NEW YORK (PRWEB)
October 19, 2020

NFP Ventures, the early-stage investment arm of NFP, today announced a new partnership with MoneyLion, an award-winning consumer digital finance platform empowering people to take control of their finances. During the first phase of this partnership, NFP’s employer clients will have an opportunity to provide their employees with access to MoneyLion’s full suite of financial tools, including Instacash, a service that offers employees 0% APR cash advances up to $250.

Instacash is among several MoneyLion products designed to provide financial stability and flexibility in an uncertain economic environment. NFP is the first organization to offer MoneyLion as an employee benefit to employer clients, supporting companies as they work to provide tools and resources designed to empower financial well-being among their employees.

MoneyLion has helped millions of Americans easily organize their financial lives and achieve their goals through a variety of financial products. MoneyLion offers advanced mobile banking, fully managed investing, credit-building, rewards, loans and financial wellness products through an all-in-one mobile app.

“We continue to focus on innovative solutions that align with the needs of our clients, including the challenges of financial wellness that have intensified during these uncertain times,” said Shawn Ellis, managing director of NFP Ventures. “Employees of our clients who may be feeling anxiety about their finances, or need support establishing a plan to save and invest, can easily access the MoneyLion Instacash program, giving employers another resource to support their workforce.”

“When employers help their employees address significant challenges, loyalty and productivity increase,” Mike Goldman, president and chief operating officer of NFP. “Being the first to partner with MoneyLion is another example of how we help our employer clients go beyond traditional benefits and provide access to resources that solve a growing issue for many individuals and families. From education on saving and investing to interest free cash advances, MoneyLion is delivering innovative solutions to enhance financial wellness.”

“MoneyLion’s mission is to provide every hard-working American with access to the financial tools they need to gain control over and improve their financial lives. And that’s never been more important, given the challenges many people are facing today,” said Dee Choubey, CEO and founder of MoneyLion. “Incredible partnerships, like ours with NFP, allow us to continue helping millions of Americans take positive steps forward on their financial journeys.”

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 5,700 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, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 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.

About NFP Ventures

NFP Venture, LLC (NFP Ventures) is a venture fund launched by NFP that focuses on strategic partnerships and investments in the emerging Insurtech, Fintech and HR Tech arenas. NFP Ventures’ mission is to find, fund and work successfully with visionary executives, providing them with expertise to foster long-term success. Typically, NFP Ventures targets companies seeking Seed to Series B investment that can benefit from NFP’s distribution, human capital and other unique assets to accelerate their growth.

About MoneyLion

MoneyLion is a mobile banking and financial membership platform that empowers people to take control of their finances. Since its launch in 2013, MoneyLion has amassed more than 6 million members and has earned its customers’ trust with a suite of mobile banking, lending, and investment products. From a single app, members can get a 360-degree snapshot of their financial lives and have access to personalized tips and tools to build and improve their credit and achieve everyday savings.

MoneyLion is headquartered in New York City, with offices in San Francisco, Salt Lake City, Sioux Falls, and Kuala Lumpur, Malaysia.

MoneyLion has received more than 50,000 five-star reviews and has achieved various awards of recognition including the 2020 Forbes Fintech 50, Aite group best digital Wealth Management Multiproduct offering, Finovate Award for Best Digital Bank 2019, Benzinga Fintech Awards winner for Innovation in Personal Finance 2019.

For more information, please visit http://www.moneylion.com or download the app.

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“We are really excited to bring the Sorcero Language Intelligence Platform to Insurtech NY,” said Sorcero CEO & Co-Founder Dipanwita Das. “It’s an amazing opportunity to demonstrate how Sorcero is driving digital transform in the insurance sector.”

WASHINGTON (PRWEB)
October 19, 2020

Sorcero, the leader in Language Intelligence technology, has entered the New York Insurance market, one of the world’s largest. The company was selected to participate in the highly-competitive InsurTech NY growth accelerator program. InsurTech NY is one of the leading organizations fostering innovation of insurance technology in the New York City metro area. Through the program, Sorcero will have an opportunity to demonstrate the capabilities of its Language Intelligence technology to twenty-two of the insurance industry’s top carriers, brokers, and investors.

Sorcero’s acceptance into InsurTech NY continues the company’s expansion into new markets throughout the United States. Earlier this year, the company was invited to join the 2020 MassChallenge FinTech program to connect with Boston-based companies. Sorcero recently received the Blazer Award from DC Inno as one of the top companies driving innovation in the Washington, D.C. area, as well as being named one of Top 10 InsurTech companies in 2020 by Plug and Play.

“We are really excited to bring the Sorcero Language Intelligence Platform to Insurtech NY,” said Sorcero CEO & Co-Founder Dipanwita Das. “It’s an amazing opportunity to demonstrate how Sorcero is driving digital transform in the insurance sector. Insurtech NY has a great reputation as a program that connects industry leaders with companies that are pioneering innovative new technologies.”

WorldQuant Ventures, a New York-based investor in Sorcero, hailed InsurTech NY’s selection of the company to participate in its accelerator program.

“WorldQuant Ventures is really excited that Sorcero is entering the New York market through the InsurTech NY program,” said WorldQuant Ventures Managing Partner Steven Lau. “New York is a leading hub of global finance, and we believe Sorcero’s Language Intelligence technology provides unique business value for STEM-based industries. It’s great to see one of our portfolio companies reach a new stage in its growth trajectory.”

About Sorcero:

Sorcero is driving the next generation of digital transformation for smart, connected enterprises in insurance, life science, and other STEM industries. Our core Language Intelligence technology offers unique AI capabilities infused with deep domain expertise, empowering experts with a platform that understands technical language and supporting mission-critical decisions. Sorcero was founded in Washington, D.C. in 2018 by Dipanwita Das, Richard Graves, and Walter Bender.

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“Before signing any insurance deals, drivers should analyze several factors like insurers’ complaint ratios and customer satisfaction ratings”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
October 16, 2020

Cheapquotesautoinsurance.com has launched a new blog post that explains how drivers can find out the most reliable car insurance companies.

For more info and free quotes, please visit https://cheapquotesautoinsurance.com/how-to-select-the-best-car-insurance-companies/

Working with an insurance company that is reliable is very important. Although there are many insurance carriers that claim they are the best and offer unmatched services and prices, drivers should carefully analyze these companies and their offers before signing any insurance deals.

To find a reliable insurance company, drivers should follow the next tips:

• Determine the coverage needs. Drivers should analyze their budgets and see what policy they can afford. They should decide on how much they are willing to pay on their deductible, what options they need and if they are bundling policies or not. Also, drivers should take into consideration the discounts they might be eligible for.
• Search for car insurance quotes. There are many places where a driver can obtain insurance quotes. The most popular ones are brokerage websites, insurance companies’ websites, and local broker agents.
• Avoid insurance scams. Drivers that found a tempting insurance offer are recommended to check the insurer that made the offer. The easiest way to do that is by going to the local Department of Insurance website. On this site, drivers will find all the insurance providers that are authorized to sell policies in their areas.
• Check financial stability. Drivers need a financially strong company that is capable of paying the claims made by their customers. Various independent agencies have lists with insurance companies and their financial ratings. The most popular agencies where drivers can check financial ratings are A.M. Best, Moody’s, Fitch, Standard & Poor’s.
• Analyze customer satisfaction ratings. What other customers think about an insurance company is important for other potential customers. To find out more about what customers think about an insurer, drivers should check the Auto Insurance Provider Ratings that is released each year by J.D. Power. In this list insurance carriers are rated based on overall satisfaction, policy offering, pricing, billing, payment, and customer support.
• Look for complaint ratios. The Better Business Bureau (BBB) website is the place where drivers should go in order to analyze insurers’ complaint ratios.

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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Steve Deal, AssuredPartners CMO

President and COO, Tom Riley said, “Steve Deal has gone above and beyond in every role he has touched at AssuredPartners. Our partners are integral to our business and Steve leading the charge of these relationships aligns with our strategy moving forward.”

LAKE MARY, Fla. (PRWEB)
October 15, 2020

AssuredPartners today announced that Steve Deal will assume the newly formed role of Chief Marketing Officer. The transition will be effective January 1, 2021, at which time, Steve will transition from the Eastern Regions President to Chief Marketing Officer.

Steve Deal has been a long-standing figure within AssuredPartners. Steve joined AssuredPartners in April 2013 as an Executive Vice President and Director of Sales with over 40 years in the industry as a regional leader, agency president and producer. Since 2018, Steve has served as Eastern Regions President in which he structured local operations, properly positioned financials, sales, marketing and IT structures to support additional growth. In his new role, Steve will serve as the carrier relationship manager for AssuredPartners property and casualty placements and E&S wholesale placements. In addition, Steve will focus on the continued development of AssuredPartners vertical lines of business with Chief Organic Growth Officer, Ty Beba. This role is a crucial next step for the strategic growth of AssuredPartners corporate structure.

President and COO Tom Riley said, “Steve Deal has gone above and beyond in every role he has touched at AssuredPartners. I am confident that this next chapter in his career will benefit AssuredPartners greatly in our future development. Our partners are integral to our business and Steve leading the charge of these relationships aligns with our strategy moving forward. We are pleased to have Steve as our newly named Chief Marketing Officer and wish him success as we continue to cultivate our partnerships in the industry.”

ABOUT ASSUREDPARTNERS, INC.

Headquartered in Lake Mary, Florida and led by Jim Henderson and Tom Riley, AssuredPartners, Inc. acquires and invests in insurance brokerage businesses (property and casualty, employee benefits, surety and MGU’s) across the United States and in London. From its founding in March of 2011, AssuredPartners has grown to over $1.6 billion in annualized revenue and continues to be one of the fastest growing insurance brokerage firms in the United States with over 190 offices in 34 states and London. For more information, please visit http://www.assuredpartners.com.

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Their decades of industry expertise will be a valuable addition to our expanding presence in the greater Boston area. We are proud to welcome them to Alera Group.

DEERFIELD, Ill., and BOSTON (PRWEB)
October 15, 2020

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, announced today that it has acquired Gordon Atlantic Insurance Agency, effective October 1, 2020.

Located in Norwell, Massachusetts, Gordon Atlantic works with clients throughout the Northeast to meet personal and business insurance needs. Motivated by their motto of “Making Insurance Make Sense,” the Gordon Atlantic team has helped clients throughout the region by creating custom insurance programs that provide both clarity and coverage.

“As we continue to grow in the Northeast, we are thrilled to have Gordon Atlantic as an Alera Group company,” said Alan Levitz, CEO of Alera Group. “Their decades of industry expertise will be a valuable addition to our expanding presence in the greater Boston area. We are proud to welcome them to Alera Group.”

“At Gordon Atlantic, we take great pride in providing our clients with the best possible insurance solutions for their needs. As an Alera Group company, we are strategically positioned to continue to grow and meet our clients’ needs with industry-leading resources,” said Geoffrey Gordon, Managing Partner of Gordan Atlantic. “We look forward to the collaborative future ahead as part of Alera Group.”

Gordon Atlantic joins Alera Group through local firm Sylvia Group. The Gordon Atlantic team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.

About Alera Group

Based in Deerfield, IL, Alera Group’s over 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 11th largest privately held firm in the country. For more information, visit http://www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.

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“Drives can easily save money on car insurance if they compare online quotes once at every six months”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
October 15, 2020

Every driver needs an affordable car insurance policy. However, the price of car insurance is on the rise and finding cheap insurance is not an easy task.

Drivers that want to save money on car insurance are advised to follow the next tips:

• Maintain a clean driving record. It is very common for insurance companies to reward drivers that don’t receive traffic tickets and are not causing accidents. In order to qualify for a discount that can be as large as 20%, drivers are required to maintain their driving records clean for a period that is between three to five years.
• Insure the right vehicle. New imported sports cars or limousines are among the most expensive vehicles to insure. Drivers that want cheaper insurance rates should not rush to those kinds of vehicles. Instead, they should try to insure a slightly used car that comes equipped with several safety features.
• Check if full coverage is still worth it. Vehicles lose their value over time and after a period keeping full coverage is not worth it. If a car’s value is less than ten full coverage payments, then drivers are recommended to drop full coverage and keep only the state’s minimum liability coverage.
• Look for discounts. Car insurance companies are well known for offering various discounts to their customers. Drivers should contact their insurers and ask for a list of available discounts. Some of the most common discounts provided by insurers are installed safety devices discount, low-mileage discount, bundle policies discount, good student discount, etc.
• Shop online for better insurance deals. Drivers should scan the insurance market at least two times per year. In six months, many events can happen in the driver’s life. Drivers can obtain better rates if they move to a better neighborhood, they get married or they obtain a better job.

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.

For more information, please visit https://compare-autoinsurance.org

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John brings an incredible amount of experience and real-life business acumen to this important position.

PHILADELPHIA (PRWEB)
October 14, 2020

Graham Company, one of the country’s largest insurance and employee benefits brokers, today announced the appointment of John Baxter to Senior Vice President of Employee Benefits. In this role, Baxter will be responsible for leading the operations and strategic direction for the Employee Benefits Division.

Since launching in 2005, the Employee Benefits Division has become the fastest-growing part of the firm and established Graham Company as a premier benefits consultant on a national scale. Through a results-oriented approach, Graham focuses on leveraging technology and innovation to deliver creative employee benefits solutions for clients, with a marked focus on managing costs, maximizing benefit value and providing tools to holistically address wellness.

“Having worked on both the client and insurance broker side of the business, John brings an incredible amount of experience and real-life business acumen to this important position,” said Ken Ewell, President and COO of Graham Company. “We are thrilled to have someone of his caliber leading our team of experienced and industry-leading benefits consultants. The Employee Benefits Division is a key part of our strategic plan, and we’re confident we’ll continue to deliver unmatched service to our clients with John at the helm.”

Baxter brings a deep skillset to the position, honed through decades of experience purchasing employee benefits programs while serving as CFO for large companies in the construction and manufacturing industries. More recently, he has served as CFO of Graham Company. As a 100% employee-owned firm, Graham uniquely understands how benefits are a key driver of recruitment and retention.

“I’m incredibly excited to lead our Employee Benefits Division, helping to build on the strong momentum the team has already established,” said Baxter. “With a foundation as one of the leading employee benefits consultants in the country, my goal is to expand our platform by embracing innovation to better serve our clients and provide solutions to help employees lead healthier lives.”

About Graham Company

Graham Company is one of the largest insurance and employee benefits brokers in the country, committed to enhancing employee safety and business viability through an action-oriented approach to risk management. In business for 60 years, Graham Company designs customized and effective property and casualty, surety and employee benefits programs for its clients to protect employees and prevent losses. With offices in Philadelphia, New York City and Washington, DC, Graham Company became 100% employee-owned through an employee stock ownership plan in 2017. Through its innovative insurance and safety training programs, Graham Company is redefining what it means to be an insurance broker. To learn more, visit http://www.grahamco.com.

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L-R Brian Blough and Cheri Plummer of Lee O’Keefe Ins. and Bob McDermott, Rochester CUSD #3A and President of the PSIC Board.

RIVERDALE, Ill. (PRWEB)
October 15, 2020

PSIC is a full-service insurance and risk management program offered to public schools in North, Northwest, Central, and Southern Illinois. The comprehensive program gives members long-term stability as well as broader coverages and increased limits. In addition to workers compensation, coverages include property & casualty, automobile, excess liability, school board legal, student accident, cyber liability, pollution and more.

The risk-sharing pool purchases traditional insurance in excess of a self-insured loss fund. The specialized nature of the program design offers the potential return of loss fund dollars subject to favorable loss experience. PSIC’s equity return is evidence that the program is well managed and profitable.

PSIC was created in 2006 and currently has 214 members.

The program is administrated by Gallagher, the leading provider of risk management and insurance solutions for Illinois Public School Districts.

ARM of Illinois is the exclusive marketing agent of PSIC. A member of ARM International, the group provides a proven distribution platform for insurers, wholesalers, and program managers. ARM of Illinois has 24 independent agency members operating from locations throughout Illinois.

For more information and local contacts, visit http://www.prairiestateinsurance.org.

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