But in relying
on claims management companies we are moving away from some of our biggest assets — a connection with our clients, local knowledge playing a role in our local communities.
Not exact matches
In the opinion of the
Company's
management, a discussion of loss reserve development is meaningful to users of the financial statements as it allows them to assess the impact between prior and current year development
on incurred
claims and
claim adjustment expenses, net and core income (loss), and changes in
claims and
claim adjustment expense reserve levels from period to period.
In the opinion of the
Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense re
Company's
management, adjusted book value per share is useful in an analysis of a property casualty
company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense re
company's book value per share as it removes the effect of changing prices
on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact
on unpaid
claims and
claim adjustment expense reserves.
Billionaire investor William Ackman in 2012
claimed the
company was running a pyramid scheme, recruiting members with a promise of payment for enrolling others in distribution, rather than depending
on the actual sale of its nutritional supplements and weight
management products.
Online reputation
management companies abound
on the Internet —
claiming everything from 100 percent success rate (or your money back) to a «special technology» that reorders search results.
Ranking at No. 855
on the Inc. 5000, this health
company offers peer review programs to more than 60 workers» compensation and managed - care organizations to assist in the
claims management process.
Chunyu, a Chinese mobile healthcare app
company that connects patients and doctors, raised $ 50 million from China International Capital Corporation (CICC), Rushan Venture Capital under DunAn Holding Group, Pavilion Capital run by Temasek, and BlueRun Ventures, and HealthEdge, a provider of a cloud - based or
on - site integrated financial, administrative and clinical software platform for healthcare payers focusing
on medical
claims and benefits
management brought in $ 30 million
Important factors that may affect the
Company's business and operations and that may cause actual results to differ materially from those in the forward - looking statements include, but are not limited to, increased competition; the
Company's ability to maintain, extend and expand its reputation and brand image; the
Company's ability to differentiate its products from other brands; the consolidation of retail customers; the
Company's ability to predict, identify and interpret changes in consumer preferences and demand; the
Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the
Company's
management team or other key personnel; the
Company's inability to realize the anticipated benefits from the
Company's cost savings initiatives; changes in relationships with significant customers and suppliers; execution of the
Company's international expansion strategy; changes in laws and regulations; legal
claims or other regulatory enforcement actions; product recalls or product liability
claims; unanticipated business disruptions; failure to successfully integrate the
Company; the
Company's ability to complete or realize the benefits from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the
Company operates; the volatility of capital markets; increased pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the
Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the
Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the
Company or its customers, suppliers or regulators operate; the
Company's indebtedness and ability to pay such indebtedness; the
Company's dividend payments
on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
BlackBerry's ability to manage inventory and asset risk; BlackBerry's reliance
on suppliers of functional components for its products and risks relating to its supply chain; BlackBerry's ability to obtain rights to use software or components supplied by third parties; BlackBerry's ability to successfully maintain and enhance its brand; risks related to government regulations, including regulations relating to encryption technology; BlackBerry's ability to continue to adapt to recent board and
management changes and headcount reductions; reliance
on strategic alliances with third - party network infrastructure developers, software platform vendors and service platform vendors; BlackBerry's reliance
on third - party manufacturers; potential defects and vulnerabilities in BlackBerry's products; risks related to litigation, including litigation
claims arising from BlackBerry's practice of providing forward - looking guidance; potential charges relating to the impairment of intangible assets recorded
on BlackBerry's balance sheet; risks as a result of actions of activist shareholders; government regulation of wireless spectrum and radio frequencies; risks related to economic and geopolitical conditions; risks associated with acquisitions; foreign exchange risks; and difficulties in forecasting BlackBerry's financial results given the rapid technological changes, evolving industry standards, intense competition and short product life cycles that characterize the wireless communications industry, and the
company's previously disclosed review of strategic alternatives.
Responding to the query from the
company, the bank
claimed that it blocked the accounts
on an instruction from the Economic and Financial Crimes Commission (EFCC); and this was done without even notifying the
management of the
company.
On regulation of
Claims Management Companies: «Poorly regulated
Claims Management Companies have been hiking up the cost of insurance for far too long.
All
claims companies must be regulated for
claims management activities and will have a reference to check (e.g. CRM1234)
on the Ministry of Justice database.
All
claims companies must be regulated for
claims management activities and will have a reference to check (eg CRM1234)
on the Ministry of Justice database.
Their
management claims that the free - to - play game — as well as other battle royale games like PUBG — have had a «near - term impact»
on the
company.
Domenick has served
on the Board of Directors of the ARC Association and a mid-cap technology
company, as Chairman Emeritus of the
Claims and Litigation
Management Alliance, Board Member of the
Claims and Litigation
Management Alliance, Adjunct Professor of Insurance Law and Regulation at Temple Law School, Member of the Board of the Business School of NJIT, where he also serves as an Adjunct Professor of Corporate Finance, Member of the Association of Corporate Growth and Member of the American Bar Association Mergers and Acquisitions Committee.
Tony focuses his practice
on complex business and corporate litigation involving financial service institutions, real estate development and
management companies, commercial and contract disputes, indemnification
claims, shareholder actions, business transactions, class actions and D&O litigation.
She then sued the
company, its
management and her boss for damages resulting from her breakdown,
claiming that they deliberately or negligently inflicted mental suffering
on her.
Conroy Simberg has a long history of defending property owners, insurers, landlords and tenants,
management companies, maintenance and cleaning services and security
companies facing liability
claims for injuries occurring
on premises of all kinds, including:
The one area that will thrive as a result of the raising of the small
claims limit is the
claims management sector, which will undoubtedly take over the running of these cases for a percentage of the damages using the successful PPI refund model with no legal qualifications and no limit
on what they can charge This will have the opposite effect of reducing the nuisance calls from
claims management companies that plague us and crucially, it is also unlikely to reduce
claims costs significantly for the motor insurers.
«The practice of cold calling by
claims management companies is widely hated by the man
on the street», she said.
«Many of the
claims from the residents may be covered by insurance, however, there may have been serious failings by the
management company, acting
on behalf of the local authority, that may give rise to further liability in contract (to the tenants of the block) and in negligence.
The Association of Personal Injury Lawyers is now urging the government to follow through
on a promise made last year to include a ban
on cold calls by
claims management companies in the Financial Guidance and Claims Bill, currently at the Second Reading stage in the House of Co
claims management companies in the Financial Guidance and
Claims Bill, currently at the Second Reading stage in the House of Co
Claims Bill, currently at the Second Reading stage in the House of Commons.
The impact of raising the small
claims limit to # 5,000 for RTA - related whiplash
claims, and of raising the small
claims limit to # 2,000 for personal injury
claims more generally, taking account of the planned move towards online court procedures and the potential impact of this policy
on the role of
claims management companies and
on the operation of the market for «before the event» legal expenses insurance.
We suspect the real battleground will be
on the restrictions
on QOCS, regulation of
claims management companies and, potentially,
on claimant costs.
For instance, if some or all of the selling
management of a target is staying
on with the
company post-sale, and a breach of warranty
claim arises after completion, the attempted resolution of that
claim could lead to conflict.
A new university study and the ever - increasing use of wireless devices, such as the BlackBerry, could result in a flood of lawsuits against employers for creating an allegedly dangerous environment where unpaid overwork is required for success, promotion and job security, a leading law firm warns -LSB-...] Giving rise to possible
claims, is a recent study by Gayle Porter, Associate Professor of
Management at Rutgers University in New Jersey, which suggests possible liability for
companies if they keep their employees
on «electronic leashes» as part of their job requirements.
Consider that some
companies that provide insurance products and / or
claims management are only managing these
on the behalf of the insurer and should or should not be named as a defendant — write a letter to this
company requesting additional details to avoid costs; consider commencing your action well before the limitation period to have time to amend your pleadings should the wrong defendant be named;
An extensive
claims career within a large property and casualty carrier, and 22 years as Executive Vice President / Treasurer of a successful Regional Claims Adjusting / Claims Management company, have provided Jim a unique perspective on how successful Insurance Defense firms cultivate cl
claims career within a large property and casualty carrier, and 22 years as Executive Vice President / Treasurer of a successful Regional
Claims Adjusting / Claims Management company, have provided Jim a unique perspective on how successful Insurance Defense firms cultivate cl
Claims Adjusting /
Claims Management company, have provided Jim a unique perspective on how successful Insurance Defense firms cultivate cl
Claims Management company, have provided Jim a unique perspective
on how successful Insurance Defense firms cultivate clients.
Ms Carver's
claim was for a personal injury, but when the courts come to apply Ward LJ's thinking to purely commercial cases, there is nothing to stop them questioning whether, for example, the strain
on a small
company's financial resources or
management time has made litigation not «worth the fight».
Ely Grange
Management Ltd v. Coe [2009], Tunbridge Wells County Court --(claim by a management company for sewage treatment charges brought in restitution on grounds of free acceptance of
Management Ltd v. Coe [2009], Tunbridge Wells County Court --(
claim by a
management company for sewage treatment charges brought in restitution on grounds of free acceptance of
management company for sewage treatment charges brought in restitution
on grounds of free acceptance of services)
Thinking that they are being bullied by their boss and employer they sue the
company, its
management and the boss for damages
claiming that they deliberately or negligently inflicted mental suffering
on them.
After canvassing the leading substantive - consolidation standards and cases, Judge Jernigan determined that consolidation is appropriate under any test; her decision turned
on a litany of facts and factors, including that (i) the
company's «nerve center» is its Texas headquarters and all payroll for employees is effectuated from there, (ii) the
company's centralized cash -
management system and three bank accounts, (iii) all debtor entities were controlled by common officers and directors, (iv) the existence of substantial intercompany
claims, (v) credible testimony demonstrated that preparing individual schedules was extraordinarily difficult and required numerous amendments, (vi) a substantial amount of creditors treated the debtors as a single unit, and (vii) that credible counsel had determined that the primary assets of many debtors — D&O litigation
claims — are jointly owned by the debtors.
There has been a noticeable increase in
claims on the back of
claims management companies who are aggressively marketing travellers both in resort and
on social media.
Attorneys Aivar Pilv and Anneli Aab from Leadell Pilv in Estonia have successfully defended clients Karl and Kaarel Liivapuu in Harju County Court against a civil
claim for damages of over EUR 127,000 based
on allegations that they improperly influenced «a member of
management board... to perform a transaction harmful for the
company by selling an apartment under its market value.»
John Batter's practice focuses
on the defense of public and private
companies and their directors and
management against breach of fiduciary duty
claims and securities fraud... Read More
Insurance & Reinsurance Litigation: insurance coverage and reinsurance arbitration and litigation
on behalf of reinsurers, cedents and intermediaries; risk
management; alternative dispute resolution; coverage arbitration and litigation for insurance
companies involving financial issues, environmental damage, E&O / D&O, variable annuities, asbestos, 9/11 losses, clergy abuse
claims, toxic tort and health risks (Obamacare).
With over 25 years leadership experience Dan advises Fortune 1000 corporate legal clients
on operational excellence, matter and legal spend
management, and outside counsel
management, with particular expertise in helping insurance
company claims departments.
«Proposed reforms to the way people can fund legal cases plus a ban
on referral fees is an ominous formula which could lead to marketing men at
claims management companies actually running personal injury cases,» says APIL president, David Bott.
Where possible, we (legal) get involved during the project's life - cycle to assess potential or actual
claims in real - time to provide our project
management personnel and executives a considered and objective view
on potential strengths, risks and exposure for the
company.
However, we have the spirit of a small
company, offering hands -
on, dedicated account
management, exclusive sales and marketing support, reporting solutions, and award - winning customer services and
claims management.
If you are buying a policy
on your own, check for the number of garage tie - ups the insurance
company has and whether the garages are authorised or capable of servicing
claims for the vehicle - make owned by the customer, says Mukesh Kumar, member of the executive
management and head (strategy planning and marketing), HDFC Ergo General Insurance.
There are also a number of private
companies online that rates different insurance
companies based
on a variety of factors such as financial stability, customer service,
claims management efficiency, rates, client retention, etc..
• Accurately processed payroll as well as monitored vacation / benefit accruals independently • Actively managed wage garnishments and processed termination checks • Accepted accountability for the overall teamwork and stood responsible for meeting the deadlines • Assisted HR department with compensation and benefits for payroll related tasks like processing benefits premiums, wage ceilings, long term disability
claims, life insurance, group health insurance, fringe benefits, and overtime pay analysis • Assisted internal and external auditing procedures related to payroll by following
company standards and policies • Monitored and reviewed complete payroll accounts for verification of accuracy and in case of any discrepancies made appropriate corrections and updates, at the end of every month • Communicated effectively with all staff responding to their requests and inquiries related to payroll information • Correctly made payroll related general ledger journal entries for each record • Created and dispersed payroll vouchers to the
company employees every month
on the pay day • Created benefit audits and reports for terminated / retired employees • Maintained perfect reconciliations of balance sheet accounts related to the payroll • Executed special research projects regarding payroll
management and for detailed analysis of financial facets of payroll • Gave suggestions to the
management for the policy and procedure updates and refreshers related to payroll
management and its financial aspects • Organized and maintained outstanding payroll checks and lists in coordination with the HR department • Managed contacts and communicated regularly with all the internal and external stakeholders ensuring effective flow of information • Organized files, accounts, ledgers, records, employee books for payroll documents and other related purposes • Prepared SDLs — Salary Distribution Journals and other distribution journals every month for payroll accounts • Processed and prepared corporate payroll using Pay Expert Application, managing all paperwork for the wire transfers and generated return funds • Processed payroll changes for new hires and terminations ensuring accuracy and timeliness of the process • Proficiently used PRG (Millennium) payroll and TMx labor scheduling software applications for effective payroll
management • Resolved all issues related to payroll tax payments and reported after every pay run making sure that all filings were accurately represented by the tax service provider • Reconciled tax payments for federal, state and local payroll as well as returns for multiple authorities
on monthly basis.
• Organized and processed paperwork, reports and all kinds of
claims documentation • Entered, recorded and reviewed
claims into
claims information
management system • Performed verification checks
on the customer / claimant loss -
claims following
company's standard policies and procedures • Attended to clients, claimants, field appraisers and
management queries, regarding
claims using the
claims MIS • Forwarded appropriate
claims for new losses verifying data for accuracy • Performed billing and payment processes • Processed routine
claims transactions related to reserves and issued required checks or receipts • Resolved all kinds of issues / problems regarding
claims and payments • Regularly run and generated
claims reports for
management • Gave formal presentations regarding all
claims activities to the senior
management at the bimonthly • Utilizing outstanding communication and interpersonal skills maintained strong and positive relationships with the providers, the claimants, and the clients • Provided
company with necessary clerical support like handling fax, attending and making telephone calls as directed, filing and photocopying, matching checks with receipts etc. • Prepared, updated and organized customer and client's files • Managed all types of correspondence preparing, reviewing and sending memos, letters, emails, reports, applications, and forms • Provided effective CSR to providers, field appraisers, agents, insurance agencies, clients and customers • Matched incoming emails, mails, and faxes with the
claims records • Arranged and set up medical appointments for health
claims • Kept department's office supplies stocked • Maintained confidential
claims information including correspondence with sensitive information • Accelerated
claims correspondences as well as updated
claims diaries • Worked in a team
on several pilot
claim projects • Reviewed and kept the record of closed files
* Recognized for recovering over $ 250,000 of invoicing not done from previous
management and providing over $ 1,000,000 of POD's
on claims against
company.
Medical Billing Specialist — Duties & Responsibilities Manage medical billing, coding, and customer service operation for industry leading corporations Develop extensive experience with all major medical insurance providers Provide exceptional customer service resulting in 100 % client satisfaction rating Maximize reimbursements and minimize costs through effective
management Serve as member of Rate Book Committee overseeing 80,000 outpatient third party accounts Recruit, hire, and train staff ensuring understanding of
company brand, policies, and procedures Responsible for $ 100 million per year in
company income and
company record of $ 46 million in one month Oversee financial
management providing best practices and strategic planning Build and strengthen relationships with third party payors including Medicare, Medicaid, and others Author and present reports to senior leadership regarding
company financial health Set and strictly adhere to departmental budgets and project timelines Ensure compliance with applicable laws and industry regulations Establish and maintain detailed records regarding
claims, billing, and client information Create and implement clinical and nonclinical team training activities Consistently promoted for excellence in
management, customer service, and revenue generation Study internal literature to become an expert
on products and services Represent
company brand with poise, integrity, and positivity
Claims Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professio
Claims Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and profe
Management Duties & Responsibilities Utilize efficient workflow organization to improve departmental efficiencies while ensuring effective client response and diligent analysis of
claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professio
claims, with extensive experience in both commercial and personal lines Provide relevant administration and direction to multi-million dollar staff budgets, quality control, fraud investigations, and complex
claims reviews, earning denial authority over high - level claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professio
claims reviews, earning denial authority over high - level
claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professio
claims cases Identify and develop talent among team members with focused training efforts, performance reporting and analyses, and operational efficiency initiatives Deliver continuous assessment of work force, while furnishing oversight and guidance regarding effective service strategies and techniques, loss liability monitoring, and
claim litigation assistance Develop and implement the marketing and sales efforts of customer service team while tracking progress versus established internal and external benchmarks, providing disciplinary actions when necessary Construct customer service and
claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professio
claims team through effective staff hiring to aid in efficient operations and execution, delegating important tasks / assigments to line supervisors while providing branch - level guidance Aid in strategic planning and capital budgeting based
on improving operating efficiency and reducing service - related production losses, collaborating effectively with senior - level
management Maintain a strong working knowledge of important industry topics, company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and profe
management Maintain a strong working knowledge of important industry topics,
company programs and policies, and overall regulatory environment, including state - level responsibility for process changes in casualty / PIP Address important client and staff queries, resolving them in an expedited manner Lead through example with consistent work ethic, attitude and professionalism
Midwest Steel Blanking (Lombard, IL) 07/2004 — 08/2008 Director of Operations • Oversaw daily operations and
management of 40 employees including 2 project managers • Served as an advisor to the President
on all critical and strategic issues • Led presentations to banks, governmental agencies, potential investors, and large volume customers • Oversaw production, maintenance, quality control, and all other dealings with all outside vendors • Negotiated all insurance policies and contracts concerning account receivables and insurance related
claims • Developed the ISO 9000 quality manual and OSHA safety awareness programs, training, and documentation • Trained future managers of the
company in professional skills, managerial decision making, and business communications • Designed and implemented a new inventory control systems for managing raw - material and finished - goods • Ensured cost control limiting the direct expenses incurred and indirect impacts such as inefficiencies, downtime, and waste • Over a 3 year period, reduced the account receivables insurance premium from $ 55K to $ 13K / year • Renegotiated all other insurance contracts for better coverage and reduced premiums by 20 % • Reduced «outside parts manufacturing» cost by 50 % • Maintained the cost of all supplies at the 2004 levels • Instituted production reporting and operational data analyses for decision making • Reduced down time by 60 %, overall operation's cost by 4.5 %, and scrap generation by 3 % • Developed ISO 9001 quality manuals and handled external annual audits • Introduced safety procedures and training programs