“There are many factors that affect the price of car insurance. Even if today there are fewer cars on the roads and fewer claims, this situation is temporary and policyholders shouldn’t count on their short-term savings to last too far into the future”, said Russell Rabichev, Marketing Director

LOS ANGELES (PRWEB)
May 05, 2020

Compare-autoinsurance.org has launched a new blog post that presents the effects of coronavirus outbreak on the future car insurance payments.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/what-effects-the-current-covid-19-pandemic-will-have-on-future-car-insurance-premiums/

Stay at home restrictions imposed by authorities due to the coronavirus outbreak have caused vehicles across the US to sit in garages and in parking spots for long periods of time. The significant reduction in driving has resulted in fewer claims and higher profits for insurance providers. For this reason, most insurers are voluntarily offering relief to their customers. It is estimated that car insurance companies will be giving back a total of $10.5 billion in premiums and various benefits

Although it’s too early to know how the current crisis will affect auto premiums over the long term, many believe that the insurance rates are likely to return to pre-coronavirus levels. However, there are many factors to consider, including the following:

• How often policyholders will drive. The annual mileage is an important factor used to determine car insurance premiums. Since the crisis began, a record number of employees and self-employed workers have been working from home. Many workers and companies that have operated successfully during the pandemic with remote teams may be getting used to the work-from-home setup and extend it as a benefit. Office workers are likely to adjust down their estimated annual mileage, or even switch to a usage-based policy if they continue to work-from-home. On the other hand, service workers are likely to return to their normal habits and see their rates return to normal in a few months.
• Claim frequency. In this time of crisis, vehicle accidents and claims are down significantly. This is normal because drivers are on the road for shorter periods and are less exposed to accident risks. This situation is not going to last for long. Once shelter-in-place policies subside, road traffic, car insurance claim rates, and car insurance premiums should return to normal.
• Policyholder difficulties. To date, more than 30 million Americans have filed for unemployment insurance benefits during the COVID-19 pandemic. Some industries will recover quickly after the pandemic is over, while other industries will suffer for years to come. Less overall economic activity means that many drivers will not be able to pay their auto loans, leases, or car insurance. Insurance providers are likely to increase premiums to offset their losses caused by unemployed policyholders who can’t afford insurance.
• Distracted driving. The legislation and enforcement against the use of handheld devices while driving is another factor used to determine premiums. According to III, mobile phone use is a factor in 14% of distraction-related fatal crashes. However, many believe that the percentage might be higher.
• Natural disasters frequency. Car insurance got more expensive due to devastating natural events such as hurricanes, tornadoes, wildfires, and floods. If insurance providers will experience more comprehensive claims and losses, then it’s likely to increase the premiums for clients who live in states that are affected by extreme weather events.
• The profitability of the insurer’s portfolio. The current low-interest-rate environment means carriers will have reduced investment income for the foreseeable future. Because of this, providers are likely to increase the premiums or to eliminate coronavirus-related relief to remain profitable.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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“Having engaged and happy employees allows us to focus on our customers and their needs more closely, every single day.”

PALO ALTO, Calif. (PRWEB)
May 06, 2020

Hippo, the high-growth company that’s transforming home insurance and ownership, has been named to Inc. magazine’s annual list of the Best Workplaces for 2020. Hitting newsstands May 12 in the May/June 2020 issue, and as part of a prominent Inc.com feature, the list is the result of a wide-ranging and comprehensive measurement of private American companies that have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits.

HIppo Home Insurance offers modern insurance coverage with smart home devices and is available to nearly 65 percent of U.S. homeowners across 25 states. Driving north of $200 million in premiums, Hippo now has more than 250 employees across three offices including its Palo Alto, California headquarters and its Texas-based offices in Austin and Dallas insurance offices. Across its three offices, female managers account for more than half of the company’s management team and over a third of its leadership is female.

Hippo, the family of companies that includes Hippo Home Insurance, provides all of its employees with a comprehensive benefits package which includes 100 percent employer-paid medical, dental, and vision plan options for employees and their family members, along with reimbursement programs catered to child adoption and infertility. Plus, fully paid parental leave for caregivers and secondary caregivers. In addition, there are executive and management training programs available for managers and leaders.

Collecting data from more than 3,000 submissions, Inc. singled out 395 finalists for this year’s list. Each nominated company took part in an employee survey, conducted by Quantum Workplace, on topics including trust, management effectiveness, perks, and confidence in the future. Inc. gathered, analyzed, and audited the data. Then we ranked all the employers using a composite score of survey results. This year, 73.5 percent of surveyed employees were engaged by their work.

The strongest engagement scores came from companies that prioritize the most human elements of work. These companies are leading the way in employee recognition, performance management, and diversity. It is a different playbook from a decade ago, when too many firms used the same template: free food, open work environments, and artifacts of “fun.”

“Every member of the Hippo team shares our passion for making home insurance a proactive and positive experience, from securing a homeowners quote in less than 60-seconds, having access to modern coverage for the things you actually use at home like home office and electronics, and knowing there’s an empathetic claims concierge team on hand for when you need us” said Anna Lee, Vice President of People, Hippo. “Having engaged and happy employees allows us to focus on our customers and their needs more closely, every single day.”

“Building a great corporate culture comes only from strong leadership,” says Inc. magazine editor-in-chief Scott Omelianuk. “The companies on Inc.’s Best Workplaces list are setting an example that the whole country can learn from, especially now, when company culture is more important to the workforce than ever.”

While researching the finalists, Inc. and Quantum saw distinct themes:

• 
  100 percent provide health insurance.
• 50 percent allow employees to bring pets to work.
• 62 percent take employees to offsite retreats to relax and recharge.
• 20 percent offer paid sabbaticals to reward length of service.

About Hippo

Hippo Insurance Services is on a mission to transform home insurance for the modern household. The company brings homeowners closer to a modern home insurance experience with an efficient online purchase experience using trusted data sources, a smart home device kit included with every policy and even more coverage for possessions like appliances, electronics and home offices. Hippo Insurance is part of Hippo’s family of companies that brings together home wellness and home insurance for today’s homeowners. Headquartered in Palo Alto, California, the company’s policies are available to over 65 percent of homeowners in the U.S.. Hippo Insurance Services is a licensed property casualty insurance agent with products underwritten by various insurance companies. For more information, including licensing information, visit http://www.hippo.com.

About Inc. Media

The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.

About Quantum Workplace

Quantum Workplace, based in Omaha, Nebraska, is an HR technology company that serves organizations through employee-engagement surveys, action-planning tools, exit surveys, peer-to-peer recognition, performance evaluations, goal tracking, and leadership assessment. For more information, visit https://www.quantumworkplace.com/.

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Win a Jeep in California Casualty’s “Keep On Course” Sweepstakes

We appreciate everything you do.

SAN MATEO, Calif. (PRWEB)
May 05, 2020

Driving for many—once an everyday part of life—is now a rare occurrence because of Coronavirus or COVID-19. And when you do get out on the road, it can be really stressful: Rushing to the grocery store before the lines start, mentally rewriting your essentials shopping list, or putting on your mask and gloves while driving. These are understandable behaviors given the times, but they also qualify as distracted driving.

NEA Member Benefits and the NEA Auto & Home Insurance Program provider, California Casualty, want you to stay focused on the road when behind the wheel. However, we would also like to give you a bright spot of news against the negative COVID-19 stories that surround us these days.

California Casualty is rewarding NEA members who make a promise to drive safely with the chance to win a new Jeep® Compass—a popular crossover SUV valued at $25,000. All it takes is a visit to http://www.WinAJeepCompass.com/NEA before October 4, 2020.

The “Keep on Course” Giveaway is our way of helping create a movement to make our roads safer for everyone and take a stand against distracted driving.

“Your safety is important to us,” said California Casualty Sr. Vice President Mike McCormick. “We appreciate everything you do and we know that your commitment extends beyond school to your home and family.”

Here’s your chance to dream about something fun and exciting. NEA members can join the drive to “Keep on Course” and be entered to win at http://www.WinAJeepCompass.com/NEA. Not only will you be helping make our roads safer, but you’ll be in the running for a brand new SUV—it’s a double win. The campaign will run through October 4, 2020. The winner will be announced in October or November.

Educators can also take the safe driving effort into their classrooms, with the free evidence-based materials from Impact Teen Drivers at http://www.impactteendrivers.org.

California Casualty has been serving the needs of educators since 1951 and is the only auto and home insurance company to earn the trust and endorsement of the NEA. As a result, NEA members qualify for exceptional rates, deductibles waived for vandalism or collisions to your vehicle parked at school, holiday or summer skip payment plans and free Identity Defense protection – exclusive benefits not available to the general public. Learn how to save by getting a quote at http://www.neamb.com/autohome, or by calling 1.800.800.9410.

*Jeep is not a participating partner in or sponsor of this contest.

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“… we took the Mercury Insurance Concert Series and moved it online, giving music fans the chance to discover new music, while also providing financial support for some incredibly talented artists.”

LOS ANGELES (PRWEB)
May 04, 2020

Music festivals and concerts have been cancelled or postponed in the wake of the COVID-19 crisis, as social distancing is recommended over mass gatherings to curb the continued spread of the disease. These talented artists make their living performing live gigs, but the pandemic has left them scrambling for different ways to generate income. Today, Mercury Insurance (NYSE: MCY) announced the company is sponsoring four artists to bring live performances to fans and music lovers.

Music – both performing and listening to it – can be therapeutic and a welcome distraction from life spent entirely at home, which is the current reality for the majority of Americans.

“Music feeds the soul, and live music in particular creates incredible emotional connections that can bring the world together during this difficult time,” said Erik Thompson, Mercury’s vice president of advertising and public relations. “Many of these artists are struggling, however, as much of their income has dried up because they aren’t able to tour.

“As a longtime sponsor of live music and festivals, we wanted to do something special for music fans, while also helping artists in their time of need. So, we took the Mercury Insurance Concert Series and moved it online, giving music fans the chance to discover new music, while also providing financial support for some incredibly talented artists. And the best part is that fans may find they could save a lot of money if they switch to Mercury Insurance!”

The Mercury Insurance Concert Series kicks off on May 8, 2020. The virtual performances are open to any music fan who wants to tune in. Simply visit http://www.mercuryinsurance.com/MICS to check out a free concert. And fans who choose to get a fast, free online auto insurance quote also help support the artists, because Mercury is making a financial contribution to each artist for each completed quote.

Featured musicians for the Mercury Insurance Concert Series include:

• 
  Jordan Rudess (May 8, 5 p.m. PDT): Voted “Best Keyboardist of All Time” by Music Radar Magazine, Jordan Rudess is best known as the keyboardist/multi-instrumentalist extraordinaire for platinum-selling Grammy-nominated progressive rock band, Dream Theater. He has been the full-time keyboardist with Dream Theater since the recording of 1999’s “Metropolis Pt. 2: Scenes from a Memory.” He has recorded nine other studio albums with the group: 2002’s “Six Degrees of Inner Turbulence,” 2003’s “Train of Thought,” 2005’s “Octavarium,” 2007’s “Systematic Chaos,” 2009’s “Black Clouds & Silver Linings,” “A Dramatic Turn of Events,” the self-titled “Dream Theater,” 2016’s “The Astonishing,” as well as their newest album “Distance Over Time.” Rudess has released 10 solo albums, including his latest “Wired for Madness,” which came out in 2019.
• Chord Overstreet (May 9, 1 p.m. PDT): Best known for his role as Sam Evans on FOX’s acclaimed musical series, “Glee,” Chord Overstreet’s first success as an artist came in 2017 with platinum-selling “Hold On,” dedicated in honor of his friend and “Glee” co-star Cory Monteith, which was featured in the series finale of The CW’s “The Vampire Diaries” and has racked up over 172 million streams on Spotify. Releasing solo project, “Tree House Tapes – EP” (2017), and launching his fresh alt-pop project OVERSTREET with “Man on the Moon – EP” (2019), plus standout tracks like 2018’s “Carried Away,” he continues to fuse his confessional songwriting roots with propulsive energy in brand new music like his current sizzling single, “Summertime.” Pulling inspiration from icons like Elvis Presley, Marvin Gaye, The Beach Boys, and The Police, the Nashville native was raised around strong country songcraft thanks to his GRAMMY Award-winning father Paul, who penned hits including “When You Say Nothing At All,” “Forever and Ever, Amen” and “She Thinks My Tractor’s Sexy.”
• Flo Chase (May 12, 5 p.m. PDT): Flo Chase is an indie pop singer-songwriter and multi-instrumentalist, who performs original music, as well as a variety of covers. His emotional lyrics reflect upon his experiences dealing with heartbreak and growing up as the child of French settlers in Sydney, Australia. His first EP “Le Debut” was released in 2017. Now, he’s excited for music fans to hear what he’s been working on since then, including his newest singles “Lost in Her Beauty” and “Spinning Wheel.”
• Emily Coupe (May 13, 5 p.m. PDT): An Australian pop/folk artist with a soul twist, Emily Coupe’s fusion of sounds has developed over the years, with influences ranging from singer/songwriter staples Jewel, Alanis Morissette and Sheryl Crow. She released her first album “Revolution” on August 1, 2019, and has played more than 70 gigs at various venues around L.A., including to more than 3,000 people at Warner Center Park and a sold out show at The Viper Room.

To sample the artists’ music and attend a live virtual concert, visit http://www.mercuryinsurance.com/MICS. The performances will also be recorded and available to view after the live shows.

Mercury’s Customer Giveback Program and its new partnership with the California Medical Association’s Care 4 Caregivers Now wellness program for healthcare workers are additional ways the company is assisting Americans during the COVID-19 pandemic.

About Mercury Insurance

Mercury Insurance (MCY) is a multiple-line insurance organization predominantly offering personal automobile, homeowners and business insurance through a network of independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia. Since 1962, Mercury has specialized in offering quality insurance at affordable prices. For more information, visit http://www.mercuryinsurance.com or Facebook and follow the company on Twitter.

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“The current coronavirus outbreak will have lasting impacts on consumers’ behavior regarding car insurance. While usage-based and on-demand car insurances are not that popular today, the current crisis will act as a catalyst to make them more popular”, said Russell Rabichev, Marketing Director

LOS ANGELES (PRWEB)
May 04, 2020

Young adults are among the most affected groups financially by the current COVID-19 pandemic. Those who are about to enter the workforce are likely to have lower wages and will also have had less time to start building savings. 18-24 years old young adults have low levels of job security due to heavy presence in sectors like retail, leisure, and hospitality that were seriously affected by the coronavirus outbreak. Many of them are looking to make as many savings as they can. Car insurance is one area where customers look to save some money.

Most young adults have less than $1,000 in their savings account. While more and more states are imposing shelter-in-place restrictions and are instructing people to stay home, traditional insurance products like house insurance or boat are seeing a decline. Most people feel that they are less likely to be burgled during the COVID-19 outbreak.

While car insurance is difficult to cancel due to legal requirements, policy owners can make some adjustments to their policies and switch their comprehensive policies to usage-based or on-demand insurance in order to reduce costs. This move can be especially popular among young drivers who have to pay higher premiums due to their inexperience and their likelihood to be involved in accidents more often.

While this shift in behavior can be challenging for large insurance companies, small specialized insurers will benefit from the move. Usage-based car insurance providers will become more popular due to the fact their customers will pay less on their premiums when they are using their cars less often. Also, on-demand insurance companies will become more popular because they allow their customers to switch on and switch off their covers and pay only for the periods they need to be insured.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

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Given Alera Group’s depth and breadth, our team of geographically-diverse experts felt compelled to come together to provide valuable resources to employers who are not only struggling with how to keep their businesses afloat, but also handle the very human aspect of caring for employees.

DEERFIELD, Ill. (PRWEB)
May 04, 2020

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, today released an extensive report detailing the effects of COVID-19 on 10 sectors hit hardest during the pandemic. The report, COVID-19 Industry Impacts, incorporates assessments and expertise from both employee benefits and property & casualty experts across the country.

“The industries we addressed in our report are facing significant, unprecedented challenges in light of COVID-19,” says Sally Prather, Alera Group’s Employee Benefits Practice Leader. “Given Alera Group’s depth and breadth in both the property & casualty and employee benefits markets, our team of geographically-diverse experts felt compelled to come together to provide valuable resources to employers who are not only struggling with how to keep their businesses afloat, but also handle the very human aspect of caring for employees.”

Headed up by Employee Benefits Practice Leader, Sally Prather, and Property and Casualty Practice Leader, Mark Englert, the informative report details the pandemic’s impact on agriculture, construction, higher education, healthcare, hospitality and gaming, manufacturing, nonprofit organizations, the public sector, restaurants, and small businesses.

While each of these 10 industries is facing its own set of nuanced challenges, many are grappling with absenteeism, remote and virtual working environments, workers’ compensation, risk management, and business interruption. “One thing is certain: this is not business as usual. Economic uncertainty is forcing businesses to contemplate a post-COVID-19 world,” says Mark Englert, Property and Casualty Practice Leader.

Continues Englert, “Our report is geared at helping employers in each of these 10 industries successfully navigate unchartered territory.”

Another point that comes across loud and clear in the report: now is the time for any business to be partnering with their broker to contain costs and control risks.

The full report can be viewed here: https://cloud.aleragroup.com/covid-19industryverticals/.

On the heels of the COVID-19 Industry Impact Report, Alera Group recently conducted the Alera Group COVID-19 Employer Pulse Survey with more than 830 employers from various industries and regions providing input on ways employers throughout the country and in various industries are navigating employee health, benefits and human resources issues in the changing landscape.

About Alera Group

With over 80 firms across the country and nearly 2,000 teammates, Alera Group works together to deliver solutions in employee benefits, property and casualty, retirement services and wealth management. Built on a unique model of collaboration, Alera Group is now the 17th largest independent insurance agency in the United States. For more information, visit http://www.aleragroup.com.

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This addition of Limited Benefit Indemnity Plans combined with our Level-Funded Limited Day Health Plans offers a solution from Coterie Advisors that no one else in the marketplace is doing.

SCOTTSDALE, Ariz. (PRWEB)
May 04, 2020

Coterie Advisory Group Inc., whose founding partners include some of the original founders of Star HRG (Starbridge) and Ternian Insurance Group, have announced the launch of employer-focused Limited Benefit Indemnity Medical Plans. Marketed under the Fundamental Care brand name, Coterie Advisors will now offer Limited Benefit Indemnity solutions for large employers with part-time, hourly and seasonal workers – an employee benefits marketplace they have decades of experience in.

Their Limited Benefit Indemnity plans will allow employers to offer affordable and unique health insurance options for their uninsured, part-time and hourly workers which provides coverage for basic medical expenses. This new addition will complement Coterie Advisor’s flagship product, their level-funded Limited Day Health Plan, which offers near-comprehensive coverage at 30-40% less than the cost of traditional high-deductible group health plans.

Through a combined offering strategy, Fundamental Care allows large employers to strategically offer customized benefit solutions to different classes of their employee population for little to no cost to the employer. Employers can reward a carve-out segment of their employee population who are tenured/key employees with a higher-level of medical coverage and employer contributions, while providing all other part-timers with day-one voluntary coverage.

Aaron Cook, President of Coterie Advisors, said “Our founding partners have spent our careers focused on providing affordable health insurance alternatives to meet the unique needs of employers and their part-time employees.” He added, “We have always found ways to be innovative with our programs while offering benefit brokers a strategic and consultative approach for their clients. This addition of Limited Benefit Indemnity Plans combined with our Level-Funded Limited Day Health Plans offers a solution from Coterie Advisors that no one else in the marketplace is doing.”

The affordability void in healthcare continues to be a major issue in the United States. With over 28 Million uninsured and 70% of workers living paycheck to paycheck, Coterie Advisors continues to manufacture solutions that meet the needs of the underserved. Fundamental Care provides access to unique and affordable insurance benefits on a guarantee issue basis. Limited Day and Limited Benefit Indemnity plans can be customized and structured with affordable premiums and no deductibles. The plans are high in potential coverage and include upfront, day-one benefits – healthcare employees can actually use. Both plans meet the employer’s ACA mandated requirement for offering Minimum Essential Coverage.

Coterie Advisors believes they are well-positioned to meet the “new normal” of marketplace needs based on the changes that will result from the current economic environment. For more information, please contact your employee benefits broker or visit http://www.fundamentalcare.com or http://www.coterieadvisors.com.

###

ABOUT COTERIE ADVISORS:

Coterie Advisory Group, Inc. is a Scottsdale-based, insurance program manager and national marketing agency. The founders of Coterie Advisors are comprised of a team of insurance and benefits professionals who have dedicated their careers to the benefits marketplace. They have held various Leadership and Executive roles at multiple insurance carriers, agencies, and platform administrators. Their drive has helped thousands of employers and millions of individuals obtain quality, affordable care. Coterie Advisors focuses on niche insurance and benefit programs and has life and health insurance licenses in all 50 states as well as property and casualty.

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PackHedge™ by FinLab Solutions SA

PackHedge™ is unique in providing our clients with the tools to very simply configure the Period Aggregations they wish to look at. And then to simply click a button to expand or collapse periods displayed as or when they need.

GENEVA, Switzerland (PRWEB)
May 02, 2020

FinLab is pleased to announce the release of PackHedge™ v.5.5. which provides many new features and enhanced functions. Clients will truly appreciate the totally unique customizable Period Aggregators for portfolios which is a key element of this release. Users can choose to configure and display any combination of periods when looking at their portfolios, for example looking at a screen from right to left, display daily columns for the current month, followed by 3 monthly columns, then say 2 quarterly columns and thereafter annual columns to the inception of the portfolio.

The customizable Period Aggregators for portfolios, consolidated portfolios and proformas can be viewed across most of the PackHedge™ windows, including P&L, Balance Sheet, Standalone Performance, Breakdown Analysis, Contribution Analysis, etc.

“Portfolio managers need to be able to quickly compare and understand any variations between different time periods in the portfolios they manage.” FinLab’s CEO, Denis de Pentheny O’Kelly stated. “PackHedge™ is unique in providing our clients with the tools to very simply configure the Period Aggregations they wish to look at and then to further simply click a button to expand or collapse periods displayed as or when they need. For example, with a couple of clicks a user can compare side by side columns for Year End 2018, Year End 2019, End Q1 2020 and End April 2020 and use this to look at the details of the balance sheet and the profit and loss of any portfolio.”

Another key feature of this release is the new Lot Date management for transactions. This allows clients to select which purchase/subscription Lot they wish to sell/redeem or transfer. This allows total flexibility to choose between FIFO (First In First Out), LIFO (Last In First Out) or AIFO (Any-Lot In First Out) when managing transactions.

Portfolio managers with a number of portfolios under management can now also transfer any portion of a transaction lot from one portfolio across to another portfolio and choose to define if they wish to keep the original subscription date for liquidity analysis and future redemption management.

Many other enhancements have been added to the portfolio management tools, these include: Making changes to certain fields with future effects (e.g. payments, maturity dates, exchange rates, etc.) of transactions that are prior to a Lock/Close date. Enhancements to Investment View window. Custom setup of the columns displayed in the Transactions window. Various new Liquidity Terms for Hedge Funds.

In addition, a new feature allowing users via a simple right click to create custom groups and multi-layered sub-groups in the PackHedge™ Browser, then drag and drop into browser groups as well as using queries to create and regularly update the contents of browser groups. Improved Cost Basis information and various additional Data Tips are amongst the many new and enhanced functionalities provided with PackHedge™ v.5.5.

About FinLab

FinLab Solutions SA is a software solutions company that develops, distributes and supports one of the world’s most advanced investment industry solutions for Alternative/Hedge funds, Private Equity funds, Mutual/Traditional funds and most other investment instruments such as UCITS, ETFs, Equities, Real Estate, Art Collections, etc. and which provides; quantitative and qualitative research and analysis, risk analysis, stress testing, scenario analysis, exposure analysis, contribution and attribution analysis, asset allocation, portfolio construction and management, shadow accounting for portfolios, managed accounts and funds of funds, due diligence, document management, workflow and financial innovation.

The company’s solution PackHedge™, provides a series of state of the art modular software tools in a single fully integrated platform that provides: Unmatched portfolio construction and management tools for complete proforma portfolio simulation and/or comprehensive portfolio construction and management for mixed asset portfolios, managed accounts or funds of funds with liquidity ladder analysis, contribution analysis, attribution analysis and exposure analysis. PackHedge™ offers the most advanced analysis tools including: stress testing, scenario analysis, sensitivity analysis, portfolio optimization, style analysis and peer group analysis, extensive risk analysis and statistics, PCA (principle component analysis) and cluster analysis. Comprehensive CRM, Outlook synchronization, document management, Mail Robot, workflow management tools including setting limits and alarms. PackHedge™ is built on a unique and powerful multi-source, multi-currency, multi-frequency qualitative and quantitative data management model. PackHedge™ includes data aggregation, extensive statistical analysis and charting, a multi-dimensional query engine, and an extremely flexible, easy to use and powerful custom reporting and batch report production capabilities. In addition, tools to manage time series imports and customizable due diligence questionnaires are provided to ensure full data integrity. The company was founded in 1999 and is headquartered in Geneva, Switzerland.

For more information please visit FinLab’s web site http://www.finlab.com or please contact:

FinLab Solutions SA, 11 Rue Maunoir, CH-1207 Geneva, Switzerland.

Denis de Pentheny O’Kelly: +41-22-548-0027 or +1-302-468-6927 or ddepokelly@finlab.com.

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