CEO of MemorialCare Hospitals in Long Beach, Resigns to Focus on Health
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Unfortunately, we see key executives fall ill to health conditions daily. News stories like Diana Hendel's provide clear reminders of the importance of thorough disability planning, both for the corporations that employ key executives, as well as for the individuals and their families. In a period of time where highly esteemed hospitals and prestigious medical groups are racing to get "scale" to compete, we must consider how to protect a hospital's key executive, as well as their line-up of top tier surgeons driving the success, reputation and revenue of their organization. For advisors working with hospitals and medical groups, Exceptional Risk Advisors' designs and executes corporately owned Key Person Disability insurance with benefits payable to the hospital in excess of $150,000 per month, protecting their most critical executives and top earning surgeons. When designing an insurance strategy for high earning individual clients, have you taken the time to discuss how they can protect their families, their lifestyles, and their ability to earn a substantial income? With the authority to deploy High Limit Disability Income benefits far exceeding the maximum monthly benefits offered through traditional disability markets, consider your client base. Perhaps you have a highly compensated CEO, a world renowned surgeon, an ultra-successful entrepreneur, or a professional earning a $1,000,000+ paycheck! It is these individuals who require an exceptional approach. Call Us to Discuss Your Exceptional Clientele Today! LLOYD'S 2014 ANNUAL RESULTS Lloyd's is pleased to report a US$4.9billion profit for 2014, with a return on capital of 14.7%. These are strong results, achieved against a backdrop of challenging conditions - abundance of capital, low interest rates and other challenges facing our industry globally. Lloyd's financial strength ratings remain strong with AA- (very strong) Fitch, A+ (strong) from Standard & Poor's and A (excellent) from A.M. Best. Lloyd's is currently on positive outlook with A. M. Best. The Lloyd's Chain of Security which provides excellent financial security to all Lloyd's policyholders, is stronger than ever. Lloyd's capital and reserves remain robust and have increased by 11.2% to US $41.7bn. In the US, Lloyd's grew by 15% (to US $9 billion) in E&S and 2.8% (to US$5.3 billion) in Reinsurance. Including Canada, these segments and their licensed platforms in Illinois, Kentucky and the USVI contributed 44% of Lloyd's global premium last year. To find out more about Lloyd's 2014 Annual Report, please click here: www.ExceptionalRiskAdvisors.com/LinkToLloyd'sAnnualReport Update on Global Pop Punk Princess, Avril Lavigne. In our December 2014 Newsletter we shared the story of Avril Lavigne reportedly suffering from unknown health issues. Recent headlines have disclosed that Ms. Lavigne has been diagnosed with Lyme Disease, from the bite of tick back in the spring of 2014. Ms. Lavigne was feeling ill and exhausted for months before she learned it was from the disease. She's now on her way to a full recovery, and is happy to report she is feeling 80% better! |
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