Category Archives: Business

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

Access Healthcare Services Announces New Chief Investment and Transformation Officer


Harish Mysoré

Harish Mysoré, Chief Investment and Transformation Officer

“Harish has an impressive résumé with extensive global business development and transformation experience gained from a wide range of industries including healthcare.”

Dallas-based Access Healthcare Services USA LLC, specialists in healthcare revenue cycle management and IT services, has appointed Harish Mysoré, Chief Investment and Transformation Officer. Harish has a robust track record in corporate development and acquisitions and will be responsible for identifying growth opportunities for Access Healthcare and driving transformation to deliver value to its customers. He will lead the company’s organic and inorganic investments, strategic partnerships and joint ventures.

Under the aegis and direction of Harish’s new role as CIT Officer, Access Healthcare recently completed an investment in an auto coding medical company that has been creating and curating one of the most robust deep learning artificial intelligence platforms for the healthcare revenue management cycle.

Proprietary technology, systems and automation are a focus for Access Healthcare in the near future. The development of “arc.in”, the company’s proprietary end-to-end business process, human performance and robotic process automation suite is an example of the company’s investment in proprietary technology solutions that place them ahead of the industry curve.

Prior to joining Access Healthcare, Harish held executive management positions across several industries including technology, healthcare, customer experience and government services. Most recently, Harish held the role of senior vice president of corporate development at TTEC, Inc., a publicly traded customer experience technology and services provider. At TTEC, he led the origination and execution of eight acquisitions doubling healthcare and hypergrowth client footprint and expanding into Canada and India with digital safety services and intelligent automation. At Cognizant Healthcare (formerly TriZetto Corp.), he led corporate development and alliances for the leading healthcare IT software and solutions provider where he executed six acquisitions and formed strategic alliances that transformed the company from a payer-centric to a healthcare IT solutions company serving both payers and providers. Harish spent his early career in information technology culminating in 16 years at Dell Services (formerly Perot Systems Corp.) in a number of roles including head of corporate development, where he led the execution of more than 18 acquisitions and partnerships including the sale of Perot Systems to Dell in 2009.

“Harish has an impressive résumé with extensive global business development and transformation experience gained from a wide range of industries including healthcare” said Vardhman Jain, Vice Chairman of Access Healthcare. “He brings a fresh perspective to Access Healthcare and will work with our leadership team and board to identify growth opportunities and strategies that help us stay ahead and continue providing value to our customers across the healthcare landscape.”

Harish will be based in Access Healthcare’s United States headquarters in Dallas, Texas.

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NFP Introduces Tom Gillingham as New Head of NFP Specialty Programs


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“Since Tom came to NFP, he has demonstrated an understanding of our business and been an enthusiastic supporter of where it can go. We look forward to his contributions in this new role,” said Henry Lombardi.

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced that Tom Gillingham, a managing director with the company, will lead NFP’s Specialty MGA and MGU programs. These programs include auto services, commercial surety, equity protection, ProTek (medical devices), EverGuard, Hole-In-One, cross border and outdoor recreation.

Gillingham joined NFP in 2017 as part of NFP’s acquisition of EverGuard, a program administrator focused on providing commercial P&C products to restaurants, bars and taverns. In this new role, he will focus on aligning expertise and capabilities that meet the specialized needs of clients and drive growth across NFP’s expanding specialty businesses. Gillingham, based in Seattle, will continue to report to Henry Lombardi, executive vice president and head of NFP Property and Casualty.

“NFP is fully committed to advancing our specialty programs and we continue to invest in people, resources and expertise to support this commitment,” said Lombardi. “Since Tom came to NFP, he has demonstrated an understanding of our business and been an enthusiastic supporter of where it can go. We look forward to his contributions in this new role.”

“I’m excited to take on this new challenge and be a part of growing our specialty businesses,” said Gillingham. “I appreciate the importance of connecting specialized expertise with unique needs across businesses and believe we can be even better at helping clients navigate complexities to solve problems.”

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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holoride CEO named a 2020 Rising Star by Automotive News Europe


holoride

“I’m honored to receive this award, especially on behalf of all holoriders who push the boundaries of what’s possible. From the beginning, we’ve made it our goal to drive innovation in the auto industry by helping car manufacturers prioritize the passenger experience.”

German startup holoride announced today its CEO and co-founder, Nils Wollny, was honored as a ‘Rising Star’ for 2020 by Automotive News Europe in the Entrepreneur category, an award which recognizes executives in the automotive industry who have driven change, fostered innovation and made courageous decisions.

In 2018, Nils and holoride co-founders Marcus Kuehne and Daniel Profendiner decided more needed to be done to turn transit time into valuable time. With this in mind, they created a revolutionary new media category for passengers by connecting extended reality (XR) content with data points from vehicles in real-time, transforming everyday journeys into hyper-immersive experiences.

Since then, holoride has become the leader of in-vehicle entertainment, being named the best of CES 2019 by TechCrunch and one of TIME Magazine’s 100 Best Inventions of 2019. The company was recently awarded a Grand Prix in the digital media category at the prestigious Art Directors Club (ADC) Awards in Germany.

“I’m honored to receive this award, especially on behalf of all holoriders who push the boundaries of what’s possible. From the beginning, we’ve made it our goal to drive innovation in the auto industry by helping car manufacturers prioritize the passenger experience,” says Nils Wollny, CEO and co-founder of holoride. “This year, we’re looking forward to working with more content studios, developers and mobility providers to not only offer entertainment, but explore educational, well-being, and productivity options as well. In our current climate, virtual reality content has numerous benefits for learning and productivity, and presents a key opportunity for the auto industry to support passengers in a meaningful way.”

holoride has already teamed up with leading car manufacturers and content creators to bring their vision to life, including Audi, Porsche and the Discovery Channel. In October 2019, they launched the first in-vehicle VR experience available to the public in partnership with Ford, REWIND and Universal Pictures called Bride of Frankenstein holoride. In recognition of their work on Bride of Frankenstein holoride, the partners were awarded the 2020 Auggie Award for best location-based entertainment which is considered the most recognized AR & VR awards show in the world.

In April 2020, holoride announced the formation of their strategic advisory board with major industry leaders and pioneers from tech, mobility and Hollywood to continue their endeavor in driving the future of in-vehicle entertainment.

Prior to co-founding holoride, Nils served as Head of Digital Business at Audi where he was responsible for digital services and platforms. He is passionate about mobility and media and was named one of the “40 under 40” high-potential managers by the renowned German publication “Automobilwoche” in 2018.

About Rising Stars:

Entering its 10th year, the Automotive News Europe Rising Star award honors automotive executives in middle and upper management in all disciplines, across Europe, together with the companies who are nurturing that future leadership talent.

About holoride:

German startup holoride creates an entirely new media category for passengers by connecting Extended Reality (XR) content with data points from the vehicle in real-time. These data points include physical feedback, like acceleration and steering, traffic data, as well as travel route and time. holoride technology provides a new type of immersion into any kind of VR content, creating a breathtaking, immersive experience, and significantly reducing motion sickness. The entertainment-tech startup was founded at the end of 2018 in Munich, Germany by Nils Wollny, Marcus Kuehne, Daniel Profendiner, and Audi, who holds a minority interest in the startup. It was hailed “Best of CES” four times (Las Vegas, January 2019), recognized as one of the 100 Best Inventions of 2019 by TIME Magazine and is part of the global innovation platform “STARTUP AUTOBAHN powered by Plug and Play.”

For more information, please visit https://www.holoride.com/.

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Top Tips That Will Help Drivers Keep Car Insurance Costs Under Control


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“Drivers can obtain better insurance deals if they keep their driving records clean and make better coverage selection”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

For many, driving a car is an important part of their lives. To legally drive a vehicle on the roads, drivers need insurance, but for some car insurance can be too expensive.

To save money on car insurance, policyholders can do to the following tips:


  • Modify the deductibles limits. Drivers can lower their insurance rates, by agreeing to pay more money from their own pocket, when they will have to file a claim. Choosing a high deductible limit can significantly lower the price of insurance.
  • Policyholders can park their car in a safe place, like a garage. Insurance providers will decrease the insurance premiums paid by policyholders that keep their cars parked in a garage. Cars that are parked in a monitored garage are less likely to be stolen. Besides that, cars that are parked in a garage are protected by severe weather or vandals.
  • Keep a clean driving record. Insurance companies offer discounts for drivers that manage to not cause accidents or receive traffic tickets for a number of years. The discount usually ranges from 10 to 20 percent.
  • Maintain a good credit score. Policyholders that have average or poor credit score pay more on insurance compared with those that have good or excellent credit scores.
  • Drive fewer miles. Policyholders that are using their cars rarely, should contact their providers and see if they qualify for a low-mileage discount.

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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Side Appoints Technology Industry Veteran Darren Johnson as Chief Revenue Officer


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In my career, I’ve never encountered a company that’s achieved such a high level of partner satisfaction; this is a testament to the alignment between Side’s transparent business model and the top performing real estate professionals that it serves.

Side, the only real estate brokerage that exclusively partners with high-performing agents, teams and independent brokerages to transform them into boutique brands and businesses, today announced that technology industry veteran Darren Johnson joins the company as Chief Revenue Officer. Johnson will oversee, manage and drive Side’s growth, as the company continues to provide top-performing real estate professionals with best-in-class technology and support designed to accelerate their business. In his new role, Johnson will also oversee the sales, marketing and customer success teams, ensuring integration and alignment for the overall go-to-market organization.

“The real estate industry is ready for innovation, and today’s global circumstances have forced leaders to rethink how real estate transactions are managed and facilitated,” said Darren Johnson, Chief Revenue Officer at Side. “In my career, I’ve never encountered a company that’s achieved such a high level of partner satisfaction; this is a testament to the alignment between Side’s transparent business model and the top performing real estate professionals that it serves. I’m looking forward to scaling and leading Side at this unique growth stage.”

With over 20 years of experience in digital marketing and e-commerce sales leadership, Johnson brings an extensive track record of delivering exceptional business growth. Previously at Bloomreach, Johnson grew the firm’s revenue to $60 million while responsible for customer success, sales development and the partner channel. Prior to Bloomreach, Johnson served as Vice President of Sales at Adobe where he increased the company’s annual revenue growth to over $150 million and oversaw the digital marketing enterprise sales team.

“Darren’s expertise in technology and client services will play a critical role in further improving Side’s ability to support our growing community of top-tier real estate agents, teams, and indie brokerages,” said Guy Gal, Side CEO and Co-Founder. “In the last few months, we have seen how much of a game-changer our platform is for real estate professionals looking to maintain and grow their business and brands. Darren will help us continue to break new ground on empowering and enabling our agent partners,” he added.

Side is led by experienced industry professionals and world-class engineers who develop technology designed to improve agent productivity and enhance the client experience. Based on its belief that homeownership is a fundamental human right, Side is on a mission to improve the public good by providing top-performing real estate agents, teams and indie brokerages with the best system, support, service, experience, and results.

About Side

Side transforms high-performing agents, teams and independent brokerages into successful businesses and boutique brands that are 100% agent-owned. Side exclusively partners with the best agents, empowering them with proprietary technology and a premier support team so they can be more productive, grow their business and focus on serving their clients. Side is headquartered in San Francisco. For more information, visit http://www.sideinc.com.

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The Institutes’ Board of Trustees Appoints Risk Management and Insurance Leaders as New Chair and Vice Chair


“We are excited to welcome two highly experienced and engaged professionals to leadership roles in support of the vision and mission of The Institutes”

The Institutes, the leading provider of risk management and property-casualty insurance education, have appointed Marita Zuraitis and John Howard as chair and vice chair, respectively, of the organization’s Board of Trustees.

“We are excited to welcome two highly experienced and engaged professionals to leadership roles in support of the vision and mission of The Institutes,” said Peter Miller, CPCU, president and CEO of The Institutes. “With Marita and John generously sharing their time and professional expertise, The Institutes will be equipped to build our strategic capabilities and expand our global presence, while providing the best learning experience and opportunities for those interested in insurance and risk management.”

Zuraitis has served as chief executive officer of The Horace Mann Companies since 2013. She was previously president of the Property & Casualty Companies of the Hanover Insurance Group and served in leadership roles with The St. Paul/Travelers Companies. She is also a member of the Board of Directors of Citizens Financial Group, Inc.

Howard is chairman and CEO of Truist Insurance Holdings, Inc., where he oversees the insurance brokerage and premium finance businesses. He joined Truist’s predecessor BB&T in 2012, and previously held leadership roles with Crump Group, The BISYS Group, GE Capital, Conseco, and Prudential Select Brokerage. Howard serves as vice chair of The American College of Financial Services; vice chair of advocacy for The Council of Insurance Agents and Brokers; and an overseer of the Maurice R. Greenberg School of Risk Management, Insurance and Actuarial Science at St. John’s University.

“I would also like to thank our outgoing chair, Kaj Ahlmann, MSc, for his years of service to The Institutes and for his guidance during the last four years,” said Miller. “The Institutes have experienced unprecedented growth and diversification under his leadership, and I am most grateful for his support.”

About The Institutes | Risk and Insurance Knowledge Group

The Institutes, the leading provider of risk management and insurance knowledge solutions, offer professional designations, including the CPCU® program. In addition, The Institutes provide introductory, foundational, and leadership programs; online and continuing education courses; events and conferences; online and print news platforms; assessment tools; and research reports.

CPCU is a registered trademark of The Institutes. All rights reserved.

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NMI Appoints Kyle Pexton as President to Lead Company’s Commercial and Business Development Efforts


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“Kyle’s appointment exemplifies our commitment to operational excellence. His extensive industry expertise will enable us to remain agile, stay hyper-focused on our customers and win in the market,” said Vijay Sondhi, CEO of NMI.

NMI, a leading payments enablement technology company, today announced the appointment of Kyle Pexton to the role of president to further scale the company’s commercial and business development efforts, as well as drive the company’s organic and inorganic growth.

Pexton brings over two decades of payments and fintech experience to this position. He previously served in senior executive finance and operational roles at Authorize.Net and was instrumental in the company’s sale to Cybersource. He also served as CFO of Accelerated Payment Technologies, where he played a key role in the company’s sale to Global Payments. For the past six years, he has served as CFO at NMI and led the company through the successful acquisition and integration of the UK-based company, Creditcall in 2018. In Pexton’s role as president, he will drive NMI’s growth strategies with responsibility for sales, marketing, business development, financial operations, human resources and corporate development.

Over the past 20 years, NMI has established itself as a payments innovator with a best-in-class technology platform for global ISO, ISV, and enterprise customers in the omnichannel, unattended, and payment facilitation segments. This move will help the company to further leverage its robust technology offering and seize new market opportunities. “Kyle’s appointment exemplifies our commitment to operational excellence. His extensive industry expertise will enable us to remain agile, stay hyper-focused on our customers and win in the market,” said Vijay Sondhi, CEO of NMI.

“I am truly honored to be leading a group of world-class executives with a commercial mindset, and I’m confident that we will continue transforming the payments industry. NMI’s exceptionally talented employees are executing on our growth strategies and delivering a unique value proposition to our customers and the market. We are successfully helping our customers grow their business, and our global platform now processes over $70 billion in annual volume,” said Pexton. “We look forward to supplementing our strong organic growth with acquisitions that will add value to our customers and solidify our market-leading position.”

“For the last 20+ years, Kyle has driven tremendous performance at several highly successful payments companies,” commented Peter Christodoulo, Chairman of the NMI Board and Partner at Francisco Partners, a growth-oriented private equity fund. “This promotion is not only well deserved, but is also a testament to Kyle’s varied skills and impressive domain expertise. Together with the several other recent senior executive hires and continued strong financial performance, NMI is extremely well positioned to accelerate growth and product innovation.”

About NMI

NMI is one of the world’s leading card payment gateways, processing over 1.2 billion transactions a year from retail POS, e-commerce and self-service terminals. Our mission is to use our expertise to enable more payments, in more ways, and in more places, all with the utmost security and reliability. To do this we provide ISOs, fintech innovators and technologists with the software tools to be able to work with us easily. It gives them the freedom to focus on what they do best, liberates them from restricted payment methods, and gives them access to the latest payment technology now and in the future. Our team spans the globe and has a twenty-year track record of delivering innovative payment solutions across specific retail sectors and has unparalleled experience in EMV technology.

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AHT Insurance Joins Forces with National Association of Manufacturers (NAM) & Coalition to Provide an Exclusive Cyber Security & Risk Mitigation Program for NAM Members


NAM Cyber Cover

Our partnership with AHT will help protect our industry from cyberattacks and ensure we can continue to lead our economic recovery and renewal.

AHT Insurance in partnership with Coalition announced the release of NAM Cyber Cover, an exclusive cyber security and risk mitigation program for members of the National Association of Manufacturers (NAM).

As the nation’s most effective resource and influential advocate for manufacturers across the country, the NAM identifies and offers solutions for members to help strengthen and protect the manufacturing industry. Cyber vulnerabilities have emerged as the largest risk facing manufacturers of all sizes and types, so the NAM led the creation of NAM Cyber Cover with national insurance broker AHT Insurance and underwriter Coalition.

“Modern manufacturers are deploying advanced technologies that are transforming what we make and how we make it. This rapid digitization and the workplace disruptions created by the COVID-19 pandemic have created new and unprecedented risks for our members,” said Jay Timmons, NAM president and CEO. “Our partnership with AHT will help protect our industry from cyberattacks and ensure we can continue to lead our economic recovery and renewal.”

NAM Cyber Cover brings the power of nationally recognized broker, AHT Insurance, together with leading cyber insurance provider, Coalition, to identify, protect and manage the unique exposures facing manufacturers. Differentiating this program from traditional, standalone insurance offerings is the full-cycle management and response to potential risks and cyberattacks. Shifting the focus from responding to an attack after it has already happened to prevention is the foundation upon which NAM Cyber Cover was built.

“The inimitable exposures manufacturers face, coupled with an unrelenting target on the industry, necessitates a pivot in how cyber programs are structured,” said David Schaefer, AHT President and CEO. “We look forward to helping the NAM’s members make that pivot to manage risks up front and protect themselves against cyberattacks.”

For more than 25 years, AHT’s boutique Manufacturing practice has been nationally recognized as a leader in risk management and global machinery manufacturing. Led by a team of professionals spanning more than 50 years of combined industry experience, AHT is uniquely positioned to help manufacturers identify and manage the risks they face.

“This partnership with the NAM marks a significant advancement in the security and protection of manufacturing organizations worldwide,” said George Forrester, AHT SVP and Manufacturing Practice Leader. “We are excited to offer our expertise in risk mitigation, coupled with the resources and cyber insurance proficiency of Coalition, to NAM members.”

Backed by an A+ carrier, Coalition is the only provider offering an industry-leading policy that covers the unique exposures facing manufacturing firms. Its technology platform delivers insurance plus proactive cybersecurity tools to keep your business safer, including risk management, security tools, incident response, claims and business recovery.

“Manufacturers are more reliant on technology than ever before, and more in need of a solution to survive catastrophic security failures and data breaches,” said Joshua Motta, Coalition Founder and CEO. “We’re proud to partner with the NAM and AHT to revolutionize the way manufacturers mitigate cyber risk, providing security tools to prevent incidents, incident response support to mitigate losses, together with the safety of insurance.

As new risks arise, and existing ones remain prevalent, manufacturers will continue to be regarded as easy targets for threat actors. Employing a comprehensive cyber program, such as NAM Cyber Cover, to manage, mitigate, respond to and recover from an attack will become an essential tool to help protect businesses from catastrophic loss. Read more about NAM Cyber Cover at http://www.namcybercover.org.

About AHT Insurance

AHT Insurance is a brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal and international services for a wide range of industries – notably receiving national recognition for our practices in areas including technology, manufacturing, government contracting and nonprofits.

About Coalition

Coalition combines comprehensive insurance and free cybersecurity tools to help businesses manage and mitigate cyber risk. Backed by A+/A rated insurers Swiss Re Corporate Solutions and Argo Group, Coalition provides companies with up to $10M of cyber and technology insurance coverage in all 50 states and the District of Columbia.

About NAM

The National Association of Manufacturers (NAM) works for the success of the more than 12.8 million men and women who make things in America. Our work is centered around four values that make our industry strong and America exceptional: free enterprise, competitiveness, individual liberty and equal opportunity. These pillars guide what we do every day, whether it’s standing up for manufacturers in Washington, DC, inspiring the next generation of manufacturing talent, providing news and intelligence about the industry or helping members innovate and advance. Representing 14,000 member companies—from small businesses to global leaders—in every industrial sector, we are the nation’s most effective resource and most influential advocate for these values and for manufacturers across the country. Today, we are a one-stop shop for manufacturers and manufacturing.

If you would like more information, please visit ahtins.com/nam, call Jennifer Junda at 703.554.6284 or email jjunda@ahtins.com.

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Labyrinthe Holdings Corp Welcomes Chief Marketing Officer, Carol Carrozza


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Carol Carrozza

Her ability to seize the moment and anticipate trends and behaviors is well-known and well-documented in the industry. I am confident she’ll lead our team to stay at the forefront of new innovations. – Tracy Meyer, vice president of operations and marketing at Labyrinthe Holdings Corp

Labyrinthe Holdings Corp announced the addition of its new Chief Marketing Officer, Carol Carrozza, to its team of leaders. Carrozza assumed the position on July 6, 2020.

Carrozza is joining Labyrinthe Holdings Corp coming from Ansell Healthcare, Inc., where she served as Vice President of Marketing, Global Marketing and Strategic Marketing for several health and wellness brands such as LifeStyles, Contempo, and SKYN. She was also beneficial in spearheading entry into China which led to the expansion of LifeStyles overseas. Carrozza also ran marketing for the medical division at Ansell for several years where she created a focus platform to support operation rooms and surgery centers through its innovative “Patient Protection Program” for surgical gloves, exam gloves, and topical coatings. In 2019 she was awarded “Top Women in U.S. Retail” honor from Drug Store News.

“I am pleased to announce Carol Carrozza as our new CMO,” said Tracy Meyer, Vice President of Operations and Marketing at Labyrinthe Holdings Corp. “Her ability to seize the moment and anticipate trends and behaviors is well-known and well-documented in the industry. I am confident she’ll lead our team to stay at the forefront of new innovations.”

In her new role, Carrozza will be overseeing the planning, development, and execution of the Labyrinthe Holdings Corp’s marketing and advertising initiatives. Her primary responsibility will be to generate revenue by increasing sales through successful marketing for the entire organization, using market research, pricing, product marketing, marketing communications, advertising, and public relations.

“I’m excited to join the Labyrinthe team and further energize ideas and innovations coming out of this group,” Carrozza said. “It’s truly inspiring to work with and join a group of forward-looking thinkers and innovators, where my own background and experiences in healthcare can add to their ideas for new products and markets. This is an exciting time in science and innovation, and it’s an honor to be a part of a team that can change the course of healthcare.”

Carrozza holds a bachelor’s degree from The College of New Jersey (TCNJ) and a Master of Business Administration from Monmouth University in Long Branch, New Jersey. In her spare time, she enjoys speaking about marketing and advertising controversial products to marketing and business classes and the Public Relations Student Society of America (PRSSA) groups at Auburn University, Boston University, Emory University, Rutgers University and College of New Jersey, and others.

Earlier this year, Labyrinthe Holdings Corp launched its innovative soothing topical cream, Lefa, to the market. To learn more about Lefa and its products, visit http://www.lefalabs.com.

About Labyrinthe Holdings Corp

Labyrinthe Holdings Corp was founded in January 2020 as a complete, multi-layered product development, direct response, and brand marketing operation. Its team has spent the last 20 years developing new, innovative, and scientifically efficacious products with steady mass consumer appeal spanning from baby boomers all the way through millennials.

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American Life Settlements Awarded Registered Trademark after 20 Years in Business


Continued growth is forecast. The population of potential applicants increases by the day. The number of people in America age 65 or above is estimated to grow to 82 million by 2040 and 98 million by 2060.

We are proud to announce that our Life Settlement Brokerage, American Life Settlements®, received its Registered Trademark on December 10, 2019. July 10, 2000, was confirmed as our service mark’s first use in commerce, making us among the oldest Life Settlement Brokerages. The U.S. Patent and Trademark Office categorized our company as providing “Financial services, namely, insurance policy brokerage, settlement, and loan services.” Many exclusive and enforceable rights were conferred to us as a result.

American Life Settlements: What we do.

American Life Settlements is a family-owned Life Settlement Brokerage based in Carmel, Indiana. During our 20 years in business, we have helped people from ages 32 to 93 with lifespans up to 23 more years or less than 5 sell their life policies. Life Settlement Brokers owe a fiduciary duty to policy owners. This requires orchestrating competition among a great many Life and Viatical Settlement Providers, including TV advertisers. Each Provider utilizes doctors, actuaries, and life insurance underwriters. Larger cases may require Providers to buy Lifespan Estimate Reports. All these efforts require comprehensive medical records of active conditions that may impact longevity. This process ultimately reveals each policy’s true market value, which is not possible with a calculator or quick quote by phone without any hard facts. American Life Settlements®, with decades in the business and a nationwide network of buyers, is unequaled in both industry expertise and dedicated customer care. The event of our Registered Trademark validates our many years of hard work delivering great results for our clients.

Current Business Climate: Continued growth is forecast.

Here are the facts: The population of potential applicants increases by the day. The number of people in America age 65 or above is estimated to grow from 52 million (2018) to 82 million by 2040 and 98 million by 2060.

Average Life Settlement payouts range from 4 to 8 times the cash surrender value. Most people do not know that Convertible Term policies are the easiest to sell for top dollar. Yet only $3.8 billion of Life Settlements were transacted in 2018 while some $200 billion of life insurance was terminated without quotes.

Why are seniors leaving a fortune on the table? The primary reason is that there are not enough licensed professionals advising clients about Life Settlements.

Our Company’s Difference: American Life Settlements helps licensed professionals to transact Life Settlements.

Licensed professionals may add Life Settlements to their practice in a compliant and appropriate manner. These include, but are not limited to, life insurance agents, securities representatives, investment advisers, financial and estate planners, accountants of every variety, and attorneys. Those who cannot accept Life Settlement compensation may have it added to client payouts. Being able to advise about Life Settlements is of particular importance to those who already owe a fiduciary duty to their clients.

American Life Settlements does not sell products or financial advice. Clients are free to use or invest their money as they choose. Thus, we do not compete with Advisors who associate with us.

Company History: Making the transition from selling life insurance to brokering Life Settlements.

Our life insurance agency of 1987 began transacting Life Settlements in 1998. One of our first clients was our President and Founder’s close friend of many years, a retired Marine Colonel from the Korean Conflict who started up a business after retiring from his corporate VP position. His Life Settlement of our Convertible Term policy saved his home from foreclosure and enabled him to rebuild his savings. Bringing cash to the living was far more rewarding than delivering death claims. With encouragement from him, his wife, and other happy clients, Morris Heins founded American Life Settlements before launching his first Website in 2000.

More Information:

Website: https://americanlifesettlements.com

Licensed Professionals: https://americanlifesettlements.com/company/

LinkedIn: https://www.linkedin.com/in/morris-heins/

Phone: 888-247-3659

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