The Surety & Fidelity Association Joins The Institutes RiskStream Collaborative Surety Working Group

We are looking forward to participating in the RiskStream Collaborative Working Group, the goal of which is leveraging blockchain technology to improve the process of registering, maintaining and verifying powers of attorneys.

WASHINGTON (PRWEB)
February 04, 2021

The Surety & Fidelity Association of America (SFAA) has joined a newly-formed blockchain working group created by The Institutes RiskStream Collaborative™, the risk management and insurance industry’s largest enterprise-level blockchain consortium. The working group, focused on streamlining the power of attorney registration and verification process within the surety industry, is scheduled to launch its first meeting this month.

“We are looking forward to participating in the RiskStream Collaborative Working Group, the goal of which is leveraging blockchain technology to improve the process of registering, maintaining and verifying powers of attorneys,” said Lee Covington, president and CEO of SFAA. “Having a seat at the table will ensure our members are able to contribute to this important effort to explore the potential to streamline business processes in our industry globally and here in the United States.”

“We’re excited that SFAA has joined the working group to build out a solution for power of attorney registration and verification,” said Christopher McDaniel, president of The Institutes RiskStream Collaborative. “We feel that amount of use cases for blockchain and distributed ledger technology within the surety bond sector are limitless, so the power of attorney working group is likely just the beginning.”

The RiskStream Collaborative Working Group, of approximately 200+ participants, includes other trade associations and member companies from the surety and reinsurance industry, system vendors and RiskStream members.

The Surety & Fidelity Association of America (SFAA) is a trade association of more than 425 insurance companies that write 98 percent of surety and fidelity bonds in the U.S. SFAA is licensed as a rating or advisory organization in all states and it has been designated by state insurance departments as a statistical agent for the reporting of fidelity and surety experience. http://www.surety.org

About The Institutes RiskStream Collaborative The Institutes RiskStream Collaborative™ is the risk management and insurance industry’s first enterprise-level blockchain consortium that brings together experts and developers to advance insurance-specific use cases via Canopy, a custom blockchain architecture. The RiskStream Collaborative is committed to equipping organizations to work together to inspire product innovation, enable efficiencies, and open new technological frontiers.

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“Car insurance doesn’t have to be expensive. There are many discounts that can help drivers obtain affordable car insurance rates”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
February 04, 2021

Drivers can easily save money on car insurance with the help of discounts. Car insurance companies are offering discounts in different situations and for various reasons. Policyholders should contact their insurers and check for what discounts they are eligible for.

The discounts that can help drivers save the most money are the following:

• 
  No-claim discount. To obtain this discount, drivers have to maintain a clean driving record for a period that is usually 5 years. That means drivers will have to remain claim-free and suffer no conviction in this period. Drivers that are eligible for this discount can save as much as 25% of their insurance premiums, depending on the insurance companies.
• Good student discount. Students that are doing great in school might be eligible for this discount. Students that have at least a 3.0 GPA can gain a discount that is around 10% of their insurance premiums.
• Low-mileage discount. Drivers that for various reasons are driving less than they normally do, should notify their insurers and check if they are eligible for a low-mileage discount. Driving fewer miles means that drivers are spending less time on the roads and they are less likely to be involved in a car crash. For this reason, insurers are offering a low-mileage discount.
• Paid-in-full discount. Paying for the whole insurance with a single payment can help drivers get a discount. The insurance company will save money by reducing the monthly administrative costs. Depending on the insurer, drivers can save as much as 10% of their premiums with the help of this discount.
• Driver education discount. Defensive driving courses are ideal for seniors that want to refresh their memories and make sure that they still have the ability to drive a vehicle. Graduating from a defensive driving course is rewarded with a great discount and on some occasions with the removal of some points from the driving record.

For additional info, money-saving tips, and free car insurance quotes, visit http://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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“Partnering with HazardHub allows us to integrate deep, highly accurate data sets into our platform flow that will enrich the user experience across our entire organization.” – Ben Clarke, Chief Data Officer of Bold Penguin

SAN DIEGO (PRWEB)
February 04, 2021

HazardHub, the USA’s fastest-growing supplier of geospatial risk data, a 2020 Gartner Cool Company, and 2020 Lloyd’s Lab participant – announces a strategic alliance with insurtech leader Bold Penguin. The alliance allows for HazardHub to supply Bold Penguin with point-of-sale peril and property data to both speed and sharpen the risk evaluation process.

John Siegman, CCA of HazardHub says, “There is a sea-change of innovation in the commercial insurance market, fueled by innovation to make the process both faster and better. Bold Penguin has been leading the charge. We’re incredibly excited to be a key supplier that will continue Bold Penguin’s foray into the commercial space.”

Currently, far too many commercial policies do not consider the impact of peril data on rates, as the process has been too expensive to economically implement. HazardHub smashes that paradigm by providing near-instantaneous access to hundreds of data elements at a cost far lower than competitive products.

Bold Penguin has been a pioneer in streamlining the quote and bind experience in small commercial. Through its unique platform, known as the Exchange, the company drastically reduces the time it takes to get an accurate quote for its agent, broker, and carrier users. Many top U.S. insurance carriers rely on Bold Penguin and its safe, secure, and reliable infrastructure to power their own small commercial efforts. The company’s security and data segregation has been a critical component in gaining industry adoption. Bold Penguin’s alliance with HazardHub will accelerate its mission to simplify commercial insurance and increase its enterprise customers’ access to verified third-party risk information.

“Our insurance intelligence initiatives are committed to powering the industry’s fastest, most accurate small commercial quoting experience for businesses, agents, brokers, and carriers across our whole ecosystem,” says Ben Clarke, Chief Data Officer of Bold Penguin. “Partnering with HazardHub expedites this work, allowing us to integrate deep, highly accurate data sets into our platform flow that will enrich the user experience across our entire organization.”

Bold Penguin will use the HazardHub service to enrich the user experience, streamlining the collection of information part of the application itself. Once integrated into the main application flow, this service will be an added benefit to the key customer users of the Bold Penguin SaaS platform.

Bob Frady, CEO of HazardHub adds, “When we started HazardHub, we realized early on that being able to quickly and easily integrate with other innovative insurtechs would be a key driver of our growth. We are thrilled to integrate with Bold Penguin, as they closely match our own thirst for improvement and innovation in the commercial insurance world.”

Both companies anticipate a roll-out of the partnership throughout 2021.

About HazardHub

HazardHub is your insurance policy against property risk.

Air. Fire. Water. Earth. Man-Made. HazardHub is the only third-generation provider of property-level hazard risk databases spanning the most dangerous perils in the United States. HazardHub translates huge amounts of geospatial digital data into easy-to-understand answers, providing easy to comprehend risk scorecards that are used to make real-world decisions. Our team of scientists provides comprehensive, and innovative, national coverage for risks that destroy and damage property. With more than 30,000,000 results returned to the market, HazardHub is fast-becoming the industry’s go-to vendor for property and risk data.

To learn more about HazardHub please visit http://www.hazardhub.com or reach us directly at support@hazardhub.com.

About Bold Penguin

Bold Penguin is where technology enhances the human touch in commercial insurance. With a heavy focus on agents, Bold Penguin upgrades the user experience for businesses, creates an easy tool for agents, and offers a streamlined process of underwriting for carriers. Bold Penguin was founded in 2016 by a group of entrepreneurs who spent their early days working with Allstate, Nationwide, and Progressive alongside regional carriers and established insurance agencies. For more details, please visit http://www.boldpenguin.com.

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NEW YORK (PRWEB)
February 03, 2021

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, will post its year-end 2020 earnings results the evening of Feb. 10, 2021, to a password-protected website hosted by http://www.intralinks.com. In addition, NFP will host a live conference call to discuss the year-end results on Feb. 11, 2021, at 9:30 a.m. ET.

Interested parties can request access to NFP’s earnings results and the conference call by contacting NFP at ir@nfp.com or 212.301.1088.

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

CONTACT

Hot Paper Lantern for NFP

nfp@hotpaperlantern.com

212.931.6190

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Guided Sign Up. No Hidden Cost. Personal Consultations.

Our tagline, Built by Agents, For Agents is evident in our commitment to meeting both professional and personal needs of our Agents.” – Jeremy Beard, Dir., Business Development

POMPANO BEACH, Fla. (PRWEB)
February 04, 2021

LoKation Real Estate, the Tech-Forward Hybrid Brokerage, launched a partnership with Clearwater Benefits to offer lower-cost choices for health care for their thousands of Agents across Florida, Georgia, and Colorado.

Clearwater Benefits is an insurance brokerage that offers healthcare to Agents who need affordable plans for themselves and their families. Expensive costs and confusing terms can make picking health plans feel overwhelming. Clearwater is tasked with helping LoKation Agents confidently negotiate this process to find the best plan for them, and their families.

“I speak to thousands of Agents per year and many express the issue of being a 1099 Contractor as it relates to insurance. Our tagline, Built by Agents, For Agents is evident in our commitment to meeting both professional and personal needs of our Agents.” – Jeremy Beard, Director, Business Development

LoKation Agents can enroll in traditional insurance or an innovative healthcare options that potentially saves up to $10,000 a year and dramatic reductions in out-of-pocket expenses for improved health benefits over the Health Insurance Marketplace. LoKation Health Advantage is now available to all LoKation Real Estate Agents.

About LoKation Real Estate

LoKation® Real Estate is a tech-forward brokerage that is at the forefront providing the most opportunity, profitability and support Agents require to actualize their potential. Cloud-based technology and SmartSpaces for Agents, LoKation covers all aspects of buying and selling – Real Estate, Mortgage, Title & Insurance services. LoKation ranks #55 per National Association of Realtor® Top 75 Independent Brokerages in the Nation (2020 report) and has produces close to $2b in sales per year. LoKation arms their REALTORS® with the best technology and all the resources needed under one roof including the most efficient online platform for agents to operate from, allowing them to be free to conduct transactions from anywhere. LoKation gives back via our LoKation® Cares philanthropy initiatives in multiple states. Our commitment to our community, agents, and industry is evident through our actions.

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As employment and economic conditions change in the year ahead, we will continue to adapt our solutions and technology to help ensure the success of our clients, candidates and associates.

FRESNO, Calif. (PRWEB)
February 03, 2021

Insurance Relief, part of The PrideStaff Companies, is pleased to announce for the fifth consecutive year that they have earned one of ClearlyRated’s Best of Staffing® Client and Talent Diamond Awards, after winning the Best of Staffing Client and Talent Awards at least five years in a row for providing superior service to their clients and job seekers. This is the eleventh consecutive year Insurance Relief has won a Client Award and the ninth consecutive year they have won a Talent Award.

Each year, fewer than 2% of all U.S. and Canadian staffing agencies earn a Best of Staffing Award and even less go on to earn Diamond Awards; as a five-time winner of the Diamond Award for both client and talent satisfaction, Insurance Relief is truly in a class by itself:

–Each year, fewer than 1% of all U.S. and Canadian staffing agencies earn Client and Talent Best of Staffing Diamond Awards.

–Insurance Relief received a Net Promoter® Score from their clients that is more than double the industry’s average of 28 in 2020.

–Insurance Relief received a Net Promoter® Score from their placed job candidates that is more than quadruple the industry’s average of 18 in 2020.

Winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients and candidates. On average, clients of winning agencies are twice as likely to be completely satisfied than those working with non-winning firms. Candidates who have been placed by winning agencies are also twice as likely to be completely satisfied with the services provided and cite higher levels of performance and engagement which ultimately leads to better employee retention.

“Extending our long-standing track record of customer experience excellence through a year of challenges is extremely meaningful to everyone at Insurance Relief,” said Kade Houston, Division Manager at Insurance Relief. “Best of Staffing ratings come directly from employers and placed talent, proving that our focus on Our Mission to ‘Consistently provide client experiences focused on what they value most’ benefits everyone we serve. As employment and economic conditions change in the year ahead, we will continue to adapt our solutions and technology to help ensure the success of our clients, candidates and associates.”

“After one of the most turbulent years in modern history, winners of the 2021 Best of Staffing award have proven their commitment to go above and beyond in support of their clients and placed talent,” said ClearlyRated’s CEO and Founder, Eric Gregg. “These service leaders have demonstrated their capacity to be agile, to be precise, and to prioritize the client and talent experience above all else. It is my honor to celebrate and showcase the 2021 Best of Staffing winners alongside feedback from their actual clients and placed talent on ClearlyRated.com!”

About Insurance Relief

A division of PrideStaff, Insurance Relief specializes in recruiting top candidates for companies within the insurance industry. The parent company was founded in the 1970s as 100 percent company-owned units and began staffing franchising in 1995. They operate over 80 offices in North America to serve over 5,000 clients. With over 40 years in the staffing business, headquartered in Fresno, CA, all PrideStaff brands offer the resources and expertise of a national firm with the spirit, dedication and personal service of smaller, entrepreneurial firms. For more information on Insurance Relief services, visit our website.

PrideStaff and Insurance Relief’s shared Mission: Consistently provide client experiences focused on what they value most.

About ClearlyRated

Rooted in satisfaction research for professional service firms, ClearlyRated utilizes a Net Promoter® Score survey program to help professional service firms measure their service experience, build online reputation, and differentiate on service quality. Learn more here.

About Best of Staffing

ClearlyRated’s Best of Staffing® Award is the only award in the U.S. and Canada that recognizes staffing agencies that have proven superior service quality based entirely on ratings provided by their clients and placed talent. Award winners are showcased by city and area of expertise on ClearlyRated.com – an online business directory that helps buyers of professional services find service leaders and vet prospective firms with the help of validated ratings and testimonials.

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Jeffrey Waldrup, VP, Talent Acquisition at Princeton Mortgage

In order for Princeton Mortgage to reach our ambitious goals, we knew we needed a true rock star in charge of finding the best talent in the industry.

EWING, N.J. (PRWEB)
February 03, 2021

Princeton Mortgage is pleased to announce that Jeffery Waldrup has joined the company as Vice President of Talent Acquisition. Waldrup will report to Mark Gordon, Chief Revenue Officer of Princeton Mortgage, and will be focused on recruiting, onboarding, and training in order to propel the company to achieve its mission of originating 50,000 loans per year by 2028.

“In order for Princeton Mortgage to reach our ambitious goals, we knew we needed a true rock star in charge of finding the best talent in the industry,” said Mark Gordon, CRO of Princeton Mortgage. “What distinguishes Jeffrey is his consistent success across his different roles during the past 15 years. He brings a rare combination of impressive sales accomplishments, successful management experience, and dynamic systems and process knowledge that will be vital to his success as our head of talent acquisition.”

Prior to joining Princeton Mortgage, Waldrup served as a strategic advisor and partner at HD Investment Group, where he led business development and operational strategies for an investment marketing firm in the private equity sector. Waldrup also served as SVP over the acquisition and development channel at Paramount Bank, where he oversaw onboarding and training for 13 brand locations that opened in 2019. Additionally, he spent a total of ten years with Guaranteed Rate, where he helped grow the company’s online division from 50M to $1B through a focus on sales production and people development.

“I am humbled and excited to join the team at Princeton Mortgage,” said Waldrup. “I believe people are the most important factor in determining an organization’s success, and my goal is to ensure we have A-players players in every seat. I look forward to helping people accomplish their goals, both personally and professionally, as Princeton expands its market share in 2021 and beyond.”

Waldrup earned an AD in business from Lansing College. He is based in the greater Detroit area, where he enjoys reading, golfing, and spending time with his growing family.

About Princeton Mortgage:

Founded in 1983, Princeton Mortgage is a licensed mortgage banker backed by a 100+ year old multi-faceted real estate brokerage, investment, and insurance company. We are positioned as a well-capitalized banker, ranked in the top 1% for customer satisfaction in the nation, debt free and creating dynamic new opportunities within our industry. Our mission is to help people thrive, and we do that by delivering The Effortless Mortgage™. We do what we say we’re going to do and back it up with The Princeton Promise: if you are unhappy with your experience for any reason, get $1,000 back. No strings attached.

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“Checking the insurance market every six months is crucial for every driver. By doing this, drivers will check if their premiums are still competitive or it’s time to choose another provider”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Los Angeles, CA (PRWEB)
February 03, 2021

Cheapquotesautoinsurance.com has launched a new blog post that explains how drivers that compare online quotes every six months can pay lower car insurance rates

For more info and free online quotes, please visit https://cheapquotesautoinsurance.com/drivers-get-car-insurance-quotes-every-six-months/

Many drivers might consider checking for car insurance every six months to be quite excessive, but by doing so, they can save money on car insurance. Car insurance rates can fluctuate depending on several factors. Sometimes, the premiums go up, even if the policyholder has a perfect driving record.

The reasons why drivers should obtain quotes every six months are the following:

• 
  Insurance rates change frequently. Providers are known for changing their insurance rates quite often depending on several risk factors. For example. Insurance carriers can change the rates according to the weather. Drivers that live in the Northeast states will pay more on car insurance if they decide to purchase a policy during the winter. The winter period in the Northeast is known for being long and severe. That’s why drivers should purchase insurance several weeks before the winter starts in the Northeast.
• Improved credit score. One important factor used by insurance companies to determine the premiums is the driver’s credit score. Drivers with a good credit score are seen as more responsible and less likely to file a claim. For these reasons, they will pay less on their insurance. On the other hand, drivers with a poor credit score are considered to have higher chances to file a claim, and for this reason, they will pay more on insurance. To improve their credit score, drivers should pay their bills on time.
• Drivers have maintained coverage. Insurance companies consider that new drivers and drivers with long coverage lapses are high-risk. Without a coverage history, policyholders don’t know if a driver is causing more accidents than the average, or if he pays the bills on time. To change this situation, drivers should maintain continuous coverage for at least six months.
• Vehicles lose value over time. As soon as they get out of the showroom, new vehicles start to lose value. A brand-new vehicle can lose as much as 20% of its value after the first year of being on the roads. Policyholders should not pay the same premiums on a vehicle that has a significantly lower value than in the moment they agree to purchase insurance.
• Major life events. There are some important life events that can have an impact on insurance rates. Getting married, mobbing to a better area, or obtaining a job promotion are some of the events that can help drivers pay less on their premiums.

For additional info, money-saving tips and free car insurance quotes, visit https://cheapquotesautoinsurance.com/

Cheapquotesautoinsurance.com 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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