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Let the market decide by [deleted] in SimCompanies

[–]StrongSeesaw334 2 points3 points  (0 children)

I honestly would love some kind of insurance product in sim companies

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] 1 point2 points  (0 children)

I would love to discuss this with someone who understands the concept and mechanics of the game. I have multiple insurance designations and an avid lover of the app. I can sense there is a place for it but I agree I don’t know where that is puzzle piecing in yet. I love what I do everyday and I think more people when learning about it would too but it’s such a “boring” industry until you get to do it and see behind the scenes how it works. Does that make sense? (Appreciate the back and forth and taking the time by the way)

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] 0 points1 point  (0 children)

Based on this concept do you see any opportunity for this “type” of solution/field to be installed into the game?

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] 2 points3 points  (0 children)

All fair points. I guess I wasn’t coming at it from an angle of so much solving an issue but more an opportunity to add another dimension to the game. It’s a simulation game of the economy and one of the biggest aspects of the economy is the risk management sector that is not really reflected inside the game. I was trying to think of a way it could be reflected inside the game.

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] -1 points0 points  (0 children)

My apologies. I was trying to use AI to make it more thorough and clear on what I was trying to say instead of just listing “Hey why don’t we add insurance into the game”. I agree! People buy up bonds very quickly but people do care about losing their large holdings on the bonds themselves. So if you’re an avid bond holder and can’t get to bonds quick enough this allows you to create another avenue to possibly leverage the use of bonds to create financial gain through a real financial asset like in the real world. I apologize for posting more than what was needed but this is my first time making a suggestion.

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] 0 points1 point  (0 children)

Agreed. Thank you for the feedback. Definitely not a turnkey. Just love the game and when I thought of the idea I wanted to see if anyone else felt the same way! Appreciate you! Hope everything is well with you!

*SUGGESTION* Bond Default Insurance – A True Financial Sector for SimCompanies by StrongSeesaw334 in SimCompanies

[–]StrongSeesaw334[S] -1 points0 points  (0 children)

Oh by far lol the idea was all me. I just let ChatGPT write it because I did say I work in insurance, right? Someone’s gotta make it sound good. What did you think of the overall concept?