Comment.Alliance AlliesWe enjoyed reading Lynna Goch's article on strategic alliances in the March 2001 issue of Best's Review ("Choosing Partners," page 39). We agree that alliances are an important alternative to mergers and acquisitions in today's financial-services industry. In fact, some insurance companies have had successful strategic alliances for nearly two decades. In 1985, a dozen marketing executives from these companies got together to form the Inter-Company Marketing Group, which now represents more than 200 companies seeking strategic alliance partners. This unique resource for networking and information focuses solely on facilitating alliances among financial-services companies. Similar to the companies profiled in your article, ICMG ICMG Inter-Company Marketing Group ICMG Ice Cream Maker Guy ICMG International Corporate Management Group, Inc ICMG Industrial Computer Manufacturers Group members seek to pool resources, integrate businesses and move into new arenas with companies that complement their own. Audrey S Audrey awkward rural wench who jilts a countryman for a clown. [Br. Drama: Shakespeare As You Like It] See : Rusticity . Wittenburg Executive Director Inter-Company Marketing Group Reston, Va. GE Responds to Long-Term-Care Article I was surprised to learn that General Electric Capital Assurance Co. was left off the list of individual long-term-care insurance writers published in the March 2001 edition of Best's Review. We should have been ranked at the top--No.1 in all the categories you reported. GE Capital Assurance is the current market leader in the long-term-care insurance industry. As of Dec. 31, 2000, we had more than $1 billion of in-force net long- term-care-insurance premiums, and covered more than 650,000 lives. Our Long Term Care Division pioneered long- term-care-insurance coverage more than 25 years ago in 1974 and has been on the vanguard Vanguard Any of three unmanned U.S. experimental satellites. Vanguard I (1958), the second U.S. satellite placed in orbit around Earth (after Explorer 1), was a tiny 3.25-lb (1.47-kg) sphere with two radio transmitters. ever since, introducing a number of innovative market-leading features. To some of the points in your articles, GE Capital Assurance currently offers only expense reimbursement Reimbursement Payment made to someone for out-of-pocket expenses has incurred. long-term-care-insurance policies, which encourage the use of care-coordination services. We are proud and fortunate enough to have the largest long-term-care-insurance experience database of any insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. in the marketplace today. Our excellent history of rare stability speaks for itself and is a measure of our success. Thomas (language) Thomas - A language compatible with the language Dylan(TM). Thomas is NOT Dylan(TM). The first public release of a translator to Scheme by Matt Birkholz, Jim Miller, and Ron Weiss, written at Digital Equipment Corporation's Cambridge Research Laboratory runs A. Skiff President General Electric Capital Assurance Co. Long Term Care Division In the Spotlight [*] "We're probably a little over a year into what the current market correction Market correction A relatively short-term drop in stock market prices, generally viewed as bringing overpriced stocks back to a level closer to companies' actual values. will turn out to be. In my many years of experience, the market correction of 1984 and 1985 was the benchmark for worst-case scenarios worst-case scenario n → Schlimmstfallszenario nt . It was the worst I've seen in my career. This may be similar." Dennis P. Kane President and Chief Executive Officer Kemper Casualty (*.) excerpted from Best Week |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion