Category Archives: Business

Press Releases from the Business World. Announcements, Product releases, Appointments.

Business: Insurance

Venture Pacific Insurance Named a Top Insurance Workplace by Insurance Business America for Third Year

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“We’re honored to make the list for a third year. Our employees dedicate themselves to providing the best insurance products and service to our clients which is a direct reflection and contribution to our success as a company” said CEO, Curtis Barton.


LADERA RANCH, Calif. (PRWEB)

Venture Pacific Insurance Services, Inc. (VPIS), a leading insurance provider located in Orange County, today announced it has been named in the annual Best Places to Work in Insurance program, which recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.

“We’re honored to make the list for a third year. Our employees dedicate themselves to providing the best insurance products and service to our clients which is a direct reflection and contribution to our success as a company,” said CEO, Curtis Barton.

To be considered a Top Insurance Workplace, organizations were invited to fill out an employer form to provide details on their various offerings and practices. Employees from nominated companies were then asked to fill out an anonymous form evaluating their workplace on a number of metrics, including benefits, compensation, culture, employee development and diversity. In order to be considered, each company had to reach a minimum number of employee responses based on overall size. Organizations that achieved at least an 80% average satisfaction rating from employees were named a Top Insurance Workplace.

The ranking and profiles of the winning companies will be unveiled in the August 2020 of Business Insurance America and online at InsuranceBusinessMag.com.

About Venture Pacific Insurance Services, Inc. (VPIS)

VPIS specializes in Commercial Insurance, Benefits, Personal Lines, Financial Services and Risk management Solutions. VPIS Is a specialty niche insurance brokerage offering many specialty insurance programs designed specifically for Security Guard Companies, Action Sports Industry, Pool Industry, Social Services/ Non-Profits and many other service-related businesses. VPIS strives to bring not only standard insurance solutions to the table but also alternative market solutions for hard to place risks. For more information about Venture Pacific Insurance Services, call Curtis Barton at 949-297-4900, or visit VpisRisk.com.

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Business: Insurance

How Car Insurance Companies Are Investigating the Claims Made by Their Customers

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“To avoid paying too much for a claim, car insurance companies will investigate any request. The claims adjuster will make sure that the customer will get exactly how much is needed and will eliminate the risk of insurance fraud”, said Russell Rabichev, Marketing Director


LOS ANGELES (PRWEB)

Insurance companies will do their own investigations, before paying the claims made by their customers. They do that in order to avoid insurance fraud or because they don’t want to pay for losses if they don’t have to.

Drivers that file a claim should know the following:

  • Drivers will have to deal with a claims adjuster. Insurers will dispatch a claims adjuster to handle a claim made by a policyholder. The claims adjuster will ask the policyholder to provide details about the incident. A copy of the police reports and eyewitness testimonials will strengthen the claim. Based on the gathered information, the claims adjuster can decide if the claim is covered under the current insurance policy. In some cases, the claims adjuster will ask for additional information, such as medical reports from the healthcare provider, medical bills, proof of lost wages, proofs that show damage to the property (photos, or videos).

  • Why claims are investigated. The reasons for this decision are quite obvious. Insurers will suffer a loss whenever they will have to pay for a claim. To avoid that, insurance companies will thoroughly investigate the claim to decide if they will pay for it. Insurance fraud is quite common and many persons tried to make money by asking for reimbursement after they deliberately damaged their cars.

  • Preparing for the investigation. Policyholders will have to prepare all the evidence they gathered from the accident scene, eyewitness testimonials, a copy of the police report, medical bills, and other relevant pieces of evidence. In most cases, the claims adjuster will document the case by taking pictures of the vehicle, the damages it suffered, and the place where the incident happened. Claims adjusters will also ask various questions depending on the nature of the incident. It is important to remember to not lie to a claims adjuster.

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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Business: Insurance

Insurtech Woop launches new service that makes comparing insurance coverage easier

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We apply modern technology to a traditional industry that often forces clients to speak with agents.


PHILADELPHIA (PRWEB)

Philadelphia-based insurance technology start-up, Woop Group Inc., announced the launch of its Concierge Quoting Service. Woop’s Concierge Quoting provides the technology solution for customers who want to shop for home and auto insurance online, but don’t want to spend hours going to different insurance companies’ websites or dealing with awkward sales calls.

Concierge Quoting customers upload their current insurance information, guaranteeing accuracy of the policy details, while streamlining the application process. Woop then provides a true apples-to-apples price comparison for customers to buy online.

Kevin Horio, the firms CTO and co-founder, explained that: “Our mission is to make insurance as easy as buying everything else online. We apply modern technology to a traditional industry that often forces clients to speak with agents, whether customers want to or not. What makes our job challenging is that insurance companies want different data. So, typically, more quotes to compare, mean more questions to ask the customer. We are proud of how our current service has simplified this experience. With Concierge Quoting, our customers get personalized quotes and great prices, with fewer questions. It is a better customer experience.”

Woop has launched this new service with select B2B partnerships and will begin rolling out the feature with its direct business.

“This is an exciting step in our journey,” said Kevin Utz, Woop’s Engineering Manager. “Concierge Quoting allows us to cater to customers that already have insurance and want to shop prices without sacrificing coverage. The launch of Concierge Quoting represents our ability to update our platform to meet any specific customer need.

About Woop Insurance Agency and Woop Group:

Woop Insurance Agency (Woopinsuranceagency.com) is a personal lines, property, and casualty insurance agency, licensed in 47 states. Woop Insurance Agency is a wholly-owned subsidiary of Woop Group, Inc. (Woopgroup.com), a B2B2C Insurance technology “Insurtech” company, with their main offices located in Philadelphia, PA. Founded in 2019, the company focuses on technology-driven solutions that provide online customers with bindable home, auto, renters, and condo quotes and creative B2B structures that allow for continuous revenue sharing with strategic partnerships.

For more information contact info@woopgroup.com.

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Business: Executives

HoustonCIO Announces Recipients of 2020 CIO of the Year ORBIE Awards

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HOUSTON (PRWEB)

HoustonCIO announced the winners of its 2020 CIO of the Year® ORBIE® Awards. HoustonCIO recognized chief information officers in seven key categories – Leadership, Super Global, Global, Large Enterprise, Enterprise, Corporate and Nonprofit. The Houston CIO of the Year Awards were presented virtually.

“The HoustonCIO ORBIE winners demonstrate the value great leadership creates. Especially in these uncertain times, CIOs are leading in unprecedented ways and enabling the largest work-from-home experiment in history,” according to Monique Cook, Executive Director of HoustonCIO. “The ORBIE Awards are meaningful because they are judged by peers – CIOs who understand how difficult this job is and why great leadership matters.”

The 2020 Houston CIO of the Year ORBIE Award winners are:


  • Wayne Shurts, EVP & CTO, Sysco Corporation (fmr), received the Leadership CIO of the Year ORBIE.

  • Jennifer Hartsock, CIO, Baker Hughes, received the Super Global ORBIE for organizations over $4 billion annual revenue & multi-national operations.

  • Ishmael Cooper, VP & CIO, LivaNova, received the Global ORBIE for organizations over $1 billion annual revenue & multi-national operations.

  • Jonathan Sider, CIO, Mattress Firm, received the Large Enterprise ORBIE for organizations over $2 billion annual revenue.

  • Todd Renaud, CIO, Conn’s HomePlus, received the Enterprise ORBIE for organizations over $500 million annual revenue.

  • George Crawford, CIO, Catapult Energy Services, received the Corporate ORBIE for organizations up to $500 million annual revenue.

  • Charles Thompson, CIO, Port of Houston Authority, received the Nonprofit ORBIE for government, education & not-for-profit organizations.

The CIO of the Year ORBIE Awards is the premier technology executive recognition program in the United States. Since inception in 1998, over 1,000 CIOs have been honored as finalists and over 225 CIO of the Year winners have received the prestigious ORBIE Award. The ORBIE honors chief information officers who have demonstrated excellence in technology leadership. Finalists and winners are selected by an independent peer review process, led by prior ORBIE recipients, based upon:

  • Leadership and management effectiveness

  • Business value created by technology innovation

  • Engagement in industry and community endeavors

The CIO Awards ceremony was keynoted by Becky Blalock, Former SVP & CIO of Southern Company. Over 300 guests attended, representing leading Houston organizations and their technology partners.

The 2020 Houston CIO of the Year Awards was made possible by the following sponsors:

  • Underwriters: Pariveda, CenturyLink, Blue Sky IT Partners & Athenian Consulting

  • Gold sponsors: Utegration & Presidio

  • Silver sponsors: Splunk, NetSync, Workday, Deloitte, Credera, SHI & Mphasis

  • Bronze sponsors: KPMG, Blackberry Cylance, Sendero Consulting, ReCode Solutions, Caliber Solutions, Dell Technologies, Layer 3 Communications, ServiceNow, Microsoft, Infosys, Capgemini, Visionet & Between Pixels

  • Media partner: The Houston Business Journal

  • About HoustonCIO

HoustonCIO is the preeminent peer leadership network of Houston chief information officers. HoustonCIO is one of 17 chapters of the InspireCIO Leadership Network, a national membership organization comprised exclusively of CIOs from public and private businesses, government, education, healthcare and nonprofit institutions.

HoustonCIO is led by a CIO Advisory Board, supported by an executive director and staff. Underwriter executives ensure programs remain non-commercial and exclusive to qualified CIOs and members.

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Business: Executives

Former McDonald’s Global Data Insights Chief Joins HubKonnect Advisory Board

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NEW YORK (PRWEB)

HubKonnect, Inc. today announced an addition to its Advisory Board. The Board of Directors and CEO Michael Koch have appointed Jim Rand as Senior Advisor of the company, effective July 31st.

Rand is the former Sr. Vice President of Global Data Insights and Development for McDonald’s and led the restaurant giant through its most prosperous era. Rand is one of the world’s most innovative leaders in trading area data. He developed and accelerated the use of local community insights to create data-driven marketing tactics that have become the industry standard for Quick Service Restaurants.

“Jim provides us with unprecedented knowledge of local market optimization,” said HubKonnect CEO Michael Koch. “His vast experience with trading area analysis and global insights implemented hyper-locally will ensure we continue to lead QSR and AI, customer relevant local marketing.”

HubKonnect is a continuously learning platform that collects and analyzes millions of data points and creates strategic, customized Local Store Marketing (LSM) plans for individual franchise and multi-unit locations.

“Jim is one of the foremost authorities and the go-to guy for data insights into individual locations,” said HubKonnect Executive Advisor, Kevin Newell, former McDonald’s Global Chief Brand Officer. “He completely revolutionized how local trading area data is used to drive sales and transactions across the industry. He is a great addition to our advisory team.”

Jim will interact with HubKonnect Leadership, data scientists, technologists, and marketing experts to continue accelerating the platform roadmap to service the world’s leading QSR and retail organizations.

HubKonnect brings Local Marketing expertise and innovative technology together to enable local franchises to build intelligent and custom Local Store Marketing plans that deliver on brand, sales, and engagement objectives.

“Understanding the importance of daily customer opportunities can only be solved by LSM,” Rand said. “HubKonnect is the most cutting edge, data-driven resource that every QSR needs to implement to help identify and prioritize a program that will optimize daily sales in every trade area.”

About HubKonnect: HubKonnect’s cognitive AI platform suggests customized local marketing ideas based upon an analysis of the specific customers and opportunities within an individual retail location. HubKonnect provides an immediate benefit for the top franchises in the world by providing local marketing expertise to individual franchise locations. Visit http://www.hubkonnect.com for more information.

Facebook: https://www.facebook.com/HubKonnect

Twitter: https://twitter.com/hubkonnect

LinkedIn: https://www.linkedin.com/company/16188017/

crunchbase: https://www.crunchbase.com/organization/hubkonnect

YouTube: https://www.youtube.com/channel/UCHOHu4Qv232qJMP5EOHTCgw

John Brennan

HubKonnect

John.Brennan@hubkonnect.com

312-259-3016

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Business: Insurance

Amerisure Named a Super Regional Property/Casualty Insurer™

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FARMINGTON HILLS, Mich. (PRWEB)

For the 14th consecutive year, Amerisure has been named a Super Regional Property/Casualty Insurer by Insurance Journal. Both Amerisure Insurance Company and Amerisure Mutual Insurance Company have been on the list since it began in 2007. The distinguished list of leading multi-state property/casualty insurers can be found in the magazine’s July 6, 2020 issue.

“Being recognized as a Super Regional Property/Casualty Insurer for so many years is a true testament to our consistent performance in creating mutual successes for our Partners For Success® agencies through providing superior service, market expertise and innovative & competitive insurance solutions,” said Matt Ford, Amerisure’s Vice President of Field Marketing and Underwriting.

Super Regional insurers are identified by Demotech Inc., the official research partner of Insurance Journal, by using data as of December 31, 2019. Reporting data and direct written premium of at least $25 million were some of the qualifying criteria used to evaluate the 148 companies named to the list.

Demotech Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers. Since 1985, the company has served the insurance industry by assigning accurate, reliable and proven Financial Stability Ratings® of property/casualty insurers and title underwriters. The Demotech Company Classification System is an objective stratification of the companies that comprise the industry based on individual business models.

About Amerisure Insurance

Amerisure is an insurance organization charged with creating exceptional value for its Partners For Success® agencies and policyholders. As an A rated (Excellent) property and casualty insurance company licensed in 50 states, Amerisure provides a comprehensive line of insurance products to protect businesses focused in construction, manufacturing and healthcare through strategically located Core Service Centers. For more information, visit amerisure.com.

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Business: Executives

Derek Di Risio, President of PSEG Services, has been appointed to the CTO Forum Advisory Board

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SANTA CLARA, Calif. (PRWEB)

The CTO Forum today announced that Derek Di Risio, President of PSEG Services Corporation, has been appointed to the CTO Forum Advisory Board. The CTO Forum brings together senior technology executives, business leaders and academicians to discuss and collaborate on key technology issues and to accelerate innovation across organizations.

“We are honored to welcome Derek Di Risio to represent PSEG on our advisory board. Derek and I are in firm agreement that businesses must address the most ubiquitous and critical business challenge of our times… digital transformation. The CTO Forum is fully focused on delivering executive education programs that comprehensively address the necessary components including leadership, strategy, technology, operations, and culture. I find it inspiring to collaborate with such a dynamic and determined leader who is committed to leading digital transformation in as complex and venerable organization as is PSEG. As the we move forward, I know Derek’s passion, expertise and vision will be a huge asset for the entire CTO Forum community,” said Basheer Janjua, Founding-Chair and President of the CTO Forum.

CTO Forum hosts a series of events for its members each year, and each is designed to explore industry landscapes, taking a “deep dive” approach to analyzing technology and leadership challenges with preeminent executives and subject matter. Its Advisory Board sets the agenda for all of the events hosted each year, selecting top-tier speakers and thought leaders to examine the most important industry topics including those related to technology, engineering, disruption, strategy and innovation.

“It is my pleasure to accept this appointment to the CTO Forum,” said Di Risio. “Throughout my career, I have focused on leveraging innovation investments and business transformation initiatives to strengthen my overall organization. This is well-aligned with the CTO Forum’s mission as we share the belief that digital transformation is the fundamental driver for successful and sustained business growth for not just utilities, but all businesses. I look forward to collaborating with fellow members to drive successful transformation of our respective businesses forward.”

As President of PSEG Services Corporation, Di Risio is responsible for improving the coordination and delivery of several centralized services currently resident within the organization including corporate communications, corporate real estate, information technology, procurement, payroll and other transactional services. Prior to this, Di Risio served as vice president and controller of Public Service Enterprise Group (PSEG), Public Service Electric and Gas Company (PSE&G), PSEG Services Corporation, PSEG Energy Holdings and PSEG Power, a position he assumed in December 2006. He was instrumental in re-engineering the enterprise business planning process and advancing the use of performance metrics and balanced scorecard measures to improve business results. Prior to joining PSEG, Di Risio worked for several firms, including Chase Manhattan Bank.

About CTO Forum

The CTO Forum is a non-profit organization dedicated to fostering a trusted, open and creative environment where the brightest minds of our times convene to address industry’s most important issues. The CTO Forum brings together the best minds in technology from different industries to define opportunities, and to collaborate in harnessing the extraordinary potential of technology. The CTO Forum’s mission is to deliver a Global Innovation Platform, where technology leaders collaborate and co-create the technology and solutions that will be critical to meeting tomorrow’s global opportunities and challenges. For more information, visit http://www.ctoforum.org.

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Business: Executives

Service Express Welcomes New Chief Financial Officer to Executive Leadership Team

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Service Express welcomes new CFO

“We are looking forward to the strategic value, knowledge and experience John will bring to the team,” says Service Express President and CEO Ron Alvesteffer. “We believe that John is going to be a great fit at Service Express, and we look forward to learning from him.”


GRAND RAPIDS, Mich. (PRWEB)

Service Express, a leading company in third-party data center maintenance, has welcomed its new Chief Financial Officer, John C. Madden, to the organization. In his role as CFO, John will help to lead the organization’s strategic growth as a partner with the Executive team.

John joins Service Express with over 25 years of experience in leading growing companies. John’s background includes executive roles for global enterprise organizations including, Dell, Inc., DJO Global, a medical device provider and Tesla Energy. He has played a critical role in designing and executing multiple business transformation programs and delivering significant returns across multiple departments.

In his more than 14 years at Dell, John held numerous operations and finance leadership positions, where he created the framework to define core business models and pinpoint productivity improvements.

In his most recent role, John was CFO and Vice-President at Tesla Energy, a $1.8 billion global leader, providing Solar Energy, Storage and Supercharger Product Solutions. John was responsible for all financial aspects impacting liquidity, profitability and growth – including operational augmentation for demand planning and services.

In addition to his years of successful leadership, John served as a U.S. Army officer from 1990-1995. He served in the 82nd Airborne Division and 2nd Infantry Division as an Infantry and Military Intelligence Captain.

“We are looking forward to the strategic value, knowledge and experience John will bring to the team,” says Service Express President and CEO Ron Alvesteffer. “We believe that John is going to be a great fit at Service Express, and we look forward to learning from him.”

About Service Express

As a leading Third-Party Maintenance (TPM) provider, Service Express specializes in onsite data center maintenance for server, storage and network equipment. Service Express partners with IT professionals to reduce costs and optimize infrastructure strategy. Founded in 1993, Service Express maintains multivendor data center equipment for healthcare, manufacturing, education, finance, government, technology and other Fortune 500 companies worldwide.

In addition to post-warranty maintenance, Service Express helps with hardware system and sales solutions, OS support, IT asset recovery and data center relocations. For more information about Service Express, visit http://www.serviceexpress.com.

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Business: Executives

AI-Driven Price Segmentation Topic of Vendavo® Webinar August 4 & 5

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The one-hour session will include discussion on the value price segmentation can bring to the customer’s experience and how it can drive significant profitability to a company’s bottom-line.


DENVER (PRWEB)

To help organizations interpret customer willingness-to-pay and segment price accordingly, Vendavo®, the market leader in commercial excellence solutions, today announced it will host a new webinar, AI-Driven Pricing Segmentation for B2B Profitability on August 4 in the EU and August 5 in the US.

Led by Darius Fekete, Business Consultant at Vendavo, the one-hour session will include discussion on the value price segmentation can bring to the customer’s experience and how it can drive significant profitability to a company’s bottom-line. Participants will also learn:


  • Six expectations from improved pricing segmentation on profitability

  • AI’s role in the development of customer segmentation

  • A 3-step process for building your iterative cycle

  • A distribution case example achieving a margin uplift, improved customer satisfaction and higher win-rates

The webcast will be broadcasted twice to cover EU and US time zones. On August 4th at 14:00 CEST the EU webcast will be broadcasted – learn more and register here. On the following day, August 5th at 10:00 AM PT the US will be broadcasted – learn more and register here.

About Vendavo

Vendavo powers the shift to digital business for the world’s most demanding B2B companies, unlocking value, growing margin and accelerating revenue. With the Vendavo Commercial Excellence platform, companies develop dynamic customer insights and optimal pricing strategies that maximize margin, boost sales effectiveness and improve customer experience. With an annual margin improvement totaling more than $2.5 billion across companies in chemicals, distribution, high-tech and manufacturing, Vendavo delivers cutting-edge analytics and deep industry expertise that help companies stay one step ahead. Vendavo is headquartered in Denver, CO and has offices around the globe. Learn more at Vendavo.com.

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Business: Executives

Sea Hawk Parent Company Appoints Doug Laue as New Nautical Coatings Chief Financial Officer

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As New Nautical Coatings positions itself to be the leading provider of specialty marine coatings, well managed financial operations and execution of strategic initiatives is critical to meeting the company’s goals


CLEARWATER, Fla. (PRWEB)

New Nautical Coatings, Inc., parent company of Sea Hawk Paints, Blue Water Marine Paints, Flexdel/Aquagard Paints and Hawk Epoxy today announced the appointment of Doug Laue to chief financial officer. Based at the company’s headquarters in Clearwater, Florida, his responsibilities include overseeing all financial strategy, management, and reporting, as well as executing key business improvement initiatives.

“As New Nautical Coatings positions itself to be the leading provider of specialty marine coatings, well managed financial operations and execution of strategic initiatives is critical to meeting the company’s goals,” said Erik Norrie, New Nautical Coatings’ CEO. “Doug brings over 20 years of successful contribution providing strategic, tactical and financially responsible leadership for top companies to this newly created position, making him the ideal person to join our executive team for the continued execution of our business strategies,” Norrie added.

Prior to joining New Nautical Coatings, Doug spent nine years as the CFO of Davidoff of Geneva, Inc. Before that he served as CFO of several businesses in Florida and Massachusetts and a manager at Ernst & Young LLP. Doug is a graduate of Florida Atlantic University with a Bachelor of Science in Accounting, Dartmouth College Tuck Executive Program, and a certified public accountant.

A trendsetter of marine bottom paints, New Nautical Coatings, Inc. was established in 1978 and is dedicated to bringing only the highest quality products and customer satisfaction to today’s mariner. New Nautical Coatings is family owned and operated with a commitment to excellence. It provides a wide array of application specific marine coating products that include the Sea Hawk, Blue Water Marine, Flexdel/Aquagard, and Hawk Epoxy branded antifouling systems, primers, solvents, and resins. Now offering innovative products globally, New Nautical Coatings, Inc. has enjoyed unprecedented growth and continues to grow as its brands become more in demand worldwide. For more information, contact Michael O’Keene at (727) 523-8053 or visit http://www.newnauticalcoatings.com.

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