Sunday, October 13, 2019
Ringler Associates Essay -- Business, Customer Service
Ringler Associates is the worldââ¬â¢s oldest and largest settlement annuity firm. Created by locally based experts providing personal service, the company has offices in major litigation centers in the U.S., and in London. From its founding, Ringler Associates took the partnership approach to building a team of professionals. Therefore, every Ringler Consultant is an independent owner and thus highly motivated to exceed customer expectations. This tradition of independence and entrepreneurship has inspired numerous innovations at Ringler, including the incorporation of various types of trust concepts in the structured settlement proposal. Ringler consultants also pioneered the use of sophisticated damage analysis and life care plans in structured settlements, which better define both the needs and costs for the injured personââ¬â¢s future care. From its founding, Ringler Associates took the partnership approach to building a team of professionals. Therefore, every Ringler cons ultant is an independent owner and thus highly motivated to exceed customer expectations. Structured settlements are a Life Insurance product. Structures pay out to claimants as do annuities, in a payment stream. The difference is that these annuities are only available to parties that have been injured in a personal injury accident or a workersââ¬â¢ compensation accident. The key component of a structured settlement is that all of the interest that is earned is NOT taxable; this is different than most investments which are tax differed. Ringler is the 800-pound gorilla in the structured settlement industry. Within Ringler, there are 60 offices in the major metropolitan cities with 130 brokers across the country. There are an estimated 400 brokers total in the indu... ...ofitability to drop to kick the board into gear. Ringler needs to be proactive and not reactive. Innovation moves to fast to be reactionary. I have setup a meeting with the board, details of which I shall not bore you with, but it was an incredible arduous process. I am going to make very near the same presentation that I gave in class. Of course, I will leave out the part about the ââ¬Å"borgâ⬠. I will present to the board that Ringler needs an innovation team. One that is made up of the people of Ringler for the people of Ringler. If I present the team in a way that will not threaten the board, I believe I can get it passed. As you said, to change the culture of a company is a very hard thing to do. I feel with the skills and ideas that I have learned in this class, I will try to be proactive and effect change on inertia before Ringler enters the death rattle. Ringler Associates Essay -- Business, Customer Service Ringler Associates is the worldââ¬â¢s oldest and largest settlement annuity firm. Created by locally based experts providing personal service, the company has offices in major litigation centers in the U.S., and in London. From its founding, Ringler Associates took the partnership approach to building a team of professionals. Therefore, every Ringler Consultant is an independent owner and thus highly motivated to exceed customer expectations. This tradition of independence and entrepreneurship has inspired numerous innovations at Ringler, including the incorporation of various types of trust concepts in the structured settlement proposal. Ringler consultants also pioneered the use of sophisticated damage analysis and life care plans in structured settlements, which better define both the needs and costs for the injured personââ¬â¢s future care. From its founding, Ringler Associates took the partnership approach to building a team of professionals. Therefore, every Ringler cons ultant is an independent owner and thus highly motivated to exceed customer expectations. Structured settlements are a Life Insurance product. Structures pay out to claimants as do annuities, in a payment stream. The difference is that these annuities are only available to parties that have been injured in a personal injury accident or a workersââ¬â¢ compensation accident. The key component of a structured settlement is that all of the interest that is earned is NOT taxable; this is different than most investments which are tax differed. Ringler is the 800-pound gorilla in the structured settlement industry. Within Ringler, there are 60 offices in the major metropolitan cities with 130 brokers across the country. There are an estimated 400 brokers total in the indu... ...ofitability to drop to kick the board into gear. Ringler needs to be proactive and not reactive. Innovation moves to fast to be reactionary. I have setup a meeting with the board, details of which I shall not bore you with, but it was an incredible arduous process. I am going to make very near the same presentation that I gave in class. Of course, I will leave out the part about the ââ¬Å"borgâ⬠. I will present to the board that Ringler needs an innovation team. One that is made up of the people of Ringler for the people of Ringler. If I present the team in a way that will not threaten the board, I believe I can get it passed. As you said, to change the culture of a company is a very hard thing to do. I feel with the skills and ideas that I have learned in this class, I will try to be proactive and effect change on inertia before Ringler enters the death rattle.
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