𝐫𝐤𝐟𝐨𝐫𝐜𝐞 𝐚𝐧𝐝 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬! 🚀 At Karyam Financial Services Pvt Ltd, we understand the complexities of managing insurance for a diverse workforce. Recently, our founder, Nagaraja Sirigeri, had an engaging conversation with Ramakrishna Chilukuri, a client seeking a comprehensive insurance solution for his manufacturing setup. Their discussion highlighted the key aspects of effective insurance management, and we’re excited to share the insights with you! 🔹 𝐇𝐨𝐥𝐢𝐬𝐭𝐢𝐜 𝐀𝐩𝐩𝐫𝐨𝐚𝐜𝐡: No more juggling multiple policies! Nagaraja emphasized the importance of a unified solution. “You don’t have to worry,” he assured Ram, “We specialize in customized group health insurance and personal accident insurance for your employees, whether they’re on-site or traveling.” 🔹 𝐅𝐚𝐜𝐭𝐨𝐫𝐲 𝐂𝐨𝐯𝐞𝐫𝐚𝐠𝐞: Protect your manufacturing setup with our all-encompassing factory insurance. Ram’s concern about fire, burglary, and natural calamities like earthquakes and terrorism was addressed by Nagaraja: “We bundle it all, plus we cover business interruption losses to keep your operations running smoothly.” 🔹 𝐅𝐥𝐞𝐱𝐢𝐛𝐥𝐞 𝐏𝐨𝐥𝐢𝐜𝐢𝐞𝐬: Ram wondered about managing a dynamic workforce. Nagaraja explained, “Our policies are flexible with provisions for addition and deletion on a pro-rata basis. This makes it easy to manage changes in your workforce.” 🔹 𝐂𝐥𝐚𝐢𝐦𝐬 𝐒𝐮𝐩𝐩𝐨𝐫𝐭: “Claims are the most crucial part of any insurance,” Nagaraja stressed. He detailed how Karyam prioritizes claims support from start to finish: “We guide you on choosing the right product and handle all claims-related documentation, ensuring a smooth and hassle-free process.” Their conversation delved into real-world scenarios, like what happens if an employee leaves or how to handle claims efficiently. Ram’s questions were met with detailed, practical solutions, showcasing Karyam FinServ’s expertise. 💬 𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐅𝐮𝐥𝐥 𝐂𝐨𝐧𝐯𝐞𝐫𝐬𝐚𝐭𝐢𝐨𝐧: Dive into the lively exchange between Nagaraja and Ram. Discover how KaryamFinServ can simplify your insurance needs and provide peace of mind, knowing that your business and employees are well-protected. Ready to experience seamless insurance solutions? Connect with us today and let’s secure your future together. #InsuranceSolutions #GroupHealthInsurance #FactoryInsurance #BusinessProtection #EmployeeSafety #KaryamFinancial #NagarajaSirigeri #FinancialSecurity #InsuranceClaims #CustomizedCoverage

Navigating Personal Risks: A Guide to Protecting Your Future Managing personal risks involves a mix of insurance, health, and lifestyle choices. Life is unpredictable, and being prepared for unexpected events is crucial for your well-being. Insurance provides a safety net against uncertainties like sudden illness, financial setbacks, or accidents. However, relying solely on insurance isn't enough. Balancing risk mitigation with sensible lifestyle choices is vital. Healthy habits significantly impact your physical and mental well-being. - The Importance of Insurance Insurance offers financial protection against various risks, giving peace of mind to navigate unexpected events. It covers expenses that could otherwise lead to significant financial strain, such as medical treatments, home repairs, or replacing valuable possessions. - Personal Risk Management Personal risk management involves identifying, assessing, and managing risks. It requires a holistic approach, considering health, finances, and lifestyle choices. While insurance is crucial, it should be complemented by proactive measures for comprehensive protection. - Insurance Coverage Options 1. Health Insurance: Covers medical treatment costs. Consider coverage limits, deductibles, and premiums when choosing a plan. 2. Life Insurance: Provides financial support to your loved ones in the event of your death. Options include term and whole life insurance. 3. Property Insurance: Protects your home, vehicles, and belongings against damages or losses. 4. Liability Insurance: Covers claims or lawsuits from injuries or damages caused to third parties. 5. Cyber Insurance: Provides protection against cyber threats, including data breaches and cyber-attacks, helping to cover costs related to these incidents. 6. Fine Art Insurance: Offers specialized coverage for valuable art pieces, protecting against theft, damage, or loss. 7. Luxury Items Insurance: Ensures high-value personal items such as jewelry, watches, and designer goods are protected against loss, theft, or damage. Call to Action: Secure Your Future Today Don't leave your future to chance. Start managing your personal risks now by combining insurance coverage with proactive lifestyle choices. *Review Your Insurance: Ensure you have the right coverage for health, life, property, and liability. *Assess Your Risks: Identify potential threats and evaluate their impact on your life. *Adopt Healthy Habits: Incorporate regular exercise and a balanced diet into your routine. *Build an Emergency Fund: Save three to six months’ worth of living expenses. Take control of your well-being and protect your loved ones from financial hardships. Begin your journey to a safer, more secure future today! #PersonalRiskManagement #InsurancePlanning #RiskAssessment #FinancialProtection #HealthyLifestyle #EmergencyPreparedness #InsuranceCoverage #ProactivePlanning

Never Underestimate Your Risk: Why Complacency Can Be Costly It is easy to assume that we are invincible, especially when things seem to be going well. However, risk is an inevitable part of life, and without adequate protection, a moment of complacency can result in costly consequences. Be it auto accidents, medical emergencies, or damage to property, the unexpected can catch us off guard. As brokers, we recognize the importance of staying ahead of the risks that could derail your financial security. Here’s why you should never underestimate your risk and how the right insurance coverage can save you from potential disaster: - Accidents Happen Unexpectedly One of the most common mistakes people make is assuming they’re immune to accidents or that “it won’t happen to me.” According to recent statistics, road traffic accidents in Nigeria continue to rise, and most drivers involved in these accidents are often uninsured or underinsured. With a comprehensive auto insurance plan, you can be rest assured that damages, repairs, and liabilities are covered, protecting both your vehicle and finances. - Being Underinsured Puts Your Assets at Risk Even if you have basic insurance, it may not be enough to fully cover the costs of a major accident or loss. For instance, if you are involved in a serious car accident that involves extensive damages or injuries, basic liability coverage may leave you paying out of pocket. At Thrive Insurance Brokers Limited, we provide tailored solutions to ensure you are adequately covered, giving you peace of mind in every situation. - Financial Protection for the Unpredictable Unforeseen events like health crises, natural disasters, or unexpected legal liabilities can cripple your financial stability if you’re not prepared. Having the right insurance in place ensures that when these events occur, you won’t be left scrambling for funds or dealing with long-term financial burdens. - Avoiding Complacency Through Smart Risk Management The first step to avoiding costly surprises is acknowledging that risks exist in all areas of life. From driving on busy roads to running a business or managing your personal health, smart risk management requires planning and protection. We offer a comprehensive range of insurance products designed to cover every aspect of your life, from auto and health to business and life insurance. Our brokerage firm specializes in assessing your specific needs and offering customized insurance plans that ensure you’re not only covered but well-protected. With our expert team guiding you, you’ll have the confidence to navigate life knowing that your risks are mitigated. Being unprepared or underinsured can result in long-term financial consequences. Don’t wait until it’s too late, contact us today to learn more about our comprehensive insurance options and how we can help safeguard your future. #Insurance #RiskManagement #FinancialProtection #InsuranceBroker #RiskAwareness #ThriveInsuranceBrokers

Why Settle for Anything Less? At Halo Advisers, we're more than just an insurance provider – we're your trusted partner in 𝐬𝐞𝐜𝐮𝐫𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐟𝐚𝐦𝐢𝐥𝐲'𝐬 𝐟𝐮𝐭𝐮𝐫𝐞 𝐚𝐧𝐝 𝐩𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐧𝐠 𝐲𝐨𝐮𝐫 𝐚𝐬𝐬𝐞𝐭𝐬. With our unrivaled expertise and commitment to personalized service, we offer unmatched protection and peace of mind for you and your loved ones. 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐎𝐮𝐫 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 😇 Secure Your Loved Ones Ensure that your family is financially protected in the event of unforeseen circumstances. 😇Protect Your Health Access quality healthcare and medical services without worrying about the cost. 😇Peace of Mind Receive financial support during challenging times, allowing you to focus on what matters most. 😇Build for the Future Plan for a secure retirement with our KiwiSaver options tailored to your needs. 😇Safeguard Your Income and Home: Protect your income and mortgage from unexpected disruptions. 😇Promote Business Growth Keep your enterprise secure and thriving with our comprehensive business insurance solutions. 😇Travel with Confidence Enjoy worry-free travel with coverage for financial losses and unexpected emergencies. 𝐖𝐡𝐲 𝐂𝐡𝐨𝐨𝐬𝐞 𝐔𝐬? 😇Expert Guidance Benefit from our industry knowledge and personalized approach as we guide you through the insurance process. 😇Trusted Partnerships We've forged strong partnerships with leading insurers to offer you reliable coverage and exceptional service. 😇Dedicated Support Our team is here to support you every step of the way, from selecting the right coverage options to managing claims and addressing any concerns you may have. 𝐂𝐡𝐨𝐨𝐬𝐢𝐧𝐠 𝐇𝐚𝐥𝐨 𝐀𝐝𝐯𝐢𝐬𝐞𝐫𝐬 𝐦𝐞𝐚𝐧𝐬 𝐜𝐡𝐨𝐨𝐬𝐢𝐧𝐠 Award-winning company Personalized service Reliability With us by your side, you're not just another client — 𝐲𝐨𝐮'𝐫𝐞 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐟𝐚𝐦𝐢𝐥𝐲. We're dedicated to safeguarding your financial well-being and providing the peace of mind and security you deserve. Life's uncertainties can be daunting, but with Halo Advisers, you can face them with confidence, knowing your loved ones and assets are protected. Let's navigate this journey together and ensure your future is bright. Ready to experience the Halo Advisers difference? 𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐮𝐬 𝐭𝐨𝐝𝐚𝐲 for a complimentary chat - find deets in the Featured Section and Comments!

It’s been almost 20 years since I got my insurance license and got started in the industry. The first couple of years were really rough. I was not making a living, I had terrible call-reluctance and prospecting was too hard for me. I knew that there were plenty of people making a good living in the industry, but I just couldn’t figure it out. I had gotten married young and we had our daughter on our first anniversary. We couldn’t afford child-care and so I “worked” from home while babysitting our daughter and kept trying to make things happen and I kept failing. The early days were pretty crazy. My friend and I made flyers for final expense insurance and tried to hang them in dialysis clinics, I tried my hand at selling life insurance to federal workers on the FEGLI program, and I tried to buy leads from LeadsClearance, Insureme and some of those early lead generators, but just couldn’t find my stride. One day I found an insurance discussion forum that was overrun with spam, but had a group of insurance agents who were trading information, sharing their wins and losses and were dropping real information on how they were making a living. I started posting and chatting with the people on the forum, but the Snitz forum software did not have spam controls and it became increasingly difficult to find the signal from the noise. I knew that I had to get this knowledge to find a way to take care of my family, I found someone on Getafreelancer, one of the early freelancer sites, to put a PHPBB forum on insurance-forums.net and started the process of finding agents who would post their discussions there and got some of the agents on the old Snitz forum to move over. It took several years of posting, using Yahoo answers, learning seo and learning community management until we started to reach critical mass and become the digital watercooler for insurance agents. I never meant for Insurance Forums to become a business, I just desperately needed the knowledge of how other agents were making a living. I have now read more than 1 Million posts on the forum and it became the base of my industry knowledge. I also read all of the industry magazines (of blessed memory) and the websites like Producersweb and Lifehealthpro. Today, I read 20+ insurance and healthcare newsletters per week, have 30+ google alerts for various keywords, listen and watch podcasts and videos from all over the industry and spend plenty of time on Linkedin. I still can’t believe how much free knowledge there is out there and how many people in our industry love sharing their hard-won learnings for free. Whenever a young agent asks me for advice, its very simple. Become a student of the industry. Direct yourself to learn everything you can. Learn to fall in love with accumulating information. The knowledge is out there for the taking, learning is the number one job if you are to succeed in the insurance industry. What a gift to live in a time where all these resources are available!

Day 56 of “Fire Lighters” by Lew Caralla Do you have insurance? Every month we pay into an insurance plan. Nobody wants to, but nobody wants to take that massive hit or be caught uninsured when disaster strikes a car, a home, or their health. Nobody likes it, but we all end up glad we have it. But can I ask how much you pay each month for your discipline insurance? What about work ethic insurance? How about accountability or resilience insurance? Because a lot of people don’t think they need Discipline, Accountability, Work Ethic, or Resilience Insurance. They don’t want to pay for it until they need it. By the time they need it, though, it’s way too late. The out-of-pocket expenses that come from having no discipline, worth ethic, accountability, or resilience insurance are way higher than you would ever want to pay. On the flip side, you might pay every month for these policies and barely ever use them. But when something sudden and drastic comes up, you’ll be fully covered. Does your team have insurance? Does your family have insurance? Keep paying the premiums. You’ll be thankful you did. Have a great day.