Cooperative Insurance policy Definition

Cooperative Insurance policy Definition

What Is Cooperative Insurance? Cooperative (or co-op) insurance is a type of property-casualty insurance for owners of co-op apartments (or other cooperative organizations). These policies generally cover losses to their building or individual units. For residential co-ops, this type of coverage includes burglary, fire damage, and liability, among others. Generally, a co-op building provides coverage for common areas

Building Occupancy Protection Exposure (COPE): Definition

Building Occupancy Protection Exposure (COPE): Definition

What Is Construction Occupancy Protection Exposure (COPE)? Construction Occupancy Protection Exposure (COPE) is a set of risks that property insurance underwriters review when determining whether to offer an insurance policy. COPE allows the insurer to evaluate the risks of insuring a piece of real estate, which will ultimately determine whether a policy is created or not.

Corporatization Definition

Corporatization Definition

What Is Corporatization? Corporatization refers to the restructuring or transformation of a state-owned asset or organization into a corporation. These organizations typically have a board of directors, management, and shareholders. However, unlike publicly traded companies, the government is the company’s only shareholder, and the shares in the company are not publicly traded. The aim of corporatization is

Coppock Curve Definition

Coppock Curve Definition

What Is the Coppock Curve? The Coppock Curve is a long-term price momentum indicator used primarily to recognize major downturns and upturns in a stock market index. It is calculated as a 10-month weighted moving average of the sum of the 14-month rate of change and the 11-month rate of change for the index. It

Core Competencies in Industry: Finding a Competitive Receive advantages

Core Competencies in Industry: Finding a Competitive Receive advantages

What Are Core Competencies? Core competencies are the resources and capabilities that comprise the strategic advantages of a business. A modern management theory argues that a business must define, cultivate, and exploit its core competencies in order to succeed against the competition. Key Takeaways Core competencies are the defining characteristics that make a business or