John Ritenour Explains Risk Management Systems to Avoid Liability

John Ritenour, a leading authority in risk management systems, recently spoke at the International Association for Financial Planning conference about the importance of risk management and how it can help to avoid liability. John has been an industry expert for over 10 years and is currently serving as President and CEO of John Ritenour & Associates. John began his speech by explaining that “risk management” means different things to different people because there are so many types of risks:

– Business Risk: Protects against financial loss or other business disruption

– Personal Risk: Protects individuals from unforeseen events such as illness, injury, or death

– Legal Risk: Protects companies from lawsuits where they may be found liable based on their actions or inaction

– Environmental Risk: Protects companies from being accused of polluting the environment

– Financial Risk: Protects companies by providing insurance to cover property loss or liability claims against them

John Ritenour also said that risk management covers two types of systems. The first type is an “administrative” system, which measures existing hazards and employee safety. The second type is a “prevention” system, which measures and manages risks to avoid accidents and injuries.

Before getting into either of these systems, however, John Ritenour stressed the importance of determining whether any risk management systems are even necessary for your company:

– Evaluate Current Conditions: Gather information on current conditions including past expenditures, losses, and lawsuits .

– Perform a Risk Analysis: Gather information on the type of risks your company is facing and which employees are impacted most. You can then determine what additional resources you may need to be included in your risk management system. These resources may include solutions such as loss prevention strategies, insurance policies, or employee training programs. Some companies, for example, require all employees to learn CPR.

– Formulate a Plan: Determine how much risk your company can afford and form a plan based on these results.

Fortress Investment Group Announces Its Management of Colony’s Non-Digital Real Estate Funds

Fortress Investment Group, a New York asset-managing organization, recently agreed with Colony Capital. Under their agreement, Fortress’ affiliates would become manager and general partner to the numerous CDCF funds.

They would also head other segments, including co-investment vehicles among other non-digital real-estate. With the level of experience, the workers at Fortress have, they have secured an opportunity to represent close to $2.7 billion worth of managed assets.

Within the agreement, the two participants agreed that Fortress Investment Group would acquire specific capital account roles in Colony’s non-digital real estate department. These included about forty workers posts in more than 100 properties across the US and Europe.

The transaction represented Colony’s sale of its remaining Other Equity and Debt (OED) portfolio. It had been categorized under discontinued operations as Colony anticipated its transition into a complete digital corporation.

Fortress offered the firm a lasting solution by resolving the remaining OED assets while also responsibly guiding CDCF investors. Fortress Investment Group remains a global investment guide that focuses on optimizing clients’ investment values. The combined Colony OED portfolio is diversified into several investment types, including junior debt, equity, and senior debt. There is an underlying asset category with multifamily, hotels, land, and office.

Its geography is spread out from Ireland, France, UK, Spain, and the US and the portfolios underlying sectors are securities, energy, and real estate. The Managing Director for Fortress Investment Group, Noah Shore, announced that they were thrilled with the win-win solution they had with Colony. He added that they aim to serve novel limited partners to develop themselves across the diverse portfolio.

About Fortress

Fortress Investment Group was established in 1998 started in New York. The corporation now manages more than$53.1 billion in assets for its private and institutional clients. Their consumer base is about 1,800 investors worldwide, dealing in various industries, including private equity, real estate, and credit to know more click here.

Ryan Kavanaugh’s  Business Ventures

Boxing is considered one of the oldest sports that many spectators delight in watching. One man in the entertainment industry has chosen to change the whole narrative about this game by employing technology and creating an application that taps into the sport. Ryan Kavanaugh is changing the digital advertising and the system of the boxing world. Through his hard work and business acumen, he has developed an application that caters to both parties. His application is beyond the given rules and regulations by having advertisements and videos that allow the boxers and the viewers to interact.

Ryan Kavanaugh’s application has garnered popularity recently, increasing the number of viewers and individuals downloading the application. In addition, the application creates a platform whereby users can create content and share it with other users. It includes music videos and other creative content that users can put up for entertainment purposes. The brilliant creative Ryan Kavanaugh is always looking for new ways of making things happen despite the challenges. He had seen opportunity because the boxing games never seemed to employ new ideas; the concept remained the same over the number of years. Ryan Kavanaugh saw an opportunity to revolutionize the boxing sport. In recent times he has signed deals with major companies to bring weekly events to the theatres.

It is believed that Ryan Kavanaugh gets his business skills from his father, who ventured into business by using his medical knowledge venturing into successful businesses that remain relevant to date. He saw an opportunity in the boxing world and chose to explore each aspect, with his ventures gaining popularity and expecting many developments in the future.

Follow Ryan on Instagram:http://Instagram.com/ryankavanaughofficial/?hl=en

 Marc Swanson Shares His Thoughts on the SeaWorld’s Financial Results for the First Quarter of 2021

Marc Swanson, SeaWorld’s CEO, recently talked about the company’s financial standings for the first quarter of 2021. He noted that the results were good even with the presence of the COVID-19 pandemic. That provided the management with great hopes for succeeding during the hard times.

According to the CEO, 2019’s first-quarter financial records had significantly improved compared to those of the similar period of 2021. He also noted that the great success came from the firm’s management using adequate strategies that would help the business to continue even during the pandemic. The administration introduced new prices and plans, which enabled the parks to get more guests who spent more whenever they visited.

In the first quarter of 2021, the firm launched more event days for the visitors in different company’s parks and established new parks. That introduced new ways for the firm to earn more revenue. SeaWorld’s CEO noted that there was an improvement in the number of people visiting the parks. Some of them got full within that period.

He also said that more people would have been visiting the parks if they hadn’t restricted the number of visitors, and the rest were still operating. There were more visitors in the various SeaWorld parks in 2021 than in 2019. The park’s management felt encouraged by the number of people who visited them and looked forward to better business opportunities during summer.

Marc hopes that there will be regular business operations at the parks as other places keep opening up. The SeaWorld management notes that although there have been several changes in the parks, it is possible to find other services to help the firm grow. Marc Swanson said that the management was looking for ways of doing business in the new normal, and the company will go back to its good old days.

More information: https://www.seaworldinvestors.com/investor-relations/default.aspx

How John Ritenour is Filling the Gap in the Sports Insurance Business

In the insurance industry, some individuals have proved to be very important in changing the dynamics of the entire sector and bringing some new innovations. These individuals are not interested in offering similar products that other insurance companies have been offering in the same industry. Instead, they have been highly focused on ensuring that they are delivering something different than other insurance companies are yet to offer into the market.

John Ritenour is the co-founder of the Insurance Office of America. This is one of the leading insurance organizations that have been in the industry for very many years. The company was founded in 1988, which means that it has been in operations for more than thirty years. Not very many insurance companies have been in the market for such an extended period, which clearly means that the company has been doing everything possible to lead in this market.

However, John Ritenour did not start this insurance company to offer similar products that other insurance companies were offering. It was his view that some major products and services were missing in the insurance industry. He also realized that all the employees working in the same business were facing some major challenges because their employers were not mostly focused on addressing the specific needs of such workers.

Over the years, John Ritenour has identified other major problems and gaps that have been existing in this industry. One of the gaps that he has already discovered is in the sports insurance sector. The insurance companies have not been working in this area as they have never been interested in business-to-business insurance services. However, the company is already working in this area and has been hoping to find consistent success in its industrial operations while offering services in some of the areas ignored for many years.

Original source to learn more: https://johnritenour.me/

Heath Ritenour Taking Reign of the Family Business

The insurance industry poses as a perfect niche for a lucrative career. John Ritenour delved into this specialty over 30 years ago to build a successful career. He leveraged his professional intuition to initiate the Insurance Office of America, a private equity firm that grew to carve an outstanding reputation. IOA swiftly augmented its global reach to encompass over 1300 team members and expand to nearly 60 locations. Heath Ritenour inherited his dad’s family business when he decided that he needed to retire. John Ritenour trusted his son to take on his footsteps and keep the insurance business alive. Although Heath loved the company, he was reluctant to take the reins as he felt totally inadequate.

Heath Ritenour thought of taking over the family business and saw him sketch up exciting and new ideas for bringing IOA into the present day. In addition to becoming responsible for over 500 families, he figured out how to keep the business legacy going. John Ritenour vetted his succession plan with in-depth knowledge to assure the company’s smooth transition to a new generation. Heath first ventured into IOA as an intern. During this time, he amassed valuable experience that was fundamental to his next position. His aspiration gradually grew as his vision for running the company from a different angle was documented.

Beyond his Chief Executive Officer role, he worked hard to build the business up and curate its reputation globally. Heath Ritenour played an integral role in initiating a generational transition within the company. He valued the input that his father had plunged within the insurance company. Additionally, the new chief executive officer streamlined the company processes by offering good deals. With far-reaching potentials, the Insurance Office of America tremendously grew under a father-son partnership. The businessman has managed the company correctly and understands customers’ perspectives and concerns.

Original source to learn more: https://heathritenour.medium.com

Miki Agrawal Pushing the boundaries

Miki Agrawal is a name synonymous with breaking taboos. Her dedication to Challenging the status quo has fundamentally changed American culture. Well, Miki Agrawal started her business journey with WILD, a gluten-free pizza restaurant in Newyork. It was modeled as a farm-to-table business and was the first in New York.

She went ahead and started THINX, a business that created reusable underwear for periods. Under this venture, she has been able to donate pads to Ugandan school girls.

Her recent project is Called TUSHY, another norm-defying business with environmental protection in mind.

All her businesses are geared towards addressing a dire need in the market, and it is no wonder her companies are now valued at over 200 million US dollars.

TUSHY’s Eco-friendly toilet

Tushy is a company that is trying to address the global sanitation problems. Miki Agrawal’s idea was borne from the fact that wiping yourself with toilet paper is ineffective. It can also cause health issues like UTI, yeast infections, hemorrhoids, anal itching, and anal fissures, to mention but a few.

Moreover, 15 million trees are felled in America to create toilet rolls, thus creating an environmental disaster.

TUSHY designed a Toilet paper alternative called Tushy Bidet, which is attached to the toilet. With such a unique product and in the middle Covid19 pandemic, TUSHY broke records and sold over one million dollars worth of products in a single day.

Mother and a wife

Miki Agrawal is a wife, a mother and is a twin sister to Daybreaker Radha Agrawal. She has been named among Inc. magazine’s “Most Impressive Women Entrepreneurs,” the World Economic Forum’s “Young Global Leaders,” and in “Most Creative People” by Fast Company.

Breaking the taboos

Miki Agrawal affirms that she “love love love” to question something and provide an excellent solution at the same time.

John Ritenour and Heath Ritenour IOA Sports Partners

The core of insurance is preparing, expecting, and covering risks. The Insurance Office of America has been looking for ways to protect such risks using a customer-centric approach. For years, the company has been supporting sports team roles by offering them customized partnerships and coverage. IOA’s segment of partnering with athletes has bloomed because of the Insurance Office of America’s modified care commitment.

IOA was founded in 1988 by John Ritenour, the father of Heath Ritenour, the company’s Chief Executive Officer since 2008. The company continues to provide guided support through hard work and determination. As a result, the insurance company continues to dominate the insurance industry.

Insurance Office of America’s Insurance Coverage for Major Sports Teams

Insurance coverage for sports teams is complicated. According to John Ritenour, football is a risky sport even though all sports have potential complex issues and drawbacks. To cover sports’ potential concerns and dangers, insurance experts need to honestly know the team to help them get the proper coverage. In addition, an insurance expert has to know everything going on in the business, or they might miss important things.

John Ritenour notes that you have to think of the worst circumstances in the insurance industry. To do that well, you have to discover blind spots and hideous risks and educate your clients on the risk. Then leave them the decision of acquiring a policy cover for the risk or not. The work of insurance experts is to sell policies and ensure customers are aware of potential risks.

At the end of the day, if a sports team wants to acquire full coverage, it’s the work of an insurance agent to get them the right policy to cover every significant angle. The current challenge most teams are going through is a result of covid-19 and concerns like concussions. Sports teams have to go through the available coverage and choose the best with the help of an insurance agent.

James Gutierrez Works To Find The Wealth Gap

The coronavirus pandemic has exacerbated certain societal issues, and in particular the wealth gap the United States has contended with for generations. Innovator James Gutierrez has spent a massive portion of his career working to narrow this gap.

As of this writing, the Federal Reserve estimates that the richest 1% of Americans possess roughly a third of all financial wealth. The richest 10% bring in twice as much as the poorest 90% earn put together. It can be claimed beyond a reasonable doubt that wealth inequality has reached threatening levels. In the meantime, the 400 richest people in America in 2018 paid less than 29% in income taxes on average. Facts like this explain why people like James Gutierrez are saying that the system is broken.

To begin fixing the system, James Gutierrez has proposed implementing a so-called “middle-up” push. To begin with, companies capable of providing improvements to the status of low-income homes should do so. Lobbying for permanent and effective changes in regulations and law is another step in the right direction.

Gutierrez explains how it’s actually become expensive to be poor. Those who aren’t fortunate enough to have excellent credit are often subjected to unfairly high interest rates, unbalancing the degree of hardship experienced throughout society. To counteract this dilemma, Gutierrez and companies he’s tied to have used groundbreaking technology to provide credit scores for the underprivileged. He also presided over the implementation of low-interest loans in poor areas to reasonably encourage financial stability.

Another project that’s in the works is mobile technology geared towards providing insurance to those who can’t currently afford it.

Gutierrez recommends increased transparency in the business world. Companies which are doing good and helping the public stand to benefit themselves by making the knowledge of what they are doing more accessible.

Learn more about James: https://www.crunchbase.com/person/james-gutierrez

We Can Help You Identify, Apply, And Access Government Funding, Grants Assist Tells Entrepreneurs

For several years, the Australian government has issued billions of dollars in grants to local entrepreneurs, businesses, non-profit organizations, and startup ventures. The aim is to see those businesses thrive. One company, Grants Assist, is also playing an important role. From its name, it is evident that Grants Assist aims at ensuring the right individuals and organizations access the right funding from the government. Through a recent press statement, Grants Assist congratulated the few Aussies who are stepping up to get what rightly belongs to them from their government. However, Grants Assist complained about the low turnout of those seeking government funding yet the government allocated sufficient funding for various groups.

“We are happy that many people are now getting to know how the government can help them in their businesses. Each year, we see a rise in the number of those visiting our offices to acquaint themselves with the various grant options given by our government. However, there’s one thing that is of a major concern to us – the number of those who want the grants is still low,” said Grants Assist. According to the organizations, although the government sets aside billions of dollars each year for various startups, only a handful of such startups show up. In the same statement, Grants Assist continues to show a few grant options the government provides.

Some of the grants available include business grants, non-profit grants that are meant for non-profit organizations, industry-specific grants and startup grants aimed at helping promising startup ventures that either fail to secure liquid funds or are stuck because the demand exceeded their budget. To help organizations and individuals acquire the right funding from the government, Grants Assist helps in the primary application, preparation of the necessary documentation, consultancy in understanding the various parts of the application procedure, and accessing the funds.

https://australiangrants.org/grant-applications/