HAI Group President and Chief Executive Officer Ed Malaspina

2019 has been a year of focusing on our core principles. We continued to be diligent in our underwriting discipline, were thoughtful in our spending, and strengthened our practices in key areas such as claims and enterprise risk management.

CHESHIRE, Conn. (PRWEB)
November 14, 2019

HAI Group, the nation’s leading member-owned property-casualty insurance company for the affordable housing industry, is proud to announce that AM Best Company has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and Long-Term ICR of “a.”

The group rating for HAI Group includes Housing Authority Risk Retention Group, Inc. (HARRG); Housing Authority Property Insurance, A Mutual Company (HAPI); Housing Enterprise Insurance Company, Inc. (HEIC); and Housing Specialty Insurance Company, Inc. (HSIC).

“The ratings reflect HAI Group’s balance sheet strength, which AM Best categorizes as strongest, as well as its marginal operating performance, favorable business profile, and appropriate enterprise risk management (ERM),” wrote AM Best Company in a press release announcing the revision. “The revision in the Long-Term ICR outlook to positive is based on HAI Group’s improved operating performance in recent years, driven primarily by favorable loss experience and deliberate expense management, which has led to a return to profitability and surplus growth. The favorable earnings trend is attributed mainly to strong senior leadership, improved underwriting, stricter underwriting and claims handling, stringent risk management practices, and favorable reserve development. In addition, HAI Group’s pre-tax return measures exceed the industry.”

“2019 has been a year of focusing on our core principles,” said HAI Group President and Chief Executive Officer Ed Malaspina. “We continued to be diligent in our underwriting discipline, were thoughtful in our spending, and strengthened our practices in key areas such as claims and enterprise risk management. The hard work and dedication from each of our employees has paid off and is reflective not only in the revision of our rating from AM Best, but more importantly in our service to our membership. We will remain committed to quality work and exceptional performance.”

To read the full press release distributed by AM Best Company, please visit http://www.ambest.com.

About HAI Group

HAI Group® is the marketing name for a family of companies founded by and dedicated to housing, headquartered in Cheshire, Connecticut. While we are recognized as a pioneer of public and affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with a wide array of products that support the challenges housing organizations face, offering insurance, strategic capital, research, advocacy, and training to meet the needs of over 1,500 housing organizations and more than 12,000 housing professionals across the nation. For more information, visit http://www.housingcenter.com.

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“The addition of Cindy and Michael to the team showcases our commitment to collaborate with our customers to ensure their enterprise security environments are world-class,” said Mark Logan, CEO of LogRhythm.

BOULDER, Colo. (PRWEB)
November 14, 2019

LogRhythm, the company powering the world’s most modern enterprise security operations centers (SOCs), today announced the hiring of two key executives, Cindy Zhou as the company’s chief marketing officer and Michael Jones as vice president of product.

“The addition of Cindy and Michael to the team showcases our commitment to collaborate with our customers to ensure their enterprise security environments are world-class,” said Mark Logan, CEO of LogRhythm. “Both have successful track records leading customer-centric marketing and product strategies, and I am excited for them to join the LogRhythm team.”

Cindy Zhou is an award-winning marketing executive and industry influencer with nearly two decades of experience spearheading marketing and sales enablement transformation at multiple technology companies including Level Access, BackOffice Associates, IBM, Emptoris and Rivermine. Zhou has also served as vice president and principal analyst at Constellation Research covering marketing and sales technology trends. As CMO of LogRhythm, she will be responsible for driving the global marketing strategy and collaboration with the sales, customer success and product teams.

“LogRhythm has a long-standing reputation for innovation in the cybersecurity space, and I am thrilled to lead a group of talented marketers dedicated to helping our customer succeed,” said Zhou. “I look forward to engaging our thousands of customers to promote the great work they do everyday, defending their organizations against the increasing number of cyberthreats.”

With a long-standing track record in the security industry, Michael Jones joins LogRhythm as the new vice president of product. In this role, Jones will oversee product strategy for LogRhythm’s market-leading SIEM and security analytics products. Previously, Jones led the product management, product marketing, UX and business development efforts at DomainTools. Earlier in his career, he drove Cisco’s cloud-based security efforts and has led projects involving encryption solutions, McAfee server and gateway antivirus products and products in the security orchestration space.

“With over 20 years in the security industry, I have developed a deep passion for building products that customers love and for driving significant product growth,” said Jones. “Given the growing sophistication of threats and the alarming number of security breaches, there is a strong market for next-generation SIEM solutions. I am honored to join the LogRhythm team and look forward to driving our product roadmap to further increase customer satisfaction and company growth.”

These new appointments validate LogRhythm’s mission to accelerate continued innovation and extend its position as the industry’s pre-eminent NextGen SIEM built for the user. LogRhythm provides complete end-to-end threat lifecycle management within a single platform for more than 4,000 customers around the world. It is an indispensable part of how they detect, investigate and neutralize advanced threats.

About LogRhythm

LogRhythm is a world leader in NextGen SIEM, empowering thousands of enterprises on six continents to successfully reduce cyber and operational risk by rapidly detecting, responding to and neutralizing damaging cyberthreats. The LogRhythm NextGen SIEM Platform combines advanced security analytics; user and entity behavior analytics (UEBA); network detection and response (NDR); and security orchestration, automation, and response (SOAR) in a single end-to-end solution. LogRhythm’s technology serves as the foundation for the world’s most modern enterprise security operations centers (SOCs), helping customers measurably secure their cloud, physical, and virtual infrastructures for both IT and OT environments. Built for security professionals by security professionals, the LogRhythm NextGen SIEM Platform has won countless customer and industry accolades. For more information, visit logrhythm.com.

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OAK BROOK, Ill. (PRWEB)
November 15, 2019

Millennium Trust Company, LLC (“Millennium Trust”), a leading provider of retirement and institutional solutions, finished the third quarter of 2019 with $27.4 billion assets under custody in more than 1.3 million accounts. The firm was recognized by Inc. Magazine as #2034 on the Inc. 5000 list of fastest-growing, privately held companies in the U.S., jumping 1,000 spots in one year.

Earlier this quarter, the firm welcomed Erik Beck as Chief Growth Officer to deliver innovative solutions for the retirement and investment industries, develop and expand relationships and continue to grow the business. Mark Jung joined the firm’s board of directors to provide new talent and expanded expertise on the board.

“We are very pleased to see continued positive results throughout 2019 as we head into the fourth quarter,” said Gary Anetsberger, CEO of Millennium Trust . “We owe our continued growth and evolution to our strong relationship with our clients, which inspires us to provide innovative solutions and the highest levels of service.”

As part of the firm’s commitment to increasing access to retirement savings options, Millennium Trust introduced its Workplace Savings Solutions, which provides simple and cost-effective IRA-based alternatives to 401(k) plans. In conjunction with Workplace Savings Solutions, the firm developed the Retirement Savings Selector Tool for Small Businesses as a free, easy and completely agnostic way to help small employers and advisors find the right retirement savings option.

Retirement Services also continued its mission to help Americans better prepare for retirement through its automatic rollover IRA product, the industry-accepted solution for reconnecting missing 401(k) plan participants with their retirement savings. To date, the firm has implemented more than 105,000 agreements with plan sponsors and has opened more than two million rollover IRAs.

“In my 40 plus years in the industry, I have seen ideas, opinions and solutions regarding how to help Americans save for retirement shift many times,” said Terry Dunne, Managing Director of Retirement Services. “What is widely agreed on today is that many Americans are unprepared for retirement. There is still much to be done in the industry, and I feel optimistic and excited about what Millennium Trust is doing to prevent leakage from the retirement system and increase access to retirement savings options.”

Institutional Custody Services ended the third quarter with $13.7 billion in fund assets under custody in more than 500 private and public funds. The firm also continues to focus on building its self-directed IRA and alternative assets business, which has grown 21 percent year-to-date versus the same period in 2018. The team demonstrated its expertise in delivering specialized custody solutions for alternative assets, with almost 18,000 unique assets under custody at the end of the quarter.

About Millennium Trust Company®

Millennium Trust Company is a leading provider of specialized retirement and institutional custody services with more than 1.3 million accounts holding over $27 billion in assets. We are committed to the evolving needs of individuals, employers, advisors and retirement services partners and empower clients with trusted expertise, exceptional service and access to a wide range of solutions. Whether clients are managing corporate retirement assets, running a business or wanting choice beyond traditional asset options, we provide flexible and digital solutions to support our clients’ success.

Millennium Trust Company performs the duties of a directed custodian, and as such does not provide due diligence to third parties on prospective investments, platforms, sponsors or service providers and does not sell investments or provide investment, legal, or tax advice. For more information about Millennium Trust Company, follow us on Twitter and LinkedIn.

Millennium Trust Company® and Above and Beyond Custody® are registered trademarks of Millennium Trust Company, LLC in the United States.

© 2019 Millennium Trust Company, LLC. All rights reserved.

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Weinberger has been at Lido Advisors, LLC for over 14 years and has excelled in a male-dominated industry. She successfully ran the operations and marketing teams which led to her current role as Senior Managing Director and the first female partner of a fast-growing firm.

LOS ANGELES (PRWEB)
November 15, 2019

Lido Advisors, LLC, a Los Angeles-based, full-service, independent, Registered Investment Advisory firm (“RIA”), announced today that Senior Managing Director Alyssa Weinberger is among 28 Women of Influence honorees selected for 2019 by L.A. Biz and Bizwomen, members of the American City Business Journal network.

The fifth annual Women of Influence ceremony is recognizing female business leaders from different industries and backgrounds in Los Angeles who stand out for their achievements in the marketplace, as well as for their commitment to community and mentoring.

The private ceremony took place at Perch in downtown L.A. on Thursday, November 14.

The 28 outstanding businesswomen were recognized and celebrated individually at a special wine dinner that featured Suzanne Groth, Owner, Vice President of Sales and Marketing, Groth Vineyards & Winery. Attendees included honorees, their guests, Women of Influence alumni and nominators.

Honorees were selected by a panel of advisors and editors at American City Business Journals, parent company of The Business Journals, and will also be recognized on each Business Journal website.

Weinberger has been at Lido Advisors, LLC for over 14 years and has excelled in a male-dominated industry. She successfully ran the operations and marketing teams which led to her current role as Senior Managing Director and the first female partner of a fast-growing firm. In addition to her executive position at Lido Advisors, Weinberger also serves as Senior Managing Director of Lido Consulting, Inc.

Weinberger is an accomplished networking professional, locally and nationally, and works on both the East and West Coasts. She is a truly passionate executive who cares deeply about curating strong relationships and connecting the right people.

Her Annual Family Office Investment Symposium exemplifies her capacity to bring like-minded, ultra-high-net-worth families together to share best practices. The 15th Annual FOIS2020 event is scheduled for March 18-20, 2020 at the Loews Santa Monica Hotel.

For more information on the event, or to register, visit: https://www.familyofficeis.com/

Weinberger’s objective is not only to help her clients meet their goals, but within a transparent, collaborative, and process-driven approach. She believes in consistent communication as a client coverage model and strives to meet with clients quarterly to hear about changes in their life that could affect their investment portfolio and financial plans.

L.A. Biz Women of Influence 2019 Event Information: https://www.bizjournals.com/losangeles/news/2019/10/17/announcing-women-of-influence-honorees-for-2019.html

About Lido Advisors, LLC

Lido Advisors is a nationally recognized wealth advisory firm headquartered in Los Angeles, California with offices throughout the United States. It executes comprehensive investment and wealth solutions designed to grow, protect and maximize its clients’ legacies. Lido Advisors’ focus on elegant and effective client solutions underscores its commitment to excellence.

With innovation and integrity, Lido Advisors will continue working to grow and expand into a nationally recognized leader providing investment and wealth strategies for select institutions and families. The firm aims to grow, protect and maximize clients’ legacies through the pursuit of far-reaching wealth and investment advice, with due consideration to tax and estate planning facets of the client’s life.

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

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