Category Archives: Business

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

Business: Insurance

Typical Penalties For Drunk Driving Or Driving While Intoxicated

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“DUI convicts can expect harsh penalties, including fines, community service or even jail time”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Compare-autoinsurance.org has launched a new blog post that explains the typical penalties applied to people caught with DUI/DWI. Besides immediate penalties, future car insurance premiums will also become more expensive.

For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/penalties-for-dui-dwi/

Each state has its own laws regarding DUI/DWI and associated penalties. The most common penalties include:


  • Jail and community service. First-time offenders with a low BAC will usually have to do community service. The situation changes, even for first offenders, when human victims are involved. In this case, the felony is likely to result in jail time for the DUI driver. The length of the jail time sentence depends on the condition of the victims. The guilty driver can expect to serve several months of jail time for minor injuries like bruises, or even many years behind the bars if the victim dies because of the accident.

  • Fines. Depending on which state the incident happened, expect fines from as low as $500 for first-time offenders in North-Dakota, and as high as $10,000 for drivers that have children on board in Texas.

  • Drug and alcohol education programs. Many states offer lesser penalties to those drivers that attend these programs. In some states, participating in a drug and alcohol education course is mandatory.

  • AA meetings. Judges may sentence DUI drivers to participate in this type of meetings, depending on their cases.

  • License suspension. The majority of states will suspend a driver’s license if they fail a breathalyzer test. The suspension time vary from state to state, and it can be as low as one week to as much as one year in Georgia. Factors like, first-time offense, multiple DUI convictions, or the severity of the offense are considered when a license is suspended.

  • Ignition interlock device. In some states, the judges can order for an ignition interlock device to be installed in the cars of multiple offenders. This device works like a breathalyzer that doesn’t allow the car engine to start if the driver’s BAC is above a certain level.

  • Expensive premiums. Car insurance rates will double, or even triple. And that’s in the best case. The insurance provider can drop coverage, or it will simply not renew your policy. DUI convicts are considered a high-risk driver for the insurance companies and at least three years.

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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Business: Executives

Lotus Foods Names Andrew Burke President/COO

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“It’s an exciting time at Lotus Foods and we couldn’t be more thrilled to bring Andrew onto the leadership team as we look ahead to the next 25 years.


RICHMOND, Calif. (PRWEB)

Lotus Foods, the leading heirloom and organic rice and rice ramen company, has hired Andrew Burke as President/COO. The position is the first C-level hire in the history of Lotus Foods, which will celebrate its 25th anniversary in 2020. Co-Founders & Co-CEOs Caryl Levine and Ken Lee will remain in their roles and continue to act as the company’s visionaries.

Burke will partner with Levine and Lee on the strategic vision for Lotus Foods to drive future growth. In the newly created role, Burke will have direct oversight of all aspects of the company’s operations, supply chain management, finance, marketing and sales functions. Burke brings decades of leadership and relevant industry experience having been CEO of TCHO Chocolate, where he led a new corporate strategy with the goal of efficiently scaling the business, and holding prior senior roles at E&J Gallo Winery, Diamond Foods and Nature Box.

Levine and Lee will begin to devote more time to their mission-related endeavors including expanding the number of rice growers using System of Rice Intensification (SRI) farming techniques to reduce water usage and carbon emissions while supporting the livelihoods of family growers, who are mainly women. They will also be increasing their work with OSC2, the Climate Collaborative, Regenerative Organic Certification, as well as the B Corp Collectives #WeTheChange, and The B Corp Climate Collective.

“It’s an exciting time at Lotus Foods and we couldn’t be more thrilled to bring Andrew onto the leadership team as we look ahead to the next 25 years,” said Caryl Levine and Ken Lee. “Andrew’s ability to lead teams and identify growth opportunities together with his collaborative style makes him an ideal fit. The shift will allow us to have more time to fuel our passions to fight climate change and support women worldwide. We started Lotus Foods as a way to celebrate good food while also making a difference in the world and this is the next step in fulfilling both of those goals.”

For more information visit Lotus Foods online and follow on Instagram, Facebook and Twitter.

About Lotus Foods

Since 1995, Lotus Foods has partnered in direct and fair trade with small family farmers around the world who are growing rice more sustainably while preserving rice biodiversity. Lotus Foods’ product line includes pigmented heirloom and organic rice varieties such as Forbidden Rice®, Jade Pearl RiceTM, Red Rice, traditional Basmati and Jasmine Rice and Tricolor Rice as well as Rice Ramen, Arare Rice Crackers, Pad Thai Rice Noodles and Rice Ramen Noodle Soup Cups. Products are available at major retailers throughout the US and Canada including Whole Foods, Costco, Wegmans, Target and Amazon.com. As a certified B Corporation, Lotus Foods is committed to “Changing How Rice Is Grown around the World” by focusing on rice grown using the System of Rice Intensification (SRI), which we call More Crop Per DropTM. SRI minimizes water usage, improves soil health, increases yields, empowers women, and reduces methane emissions.

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Business: Insurance

PX Launches First Objective Quality Score for Lead Buyers to Assess and Optimize Sources

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https://www.prweb.com/

PX

It makes it that much clearer for buyers to see where they have opportunity. And it gives publishers insights into how their leads are performing in the market.


NEW YORK (PRWEB)

PX, the leading marketing technology platform to automate and manage customer acquisition, today announced the launch of Source Quality Scoring, an advanced engine that provides the first objective quality score on sources for lead buyers to assess and optimize where to find new customers. The feature is now available to all marketers buying leads through PX.

Source Quality Scoring is an expansion of PX’s lead scoring algorithms that were granted a patent in 2017, as a system to enhance a marketplace by creating independent quality scores. By adding additional dimensions that are specific and customized to each buyer and seller, PX can now deliver an objective quality measurement that continuously adapts itself to conditions and provides each buyer with quality scores on the sources they’re using — and the sources that are available to them.

“This is among our biggest steps forward as we continue to change the industry and the way marketers find new customers,” said Bas Offers, Co-founder and COO of PX. “It makes it that much clearer for buyers to see where they have opportunity. And it gives publishers insights into how their leads are performing in the market, helping them to get the most value possible for them.”

Each individual source is rated on a 6-point scale, from Excellent to Poor. The score itself is made more objective and trustworthy, because it reflects a view of the entire customer acquisition process, which is dynamic, and adjusts in real-time the myriad factors that can affect a score.

As with the rest of PX, it enhances available marketplace data with a buyer’s sales disposition data across the ecosystem of supply and demand, using that to determine if, in fact, a source is delivering leads that ultimately become customers. The machine learning technology then dices and slices that entire process, weighting different factors at different times, to ultimately generate quality scores for more than 500 publisher sources and 25,000 sub-sources within PX.

Among the dynamic measurement factors that contribute to the Source Quality Score:

Vertical Industries: Sources are measured based on their ability to deliver in a specific vertical.

Campaign Goals: What are the buyer’s specific goals? Does a source help the buyer to reach them?

Maturity of Vertical-specific Goals: Mortgage leads, for example, may take 45-60 days to close; this factor must be treated differently than a vertical industry with shorter sales cycles.

Gradual Importance: The PX algorithms weight data for different stages of the sales funnel with different levels of importance.

Campaign/Buyer Mix: Each measure is based on multiple buyers for each source, so as to remain objective on quality assessment.

“We’re proud to add this feature to the platform after developing this for the last 12 months, as a means to bring buyers and sellers closer,” said Alexander van der Laan, Chief Architect of PX. “Source Quality Scoring validates our efforts to advance the customer acquisition industry through transparency, analytics and the ability to use many different data sets to achieve success for all parties in the market.”

The new feature is now seen in PX buying and optimization platform where 500+ publisher sources are available to buyers and where 30 million buyer-seller transactions happen each month.

About PX

PX is the world’s first transparent customer acquisition platform, providing a single marketplace for companies to acquire customers from hundreds of vetted and sought-after sources. The company removes the risk from customer acquisition by providing marketers with easy-to-use solutions and tools to grow and efficiently scale their customer base. PX is active in the Financial Services, Insurance and Home Services industries. Originally established in 2010, PX launched its open marketplace in 2018. Its global headquarters are in New York City, with offices Panama City, Amsterdam, and Odessa, Ukraine. For more information, visit http://www.px.com

Media Contact:

Rich Ullman

PX, Inc.

rich@px.com

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Business: Executives

Morgan Hill Partners Wins the Bronze in the 11th Annual 2019 Golden Bridge Awards for Startup of the Year

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https://www.prweb.com/

“We are honored to be named a winner by Golden Bridge Awards, recognizing our vision and execution in a very crowded and competitive Startup of the Year field,” says Jim Barnish, Managing Partner, Morgan Hill Partners.


TAMPA, Fla. (PRWEB)

Morgan Hill Partners, an integrated partnership of expert entrepreneurs and operators, has earned the prestigious Bronze status in the Golden Bridge Awards® for Startup of the Year. The coveted annual Golden Bridge Awards program encompasses the world’s best in organizational performance, innovations, products and services, executives and management teams, women in business and the professions, innovations, best deployments, product management, public relations, marketing, corporate communications, international business, and customer satisfaction programs from every major industry in the world. Organizations from all over the world are eligible to submit nominations including public and private, for-profit and non-profit, largest to smallest and new start-ups.

Winners will be honored in San Francisco on Monday, October 28, 2019, during the annual Red Carpet SVUS Awards Ceremony.

Morgan Hill Partners is an evolved operating partner service model designed for private equity firms and family offices with growth-stage portfolio companies. As strategic growth catalysts, we go far beyond traditional consultants to maximize stakeholder value. We identify growth opportunities and put strategic, seasoned operator boots on the ground alongside your team to execute and deliver data-driven, measurable results.

“We are honored to be named a winner by Golden Bridge Awards, recognizing our vision and execution in a very crowded and competitive Startup of the Year field,” says Jim Barnish, Managing Partner, Morgan Hill Partners. “This award further validates our mission to create alpha for investors using operational engineering.”

More than 160 judges from a broad spectrum of industry voices from around the world participated and their average scores determined the 2019 Golden Bridge Awards Finalists and Winners.

About Morgan Hill Partners

Launched in 2017 by seasoned entrepreneurs and startup veterans Steven Horwitz, and Jim Barnish, Morgan Hill Partners has re-envisioned the traditional management consultancy, pairing seasoned CXO-level executives with a proven Growth Playbook, to help its clients predictably and cost-effectively scale and optimize their businesses.  The firm works exclusively with tech and tech-enabled companies, ranging from pre-revenue startups in “discovery” stage through PE/venture-backed companies in “scale” stage. With ten offices across the US, Morgan Hill fundamentally changes the way advisory services are delivered, investing a portion of the firm’s fees, aligning firm performance with client outcomes. Visit us at https://www.morganhillpartners.com and join the conversation on LinkedIn, Twitter and Facebook.

About the Golden Bridge Awards

Golden Bridge Awards are an annual industry and peers recognition program honoring the best companies in every major industry from large to small and new startups in North America, Europe, Middle-East, Africa, Asia-Pacific, and Latin-America, Best New Products and Services, Best Innovations, Management and Teams, Women in Business and the Professions, Case Studies, Customer Satisfaction, and PR and Marketing Campaigns from all over the world. Learn more about Golden Bridge Awards at https://www.goldenbridgeawards.com.

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For media inquiries please contact:

Brenda Christensen

Stellar Public Relations

818-307-9942

brenda.christensen@stellar-pr.com

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Business: Insurance

Quote Selection Insurance Services announces new name, Collective:Choice

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Each of the tens of thousands of people we help every year leaves knowing that they have a highly-trained expert in their corner, at no cost to them.


WESTMINSTER, Calif. (PRWEB)

Quote Selection Insurance Services, one of California’s leading health insurance enrollers for the Covered California program, announced today that they have relaunched as Collective:Choice Insurance Solutions.

The new name, logo and brand is designed to highlight Collective:Choice’s distinct difference: our ability to combine a large team of experienced and naturally empathetic team members with access to a wide array of coverage options.

Collective:Choice’s one-to-one model, utilizing a network of offices open to the public to enable anyone seeking coverage has been widely touted and copied for their ability to deliver an unprecedented level of service and support.

“With this name change, Collective:Choice is finally able to tell the complete story behind our promise of delivering an unparalleled consumer experience,” said Collective:Choice CEO George Balteria. “Each of the tens of thousands of people we help every year leaves knowing that they have a highly-trained expert in their corner, at no cost to them.”

In addition to the name change, the relaunch features a new logo, color package and look and feel for its new offices. Collective:Choice offers free expert enrollment assistance for health, dental, vision, Medi-Cal and Medicare plans.

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Business: Executives

Fordham Real Estate Institute, Columbia University, the Counselors of Real Estate and the Real Estate Board of New York Address the Late Cycle Real Estate Playbook

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Factors impacting big cities trickle down to the suburbs and smaller markets. As we look ahead to 2020 and beyond, we are thankful that our esteemed speakers were able to share their perspectives and strategies on how to stay ahead in the market.


NEW YORK (PRWEB)

Fordham Real Estate Institute (REI), Columbia University, the Counselors of Real Estate and the Real Estate Board of New York recently co-hosted a packed-house forum, Offense/Defense: What’s the Late-Cycle Real Estate Playbook? The breakfast panel took place on Wednesday, October 2 at Fordham’s Lincoln Center campus. At the event, leading real estate thinkers and practitioners discussed where we are in the real estate cycle, the major players on the field and ideas, perspectives and strategies for optimizing your position at this point in the game.

Following welcome remarks from Anthony Davidson, PhD, dean of Fordham School for Professional and Continuing Studies, the event began with a kick-off from Neil Madsen, principal at Madsen Advisors, LLC and member of the Fordham REI Executive Advisory Council. Next, a fireside chat with Hugh F. Kelly, PhD, director of graduate programs, Fordham REI, and president, Hugh F. Kelly Real Estate Economics, and special guest Melissa Reagan, managing director and head of research, Nuveen Real Estate, focused on how real estate investors can and should adapt their portfolio at this point in the industry cycle, including looking at opportunities outside of major cities.

“We are definitely trying to see which cities will have the biggest growth in residents over the next ten years,” said Reagan. “Millennials and Gen Xers are moving out of expensive cities. They want Brooklyn or Oakland in Charlotte or Atlanta. There are 35 ‘growth’ cities in the United States, and a smart investor will consider opportunities in these areas to strengthen their portfolio.”

“You also have to take into account what cities will be the most resilient against environmental factors, such as climate change, and which are at best poised to adapt to technology disrupters,” added Dr. Kelly. “These are all prevalent factors considered in the investment process.”

The second half of the event featured an expert panel discussion on the outlook for the late stage of the cycle and how investors can best poise themselves for success. Patrice Derrington, PhD, director, Real Estate Development Program, GSAAP, Columbia University, moderated the discussion. Featured panelists included:

  • Melissa Burch, executive general manager, Lendlease

  • Rich Walsh, head of structured lending and co-portfolio manager for the fund, New York Life

  • James Nelson, principal and head of Tri-State investment sales, Avison Young

  • Sara Queen, head of asset management and operations, Mapletree

During the conversation, the experts honed in the biggest factors impacting the industry at the moment, including transit-oriented developments, the continued struggles of retail, disruptors like WeWork and the rise of office amenities, and following employment trends to find the best opportunities to invest. And while looking outside of the city limits was a topic of discussion, the panelists all claimed that there were still bright spots in the New York market.

“If you look at the multi-family arena, cities cannot meet the need due to lack of space. You can’t accomplish all of that in the city,” said Nelson. “How is New York going to rebound? It’s the jobs. That’s the biggest driver when talking about investment opportunities. Amazon, Google, Facebook…they’re all expanding here. New York is still a good bet.”

“New York City remains the real estate capital of the world, but we would be remiss not to pay attention to the state of the industry as a whole,” said Dr. Davidson. “Factors impacting big cities trickle down to the suburbs and smaller markets. As we look ahead to 2020 and beyond, we are thankful that our esteemed speakers were able to share their perspectives and strategies on how to stay ahead in the market. We thank them, as well as our co-presenters, for a truly insightful morning.”

Offense/Defense: What’s the Late-Cycle Real Estate Playbook? was sponsored by Streamline Realty Funding. For more information on the Fordham Real Estate Institute, visit http://www.fordham.edu/realestate.

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Business: Insurance

Improve Credit Score Will Help Drivers Get Cheaper Car Insurance

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“Your credit score plays an important part in determining car insurance costs. If yours is not that great, seek to improve it”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Autocarinsurancecheap.com has released a new blog post that explains why the credit score is important for car insurance companies and how does it affect the rates.

For more info and free car insurance quotes, visit https://autocarinsurancecheap.com/improving-credit-score-will-lower-car-insurance-costs/

Every insurance company wants to be sure that the person asking for coverage will be able to pay the premiums. Usually, the credit score is the main factor analyzed. Find out more about this topic and get free car insurance quotes from http://autocarinsurancecheap.com.


  • Credit score reflects someone’s capability to manage finances. A poor credit score means that the person was not able to pay his debts, he still has debts to pay or it is late with payments. Naturally, insurance companies are reluctant when it comes to insuring such people.

  • A credit score equal to or better than 650 (FICO credit score system) means that the person is good at managing his money and debt. The risk of insuring the person goes down. Car insurance premiums also slowly go down.

  • Drivers with bad credit score should seek to improve it before renewal. There are certain ways to repair a credit score. First, ask for credit score reports. Carefully check the report and look for incorrect items and report them to cred Credit Bureau. Use balance transfer credit cards. They have an introductory period of 0% APR that will help the client consolidate credit. Financial advisors will also help people get a better credit score.

Autocarinsurancecheap.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://autocarinsurancecheap.com.

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Business: Executives

Clarity PR Launches Financial Services Practice, Global Partner Network and Adds Senior Hires to Global Leadership Team

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We have big plans to shake up the market with our fearless approach to communications and our disruptive and entrepreneurial agency model, so keep watching this space.


NEW YORK (PRWEB)

Global integrated communications agency Clarity today announced the launch of a dedicated Financial Services practice, offering full-service strategic communications services to venture capital and disruptive fintech companies. The practice, which operates globally in cooperation with the Clarity teams in New York, London and San Francisco, represents VC firms like BootstrapLabs, Piva and Scrum Ventures and fintech companies like Even and Monzo, among many others.

Leading the new practice group is Michael Celiceo as Managing Director. Celiceo is a well-respected industry veteran with over 20 years of experience working with fast-growing financial services and technology companies in Hong Kong, San Francisco, New York City, Tel Aviv and London. Joining Celiceo are Jaclyn Hartnett and Rozeta Andres, who collectively bring over a decade of experience working with financial services companies and firms in Silicon Valley and beyond.

Clarity is also announcing the appointment of Jason Stark as its new Chief Financial Officer. Responsible for driving the business’s commercial ambitions globally, Jason brings significant international expertise and M&A experience to support Clarity’s high-growth strategy and long-term ambitions. Previously, Stark held CFO roles in London, Singapore and the U.S. for companies including Media Business Insights, Danka Business Systems, YouTap and Motorsport Network.

In addition to the CFO hire, the company has appointed Jacob Whitish, formerly Vice Consul for the U.K.’s Department for International Trade in California, as its first Vice President, Global Sales and Marketing. Also a member of the British-American Business Council of Northern California’s Board of Directors, Jacob has unrivaled experience and extensive connections among the tech and business communities in the U.S., U.K. and E.U. While based in San Francisco, he will be responsible for driving business development and marketing strategy for the organization worldwide.

To strengthen its global capabilities, Clarity has also launched its new Global Partner Network, a collaboration with top independent agencies in key markets to provide account support to clients around the world:

Clarity’s growth has been spurred by significant client wins and accolades for the agency following its rebrand in early 2019.

Client Wins

  • London: Connected home insurance specialist Neos, technology career marketplace Hired and electric vehicle charging station network ChargePoint

  • New York: Email risk assessment provider Emailage, true passwordless security leader HYPR and 360° video conferencing device creator Owl Labs

  • San Francisco: Services marketplace Way.com, human-device interface innovation lab Sentons and full-stack IoT solutions provider Particle.

Industry Recognition

  • Hermes Creative Awards: Platinum honors, Television Placement (HYPERVSN, The Today Show)

  • PR World Awards: Gold honors, Achievement of the Year, Technology (Entrupy campaign)

  • Ragan & PR Daily’s ACE Awards: Honorable mention, B2B Agency

  • PR Daily Media Relations Awards: Honorable mention, Brand Messaging or Positioning (CHEQ Campaign)

  • Holmes Report SABRE EMEA Awards: Finalist, Technology: Hardware (HYPERVSN campaign)

Clarity Founder and CEO Sami McCabe said, “Clarity is committed to telling the stories of the smartest and most exciting companies around the world. By bringing exceptional new talent to the team, our new, dedicated practice area and our global partner network, we’re able to bring our expertise to more brands and achieve our ambitions faster. We have big plans to shake up the market with our fearless approach to communications and our disruptive and entrepreneurial agency model, so keep watching this space.”

About Clarity

Clarity is a global integrated communications agency focused on telling the stories of the brands that are driving change through technology. Serving clients ranging from seed-funded startups to industry titans, Clarity brings together teams of experts who solve communications challenges and drive real business results using earned, paid and owned strategies as well as proprietary technologies that push the industry forward. In addition to the company’s fast-growing offices in New York, London and San Francisco, Clarity maintains a network of partner firms for a global reach. For more information, visit http://www.clarity.pr.

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Business: Insurance

Insurance Experts Explain How To Avoid Buying A Damaged Vehicle

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“Buying a damaged car is truly problematic for any driver. There are ways to prevent that. Check our guide,” said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Autocarinsurancebest.com has released a new blog post that explains to its clients how to avoid purchasing damaged vehicles. For more info about cars and car insurance, visit the website.

Hurricanes and other extreme phenomena can cause significant damage to a car. Unfortunately, there are many persons selling flooded cars without warning the buyers about it. Of course, after discovering that the car was damaged in the past, other problems will occur. Including for car insurance. Premiums will skyrocket. To get price estimates for auto insurance, visit https://autocarinsurancebest.com/how-to-avoid-buying-damaged-vehicles/.


  • When buying a car, the first thing to do is to check what’s under the hood. Ask the car dealer or owner to open the doors, hood and trunk. Check for signs of corrosion, damage, leakage.

  • Make sure that all electrical components and systems are working properly. Water damages everything electrical. Ask for the car to be started and see if all dashboard indicators are running properly. Also check the ACU, mp3 player, safety warnings and so on.

  • Carefully analyze the chassis. Look for all sorts of stains, especially mud stains. Also pay attention to musty odors.

  • Verify all liquids. If they appear milky or there are beads of water in them. This is a clear sign of water damage. Discolored seats, seat belts or doors also indicate water damage.

Autocarinsurancebest.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://autocarinsurancebest.com.

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Business: Executives

Sustainable Investing Firm Ethic Adds Stephanie DiMarco and Jennifer Grancio to Board of Directors

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NEW YORK (PRWEB)

Ethic Inc. (“Ethic”), a tech-driven asset management platform that powers sustainable investment portfolios, today announced the addition of fintech visionary Stephanie DiMarco, and exchange-traded fund pioneer Jennifer Grancio, to its board of directors.

Ms. DiMarco is a co-founder of Advent Software, a leading provider of software and services for the global investment management industry, and served as the company’s CEO for 25 years. Under Ms. DiMarco’s leadership, Advent evolved into a global industry leader with a powerful business model. She led Advent through its initial public offering in 1995 and subsequently through the firm’s eventual sale to SS&C Technologies in 2015 for $2.6 billion.

Ms. Grancio brings almost two decades of financial services industry experience, having previously held senior executive positions within BlackRock’s venerable iShares business for more than 18 years. A member of the founding team that introduced iShares ETFs to the market, she went on to lead the firm’s U.S. and European distribution efforts, and later served as global head of marketing and partnerships for BlackRock’s index business. During her tenure, BlackRock significantly increased its sustainable investing offering. Ms. Grancio joined Ethic’s advisory board in April 2019.

“Stephanie and Jennifer are leaders in the financial services and technology industries, and we’re delighted to welcome them to our board,” said Doug Scott, co-founder and CEO of Ethic. “Both are visionaries who have built and scaled leading financial services and technology businesses. Their collective expertise and insights will be extremely valuable in helping us accelerate the transition to sustainable investing.”

“The wealth management industry is in a state of evolution. Advisors are hearing from their clients that they want portfolios aligned with their values. Clients are increasingly attuned to the impact their invested capital can have on the world,” added Ms. DiMarco, “At the same time, there is a growing necessity for advisors to offer their clients personalized investment solutions. Ethic’s platform is facilitating both of these trends. I look forward to working alongside the Ethic team as they continue to bring powerful tools and resources for sustainable investing to a broad market.”

Ms. Grancio noted: “Ethic has assembled a talented team and a dynamic platform for advisors to personalize solutions for their clients. I’m proud to be a part of the company’s journey as it continues to grow quickly to support the overall acceleration of sustainable investing.”

As members of Ethic’s board of directors, Mses. Grancio and DiMarco will provide guidance and strategic insight to help the company expand its sustainable investing offering and client base. Their appointments come on the heels of recent company highlights including a $13 million Series A raise and a partnership with Fidelity Investments. For more information, and to read the latest Ethic news, see here.

About Ethic

Ethic is a tech-driven asset manager that powers the creation of personalized sustainable solutions for wealth advisors and institutional investors. The company is backed by institutional and impact investors, including Nyca Partners, Fidelity Investments, Sound Ventures, ThirdStream Partners, 9Yards Capital, Cantos Ventures, Blackhorn Ventures, Kapor Capital, and the Urban Innovation Fund. Ethic is an SEC Registered Investment Adviser based in New York City. Learn more about Ethic at ethicinvesting.com.

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