Strong Revenue Gains for Selected Food Service Firms Signal Premium Audit Potential for Insurers
For certain sectors of the US hospitality industry, strong sales growth experienced between 1999 and 2003 offers insurance companies writing these business classes an opportunity for enhanced premium audit income, according to information released by MarketStance.MarketStance, the business information, insurance statistics and analytical services firm that specializes in the US insurance industry, reports that nationally stronger-than-average sales growth during the four years ending 2003 was experienced by ice cream, soft serve and frozen yogurt shops, along with bagel and coffee shops. The selected business classes experienced double-digit sales growth, ranging from 11% to 14%, while the number of new firms grew only modestly. Such business trends suggest that insurers underwriting these firms may find value in adjusting their premium audit activities and renewal/exposure estimates accordingly. Caterers and Casino Hotels also experienced strong sales growth of between 6% and 14% during the 1999 to 2003 period. Growth in the number of such accounts was also strong, at 5% and 7% respectively, signaling new business opportunities in these sectors of the hospitality industry.Sales forecasts for these business categories reveal slowing, but continued strong revenue gains.
The highlighted food service firms are expected to see growth in line with the projected industry average rate of nearly 8%. Casino hotels are expected to experience sales growth of 7%.
At the state level, in the fast-growing state of Nevada the highlighted business categories show even stronger historical and forecast growth.
Caterers and ice cream, soft serve, frozen yogurt shops, as well as coffee and bagel shops in that state are generally expected to sustain revenue gains in the double-digits.
Growth in the number of catering operations in the state, which showed solid gains between 1999 and 2003, is expected to slow significantly through 2007 even as sales gains of some 10% are forecast.Surprisingly, strong growth has also been experienced in Mississippi.
Historical sales growth for caterers and yogurt shops has exceeded 30%, while ice cream, bagel and coffee shops have recorded growth of between 15 and 18%. Forecasts are for strong double-digit revenue gains through 2007.
MarketStance integrates business demographic and insurance statistical information to provide market trend, exposure and profitability measures on more than 24 million U.S. businesses of all sizes to support market and operational planning and execution in the insurance industry. About MarketStanceMarketStance is a registered trademark of IntelliStance, LLC, located in Middletown, Connecticut.
MarketStance integrates economic and business demographic data with insurance statistics to provide an up-to-date resource for firms operating in the insurance market. The company additionally provides a highly skilled statistical and analytical consulting resource that is enhanced by an understanding and experience in insurance.Contact:MarketStance???Jeanne Hotchkiss????????????213 Court Street, 6th Floor????????????Middletown, CT
06457????????????860-704-6391888-777-2587??????????????????.
Diabetic Herbal Distributors Partners with an Innovative Technology Business to Help Solve Public Health and Environmental Issues
(ContentDesk) July 24, 2006 -- Third Day Resources at www.thirddayresorces.com
a corporation that distributes the effective diabetic herbal formula Combetic,
announces a partnership with Quest Innovations Research. The new partnership will help incorporate new natural alternative energy and agriculture technologies for providing the answers for
health and environmental crisis issues. Helping to solve the devastating effects of disease,
public health issues and the environment, Third Day Resources will continue to partner with effective developers of new life sustaining technologies in order to help solve the problems of mankind such as disease,
hunger,
poverty,
natural energy,
abundant water and the saving of our planet.According to Robin Roberts, President of Third Day Resources, Offering an alternative supplement for...
Health insurance > Diabetic Herbal Distributors Partners with an Innovative Technology Business to Help Solve Public Health and Environmental Issues
Holiday Health: Give Get-Fit Gifts
?Tis the season to celebrate -- and a time to eat! Most of us gain a few pounds during the holiday season. With family dinners, holiday parties and gift baskets loaded with goodies, who thinks of staying fit?Instead of giving a pyramid of chocolate, a basket of tempting treats or a bottle of bubbly this year, why not be different? Give your loved ones a Holiday Health Kit to start out the New Year right. With so many inexpensive or low-cost fitness products available, it's easy to combine several items into a customized Get-Fit Gift. Louise Roach, marketing director at SnowPack, a New Mexico-based company that manufactures ice therapy kits, has several suggestions:"If you have someone on your Christmas list who likes to walk or run, think of items like a pedometer, a gift certificate to your local running specialty store, energy bars, a water bottle, a portable CD player, books on stretching, sunscreen, and lip balm. Plus a SnowPack ice pack just in case they overdo it.
Put it...
Holiday Health: Give Get-Fit Gifts
Health insurance > Holiday Health: Give Get-Fit Gifts
Brownwood Acres Wild Blueberry Juice Concentrate, for Urinary Tract Health, Cancer Prevention, Alzheimer's Parkinson's, Huntington's Disease and Macular Degeneration.
Brownwood Acres Foods, Inc., a 60-year-old family business announces the sale of their Wild Juice Concentrate in Kroger stores throughout the midwest Blueberries are Nature's #1 Antioxidant Fruit. Blueberries emerged as the top antioxidant capacity fruit in a laboratory testing procedure called Oxygen Radical Absorbance Capacity - ORAC - developed by the USDA. ORAC is recognized as the definitive measurement of antioxidant capacity. One-half cup of blueberries delivers as much antioxidant power as five serving of other fruits and vegetables such as peas, carrots, apples, squash and broccoli. High levels of anthocyanin, a natural antioxidant, make
Blueberries powerful allies in the fight against aging, heart disease and cancer.Called "Miracle Berries" by Prevention, "Super Food" by Health, and "Fruit of the Year" by Eating Well, little blueberries are making big news.One tablespoon of Wild Blueberry Concentrate is equal to the juice from over 1 cup of fresh Blueberries..
Brownwood Acres Wild Blueberry Juice Concentrate, for Urinary Tract Health, Cancer Prevention, Alzheimer's Parkinson's, Huntington's Disease and Macular Degeneration.
Health insurance > Brownwood Acres Wild Blueberry Juice Concentrate, for Urinary Tract Health, Cancer Prevention, Alzheimer's Parkinson's, Huntington's Disease and Macular Degeneration.
Holiday Health: Give Get-Fit Gifts
?Tis the season to celebrate -- and a time to eat! Most of us gain a few pounds during the holiday season. With family dinners, holiday parties and gift baskets loaded with goodies, who thinks of staying fit?Instead of giving a pyramid of chocolate, a basket of tempting treats or a bottle of bubbly this year, why not be different? Give your loved ones a Holiday Health Kit to start out the New Year right. With so many inexpensive or low-cost fitness products available, it's easy to combine several items into a customized Get-Fit Gift. Louise Roach, marketing director at SnowPack, a New Mexico-based company that manufactures ice therapy kits, has several suggestions:"If you have someone on your Christmas list who likes to walk or run, think of items like a pedometer, a gift certificate to your local running specialty store, energy bars, a water bottle, a portable CD player, books on stretching, sunscreen, and lip balm. Plus a SnowPack ice pack just in case they overdo it.
Put it...
Holiday Health: Give Get-Fit Gifts
Health insurance > Holiday Health: Give Get-Fit Gifts
Diabetic Herbal Distributors Partners with an Innovative Technology Business to Help Solve Public Health and Environmental Issues
(ContentDesk) July 24, 2006 -- Third Day Resources at www.thirddayresorces.com
a corporation that distributes the effective diabetic herbal formula Combetic,
announces a partnership with Quest Innovations Research. The new partnership will help incorporate new natural alternative energy and agriculture technologies for providing the answers for
health and environmental crisis issues. Helping to solve the devastating effects of disease,
public health issues and the environment, Third Day Resources will continue to partner with effective developers of new life sustaining technologies in order to help solve the problems of mankind such as disease,
hunger,
poverty,
natural energy,
abundant water and the saving of our planet.According to Robin Roberts, President of Third Day Resources, Offering an alternative supplement for...
Health insurance > Diabetic Herbal Distributors Partners with an Innovative Technology Business to Help Solve Public Health and Environmental Issues