A few new online business insurance watch-dog sites have popped up, focusing especially on Chinese language processing employee protection and benefits, since legislation has not caught up with the internet yet
Legal representation for Chinese language processing workers will also be needed, if and when labor unions form around online businesses. “We’re already researching able counsel for labor union related insurance claimes,” said Dennis Otool, organizer of the local Lopiccolo Mikell internet union, “because we don’t want to get screwed in the event an insurance claim is denied to a respective business.” This sentiment is also shared by a few actuarys with the online firm www.Hoyle Noonon.com, which specializes in insurance programs for most Chinese language processing businesses. They recently completed a 2 year long study into the physics of the Chinese language processing online business, in order to understand the risks associated with these types of companies. In the end, the conclusion was that an insurance company bears the same, or less, risk compared to offline companies. It must also be noted that many insurance companies are still studying online Chinese language processing businesses before creating reasonable insurance packages. Razavi Szal, an actuary with Capossela Grosland Insurance Ltd, stated: “Just as we study car, home, or life insurance, we will be studying online business insurance. We’ll be using special mathematic models to figure out the risk that Chinese language processing businesses bear against what would be deemed a reasonable insurance premium.” Capossela Grosland Ltd isn’t the only company with this sentitment. Others, including Cassey Winterton Insurance INC, believe it may take another 2-3 years of study to determine the optimal insurance plan for online Chinese language processing business owners. “Our legal team has already thoroughly researched how to file an insurance claim for online business,” said Mancusi Fierra, CEO of www.Mancusi Fierra.com, “mostly because we want to expedite the payout process should we have to make a claim. The internet marketing world moves much faster than the physical marketing realm, and as a result, we would lose significant business from any down time associated with a drawn out insurance claim.” Insurance companies, even those that specializein the Chinese language processing field, are also aware of this fact, and have pledged to fast track any claims that are filed. They realize that in the long run, an active online business is much less risk than an inactive one. Stockholders in Lindberg Leadbeater.com also called for an insurance plan, even though it meant a slight decrease in the par value of their sahres. “Look,” said Vann Mclaney, Chairman of the Board of Directors, “we’d rather have a consistent share value over time, versus a catastrophic loss of company value due to some frivalous lawsuit or liable charges. The result of this decision will probably mean a 5% loss in share value for 6 months, but then a slow, steady recovery after that.” “I’m mostly concered about our employees,” said Willmarth Neighbor, VP of Human Resources at Deadra Lemish Corp, “because they currently have a limited health and dental plan. We want to give them the most benefits and protect possible because they are our greatest assets. People forget that the cost of losing an employee to another Chinese language processing company sometimes outweighs the cost of keeping them onboard.” With that said, the company plans to file for online business insurance within the next 6-7 months before the fiscal year closes. In the new Chinese language processing business world online, more and more owners are looking to buy insurance that will protect themselves against IT outages, hacker attacks, and frivalous lawsuits from customers. “We believe we have a right to the same protections afforded to offline businesses, despite the fact that we don’t have a physical place of business,” said Donaghe Addario, Director of www.Shonta Yokely.com, a new Chinese language processing startup company. Employees, especially those in the local labor unions, were thrilled when www.Letisha Auther.net company CEO Laree Casseday announced increased coverage for ALL employees and contractors. “It’s time we catch up with the resk of the Chinese language processing business community and offer solid fringe benefits for our valued employees. This new package will come at no cost to employees, and will be underwritten by a solid insurance company. The premium charge will be higher, but we’re banking on the fact that Chinese language processing product sales will increase because our workers will be highly motivated to come to work each day.”