JJ....it's possible we are both right. It is
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Posted On: 08/29/2019 11:04:06 PM
JJ....it's possible we are both right.
It is no secret that things have not worked out the way we wanted over the last year or so. We can all see the PPS and our account balances. Dealers did not "sell" our products as we thought they would. Some PLs did not work out. People didn't want to pay to put their phone down. What I kept hearing was that our products might not sell without new laws and/or Insurance Company involvement.
Many have noted the many new laws on the books. And, recently Mr Berman announced that our products were Compliant with Insurance Industry requirements/specifications. That was extremely important news.
That seems to have opened the doors for meetings with Insurance Companies. We know they like the products enough to order testing. We think testing will show that our products work. Share trading volume has been "up" recently. These products have enough promise to offer that some form of sale or partnership could be a Win/Win for all parties. Data indicates that Insurance Industry annual claims/liabilities are over $100B, Avoidance of just 1% of these claims could be worth over $1B annually. WOW, I wonder how many programs they have that are worth $1B a year???
So JJ, I just hope to right SOON. Go ONCI
It is no secret that things have not worked out the way we wanted over the last year or so. We can all see the PPS and our account balances. Dealers did not "sell" our products as we thought they would. Some PLs did not work out. People didn't want to pay to put their phone down. What I kept hearing was that our products might not sell without new laws and/or Insurance Company involvement.
Many have noted the many new laws on the books. And, recently Mr Berman announced that our products were Compliant with Insurance Industry requirements/specifications. That was extremely important news.
That seems to have opened the doors for meetings with Insurance Companies. We know they like the products enough to order testing. We think testing will show that our products work. Share trading volume has been "up" recently. These products have enough promise to offer that some form of sale or partnership could be a Win/Win for all parties. Data indicates that Insurance Industry annual claims/liabilities are over $100B, Avoidance of just 1% of these claims could be worth over $1B annually. WOW, I wonder how many programs they have that are worth $1B a year???
So JJ, I just hope to right SOON. Go ONCI
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