Category Archives: Business

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

Business: Executives

TPx Taps 25-Year Telecom Veteran Ken McMahon as SVP of Customer Success

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Ken McMahon, SVP of Customer Success, TPx Communications

Ken McMahon, SVP of Customer Success, TPx Communications

“Ken is both a competitive leader and powerful advocate for the customer. As such, he’s highly qualified to lead the launch of the TPx customer success organization.”


LOS ANGELES (PRWEB)

TPx Communications, the premier managed services provider, today announced that telecom industry veteran Ken McMahon has joined the company in the newly created role of Senior Vice President of Customer Success, which makes customer centricity a strategic focus in TPx’s ongoing transformation.

In this key leadership position, McMahon will be responsible for building customer trust, ensuring customer satisfaction, driving service adoption and promoting retention. He will leverage many tools, including proactive engagement with customers as well as serving as their champion and liaison with other TPx organizations, such as marketing, product development, billing and technical support.

“Ken is both a competitive leader and powerful advocate for the customer. As such, he’s highly qualified to lead the launch of the TPx customer success organization,” said Greg Daily, Chief Revenue Officer at TPx. “Ken’s breadth and depth of executive experience will serve TPx well immediately and as it evolves to meet the ever-changing technology requirements of our business customers.”

McMahon has 25 years of experience leading various aspects of the end-to-end customer experience, including professional services, customer success, customer care, national operations and sales. He joins TPx from Vonage where he developed a Global Customer Success organization supporting unified communications as a service (UCaaS) and contact center as a service (CCaaS) customers. In this role, McMahon oversaw all customer implementations, care and technical support and customer success.

Previously, McMahon spent seven years at CenturyLink where he held a number of senior-leadership roles in sales, field operations and capital investment, among others. Prior to that, he was Director of Sales Support at EMBARQ, which was acquired by CenturyLink in 2009. Earlier, he held several roles managing customer care, support services and business transformation for Sprint.

“During my career I’ve led organizations in sales, operations, care and technical support, service delivery, customer success, marketing and more,” said McMahon. “Along the way, I’ve been involved in eight mergers and acquisitions, which means integrating and transforming organizations. I believe that the combination of business management experience, transformation experience, desire to drive value for customers and my competitive fire will benefit TPx.”

“I joined TPx because it has an excellent opportunity to accelerate growth with a large addressable market, great leadership, a strong product portfolio and a great partner in Siris Capital,” McMahon added. “This is a great opportunity and I want to be a part of the transformation to a best-in-class managed service provider.”

In February 2020, TPx was acquired by Siris Capital LLC, a leading private equity firm focused on investing and driving value creation in technology and telecommunications companies.

About TPx

Founded in 1998, TPx is a leading provider of UCaaS, Managed IT services and Managed Connectivity services, with approximately 25,000 customers with more than 50,000 customer locations across the U.S. TPx has best-in-class customer service embedded in its corporate DNA, offering guaranteed performance to all customers wherever there’s a broadband connection. TPx customers serve every business sector and include many government and not-for-profit enterprises. For more information, visit http://www.tpx.com or follow @TPxComm on Twitter.

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Business: Insurance

Financial Fitness Group Expands Partnership with the Iowa Insurance Division to Continue to Provide Financial Literacy to Every Iowan

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Example of User Experience for My Courses section of platform

“We’re proud to help Iowans take steps toward a more secure financial future,” Iowa Insurance Commissioner Doug Ommen said. “I encourage all employers and affiliate organizations to join us in providing these resources to their employees and members. It’s free and easy to do but can make a big imp


SAN DIEGO (PRWEB)

Financial Fitness Group (http://www.financialfitnessgroup.com) and the Iowa Insurance Division announce the extension of their partnership to provide financial education to Iowans. For the last seven years, the Iowa Insurance Division, in collaboration with the Financial Fitness Group, has offered the Iowa Financial Fitness Challenge to all employers and large affiliate organizations in Iowa. This public service initiative is sponsored and funded by the Iowa Insurance Division at no cost for employers and their employees to access the program.

“We’re proud to help Iowans take steps toward a more secure financial future,” Iowa Insurance Commissioner Doug Ommen said. “I encourage all employers and affiliate organizations to join us in providing these resources to their employees and members. It’s free and easy to do but can make a big impact to Iowans.”

Now more than ever, the impact of financial literacy on the American workforce is critical. Recent studies suggest that in light of COVID-19, employees are now facing new work-life challenges in the current crisis, with two out of three employees stating they feel even more stressed now than before the pandemic. Financial health has been directly linked to poor physical, mental, and social health and can cost an employer up to $2000 on average per employee.

“When we first engaged with the Iowa Insurance Division in 2013, we never imagined we would impact financial literacy in the state of Iowa as we have,” said Joe Saari, Founder of the Financial Fitness Group. “Since we launched the Iowa Financial Fitness Challenge, we’ve engaged more than 400 organizations and financially educated over 200,000 employees within Iowa.” He continued, “It is an honor to have extended this partnership for the next three years with the Iowa Insurance Division to continue to provide free financial wellness to every Iowan, especially during today’s economic crises due to COVID-19.”

More than 400 organizations have participated in the program over the last five years, including Genesis Health System, Des Moines Public Schools, YMCA of Greater Des Moines, Iowa Catholic Radio, Girl Scouts of Greater Iowa, and Mercy Medical Center to name a few.

Here’s how the Iowa Financial Fitness Challenge works:

  • Each organization’s platform is branded and comes pre-loaded with five-course topics on personal finance and investing fundamentals.

  • Throughout the challenge, participants are quizzed after each course, to set a baseline for where they should focus their attention. The platform then intuitively recommends other courses to the participants based on their lack of what they call the A, B, C’s of Financial Wellness – aptitude, behavior, and confidence, with respect to specific financial topics.

  • After completing the last course, users are assessed based on metrics from the quizzes they take throughout the program to see the impact of the program. Each organization’s administrator is then issued a final report that illustrates changes in financial wellness scores, knowledge, behaviors, and attitudes of their participants.

Each course takes about 1 hour to complete and is accessible anytime, anywhere from any computer, tablet, or smartphone. Spending as little as 10 minutes a day, users can go at their own pace, taking as long or as short a time as they would like to complete it. The Iowa Financial Fitness Challenge is proven to lower stress and distractions, as well as increase employee productivity. 70% of participants improved their financial literacy confidence levels after completion of the challenge, while 48% of participants improved their knowledge of basic finances.

The Financial Fitness Challenge occurs twice per year, once in April and once in September, and is offered for free on a first-come, first-serve basis to employers who apply to participate in the program. The program is provided to employer groups as well as affiliate organizations with large memberships who would like to offer financial literacy as an added member benefit. The next challenge begins on September 9, 2020, and spots are filling up quickly. To learn more about the program and apply for this fall’s challenge, organizations may visit financialfitnessgroup.com/iowa.

About Precision Information, DBA Financial Fitness Group:

Financial Fitness Group is a leading e-learning software company providing unbiased, FINRA-compliant educational content. Our interactive platform maximizes participant engagement and is proven to improve a user’s financial aptitude, behavior, and confidence. Financial Fitness Group is the leading provider of personal finance and investing learning solutions to financial service providers, government agencies, and Fortune 500 companies.

For additional information, images, and press materials, please contact Georgette Regan, georgette@financialfitnessgroup.com.

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Business: Executives

PKF O’Connor Davies Promotes Geoffrey Benedict to Co-Lead Partner of Private Clubs Practice

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“Our Private Clubs practice has seen rapid expansion in recent years thanks to Ned’s leadership and Geoff’s proven expertise,” said Kevin J. Keane, Managing Partner at PKF O’Connor Davies.


NEW YORK (PRWEB)

PKF O’Connor Davies, LLP, one of the nation’s largest accounting, tax, and advisory firms, announced today it has promoted Geoffrey Benedict to Co-Lead Partner of the Firm’s Private Clubs practice. He joins current practice leader, Ned McCrory, in sharing leadership responsibilities for the group. Benedict has played a vital part in the expansion of the Firm’s Private Clubs practice area. This new title formalizes his leadership role and reflects the Firm’s commitment to providing top-tier expertise and service to the Firm’s growing Private Clubs practice.

“Our Private Clubs practice has seen rapid expansion in recent years thanks to Ned’s leadership and Geoff’s proven expertise,” said Kevin J. Keane, Managing Partner at PKF O’Connor Davies. “Geoff’s passion for accounting and client service is apparent in all aspects of his work. Tackling issues with private clubs requires that extra bit of creativity and commitment, and we look forward to seeing how Geoff can help guide the practice area to even greater heights.”

Benedict has over 20 years of experience in the accounting industry. Prior to joining PKF O’Connor Davies, he served as the founding partner for a regional accounting firm, where he led the assurance and tax practice. He specializes in providing services to private clubs, not-for-profit organizations, closely-held businesses, and individuals. His engagements include financial reporting, audit, review, tax, and consulting services.

“Private clubs face the unique challenge of providing an exclusive experience for members in a cost-conscious environment – that’s no easy task,” Benedict said. “Our team has developed a real knack for helping clients with these challenges, and I’m so excited to move into this expanded leadership role and advance the services we provide to our clients.”

Benedict, who works out of the Bethesda, Maryland, office, is a certified public accountant and a chartered global management accountant. He is a member of the American Institute of Certified Public Accountants, the Maryland Association of Certified Public Accountants, and the Maryland Society of Accountants. He serves as president of the Maryland Chapter of the Hospitality Financial and Technical Professionals. He was the recipient of the 2017 “Big Cheese Award” presented by the Club Tax Network for “taking care of his slice of the Club industry with distinction.” He is an active member of several community organizations, including serving as the treasurer and as a leader for the local boy scouts. He also is a member of the Oriole Advocates, a local charitable group. He is a graduate of Towson University with a Bachelor of Science degree in Accounting.

PKF O’Connor Davies has 12 offices in five states and continues to expand through organic growth and acquisitions on the East Coast. It has supported this growth with a strategic combination of promoting from within coupled with tactical external hires.

About PKF O’Connor Davies, LLP

PKF O’Connor Davies, LLP is a full-service certified public accounting and advisory firm with a long history of serving clients both domestically and internationally. With roots tracing to 1891, 12 offices in New York, New Jersey, Connecticut, Maryland and Rhode Island and more than 800 professionals led by over 100 partners, the Firm provides a complete range of accounting, auditing, tax and management advisory services.

PKF O’Connor Davies is a top-ranked firm according to Accounting Today’s 2020 “Top 100 Firms” list, and the Firm is also recognized as a “Leader in Audit and Accounting,” a “Pacesetter in Growth” and one of the “Top Firms in the Mid-Atlantic.” In 2021 rankings, PKF O’Connor Davies was named one of Vault’s Accounting 50, a ranking of the 50 best accounting employers to work for in North America, and ranked among the top 50 most prestigious accounting firms in America in a complementary Vault survey. The Firm is the 12th largest accounting firm in the New York Metropolitan area, according to Crain’s New York Business, and the 10th top accounting firm in New Jersey according to NJBiz’s 2019 rankings.

PKF O’Connor Davies is enrolled in the AICPA Peer Review Program and has central memberships in the Private Companies Practice Section (PCPS), the Employee Benefit Plan Audit Quality Center (EBPAQC), Government Audit Quality Center (GAQC) and Public Company Accounting Oversight Board (PCAOB).

By consistently delivering proactive, thorough and efficient service, PKF O’Connor Davies has built long-lasting, valuable relationships with its clients. Partners are closely involved in the day-to-day management of engagements, ensuring a high degree of client service and cost effectiveness. The Firm’s seasoned professional staff members employ a team approach to all engagements to provide clients with the utmost quality and timely services aimed at helping them succeed. Continuity of staffing and attention to detail in all client engagements make the Firm stand out among its competitors.

PKF O’Connor Davies is the lead North American representative of the international association of PKF member firms. PKF International is a network of legally independent member firms providing accounting, tax, and business advisory services in over 400 locations in 150 countries around the world. With its tradition, experience and focus on the future, PKF O’Connor Davies is ready to help clients meet today’s ever-changing economic conditions and manage the growing complexities of the regulatory environment. For more information, visit http://www.PKFOD.com.

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Business: Insurance

NFP Welcomes Lauren Kim, SVP, Legal and Technical Leader, to Financial Institutions Group

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“We continue to be a destination for top talent and will invest in our NFP specialty business by welcoming experts who understand the unique nuances and complex risks across industries and their corresponding products,” said Doug Turk, NFP’s specialty leader.


NEW YORK (PRWEB)

NFP, a leading insurance broker and consultant that provides property and casualty, corporate benefits, retirement, and individual solutions, today announced the hiring of Lauren Kim as senior vice president. Kim will join NFP’s specialty financial institutions group as its legal and technical leader. This hire aligns with NFP’s continued efforts to expand specialty operations and industry vertical expertise.

NFP’s financial institutions group (FIG) is a specialty line that provides deep industry and product expertise for financial institutions — banks, insurance companies and investment management firms. It is uniquely positioned as one of the only financial institutions teams in the industry that helps clients access the global markets with advisory and insurance placement services across the full continuum of specialty property and casualty lines. The FIG team is comprised of experts in liability exposures, cyber security and lender’s risks.

Kim comes to NFP with more than a decade of legal experience, first as a practicing attorney and most recently as the financial institutions claims practice leader with QBE North America. At QBE, she provided superior client service in responding to the complex needs and legal exposures of financial institutions. As part of NFP, she will be an integral member of the FIG client service team. Her responsibilities will include technical risk consultation, legal and regulatory analysis, thought leadership development, and claims advocacy related to NFP’s financial institutions clients and prospective clients. Kim will report to Mark Flippen, managing director and head of NFP’s financial institutions group.

“We are thrilled to welcome Lauren to NFP,” said Flippen. “A major differentiator in our service offering for financial institutions is our integrated legal and technical client advocacy. This is a reflection of our philosophy that as financial institutions specialists, we best position our clients’ risk profile in the global markets by delivering best-in-class insurance contracts, fit for purpose during a claim, and by keeping our clients advised of market dynamics, including the impact of legal and regulatory changes. As an integrated part of our team, Lauren will help us execute on all aspects of our service to clients.”

“We continue to be a destination for top talent and will invest in our NFP specialty business by welcoming experts who understand the unique nuances and complex risks across industries and their corresponding products,” said Doug Turk, NFP’s specialty leader. “We’re very happy to welcome Lauren to the FIG team.”

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 5,600 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 13th largest global insurance broker (Best’s Review).

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

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Business: Executives

Leadership Goes Beyond Announces Tiffani Bova, Growth Evangelist at Salesforce as the Corenote for July Event

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“Our mission is to provide both business leaders and their employees with content that will help them cope successfully with the current situation and move forward stronger into the new normal,” explains Titu Sarder, Leadership Goes Beyond Co-Founder.


TAMPA, Fla. (PRWEB)

The founders of Leadership Goes Beyond announced today the theme and speaker lineup for their upcoming virtual event on July 28. Hosted by co-founders Titu Sarder and Jon Rivers, the theme for this next conference is: “Why and How the Cloud has Become so Crucial During the Pandemic.” The corenote speaker, Tiffani Bova, Growth Evangelist at Salesforce, will kick off the July event with a thought-provoking presentation about “Growth in the New Future.”

Additional speakers include:

  • Fawad Khan, Digital Community and Social Leader at Microsoft, on “Cloud Computing in the Age of Covid-19 Pandemic.”

  • Amy Nenner, Chief People Officer at Noven Pharmaceuticals, on “The Intersection of Management and Leadership”

  • Joseph Landes, Chief Revenue Offer at Nerdio, on “Why and How to Build a Cloud Practice”

  • Paul Solski, MD at AIM International, on “Global Expansion, P2P, and Packaging IP”

  • Sheryl Klein, CEO at The Zone Lab, on “Mental Toughness”

“Our mission is to provide both business leaders and their employees with content that will help them cope successfully with the current situation and move forward stronger into the new normal,” explains Titu Sarder, Leadership Goes Beyond Co-Founder. “No one could have anticipated a pandemic of this magnitude and the fallout – rampant unemployment, economic recession, isolation, even fear. To thrive, they need to embrace new tactics and strategies.”

The theme of last month’s conference was “Are we really open for business? What’s next for leadership during the Pandemic?”. The speaker lineup included:

  • Todd Thibodeaux, President and Chief Executive Officer at CompTIA, on “Reinventing Training – A New Mindset”

  • Jeffrey Weber, Executive Director at Robert Half, on “Managing Through Change: The State of IT Hiring and Leadership”

  • Linda Rose, M&A Coach, Business Consultant, Speaker, Advisory Board Member, Author, on “How Will COVID-19 Effect M&A for Technology Channel Partners”

  • Per Werngren, Thought Leader P2P, Business Owner, Author P2P Maturity Model, Serial Entrepreneur & Investor, on “Marketing through a Pandemic and what role does P2P play?”

  • Jodi Rabinowitz, MA, LPC, Licensed professional counselor with a private practice in New Haven, CT, on “Working in Isolation: Coping and Connection While Working Alone”

“The growth we are seeing for our events is unbelievable. The June presentation was attended by nearly 1,000 people,” says Jon Rivers, Leadership Goes Beyond Co-Founder, “a clear indication of how much leadership is needed in every area of business, from hiring and training to mergers and marketing. There is an appetite for guidance and innovative ways for dealing with the new normal. That is what we are all about – innovation for today, tomorrow, and beyond.”

About Leadership Goes Beyond

Founded in April 2020 by Titu Sarder (LLTV) and Jon Rivers (Marketing Monarchs), against the backdrop of a global crisis – pandemic, economic recession, soaring unemployment, bankruptcies, foreclosures – Leadership Goes Beyond hosts monthly virtual conferences, featuring leading experts in diverse fields who come together to discuss business tactics and strategies for survival and success in these trying times and beyond.

http://www.LeadershipGoesBeyond.com

info@leadershipgoesbeyond.com

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Business: Insurance

Mercury Insurance Extends Identity Fraud Resolution Services Coverage to Include Relatives Outside of the Insured Residence

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This coverage helps with the recovery process if identity fraud is detected, giving our customers and their families one less thing to worry about during these uncertain times.


LOS ANGELES (PRWEB)

Today, Mercury Insurance (NYSE: MCY) announced that, until August 31, 2020, it has temporarily extended Resolution Services coverage for its “Identity Fraud Expense and Resolution Services” customers to include their relatives who don’t live in the insured residence. This coverage, which is available to Mercury homeowners and renters policyholders, helps customers recover from account takeover or identity theft.

The IRS extended this year’s tax filing to July 15, 2020, to reduce the COVID-19 pandemic outbreak’s impact on taxpayers. While this extension offers some much-needed relief to those who may be struggling financially, it also lengthens the window in which criminals are able to target unsuspecting individuals with a variety of scams in an attempt to steal their identity, as well as refunds that may be coming their way.

“Criminals have many ways they can try to steal someone’s identity – most people have multiple online accounts, as well as electronic devices like smartphones, PCs and tablets, which makes them more vulnerable to scams than ever before,” said Jane Li, Mercury Insurance director of product development. “This coverage helps with the recovery process if identity fraud is detected, giving our customers and their families one less thing to worry about during these uncertain times.”

Each year, the IRS publishes its “Dirty Dozen” list of tax scams of which taxpayers need to be aware. The 2019 list includes the following schemes taxpayers may fall victim to: phishing, phone scams, identity theft, return preparer fraud, inflated refund claims, falsifying income to credit claims and fake charities.

Mercury’s Identity Fraud Expense and Resolution Services coverage provides support for a variety of events, including but not limited to:

  • Tax Identity Theft Support: Experts provide guidance to secure the insured’s tax refund if their social security number was stolen and someone falsely files taxes in their name.

  • Email Identity Support: Protects against email hacking, as well as helps the insured manage their identity and privacy in online communications.

  • Phish Assist: Detects attempts to steal the insured’s personal data, online usernames, passwords and credit card data, and provides recovery support if needed.

  • Document Replacement Services: Helps the insured replace lost, stolen or destroyed identification documents, and notify government agencies and providers of the fraud.

  • Resolution Services: Offers unlimited assistance from a fraud resolution specialist to fix issues, handle notifications, and provide credit and fraud monitoring to help the insured recover from account takeover or identity theft. This coverage is temporarily available until August 31, 2020, for the insured’s family members who live outside of the household.

Mercury’s Identity Fraud Expense and Resolution Services is optional coverage, which is available for less than $3 a month and provides up to $25,000 for expenses that might be incurred if the insured’s identity is stolen, including lost income, notary and attorney fees, mailing costs and loan application fees. Homeowners and renters in Arizona, California, Georgia, Illinois, Nevada, New Jersey, Oklahoma, Texas and Virginia can add this coverage to their policy. Go to https://www.mercuryinsurance.com/insurance/identity-management-services/ or contact a local Mercury Insurance agent to learn more.

Additional ways Mercury has shown support during the COVID-19 pandemic include the Mercury Customer Giveback Program and its new partnership with the California Medical Association’s Care 4 Caregivers Now wellness program for healthcare workers.

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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Business: Insurance

Eighth Circuit Affirms $34.3M Jury Verdict Against State Farm Life Insurance Co.

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“The court’s decision affirms that, simply put – if you want to charge for it, you need to put it in the contract.”


KANSAS CITY, Mo. (PRWEB)

The class action was filed in June 2016, in the Western District of Missouri by Michael Vogt and other individuals who owned universal life insurance policy form 94030 issued by State Farm. The lawsuit alleged that State Farm breached the terms of the policies by overcharging policyholders through cost of insurance provisions causing policies to lose value and in many cases lapse, leaving many without life insurance.

Trial commenced June 1, 2018 and the jury awarded $34.3 million to approximately 24,000 Missouri policyholders. State Farm appealed to the Eighth Circuit asserting various errors and Vogt cross appealed. Vogt prevailed on all issues.

“We’re very happy with the court’s decision to affirm the trial court,” said John Schirger, co-lead counsel and founding partner of Miller Schirger LLC. “We hope that these policyholders, who for decades were unknowingly overcharged, will soon finally receive payments.”

“Many insurers define the cost of their insurance fees by delineating factors outside typically considered mortality elements and in this case the costs of charges weren’t outlined with specificity,” said Norman Siegel, co-lead counsel and founding partner of Stueve Siegel Hanson LLP. “The court’s decision affirms that, simply put – if you want to charge for it, you need to put it in the contract.”

Stueve Siegel Hanson LLP and Miller Schirger LLC are currently representing clients in similar cases in California, Texas and the State of Washington, and are investigating matters involving life insurance policies nationwide. The firms have a successful record prosecuting class action cases alleging policy overcharges against the life insurance industry, having collected over $2.25 billion in client value over the last five years against some of the nation’s largest life insurance companies.

Stueve Siegel Hanson LLP is a Kansas City, Missouri based firm representing businesses and individuals in high-stakes litigation nationwide on a contingency basis. The firm is one of the preeminent plaintiff’s trial law firms in the nation, known for its high-stakes, landmark verdicts and settlements in significant individual and class action litigation. Since its establishment in 2001, the firm has led some of the most complex and high-profile cases in state and federal courts, recovering billions in verdicts and settlements. For more information visit http://www.stuevesiegel.com.

Miller Schirger LLC is a Kansas City, Missouri based law firm focused on resolving complex disputes on behalf of businesses and individuals nationwide. The firm has a proven track record of success representing plaintiffs and defendants in state and federal trial and appellate courts. For over ten years the firm’s class action practice has been focused on prosecuting claims against the life insurance industry, resulting in the recovery of over $2.25 billion in client value. For more information visit http://www.millerschirger.com.

Vogt v. State Farm Life Insurance Co., No. 18-3419 (8th Cir. 2020)

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Business: Insurance

How Unemployed Drivers Can Save Money on Auto Insurance

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“The best way to find affordable car insurance while being unemployed is by comparing online quotes from insurance providers that are available in the area.”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has launched a new blog post that presents several measures unemployed drivers can take to get cheaper car insurance.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/how-to-find-cheaper-car-insurance-after-losing-your-job/

The current coronavirus outbreak has caused millions to lose their jobs. Many people are struggling to pay their rent and utilities, even though they have no income or they have to rely on an unemployment check. Car insurance might be one place where many can reduce their expenses.

Unemployed drivers who are looking to save money on car insurance should do the following:


  • Contact the insurance provider. Many car insurance companies are offering discounts, refunds, bill payment flexibility, and other options as many drivers are struggling in these challenging times. Although most companies had resumed normal billing by the end of May 2020, they are still ready to help customers who are going through difficulties. The best solution for unemployed drivers is to contact them directly and let them know about their job status.

  • Check the current policy. Keeping full coverage on an older vehicle while being unemployed is just a waste of money and unemployed drivers should avoid doing so at least until they get a new job. Raising the deductible to pay lower premiums is another great move drivers can make to save some money on car insurance. Most unemployed drivers are no longer required to make a commute and they have a reduced driving risk. For this reason, they should contact their insurers and ask for a low-mileage discount.

  • Be safe on the road. While being unemployed, drivers should avoid getting a DUI, speeding ticket, or a moving violation on their driving records. By doing so, drivers will keep their premiums low.

  • Maintain a good credit score. Not paying bills on time can backfire. The credit score is a major factor in how the rates are set in every state but California, Hawaii, and Massachusetts. Drivers with poor credit can pay nearly twice as much for the same policy as someone with excellent credit.

  • Shop around. Don’t pick the first option that looks good. Unemployed drivers should have plenty of time to check around and compare multiple quotes from different insurance companies.

  • Look for discounts. Unemployed drivers who are also students can get a good student discount if they have good grades in school. Drivers who are moving to a work-from-home career or are driving little should look for providers who are offering pay-per-mile insurance policies. Also, drivers who already have homeowners, renters, condo, life insurance, or other insurance, should think about bundling all household policies with the same company to get a multi-policy discount.

  • Install a telematics device. These policies usually use an under-the-dash plug-in device or smartphone app to check the driving habits. The acceleration, braking, distance, speed, route choice, and time of day can all affect the total savings. Not going back and forth to work five days a week should qualify unemployed drivers for a reduced rate.

  • Apply and pay online for coverage. Buying car insurance on the internet can give the driver a discount. Also, drivers can get a slightly larger discount for electronic payments from their bank account rather than a credit card because of the lack of processing fees. Furthermore, unemployed drivers can save money by paying for the whole policy upfront.

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

BKD Launches Tool to Help Healthcare Providers Track CARES ACT Funding

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“BKDTrackForward allows healthcare leaders to streamline and track the funding they receive, allowing them to focus on their mission,” said National Industry Partner Danielle Solomon.


SPRINGFIELD, Mo. (PRWEB)

NATIONAL OFFICE – BKD CPAs & Advisors developed and launched a unique tool called BKDTrackForward to help healthcare organization leaders monitor Coronavirus Aid, Relief, and Economic Security Act (CARES Act) Provider Relief Funds.

The CARES Act has provided the healthcare industry with more than $175 billion in relief funding since it was signed into law on March 27, 2020. However, to retain the funding received, it’s anticipated that organizations will be required to provide proof that the funds were used to support healthcare-related expenses or lost revenues attributable to the coronavirus. BKDTrackForward users can track how they spent CARES Act funds, allowing them to be better prepared when regulators ask for documentation.

“Our team understands the uncertainty and complexity healthcare leaders are facing and we are here to be a trusted advisor and assist however we can. BKDTrackForward allows healthcare leaders to streamline and track the funding they receive, allowing them to focus on their mission,” said National Industry Partner Danielle Solomon.

The tool can help users document allowable expenses and labor costs in one place, record the calculation of lost revenues attributable to COVID-19, compare expected CARES Act Provider Relief Funds to amounts received to determine if healthcare leaders have obtained all entitled funds and track Medicare accelerated payments, employer payroll tax deferrals, and a high-level analysis of an organization’s potential to file a business interruption claim as a result of COVID-19.

Visit bkd.com/trackforward for more information and to request a demo.

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Business: Executives

Enterprai, an early-stage start-up, to appoint Andrea French, former co-CEO and COO of Rokos Capital, as Interim Chief Executive Officer

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Developing a leading product for the industry requires collective intelligence and proven experience in all aspects of building a company


LONDON (PRWEB)

The board of directors of Enterprai will appoint Andrea French, former co-CEO and COO of Rokos Capital Management as well as a former partner and COO of Trading at Brevan Howard, as interim Chief Executive Officer.

Enterprai is an early-stage research and technology start-up building a next-generation smart desktop for investment professionals. The founders are assembling a leadership team of senior executives to ensure the sustainable growth of the organization, which is on a mission to drive the democratisation of quantitative insights in financial markets.

“Developing a leading product for the industry requires collective intelligence and proven experience in all aspects of building a company. We are excited to have Andy on board so early on in our journey. She brings an in-depth understanding of the industry we are looking to serve. The whole team is very much looking forward to working alongside her, and she is already contributing in a number of ways,” commented founders Wojciech Mucha, Tigran Atoyan, and Deyan Ulevinov.

Andy’s deep operational expertise will help the firm navigate the regulatory and commercial considerations of their partners, vendors, and key clients. With a strong track record in key leadership roles across a breadth of organizations, she will help guide the high-caliber team at Enterprai.

The partnership between Enterprai and Andrea is set until the end of 2020. During this time, she will oversee the refinement and execution of Enterprai’s corporate and commercial strategy.

About Enterprai

Enterprai is developing a smart desktop for investment professionals. Born from the ambition of experienced researchers and engineers as well as senior financial market participants, Enterprai Ltd is a London-based start-up on a mission to drive the democratisation of quantitative insights in financial markets.

For more details, visit https://enterprai.com/ and http://www.linkedin.com/company/enterprai

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