Business Analysis : Westland Insurance

Office Space is a modern, Hollywood-driven adaptation of Herman Melville’s 1853 short story “Bartleby.” It revives Melville’s story by imagining modern equivalents for the major themes and characters of the original. Whiling comparing the works of Office Space and “Bartleby”, many similarities and differences are shown. Although years passed between the creation of the classic short story and the film, they both possess similarities in plot, theme, and character development.

Effective February 7, 2013, SeaBright Insurance Company (“Seabright”), a Seattle-based insurance company specializing in workers compensation, entered into run-off. In 2012, Enstar Group Limited (“Enstar”), a run-off specialist, purchased SeaBright. SeaBright continues to manage existing claims but no longer writes new or renewal business, which means that premium activity has slowed down. In 2015, a major change occurred when all of SeaBright’s net liabilities (i.e. loss reserves associated with its prior workers comp business) were shifted to an Enstar affiliate, Clarendon National Insurance Company, through a reinsurance agreement. Circumstances that led the company to run-off: SeaBright was placed into run-off driven by weakened underwriting performance associated with reserve strengthening actions for accident years 2007 through 2009, primarily related to increasing medical cost trends. Additionally, SeaBright was facing marketplace challenges associated with its geographic and coverage lines expansion. Seabright has had to deal with significant pressure from its workers comp book developing adversely year-over-year and having to liquidate investments to satisfy claims and expenses. The reinsurance contract with Clarendon did provide major relief but SeaBright still remains a going concern and without premiums coming in and asset base rapidly shrinking, its solvency status as an insurance company remains questionable. The key now is to track the level of credit risk

Premier Protective Service(PPS) is a security company that provides high quality service to all its vendors who needs expert services that meets their demands. PPS provides Three different services for different occasions. Some of the services are event staff, unarmed security, and armed security. Those are some very important services today.

Jason Fried argues that bringing people together to work in the same physical location creates distractions that inhibit individual employees’ ability to get their work done. Mr Fried’s identifies managers and meetings as a main cause of distraction in the workplace, but face to face communication is the real focus of his argument. Meetings and managers often interrupt employees from the task that they are working on. Employees have little or no control over when these interruptions will take place. After these interruptions, individuals have to reset their train of thought after the interruption, which then adds to the amount of time required to complete the task that they are working on.

Once again, goal-oriented behavior should be applied. This method will help motivate the workers, which will be beneficial for both individuals as well as the company. Also, connecting workers inside groups will help increase performance and as a result motivation. Since the current environment is a Theory X one, workers are in a controlled environment, with a highly structured system. This, according to the theory of interpersonal competence, is causing individuals to maintain only superficial relationships, and as a result not fulfilling their self-esteem and social needs. If management is encouraged to promote group work, workers will have to interact

The observation of social actions and their effects in the work place are covered throughout sociology. Specific examples can be seen in the movie, “Office Space” directed by Mike Judge. Several theories that can be observed throughout this movie are Strain Theory, Dysfunction of Bureaucracy and the use of primary groups.

At my setting where I work we always try to work as team and it is a big help for each other, meaning for ourselves. All colleagues needs help all the time but they won’t ask for it all the time I think where ever we work we need to think about other people’s needs this is how they will understand your needs and someone will help you when you need help.

“Social skills are particularly important in team settings because working in teams increases the interdependence among workers, typically producing greater conflict, workload sharing, and coordination demands than work that is performed independently...”

Workspace Rough Draft     Today, roughly half of the workers are unsatisfied with their work environment. Contrary to popular belief, work environment plays a crucial role in assisting the worker. By putting workers in different settings, scientists observed a change in performance, focus, or teamwork. Although science convinces its audience with experimentation, Mirvis argues that many influential writers used the comfort of their bed to write (Mirvis 22). Each comes to the conclusion that people are more adapt to choosing a workplace that suits their needs.

3.) Strong presence in high margin health services business. In addition to UnitedHealth Group’s leadership position in the health benefits market segment, UnitedHealth Group has strong information and technology based health services platform through its business segments which is Ingenix, OptumHealth and PrescriptionSolutions. The “CNN MONEY” (2012) website states Ingenix is one of the largest health information, technology and consulting companies in the world. The UnitedHealth Group derived $2.3 billion of revenues from Ingenix which contributed $284 million (excluding $200 million in goodwill impairment and business line deposition charges) of operating profit, and an operating margin of 12.1% during FY2010.

The services Metropolitan Casualty Insurance Company offers include annuities, life insurance, auto insurance, dental insurance and home insurance, according to MetLife. Others services include individual retirement arrangements (IRAs), mutual funds and brokerage and disability income.

1. A summary of your understanding of health care business analyses. In your own words, why is it important? What does it entail?

Mutual cooperation and equal loads of work among colleagues can help improve partnership working as well.

This Report is bases in the movie The Intern – Myers, Nancy (Producer & Director). (2015). The Intern [Motion picture]. United States: Warner Bros. Pictures. The film is based on retired 70-year-old widower, Ben Whittaker, who is bored with his retired life. He applies to be a senior intern at an online clothing site and ends up getting the position. The founder of the company is Jules Ostin, a tireless, driven, demanding, dynamic workaholic. Ben is made her intern. She doesn't intend to give him work due to her lack of confidence in his capabilities. However, Ben proves to be quite useful and, more than that, a source of support and wisdom. The following report discusses varying factors that contribute to organizational behaviour; which is a consciously coordinated social unit made up of a group of people work together on common goals who function on a relatively continuous basis.

In the next five years, increased interest rates and increased investment in new activities will promote the vehicle insurance industrial.