Category Archives: Business

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

Business: Insurance

The IHC Group Selected By Figo Pet Insurance To Deliver Best-In-Class Pet Health Insurance Plans for Tech Savvy Pet Lovers

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IAIC is one of the nation's top give pet insurance carriers

Independence American Insurance Company

“IAIC remains dedicated to serving those seeking protection from expensive veterinary procedures with not only our pet insurance products, but by searching for the right partners who go above and beyond to support the needs of pet parents and the pet community as a whole.”


NEW YORK (PRWEB)

Independence American Insurance Company (“Independence American” or “IAIC”), a member of The IHC Group (IHC), and Figo Pet Insurance (“Figo”), recently named Top InsurTech Leader by A.M. Best’s Review*, have joined forces around their shared vision of providing more for pets and their owners with pet insurance coverage and technology.

Independence American, rated A- (Excellent) by A.M. Best Company, Inc., entered the pet health insurance market in 2011, and is now one of the top five pet insurance carriers based on gross written premiums. IAIC is currently writing policies with Figo in 27 states and expects to be writing new business and renewals in all 50 states and the District of Columbia by December 2019.

“IAIC remains dedicated to serving those seeking protection from expensive veterinary procedures with not only our pet insurance products, but by searching for the right partners who go above and beyond to support the needs of pet parents and the pet community as a whole,” said Rick Faucher, President of Pet Insurance Division of IHC Specialty Benefits. “Figo, with their ‘at-your-fingertips’ concierge level mobile app, easy to understand plan-selection process, and intuitive customer service- is clearly a leader in this growing space. We are thrilled to help them deliver their best.”

“The IAIC team has rich experience in the pet insurance space, and like Figo, they are dedicated to providing a top-notch customer experience,” said CEO and Founder of Figo, Rusty Sproat. “Our collaboration with IAIC is key to Figo’s future growth, and we look forward to enjoying a long and fruitful partnership.”

For more information on IHC’s pet insurance, please contact Rick Faucher at 602-395-7083 or Rick.Faucher@IHCGroup.com. Please visit http://www.IHCGroup.com and https://www.FigoPetInsurance.com for additional resources.

*A.M. Best, Best’s Review, “Agents of Change” January 2017, pages 62, 71: http://viewer.zmags.com/publication/e8f79b79#/e8f79b79/1

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About The IHC Group

Independence Holding Company (NYSE:IHC), formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as “The IHC Group”). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company), and IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, IHC Specialty Benefit Advisors, general agents, telebrokerage, private label arrangements, INSX Cloud, our wholly owned Web Based Entity (WBE), and through the following brands: http://www.healthedeals.com; http://www.my1hr.com; http://www.healthinsurance.org; http://www.medicareresources.org; and http://www.petplace.com.

About Figo Pet Insurance

Figo is a Chicago-based InsurTech company founded in 2015. They offer a unique combination of comprehensive insurance policies to protect your pet in the event of injury or illness; as well as industry-leading technology. They have become one of the fastest growing start-ups in the country. Figo utilizes a highly engaging and mobile-friendly Pet Cloud that allows consumers to manage their pet’s healthcare, socially engage with fellow pet owners, and easily discover and locate services within the pet ecosystem. They provide simple, comprehensive, and transparent policies with an award-winning customer service staff, and are widely regarded as one of the leading pet insurance companies.

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Business: Executives

Alan Hayon accepted into Forbes Finance Council

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GREAT NECK, N.Y. (PRWEB)

Alan Hayon, President of the Credit Desk, which specializes in SBA and term loan prep and business and personal credit building and repair, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms.

Alan Hayon was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.

“We are honored to welcome Alan Hayon into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Finance Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

As an accepted member of the Council, Alan has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Alan will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.

Finally, Alan Hayon will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.

“I’m humbled and honored to be a member of Forbes Finance Council. This community will provide immeasurable resources that will aid the Credit Desk and me in our goal of helping businesses and individuals attain good credit.” — Alan Hayon

ABOUT FORBES COUNCILS

Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.

For more information about Forbes Finance Council, visit http://www.forbesfinancecouncil.com. To learn more about Forbes Councils, visit http://www.forbescouncils.com.

For more information about The Credit Desk, visit http://www.thecreditdesk.com. For more information about Alan, visit http://www.alanhayonreviews.com.

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Business: Insurance

Costly Car Insurance Mistakes That Must Be Avoided By Policyholders

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“Making mistakes is human, but they should be avoided when negotiating for car insurance rates. Find out what mistakes should be avoided and how”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Cheapquotesautoinsurance.com has released a new blog post that presents the costliest car insurance mistakes a person can make and how to avoid them.

Car insurance represents an expensive investment. Any mistake has the potential of costing the insured several hundred dollars or more. Or leave the policyholder without adequate protection. Find out more and get free quotes at http://cheapquotesautoinsurance.com/costly-auto-insurance-mistakes/


  • Not preparing documents for negotiations. This is one major mistake that can be easily avoided. A simple call before the scheduled meeting will suffice. Drivers should prepare car documentation and handle it when asked. Furthermore, they should be prepared with info about driving history, graduated defensive/refresher courses, receipts for custom parts, VIN number and so on. Not having all the required documents will force the agent to re-schedule the meeting.

  • Not understanding some insurance terms or the policy itself. It is not wise to act like a “know-it-all”. Do not blindly agree to a contract without understanding it. Carefully read each page of the contract and ask for info where something is not fully understood.

  • Not getting car insurance quotes before the meeting. It is important to compare prices from multiple carriers and select a policy that will satisfy the coverage needs. Now it is easy and fast to get online quotes. It only takes several minutes. Furthermore, online quotes will help drivers mentally prepare for the meeting. They will also make the drivers aware of what sort of info is asked and what documents they should prepare.

Cheapquotesautoinsurance.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.

For more information, please visit http://cheapquotesautoinsurance.com.

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Business: Executives

Bill Booth Named Vice President of Product Development for Data Age Business Systems

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https://www.prweb.com/

Bill Booth, Data Age Vice President of Product Development

“I look forward to my new role and continuing the vision of building the newest and best products for our customers.”


CLEARWATER, Fla. (PRWEB)

Data Age Business Systems, developer of PawnMaster pawn management software, continues to lead the way as the pre-eminent supplier of point-of-sale software to the collateral lending space. Data Age continues to invest in people power to ensure their thousands of clients are properly serviced and supplied with top quality products.

As the only dual-technology platform vendor supplying the collateral loan industry, Data Age is focusing even more on ensuring both of their products, PawnMaster Classic and PawnMaster Ignite, continue to grow with ground breaking features and capabilities. In doing so, the PawnMaster client continues to gain a competitive edge in their market of operation.

Bill Booth has become a well-known personality and a dynamic leader in the collateral loan space. His depth of knowledge on the industry and Data Age products, coupled with the respect he has earned over the years, has made him a natural choice to become Data Age/PawnMaster Vice President of Product Development. In his newly appointed role, Bill will continue to expand on his twenty-two years of industry and pawn software knowledge. He will ensure PawnMaster clients are tooled the right way as they build their operations by using technology that is intuitive and focuses on their businesses.

Commenting on his appointment, Bill stated, “I am fortunate to work for a company that has fostered my goals and continues to invest in future development. Being part of a team that is dedicated to the success of not only our company, but our entire industry is very important to me. I look forward to my new role and continuing the vision of building the newest and best products for our customers.”

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Business: Insurance

What Is Car Rental Insurance And When Drivers Should Buy It

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“Whenever you drive a rental car, you must insure optimal coverage. Visit our website for more car insurance info and free quotes”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has released a new blog post that explains what it is car rental insurance and why drivers should buy it.

There are many situations when a person may need to rent a car. When the personal car is on service, waiting to be repaired, a rental car may be really useful. This car must be covered by the one who rents it. Find out more about rental car insurance and get free quotes at https://compare-autoinsurance.org/read-more-about-car-rental-insurance/.

Rental car insurance may refer to coverage used for a rental car or the coverage on the personal auto policy which pays for a rental car. In both cases, it covers a car used for a predetermined period.

Insuring a rented car provides the same coverage as any auto insurance for the personal vehicle. The policyholder can be covered for liability, medical and property damage. It all depends on selected coverage options.

It is possible to get coverage from the car rental company. Usually, the car rental company offers the next 4 types of coverage:


  • Additional Liability Insurance. Also named Supplemental Liability Insurance. It covers the property damage and bodily injuries caused when driving the rental car. If the driver has good liability coverage limits on his personal policy, this coverage is not a priority.

  • Personal Accident Insurance. While liability coverage covers other people’s property damage and injuries in an accident, personal accident coverage includes medical, ambulance and death benefits for the rental car driver and his passengers.

  • Collision Damage Waiver. Also known as LDW (Loss Damage Waiver). It is a waiver of responsibility. The policyholder will not be held accountable if he is involved in an accident while driving the rental car. Pay attention to waiver limits and the state’s rules.

  • Personal Effects Coverage. It covers belongings stolen from the rental car. Again, this coverage should not be a priority since it is likely to have those belongings covered by homeowners/renters insurance.

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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Business: Executives

HGAR and Metro Area REALTOR® Organizations to Host Global Real Estate Summit NYC Nov. 4 in Manhattan

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As we continue to grow our Manhattan base of REALTORS®, we are committed to providing opportunities for them to learn from the leading minds in our industry about the most import issues affecting real estate around the world.


NEW YORK (PRWEB)

The Hudson Gateway Association of REALTORS® (HGAR) will co-host the Global Real Estate Summit NYC on Monday, Nov. 4, bringing together real estate’s most influential thought leaders on how to succeed in the global marketplace.

The event, now in its 13th year, will focus on “Engaging the Global Future.” HGAR will present the summit in conjunction with Staten Island Board of REALTORS® (SIBOR); Long Island Board of REALTORS® (LIBOR); Greater Bergen Association of REALTORS® (GBAR); and Brooklyn Board of REALTORS® (BBOR).

The day-long event will feature presentations and panel discussions addressing the biggest issues impacting the global real estate market. Speakers include: Noble Black, HGTV personality and associate broker, Douglas Elliman Real Estate; Scott Durkin, president and chief operating officer, Douglas Elliman Real Estate; Dean Foster, founder, DFA Intercultural Global Solutions; Paul J. Massey, chief executive officer, B6 Real Estate Advisors; Seth Pinsky, executive vice president, RXR Realty; and Mitch Roschelle, partner, PwC. The conference in total will feature more than 20 presentations and panelists.

“As we continue to grow our Manhattan base of REALTORS®, we are committed to providing opportunities for them to learn from the leading minds in our industry about the most import issues affecting real estate around the world,” said Richard Haggerty, CEO of HGAR. “We are looking forward to a great day of learning and networking.”

Premier sponsors for the 2019 Global Real Estate Summit NYC are the National Association of REALTORS® and the New York State Association of REALTORS®. For tickets, a full agenda and list of speakers, and exhibitor or sponsorship registration, visit http://www.globalrealestatenyc.com.

About The Hudson Gateway Association of REALTORS®

The Hudson Gateway Association of REALTORS® is a not-for-profit trade association representing more than 13,000 real estate professionals in Manhattan, the Bronx, Westchester, Putnam, Rockland and Orange counties. It is the second largest REALTOR® Association in New York, and one of the largest in the U.S.

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Business: Insurance

Breathe Life Emerges as the Insurance Industry’s Enterprise Commerce Platform for Driving New Business

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“The insurance industry needs a change agent and Breathe Life has the right product at the right time to help the industry transform. Moreover, the Breathe Life team has the experience and the vision carriers need to be successful in the digital age.” –Henri de Castries, formerly head of AXA Global


MONTRÉAL (PRWEB)

Breathe Life, the only enterprise commerce platform for the individual insurance industry that is 100 percent focused on delivering new business, today announced a number of major milestones in the company’s rapid ascent to InsurTech leadership in 2019. Since launching at the beginning of 2018 and announcing a seed round earlier this year, Breathe Life has secured several new customer wins, successfully launched and deployed new AI-driven products, and doubled headcount to keep pace with growing demand for its platform and mission to protect families around the world.

“The past year has been a whirlwind of activity and progress at Breathe Life, all fueled by an exponentially growing business opportunity as insurers look to meet consumer demand for a fast and seamless digital buying experience,” said Ian Jeffrey, Co-Founder and CEO at Breathe Life. “We’ve rolled out the Breathe Life Enterprise Commerce Platform which has been adopted by several innovative insurance carrier partners, officially embarking on our mission to bring financial peace of mind to families worldwide.”

2019 Highlights

Attracting A-list Investors

In 2019 to date, Breathe Life has secured $7 Million CAD to aggressively pursue its mission to bring financial security to millions of people, whoever and wherever they are. Investors include Henri de Castries, former CEO and Chairman of the Board of AXA Global; Scott Cochran, former EVP of RGA, US; and others, as well as Diagram Ventures and Real Ventures.

“The insurance industry needs a change agent and Breathe Life has the right product at the right time to help the industry transform,” said Henri de Castries, former CEO and Chairman of the Board of AXA Global. “Moreover, the Breathe Life team has the experience and the vision carriers need to be successful in the digital age.”

Building Momentum with Insurance Carriers Across North America

Breathe Life has gained significant traction with insurance carriers including National Bank of Canada, the first to deploy Breathe Life’s API-driven Enterprise Commerce Platform. La Capitale Insurance and Financial Services has also recently rolled out the Presto solution to its advisor channel. In addition, Viaction Assurance, a Montreal-based online life-insurance carrier, has deployed the Breathe Life platform to accelerate online sales of life insurance products. Breathe Life has a number of additional North American carriers deploying its platform and will be announcing details of these engagements over the next few months.

A Single Platform Serving Multiple Channels

Breathe Life has continued to build out its API-driven platform to provide an end-to-end solution for the insurance industry to convert leads to policies across products and channels. A flexible and modular enterprise commerce platform, Breathe Life uses advanced analytics and AI to deliver the only solution that is 100 percent focused on driving new business for insurance distributors. Notable features include:

–Single View of the Customer: Customers often have many touchpoints with a brand that are often across disparate systems, making it hard to get a complete picture of where they are in the buying process. The Breathe Life platform unifies customer data into a single view of the customer, streamlining the buying experience for advisors and consumers.

–Smart Dispatching: When leads are generated, the Breathe Life platform automatically dispatches them to the right channel, no matter how complex or simple the products. As a result, leads are converted to policies much more quickly.

–Seamless Experience for Advisors and Consumers: The white-label Breathe Life Platform is completely customizable to ensure a consistent brand experience.

Expanding Our Team and Office Space

Over the past year, the Breathe Life team has more than doubled from 15 to 35 as the company aggressively pursues its mission of bringing financial security to all people, whoever and wherever they are. This includes expanding the company’s sales operations, engineering, data science, and product teams. The rapid growth in headcount necessitated a move to larger office space in July, and the Breathe Life team is still scaling up. For more information on open positions, please visit: https://boards.greenhouse.io/breathelife.

Concluded Jeffrey: “There is a seismic shift underway in the insurance industry as more carriers recognize the benefits of partnering with technology experts to solve business-critical challenges. The Breathe Life Enterprise Commerce Platform is proven to help increase life insurance sales while decreasing costs by leveraging data and analytics. We’re committed to partnering with industry incumbents to ensure that everyone wins, especially consumers.”

About Breathe Life

Breathe Life is helping protect families around the world by transforming the way personal insurance is bought and sold today. The API-driven Breathe Life Enterprise Commerce Platform is the only one in the insurance industry that is 100 percent focused on delivering new business, using advanced analytics and AI to unify customer data into a single view of the customer and dispatch leads to the right channel with the right insurance product at the right time. Using the Breathe Life platform, carriers can sell more policies through advisors, direct, or anywhere in between. Breathe Life is venture-backed by Diagram Ventures, Real Ventures and a variety of industry-renowned angel investors. Learn more about Breathe Life at breathelife.com or on our Facebook, LinkedIn, and Twitter.

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Business: Executives

PerformLine Releases Report With Risk Signals from CFPB Complaint Database to Help Financial Institutions Improve Regulatory Compliance Efforts

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We’re excited to release yet another report that empowers companies to identify risk signals and avoid costly penalties and settlements.


MORRISTOWN, N.J. (PRWEB)

PerformLine, the leading technology company that empowers organizations with a first-line of defense compliance solution, has released the 4th edition of it’s Complaint Risk Signal Report, an analysis of data from the Consumer Financial Protection Bureau’s (CFPB) Consumer Complaint Database and their enforcement actions from July 2011 to August 2019. The report uncovers observations about the nature of recent complaints and how the CFPB uses them to help guide regulatory actions. Its purpose is to help financial institutions understand their risk and improve their regulatory compliance efforts, customer experience and overall operational effectiveness.

The Fall 2019 Complaint Risk Signal Report dives into several trends regarding consumer complaints, the potential amount of monetary liability based off of various complaint thresholds, what happens to submitted complaints, top issues surrounding each financial product, how quickly companies are responding to complaints and the outcomes of company responses.

“We’re excited to release yet another report that empowers companies to identify risk signals and avoid costly penalties and settlements,” says Alex Baydin, Founder & CEO of PerformLine. “Understanding the nature of consumer complaints provides a competitive edge for those companies who monitor them. This report serves as a valuable tool by highlighting important trends and insights around consumer complaints so that companies can be proactive in their compliance programs.”

Richard Cordray, former Director of the CFPB, discussed the importance of utilizing information and data to help mitigate risk during COMPLY, the Compliance and RegTech Conference held each year in May, by saying “Customer feedback, litigation, regulatory oversight, both supervision and enforcement and the sheer data on how your business is fairing and what the trends are—these are all valuable building blocks for sensing the risks you face in compliance.”

Also during COMPLY2019, several State AGs discussed the importance of consumer complaints for detecting and mitigating risk. “When I was at the CFPB, complaints factored heavily into the enforcement actions that we brought,” says Chris D’Angelo, former CFPB Associate Director of Supervision and current Chief Deputy Attorney General for Economic Justice at the Office of the New York State AG. “I think businesses do themselves a real disservice if they don’t pay attention to [the complaints] we’re sending them. Compliance people should really be on top of that,” says Sam Mirarchi, Senior Deputy Attorney General of Pennsylvania.

For more trends and insights from the Fall 2019 Complaint Risk Signal Report, download here.

Companies can find PerformLine at the Online Lending Policy Summit on October 23, Money20/20 October 27-30 or at American Banker’s RegTech Conference 2019 November 12-13 to request a hard copy of the report.

ABOUT PERFORMLINE

PerformLine is the only multi-channel compliance solution that empowers leaders with a first-line of defense solution to mitigate risk across major consumer touchpoints: digital, voice, chat, email and social. By combining scalable tools and intelligent automation into one integrated platform, PerformLine creates a clear path to discover, monitor, act on, and mitigate regulatory risk and ensure brand safety.

The PerformLine SaaS platform features full workflow capabilities, real-time analytics, remediation, and monitoring while providing clients with significant time and cost savings by automating compliance activities across channels and departments. For more information, visit http://www.PerformLine.com or follow PerformLine on Twitter and LinkedIn.

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Business: Executives

Raymond DeZenzo Joins Senior Leadership Team at STACK Construction Technologies

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https://www.prweb.com/

Ray DeZenzo

“I’m looking forward to working with, inspiring and building another world-class team focused on bringing cutting-edge SaaS solutions to market to better the lives and businesses of our customers.”


CINCINNATI (PRWEB)

STACK Construction Technologies is pleased to announce the addition of Ray DeZenzo to their executive leadership team, filling the roles of Chief Operating Officer and Chief Financial Officer. Most recently serving in these same capacities at Newforma, another top player in the Construction Technology space, DeZenzo brings with him more than 25 years of highly successful operating and finance experience.

In his new role, DeZenzo will lead all business operations including the sales, marketing, customer success, finance and administrative functions. As a senior member of the executive team he will report directly to STACK Founder and CEO, Phillip Ogilby.

“We are thrilled to add Ray to our team. His track record for driving real efficiencies and operational improvements that directly impact the top and bottom lines is precisely what we were seeking in an executive of his caliber. With his leadership, I’m more confident than ever that STACK is poised to continue solving problems for our construction industry customers and driving meaningful growth for their businesses and ours,” commented Phillip Ogilby.

“It’s exciting to jump into such an ambitious and thriving team and culture here at STACK,” DeZenzo reflected. “I’m confident that my time and success in the Construction Technology world thus far has well equipped me to make meaningful impact on our growth initiatives. I’m also looking forward to working with, inspiring and building another world-class team focused on bringing cutting-edge SaaS solutions to market to better the lives and businesses of our customers,” DeZenzo concluded.

In his previous leadership roles, spanning more than three decades, DeZenzo has proven to be an innovative, out-of-the box thinker with a keen eye for identifying and capitalizing on new opportunities. He believes strongly in recruiting top talent and influencing performance through mentorship and by driving to a common objective. These qualities, along with his partnership strategy and negotiation skills will no doubt be put to great use as STACK forges ahead in an industry with ample opportunity for technology adoption and streamlining key processes in the preconstruction sector.

About Stack Construction Technologies

STACK Construction Technologies is the industry’s leading cloud-based software solution for preconstruction professionals. It provides a centralized hub where plans, specs and other construction documents can be stored, evaluated, measured and shared with internal and external project stakeholders. Founded and headquartered in Cincinnati, OH, STACK delivers intuitive and innovative software for thousands of subcontractors, general contractors, suppliers and manufacturers to ultimately improve the project’s outcome and profitability. STACK’s solution powers seamless plan and document management, real-time team collaboration and a more efficient digital takeoff and estimating process. For more information or to see how STACK software is helping preconstruction teams to gain visibility, insight and alignment throughout the bid process, visit http://www.stackct.com.

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Business: Executives

CABEM Technologies Taps Mark Overington as SVP Sales and Marketing

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Mark Overington CABEM Technologies

“CABEM is unique in that they have a very powerful and robust learning management platform… I am excited to join the CABEM team and look forward to taking the company through its next phase of growth.” -Mark Overington


BOSTON, Mass. (PRWEB)

CABEM Technologies, a leading developer of custom and learning management software, today announced that software industry veteran Mark Overington has joined the company as Senior Vice President of sales and marketing.

With extensive experience leading business strategy and innovating in multiple industries, Overington and his team will be responsible for building and strengthening CABEM’s brand, supporting growth strategies, cultivating opportunities in new and existing markets, and increasing global demand for CABEM’s Competency Manager, the company’s flagship competency management software system.

Prior to joining CABEM, Overington held a number of executive positions in technology companies including President and CEO at Aframe North America, Inc. and Vice President at Avid Technology, where he led product management initiatives for the organization.

“We are pleased to have Mark on our team as he is a world-class sales and marketing executive, with experience in pre-and post-IPO companies. He brings valuable management experience from a variety of software industries including cloud and SaaS platforms,” said CABEM CEO, Jay Fredkin.

Overington is looking forward to bringing his expertise and experience to the organization, saying, “CABEM is unique in that they have a very powerful and robust learning management platform and the ability to customize a solution to meet the needs of any size and type of organization. I am excited to join the CABEM team and look forward to taking the company through its next phase of growth.”

CABEM Competency Manager is built for organizations to design actionable competency programs for their workforce and assign them to individuals based on role, location, and customized criteria. The software is flexible to allow for multiple completion methods of core competencies and skills, such as traditional test taking and Learning Management System (LMS) methods, performance assessments, certification uploads, and more. The cloud-based software is currently being used in enterprise and small businesses across multiple industries including manufacturing, construction, healthcare, and others.

To learn more about CABEM’s software services, including Competency Manager, visit cabem.com.

About CABEM Technologies, LLC

Founded in 2002, CABEM Technologies designs, builds, deploys, and maintains software applications and products for organizations that require sophisticated technology solutions. CABEM provides services to progressive nonprofit and for-profit organizations of all sizes, in a variety of industries including academia, testing, banking, identity theft, environmental, healthcare, and military.

CABEM Competency Manager, the company’s new competency management system, is designed to build competency, credentialing, and learning programs for organizations in many different industries. To learn more, visit their website.

Contacts for CABEM Technologies LLC: Alex Fredkin, Marketing Manager, at (617) 244-6609.

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