Bridgeforce Analysis Essay
Don't panic when your instructor tells you that you need to write an analysis! All he or she wants is for you to take something apart to see HOW it works.
To write an analysis, you need to think about how each part of something contributes to the success of the whole.
Caution! Make sure that you're NOT just summarizing the original article, story, novel, poem, etc. Go beyond simply telling us WHAT you are talking about: describe HOW and WHY its elements function.
Specific Information for Analyzing Literature
Summarizing = WHAT
Analyzing = HOW & WHY
When you think about analysis, try thinking about how you might analyze a car.
- Ask yourself: What do we want the car to do or accomplish?
- Answer: (minivan) “provide transportation for my family”
- Analysis: how does each part of the van achieve this goal?
- Example: gasoline powers the engine
- Answer: (sports car) “speed, agility, and style”
- Analysis: how does each part of the sports car achieve this goal?
- Example: light-weight construction enables speed
Investment Executive | CAILBA panel spotlights growing compliance burnden
Posted May 17 2013by BRIDGEFORCE™ in Compliance News, Industry News, News Archive
MGAs should consider conducting annual reviews with advisors, panelist says. Insurance companies are urging managing general agencies (MGAs) to more closely monitor the advisors they contract with, in order to ensure bad apples in the industry aren’t slipping through the cracks. At the Canadian Association of Independent Life Brokerage Agencies (CAILBA) annual meeting in Toronto, a panel of insurance executives …
BRIDGEFORCE | Compliance News (April 2013 Issue #4)
Posted Apr 19 2013by BRIDGEFORCE™ in BRIDGEFORCE™, Compliance News, Important Information, News Archive
FINTRAC requires that every reasonable effort is made by Life Insurance Companies, MGA’s and brokers to obtain information and keep records related to: Third party determination Politically exposed foreign person (“PEFP”) determination Beneficial ownership information for corporations and other entities Not-for-profit information Insurance companies are required to obtain this information however, it has come to our attention that some applications …
BRIDGEFORCE | Compliance News (March 2013 Issue #3)
Posted Feb 26 2013by BRIDGEFORCE™ in BRIDGEFORCE™, Compliance News, News Archive
As an independent advisor, you are required to have an Anti-money Laundering (AML) compliance regime. Recently, advisors and MGAs have been examined by FINTRAC (Financial Transactions and Reports Analysis Centre of Canada), to determine their compliance with The Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and its regulations. In order to assist you in this process BridgeForce …
FSCO | Insurance Agents e-Newsletter (June 15, 2012)
Posted Jun 19 2012by BRIDGEFORCE™ in Compliance News, Industry News, My Practice, News Archive
In this issue: New rules for selling funeral insurance CCIR position paper on MGAs distribution channel RSS FCSOs news on demand Full issue
Investment Executive | Regulator to Review Client Relationships
Posted Jun 19 2012by BRIDGEFORCE™ in Compliance News, Important Information, Industry News, News Archive
FSCO to examine how life agents make client recommendations The financial services Commission of Ontario wants to know more about what life insurance agents tell their clients during the sales process. In a draft of its Statement of Priorities and Strategic Directions for 2012, Toronto-based FSCO has said it will review market conduct to “determine how the life insurance industry is …
MGAs Speak Out on Regulation
Posted May 11 2012by BRIDGEFORCE™ in Compliance News, Industry News, News Archive
Originally published on Advisor.ca Canada’s insurance industry isn’t shrinking from the proposal for a closer regulatory oversight. But key stakeholders say lots remains to be done to fulfil the regulators’ mandate. “CAILBA and the MGA community at large will have to work diligently to ensure that their contractual obligations to insurers fairly reflect the objectives of regulators,” says Paul Brown, president …
Insurance Industry Welcomes Regulatory Shift
Posted May 10 2012by BRIDGEFORCE™ in Industry News, News Archive
Originally published on Advisor.ca The Canadian insurance industry appears to have taken in stride the prospect of closer oversight, as proposed in the position paper submitted by the Agencies Regulation Committee (ARC) of the Canadian Council of Insurance Regulators (CCIR). The CCIR has done an excellent job of taking the feedback that was provided to them and identifying the issues managing …
Tighter Regulation for Insurance?
Posted May 9 2012by BRIDGEFORCE™ in Compliance News, Industry News, News Archive
Originally published on Advisor.ca Canada’s insurance regulators are considering closer oversight of the relationship between carriers and managing general agencies (MGA). While the industry has taken steps to govern itself, it may not be enough to stave off closer regulatory supervision.
Insurers Responsible for Agents
Posted May 8 2012by BRIDGEFORCE™ in Compliance News, Industry News, News Archive
Originally published on Investment Executive The final verdict on the role and responsibilities of managing general agencies (MGAs) is out. It’s up to insurers, not MGAs, to supervise the conduct of agents selling prodcuts on their behalf. The recommendation is one of five the Canadian Council of Insurance Regulators (CCIR) outlines in its final position paper entitled The Managing General Agencies …
Sun Life | New Version of the MGA Broker Commission Schedule Available Soon
Posted Apr 27 2012by BRIDGEFORCE™ in News Archive, Sun Life, Supplier Company News
A new version of the MGA Broker commission schedule will be available on Sun Life Financial (SLF) advisor site effective June 1, 2012. The new version includes the following changes: First year commission – Effective June 1, 2012, SLF reserves the right to pay first year commission on an earned basis, as premiums are paid, rather than on an annualized …