Category Archives: Business

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

NAIFA Announces Partnership with InsurTech Express


Ken Leibow, Founder & CEO, of InsurTech Express

We look to InsurTech Express to provide insight on how digital transformation is affecting the long-term care industry.

The National Association of Insurance and Financial Advisors (NAIFA) named InsurTech Express to its list of supporters of its Limited & Extended Care Planning Center (LECP). The LECP is NAIFA’s initiative to bring together a variety of entities that offer products and services that showcase the continuum of options for limited, extended and long-term care needs. The announcement was made on the opening day of the NAILBA’s Annual Meeting held in Dallas, Texas.

InsurTech Express is the brainchild of Ken Leibow, CEO and Founder, who is a long-time member of NAILBA and subject matter expert in insurance technology. After many years of serving on technical committees for insurance associations, Leibow decided to establish InsurTech Express to serve as a resource for advisors who work in life insurance and annuities. “Our vision of InsurTech Express is an online network that provides educational information on solution platforms and tech trends that is easy-to-understand by advisors and that we promote technology solutions that focus on ease-of-use” explained Leibow. The online network is comprised of carriers, distributors, solution providers, associations and conferences. “The insurance and financial industry is only going to continue to become increasingly technology-driven and InsurTech Express will be there to help advisors transition to new ways of working.”

NAIFA chose InsurTech Express as a supporter of the LECP due to this forward-thinking, technology-driven viewpoint on insurance. “We wanted to help pair disruptive technology with proactive, positive analogue needs found within this generational extended and long term care challenge that we will all inevitably face,” explained Carroll Golden, Executive Director of NAIFA’s LECP. “We look to InsurTech Express to provide insight on how digital transformation is affecting the long-term care industry. We know that everything will change with the adoption of our InsurTech Express Blockchain, artificial intelligence and robotics, and we know Ken Leibow is a strong supporter of moving our niche industry forward.”

Leibow’s work and long-time active participation in NAILBA garnered him a NAILBA ID Twenty Award. The inaugural award showcases trailblazers in the industry and created an opportune time to announce the new partnership. “We applaud Ken on his award and prodigious work throughout the years to advance the concept of insurtech,” stated Kevin Mayeux, CEO of NAIFA. “We are delighted that we are all together at NAILBA to celebrate both Ken’s accomplishments and our new partnership.”

About NAIFA

Founded in 1890, NAIFA is the oldest, largest and most prestigious association representing the interests of financial services professionals from every Congressional district in the United States. Our mission – to advocate for a positive legislative and regulatory environment, enhance business and professional skills, and promote the ethical conduct of its members – is the reason NAIFA has consistently and resoundingly stood up for financial services professionals and called upon members to grow their knowledge while following the highest ethical standards in the industry.

About InsurTech Express

InsurTech Express is the principal resource that brings the Life Insurance and Annuity community together in one easy-to-access, secure online location for information on Insurtech. It is a network with active participation in industry associations like ACORD, LBTC, and LIDMA; conferences like InsureTech Connect and NAILBA. The network includes Carriers, Distributors, & Solution Providers. InsurTech Express is designed to connect the Life industry with access to Insurtech documents, education, solutions, industry trends, career opportunities,consulting,and innovation.

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New England Patriots receiver Julian Edelman releases new children’s book “Flying High 3”


Flying High 3 by Julian Edelman with Assaf Swissa

“Hard work is at the center of my football career and everything else we try to achieve, including the making of these books.”

From the minds of New England Patriots wide receiver Julian Edelman and his business partner, Assaf Swissa, comes Flying High 3, the latest installment of the successful “Flying High” children’s book series. This is Edelman’s fourth book following Flying High, Flying High 2, and his best-selling memoir, Relentless.

Flying High 3 follows Jules the Squirrel as he enjoys summer vacation at the beach with his animal friends – all the while, Tom the Goat stays hard at work. Along the way, Jules is reminded that there is no time for rest while working to achieve your dreams.

Nicknamed “the Squirrel” by his teammates for his speed, size, and tenacity, Edelman shares this inspiring story with families through the experiences of Jules whose personality – like all the animal characters in the book – will be familiar to anyone who follows the game of football. Flying High 3 also takes place in a beach setting, deliberately chosen by Edelman to pay homage to his home state of California.

“Flying High is, at its core, a set of stories that try to illustrate the benefits of hard work,” says Edelman. “Hard work is at the center of my football career and everything else we try to achieve, including the making of these books.” Edelman has also been recognized as a Literacy Champion by “Read for the Record”, an organization dedicated to raising awareness about the critical importance of early literacy.

The “Flying High” series of books promote values that are appropriate for any child, no matter which NFL team they root for, which sport they play, or whatever their passion may be. “America is built on the belief that hard work pays off,” says Swissa. “I think that idea is so important to constantly reinforce in kids because it can get overlooked without putting the effort and repetition first. We’re hoping to keep kids mindful that the hard work is more important than the result.”

Flying High 3 features illustrations by David Leonard and is published by Superdigital, an award-winning creative agency founded by Swissa that has helped build the JE11™ brand. The book is exclusively available at Julian Edelman’s website JE11 http://www.JE11.com

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ConnectYourCare Announces 2020 IRS Limits for Flexible Spending Accounts, Commuter Benefits, and Adoption Assistance


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These annual increases to contribution limits help to ensure that Health Care FSAs, Adoption Assistance programs, and Transit and Parking programs remain attractive benefits to plan sponsors and participants.

Flexible Spending Account (FSA), Qualified Transportation Fringe Benefits (“Commuter Benefits”), and Adoption Assistance limits for 2020 have been by adjusted for inflation by the Internal Revenue Service (IRS). To assist employers, brokers, and account holders, ConnectYourCare, a national leader in consumer-directed, tax-advantaged account solutions, is announcing the 2020 limits.


  • Health Care FSA – The monetary limit on employee pre-tax salary reduction contributions will increase to $2,750, up from $2,700 in 2019, according to the IRS.
  • Commuter Benefits – The IRS will allow $270 per month, pre-tax, to be excluded from an employee’s income for qualified parking benefits, up from $265 per month in 2019. Additionally, the combined monthly limit for transit passes and vanpooling expenses for 2020 will be $270, also up from $265.
  • Adoption Assistance – For adoption of a child, the maximum amount that may be excluded from an employee’s gross income under an employer-provided adoption assistance program will increase to $14,300 for 2020, up from $14,080 in 2019. The IRS noted that the exclusion, however, will begin to be phased out for individuals with modified adjusted gross incomes exceeding $214,520, and will be entirely phased out for individuals with modified adjusted gross incomes of $254,520 and greater.

“These annual increases to contribution limits help to ensure that Health Care FSAs, Adoption Assistance programs, and Transit and Parking programs remain attractive benefits to plan sponsors and participants,” said ConnectYourCare Chief Executive Officer, Steve Grieco.

For more information, see the IRS revenue procedure at https://www.irs.gov/pub/irs-drop/rp-19-44.pdf.

About ConnectYourCare

As a consumer-directed health care pioneer and nationally recognized industry leader, ConnectYourCare delivers a comprehensive solution supporting health care savings accounts and expanded tax-advantaged offerings. Through continuous evolution, highly rated service, and domain expertise across the benefits, banking, and payments spectrum, we are revolutionizing the connection between health and wealth. ConnectYourCare creates greater participant value through intuitive account management; greater employer value and savings through dynamic, outcome-based workflows and tools; and greater partnership value through deep engagements to meet goals—with proprietary, cloud-based technology and a modern, intelligent platform as its foundation.

Trusted by leading organizations, spanning all industries and sizes, we are making it easier for people to manage care, so they can enjoy life. For more information, visit https://www.connectyourcare.com/.

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Woodsboro Bank Announces Colleague Addition and Promotions


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Shelane Francisco joins Woodsboro Bank

Woodsboro Bank is pleased to announce Shelane Francisco has joined our team as Vice President, Branch Manager of the Downtown Branch located at 6 W. Patrick Street, Frederick, Maryland.

Shelane has over 20 years’ experience in the financial industry with over half of that time in the Frederick market. Over the course of her career, she’s worked in various roles including commercial banking management, sales, human resources, customer service and operations.

She has her Bachelor of Science degree in Business Management from University of Pheonix. Shelane graduated from Leadership Frederick in 2016.

Joining Woodsboro, Shelane will once again be working in the Frederick community where she has past involvement with the Downtown Frederick Partnership and Frederick County Chamber of Commerce.

Thomas Ramsay promoted to Vice President/Branch Channel Leader

Woodsboro Bank is pleased to announce the promotion of Thomas Ramsay to Branch Channel Leader. In this role, he will oversee the branch operations and leading his bank colleagues moving forward in the Bank’s vision to be the best bank in central Maryland for colleagues, clients, community and shareholders.

Thomas Ramsay, Vice President, joined the Bank in 2018 as a Business Development Officer. He has 20 years of banking experience in retail and business banking. Thomas has extensive management, leadership and relationship management experience.

Thomas is a native of Frederick County and is graduated from Leadership Frederick in 2017. He is currently in his second year of Maryland Banking School. He is actively involved with the American Cancer Society’s Relay for Life and is a football coach for Frederick High.

Angie Simmons promoted to Branch Manager

Woodsboro Bank is pleased to announce Angie Simmons was promoted to Branch Manager of the Bank’s Rt. 40 Branch located at 1420 W. Patrick St., Frederick, Maryland. Angie joined the Bank in 2011 and prior to her promotion was a Relationship Banker at the Thurmont Branch.

Angie received her Associate Degree in Business Administration at Frederick Community College. Currently, she is enrolled at University of Maryland’s Global Campus and in the Maryland Bankers Association’s Emerging Leaders program.

She is the Volunteer & Impact Chair for the United Way’s Emerging Leaders United. Angie is a co-chair of the Bank’s United Way workplace campaign and a volunteer for United Way’s VITA program.

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WealthVest Announces Leslie Grant Assumes Marketing Consultant Position


WealthVest continues to grow its team of wholesalers by hiring Leslie Grant, who will cover the Illinois, Iowa, Minnesota and Wisconsin territories, helping advisors with retirement planning utilizing fixed and fixed index annuities. WealthVest demonstrates traditional face-to-face wholesaling as the #1 independently owned distributor of fixed and fixed index annuities in financial institutions.

Leslie Grant joins WealthVest in 2019, bringing nearly a decade of experience in advising financial professionals and risk-averse retirees on how to plan a successful and secure retirement portfolio.

Prior to joining WealthVest, Leslie was the Great Lakes Regional Vice President for ICON, an investment advisory firm. Leslie joined ICON in 2015 as an Internal Sales Associate and has been in the financial services industry since 2010. Leslie began her career as an internal wholesaler with Jackson National Life, working cross-channel and presiding over a variety of regions.

“WealthVest is very excited to have Leslie join the team. She brings a ton of experience, industry knowledge and value to her clients,” said Marc Rogers, National Sales Manager. “Leslie has an unbelievable work ethic and we are very excited to learn from her. All who work with Leslie will find success in implementing her marketing strategies!”

Leslie received a bachelor’s degree in philosophy from Loyola University Chicago, graduating Magna Cum Laude. She holds FINRA 6, 7, and 63 registrations.

Outside the office, Leslie enjoys spending time with her daughter, reading, and kick boxing.

WealthVest is excited to add Leslie to the team of over 80 wholesalers and WealthVest looks forward to the value she will bring to the organization and the advisors she supports.

About WealthVest

WealthVest is a financial services firm specializing in the distribution of high-quality fixed and indexed annuity products from top-rated insurance carriers. WealthVest designs, markets, and distributes these essential products throughout the nation and is squarely focused on developing products with the highest consumer value.

WealthVest was founded in 2009 by former CEO of American Skandia, Wade Dokken, and former CEO of Hartford Life Limited, Europe, Lincoln Collins. From the beginning, WealthVest has provided financial professionals with thorough coaching, effective face-to-face sales training, marketing collateral, and thought leadership on retirement planning concepts and products of the highest consumer value – offering principal protection and lifetime guaranteed income.

WealthVest’s Video Library: https://wealthvest.com/video-library/.

WealthVest’s White Paper Library: https://wealthvest.com/white-papers/.

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Centennial Appoints Carl Tash to Newly Created Chief Investment Officer Position


Carl Tash

“I am honored to join a highly regarded firm like Centennial that executes unique placemaking and mixed-use densification ideas at its own properties. These great plans have applicability to the industry as a whole.”

Centennial Appoints Carl Tash to Newly Created Chief Investment Officer Position

Real Estate Investment Firm Prepares for Future Growth with Addition of Top-Performing Real Estate Investment Executive

Centennial, a real estate investment firm with a national portfolio of shopping, dining, entertainment and mixed-use destinations, announced today the appointment of Carl Tash to the position of Chief Investment Officer. In this role, Tash will oversee all of Centennial’s investment activities and growth strategies, including capital markets, investor relations and fund management. He will also be instrumental in contributing to Centennial’s expansion plan, which includes the near-term goal of adding several new assets to the company’s retail real estate portfolio.

“As one of the top players in retail real estate with a fully integrated services platform, Centennial is well positioned to grow,” says Steven Levin, Centennial’s CEO. “We warmly welcome Carl Tash as a valued new member of our team who will help us capitalize on the vast opportunities in the retail and mixed-use real estate market.”

“It’s an exciting time in the retail real estate investment business,” Tash says. “I am honored to join a highly regarded firm like Centennial that executes unique placemaking and mixed-use densification ideas at its own properties. These great plans have applicability to the industry as a whole.”

Prior to joining Centennial, Tash spent most of the past decade working for investment firm Starwood Capital Group. He served in a number of executive positions throughout the company’s global platform ranging from Chief Credit Officer to Chief Strategist at Starwood Retail, including a post in Luxembourg as Chief Investment Officer for Europe. Before his time with Starwood, Tash founded Cliffwood Partners, a real estate securities firm specializing in value-oriented REIT and real estate equity investments. He also held executive-level positions with JMB Realty Corporation and its investment subsidiary, JMB Institutional Realty Corp.

Tash holds an MBA from Harvard University and a B.S. in Economics from The Wharton School at the University of Pennsylvania. He serves on the executive committee of the Zell Lurie Real Estate Center, on the Commercial and Retail Development Council of the Urban Land Institute (ULI), and as a member of the International Council of Shopping Centers (ICSC).

About Centennial

Centennial is a national owner of major shopping, dining, entertainment and mixed-use destinations. Rooted in retail since 1997, the company is focused on shaping the evolution of American retail by creating a superior multi-faceted shopping experience. Centennial properties serve not only as a place of commerce, but a place of community. For more information, visit CentennialREC.com.

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Hit And Run Accidents And Their Impact On Driver’s Insurance Rates


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“A hit and run accident can make you pay more expensive premiums, no matter who caused the accident”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Compare-autoinsurance.org has launched a new blog post that explains what is a hit-and-run accident and how car insurance rates will be influenced after that.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/how-hit-and-run-accidents-influence-car-insurance/

Hit and run accidents refer to those car accidents where one driver flees the scene without leaving their details or checking if all the other persons involved are safe. When someone hits a parked car with their vehicle, and then flees the scene without leaving their details, they also commit a hit and run accident. Hit and run accidents are severely punished by law.

Hit and run accidents also affect car insurance rates. There are 2 scenarios:


  • The policyholder is the victim. It is recommended to gather as much evidence and eye-witness accounts as possible. After that, call the police and file a report. This report will be handed to the insurance company in order to begin the claim process. The company will cover the damage but will increase the premiums, until the guilty driver is caught. If the guilty driver is not caught, the policyholder will be charged extra.
  • The policyholder commits a hit-and-run. The insurer will pay for the victim’s damage, but not for the damage to the policyholder’s car. After that, the premiums will be increased by around 50%. The guilty driver will have to carry an SR-22 for 3 years, time in which the premiums will be considerably high.

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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eOriginal Recognized Again as One of the Fastest Growing Companies in North America


November 7, 2019 – eOriginal Inc., announced today it has been named to Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. eOriginal saw a 200% year-over-year growth since 2016, the period assessed for the rankings. Ranked 444, eOriginal was named to the Deloitte list for the third year in a row.

“We believe lending should be frictionless, secure, and trusted from the borrower to the secondary market, and we have placed a priority on key strategic initiatives and innovation to support this mission,” eOriginal CEO Brian Madocks said. “We are honored to receive this prestigious award for the third consecutive year. This validates our commitment to foster liquidity in the digital lending ecosystem by enabling all participants to successfully create, manage and monetize their most valuable financial assets.”

eOriginal enables trusted transactions for high-value digital financial assets between originators, custodians, investors and the secondary market in order to accelerate the speed at which these assets can be funded, transferred, and sold. In the mortgage industry, eOriginal powers the ecosystem that is leading the digital transformation of the industry: Quicken Loans, Wells Fargo Home Lending, Fannie Mae, and, most recently announced, Ginnie Mae. eOriginal also enables digital lending ecosystem participants across auto finance, equipment leasing, marketplace lending and other financing industries.

“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, Vice Chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”

About eOriginal

eOriginal guarantees trusted transactions of digital financial assets for all parties from the borrower to the secondary market. We do this by creating a ‘digital original’ document with all the legal and enforcement rights of a paper contract combined with the capital and operational efficiency of digitization. Our proven network provides certainty in how these digital assets are created and maintained, delivering the confidence, visibility and compliance lenders and buyers need. As a pioneer in the space, major financial institutions, leading law firms and credit ratings agencies have validated and rely on eOriginal as a trusted partner for digital lending transformation and management. For more information, visit http://www.eoriginal.com.

About Deloitte’s 2019 Technology Fast 500™ and Deloitte

Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.

In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $US50,000, and current-year operating revenues of at least $US5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see http://www.deloitte.com/about to learn more about our global network of member firms.

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ICW Group’s Financial Strength “A” Rating Affirmed by A.M. Best


“It’s important that agents, brokers and policyholders have a high degree of confidence in their carrier’s financial stability, and this rating and positive outlook confirms ICW Group’s strength in this area,” said Kevin Prior, president and CEO of ICW Group.

ICW Group Insurance Companies, a group of property and casualty carriers, announced today that the A.M. Best Company (A.M. Best), has affirmed its Financial Strength Rating (FSR) of “A” (Excellent) for the company. The rating was also accompanied by a “Stable” outlook.

A.M. Best’s ratings reflect the company’s balance sheet strength, which A.M. Best categorizes as strongest, as well as its strong operating performance and appropriate enterprise risk management.

The rating process by A.M. Best is a comprehensive quantitative and qualitative analysis of a company’s balance sheet strength, operating performance and business profile. According to A.M. Best, an “A” (Excellent) rating is assigned to companies that have an excellent ability to meet their ongoing insurance obligations.

“We’re extremely proud of our A.M. Best rating and the solid financial performance it represents,” said Kevin Prior, president and CEO of ICW Group. “It’s important that agents, brokers and policyholders have a high degree of confidence in their carrier’s financial stability, and this rating and positive outlook confirms ICW Group’s strength in this area. Additionally, we believe it further reassures our agent and broker partners that recommending ICW Group is advice their clients can trust.”

According to A.M. Best, “The rating affirmation is reflective of ICW Group’s continued strong operating and underwriting results, driven primarily by favorable loss experience in its leading line of business, workers’ compensation. Additionally, the rating reflects solid risk – adjusted capitalization, a comprehensive reinsurance program and a fairly conservative investment portfolio.”

Founded in 1899, A.M. Best Company is the world’s oldest and most authoritative objective insurance rating and information source. For more information, visit http://www.ambest.com. To learn more about the ICW Group ratings, read the full A.M. Best news release.

About ICW Group

Based in San Diego, ICW Group Insurance Companies is the largest privately held insurance company domiciled in California. Quoting more than $3 billion annually, ICW Group represents a group of Property, Auto and Workers’ Compensation insurance carriers, including Insurance Company of the West and Explorer Insurance Company. ICW Group is recognized nationally as an industry leader in helping policyholders achieve fewer and less costly claims, and is committed to meeting the needs of its policyholders and elevating the trusted agents and brokers who advise them. More information is available at http://www.icwgroup.com, http://www.twitter.com/ICWGroup, http://www.linkedin.com/companies/icw-group and http://www.facebook.com/ICWGroup.

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3rd edition of the Latin American Employee Experience Awards 2019


The Employee Experience Platform

The Employee Experience Platform

The LatAm Employee Experience Awards is a great initiative to recognize those HR teams that deliver significant results thanks to innovative programs that add value in some of the most important stages of the employee lifecycle.

The LatAm Employee Experience Awards is GOintegro’s initiative to recognize and celebrate organizations that excelled in their Employee Experience initiatives. The awards are divided into 4 categories: Best Employee Experience Strategy, Best Employee Communication Program, Best Employee Recognition Program, and Best Employee Benefits Initiative.

After an extensive evaluation from a highly specialized jury, composed by members of the Top 100 HR Influencers LatAm 2019 and Human Resources experts, 12 organizations made it to the finalists and winners list.

This year’s awards winners are:

  • Sodexo México for Best Employee Experience Strategy.
  • Zurich-Santander Brasil for Best Employee Communication Program.
  • Ocensa Colombia for Best Employee Recognition Program.
  • Ferreyros Perú for Best Employee Benefits Initiative.

Among the criteria to be chosen as a finalist and the winner of each category, the jury evaluated the difficulty, magnitude and potential impact of the challenge that the HR team faced; the strategy development and implementation process, and the impact of measurable results.

“The LatAm Employee Experience Awards is a great initiative to recognize those HR teams that deliver significant results thanks to innovative programs that add value in some of the most important stages of the employee lifecycle,” commented Jose Guerra, Chief Sales & Marketing Officerat GOintegro. “These organizations leave a positive mark on the Human Resources industry by sharing their valuable experiences that become a benchmark for the rest.”

The 2019 Employee Experience Awards finalists go as follows:

  • Ferreyros – Peru for Best Employee Experience Strategy.
  • TrueLogic – Argentina for Best Employee Experience Strategy.
  • Hewlett-Packard – Mexico for Best Employee Benefits Initiative.
  • Everis – Peru for Best Employee Benefits Initiative.
  • Zurich Santander – Brasil for Best Employee Recognition Program.
  • SIG – Brasil for Best Employee Recognition Program.
  • ICPNA – Peru for Best Employee Communication Program.
  • Tegma – Brasil for Best Employee Communication Program.

“It’s been a very enriching and inspiring experience, both for the participants and for us, as a company, to collaborate with best in class Latin American organizations that are leading the way towards a more employee-centric approach in all their HR initiatives. We congratulate their success and, as ever, we look forward to keep on working with them to deliver the best possible employee experience”, said German Dyzenchauz, CEO & Co-founder at GOintegro.

Please click here if you wish to learn more about The LatAm Employee Experience Awards

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