Category Archives: Business

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

Business: Executives

Momenta Appoints Richard White as Managing Partner, Executive Search

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Richard White joins Momenta Partners

I am humbled to join such an accomplished group of industry veterans, complementing my experience securing the best and brightest executive leaders within Private Equity.


ZURICH, LONDON, NEW YORK, and SAN FRANCISCO (PRWEB)

Momenta Partners, the leading global Executive Search, Advisory, and Ventures firm focused on Digital Industry, is pleased to announce the appointment of Richard White as Managing Partner of Executive Search.

For more than 10 years, Mr. White has led Talent Acquisition for Patriarch Partners, a leading New York City Private Equity (PE) firm where he placed C-Suite leaders at more than 50 portfolio companies across 14 industry sectors. Mr. White began his career in Public Relations and Digital Marketing, before serving as Director of Media Relations at FOX News Channel for nearly three years. Mr. White will continue to be based out of the greater New York City area.

Momenta, Digital Industry Growth Partners, places executive talent for, advises, and invests in leading and emerging companies digitally transforming industry. Momenta’s Executive Search practice has significantly grown under the leadership of Jonathan Moulton, Managing Partner, placing over 200 executive leaders in digital leadership roles since 2015. With the addition of Mr. White, Momenta strengthens its offerings to Private Equity and expands its geographic presence.

“Momenta has been at the forefront of digital industry transformation for years, positioning companies large and small for success,” said Mr. White. “I am humbled to join such an accomplished group of industry veterans, complementing my experience securing the best and brightest executive leaders within Private Equity.”

“Since our founding, we’ve focused on providing the best leaders for our clients, often taking fewer assignments to ensure thorough and insightful client and candidate experiences. This has made us the go-to firm for technology-focused PE and VC firms,” said Jonathan Moulton, Managing Partner of Momenta. “Richard’s deep experience helps us better serve the unique needs of larger, industrial PE firms.”

“We believe there is no more critical factor to Digital Industry transformation than catalytic leadership,” said Ken Forster, Executive Director of Momenta. “Richard has a proven track record of securing impactful leaders that have catalyzed their companies across our key digital industry sectors. We’re pleased to have him leading our Executive Search practice.”

About Momenta Partners:

Momenta Partners are Digital Industry Growth Partners, with industry-leading Executive Search, Advisory, and Ventures practices, accelerating the growth of companies in the industrial ecosystem globally since 2012. For more information, visit http://www.momenta.one, join the @MomentaPartners conversation or contact info@momenta.one.

Media Contacts:

Momenta Partners

Sandra Mueller

info@momenta.one

+1 347 620-1836

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Business: Executives

REIProperties Columbus Expands Support of Columbus Dream Center

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At REIProperties, we want to make a difference. The COVID-19 crisis has disproportionately impacted minority communities. Jobs have been lost and as a result, people are hungry. We believe it’s our responsibility to help where we can.


COLUMBUS, Ohio (PRWEB)

Focused on the pressing needs of the community and the clients they serve, REIProperties Columbus recently partnered with Columbus Dream Center to purchase and distribute food to low income individuals and families who are struggling as a result of COVID-19. Through its partnership with the Mid-Ohio Food Bank, the Columbus Dream Center used REIProperties donation to provide more than 6,200 meals to those in need in the Columbus area. Established in 2015, The Columbus Dream Team is a volunteer-driven, Columbus based organization dedicated to providing hope to low income, homeless and under-served individuals and families in the Columbus, Ohio area.

“At REIProperties, we want to make a difference, “explained Jeff Ihlenfeld, REIProperties Founder. “The COVID-19 crisis has disproportionately impacted minority communities. Jobs have been lost and as a result, people are hungry. We believe it’s our responsibility to help where we can.”

Founded in 2005 by Jeff Ihlenfeld, REIProperties Columbus has established a broad portfolio of single-family properties, and works closely with local and national organizations to help secure homes that are safe and affordable for both individuals and families.

Last month, REIProperties Columbus launched its new website, REIProertiesColumbus.com. The site answers questions about how to apply for and obtain Section 8 status, and points visitors to resources that can help identify the documents and form needed. In addition, the site contains a resource section that offers the latest information on COVID-19 and links to various material that can help explain and provide insight into the current state of the affordable housing market.

About REIProperties Columbus

Founded by Jeff Ihlenfield in 2005, REIProperties Columbus is committed to providing housing for low income individuals and families. The company specialize in Section 8 housing, providing single-family properties that are safe, modern and comfortable. REIProperties Columbus is affiliated with both local and national organizations to help navigate the requirements for Section 8 housing and stands ready with housing options for those who qualify for assistance. For more information visit http://www.reipropertiescolumbus.com.

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Business: Insurance

Insurance Industry Charitable Foundation receives $500,000 donation from Lloyd’s in support of COVID-19 Crisis: IICF Children’s Relief Fund

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LOS ANGELES (PRWEB)

The Insurance Industry Charitable Foundation (IICF), a unique nonprofit organization dedicated to helping communities and enriching lives, announced a $500,000 contribution from Lloyd’s to the COVID-19 Crisis: IICF Children’s Relief Fund. This generous donation will help deliver tens of thousands of meals to vulnerable children struggling with food insecurity and help to address educational disruption, family homelessness and other risks exacerbated by the pandemic. As part of its broader global response to the pandemic crisis, this gift from Lloyd’s brings the IICF relief campaign total to $1.1 million raised to date.

“We are tremendously grateful to receive this extraordinary donation from Lloyd’s, and for what it will mean to so many in need during these unprecedented times,” said Bill Ross, Chief Executive Officer of IICF. “Lloyd’s has long been a leading supporter of IICF, serving as an IICF Key Partner Company with representation on IICF Boards of Directors in several divisions. These funds will allow us to significantly increase our granting capacity to the fourteen nonprofits we are partnering with for the IICF Children’s Relief Fund across the country.”

IICF has seen widespread and united industry support for its crisis relief campaign, including more than 550 individual contributors. Early initial grants awarded through the IICF Children’s Relief Fund are helping to deliver nearly 600,000 meals to children at risk of food insecurity. IICF anticipates providing one million meals throughout this campaign to children and their families in need.

“As the industry’s leading charitable giving platform and convenor of brokers, insurers and service providers, the IICF’s value proposition rings more clearly now than ever,” said Hank Watkins, Regional Director and President, Americas at Lloyd’s, and former Chair of the IICF Northeast Division Board of Directors. “Lloyd’s is proud to join hands with our industry colleagues in supporting the IICF’s mission and efforts to meet the needs of those in our communities left vulnerable by the pandemic crisis.”

Industrywide, philanthropic giving in response to the crisis continues to increase. Using information collected by IICF, the Insurance Information Institute upgraded its estimate to $280 million donated by U.S. insurers and their charitable foundations in response to the COVID-19 crisis. This estimate was upgraded from $220 million following new and increased charitable contributions reported throughout May and into June. Additionally, more than $150 million has been contributed internationally.

As food banks and other nonprofit organizations continue to see needs for services rise precipitously due to the pandemic crisis, IICF’s mission of helping communities and enriching lives remains more important than ever. To learn more about the IICF Children’s Relief Fund or donate, please visit here.

About the Insurance Industry Charitable Foundation (IICF)

The Insurance Industry Charitable Foundation (IICF) is a unique nonprofit that unites the collective strengths of the insurance industry to help communities and enrich lives through grants, volunteer service and leadership. Established in 1994, IICF has served as the philanthropic foundation of the insurance industry for more than twenty-five years, contributing $39 million in community grants along with 300,000 volunteer hours by more than 110,000 industry professionals. IICF reinvests locally where funds are raised, serving hundreds of charities and nonprofit organizations, for maximum community impact. IICF is a registered nonprofit organization under section 501(c)(3) of the IRS code. Learn more at http://www.iicf.org or follow us on Twitter @doubleicf.

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Business: Executives

Stuart Armstrong Named Chief Revenue Officer of JohnRyan Inc.

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MINNEAPOLIS (PRWEB)

JohnRyan, Inc., an AUO company, today announced the appointment of Stuart Armstrong as Chief Revenue Officer. Previously a member of the executive leadership of AUO’s subsidiary ComQi, Stuart will lead the expansion of JohnRyan’s business as it continues to meet the rapidly evolving needs of today’s businesses in the financial services and corporate communication verticals.

“Following his successful tenure at ComQi, we have asked Stuart to leverage his considerable industry knowledge and talents to accelerate the growth at JohnRyan,” said Hank M. Liu, Chairman & CEO for JohnRyan and ComQi.

“Having an in-depth understanding of the full breadth of JohnRyan, ComQi and AUO products and services, positions Stuart to further ensure that we are putting the best solution forward with every opportunity in the financial services and corporate communication verticals,” said Nancy Radermecher, President of JohnRyan.

“JohnRyan has an extraordinary team and a proven record of innovation that delivers amazing results for their clients, this combination has never been more important than it is right now,” said Armstrong. “I am thrilled to be in a position to contribute and look forward to the work and successes ahead.”

About the companies:

JohnRyan

JohnRyan is a retail marketing agency that provides the strategy, technologies, content and execution to optimize customer experiences and communications for financial services firms around the globe. Through the years, JohnRyan has deployed more than $1 billion in retail marketing programs in more than 60,000 branches, in 35 countries. For more about us, please visit http://www.johnryan.com/

AU Optronics

AU Optronics Corporation (AUO) is a global leader in optoelectronic solutions and one of the largest flat panel display manufacturers in the world. In 2019, AUO manufactured and shipped some 240 million displays. AUO has a staff of around 38,000 throughout its global operations, spreading across Taiwan, mainland China, Japan, Singapore, South Korea, the United States, and Europe. AUO has its headquarters offices in Hsinchu, Taiwan. For more about AUO, please visit http://www.auo.com/

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Business: Insurance

Insurance Guide – Does Car Insurance Cover Hit and Run Accidents

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“Not all drivers are willing to remain in the scene of an accident and exchange insurance information. Drivers involved in hit-and-run accidents, should call the police as soon as possible and provide details about the other driver that left the scene”, said Russell Rabichev, Marketing Director


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has launched a new blog post that presents which car insurance policies cover a hit-and-run accident and what drivers should do in these cases.

On most occasions, in the event of a car accident, both drivers typically pull over and exchange insurance information as a means of resolving the situation. However, there are some situations where the other person drives away from the scene. Hit-and-run accidents are quite common. On average, there are about 682,000 reported hit-and-run crashes every year.

In the event of a hit-and-run accident, the policyholder will be reimbursed only if he carries one of the following coverages:

  • Collision coverage. In a normal accident where both drivers stop, the driver who caused the accident is found at-fault. The at-fault driver’s collision coverage automatically defaults to their insurance company, and their provider pays the other driver for their damages. However, no one is at-fault in a hit-and-run crash. In this case, the policyholder will have to file a claim and pay a deductible to be reimbursed.

  • Uninsured/Underinsured motorist coverage. This type of policy is considered to be a no-fault coverage. It protects the policyholder if it gets involved in an accident and the other driver is uninsured or doesn’t have enough coverage to reimburse the policyholder for the damage it caused. In a hit-and-run scenario. uninsured/underinsured motorist bodily injury and property damage coverage will reimburse the policyholder for medical expenses and damages done to the vehicle. Drivers who file an uninsured/underinsured motorist coverage claim, are not required to pay a deductible and their premiums will remain the same, or only increase slightly.

  • Personal injury protection coverage. Drivers living in no-fault states are legally required to purchase PIP insurance. PIP insurance covers the damages done to the vehicle and the medical expenses in the event of an accident, regardless of who caused the crash. In case of a hit-and-run incident, PIP coverage will automatically cover the losses of a policyholder, even if the policyholder doesn’t have the insurance information of the driver who left the scene.

Drivers involved in hit-and-run accidents should follow the next steps:

  • Call the police. After the incident, the drivers should assess any injuries done to them and their passengers and call 911 if anyone needs medical attention. Even if it’s a minor crash, the drivers should report the incident to the police.

  • Recall details about the driver that left the scene. The police will want to know any details about the other driver. They will ask about the color of the car, the license plate, the make and model of the vehicle, what time the accident took place, where it happened, and even which direction the other driver was heading.

  • Record the damages. Before leaving the scene, the policyholders should take photos or videos of the damages done to their vehicles. Also, they should get the names and contact information of any witness. This will help the policyholder in the claims process.

  • Contact the insurance provider. Contact the insurance company and start the claims process. The policyholders will receive claims forms to fill out, where they can add photos and other information gathered from the scene.

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: Executives

Mine Development Associates, a Division of RESPEC Company LLC, Announces the Addition of Mr. Jeff Bickel and Mr. Mike Ressel

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Reno, NV (PRWEB)

Mine Development Associates, a division of RESPEC Company LLC, is pleased to announce the addition of Mr. Jeff Bickel and Mr. Mike Ressel to our existing team of geologists and engineers in Reno, Nevada.

“Jeff and Mike bring unprecedented expertise to our mining team. Their combined subject-matter expertise enhances RESPEC/MDA’s already deep and comprehensive capabilities for geologic resource modeling, mineral-resource assessments, and overall project management,” says John Morgan, Senior Vice President of Mining & Energy.

RESPEC/MDA welcomes Mr. Jeff Bickel from Excelsior Mining Corp. in Arizona, where he held the titles of Technical Services Manager, Geology Superintendent, and Senior Geologist. During his time in Arizona, Mr. Bickel developed expertise in exploring and developing copper deposits. His competencies include geological modeling, managing drill programs, mine planning, and the technical aspects of in situ mining. His experience with in situ mining involved transdisciplinary projects that integrated geology, hydrogeology, metallurgy, mine permitting, environmental studies, and operational data management. Mr. Bickel received his Bachelor of Science degree in geological sciences from Arizona State University.

Mr. Bickel will expand RESPEC/MDA’s capabilities to include in situ mining expertise and augment RESPEC/MDA’s capabilities in developing client’s geologic resource models, resource estimates, and assisting with all aspects of project development.

Mr. Mike Ressel most recently worked as an economic geologist and assistant professor for the Nevada Bureau of Mines and Geology at the University of Nevada, Reno (UNR), where he led field-based studies and published several papers on Great Basin ore deposits, conducted quadrangle mapping, taught courses and advised graduate and undergraduate students in economic geology, and engaged in extensive public service. Before his time at UNR, Mr. Ressel spent more than 15 years working in mining and exploration. He was Chief Geologist of North America for Newmont for several years, following extensive work in mine production and development as well as near-mine and generative exploration for Newmont, Kinross, and Victoria Resources in the Great Basin, Alaska, and other parts of the US; western Canada; Mexico; Mauritania; and Australia. He also worked for 5 years in geotechnical and groundwater consulting. Mr. Ressel obtained his Doctor of Philosophy degree from UNR and is a fellow with the Society of Economic Geologists, a certified Professional Geologist from the American Institute of Professional Geologists, and active in many professional geoscience and mining organizations.

At RESPEC/MDA, Mr. Ressel will be involved in various aspects of mineral-resource assessments, from data collection and validation to geologic and resource modeling and estimation.

To learn more information about RESPEC, visit http://www.respec.com.

About RESPEC

Founded in 1969, RESPEC has 26 locations in North America and strategic alliances worldwide. As a global leader in water science, geoscience, engineering, and data and internet technology, RESPEC has an award-winning, 50-year reputation of technical excellence in meeting client goals for businesses and organizations in water, natural resources, mining, energy, infrastructure, and data technology services.

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Business: Executives

Quick Base Names 2nd Fortune 500 CIO to Board of Directors, Expanding Bench of Enterprise Leaders Advocating for Citizen Development

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Paul shares our passion for helping businesses get the most out of their technology and people, safely empowering teams across an organization to fill in the gaps and build the solutions they need that connect their data and systems.


CAMBRIDGE, Mass. (PRWEB)

Quick Base, the leading low-code platform for operational agility, announced that Paul von Autenried, executive vice president and chief information officer at Bristol Myers Squibb, has joined its board of directors. Paul is the second Fortune 500 CIO to join Quick Base’s board since the beginning of the year.

Paul has long been vocal about the ongoing evolution of the role of IT in organizations today. No longer distinguished solely by the depth of their technology expertise, he considers IT professionals “stewards of the digital enterprise,” taking full accountability for the digital capabilities of their companies. In this way, IT can support those on the frontlines of the business by providing a shared, managed platform for process innovation and agility.

“To be successful today, businesses need to adapt and evolve incredibly fast,” Paul said. “Quick Base is a leader in enabling safe and compliant innovation at the edge of enterprise-level systems. Its strong data-centric platform, low barrier to entry for developers, best-in-class support and skilled management with a vision for the future are all reasons I’ve joined the board.”

Paul joins Javier Polit, CIO at Mondelez International, Inc, on Quick Base’s board of directors, marking a growing number of global CIOs advocating for widespread adoption of citizen development to help businesses create lasting operational agility. Paul’s perspective as one of healthcare’s leading CIOs is also extremely valuable as the world responds to the impact of COVID-19.

In the wake of disruption caused by the novel coronavirus, companies are faced with “rethinking their operating model,” according to a recent McKinsey report, “building it around how their people work best.” That means the pace of transformation is moving faster, and the challenges that existed before–disconnected legacy systems, inefficient manual workflows and scarce development resources–will be magnified.

“We’re seeing businesses come back to the future of work right now. Agility and speed are suddenly paramount, meaning data and technology must be more accessible, automated and integrated than ever before,” said Ed Jennings, Quick Base CEO. “Paul shares our passion for helping businesses get the most out of their technology and people, safely empowering teams across an organization to fill in the gaps and build the solutions they need that connect their data and systems. His experience, including enabling citizen development in a highly-regulated industry, will help shape the practice for our customers and for businesses around the world.”

“Patients are the center of everything we do at Bristol Myers Squibb,” Paul said. “IT enables us to inspire innovators across the entire organization to leverage digital technology to improve the overall patient experience and succeed in our mission to discover, develop and deliver innovative medicines that help patients prevail over serious diseases.”

Throughout his experiences in high-tech, consumer packaged goods, and biopharmaceuticals companies, Paul’s career has been focused on strategically leveraging information technology to drive superior performance. Before joining Bristol Myers Squibb, Paul held positions with Kraft General Foods and Hewlett-Packard. He serves on the Board of Trustees of Penn Medicine Princeton Health.

For more information about Quick Base, visit our blog.

About Quick Base

Quick Base is the trusted platform for continuous process innovation at enterprise scale. As the first cloud application development platform to support safe, secure and sustainable citizen development, Quick Base helps more than 6,000 customers, including over 80 percent of the Fortune 50, continuously perfect the processes that make their businesses unique. Quick Base is a leader in the Forrester Wave™: Low-Code Platform For Business Developers. Visit QuickBase.com to learn more.

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Business: Insurance

Despite Pandemic, Online Insurance Broker Doubles Sales Staff & Opens New Offices

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“The choices facing new Medicare enrollees are somewhat complex, and errors can be costly.(5) In addition, the expanding roster of various Medicare Advantage plans(6) adds another layer of complexity to the market,” Rich says.


CLEARWATER, Fla. (PRWEB)

Ensurem LLC, a growing online multi-carrier insurance brokerage, has announced commencement of construction on a new corporate headquarters building in Largo, Florida and a satellite sales office in nearby New Port Richey. When completed later this year, the two facilities will house a staff of nearly 250—including 80 new agents. The agents are currently being on-boarded and trained in groups of no more than 20, so as to enable the social distancing required to maintain employee safety during the COVID-19 coronavirus pandemic.

“We’ll have just about all our new agents in place by the end of July,” says Dave Rich, the CEO of Ensurem. “While the pandemic continues, virtually the entire staff—including agents—will be working remotely. Post-social distancing, we’ll have a 125-seat Contact Center at headquarters in Largo, and 90 licensed agents in the New Port Richey office.”

The novel coronavirus crisis has had a disastrous effect on employment in many industries, notes Rich. During the last week of May, an additional 1.8 million Americans filed for unemployment insurance—bringing total U.S. unemployment claims since mid-March to a staggering 42.5 million.(1) The insurance industry, however, has still found ways to flourish; in April, major carriers, among them Chubb(2) and Aon(3), announced that they would not reduce their workforces during the pandemic.

Continuing competition for qualified insurance brokers, says Rich, coupled with rapidly growing consumer interest in customer-friendly online insurance shopping led his company to press on with its expansion plans during the coronavirus crisis. Another factor Rich notes in the decision was market growth. Ensurem specializes in providing seniors with Medicare-related products, and the rate at which the baby boomer generation is aging means that 10,000 people in the U.S. turn 65 every day.(4) Rich claims that helping these new retirees make informed decisions about their healthcare coverage is Ensurem’s primary mission.

“The choices facing new Medicare enrollees are somewhat complex, and errors can be costly.(5) In addition, the expanding roster of various Medicare Advantage plans(6) adds another layer of complexity to the market,” Rich says. “Our goal is to simplify and clarify the selection process as much as possible—which begins with a stable of trained, knowledgeable agents who can explain the available choices.”

About Ensurem:

Ensurem, headquartered in Clearwater, Florida, is a leading technology and product distribution company serving carriers and consumers within the massive U.S. senior market. The company provides end-to-end solutions for carriers, including product development, digital marketing, and consumer-centric front ends and back end. For more information, visit http://www.ensurem.com.

1.    Davidson, Paul. “Unemployment: Nearly 2M More Americans Likely Filed Jobless Claims but COVID-19 Layoffs Are Easing.” USA Today, Gannett Satellite Information Network, 8 June 2020, usatoday.com/story/money/2020/06/03/coronavirus-nearly-2-million-more-jobless-claims-expected-but-layoffs-easing/3128001001/

2.    “Chubb Vows No Layoffs During Coronavirus Crisis; Pledges $10 Million to Relief Efforts.” Insurance Journal, 22 Apr. 2020, insurancejournal.com/news/national/2020/04/06/563452.htm.

3.    “Aon Says No Job Cuts Due to Pandemic.” Business Insurance, businessinsurance.com/article/20200423/NEWS06/912334199/Aon-says-no-job-cuts-due-to-pandemic-coronavirus-COVID-19#.

4.    United States, arc.aarpinternational.org/countries/united-states.

5.    Squires, Sally. “How to Figure out Medicare and Choose the Right Plan.” The Washington Post, WP Company, 20 Oct. 2018, washingtonpost.com/national/health-science/how-to-figure-out-medicare-and-choose-the-right-plan/2018/10/19/419854da-c70e-11e8-9b1c-a90f1daae309_story.html.

6.    Jacobson, Gretchen, et al. “A Dozen Facts About Medicare Advantage.” KFF, 27 Feb. 2019, kff.org/medicare/issue-brief/a-dozen-facts-about-medicare-advantage/.

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Business: Executives

Glen Oliver’s Building Business Experience Lands Him at i-payout to Lead the Company’s 2020 Growth

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FORT LAUDERDALE, Fla. (PRWEB)

i-payout, one of the world’s leading providers of customized SaaS software for global disbursements and related payment management solutions for international companies, enhanced its business development capabilities with Glen Oliver joining the organization.

“Glen, with 25 years of business development experience and 10 years as an i-payout client, is joining i-payout as Chief Business Development Officer. I was delighted to learn that Glen sees what we see – a shortfall in the ability of global, payment solutions providers to customize their solutions to the individual needs of clients. i-payout is purpose-built for customization,” said Eddie Gonzalez, Founder/C.E.O. of i-payout. “And Glen’s 10 year client history with us has led him to understand all of the features we can provide.”

Glen joins i-payout as a results-oriented executive with domestic and international experience in network marketing, business development, global sales, market setup, startup, management, and operations. That experience includes P&L responsibilities in Australia, New Zealand, Canada, Europe and Russia.

i-payout’s Flexible Funding option – which Glen found very useful when he was an i-payout client – will be on the agenda for Glen’s discussions with prospective clients. Glen looks forward to speaking about the underlying financial exposure that results from leaving funds in the hands of 3rd party processors. Flexible Funding greatly minimizes the chance that a payor’s funds could be misused or temporarily inaccessible. Also on Glen’s agenda for discussion is i-payout’s uniquely customizable platform that provides on-demand options for payment types, 1099 information reporting and unique customizations tailored to individual client needs.

i-payout supports a diverse group of verticals including – gig networks, insurance companies, eSports, royalties, marketplaces, clinical trials, direct sellers, and more.

About i-payout

i-payout is a leading financial software company that facilities global payments for its multi-national clients in over 180 countries including local currencies in more than 120 countries. Overall, system users have over 40 ways to make payments, worldwide. The Company’s suite of solutions cover regulatory compliance, fraud/data security protection, escheatment services as well as identification of year-end taxes due as required by country and regional jurisdictions.

With its headquarters in Fort Lauderdale, Florida i-payout, now in its 14th year of operation, is recognized for its adaptable software platform. It enables the Company to fully customize payment solutions to the specific needs of each client and adapt its processes to solve problems unique to each client.

The Company was founded in 2007 by Edwin Gonzalez, President & C.E.O. Mr. Gonzalez has held leadership roles within the financial software industry for over 20 years. At i-payout, he collaborates with a highly accomplished group of fintech professionals. Many of which have a decade or more experience in the fintech space.

For further information visit http://www.i-payout.com.

For inquiries write to discover@i-payout.com or call (954) 716-2240

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Business: Insurance

Top Surprising Reasons To Have Really Expensive Car Insurance Premiums

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“Getting online quotes and comparing prices is the only way to ensure that you still pay a fair amount of money on car insurance”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has released a new blog post that explains 3 surprising reasons why some people pay really expensive car insurance premiums.

There are huge discrepancies between car insurance costs, based on the risk group one person may be placed. While it makes sense to have the costs influenced by driving experience, age, driving history, and car model, some factors may be quite surprising.

For more info about this topic, check https://compare-autoinsurance.org/why-does-my-car-insurance-cost-a-fortune/


  • Bad credit score. At first glance, a person’s creditworthiness should not affect how much he or she pays for car insurance. Under the FICO credit system, a person has a poor score if the score is below 580. A person with a bad repayment history is considered high-risk for insurance companies. That person is more likely to miss payments or drop coverage mid-term. Creating car insurance lapses will negatively impact the insurability score. If possible, improve the credit score using one-time payments, keeping a low credit utilization rate and balance transfer credit cards. Always talk with an expert about this delicate matter.

  • Small or inexistent loyalty bonuses. Loyalty should be a top focus for many companies. Many companies offer really tempting incentives to their safe drivers, in order to keep them loyal. These come usually under the form of a generous discount. However, there are companies that offer really small discounts or they do not offer at all. In this case, staying with the same carrier will damage the policyholder’s budget in the long term.

  • Price optimization. This is another prime example when loyalty hurts the policyholder’s finances. Some companies practice this so-called “price optimization”. They gradually increase a policyholder’s premium upon renewal because that person is less likely to check the insurance market and switch carriers.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information and free quotes, please visit http://compare-autoinsurance.org

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