Category Archives: Business

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

Poms & Associates Adds Trucking and Transportation Industry Veterans to Its Team of Commercial Insurance Producers


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Poms & Associates, an independent, full-service commercial insurance brokerage and risk management firm, today announced the additions of Ed Fontelieu and Jason Toland to their commercial insurance production team. In their roles, Fontelieu and Toland will work closely with Poms & Associates clients to deliver customized strategic risk management solutions that control and minimize risk exposure and develop relationships with prospective new clients.

“We’re excited to have Ed and Jason join the Poms & Associates team,” said David Poms, founder and president of Poms & Associates. “As COVID-19 has reshaped the commercial transportation industry – with impacts to health and safety, operations and regulations – Ed’s and Jason’s experiences in the trucking and transportation industries expand our breadth of expertise at a key time when businesses are facing new and unprecedented challenges. Their expertise will be invaluable as we continue to help supply chain companies reduce their risk, loss and cost.”

With nearly two decades of industry experience, Fontelieu joins Poms & Associates from Arroyo Insurance Services where he worked as a transportation practice leader, since 2017. Based in Fresno, Calif., he is a subject matter expert in enterprise risk management in trucking, workers compensation and commercial auto, motor cargo and fleet safety. He held previous positions in account and client relationship management at The Doctors Company, EZ Center Insurance Services, Occidental Insurance, TIAA-CREF and Kelly-Lowry Insurance.

With 15 years of industry experience, Toland joins Poms & Associates from Alliant Insurance Services, where he served as a marketing specialist. A member of the California Trucking Association, he held previous leadership positions in marketing, account management and sales at Aon, HUB International and Apple. Toland is based in the greater Reno, N.V. area. and volunteers at the Boys and Girls Club of America.

Poms & Associates was named a 2020 Company of the Year by Business Intelligence Group’s BIG Awards for Business for its COVID-19 response that is helping businesses reduce or limit risk exposures and decrease insurance premium costs during the pandemic. The company also was awarded a silver 2020 International Stevie Award for “Most Valuable Corporate Response to COVID-19” for its ongoing series of 25+ free educational webinars on business insurance, risk management and loss prevention topics. Poms & Associates was also named a Top Insurance Workplace for 2020 by Insurance Business America. For more information about Poms & Associates, visit https://pomsassoc.com/.

About Poms & Associates

Poms & Associates is a leading independent, full-service commercial insurance brokerage and risk management firm with a proven track record of providing innovative and customized solutions to businesses in high-risk industries. Founded in 1991, the company was built on the premise that knowledge is the best insurance – that is, the best way to help businesses and organizations is to serve not only as an insurance broker but also as an educator about best practices in how to reduce risk and prevent loss before an incident occurs. Poms & Associates today offers a wide range of products and services, including property and casualty insurance for commercial organizations and public entities, risk control, human resources and employee benefits and private services for high net-worth individuals. Among the top 50 independent brokerage firms in the U.S., Poms & Associates is headquartered in Woodland Hills, Calf. It maintains branch offices in Los Angeles, Sacramento, Calif., the San Francisco Bay Area, Albuquerque, N.M. and Dayton, Ohio. For more information, visit https://pomsassoc.com/.

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Newly Formed ALKEME Insurance Brings Together a Group of Seasoned Brokerages Focused on P&C, Benefits, Surety, Risk & Wealth Management to Create a Nationwide Platform


“We’ve created a company based on the simple idea of allowing our agency partners to benefit from scale while maintaining their freedom and identity to confidently grow their business, streamline their operations, enhance their profitability, and create long-term wealth.”

ALKEME Holdings, LLC (“ALKEME”) announced the creation of a national retail insurance platform sponsored by equity investor GCP Capital Partners. ALKEME has developed a transformative model which connects agency partners with innovative solutions to accelerate growth. ALKEME’s agency partners maximize growth by focusing on sales, support and client service while leveraging the fully integrated technology and operations platform.

Founded by a select group of agency partners who share a long history of collaboration and innovation, ALKEME is led by CEO Curtis Barton, a 23-year insurance industry veteran. ALKEME partners with ambitious entrepreneurs with established businesses looking to accelerate their growth through automation and collaboration. ALKEME is a top-100 U.S. privately held insurance agency.

“We have recognized for years that our industry is shifting due to rapid changes in the marketplace, and we saw an opportunity to create a new, fresh, and innovative company. Our goal is to build a culture that emphasizes technology, facilitates collaboration, and accelerates growth.” said Curtis Barton, Founder and CEO of ALKEME. “We’ve created a company based on the simple idea of allowing our agency partners to benefit from scale while maintaining their freedom and identity to confidently grow their business, streamline their operations, enhance their profitability, and create long-term wealth.”

Boris Gutin, Managing Director at GCP Capital Partners, said, “We have made a large number of investments in the insurance industry over the years and have known the ALKEME team for over five years. We have watched ALKEME steadily gain market share, particularly on the West Coast, through organic growth and as additional agencies joined its network. We believe ALKEME, with management’s long history as owner/operators, offers a more attractive operating model for other agency owners. We look forward to supporting the ALKEME team as they significantly grow the business.”    

In addition to Curtis Barton, ALKEME has built a leadership team which includes Anton Rosandic, Chief Operating Officer, Steve Mathews, Chief Financial officer, Jinger Liner, Human Resources Director, and Jen Titus, Director of Agency Support.

About GCP Capital Partners

GCP Capital Partners, LLC (“GCP”) is a middle market private equity investment firm with $1.8 billion in committed capital since its formation. GCP has completed over 60 transactions since its inception in 2000. GCP has been an active investor in the software, insurance and technology industries, having invested over $600 million in these sectors. GCP’s prior insurance investments include Acrisure, ClearView Risk, Ironshore and Republic Insurance. GCP’s principals have over 100 years of combined private equity experience and have substantial personal capital invested in the funds. For more information about GCP Capital Partners, please visit http://www.gcpcapital.com.

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Atascadero auto insurance agent offers insurance options for bicycle riders


auto insurance Atascadero

As cycling gains in popularity, the need for safety programs and insurance rises.

Atascadero State Farm Insurance Agent, John Donovan, recently announced insurance solutions to help cyclists be safe and protected. “Mobility insurance is consideration for cyclists,” said Donovan. “Mobility insurance from State Farm Insurance covers the insured as a pedestrian, passenger, or driver of a vehicle you don’t own, and when riding a bike.”

In December 2020 Statista.com reported that the total number of bicycle riders in the United States has grown to more than 47 million and over 39 million are sharing paved roads with motor vehicles. As cycling gains in popularity, the need for safety programs and insurance rises. People’s reasons for riding a bicycle range from children just having fun, to recreational riders, competitive athletes and those whose primary mode of transportation is their bicycle. Regardless of an individual’s reasons, riding a bicycle is healthy exercise and contributes to reducing carbon footprints. More and more cities and counties across the nation are installing dedicated bicycle paths and implementing bicycle safety programs for all ages. Unfortunately, the more cyclists on the streets, roads, and back-country trails, the greater the risk for someone being injured.

Homeowner’s or renter’s insurance probably covers a stolen bike. If a cyclist is struck by a vehicle the injuries and property loss are most likely covered by the driver’s auto insurance. Atascadero’s John Donovan, said mobility insurance is an additional solution for incidents involving cyclist to cyclist, or cyclist to pedestrian accidents.

Accidents happen, even when riding a bicycle under the safest conditions. Someone can step into an intersection right in front of an oncoming cyclist, causing injuries to both parties. A cyclist riding in a group can unexpectedly fall and other cyclists are injured. A lone cyclist, out for a pleasurable weekend ride can accidentally hit a rough spot in the road and be injured in the fall. Personal medical insurance might cover the personal injuries depending on the deductible, but what about the liability of injuring another person? Will homeowner’s or renter’s insurance cover an accident that doesn’t happen on the insured property?

California residents can be covered for ridesharing, carsharing, bike sharing, car rentals and public transportation. Mobility insurance can be particularly valuable for those who don’t own a vehicle and use other forms of transportation, including walking to and from work and errands. Mobility insurance costs less than additional car rental coverage. Even more savings are available when the policy is combined with an existing State Farm homeowner’s or renter’s policy.

State Farm takes bicycle safety seriously, offering programs and safety tips to help cyclists of all ages. Donovan encourages everyone to check out the report, “A Right to the Road: Understanding & Addressing Bicyclist Safety.” This report, published by the Governors Highway Safety Council was made possible by a grant from State Farm Insurance.

The John Donovan State Farm Insurance Agency is a local Atascadero business, providing auto insurance, homeowner and renter insurance and a full range of State Farm insurance and services. The agents are pledged to work closely with clients to ensure the highest levels of service.

John Donovan State Farm Insurance Agent

8420 El Camino Real, Suite A

Atascadero, CA 93422-5319

(805) 466-7744

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Pacific Life Deploys Life.io to Transform Digital Customer Experience


Pacific Life, a leading financial services company, has partnered with Life.io, a subsidiary of SE2, to deliver an end-to-end customer origination, engagement and service experience. Pacific Life selected Life.io because of the strength of its digital solution suite and its ability to integrate with multiple existing third party systems.

“Life.io’s intuitive and user-centric origination and engagement capabilities are a great complement to our focus on meeting the changing expectations of digital-savvy customers and advisors,” said Joseph Kordovi, assistant vice president of innovations at Pacific Life.

“We are delighted to partner with Pacific Life on this exciting initiative. I love how they’re pushing the industry forward with personalized products designed for the real-life consumer,” said Jon Cooper, Co-Founder and CEO of Life.io. “In partnership with Life.io, Pacific Life is empowering distribution partners with state-of-the-art technology and a great user experience.”

Armed with Life.io’s full enterprise suite of digital capabilities on the frontend Life.ioGrow, Life.ioEngage, Life.ioEmpower; and SE2 Aurum® ecosystem on the backend, Pacific Life will provide distribution partners a personalized and data-rich experience that makes insurance easy to understand and buy, and engaging to own. Life.io and SE2’s end-to-end digital ecosystem is helping insurers transform to a digital operating model and easily evolve with these rapidly changing times.

With Life.ioGrow distribution partners can run a quote and need analysis, start an application and instantly share it with a prospect. Additionally, in real-time, distribution partners can view prospect and policy owner data and send emails, all from a single screen. Grow supports direct-to-consumer as well as advisor distribution channels.

In addition, Life.ioEmpower, powered by SE2 Aurum®, offers policyholders an easy self-service portal to view and service their policy. With Life.ioInsights, carriers have access to a robust data and analytics dashboard that can uncover trends, identify best practices, and optimize conversion.

About Life.io

Life.io is a leading customer engagement technology firm that helps companies accelerate the development of their end-to-end digital client experience with the Life.io solution suite. Our state-of-the-art digital suite integrates powerful engagement across the client lifecycle to reduce friction, convert sales, and optimize results. A pioneering insurtech for over five years, Life.io is led by its original co-founders and headquartered in Princeton, NJ. Life.io is a subsidiary of SE2, an Eldridge business. To learn more, please visit https://life.io

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Adjusteck Continues Its Strategic Expansion With Additional Hires in UK and US


XPANSION UPDATE Stephen Cliff Joins Adjusteck UK Senior Executive General Adjuster Adjusteck

Following a strong start in 2020, our expansion plans will continue through the year to include new hires with the talent and entrepreneurial skills necessary to enhance our capabilities across multiple classes of business, to include major loss and corporate/captive led programs.

Adjusteck LLC, a loss adjusting and claims management business dedicated to helping insurers manage loss worldwide, announces the addition of Stephen Cliff as a Senior Executive General Adjuster in the UK. The company has also strengthened its US operations with several key hires.

Alongside Managing Director, David Bosley, and Senior Executive General Adjuster, Peter Spiers, Stephen Cliff will focus on managing technical and complex claims for UK and international clients, supported by Adjusteck’s fast growing partner network located across all seven continents.

Stephen has 30 years of background in UK and international loss adjusting and specializes in commercial property, renewable energy, as well as major catastrophe event management particularly, since 1995, in the Caribbean and New Zealand.

Adjusteck also announces it is now fully operational in the United States with two new offices along the Eastern seaboard, adding to other locations in major cities. Further details about the company’s expansion plans throughout the USA will follow.

David Bosley, managing director of Adjusteck, comments, ‘’Following a strong start in 2020, our expansion plans will continue through the year to include new hires with the talent and entrepreneurial skills necessary to enhance our capabilities across multiple classes of business, to include major loss and corporate/captive led programs.”

Adjusteck is a technology-oriented loss adjusting and claims management firm, serving the global insurance and reinsurance markets with services backed by industry experts. Alongside deep subject-matter expertise, Adjusteck applies cutting-edge technology solutions, including geospatial and aerial surveys, virtual claims handling, and advanced claims management software to resolve claims with greater efficiency.

The company’s services include remote and field-based claims review and oversight in casualty, construction, energy, engineering, cyber, financial, natural resources, property, and specie.

To learn more about Adjusteck, visit http://www.adjusteck.com.

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What Are Car Insurance Gaps And Why Drivers Should Avoid Them


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“Having car insurance lapses will complicate a future underwriting process and make premiums more expensive. Always pay the premiums on time and if they seem too expensive, use online quotes and find cheaper offers”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has released a new blog post that explains why drivers should avoid car insurance lapses.

For more info and free car insurance quotes online, visit http://compare-autoinsurance.org/why-you-should-avoid-car-insurance-gaps/

Drivers are required to carry insurance permanently. A period of time when the driver does not have coverage is called a gap or a lapse. Having a history of coverage lapses will make the next underwriting process more difficult and premiums costlier. Find out more and get free car insurance quotes from http://compare-autoinsurance.org.

  • Causing an accident while uninsured will have multiple legal consequences. Being uninsured while driving and causing an accident is a severely punished felony. Without coverage, the at-fault driver will have to financially compensate the victims from his own finances. The repair cost and the medical bills can reach several tens of thousands of dollars.
  • Avoid fines and legal penalties. Drivers caught driving during a gap period will receive hefty fines. Furthermore, they will receive license points. All of these combined will make future premiums extremely expensive. The driver will have both a history of lapses and traffic violations.
  • Avoid being classified as a high-risk driver. Companies ask about past coverage when assessing a person’s insurability profile. Persons with recent coverage lapses are automatically considered high-risk and asked to pay more. Keep in mind that insurance companies may ask the previous insurer about a former client’s payment history. Furthermore, a company may decide to cancel the policy after several missed payments.

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, please visit http://compare-autoinsurance.org

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Geospatial Insurtech HazardHub Announces Record-Setting 2020 Financial Results


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“The insurance industry is notoriously cautious in making successes of startups – our continued growth and acceptance is yet another sign that the industry is finding great value by doing business with HazardHub.” – John Siegman, CCA, HazardHub

HazardHub, provider of the industry-leading HazardHub API, today announced record company growth in 2020. In a year when Insurtech solutions became a necessity for businesses around the world, this profitable company reinforced its growth position in the market through a number of new customer wins and increased customer traction with both carriers and partners. HazardHub completed more than 10,000,000 external API calls, resulting in revenue growth of 60% over the prior year – its 4th consecutive year of high double-digit growth.

Bob Frady, CEO of HazardHub said that, “2020 was certainly a shock to the Insurtech world, as many of our fellow Insurtechs either struggled to meet their revenue goals or ran out of runway and were absorbed into a larger, more financially stable company. HazardHub’s laser-focus on providing incredibly rich and powerful data at costs far below our competition – combined with a process that gets companies on-board in hours rather than months – has allowed us to thrive. Better yet, we are well-positioned to continue our rapid growth through 2021 and beyond.”

Additional key company milestones include:


  • 2020 Gartner “Cool Company”
  • 2020 Lloyd’s Lab Incubator Cohort 5 participant
  • 2020 Creative Destruction Lab-Risk participant
  • 2020 Top Insurtech CEO from Technology Innovators Magazine
  • 2020 Residential Hazard Data Company of the Year from Build Magazine
  • Added over 1 million new Fire Hydrant locations to our HydrantHub database
  • Launched “Property Fire Score” local fire risk assessment model – filed in 42 states
  • Introduced industry-first catastrophic Flood model
  • More than 10,000,000 external API calls

John Siegman, CCA of HazardHub added, “For everyone, in almost every way, 2020 was a challenge. I’m exceptionally proud of our team’s ability to meet those challenges and to continue to create new and exciting products for our marketplace. The insurance industry is notoriously cautious in making successes of startups – our continued growth and acceptance is yet another sign that the industry is finding great value by doing business with HazardHub. What’s even more exciting is that we’ve got plenty of cool new products and services that will be rolling out in Q1 and Q2 to accelerate our trajectory.”

About HazardHub

HazardHub is your insurance policy against property risk.

Air. Fire. Water. Earth. Man-Made. HazardHub is the only third-generation provider of property-level hazard risk databases spanning the most dangerous perils in the United States. HazardHub translates huge amounts of geospatial digital data into easy to understand answers, providing easy to comprehend risk scorecards that are used to make real-world decisions. Our team of scientists provides comprehensive, and innovative, national coverage for risks that destroy and damage property. With more than 100,000,000,000 data points, HazardHub is fast becoming the industry’s go-to vendor for property and risk data.

To learn more about HazardHub please visit http://www.hazardhub.com or reach us directly at support@hazardhub.com.

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Insurtech Briza lands industry star James C. Riviezzo as Head of Business Development


With this hire, Briza continues its commitment to bringing star talent from both the insurance and technology industries in order to enable the digital evolution of commercial insurance.

Briza, the creator of an insurance-as-a-service Application Programming Interface (API) connecting insurance agencies with carrier underwriting systems, announces the expansion of its leadership and further commitment to new partner acquisition via the newly created Head of Business Development role.

Briza is pleased to announce today that James C. Riviezzo joined the company as Head of Business Development, and will focus his efforts on expanding relationships with insurance carriers, MGAs and brokerage partners seeking to develop digital distribution solutions for commercial insurance. James will report directly to CEO Ben Munro, and will be based in New York, NY.

Munro had the following to say: “With this hire, Briza continues its commitment to bringing star talent from both the insurance and technology industries in order to enable the digital evolution of commercial insurance. We look forward to having James on the team.”

James brings over 20 years of financial services sales leadership experience to Briza. Prior to joining Briza, Mr. Riviezzo spent over six years at American International Group (AIG) as Director of the firm’s US Client Engagement Practice, responsible for creating strategic solutions for the firm’s largest and most complex clients and brokers – and executing an outcome of improved customer experience, greater institutional engagement, and targeted growth opportunities. Prior to AIG, James led marketing, sales, and client relations for the Northeast region of the United States for Safety National Casualty Corporation, and began his insurance career as a broker with Marsh, USA.

James attended the University of Miami and received his BA in Economics from Merrimack College, and a Performance Leadership Certification from Cornell University. James resides in New York City, where he is actively involved with several civic, nonprofit and charitable groups, including serving as a Board Governor for The John Street Insurance Association, City Harvest, Monday Night Hospitality, and the Corporate Volunteers of New York.

“I am excited to join the team at Briza, and thrilled to become part of the future of digital distribution in the property and casualty insurance industry. Briza has amassed an incredible pool of talent from around the world to construct the tools allowing for better collaboration between insurance carriers, brokers and agents. Together with my colleagues, I am eager to focus on expanding the size and breadth of our product partnerships, and unleashing the potential of APIs to radically improve the customer buying experience,” shared James C. Riviezzo.

About Briza

Briza’s proprietary API allows commercial insurance agents and brokers to quote, bind, and issue policies online. Briza was founded in 2016, and is led by CEO Ben Munro, CTO Rishi Sharma, and COO Dominic Bortolussi. Briza has distribution agreements with leading insurers such as CNA, Liberty Mutual, Berkshire Hathaway Guard, Markel, EMPLOYERS, Crum & Forster, and tech-enabled providers like Coalition. Institutional investors include 500 Startups and Investment Group of Santa Barbara. Other investors include co-founder and board chair Mike McDerment (CEO and co-founder of Freshbooks), Briza co-founder and CEO Ben Munro, and notable angels such as Sid Sankaran, CEO of SiriusPoint Ltd., Alon Neches, former Treasurer of AIG, Sharon Ludlow, former CEO of Swiss Re Canada, and Louis Beryl, founder and CEO of Rocketplace.

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PCF Insurance Services and Horizon Insurance Agency Complete Strategic Partnership


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“We have created a great partnership with PCF that will empower our team to grow beyond the level of expectation that was previously set,” said Lori Augustyniak, owner of Horizon Insurance.

PCF Insurance Services (PCF) is announcing a partnership with Horizon Insurance (Horizon) located in the west Florida region with locations in Bradenton and Port Charlotte. PCF’s investment will provide Horizon Insurance with added infrastructure to promote growth and increased attention on customers relationships. This partnership creates a strategic industry and community tie for PCF to the west Florida region through Horizon founder Lori Augustyniak.

Horizon Insurance owner, Lori Augustyniak, will continue to lead all operations of Horizon Insurance while also becoming an owner and partner at PCF. Horizon Insurance will continue to operate under its brand with best-in-class insurance offerings and customer service.

“We are proud to welcome Lori Augustyniak and her team at Horizon Insurance,” said Peter Foy, chairman, CEO, and founder of PCF Insurance Services. “We anticipate meaningful growth from Lori and the Horizon Insurance team.”

Horizon Insurance will continue as a proud member of the local and regional business community, including writing business with each of its existing carriers and providing the personal touch that each its customers have come to know and trust. Augustyniak is recognized as an innovative entrepreneur who is achieving incredible success building Horizon Insurance into one of the largest and most successful insurance brokerages in the West Florida region.

Augustyniak is an active member of the Florida community and serves on the board for the Professional Insurance Agents of Florida. She has also been featured in several community and business publications including a nomination in 2019 and 2020 by the Tampa Bay Business Journal as Business Woman of the Year. In addition, Augustyniak is focused on giving back to the community that support Horizon Insurance through philanthropic efforts including participation as a member of the Sisterhood for Good and in the Safeco Liberty Mutual Independent Agent Giving initiatives. Augustyniak also makes donations to eight local charities through the Horizon Insurance Pay it Forward Program.

“We have created a great partnership with PCF that will empower our team to grow beyond the level of expectation that was previously set,” said Lori Augustyniak, owner of Horizon Insurance. “We look forward to leveraging the excellent resources of PCF for our clients as we continue to provide premier services.”

Through PCF’s partnership program, Horizon will have access to the diverse and exclusive products available only to PCF partners, as well as the support of industry-leading sales and marketing systems. Horizon will also be able to streamline its business functions by utilizing PCF’s extensive infrastructure in its Salt Lake City based Shared Services Center and accessing its platform of resources and services, including human resources, IT, compliance, communication, marketing, lead generation, and operational areas of support.

About PCF

Founded in 1987 and headquartered in Woodland Hills, CA, PCF is a full-service insurance brokerage firm which provides complete risk management solutions with a broad array of property & casualty, life and health, employee benefits and workers’ compensation insurance products. Due to its scale and growth, PCF is a top 50 broker in the United States by revenue. Additional information can be found at http://www.pcfinsuranceservices.com.

About Horizon Insurance

Founded in 2004 by Lori Augustyniak, Horizon Insurance specializes in personal lines property and casualty insurance. Horizon is located in west Florida with locations in Bradenton and Port Charlotte. Additional information can be found at http://www.horizonins.net

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