The Relationship Between Insurance and Finance

insurance_bgteeInsurance coverage as well as financing are very closely interlocking areas of company, not the very least since they both include cash. They likewise typically both include supposition as well as threat, as well as commonly where one goes, the various other will certainly adhere to. Take apartment financial investment as an example, it entails a huge quantity of resources out ordinary, promptly adhered to by insurance policy to safeguard the capital expense. It would certainly be absurd to invest such a large amount of cash on an endeavor as well as not safeguard it versus feasible damages. It for that reason makes good sense to keep info on these 2 topics with each other, as the partnership is so sensible.

Insurance coverage is a type of threat administration made use of to safeguard the properlied insured versus the danger of a loss. It is specified as the fair transfer of the threat of a loss from one body to one more for a costs. There are various type of insurance policy for almost every possible occasion. One of the most usual insurance coverage is most likely life insurance policy, which offers a financial advantage to a decedent’s family members or various other marked recipient.

It could cover funeral service or interment prices as well as could be paid to the recipient in either a round figure or as an annuity. Building insurance policy is just one of the a lot more needed insurance coverages as commercial property is exceptionally costly and also if it is shed or ruined by chance (fire, quake, flooding) it could be quite hard to change without appropriate compensation. Traveling insurance coverage made use of to be considereded as a needless expenditure as well as is still deemed such by several. Its value is, nevertheless, being progressively identified by the public at huge. It is cover taken by those that take a trip abroad as well as covers particular unanticipated occasions such as clinical expenditures, loss of individual possessions, traveling hold-ups and so on. There many various other sorts of insurance policy, a lot of to discuss, all crucial if you wish to safeguard something of specific significance to you or one more.

Around the world of financing there are numerous sub-categories, likewise as well various to discuss however a couple of will certainly be consisted of right here. Foreign exchange, or the forex market any place one money is traded for an additional. It consists of investing in between financial institutions, speculators, organizations, firms, federal governments, as well as various other economic markets. The typical everyday sell the worldwide foreign exchange ends US$ 3 trillion.

Tax obligation consulting normally entails Certified public accountants as well as tax obligation attorneys in attending to any type of tax obligation concerns that you might have. There might additionally be Expert Strategic Tax obligation Planners and also Enrolled Brokers, relying on the business that you employ. They will certainly assist you minimize your tax obligation financial obligation, remove tax obligation charges, an innocent partner case, tax obligation liens, financial institution levies, and also preparing unfilled income tax return, in addition to other tax obligation resolution trouble that you could have.

Apartment financial investment is typically when a financier acquires building with an eye to create earnings as well as not to inhabit it. It is a property that has actually been bought as well as held for future recognition, revenue or profile functions. In some circumstances a financial investment residential property does not need to be held commercial, as some property managers in New york city lease workplace structures to charitable organizations for tax obligation functions. Property owners consider their the homes of be financial investments however they typically aren’t identified as financial investment apartments. Probably if you’re getting your 2nd or 3rd house, it could be thought about a financial investment home, particularly if you prepare to lease it bent on assist settle the home mortgage.

Company networking is an advertising and marketing technique, which is as old as company itself. It’s been around considering that since individuals discovered how to hold a glass of bourbon and also schmooze. Actually, its most likely been around a great deal much longer, Cro-Magnon male possibly collected around the recently found fire as well as revealed each various other their pick up of pet teeth and also traded them. Developing networks of crocodile teeth proprietors and also sabre toothed tiger proprietors, that attempted a take control of quote versus the sabre toothed leopard proprietors. Company networking is made to develop company possibilities with social media networks. It aids if individuals included are of the very same mindset.

Nowadays a really helpful means of company networking is using the Web on the numerous social networks readily available. However it has to be stated that hardly any could defeat the affection as well as depend on developed by in person connections. Likewise, where would certainly our business owners lack their scotches as well as once a week schmooze?

AMON-RA Project

The Collaborative Project AMON-RA project was a collaboration project of seven partners, financed by the EU 7th Framework Programme that started in October 2008 and was finished in September 2013. The main goal of the project was to demonstrate a dual-junction photovoltaic cell based on a nanowire architecture. The goal was set to achieve an efficiency of 10%. We succeeded to achieve a top efficiency of 13.8 % under 1 sun illumination. This result is better than any so far reported results for the so-called emerging PV segment according to the NIST efficiency data.

The project resulted in a number of publications, where the report on the main result, the high efficiency of our structures, was published in Science: J. Wallentin et al. “InP nanowire array solar cells that achieve 13.8% efficiency through high light absorption”.

We rate the AMON-RA project as being a great success. Not only that we achieved excellent scientific results, an increased interaction between the project partners and a good technological work paved the way for the goals to be achieved on time.

The AMON-RA Project

Amon-Ra the sun god
The Sun God

The Collaborative Project (CP) AMON-RA (Architectures, Materials, and One-dimensional Nanowires for Photovoltaics – Research and Applications) is intended to result in a new type of solar cell, combining advanced nano- and hetero-structures with silicon photovoltaic technology. For the first time, by applying state-of-the-art photovoltaics design to semiconductor nanowires, assisted with tailor-made theoretical modeling and advanced processing, we aim to demonstrate high-efficiency dual-junction photovoltaic cells made from previously inaccessible materials combinations, capable of harvesting an unprecedented amount of energy from the solar spectrum.

InP Nanowires

InP nanowires grown from 80 nm Au seed particles on n-type (111)B InP. The lower segment is n-doped and the upper (corrugated) segment is p-doped.

The main advantage of this approach is the freedom of materials selections, combining multiple compound semiconductor materials with different lattice constants without strain relaxation, which will make it possible to produce such cells relatively cheaply and on in-expensive silicon substrates.

If successfully realized, this technology may lead the way to solar energy systems that are much more cost competitive with non-renewable electrical generation, thus leading the way to broader adoption of this renewable energy source.

The project started on 1 October 2008 and runs over a period of four years. The total budget amounts to 3.9 mio € and the contribution from the EU 7th Framework Programme is 3.2 mio €. The project is coordinated from the Nanometer Structure Consortium (nmC) at Lund University.

The Nanometer Structure Consortium at Lund University

The Nanometer Structure Consortium (nmC) at Lund University is the coordinator of the project. The nmC is the major Swedish center for Nanoscience, primarily in materials technology, physics and for applications of nanostructures in electronics and in life sciences and celebrated in October 2008 its 20th anniversary.

The nmC was in 2005 selected as one of ten top science environments in Sweden with research on “Nanowires for Fundamental Materials Science and Quantum Physics and for Applications in Electronics, Photonics and in Life-sciences”. The resources at the nmC include systems for advanced epitaxial growth (MOVPE, CBE, MBE, UHV-CVD etc.) and technologies for nanostructuring (e.g. e-beam and nano-imprint lithography) structural characterization (HRTEM, SEM, X-STM etc.) and for general characterization and studies of nano-scaled materials (µ-PL, CL, STM-induced luminescence).

Other areas of specialization are studies of transport properties of quantum devices, such as resonant tunneling diodes, single-electron devices and wrap-gate field-effect transistors. The nmC is a world leader in technology for growth of freestanding epitaxial nanowires and nanotrees, including designed heterostructures within the nanowires.

Web link: nmC at Lunds University

Fraunhofer Institute for Solar Energy Systems (ISE)
LogoThe Fraunhofer Institute for Solar Energy Systems ISE is the largest R&D-institute in Europe devoted to solar energy. It was established in 1981 and currently has a staff of 560 and an annual turnover of over € 30 million. It is certified according to DIN EN ISO 9001:2000. Fraunhofer ISE conducts research in the areas of the thermal use of solar energy, solar cells, electrical power supplies, chemical energy conversion, solar building, energy storage and the rational use of energy. The institute has a core focus on PV technology. Fraunhofer ISE is well-known for crystalline and thin film Si-technologies, grid-connected as well as off-grid applications and it has a long experience in electronic engineering.

Besides the silicon technologies, the institute is very active in III-V solar cell research and holds the European record efficiency for solar-electric energy conversion of 35 % under concentrated sunlight. Approximately 30 people, including 11 PhD students, are currently employed in the field of III-V compound semiconductor material development and concentrator photovoltaics. This includes research on theoretical device modeling, material development by metal organic vapor phase epitaxy, device technology, solar cell characterization, device packaging technology and development of new concentrator systems. In co-operation with manufacturers and international research partners, materials research is carried out and the production technology for silicon and III-V photovoltaic cells are developed.

Web link: Fraunhofer ISE

University of Kassel
LogoThe Computational Electronics and Photonics Group (CEP) is part of the electrical and computer engi-neering department of the University of Kassel. The CEP group consists of 4 PhD students, 2 senior re-searchers, and Prof. B. Witzigmann as head. The group activities recently have moved from ETH Zürich (former Computational Optoelectronics Group) to Kassel, and it continues and expands the successful research in the field of computational modeling originating from the Zürich group.

During the tenure at ETH Zürich, Prof. Witzigmann’s group has established an international reputation in computational methods for optoelectronics in the past 6 years. This comprises the relevant aspects in TCAD (= Tech-nology Computer Aided Design) of nano- and optoelectronics. The focus is on multi-physics simulation and modeling of devices, covering electromagnetic or quantum-mechanical properties, and light-matter interaction, as well as physical characterization of technologies and devices. TCAD research activities are supported by dedicated compute-servers (300 CPUs and up to 32 Gbytes memory/8 processors per compute-server), access to the inter-university GRID supercomputing center (800 highend CPUs).

Web link: University of Kassel

Sol Voltaics AB
Founded in 2007, Sol Voltaics AB (“Sol”) is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary heterostructured nanowire epitaxial growth and process technologies.

Sol, and its sister companies QuNano AB and Glo AB, are spin-outs from the Nanometer Structure Consortium of Lund University, Sweden, which is widely recognized as one of the world’s leading centers for research into next generation quantum nanoscale semiconductor materials and devices for electronics and optoelectronics applications. Sol and its sister companies Companies hold key international intellectual property rights in the areas of nanostructure material growth, fabrication and devices as applied within the field of solar spectrum photovoltaics.

Web link: Sol Voltaics

Johannes Kepler University
LogoThe Johannes Kepler University Linz has a main focus on nanoscience and technology. Resources of the Institute for Semiconductor and Solid State Physics include a cleanroom with facilities for epitaxial growth Logo(MBE, MOCVD), nanostructuring (e-beam, imprint and holographic lithography), characterization (XRD, PL, TEM, STM, AFM, transport at low temperatures and high magnetic fields), and device processing. The group is experienced in structural analysis using synchrotron radiation. Material systems are Si/SiGe, IV-VI compounds, and group III nitrides. The institute has been involved in several EC re-search projects as partner or coordinator.

Web link: Johannes Kepler University

Technical University of Denmark (DTU)
LogoThe Technical University of Denmark (DTU) was founded in 1829, and currently has 7000 undergraduate and Masters students, 700 PhD students, 4500 employees, an annual turnover of 3.1 billion DKK (¤420M) and organizes 21 Bachelor degree programmes, 33 Masters programmes and 4 PhD programmes. It is the leading Technical University in Scandinavia and is ranked no. 2 in Europe in the field of Science and Technology research. DTU recently merged with the Risø National Laboratory.

LogoThe newly-established Center for Electron Nanoscopy (CEN) in the Technical University of Denmark (DTU) provides access to an extensive range of new transmission and scanning electron microscopes, including probe and image aberration corrected FEI Titan TEMs equipped with monochromators, Tridiem imaging spectrometers, Lorentz lenses and HAADF electron tomography and off-axis electron holography capabilities. A wide range of TEM specimen holders allows samples to be examined at temperatures of between 5 and 1300 K and electrical currents to be passed through working devices in situ in the TEM. One of the monochromated aberration-corrected Titan TEMs is equipped with a gas reaction cell. Other instrumentation at CEN-DTU includes two dual-beam focused ion beam microscopes, a field emission SEM and an X-ray diffractometer with a high pressure gas reaction cell and both gas and vacuum transfer capabilities to the electron microscopes.

Web link: Technical University of Denmark

ETH Zürich
LogoThe group that is now at University of Kassel was at project start at ETH Zürich but moved to the new location within the first two months of the project.

Web link: ETH Zürich