Four experts in risk mitigation and financial strategy give their key steps and approach to managing risk. Presented as part of Rising Tides Alliance Business Networking Group

1. Managing Risk in
Business & Life
Key insights into how you can protect and preserve what is
important to you in life and business
RISING TIDESALLIANCE
Business Networking
Presents
Tuckahoe, NY May 14th, 2014

2. Presenters
Linda Rey
Co-Owner
Rey Insurance
Amir Asadi
Financial Representative
Northwestern Mutual Financial Network
Jim Newhouse
Owner
Newhouse Financial & Insurance Brokers
Camillo Monaco
Supplemental Benefits Consultant
Aflac

3. Linda Rey
1. Why Is Insurance Expensive
Insurance costs are directly related to the profitability of the industry
• Variable claims (increasing catastrophic claims)
• Investment Returns (declining mutual fund returns)
• Reinsurance Capacity and Cost (mounting global catastrophic claims trickle down and
affect the insurance Insurance Companies buy)
2. Good News
You should want to buy insurance for 3 reasons
• Leverage
• Insurance pays a large lump sum payable to you
• Liquidity
• You transfer the risk in protecting your assets’ value
• Lawyers
• Insurance companies provide you with a lawyer to protect against claims and thereby protect both
the company and your risk of damages (especially if those might otherwise exceed your coverage)
3. Pay Attention and Take Responsibility
• Review your insurance regularly
• Discuss with your agent ways to maximize opportunities to protect and save
• Know how your financial foundation will keep your household and family safe

4. Amir Asadi

5. Jim Newhouse
Strategies for Building and Protecting Wealth
1. Create an offensive and defensive strategies to build and protect your wealth.
• People tend to do piece meal planning when a perceived problem comes up, w/o
coordinating all the products previously put in place.
• It is important to do periodic comprehensive reviews to cover all the bases and minimize
waste and inefficiencies.
2. Ask yourself 'What's important about money to you?
• Whatever the answer is, what's important about that answer to you? Examples are living too
long, dying too soon, college funding…
• Do this 3 times and discover what is truly important, so that you can plan according to your
critical areas of concern.
3. Make a 1-3-5 year game plan and implement the plan! Most people don't have the
resources to plan and pay for everything all at once.
• By having a game plan and periodically reviewing what's going on, there will be less stress and
a better clarity about how to plan for your future, while reducing risk exposures.
• Examples include: get life insurance for spouse, set up long term care plan, get key person or
buy/sell life insurance.

6. Camillo Monaco
Enhance the value of your employee benefit package—
without additional increase in cost to you.
Help give your employees additional financial protection under our wing
1. Workers’ Compensation
• Mandated and calculated by your state
2. Major Medical
• Workers’ Compensation and Major Medical Plans help protect your employees in the event of an accident or
illness. But, they don’t cover the costs of everyday living expenses.
3. Aflac Policy Benefits
• Aflac Insurance Policies pay a cash benefit in the event of an unforeseen accident or illness, which can help
your employees pay for things like travel and treatment costs. Or help with other expenses like rent,
mortgage, and utility bills. It’s a value-added benefit that your employees will appreciate.
And one that doesn’t come at an additional cost to your company
The benefits of Aflac policies don’t stop there—they can:
• Give your employees the ability to directly receive and manage benefit checks, unless assigned.
• Attract and retain good employees.
• Provide potential tax savings when made available under
a cafeteria plan.
• Help employees with out-of-pocket costs and possibly mitigate the need for a salary advance or company loan.
• Enhance the value of benefits into retirement, because Aflac policies are portable.
Managing Health
Risk Workers
comp
Major
Medical
Aflac
Benefits
Policy

7. Contact Info
Linda Rey
The Rey Insurance Agency, Inc.
LIFE * AUTO * HOME * BUSINESS
219 No. Broadway
POB 845
Sleepy Hollow NY 10591
P: 914-631-7628 ext. 303
F: 914-631-7409
http://www.reyinsurance.com/blogs/
It’s Our Policy to Treat You Like Family SM
Amir Asadi
Northwestern Mutual Financial Network
50 Main St., Suite 1520
White Plains, NY 10606
O (914) 367-0920
F (914) 681-6024
Amir.Asadi@nm.com
Jim Newhouse
NEWHOUSE FINANCIAL & INSURANCE BROKERS
Providing Insurance & Risk Management Strategies since 1980
800 Westchester Avenue, Suite N409
Rye Brook, NY 10573
(w) 914-288-8829• (f) 914-288-8803 • jnewhouse@newhousefinancial.com • visit us at
www.newhousefinancial.com
PERSONAL INSURANCE • BUSINESS • AUTO • LIFE • GROUP HEALTH • LONG-TERM CARE • ESTATE PLANNING
Camillo Monaco
Supplemental Benefits Consultant
Aflac
(914) 393-5228
camillo_monaco@us.aflac.com

8. Rising Tides Alliance
Rising Tides Alliance, based in Westchester County, NY, is a networking
organization that believes networking should be more than handing
out a business card. We are givers in the true sense. The true giver
knows that giving is the tide that raises all ships, that it allows you to
be a person of value to others while doing very well for yourself.
• www.risingtidesalliance.com
• Monthly member business to business networking
• Meets monthly (2nd Wednesday) at The Old Stone Mill, Tuckahoe
• Monthly small group or one-on-one facilitated networking
• Business Growth Programs in Sales and Key Business Issues
• Member Expert Panels
• Membership Info Contact:
Perry DiNapoli 914 804-6234 perry@antonees.com