My entire career has been spent in the insurance industry. And, having listened to others talk about their occupations, it seems there are many worse places to have worked!Insurance provides an important role in society. It allows individuals and businesses the financial security to take risks without worrying about the adverse impact of a property loss or being sued by others who may allege you were negligent. Think about it. If you had no automobile insurance, would you be willing to jump in your car with no concerns about paying for damages to your car, or for bodily injury to others, if you had to pay for these things out-of-pocket?Also, would you be comfortable manufacturing a product that might cause personal injury to a user if you or your business had to pay for such injury out of your corporate earnings? And what if your corporate earnings were insufficient? A worst-case scenario might involve bankruptcy. But the insurance industry has its shortcomings. In my opinion, many of the problems that exist are the direct result of a lack of understanding about how various segments of the insurance industry work. Consumers and businesses don't know how insurance agents sell insurance, how their insurance policies work or how insurance companies operate. My purpose in writing Inside the Insurance Industry - Third Edition was to provide answers to questions like these. And, while many people's eyes glaze over when the topic of insurance comes up, I believe that you will find this book easy to comprehend and a quick read.
5-Star Review by Charles Ashbacher for Readers'
Favorite"Glaser...manages to do a great deal of explaining in a
manner that can be understood by nearly anyone. He explains the
role of all the players in the marketing and managing of insurance,
specifically why costs for a common product can vary and how prices
for insurance should be set...this is an excellent primer on the
role and occasional failings of insurance in our lives." #1
Insurance Book Ranking - Top 10 Insurance Books, WallStreetMojo
According to the book reviewer, "Glaser has explained the industry
in a very simple form which is understandable even by a common man
or someone not from the insurance industry. In this book, the
author gives details of the internal working of insurance companies
and the industry along with how it is sold. It also discusses how
to get the best and the right insurance deal, making insurance
claims and how agencies can help you purchase insurance." #1
Insurance Book Ranking - 5 Must-Read Books For Insurance
Professionals, Bima School, India "This is one book serving all,
whether you are a student, a professional within the industry or an
outsider including an insurance purchaser...or anyone intrigued
about the industry. This book gives you a deeper view of the
various unlooked nitty-gritty of the insurance business, guiding
you along the way." #1 Insurance Book Ranking - 6 Best Insurance
Books Recommended by Readers, WikiAccounting "This book contains
information about insurance companies, attorneys' financial
planners, risk managers, college students, business owners,
etc...and the author gives details of the internal workings of
insurance companies and the industry, along with how it is sold. It
also discusses how to get the best and the right insurance deal,
make insurance claims, and how agencies can help you purchase
insurance." #2 Insurance Book Ranking - EDUCBA Top 10 Insurance
Books This best insurance book will interest you with topics such
as mechanisms and processes by which insurance is sold,
identification of various distribution methods, definition of the
industry terminology, internal working of the insurance company,
discussion of various responsibilities of different insurance
company departments, and facts that affect the insurance company
and its policyholder." 5.0 Out of 5 Stars: Great Job in Making
Insurance Easy For a Layman! "Kevin has done a great job in solving
the confusion surrounding insurance products. The book has the
potential to change the way insurance is bought and perceived."
Reviewed by Rajneesh in India.
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