Kemper

-13.09%

More reviews (2)

Live  

Established in 1958, Kemper is an insurance company focused on providing personal and commercial property and casualty insurance products to individuals and businesses across the United States. The company is headquartered in Chicago, Illinois and is a subsidiary of Kemper Corporation, a diversified insurance holding company.
Kemper offers a variety of insurance products, including auto, home, and renters insurance, as well as commercial and small business insurance. They also offer specialty coverages such as pet insurance, identity theft protection, and personal umbrella insurance.
The company prides itself on its financial stability and customer service, with a strong rating from A.M. Best. They also offer online tools and resources for customers to manage their policies and claims.
Kemper is committed to giving back to the communities it serves through its philanthropic efforts, including supporting organizations that focus on education, health and wellness, and environmental sustainability.
In 2021, Kemper was named one of Fortune's "World's Most Admired Companies" in the Property and Casualty Insurance category. They continue to grow and expand their product offerings to provide comprehensive insurance solutions for their customers.

U3VyZSEgS2 VtcGVyIGlz IGEgY29tcG FueSB0aGF0 IGhlbHBzIH Blb3BsZSBw cm90ZWN0IH RoZW1zZWx2 ZXMgYW5kIH RoZWlyIHRo aW5ncy4gSW 1hZ2luZSB5 b3UgaGF2ZS BhIHJlYWxs eSBjb29sIG Jpa2Ugb3Ig YSBzcGVjaW FsIHRveS4g SWYgc29tZX RoaW5nIGhh cHBlbnMgdG 8gaXQsIGxp a2UgaXQgZ2 V0cyBzdG9s ZW4gb3IgYn Jva2VuLCB5 b3Ugd291bG Qgd2FudCBo ZWxwIGdldH RpbmcgaXQg YmFjayBvci BmaXhpbmcg aXQsIHJpZ2 h0PyBUaGF0 4oCZcyB3aG F0IEtlbXBl ciBkb2VzIH dpdGggaW5z dXJhbmNlLj xicj5LZW1w ZXIgbWFrZX MgbW9uZXkg Ynkgc2VsbG luZyBpbnN1 cmFuY2UgcG 9saWNpZXMg dG8gcGVvcG xlLiBXaGVu IHNvbWVvbm UgYnV5cyBh IHBvbGljeS wgdGhleSBw YXkgS2VtcG VyIGEgY2Vy dGFpbiBhbW 91bnQgb2Yg bW9uZXksIG 9mdGVuIGVh Y2ggbW9udG gsIGp1c3Qg aW4gY2FzZS Bzb21ldGhp bmcgZ29lcy B3cm9uZy4g SWYgc29tZX RoaW5nIGJh ZCBoYXBwZW 5z4oCUbGlr ZSBhIGNhci BhY2NpZGVu dCBvciBhIG hvdXNlIGZp cmXigJRLZW 1wZXIgaGVs cHMgcGF5IG ZvciByZXBh aXJzIG9yIH JlcGxhY2Vt ZW50cy4gVG hpcyB3YXks IHBlb3BsZS Bkb27igJl0 IGhhdmUgdG 8gc3BlbmQg YSBsb3Qgb2 YgbW9uZXkg YWxsIGF0IG 9uY2UuPGJy PktlbXBlci BpcyBzdWNj ZXNzZnVsIG JlY2F1c2Ug aXQgaGFzIG JlZW4gYXJv dW5kIGZvci BhIGxvbmcg dGltZSwgYW 5kIHBlb3Bs ZSB0cnVzdC BpdCB0byBo ZWxwIHRoZW 0gd2hlbiB0 aGV5IG5lZW QgaXQuIFRo ZXkgd29yay BoYXJkIHRv IHVuZGVyc3 RhbmQgd2hh dCBjdXN0b2 1lcnMgd2Fu dCBhbmQgbm VlZCwgYW5k IHRoZXkgaG F2ZSBzbWFy dCBwZW9wbG Ugd2hvIGZp Z3VyZSBvdX QgaG93IHRv IGtlZXAgZX Zlcnl0aGlu ZyBydW5uaW 5nIHNtb290 aGx5LiBUaG V5IGFsc28g bWFuYWdlIH Jpc2tzIHJl YWxseSB3ZW xsLCB3aGlj aCBtZWFucy B0aGV5IGRv buKAmXQgbG 9zZSB0b28g bXVjaCBtb2 5leSB3aGVu IGhlbHBpbm cgY3VzdG9t ZXJzLjxicj 5JbiB0aGUg ZnV0dXJlLC BLZW1wZXIg d2lsbCBsaW tlbHkgY29u dGludWUgdG 8gYmUgc3Vj Y2Vzc2Z1bC BiZWNhdXNl IG1vcmUgcG VvcGxlIHdp bGwgc3RpbG wgbmVlZCBp bnN1cmFuY2 UgdG8gcHJv dGVjdCB0aG VpciB0aGlu Z3MuIEFzIG 5ldyB0aGlu Z3MgY29tZS BhYm91dCwg bGlrZSBuZX cgdHlwZXMg b2YgY2Fycy BvciBob21l cywgS2VtcG VyIGNhbiBv ZmZlciBuZX cgaW5zdXJh bmNlIHBsYW 5zIHRvIGtl ZXAgdXAuIF BsdXMsIHRo ZXkgYXJlIG Fsd2F5cyBs b29raW5nIG ZvciBiZXR0 ZXIgd2F5cy B0byBoZWxw IHRoZWlyIG N1c3RvbWVy cywgc28gcG VvcGxlIHdp bGwga2VlcC BjaG9vc2lu ZyB0aGVtLi BTbywganVz dCBsaWtlIG hvdyB5b3Ug d2FudCB0by Bwcm90ZWN0 IHlvdXIgZm F2b3JpdGUg YmlrZSwgbW FueSBhZHVs dHMgd2FudC B0byBwcm90 ZWN0IHRoZW lyIGhvbWVz IGFuZCBjYX JzLCBhbmQg dGhhdCBoZW xwcyBLZW1w ZXIga2VlcC Bncm93aW5n Ljxicj4=

VGhlIEtlbX BlciBDb21w YW55IGlzIH NwZWNpYWwg YmVjYXVzZS B0aGV5IGFy ZSBrbm93bi Bmb3IgcHJv ZHVjaW5nIG hpZ2gtcXVh bGl0eSwgYW Zmb3JkYWJs ZSBpbnN1cm FuY2UgcHJv ZHVjdHMgZm 9yIGluZGl2 aWR1YWxzLC BmYW1pbGll cywgYW5kIG J1c2luZXNz ZXMuIFRoZX kgaGF2ZSBi ZWVuIGluIG J1c2luZXNz IGZvciBvdm VyIDcwIHll YXJzIGFuZC BhcmUgdHJ1 c3RlZCBieS BtaWxsaW9u cyBvZiBjdX N0b21lcnMg YWNyb3NzIH RoZSBVbml0 ZWQgU3RhdG VzLiBUaGV5 IGFsc28gaG F2ZSBhIHN0 cm9uZyBjb2 1taXRtZW50 IHRvIGN1c3 RvbWVyIHNl cnZpY2UgYW 5kIG9mZmVy IGZsZXhpYm xlIGNvdmVy YWdlIG9wdG lvbnMgdG8g bWVldCB0aG UgdW5pcXVl IG5lZWRzIG 9mIHRoZWly IGNsaWVudH MuIEluIGFk ZGl0aW9uLC B0aGUgS2Vt cGVyIENvbX BhbnkgaXMg a25vd24gZm 9yIGl0cyBz dHJvbmcgZm luYW5jaWFs IHN0YWJpbG l0eSBhbmQg aW5ub3ZhdG l2ZSBhcHBy b2FjaCB0by BpbnN1cmFu Y2UsIHVzaW 5nIHRlY2hu b2xvZ3kgYW 5kIGRhdGEg YW5hbHl0aW NzIHRvIGlt cHJvdmUgdG hlIGN1c3Rv bWVyIGV4cG VyaWVuY2Uu IFRoZXkgYW xzbyBoYXZl IGEgc3Ryb2 5nIGZvY3Vz IG9uIGdpdm luZyBiYWNr IHRvIHRoZS Bjb21tdW5p dHkgdGhyb3 VnaCB2YXJp b3VzIGNoYX JpdGFibGUg aW5pdGlhdG l2ZXMu

VGhlIEtlbX BlciBjb21w YW55IGlzIG FuIGluc3Vy YW5jZSBhbm QgZmluYW5j aWFsIHNlcn ZpY2VzIGNv bXBhbnkgd2 l0aCBhIGNv bXByZWhlbn NpdmUgYnVz aW5lc3MgbW 9kZWwgdGhh dCBmb2N1c2 VzIG9uIHBy b3ZpZGluZy BwZXJzb25h bCBhbmQgY2 9tbWVyY2lh bCBpbnN1cm FuY2UgcHJv ZHVjdHMsIG FzIHdlbGwg YXMgaW52ZX N0bWVudCBh bmQgcmV0aX JlbWVudCBw bGFubmluZy BzZXJ2aWNl cy48YnI+VG hlaXIgcHJp bWFyeSBidX NpbmVzcyBt b2RlbCBpcy BiYXNlZCBv biBvZmZlcm luZyBpbnN1 cmFuY2UgY2 92ZXJhZ2Ug Zm9yIGF1dG 8sIGhvbWUs IGxpZmUsIG FuZCBoZWFs dGggdG8gaW 5kaXZpZHVh bHMgYW5kIG J1c2luZXNz ZXMuIEtlbX BlciBhbHNv IG9mZmVycy BzcGVjaWFs aXplZCBpbn N1cmFuY2Ug cHJvZHVjdH Mgc3VjaCBh cyB3b3JrZX JzJyBjb21w ZW5zYXRpb2 4sIGJvYXQs IGFuZCBtb3 RvcmN5Y2xl IGluc3VyYW 5jZS48YnI+ SW4gYWRkaX Rpb24gdG8g aW5zdXJhbm NlLCBLZW1w ZXIgYWxzby Bwcm92aWRl cyBmaW5hbm NpYWwgcGxh bm5pbmcgYW 5kIGludmVz dG1lbnQgc2 VydmljZXMg dGhyb3VnaC BpdHMgc3Vi c2lkaWFyeS wgS2VtcGVy IENhcGl0YW wgTWFuYWdl bWVudC4gVG hpcyBpbmNs dWRlcyBwZX Jzb25hbGl6 ZWQgcmV0aX JlbWVudCBw bGFubmluZy wgbXV0dWFs IGZ1bmQgb3 B0aW9ucywg YW5kIGFubn VpdHkgcHJv ZHVjdHMuPG JyPktlbXBl cidzIGJ1c2 luZXNzIG1v ZGVsIGFsc2 8gaW5jbHVk ZXMgYSBmb2 N1cyBvbiBj dXN0b21lci BzZXJ2aWNl IGFuZCBjb2 52ZW5pZW5j ZS4gVGhleS BvZmZlciBv bmxpbmUgdG 9vbHMgYW5k IHJlc291cm NlcyBmb3Ig cG9saWN5IG 1hbmFnZW1l bnQgYW5kIG NsYWltcyBy ZXBvcnRpbm csIGFzIHdl bGwgYXMgYS AyNC83IGN1 c3RvbWVyIH NlcnZpY2Ug aG90bGluZS Bmb3IgYXNz aXN0YW5jZS 48YnI+T3Zl cmFsbCwgS2 VtcGVyJ3Mg YnVzaW5lc3 MgbW9kZWwg Y2VudGVycy BvbiBwcm92 aWRpbmcgYS ByYW5nZSBv ZiBpbnN1cm FuY2UgYW5k IGZpbmFuY2 lhbCBzZXJ2 aWNlcyB0by BtZWV0IHRo ZSBuZWVkcy BvZiB0aGVp ciBjdXN0b2 1lcnMsIHdo aWxlIGFsc2 8gcHJpb3Jp dGl6aW5nIG N1c3RvbWVy IHNhdGlzZm FjdGlvbiBh bmQgY29udm VuaWVuY2Uu

AI could pose a material threat to the Kemper company’s products, services, and competitive positioning in several ways:
1. Substitution: If AI technologies advance to a point where they can effectively assess risk, underwrite insurance policies, or manage claims processes, this could lead to alternative solutions that compete directly with Kemper’s offerings. Insurtech companies leveraging AI to provide faster, more accurate services may attract customers looking for more efficient options.
2. Disintermediation: AI could facilitate the direct interaction between customers and insurance products, bypassing traditional providers like Kemper. For instance, customer-centric platforms powered by AI might allow users to obtain quotes and manage policies without needing an intermediary, potentially reducing Kemper’s market share and customer base.
3. Margin Pressure: The adoption of AI by competitors could lead to increased efficiency and reduced operational costs, enabling them to offer lower premiums or better coverage at similar price points. This could create margin pressure on Kemper, forcing the company to either reduce its prices, invest in technology to remain competitive, or find ways to differentiate its services to justify the costs.
Overall, while AI presents opportunities for innovation, it also brings challenges that could impact Kemper’s business model and market position. Adapting to these changes will be crucial for maintaining competitiveness in the evolving landscape of the insurance industry.

Kemper Company’s earnings, cash flow, and valuation can be significantly sensitive to changes in interest rates due to several factors inherent in its business model, which primarily focuses on insurance and related financial services.
1. Earnings Sensitivity: Kemper’s earnings can be impacted by interest rate fluctuations in several ways. In the insurance industry, companies often invest premium revenue in fixed-income securities. When interest rates rise, the yield on these investments increases, potentially boosting investment income and, consequently, overall earnings. Conversely, if interest rates fall, investment income may decline, negatively affecting earnings.
2. Cash Flow Sensitivity: The cash flow of Kemper is also influenced by interest rates. Higher interest rates can lead to increased costs of borrowing for the company. If Kemper needs to finance its operations or invest in new business opportunities through debt, higher rates could reduce free cash flow. Furthermore, changes in interest rates can impact policyholder behavior, such as lapses or surrenders, which may also affect cash flow stability.
3. Valuation Sensitivity: The valuation of Kemper is closely tied to interest rates since many valuation models, including discounted cash flow (DCF) analyses, use interest rates as a key component in calculating the present value of future cash flows. Higher interest rates lead to higher discount rates, which can lower the present value of future earnings and cash flows, thereby reducing the overall valuation of the company. In contrast, lower interest rates can enhance valuations, making future cash flows more valuable in present terms.
In summary, changes in interest rates can significantly impact Kemper Company’s earnings, cash flow, and overall valuation, making it essential for the company to manage interest rate risk effectively.

QSBwbGF1c2 libGUgc2Nl bmFyaW8gdG hhdCBjb3Vs ZCBwZXJtYW 5lbnRseSBp bXBhaXIgS2 VtcGVyIENv bXBhbnnigJ lzIGVjb25v bWljcyBvdm VyIHRoZSBu ZXh0IDPigJ M1IHllYXJz IGlzIGEgc2 lnbmlmaWNh bnQgYW5kIH N1c3RhaW5l ZCBpbmNyZW FzZSBpbiBp bnN1cmFuY2 UgY2xhaW1z IGR1ZSB0by BhIHNldmVy ZSByaXNlIG luIG5hdHVy YWwgZGlzYX N0ZXJzLCBz dWNoIGFzIG Zsb29kcywg d2lsZGZpcm VzLCBvciBv dGhlciBjbG ltYXRlLXJl bGF0ZWQgZX ZlbnRzLiBU aGlzIHNjZW 5hcmlvIGNv dWxkIG9jY3 VyIGFzIGNs aW1hdGUgY2 hhbmdlIGNv bnRpbnVlcy B0byBleGFj ZXJiYXRlIH dlYXRoZXIg cGF0dGVybn MuPGJyPklu IHRoaXMgc2 NlbmFyaW8s IHNldmVyYW wgZmFjdG9y cyBjb3VsZC BsZWFkIHRv IGRldGVyaW 9yYXRpbmcg bWFyZ2lucy wgY2FzaCBm bG93LCBhbm QgYmFsYW5j ZSBzaGVldC Bmb3IgS2Vt cGVyOjxicj 4xLiA8c3Ry b25nPkNsYW ltcyBFeHBl bnNlIFN1cm dlPC9zdHJv bmc+OiBJZi BuYXR1cmFs IGRpc2FzdG VycyBiZWNv bWUgbW9yZS BmcmVxdWVu dCBhbmQgc2 V2ZXJlLCBL ZW1wZXIgd2 91bGQgZmFj ZSBhbiBpbm ZsdXggb2Yg Y2xhaW1zLi BUaGUgY29t cGFueeKAmX MgbG9zcyBy YXRpb3Mgd2 91bGQgcmlz ZSBzaGFycG x5LCBsZWFk aW5nIHRvIG hlaWdodGVu ZWQgY2xhaW 1zIGV4cGVu c2VzLiBXaX RoIHJpc2lu ZyBjbGFpbX Mgb3V0cGFj aW5nIHByZW 1pdW0gZ3Jv d3RoLCBwcm 9maXRhYmls aXR5IHdvdW xkIGJlIHNl dmVyZWx5IG ltcGFjdGVk LCByZXN1bH RpbmcgaW4g bmFycm93ZW QgbWFyZ2lu cy48YnI+Mi 4gPHN0cm9u Zz5JbmNyZW FzZWQgUmVp bnN1cmFuY2 UgQ29zdHM8 L3N0cm9uZz 46IFRvIG1h bmFnZSB0aG UgaW5jcmVh c2VkIHJpc2 ssIEtlbXBl ciBtaWdodC BuZWVkIHRv IHB1cmNoYX NlIGFkZGl0 aW9uYWwgcm VpbnN1cmFu Y2UuIFRoaX Mgd291bGQg bGVhZCB0by BoaWdoZXIg Y29zdHMsIG Z1cnRoZXIg c3F1ZWV6aW 5nIHByb2Zp dCBtYXJnaW 5zLiBJZiBy ZWluc3VyYW 5jZSBtYXJr ZXRzIGhhcm RlbiBpbiBy ZXNwb25zZS B0byByaXNp bmcgY2xhaW 1zLCB0aGUg cHJlbWl1bX MgZm9yIHNl Y3VyaW5nIG NvdmVyYWdl IGNvdWxkIG JlY29tZSBw cm9oaWJpdG l2ZWx5IGV4 cGVuc2l2ZS 48YnI+My4g PHN0cm9uZz 5SZWd1bGF0 b3J5IENoYW 5nZXM8L3N0 cm9uZz46IE luIHJlc3Bv bnNlIHRvIH RoZSBpbmNy ZWFzaW5nIG ZyZXF1ZW5j eSBvZiBkaX Nhc3RlcnMs IHJlZ3VsYX RvcnMgbWF5 IGltcG9zZS BzdHJpY3Rl ciBjYXBpdG FsIHJlcXVp cmVtZW50cy BvbiBpbnN1 cmVycyBvci BtYW5kYXRl IGNoYW5nZX MgaW4gY292 ZXJhZ2Ugb2 ZmZXJpbmdz LiBDb21wbG lhbmNlIHdp dGggdGhlc2 UgcmVndWxh dGlvbnMgY2 91bGQgcmVx dWlyZSBzaW duaWZpY2Fu dCBpbnZlc3 RtZW50LCB3 aGljaCB3b3 VsZCBzdHJh aW4gY2FzaC BmbG93IGFu ZCBoaW5kZX IgZmluYW5j aWFsIGZsZX hpYmlsaXR5 Ljxicj40Li A8c3Ryb25n Pk1hcmtldC BDb21wZXRp dGlvbiBhbm QgUHJpY2lu ZyBQcmVzc3 VyZTwvc3Ry b25nPjogQX MgbW9yZSBp bnN1cmVycy BwdWxsIGJh Y2sgZnJvbS BoaWdoLXJp c2sgYXJlYX MgKGR1ZSB0 byBpbmNyZW FzZWQgY2xh aW1zKSwgdG hlIGNvbXBl dGl0aXZlIG R5bmFtaWNz IG1pZ2h0IH NoaWZ0LiBJ ZiBjb21wZX RpdG9ycyBl eGl0IHRoZS BtYXJrZXQs IHNob3J0LX Rlcm0gcHJp Y2luZyBwb3 dlciBtYXkg aW5jcmVhc2 UgZm9yIHRo b3NlIHJlbW FpbmluZy4g SG93ZXZlci wgaWYgS2Vt cGVy4oCZcy BwcmljaW5n IGRvZXMgbm 90IGtlZXAg cGFjZSB3aX RoIHRoZSBy aXNpbmcgcm lzaywgaXQg Y291bGQgZX hwZXJpZW5j ZSBmdXJ0aG VyIG1hcmdp biBjb21wcm Vzc2lvbiBh cyBwb2xpY3 lob2xkZXJz IGRlbWFuZC BhZmZvcmRh YmxlIHJhdG VzLjxicj41 LiA8c3Ryb2 5nPkludmVz dG1lbnQgUG 9ydGZvbGlv IEltcGFjdH M8L3N0cm9u Zz46IFRoZS BlY29ub21p YyBlbnZpcm 9ubWVudCB0 aWVkIHRvIG NsaW1hdGUg Y2hhbmdlcy Bjb3VsZCBs ZWFkIHRvIG ZsdWN0dWF0 aW9ucyBpbi BpbnRlcmVz dCByYXRlcy BhbmQgaW1w YWN0IHRoZS BpbnZlc3Rt ZW50IHJldH VybnMgb2Yg S2VtcGVy4o CZcyBwb3J0 Zm9saW8uIE xvd2VyIHJl dHVybnMgb2 4gZml4ZWQg aW5jb21lIH NlY3VyaXRp ZXMgY291bG QgbGVzc2Vu IGNhc2ggZm xvdyBmcm9t IGludmVzdG VkIHByZW1p dW1zLCBtYW tpbmcgaXQg ZXZlbiBoYX JkZXIgdG8g Y292ZXIgdG hlIHJpc2lu ZyBjbGFpbX MgY29zdHMu PGJyPkluIH Rlcm1zIG9m IGZpbmFuY2 lhbCBtZXRy aWNzLCBpZi B0aGlzIHNj ZW5hcmlvIH dlcmUgdG8g dW5mb2xkLC BLZW1wZXLi gJlzIG1hcm dpbnMgY291 bGQgY29tcH Jlc3Mgc2ln bmlmaWNhbn RseSBkdWUg dG8gaW5jcm Vhc2luZyBj bGFpbXMgY2 9zdHMgYW5k IHJlbGF0ZW QgZXhwZW5z ZXMuIFRoZS Bsb3NzIHJh dGlvIGNvdW xkIGV4Y2Vl ZCAxMDAlLC ByZXN1bHRp bmcgaW4gbm V0IHVuZGVy d3JpdGluZy Bsb3NzZXMg YW5kIHJlZH VjZWQgcHJv Zml0YWJpbG l0eS4gQ2Fz aCBmbG93IG Zyb20gb3Bl cmF0aW9ucy Bjb3VsZCB0 dXJuIG5lZ2 F0aXZlIGFz IHBheW91dH MgaW5jcmVh c2Ugd2hpbG UgcHJlbWl1 bSBjb2xsZW N0aW9ucyBs YWcgYmVoaW 5kLiA8YnI+ T24gdGhlIG JhbGFuY2Ug c2hlZXQsIE tlbXBlciBj b3VsZCBmYW NlIGluY3Jl YXNlZCBsaW FiaWxpdGll cyBkdWUgdG 8gdGhlIGhp Z2hlciBjbG FpbXMgcmVz ZXJ2ZXMgbm VlZGVkLiBX aGlsZSBhc3 NldCB2YWx1 YXRpb25zIG 1pZ2h0IGJl IG5lZ2F0aX ZlbHkgaW1w YWN0ZWQgYn kgZWNvbm9t aWMgY29uZG l0aW9ucywg dGhlIGNvbX BhbnkgbWln aHQgc3RydW dnbGUgd2l0 aCBtYWludG FpbmluZyBh ZGVxdWF0ZS BjYXBpdGFs IGxldmVscy BpZiByZWd1 bGF0b3JzIG ltcG9zZSBz dHJpY3Rlci BjYXBpdGFs IHJlcXVpcm VtZW50cy4g T3ZlcmFsbC wgdGhlIGNv bWJpbmF0aW 9uIG9mIHJp c2luZyBsaW FiaWxpdGll cywgc3RhZ2 5hbnQgb3Ig ZGVjbGluaW 5nIGFzc2V0 cywgYW5kIG FuIHVuZmF2 b3JhYmxlIG 9wZXJhdGlv bmFsIGVudm lyb25tZW50 IGNvdWxkIG plb3BhcmRp emUgS2VtcG Vy4oCZcyBs b25nLXRlcm 0gZmluYW5j aWFsIHN0YW JpbGl0eS48 YnI+

CiAgICAgIC AgICAgIDxk aXYgc3R5bG U9J3dpZHRo OiAxMDAlOy BkaXNwbGF5 OiBmbGV4Oy BqdXN0aWZ5 LWNvbnRlbn Q6IGNlbnRl cjsnPgogIC AgICAgICAg ICAgICAgPG RpdiBzdHls ZT0nCiAgIC AgICAgICAg ICAgICAgIC AgZGlzcGxh eTogZmxleD sKICAgICAg ICAgICAgIC AgICAgICBh bGlnbi1pdG VtczogY2Vu dGVyOwogIC AgICAgICAg ICAgICAgIC AgIGJhY2tn cm91bmQtY2 9sb3I6ICNm MGY0Zjg7Ci AgICAgICAg ICAgICAgIC AgICAgYm9y ZGVyOiAxcH ggc29saWQg I2QxZTNmMD sKICAgICAg ICAgICAgIC AgICAgICBi b3JkZXItcm FkaXVzOiAx MHB4OwogIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH g7CiAgICAg ICAgICAgIC AgICAgICAg bWFyZ2luOi AyMHB4IDA7 CiAgICAgIC AgICAgICAg ICAgICAgZm 9udC1mYW1p bHk6ICJTZW dvZSBVSSIs IFJvYm90by wgc2Fucy1z ZXJpZjsKIC AgICAgICAg ICAgICAgIC AgICBib3gt c2hhZG93Oi AwIDJweCA2 cHggcmdiYS gwLCAwLCAw LCAwLjA1KT sKICAgICAg ICAgICAgIC AgICAgICBt YXgtd2lkdG g6IDkwMHB4 OwogICAgIC AgICAgICAg ICAgICAgIH dpZHRoOiAx MDAlOyc+Cg ogICAgICAg ICAgICAgIC AgICAgIDxp bWcgc3JjPS Jhc3NldHMv bG9nb3MvRU 5jWk1aWGRR UFBkNklUcD ZFV0Yud2Vi cCIgYWx0PS JLZW1wZXIi IHRpdGxlPS JLZW1wZXIi ICBjbGFzcz 0iaW1nLWZs dWlkIiBoZW lnaHQ9NTAg d2lkdGg9NT AgbG9hZGlu Zz0nbGF6eS cgc3R5bGU9 J2JvcmRlci 1yYWRpdXM6 IDZweDsnPg oKICAgICAg ICAgICAgIC AgICAgICA8 ZGl2IHN0eW xlPSdmbGV4 OiAxOyB0ZX h0LWFsaWdu OiBjZW50ZX I7IG1hcmdp bi1sZWZ0Oi A1cHg7Jz4K ICAgICAgIC AgICAgICAg ICAgICAgIC AgPHAgc3R5 bGU9J2Zvbn Qtc2l6ZTog MjZweDsgY2 9sb3I6ICMz MzM7IG1hcm dpbi1ib3R0 b206IDE1cH g7Jz4KICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIPCfk4gg V2FudCB0by ByZWFkIG1v cmUgYWJvdX QgS2VtcGVy PwogICAgIC AgICAgICAg ICAgICAgIC AgICA8L3A+ CgogICAgIC AgICAgICAg ICAgICAgIC AgICA8YSBo cmVmPSdpbm RleC5waHA/ cGFnZT1zaW dudXAnIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGJhY2 tncm91bmQt Y29sb3I6IC MwMDdCRkY7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBj b2xvcjogI2 ZmZjsKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIHBhZGRp bmc6IDEwcH ggMjBweDsK ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgIGJv cmRlci1yYW RpdXM6IDVw eDsKICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg IHRleHQtZG Vjb3JhdGlv bjogbm9uZT sKICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIG ZvbnQtd2Vp Z2h0OiBib2 xkOwogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgbWFyZ2lu LXJpZ2h0Oi AxMHB4Owog ICAgICAgIC AgICAgICAg ICAgICAgIC AgICAgdHJh bnNpdGlvbj ogYmFja2dy b3VuZC1jb2 xvciAwLjNz IGVhc2U7Jw ogICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgb2 5tb3VzZW92 ZXI9J3RoaX Muc3R5bGUu YmFja2dyb3 VuZENvbG9y PSIjMDA1Nm IzIicKICAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgIG9ubW91 c2VvdXQ9J3 RoaXMuc3R5 bGUuYmFja2 dyb3VuZENv bG9yPSIjMD A3QkZGIic+ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBT aWduIHVwIG ZvciBmcmVl CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDwvYT4K CiAgICAgIC AgICAgICAg ICAgICAgIC AgIDxzcGFu IHN0eWxlPS dtYXJnaW46 IDAgOHB4Oy Bjb2xvcjog IzU1NTsnPm 9yPC9zcGFu PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPGEg aHJlZj0naW 5kZXgucGhw P3BhZ2U9bG 9naW4nIHN0 eWxlPScKIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgIGNvbG 9yOiAjMDA3 QkZGOwogIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgdGV4dC 1kZWNvcmF0 aW9uOiB1bm RlcmxpbmU7 CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICBm b250LXdlaW dodDogNTAw Oyc+CiAgIC AgICAgICAg ICAgICAgIC AgICAgICAg ICBsb2cgaW 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9hPg oKCiAgICAg ICAgICAgIC AgICAgICAg ICAgIDxwIH N0eWxlPSdt YXJnaW4tdG 9wOiAxNXB4 OyBmb250LX NpemU6IDEz cHg7IGZvbn Qtd2VpZ2h0 OiBib2xkOy Bjb2xvcjog I2QzMmYyZj snPgogICAg ICAgICAgIC AgICAgICAg ICAgICAgIC Ag8J+UkyBV bmxvY2sgb3 VyIGZyZWUg Z3VpZGU6ID xpPiJUaGUg Q2hlY2tsaX N0IFZhbHVl IEludmVzdG 9yIOKAlCBB IFNtYXJ0ZX IgV2F5IHRv IFBpY2sgU3 RvY2tzIjwv aT4KICAgIC AgICAgICAg ICAgICAgIC AgICAgPC9w PgoKICAgIC AgICAgICAg ICAgICAgIC AgICAgPCEt LQogICAgIC AgICAgICAg ICAgICAgIC AgICA8ZGl2 IHN0eWxlPS dtYXJnaW4t dG9wOiAxMn B4OyBmb250 LXNpemU6ID EzcHg7IGNv bG9yOiAjND Q0Oyc+CiAg ICAgICAgIC AgICAgICAg ICAgICAgIC AgICBTaWdu IHVwIG5vdy BhbmQgZ2V0 IG91ciBmcm VlIGVCb29r IAogICAgIC AgICAgICAg ICAgICAgIC AgICAgICAg PGI+VGhlIE NoZWNrbGlz dCBWYWx1ZS BJbnZlc3Rv ciDigJQgQS BTbWFydGVy IFdheSB0by BQaWNrIFN0 b2NrczwvYj 4KICAgICAg ICAgICAgIC AgICAgICAg ICAgPC9kaX Y+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIC0tPg ogICAgICAg ICAgICAgIC AgICAgICAg ICA8IS0tCi AgICAgICAg ICAgICAgIC AgICAgICAg IDxkaXYgc3 R5bGU9J21h cmdpbi10b3 A6IDE2cHg7 IGZvbnQtc2 l6ZTogMTRw eDsgY29sb3 I6ICM0NDQ7 IGZvbnQtZm FtaWx5OiAt YXBwbGUtc3 lzdGVtLCBC bGlua01hY1 N5c3RlbUZv bnQsIFNlZ2 9lIFVJLCBS b2JvdG8sIE hlbHZldGlj YSBOZXVlLC BzYW5zLXNl cmlmOyBsaW 5lLWhlaWdo dDogMS42Oy c+CiAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BIYXZlIHlv dSBoZWFyZC BhYm91dCBv dXIgc2hvcn QgPHN0cm9u ZyBzdHlsZT 0nZm9udC13 ZWlnaHQ6ID YwMDsnPkRh aWx5IFZpZG VvIE5ld3Ns ZXR0ZXI8L3 N0cm9uZz4/ CiAgICAgIC AgICAgICAg ICAgICAgIC AgICAgICA8 YSBocmVmPS dodHRwczov L3d3dy5pbn NpZ2h0ZnVs dmFsdWUuY2 9tL25ld3Ns ZXR0ZXIucG hwJyB0YXJn ZXQ9J19ibG Fuaycgc3R5 bGU9J2NvbG 9yOiAjMDA3 QkZGOyB0ZX h0LWRlY29y YXRpb246IG 5vbmU7IGZv bnQtd2VpZ2 h0OiA1MDA7 IG1hcmdpbi 1sZWZ0OiA2 cHg7Jz4KIC AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICAgIC BGaW5kIG91 dCBtb3JlCi AgICAgICAg ICAgICAgIC AgICAgICAg ICAgICA8L2 E+CiAgICAg ICAgICAgIC AgICAgICAg ICAgIDwvZG l2PgogICAg ICAgICAgIC AgICAgICAg ICAgICAtLT 4KICAgICAg ICAgICAgIC AgICAgICA8 L2Rpdj4KIC AgICAgICAg ICAgICAgID wvZGl2Pgog ICAgICAgIC AgICA8L2Rp dj4KICAgIC AgICAgICAg CiAgICAgIC AgCiAgICAg ICAgPHNwYW 4gY2xhc3M9 J2JsdXJyZW QtdGV4dCc+ CiAgICAgIC AgICAgIE1T NGdWR2hsSU UgdGxiWEJs Y2lCRCBiM0 p3YjNKaGRH IGx2YmlCM1 lYTWcgWm05 MWJtUmxaQy BCcGJpQXhP VFEzIElHSj VJRXBoYlcg VnpJRk5sZE dWeSBJR0Z1 WkNCU2IyIE psY25RZ1Np NGcgUm14cG RHTnlZVyBa MExqeGljaj R5IExpQkpk SE1nYUcgVm haSEYxWVhK MCBaWEp6SU dseklHIHh2 WTJGMFpXUW cgYVc0Z1Ey aHBZMiBGbm J5d2dTV3hz IGFXNXZhWE 11UEcgSnlQ ak11SUZSby BaU0JqYjIx d1lXIDU1SU hkaGN5QnYg Y21sbmFXNW hiRyB4NUlH NWhiV1ZrIE lFeDFiV0ps Y20gMWxibk 1nVFhWMCBk V0ZzSUVOaG MzIFZoYkhS NUlFTnYgYl hCaGJua2dZ VyA1a0lHWn ZZM1Z6IFpX UWdiMjRnY0 ggSnZkbWxr YVc1biBJR2 x1YzNWeVlX IDVqWlNCbW IzSWcgZEdo bElHeDFiVy BKbGNpQmhi bVFnIGJHOW 5aMmx1Wnkg QnBibVIxYz NSeSBlUzQ4 WW5JK05DID RnU1c0Z2RH aGwgSURFNU 5qQnpMQyBC MGFHVWdZMj l0IGNHRnVl U0JpWlcgZG hiaUIwYnlC bCBlSEJoYm 1RZ2FYIFJ6 SUhObGNuWn AgWTJWeklH RnVaQyBCcG JuTjFjbUZ1 IFkyVWdiMl ptWlggSnBi bWR6SUhSdi BJR2x1WTJ4 MVpHIFVnWV hWMGJ5d2cg YUc5dFpTd2 dZVyA1a0lH eHBabVVnIG FXNXpkWEpo Ym0gTmxMan hpY2o0MSBM aUJKYmlBeU 1EIEl3TENC TFpXMXcgWl hJZ2FHRmtJ RyA5MlpYSW dKREV4IElH SnBiR3hwYj IgNGdhVzRn WVhOeiBaWF J6SUdGdVpD IEJuWlc1bG NtRjAgWldR Z2IzWmxjaS BBa05pQmlh V3hzIGFXOX VJR2x1SUgg SmxkbVZ1ZF dVdSBQR0p5 UGpZdUlGIF JvWlNCamIy MXcgWVc1NU lHOXdaWCBK aGRHVnpJSF JvIGNtOTFa MmdnYlggVn NkR2x3YkdV ZyBjM1ZpYz Jsa2FXIEZ5 YVdWekxDQn AgYm1Oc2RX UnBibSBjZ1 MyVnRjR1Z5 IElGQmxjbk 52Ym0gRnNJ R0Z1WkNCRC BiMjF0WlhK amFXIEZzSU V4cGJtVnog TENCTFpXMX daWCBJZ1Uz QmxZMmxoIG JIUjVMQ0JM WlcgMXdaWE lnVEdsbSBa U0JoYm1RZ1 NHIFZoYkhS b0xDQmggYm 1RZ1MyVnRj RyBWeUlFUn BjbVZqIGRD NDhZbkkrTn kgNGdTVzRn WVdSayBhWF JwYjI0Z2RH IDhnYVc1em RYSmggYm1O bExDQjBhRy BVZ1kyOXRj R0Z1IGVTQm hiSE52SUcg OW1abVZ5Y3 lCbSBhVzVo Ym1OcFlXIH dnYzJWeWRt bGogWlhNc0 lITjFZMiBn Z1lYTWdZVz V1IGRXbDBh V1Z6SUcgRn VaQ0J0ZFhS MSBZV3dnWm 5WdVpIIE11 UEdKeVBqZ3 UgSUV0bGJY QmxjaSBCb1 lYTWdjbVZq IFpXbDJaV1 FnYm4gVnRa WEp2ZFhNZy BZWGRoY21S eklHIEZ1Wk NCeVpXTnYg WjI1cGRHbH ZiaSBCbWIz SWdhWFJ6IE lHTjFjM1J2 YlcgVnlJSE 5sY25acCBZ MlVzSUdsdV kyIHgxWkds dVp5QmkgWl dsdVp5QnVZ VyAxbFpDQn ZibVVnIGIy WWdSbTl5WW 0gVno0b0Na SUVGdCBaWE pwWTJIaWdK IGx6SUVKbG MzUWcgVFds a2MybDZaUy BCRmJYQnNi M2xsIGNuTW dhVzRnTWog QXhOeUJoYm 1RZyBNakF4 T0M0OFluIE krT1M0Z1ZH aGwgSUdOdm JYQmhibiBr Z2FHRnpJR0 VnIGMzUnli MjVuSUcgTn ZiVzFwZEcx bCBiblFnZE c4Z1pHIGwy WlhKemFYUj UgSUdGdVpD QnBibSBOc2 RYTnBiMjRz IElHRnVaQ0 JvWVggTWdZ bVZsYmlCeS BaV052WjI1 cGVtIFZrSU dadmNpQnAg ZEhNZ1pXWm 1iMyBKMGN5 QmllU0J2IG NtZGhibWw2 WVggUnBiMj V6SUhOMSBZ MmdnWVhNZ2 RHIGhsSUVo MWJXRnUgSU ZKcFoyaDBj eSBCRFlXMX dZV2xuIGJp QkdiM1Z1Wk cgRjBhVzl1 SUdGdSBaQ0 JFYVhabGNu IE5wZEhsSm JtTXUgUEdK eVBqRXdMaS BCSmJpQXlN REl4IExDQj BhR1VnUzIg VnRjR1Z5SU VOdiBjbkJ2 Y21GMGFXID l1SUdGdWJt OTEgYm1ObF pDQmhJRyBa cGRtVXRlV1 ZoIGNpd2dK REVnYlcgbH NiR2x2YmlC dyBZWEowYm 1WeWMyIGhw Y0NCM2FYUm 8gSUVkcGNt eHpJRiBkb2 J5QkRiMlJs IElIUnZJSE 4xY0ggQnZj blFnWVc1ay BJR1Z0Y0c5 M1pYIElnZD I5dFpXNGcg YVc0Z2RHVm phRyA1dmJH OW5lU0JoIG JtUWdZMnh2 YzIgVWdkR2 hsSUdkbCBi bVJsY2lCbl lYIEFnYVc0 Z2RHaGwgSU dacFpXeGtM ZyA9PQogIC AgICAgIDwv c3Bhbj4KIC AgICAgICAK ICAgICAgIC A=