Category Archives: Business

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

Hampton Wall Named Chief Executive Officer of Trax Group


Trax Group, a leader in cloud-based transportation spend management solutions, announces that Hampton Wall has joined the company as Chief Executive Officer. Hamp has over twelve years of experience in the enterprise spend management industry, previously serving as CEO of both Proactis and Perfect Commerce. Hamp succeeds Chris Connell, who elected to step down from the role after five successful years at the company.

“Trax is one of the most exciting companies in the transportation spend management space with a transformational platform and limitless potential,” said Hamp. “I am looking forward to working with the Trax team to provide customers with the outstanding solutions, service, and support they expect.”

“The Trax board is excited to have Hamp join the company,” said Bob Morse, a member of Trax’s board of directors. “His experience and proven track record in this industry will provide for a smooth transition and continued strong leadership at the company.”

“We would like to thank Chris Connell for his tremendous contributions to the business over the past five years. As a result of the strong foundation that Chris helped build, Trax is poised for an exciting new chapter of growth,” added Trax board member, Sean White.

Hamp brings to Trax extensive global leadership experience, deep domain expertise in enterprise spend management and a proven track record of driving transformative growth. Hamp is a three-time CEO in the enterprise spend management industry, serving most recently as CEO of Proactis, a publicly traded provider of spend management and B2B eCommerce solutions to over 1,000 customers in over 100 countries. Prior to Proactis, he served as CEO of Perfect Commerce, where he led the consolidation of eight international acquisitions into a single operation and successfully orchestrated a sale of the business to Proactis.

About Trax

Trax is the global leader in transportation spend management solutions. Combining industry leading cloud-based applications with expert services, we are transforming traditional freight and parcel audit to help customers better manage and control their global transportation costs and drive enterprise wide efficiency. With a global footprint spanning North America, Latin America, Asia and Europe, we deliver data-based visibility and insights, higher savings and better control of transportation spend for shippers of all sizes. Visit us at https://traxtech.com

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Serenova Acquires Workforce Management Technology from Loxysoft


Serenova, a leading contact center-as-a-service (CCaaS) and workforce optimization (WFO) provider, today announced it acquired the technology and hired the team behind the ProScheduler platform from Loxysoft. With this new, sophisticated technology added to its portfolio, Serenova will offer customers of all sizes the ability to fully leverage their workforce investments through advanced and accurate scheduling, reducing staffing costs and improving ROI.

ProScheduler will immediately become part of Serenova’s contact center portfolio and will be integrated into the CxEngage platform in the first half of 2020. Once the integration is complete, organizations of all sizes will have access to a new approach to managing their agent workforce, one that takes advantage of a powerful, data-driven optimization engine and integrates seamlessly into existing customer experience programs.

“With this acquisition, Serenova is once again redefining the evolution of the contact center market to help our customers keep pace with evolving consumer demands,” said John Lynch, CEO of Serenova. “By providing tools that deepen the capabilities of supervisors to manage their organizations, we are expanding the meaning and scope of what a cloud contact center platform should be capable of managing.”

Serenova’s integrated solution will enable organizations to significantly improve upon their key performance indicators (KPIs) by enhancing employee engagement, efficiency and satisfaction—a critical component to the contact center’s ability to drive business growth. In fact, the most recent Forrester Wave™: Cloud Contact Centers stated that “Forrester believes that natively integrated WFO technologies—such as workforce management (WFM), quality monitoring, call recording, performance management, and text and speech analytics—provide immediate benefits and lay the groundwork for contact centers to evolve strategically.”

“We’ve long believed that the most important next step for the contact center to deliver on their promises of superior customer experiences is to provide the technology and tools that transform the contact center from both the operations and human resource perspective,” said Leslie Blanke, SVP of Product at Serenova. “After careful consideration of all the solutions in the market, ProScheduler was the obvious next step in that vision. This acquisition is another critical milestone in our promise of delivering a global, cloud-based platform to improve agent performance and, in turn, build better customer experiences.”

Workforce Optimization Portfolio

This is Serenova’s second acquisition to build out its WFO line. It first acquired TelStrat in 2017 and subsequently released its first product on that technology that is integrated into CxEngage with CxEngage Quality Management (CxQM). Already an award-winning product, CxQM unifies Quality Management (QM) with CCaaS to eliminate the challenges created by siloed solutions through a consolidated, 360-view of customer and agent interactions.

For more information on Serenova’s WFO portfolio, visit: http://www.serenova.com/products/workforce-optimization. To understand how leveraging solutions such as Quality Management can pinpoint areas for improvement and position your organization to deliver outstanding customer experiences, download the whitepaper Quality Management and Your Contact Center.

About Serenova

Serenova has transformed the customer experience. Over a decade ago, the company realized technology didn’t exist that could deliver immediate, consistent, and exceptional service. So, it created a true cloud contact center solution that could. The result is the ability to unify everything from customer engagement to quality management to analytics. This single source of truth provides global brands insights about customer information and experiences as they pivot between channels such as SMS, voice, or Facebook Messenger.

Whether it’s technology, healthcare, or retail, brands from all industries come to Serenova for its global coverage and deep integrations into the business systems used every day. Why is this important? It creates the opportunity to keep pace with customers by quickly scaling up across the enterprise or out geographically. Serenova is committed to building on an 18-year legacy leading the way in cloud-based contact center innovations. To learn more, visit http://www.serenova.com. For live updates, follow @SerenovaShine.

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Acuity Underwriting Managers Bring Additional Hail Insurance Capacity for Auto Dealerships


“Hail storms have caused catastrophic losses to auto dealers. Finally an insurance program which can reduce their out of pocket costs.”

Acuity Underwriting Managers, LLC has launched a parametric hail insurance program supporting Auto Dealers in the severe hail prone states. Acuity Underwriting Managers was founded and managed by insurance professionals with over 100 years combined experience in insurance and risk management consulting.

Richard Duer, Managing Member, designed and helped form the first pilot parametric Colorado auto dealers hail program in 2019. Richard spent over 18 months gathering data and presenting his idea to many of the largest global reinsurance/insurance companies.

While very successful in a single state, the program, due to its catastrophic nature, would require numerous insurance carriers to bring additional capacity to all the hail prone states. Five of the leading global insurance carriers have partnered with Acuity Underwriting Managers LLC to bring unlimited capacity to the auto dealer parametric hail insurance marketplace. All the insurance carriers reviewed and approved the data information verification processes and the additional ground truth brought about with onsite hail measuring devices. “The past couple years has been very fruitful with the amount of data we have compiled. We even had the hail station manufacturer and data analyzer chase hail storms to bring further credibility to our analytics,” per Richard.

It is important for dealerships to have the trust in the data used to trigger the parametric insurance. Thus the hail insurance program has arms length agreements between the hail station data gatherer, the data analyzer and algorithm company and the eventual insurance company.

The Acuity Hail program will be available through retail and wholesale insurance agents and the automobile manufacturer administered insurance programs. For more information please contact rduer@acuityum.com

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Avante Health Solutions Announces Recent Management Changes


Avante Health Solutions (“Avante”) is pleased to announce that Mr. Sterling Peloso, President of Avante Ultrasound, has assumed the operating responsibilities of Avante Patient Monitoring. This expanded role will be in addition to his current duties at Avante Ultrasound and will provide greater continuity as the Ultrasound and Patient Monitoring businesses continue to work more closely together.

This management change comes as Mr. Andy Bonin, founder of Avante Patient Monitoring (formerly Pacific Medical), has decided to step away from the day-to-day operations and move into a strategic advisory role for the overall Avante organization. This new role will allow all of the Avante companies to capitalize on Mr. Bonin’s strengths focused around product development, strategic sourcing, supplier relations, and business development.

“I am proud to have built the leading Patient Monitoring business in the industry and excited about the future as we continue to execute on Avante’s growth strategy of being the premier provider of all medical equipment solutions,” said Mr. Bonin.

Mr. Peloso added, “As Patient Monitoring, Ultrasound and the overall Avante organization continue to come together, I look forward to growing the collective businesses and providing a complete suite of products and services that is unmatched in the healthcare industry.”

Steve Inacker, President and COO of Avante, believes that the newly announced changes will not only allow Avante to capitalize on the continued strengths of both leaders, but also put the company in the best position to provide enhanced services to its combined customer base.

“I am pleased to announce these new responsibilities for Sterling as he continues to leverage his leadership capabilities, enthusiasm, and dedication to grow both Ultrasound and Patient Monitoring,” said Inacker. “In addition, I am excited that we will continue to benefit from Andy’s extensive engineering and sourcing acumen in his new role and know that these management changes will allow both Sterling and Andy to be instrumental in the future success of Avante.”

The Avante family of companies is currently comprised of:


  • Avante Ultrasound (formerly Global Medical Imaging and Ultra Solutions)
  • Avante Patient Monitoring (formerly Pacific Medical)
  • Avante Medical Surgical (formerly DRE Medical Group)
  • Avante Rental Services (formerly Integrated Rental Services)
  • Avante Oncology Services (formerly Oncology Services International)
  • Avante Diagnostic Imaging (formerly Transtate Equipment Company and Equipment Maintenance Solutions)

Avante expects additional acquisitions to further expand across these platforms.

About Avante Health Solutions

Avante Health Solutions is successfully deploying a strategy of acquiring, partnering and growing with medical, surgical, and diagnostic imaging equipment companies to become a major industry player in North America and internationally. Avante’s healthcare equipment and service business is focused on the complete lifecycle of medical, surgical, diagnostic imaging, cath/angio, MRI/CT, and oncology equipment, including sales, install, service, repair, sourcing and refurbishing. Through organic growth and targeted acquisitions, Avante provides a breadth of service and product offerings to a variety of customers located throughout North America and around the world.

By working together, the Avante companies and its respective management teams offer customers a broader range of products and services on a national basis while maintaining control at the local level. For more information, please visit: http://www.avantehs.com.

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What Are The Main Benefits Of Working With A Car Insurance Agent


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“Drivers can take advantage of the car insurance agent knowledge in order to find the best policy deal,” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Onlinequotesautoinsurance.com has launched a new blog post that explains how insurance agents can help drivers save car insurance money.

For more info and free car insurance quotes online, visit https://onlinequotesautoinsurance.com/why-use-car-insurance-agents/

Many people still rely on car insurance agents to help them to obtain the right car insurance coverage. It’s important for drivers to know the role of insurance agents and see if the services they provide are necessary or valuable for them.

The most important services offered by car insurance agents are:


  • Present local regulation. Policyholders that buy coverage directly are responsible to verify if the policy they bought meets the minimum legal requirements of the state they live. Drivers that choose to work with insurance agents won’t have to worry to check if their insurance meets the legal requirements. Most insurance agents will present to their customers the minimum legal requirements for insurance.
  • Present multiple insurance options. Resourceful insurance agents are capable to offer their customers options and choices that they weren’t previously aware of. Insurance agents have knowledge of providers that customers might not be aware of. Those insurance providers can offer better policy deals.
  • Find special insurance policies. High-risk drivers and those who need to carry an SR-22 form will find out that it is easier to work with an insurance agent. Also, drivers that use their vehicles for both personal use and business purposes need specialized assistance in order to obtain the proper coverage.

For additional info, money-saving tips and free car insurance quotes, visit https://onlinequotesautoinsurance.com/

Onlinequotesautoinsurance.com 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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Curriki Names Keith Kostrzewski as CEO, Succeeding Chairman & Co-Founder Kim Jones


Keith Kostrzewski, Curriki CEO

Keith Kostrzewski, Curriki CEO

“Keith is an ideal fit for CEO. His lifelong passion for and commitment to education technology will help us continue to build an exciting future for Curriki.” — Scott McNealy, co-founder of Sun Microsystems and Curriki

Curriki, the CODiE-award winning provider of free online education resources, is pleased to announce that Keith Kostrzewski has been named its new CEO, effective immediately. Kostrzewski succeeds Kim Jones, Curriki Co-founder, who will retain her role as Chairman of the Board. Kostrzewski will assume day-to-day leadership of the Organization, and will also join Curriki’s Board of Directors.

“I am delighted to introduce Keith Kostrzewski as Curriki’s new CEO,” said Kim Jones. “After an in-depth search, our Board unanimously named Keith to continue our efforts to deliver the critical content, tools and services that educators world-wide have come to rely on to meet their needs. Keith has the experience, the passion, and the leadership skills to continue to build on our successes into the future.”

Keith Kostrzewski has nearly 20 years’ experience in Education Technology. Most recently, Keith was the Head of Sales for LEGO Education North America. Prior to LEGO, he held leadership positions with Discovery Education, Pearson, and SchoolNet, as well as consulting with several early-stage EdTech firms.

Scott McNealy, co-founder of Sun Microsystems and Curriki added, “Keith is an ideal fit for CEO. His lifelong passion for and commitment to education technology will help us continue to build an exciting future for Curriki.”

“Learning environments and the content of the future will be much more student-oriented, with dynamic, flexible, and relevant experiences,” said Keith Kostrzewski. “The team has developed a vision and plan to develop innovative solutions for 21st-century learners and industry stakeholders. I’m thrilled to build upon this work and bring collaborative solutions to the K-12 ecosystem of learners, teachers, funders, and partners.”

About Curriki

Curriki, a nonprofit organization, is an internationally renowned, award-winning, global online K-12 community of experts, educators, parents, and learners that collaborates to create and use quality educational materials. With more than 700,000 members, Curriki has reached over 15 million users worldwide. Join today and be part of our future at http://www.curriki.org.

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Insurance Brokers Explain Why 6 Months Long Car Insurance Policies Are Preffered By Car Insurance Companies


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“For insurance companies, 6 months long policies will help them become profitable by adjusting the policies parameters faster,” said Russell Rabichev, Marketing Director of Internet Marketing Company.

Onlinequotesautoinsurance.com has launched a new blog post that explains the reasons for insurers for preferring the 6 months long car insurance policies.

For more info and free car insurance quotes online, visit https://onlinequotesautoinsurance.com/6-months-long-policies-preferred/

Drivers can choose to pay their insurance premiums monthly, every 3 months, every 6 months, or annually. Insurance companies seem to prefer 6-months long policies.

Some insurance companies offer only 6-months long policies. For drivers, it’s in their best interest to purchase a year-long policy. 12-months long policies will help drivers lock in a cheaper car insurance premium for a longer period. The insurance rates are constantly rising, so it’s better for drivers to lock on a cheaper policy for a longer period of time, than having to pay for increased rates every 6 months.

Insurance companies offer 6-months polices for two main reasons. Both of these reasons are related to money. Insurance companies set rates, and will try to sell as many policies as possible, and then will wait for a period of several years to collect financial data and see if they are profitable. If insurers charge too little on their policies, they will become unprofitable. If they charge too much, they will sell fewer policies.

For insurance companies that sell only 6 months long policies, it’s easier to change the insurance rates if they realize they charge too little on their policies. They don’t have to wait for a whole year to change the rates of the policyholders. They can do that every 6 months.

Also, insurers will customize the policies easier. Insurers will find out faster about the negative factors that influence the insurance premiums of a policyholder and will increase his rates immediately.

For additional info, money-saving tips and free car insurance quotes, visit https://onlinequotesautoinsurance.com/

Onlinequotesautoinsurance.com 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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Patrick Kidd Appointed as Chief Operating Officer of The Service Companies


Patrick Kidd joins The Service Companies as Chief Operating Officer, bringing 30 years of corporate real estate service experience to the nation’s premier provider of managed, hospitality staffing, specialty, and engineering services to the gaming, hospitality and facility services industries.

The Service Companies, Inc. (“The Service Companies”) announced the appointment of Patrick Kidd as Chief Operating Officer. With over 30 years of corporate real estate service experience, Mr. Kidd will lead the business operations for The Service Companies’ four business divisions – Managed Services, Hospitality Services, Specialty Services and Engineering Services.

Prior to joining The Service Companies, Mr. Kidd spent three years at CBRE as Senior Managing Director – Global Change Management & Client Transitions and Global Alliance Director – Manufacturing Client, and was a member of the Global Workplace Solutions Executive Committee. Mr. Kidd also spent eleven years at Jones Lang LaSalle, Inc. and eighteen years at Ford Motor Land Development Corporation in senior leadership real estate and property services roles. Mr. Kidd began his career in the United States Navy, where he served for six years in the US Navy’s nuclear submarine program.

“I am excited for Pat to be joining our team as Chief Operating Officer,” said Mike Latham, Chairman & CEO of The Service Companies. “With his specialized experience in the development and implementation of strategies to drive value and optimize operational performance for internal teams and external clients, Pat is a critical addition to our team as we accelerate growth as part of our strategic vision.”

“I am honored to join The Service Companies and be part of an extraordinary team focused on providing superior service to our clients,” stated Mr. Kidd. “I look forward to helping lead a company with such great momentum as we continue to build on our capabilities and deliver on our business strategies.”

Mr. Kidd received his Bachelor of Business Administration degree from the University of Michigan with concentrations in finance and accounting. He also completed Master of Business Administration courses at Wayne State University with a concentration in International Business, including attendance at the American International University in London, England.

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NFP Wins Six Platinum and Six Gold MarCom Awards, Continuing Leadership in Creative Excellence


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“We continue to raise the bar for brand strategy, identity and cross-channel storytelling,” said Eric Boester, Chief Marketing Officer at NFP.

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, is pleased to announce it has won a total of 12 MarCom Awards and eight honorable mentions for creative excellence in marketing and communications programming in 2019.

Since first honoring excellence in marketing and communication in 2004, the MarCom Awards have evolved into one of the largest creative competitions internationally with almost 6,000 print and digital entries submitted each year. The awards are a testament to NFP’s bold, progressive and imaginative approach to elevating its brand marketing to the next level. Data-driven, personalized, and multi-channel marketing campaigns have played a significant role in supporting NFP’s swift growth, business diversification and scale across domestic and international markets. MarCom is administered by the Association of Marketing and Communication Professionals (AMCP).

“We continue to raise the bar for brand strategy, identity and cross-channel storytelling,” said Eric Boester, Chief Marketing Officer at NFP. “With our company philosophy, ‘It’s Personal,’ informing our efforts, the team consistently delivers work that drives positive outcomes. We are honored and thrilled to receive the recognition from our peers and are more motivated than ever to continually evolve the NFP brand.”

Award Wins

NFP brought home four golds and one platinum award in the Digital Media category:

  • The Book of Truthiness
  • The Power of One Video
  • PartnersFinancial 2021 Invite Video
  • SXSW Social Campaign
  • 2019 Benefits Insights Trend Report (platinum)

In the category of Strategic Communications, NFP earned two platinum awards:

  • Insights from the Experts Series
  • Executive Benefits Internal Awareness Campaign

NFP won two platinum awards in the Video/Audio category:

  • Innovation Video
  • International Video

NFP also won two golds and one platinum award in the Print Media category:

  • Corporate Synergies Postcard Campaign
  • FIRE Whitepaper and Infographic
  • Now or Never Whitepaper (platinum)

To view the winning entrants in each category and for the full list of NFP’s honorable mentions, please visit: https://enter.marcomawards.com/winners/

About NFP

NFP is a leading insurance broker and consultant providing customized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,400 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 6th largest US-based privately owned broker, 5th largest benefits broker by global revenue and 7th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

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

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Neverfail Welcomes Jason White as New Chief Strategy Officer


Jason White, CSO – Neverfail

Neverfail has built our success as a result of innovative solutions, unwavering commitment to client service, and extremely talented people. It’s an exciting time for us as we launch our new Continuous IT Controls and Agile Audit Management service and platform.

Neverfail announces new executive hire Jason White as the company’s Chief Strategy Officer. In his role, White will be responsible for architecting and communicating the company’s Continuous IT Controls + Agile Audit Management value proposition, and go-to-market strategy.

White brings a wealth of strategic and executive level success from his 19-years with Planview, the global leader in Enterprise Work and Resource Management. At Planview, White held many leadership and executive level positions with the most recent having served as Senior Vice President of Global Solution Consulting. In that role, White led the team responsible for painting the vision for how Planview solutions deliver enterprise-wide value for the most complex organizations in the world.

“Neverfail has built our success as a result of innovative solutions, unwavering commitment to client service, and extremely talented people. It’s an exciting time for us as we launch our new Continuous IT Controls and Agile Audit Management service and platform, and I’m thrilled to have Jason on our leadership team,” stated Neverfail CEO Brian Hierholzer.

“I know from first-hand experience, how significant and costly the compliance burden was for us as Planview shifted from a traditional on-premise software company to a multi-product SaaS provider. Participating in SOC 2 and other IT audit frameworks is a process that disrupts organizational velocity for months at a time. It is clear that this challenge needs to be addressed,” said White.

About Neverfail

Neverfail delivers Continuous IT Controls + Agile Audit Management and High Availability solutions to some of the most highly recognizable brands in the world. With a history of providing highly compliant, mission-critical services to organizations burdened by SOC 2, NIST, GDPR, and FedRamp requirements, more than 4,000 customers in over 60 countries trust Neverfail to automate continual compliance and continuity without the worry, time, or cost of traditional methods. Founded in 2007, Neverfail is headquartered in Austin, Texas with offices in Scotland, England, and Romania.

To learn more, visit http://www.neverfail.com.

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