Insurance Academy
ΚeyStone is the stone, which ensures the stability of particularly difficult structures, such as that of an arch or an arched structure, where the nature of its construction, classifies it as one of the most difficult structures.
So KeyStone for Corporate is the algorithmic computing model that promises to do exactly what the architectural keystone does:
To ensure the financial planning of the Corporate, so that it is solid and can withstand, in any sudden risk.
Problem
Corporate damage can occur out of a human mistake, a natural cause or a humans malignant intension causing from negligible to critical damage that hurt reputation, cash flow, strategic targets or the market share.
Even the most conscientious entrepreneur can stumble into unforeseen circumstances or just be in the wrong place at the wrong time.
A significant percentage of entrepreneurs do not know that for risks that threaten their business, there is corresponding insurance cover.
Corporate Social Responsibility
The discontinuation of the operation, for a short or long term, has financial consequences that have social consequences.
Businesses work with people, with families based on them. Loss of work means loss of income. The reduction of spending power affects the whole society.
The company has a responsibility both to employees and to the environment and any disruption of its smooth operation, adversely affects both.
Insurance restores any damage but…
Solution
Corporates are usually insured for trivial many rather than vital few.
While the Individual Risks / Needs Analysis is Essential and Required (IDD) mainly because it is connecting the risk to the right cover, the corporate risks that are more complex, are usually insured with out an overall risks / needs analysis process that could ensure the viability of the business.
Advantages
KeyStone is an Insurance Risk Analysis that can shield the corporation against any unpredictable danger and become a vital part of a Business Plan, ensuring Business Continuation, letting the stakeholders know that their best interests are properly covered.
Product
1. As a billing platform, the user can be a (Re) Insurance Company, a Corporate Banking Department, or an Insurance Agent.
2. As a product, every average size and above corporation that wants to include in its Business Plan the Insurance Risk Analysis, could be the byer of the study.