Category Archives: Business

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

Mark Oliver Joins Visionary Integration Professionals (VIP) as Infor Practice Director


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“I am confident that Mark’s knowledge of Infor’s solutions and vast technical expertise will greatly benefit our clients in state and local government.” – Jonna Ward

Visionary Integration Professionals (VIP) announced today that Mark Oliver has joined its Public Sector team in the new role of Infor Practice Director.

Mark is a seasoned technology leader and joins VIP after more than 17 years in key leadership positions with Infor. He most recently served as Infor’s Director of Product Management, Public Sector, where he focused on solutions for Utility Billing, Asset Management, Community Development, Citizen Engagement and Regulation, such as permitting, licensing, and code enforcement.

“We are excited to have Mark join VIP as a member of the public sector group,” said Jonna Ward, Chairman & CEO of VIP. “I am confident that his deep knowledge of Infor’s solutions and vast technical expertise will greatly benefit our clients in state and local government.”

Mark will play a key role in expanding VIP’s capabilities and further developing the company’s go-to-market strategy to address important technology issues across agencies in California and other state and local markets.

About VIP

Visionary Integration Professionals (VIP) provides industry-leading management consulting, system integration, and technology deployment solutions. VIP helps its clients strengthen mission outcomes by combining deep industry specialization, agility to adapt as needed, and an unwavering commitment to client satisfaction. VIP brings expertise in how to deploy systems that align people, processes, and technology to accelerate strategic change and to deliver business results in partnership with its clients. Since 1996, VIP has worked with over 1,200 public sector and commercial clients. For more information, visit http://www.trustvip.com.

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Fierce Conversations New CEO Advances From CFO


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Ed’s knowledge of the business, his command of Fierce’s growth strategy, and the respect he has earned from customers and colleagues confirmed he is the right executive to lead Fierce

Ed Beltran, Fierce Conversations’ new chief executive, began his role in the top leadership spot on June 15, 2020.

“Ed’s knowledge of the business, his command of Fierce’s growth strategy, and the respect he has earned from customers and colleagues confirmed he is the right executive to lead Fierce,” said Susan Scott, Founder of Fierce. Scott will continue speaking and writing for the organization.

Ed brings 20 years of expertise in finance and operations and has been a leader at Fierce since 2017. He holds two Bachelor of Science degrees from Arizona State University in Accounting and Computer Information Systems, and an MBA from the University of Michigan. He has held an active CPA license since 2004 and holds certificates in Entrepreneurship from Wharton and Harvard. Ed has also completed his Fierce Master Facilitator certification.

Prior to joining Fierce, Ed was Head of Finance with large multinational organizations such as Agilent Technologies, Avnet Inc., PricewaterhouseCoopers, Arthur Andersen as well as advising and supporting start-ups and early-stage companies.

“Ed has that unbeatable yet hard to find combination of smart+heart,” Scott said. “He made the decision for Fierce to remain a remote workforce and is driving the development of innovative products. He provides clear direction, holds people able to get it done and credits the team for each success. Ed’s focus on doing what’s best for our clients has helped Fierce win significant work with clients even during the time of COVID because we were determined to provide them what they wanted, in the way they wanted it, at a price they could accept. This required a level of customization and innovation which has been exciting for everyone at Fierce.

“Ed embraces our belief that what gets talked about in a company, how it gets talked about and who is invited to the conversation determines what will happen. And what won’t happen. Ed is passionate about helping our communities know what conversations to have, when to have them and how to have them. He sees our greatest opportunity in providing as many resources as possible for people to confidently have effective conversations in the specific scenarios they face in their daily lives.”

For more information on Fierce, please visit http://www.fierceinc.com.

About Fierce

Fierce Conversations is a training company that teaches you how to have effective conversations. Fierce has trained hundreds of thousands to become expert conversationalists who save their organizations time and money by knowing what to talk about, how to talk about it and why it matters for the bottom line. Fierce programs have been successfully implemented at blue-chip companies, nonprofits, and educational organizations worldwide, including Capital One, Wal-Mart, CHRISTUS Health, Coca-Cola, CARE, and Verizon. The company has been honored as an Inc. 500|5000 company eight times, named to TrainingIndustry.com’s “Companies to Watch” list twice, and has won numerous awards for top companies to work for in the state of Washington. Learn how to have conversations that matter at http://www.fierceinc.com.

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APG Cash Drawer Advances Jarrett Buckholz to its New Director of Operations for North America


APG Cash Drawer Advances Jarrett Buckholz to its New Director of Operations for North America

APG Cash Drawer Advances Jarrett Buckholz to its New Director of Operations for North America

As we continue to source and supply best in class cash drawer solutions, Jarrett’s wealth of knowledge and expertise will position us to grow in alignment with our strategic initiatives.

APG Cash Drawer, a global manufacturer of cash management solutions announces the promotion of Jarrett Buckholz to Director of Operations for North America. Mr. Buckholz who celebrated 17 years at APG in June, will lead the company’s North American manufacturing, material management, receiving and warehouse in procurement, development and delivery of innovative cash management solutions.

“Mr. Buckholz brings almost two decades of experience holding previous roles in every department at APG,” stated Paull Griffiths, President and CEO. “He has been a conduit to both accelerating both internal and external growth, building relationships at every level of our company. As we continue to source and supply best in class cash drawer solutions, Jarrett’s wealth of knowledge and expertise will position us to grow in alignment with our strategic initiatives.”

“As the Director of Operations, I am excited to drive customer focus and responsiveness across APG’s manufactured and sourced product lines, while continuing to provide on-time shipments, shipment accuracy and continuous improvement at APG,” stated Buckholz. “Throughout my 17 years’ experience, I have watched APG build on the strong foundation of quality products and customer focus through its emphasis on continuous improvement.  I am excited to help grow that foundation and to spearhead improvements that will make APG, and the support of our customers, even better tomorrow than it is today.”

Mr. Buckholz along with his wife of 12 years and their two children live in the Minneapolis area.

About APG Cash Drawer – APG Cash Drawer, with over 40 years of experience, manufactures a wide range of highly durable and reliable cash drawers that are delivered quickly to the marketplace.  APG has built a reputation as the supplier of choice for cash management solutions for retail, grocery, hospitality, and quick serve for thousands of customers throughout the world. Whether it’s our general application cash drawer, custom designed solutions, or the SMARTtill® Cash Management Solution, our products and brand are differentiated by our ability to deliver innovative technologies that globally enhance efficiency and security at the point of sale. To learn more about our products, visit http://www.cashdrawer.com/ or call at 763-571-5000. Follow us on Twitter at @apgcashdrawer and on Facebook.

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EditShare Expands APAC Business Commitment with New Singapore Office and Leadership, Sets Sights on Fast Growing Cloud-based Media Market Across the Region


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Asia is a strategic market for EditShare. Having a knowledgeable team on the ground enables us to better serve our partners and customers business needs. EditShare will continue to invest in local resources across the region.

EditShare®, a technology leader that specializes in collaboration, security, and intelligent storage solutions for media creation and management, has expanded its APAC operations to include a new office in Singapore, led by EditShare’s newly appointed Vice President of Sales for APAC, Alan Dishington. With strategic oversight of the region’s sales professionals, channel partners, and key accounts, Alan will steer EditShare’s business success with an emphasis on customer enablement and experience. Through his vast experience leading business development for Tivo, Accenture and Cisco across the region, Alan brings a deep understanding of the media industry and its trajectory towards cloud-based solutions to the EditShare APAC sales operation.

In addition to the appointment of Alan, EditShare is expanding its on-the-ground presence with the addition of Tze Ming Ng, in the role of regional sales manager, and William Tay, in the role of pre-sales engineer for APAC. These new roles will support EditShare’s growing customer base in the region, which includes media giant Tencent Video, the Beijing Film Academy, and NHK, as well as the region’s growing demand for remote production solutions.

“We compete on a global stage and want EditShare to be our customers’ first choice. That means building world-class, open software supported by well-prepared leaders who create a customer experience that is second to none,” states Rob Adams, vice president of worldwide sales, EditShare. “Alan, Tze Ming, and William bring a passion for excellence with a body of knowledge that puts our customers in the very best position when it comes to transforming and making the most of their media operations.”

Tze Ming brings to EditShare vast experience in business development with special focus on media and cloud solution sales, having led similar roles for companies including NTT, InfoFabric, Pebble Beach Systems and The Media Village. Also well versed in the media market, William comes to EditShare with experience in system integration, support and delivery as well as training, working for Mediagenix NG, Software Generation Limited, and Avid.

Establishing EditShare’s new Singapore office as a regional hub comes on the heels of its resource expansion into China with on the ground presence in Beijing and technology advancements deploying EditShare customer workflows to run in Tencent Cloud, one of Asia’s biggest cloud providers. Adams states, “Asia is a strategic market for EditShare. Having a knowledgeable team on the ground enables us to better serve our partners and customers business needs. EditShare will continue to invest in local resources across the region.”

The appointments of Alan Dishington, Tze Ming and William Tay are effective immediately.

About EditShare

EditShare is a technology leader in networked shared storage and smart workflow solutions for the production, post-production, new media, sports, and education markets. Whether you need on-prem, cloud, or hybrid solutions, our products improve efficiency and workflow collaboration every step of the way. They include media optimized high-performance shared storage, archiving and backup software, a suite of media management tools and a robust set of open APIs that enable integration throughout the workflow. Customer and partner success are at the heart of EditShare’s core values ensuring a world-class experience that is second to none.

©2020 EditShare LLC. All rights reserved. EditShare® is a registered trademark of EditShare.

Press Contact

Cat Soroush

Zazil Media Group

(e) catherine@zazilmediagroup.com

(p) +1 (631) 880-9534

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American College of Healthcare Trustees Presents Webinar “Medicare Compliance and What You Need to Know”


The post-acute care continuum is facing unprecedented challenges in keeping up with the rapidly changing regulatory landscape, caused largely by regulator reactions to the COVID-19 pandemic

Compliance is an important component of the ACHT curriculum. We are proud to have two people of the expertise and stature of Ms. Tomzik and Dr. Ben-David conducting this webinar. Supporting and promoting the impressive work our Fellows are doing is part of ACHT’s mission.

The American College of Healthcare Trustees (ACHT), a national professional association that promotes good governance, leadership, and decision making in healthcare, will present a webinar Medicare Compliance and What You Need to Know” on Thursday, June 25, 2020 at 5pm EDT. Registration is free, but required: https://bit.ly/ComplianceACHT.

This webinar will be presented by two leading experts in the fields of corporate compliance, HIPAA Privacy, operations, and compliance due diligence. These experts will offer important insights on Medicare compliance and HIPAA Privacy regulatory changes going forward.

During this webinar, participants will learn:

  • The impetus for Medicare’s Change in Direction – the PHE 1135 Waiver
  • An overview of the healthcare delivery system game changer – Telehealth
  • Key areas to focus compliance efforts going forward

Compliance is an important component of the ACHT Curriculum. “We are proud to have two people of the expertise and stature of Ms. Tomzik and Dr. Ben-David conducting this webinar,” said David Levien, MD, MBA, FACS, President and CEO of ACHT. “Ms. Tomzik is the American College of Healthcare Trustees Fellow. Supporting and promoting the impressive work our Fellows are doing is part of ACHT’s mission.”

Date: Thursday, June 25, 2020 at 5pm EDT / 4pm CDT / 3pm MDT / 2pm PDT

Duration: 1 hour

Webinar Registration: https://bit.ly/ComplianceACHT

About ACHT

The American College of Healthcare Trustees (ACHT) is a national professional association dedicated to promoting high performing, competent, qualified, ethical governance and leadership in healthcare that is person-centered and accountable by providing continuing education, resources, and networking.

Become a Fellow of the American College of Healthcare Trustees now: https://bit.ly/joinACHT.

About the Experts

Ms. Kristine Tomzik, RN, MBA, BSN, CHC, CCEP, CHCP, CFE has over two decades of experience in healthcare compliance, HIPAA Privacy, Medicare A, B & C and fee-for-service and managed Medicaid fraud waste and abuse and due diligence operations for vendors, payors and providers in the areas of benefit management, acute inpatient, skilled home health, hospice, and non-skilled home care. She is also a registered subcontractor with the United States Department of Justice to perform Independent Review Organization Audits under a Corporate Integrity Agreement. Ms. Tomzik may be reached at kristine@tomzikconsulting.com or via her website at http://www.tomzikconsulting.com.

Dr. Cheryl Ben-David is a licensed physical therapist, and certified as a (CHC, CRC, CPC, CDC) who brings over two decades of experience, having worked in the highly regulated environment of healthcare within the US, providing litigation support & investigations with a focus on Compliance across the post-acute continuum and durable medical equipment suppliers, documentation integrity, billing, reimbursement, pharmaceutical promotion and privacy. A subject matter expert across rehab service delivery and operational enhancements including physical therapy (PT), occupational therapy (OT), and Speech Language Pathology (SLP). Dr. Ben-David may be reached at Cheryl.f.BenDavid@gmail.com.

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Palmer Johnson Announces Brad Borchers as New Vice President for Trident Engineered Solutions and Hamilton Engine


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“With Brad now serving as VP of Hamilton & Trident, they are tied together more closely, which is a good thing.”

We are pleased to announce that Brad Borchers will be filling the role of Vice President of Hamilton Engine and also Vice President of Trident Engineered Solutions.

Brad has worked for Palmer Johnson for over 13 years. A mechanical engineer from Milwaukee School of Engineering and more recently a graduate of the University of Wisconsin Executive MBA program, Brad began his career with Palmer Johnson as a Product Support Engineered. Brad rose quickly, first taking on the role of Support Center Manager, then Director of Engineering.

“Brad had been working on starting a Trident-like, fashion-forward venture for the last couple of years,” said Craig Parsons, CEO/Owner of Palmer Johnson Power Systems. “Jan 1, 2020, was a big day. On top of the Badgers playing in the Rose Bowl (back when there were sports) and the Hamilton acquisition, it’s the day that Brad & Trident formally split off from PJPS, along with Josh Spitza, Mike Karpe, Christopher Rath, George Bonney, Mike Herms, Dennis Cotterill, and Tyler Hibner. Over the last six months, Brad and his team have positioned Trident for growth. In six months, Trident has gone from basic business set-up to implementing processes, improving the machine shop layout, building intubation boxes for St. Marys Hospital, launching a killer website- all while continuing to serve PJPS with machining and OEMs with engineering services.”

“With Brad now serving as VP of Hamilton & Trident, they are tied together more closely, which is a good thing. Andy Telford and the Hamilton team have built a strong & growing business in the Pacific Northwest. However, Hamilton didn’t focus on engineering, relying mainly on engine vendor assistance. Now with the support of Trident’s engineering expertise and fueled by PJPS’s relationships with OEMs, Hamilton will be able to capitalize on opportunities to sell engineered solutions to small and mid-sized OEMs across North America. Paired with the machine shop, now the fabrication center, rolled into Trident, Trident has the capability not only to design powertrain solutions but to build them. When possible, these packages will include PJPS components (pump drives, PTOs, transmissions, etc.) and Hamilton engines. Makes sense, right?” says Parsons.

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SG Contracting Inc., the Atlanta-based general contractor and construction management company, promotes three to new positions including CFO


Ashleigh Pushnig promoted to CFO of SG Contracting

“I am so proud of Ashleigh, Greg and Jeff for their success. Having great people like them on my team is why I founded this company.” Sachin Shailendra, president of SG Contracting Inc.

SG Contracting Inc., the Atlanta-based general contracting and construction management company, is pleased to announce three people have been promoted to new positions, including Ashleigh Pushnig to Chief Financial Officer.

Pushnig is responsible for SG Contracting’s accounting department overseeing the day to day accounting, account analysis, and financial statements. She has 15 years of experience at SG Contracting and her role has continued to expand during this time. A University of Georgia graduate, she is key in performing the effective risk management for the company and planning the organization’s overall financial strategy.

In addition, Greg Gentry has been promoted to Preconstruction Manager. Gentry is responsible for SG Contracting’s estimating department and all of the company’s preconstruction services. The Georgia Southern University graduate, with a bachelor’s of science in construction management, has worked in the construction industry for the past 10 years. He brings experience and a working knowledge that is invaluable to all facets of project delivery and project pursuit. Gentry continually ensures that all projects meet SG client’s expectations.

Finally, Jeff DiLeo has been promoted to Project Manager. DiLeo is responsible for coordinating and supervising SG Contracting projects. His early career was spent with a large mechanical subcontractor. This experience is invaluable when tasked with the management of a project’s subcontractors. A graduate of Providence College, DiLeo’s skills help him to successfully interface with all parties involved in a project including clients.

“I am so proud of Ashleigh, Greg and Jeff for their success. Having great people like them on my team is why I founded this company. It’s truly my honor to work with them every day,” said Sachin Shailendra, president of SG Contracting Inc.

About SG Contracting Inc.

SG Contracting is an Atlanta-based general contracting and construction management company. Our principals and employees have extensive project experience collectively spanning over a century in several markets throughout Georgia and the Southeast. Our accomplishments include the construction of projects throughout the metro Atlanta area – earning us the reputation for world-class quality and excellence. Our areas of expertise include athletics, aviation, healthcare, higher education, interiors, institutional and K-12. For more information, visit https://www.sgcontractinginc.com/

Media Contact:

Rachel Tobin

Lexicon Strategies

rtobin@lexiconstrategies.com

(404) 276-5930

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Qintess presents new leaderships for Latin America


“We are extremely excited about this moment. We are fully convinced that the arrival of professionals of this magnitude will bring the necessary competence and experience to further leverage our maturation and growth process”, says Nana Baffour, Chairman, CEO and Chief Culture Officer at Qintess

Relying on the best talents to drive business-oriented innovation. With this commitment, Qintess, one of the main suppliers of technology and digital transformation solutions in Brazil, announces its new leaderships for Latin America: Gilberto Caparica assumes as Chief Operation Officer (COO) and as Chief Digital Officer (CDO), Lauro Chacon is the new Chief Marketing and HR Officer, and Raul Rocha takes over as Chief Sales Officer. These executives will act together with Rogério Dias, the Executive Vice President and Chief of Staff at Qintess.

“We are extremely excited about this moment. We are fully convinced that the arrival of professionals of this magnitude will bring the necessary competence and experience to further leverage our maturation and growth process,” says Nana Baffour, Chairman, CEO and Chief Culture Officer at Qintess, reinforcing the role and importance of the new company leaders in Latin American countries.

“All the transformation processes we have been through make us sure that we are on the right path to provide our customers with successful experiences in the digital transformation journey,” says Rogério Dias, who served for 22 years as an executive of the Cimcorp Group, precursor of Qintess, besides having occupied, among others, the position of Global Head of Commercial Strategy at Getronics. During this period, he acted effectively in the transformation processes that brought the company to the present day.

In addition to Qintess’ growth strategy plan, Gilberto Caparica will act as Chief Operating Officer, leading the entire delivery structure of the company. Caparica has over 30 years of experience in the Operations, Digital Services and Commercial areas, having held positions in large companies such as JD Edwards, Peoplesoft (now Oracle), HQS and Getronics, where he recently was a Board Member & Global CMO. “It is an extremely rewarding moment in my professional career. The great challenge at Qintess for this year is to redesign our offers so that they are even more connected with the company’s new business model, increasing the synergy obtained by integrating Resource’s experience in applications and systems with Cimcorp Group’s recognized expertise in infrastructure and workspace,” emphasizes Caparica.

Caparica’s vast experience opens new horizons for Qintess, as over the last few years he has developed and articulated the creation of offers in countries in Latin and Central America, as well as in the United States, Canada, and Spain. His expertise in creating high-performance digital models will help Qintess to grow in the Latin American and European market in the coming years.

Raul Rocha´s objective will be to support sustained growth and the evolution of solutions offered to the market. Qintess’ new Chief Sales Officer for Latin America aims to generate a 20% growth in the regional company’s revenue in 2020, working to verticalize the offers according to the demands of each location. “I am very confident and happy to be part of Qintess, a company that continues to evolve and transform itself. I arrive to support the actions of the brand and to bring new experiences and options for the group,” says Rocha, who has experience in Technology industry, since he has worked for companies such as Tivit, Sonda and T-Systems, and who was the Executive Vice President of Stefanini for the past six years.

With significant achievements throughout his professional history, Lauro Chacon worked at Accenture for 22 years, where he was the Managing Director responsible for Change Management, in addition of the position of HR and Talent Strategy Head for Latin America. Chacon joins the Qintess executive team to strengthen the innovation and people management strategy, in addition to promoting projects which comply with the Environmental, Social and Corporate Governance (ESG) principles and best practices. Working towards this, the Chief Marketing and HR Officer will aim to improve the integration of the teams through leadership development, staff appreciation and strengthening the brand, with a great focus on building an organizational culture of transformation and growth. “It is a differentiated opportunity in my career. The objective is to build a favorable environment for innovation, to expand the diversity and sustainability of the company, in addition to strengthening the new identity and the employees’ pride in working for our company. This, of course, added to strategies to improve the talent attraction and retention processes.”

A specialist in the implementation of high-performance human management models, Chacon will also work to implement fully digital processes, such as attracting and selecting people, in addition to training professionals through the Talent Academy.

About Qintess

With around 3,500 employees in Brazil and Latin America, Qintess combines the expertise in strategy, design innovation and technology to support organizations and to offer the best experience for the customer. As a result of the union of the Cimcorp Group and Resource, Qintess aims to expand support to organizations, with options fully aligned with the agile and disruptive model, reducing the bureaucracy of processes and offering more added value to customers, presenting Resource’s experience in applications and systems with Cimcorp Group’s recognized expertise in infrastructure and workspace. The ESG principles, which refer to the best environmental, social and governance practices, are the major drivers of the company’s transformation.

To learn more, please visit: http://www.qintess.com

Media Contacts – Planin – Qintess’ Communication and PR Office

Angélica Consiglio, Beatriz Imenes and team – http://www.planin.com

Contacts: Hellen Sant’Anna, André Geniselli, Ana Flávia Richter and Thelma Kai

Phone: (11) 2138-8906 – qintess@planin.com

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Governor Phil Scott Signs New Captive Insurance Industry Legislation


Governor Phil Scott today signed new legislation strengthening Vermont’s captive insurance laws, increasing efficiencies while adding flexibility to regulatory policy and procedures. This year’s bill again highlights the continued collaboration between Vermont’s executive and legislative branches to ensure the state’s captive law remains the industry benchmark.

“COVID-19 has dramatically changed the way we all work, live and play, however it has not changed Vermont’s continued commitment to be the ‘gold standard’ within the captive insurance industry,” said Governor Scott. “The bill I signed demonstrates – as we do every year – that Vermont does not take this sector for granted and we are firmly committed to keeping pace with the ever-evolving needs of the captive insurance industry.”

This year’s captive bill includes new policies related to Vermont’s captive protected cells. A protected cell is a popular alternative risk transfer mechanism that often operates like a stand-alone captive. Vermont has identified protected cells as a promising area for growth within the state’s industry.

“One of the key changes recognizes the importance of cells in the captive industry, and makes it clear that a cell can operate—and should be regulated—much the same as an individual captive,” said Deputy Commissioner of Captive Insurance Dave Provost. “I believe the captive industry will welcome this change, along with other updates included in the bill.”

Additional key updates include allowing separate accounts within a cell of a sponsored captive, simplifying an agency captive owner’s disclosure requirements, aligning with the National Association of Insurance Commissioners (NAIC) statutory accreditation standards for Risk Retention Groups and allowing dormant captives to remain intact at a minimum capital level so they may be reactivated in the future.

“Even in the midst of a pandemic where the attention of the Governor and legislature is rightly focused on the health and welfare of its citizens, Vermont’s state leaders came through and passed a bill that updates and strengthens Vermont’s captive insurance statutes,” said Richard Smith, President of the Vermont Captive Insurance Association.

A summary of the changes in the law includes:

  • Agency Captives: Provides for simplified disclosure for agency captive owners.
  • Dormant Captives: Allows regulatory discretion in setting the capital of an uncapitalized dormant captive to keep their captive intact at minimal cost, for future reactivation in Vermont.
  • Sponsored Captives: Reduces the minimum core capital for a sponsored cell captive from $250,000 to $100,000.
  • Unaffiliated Business in Protected Cells of Sponsored Captives: Allows flexibility to insure unaffiliated business in a cell under the same circumstances as might be allowed in a stand-alone captive and will help keep the captive option open.
  • Separate Accounts in Protected Cells: Explicitly allows cells to form separate accounts within a given cell. The provisions mirror those applicable to standalone captives and extends the protections of statutory clarity.
  • Legal Investments in Cells: Provides flexibility in investments by giving sponsored captive companies, and the cells within said companies, the option to follow the old rules or develop a plan for Department of Financial Regulation (DFR) approval.
  • Accreditation Standard for Risk Retention Group Examinations: Specifying the timing of examination reports for Risk Retention Groups to align with NAIC accreditation standards.

For more information on Vermont’s captive industry, visit http://www.vermontcaptive.com, call Tim Tierney at 802-505-5496 or email tim.tierney@vermont.gov.

The Department of Economic Development operates within the Agency of Commerce and Community Development, whose mission is to help Vermonters improve their quality of life and build strong communities.

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Mike Morrissey Retires as IIS President & Chief Executive Officer


The International Insurance Society and The Institutes have announced that Mike Morrissey will retire as President and Chief Executive Officer, after more than eleven years in the position.

After fifteen years as an active corporate member of the IIS, Mike was chosen to become its fifth CEO in early 2009. In addition to running ten of the IIS’ signature events, the Global Insurance Forum, he is responsible for numerous innovations, including the Global Insurance Stock Review, the Leaders of Tomorrow Program, the Vanguard Market Development Award, the Global Centers of Insurance Excellence and the Leadership Perspective: Global Pandemic webinar series.

The role of the IIS as the inclusive and diverse voice for the industry and all its stakeholders grew significantly under his leadership. Mike elevated the role of the IIS and the insurance industry with international institutions. Under his leadership the IIS became a founding supporting institution of the United Nations’ Principles for Sustainable Insurance, and the founding organization and Secretariat of the Insurance Development Forum, a public/private partnership led by the global insurance industry, the UN and the World Bank. The IDF was established to leverage the industry’s risk assessment and investing capabilities to enable the world’s most disaster-exposed governments, communities and populations enhance risk understanding and build resilience, and Mike has been a steering committee member since its inception.

Commenting on his decision, Morrissey said, “It has been an honor and a privilege to lead this important organization during this challenging period. Now that the integration of the IIS affiliation with The Institutes is substantially complete, the timing is right for a leadership change to drive the next phase in the life of the IIS. I look forward to working with The Institutes and my successor as Special Advisor, to effect a smooth transition and ensure continuity, and I am confident that the IIS has a bright future.”

“Mike has made a significant contribution to both the IIS and risk management and insurance in general during his time as the CEO of the IIS,” said Peter Miller, CPCU, President and CEO of The Institutes. “He has added expertise and experience to many issues on an international basis. A list of Mike’s accomplishments highlights the impact Mike has had. I am grateful for Mike’s stewardship of the IIS. In a changing world, the IIS will be an important resource to provide knowledge and perspective to those involved in risk management and insurance.”

About International Insurance Society (IIS)

IIS is a global forum for all insurance and risk management stakeholders, probing vital issues and using world-class research as a force to drive growth and innovation toward sustainable risk management. Its vision is to shape the future of the global insurance industry as a key contributor to the economic and social development of markets.

About The Institutes | Risk and Insurance Knowledge Group

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

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