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Media Center

What Are We Exchanging in a Health Insurance Exchange?

oswaldcompanies

With every paradigm shift, disruptions occur. We are in the midst of employee benefit landscape changes so vast that they rival the passage of ERISA in 1974. Simultaneous with PPACA provisions that affect employers (the tip of the iceberg), there is a massive restructuring of the U.S. healthcare system (the…

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The Art of a Surety Deal

Mark Rader

Putting together a surety program can range from a simple project to a complex undertaking, depending on the variables involved.  The key is to be able to identify the specific variables, steps, and level of complexity upfront, so the proper approach can be taken from the outset. The more complex…

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The Real Value of Personal Indemnity

Mark Rader

Most surety deals for privately held companies require the personal guarantee of business owners, similar to bank credit.  When a business gets larger and stronger financially, personal guarantees may be eliminated at some point.  Keep in mind, however, that a surety is also an unsecured creditor, so the surety is…

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Medical Device Product Liability Claim Management

oswaldcompanies

Controlling the cost of claims is one of the pillars of our service. Our “edge” is our ability to prepare the claim properly for presentation to the carrier.  Understanding exactly what your policy coverage will respond to is most important at a time of loss.  You have paid the premium…

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Oswald Companies Acquires Knezevich & Foerster LLC

Christina Schmitz

Oswald continues to expand its benefits practice CLEVELAND – Feb. 25, 2013 – Oswald Companies – one of the largest independently owned insurance brokerages in the U.S. – has announced the acquisition of Knezevich & Foerster, LLC., a local firm specializing in group benefits insurance. The acquisition is in direct…

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Surety Bonds – A Necessary Evil (Sometimes)

Mark Rader

We might as well admit that many companies look at surety bonds as a “necessary evil.”  This is because it’s a product that usually requires a personal guarantee, and may also impede a business owner from success if bonds cannot be obtained under reasonable terms and conditions. On the flip…

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Successful Outcomes of Employing Enterprise Risk Management (ERM)

oswaldcompanies

It is important to align an organization’s appetite for risk and strategic initiatives.  Incorporating risk planning into your company’s overall strategic plan allows it to react quickly and more efficiently in creating solutions to problems. C-Suite level executives do not like surprises.  ERM reduces the likelihood of surprises and unfunded…

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Everything You Want to Know About Your Global Benefits

oswaldcompanies

We’re excited to be in Tampa on Thursday, Feb. 28, hosting a global benefits panel discussion with HR Tampa, Tampa’s Society for Human Resource Management (SHRM) chapter. Our panelists are based in Paris, Rome and Toronto and are experts in European, North African and Canadian employee benefits. The benefits landscape…

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The Bonding Relationship

Mark Rader

You need to have at least one good bonding relationship, and that relationship should be with your surety broker.  A good surety broker can effectively guide you through what could otherwise be an unwieldy and confusing process. For companies where bonding is critical, you may also want your broker to…

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How Are You Managing Contractual Liability Exposures?

oswaldcompanies

Life Sciences companies frequently fail to enter formal contractual agreements with their suppliers, and instead rely on insufficient purchase orders or contracts that don’t provide enough detail. Here are some pitfalls: i)        Purchase orders are one-sided and typically don’t require the supplier to indemnify or carry appropriate insurance. ii)       Is…

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