The website myfloridacfo.com is a portal for the Division of Insurance Agent and Agency Services in the State of Florida. In the websites portal is an information system that supports insurance professionals in applying, in maintaining and in updating their FL licenses. For instance, the portal will provide the requirements to obtain an insurance license for the state. Secondly, the state uses the system to store specific agent and agency service information that is important in the industry. In addition, the websites link to “MyProfile”, which enables all state licensed insurance professionals access to their detailed membership information. Then, the members can view the industry’s bulletin alerts, insurance laws and updated regulations. Finally, members can download insurance forms for specific insurance professionals and view the additional databases in the specific profession.
Myfloridacfo.com is an e-commerce system to support users across the whole State of Florida; therefore, the hardware and software must be sustainable to operate under these conditions. The hardware technical specifications are not available to members but the assumption of using an Oracle and Microsoft SQL Server to house the database would be efficient. For example, Oracle has a history of working well with Java applications, and many web browsers are compatible with Java scripts. This working relationship would allow acceptable access to users with various disk operating systems (DOS) and Mac operating system (OS) users. In addition, the Microsoft SQL Server design is capable to store a mass amount of digital information, backup systems to recover that information to the database, also known for its compatibilities to integrate and excel the recove...
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...idavits for insurance for activity while not properly appointed, non-resident public and independent adjusters, agency cancellation of notice, registration of Fraternal Benefit Society and special forms for senior suitability. As a result, these downloadable forms will assist the licensed insurance professional by enabling industry standards and present hardcopies for legal representation. Secondly, the forms can be easily modified then uploaded to myfloridacfo.com; thereafter, the statewide users can download the updated forms immediately. In conclusion, the whole system is exceptional for storing information, viewing information and supporting the insurance professionals.
Works Cited
Atwater, Jeff. (2014, May 20). Division of Insurance Agent and Services. Retrieved from http://www.myfloridacfo.com/Division/Agents/Licensure/myProfileHelp/default.htm#.U2hDaDHD-po
The first best practice is to establish and maintain current licenses as required to conduct the business of title insurance and settlement services. The purpose of this is to maintain state mandated insurance licenses and corporate registrations to ensure that the company remains in good standing with the state. This best practice is accomplished by establishing and maintaining applicable business licenses and complying with licensing, registration, or similar requirements with the applicable state regulatory department or agency. Also, members of ALTA must complete appropriate compliance with ALTA’s Policy Forms Licensing requirement.
In locators 1 through 13 you will find: Type of Insurance (you will write down which type of insurance the patient is using. It could be a government type of insurance, group health or other) , Insured’s I.D. Number, Patient’s Name, Patient’s Date of Birth/Sex,
Life insurance is legally enforceable contract issued by insurer based on the payment of premiums. The well understanding the legal aspects of the life insurance contract will give a further benefits to insured as well as beneficiaries to impose their rights to the insurance contract. Insurance contract include insurer, insured, policyowner, and beneficiary. Insurer must be licensed in each states. Although insurer is the first party of the insurance contract, their power enforcing to insured is limited by the state law. Insured and policyowner is not always but can be a same person. For example, when parents want to insure their children, policyowner and beneficiaries will be either parents. At the event of insured’s death, the policy of the
State Farm® Insurance has a strong media presence. I believe that virtually everyone has seen and remember at least one of the funny State Farm® commercials, either on regular TV or through online media services that support videos, including YouTube, Facebook, and others. Although the commercials are humorous, when someone needs to contact or file a claim with their insurance company, the situation is serious. Therefore, how the company is presenting its name should be seriously taken into consideration, and its underlying message should be argued.
Admissions office have to take a copy of JF Elite Plus Student Insurance before giving any documents out.
Business Insurance News, Analysis & Articles. Web. The Web. The Web.
Some faculties and departments are already using Oracle applications in their day-to-day operations. As time goes by, more and more information users will be working with an application based on Oracle database technology. If you get the opportunity to be a member of an application development team, you will become familiar with the workings of Oracle and relational databases. Other users may have to learn about this popular database management system through their own experience. This article is for our readers who, as of yet, have no access to Oracle databases but have a yearning for learning what they're all about.
Lisa’s insurance broker did not make sure she had the proper coverage to reduce her liability if something were to happen to the art gallery. Lisa’s insurance broker, Homer, broke his fiduciary duty to Lisa by not ensuring she had the proper coverage she needed; given that Lisa was responsible for the safekeeping of the artwork that was on consignment. Homer should have taken into consideration that nearly all her inventory, which was on consignment, would not be insured if a fire occurred. Nonetheless, Homer reassured Lisa that she was “well covered” with her policy when she should have had a policy where she would be covered for losses to artwork on consignment as well as fires that didn’t originate on her building
Insurance Commission of The Bahamas. 2013. Number of Licensees by Type. Available at: [Accessed Feb 16th, 2014]
Amazon model initially offered customers access to massive selection without the needs to incur cost, time and stress of opening warehouses and stores and the needs for inventory handling. Amazon realized to ensure customers get a pleasant experience and Amazon acquire its inventory at reasonable prices, they need to be in control of the transaction process from beginning to the end through operating the business from their own warehouses.
Business strategy and model: Zappos.com had a differentiation strategy with which they had differentiated themselves from the rest of the market. They had use a unique corporate culture in their company which was one of the major competitive edges of the company. According to the CEO of the company, Tony Hsieh, that everything that they had done at Zappos such as their relationships with 1,200 to 1,500 brands, policies and website style could be copied, however, the only thing that no one could copy from them was their unique culture. Zappos had 10 unique core values as a basis of their company’s culture, employee performance and their overall operations. They were hiring and firing people on the basis of their abilities that whether they were living up to these core values or not.
The term F&I stands for Finance & Insurance. The term has its origins in the F&I office at US automobile dealerships that arranges financing for the purchase after the customer has selected the car. Dealerships profited from either adding percentage points to the finance APR from lenders (rate float), or from reselling the loans to be serviced by others once the customer had purchased the car. Once that became standard practice, in a quest for additional profits, dealerships started offering Credit Insurance products from the same office that protected the customer from having to make loan or lease payments if they were to die or become disabled. Thus, the 'Finance & Insurance' (F&I) industry was born.
Today, there is a range of computerised systems in the market that business can use to keep track of their finances; few of the most recognised for their performance are Sage, Microsoft Dynamics, Oracle, QuickBooks, SA...
In our world, people rely heavily on the power of technology every day. Kids are learning how to operate an iPad before they can even say their first word. School assignments have become virtual, making it possible to do anywhere in the world. We can receive information from across the world in less than a second with the touch of a button. Technology is a big part of our lives, and without it life just becomes a lot harder. Just like our phones have such an importance to us in our daily lives, database management systems are the same for businesses. Without this important software, it would be almost impossible for companies to complete simple daily tasks with such ease.