The BAC Group (BACG) is an exciting new blockchain enterprise for providing marketing and accessibility of insurance services for healthcare provider businesses and the general public. We connect you with the most cost-efficient, effective, and appropriate coverage for your insurance needs be they business or personal.
Business insurance services include E&O, building liability and contents, and malpractice for provider staff. We help facilitate connecting you with a wide range of choices and customization for your insurance coverage. The blockchain concept is one which consists of a chain of efficient collaborating entities teaming up to design and create a central insurance portfolio of choices – presented to you for your perusal. This portfolio is designed to be an effective and optimal fit for your personalized needs – your budget, asset range, dynamics of operation, geographic idiosyncrasies, and industry profile. This portfolio is evergreen in that your insurance profile is dynamic and the blockchain insurance portfolio should be just as dynamic and updated in real time. The client’s needs for risk coverage based on their changing risk assessment is reflected on this blockchained insurance portfolio.
The BAC Group has teamed up with Riverlands Insurance Services of Texas, LLC (RIST) through the Riverlands Insurance Inc. (RIINC) corporation, to facilitate fast portfolio generation. RIST utilizes their vast interconnected network of insurance providers to better customize and optimize an insurance portfolio for the client.
The client insurance portfolio is a pivot matrix where rows represent the insurance category types, the columns represent the various insurance company coverage amounts (and/or ranges) for each insurance category, and the pivot third dimension is the client’s real-time coverage liability ranges. The insurance company amounts (and/or ranges) will also include (in parenthesis), the fourth dimension of a risk probability of coverage adequacy for that insurance coverage amount (and/or range). This insurance portfolio matrix is a blockchained entity that informs the client of their insurance coverage potentials that are within reach of their profile requirements. Since this is a multi-dimensional matrix, we have labeled it the BACG insurance risk tensor or simply BIRTTM for the client.