Category Archives: Business

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

Blend Insurance Agency partners with Estated to improve the home buyer experience


“Once we integrated with Estated, we were able to succeed closer to a 90% rate in getting replacement cost.” – Greg Isaacs, Head of Insurance

Estated, a nationwide property data provider, has integrated with Blend Insurance Agency, a subsidiary of Blend, digital lending platform and FinTech powerhouse.

Blend Insurance Agency is building on Blend’s core services and mission to improve the homebuying experience by further removing friction from the mortgage lending process, “The more we learned about the insurance industry, the more we felt uniquely positioned to tackle this problem (delays in the application process) using our access to reliable borrower and property data captured in the application,” said Head of Insurance, Greg Isaacs.

Estated provides Blend Insurance Agency (BIA) with critical data points for calculating accurate replacement costs required to secure insurance policy quotes as part of the mortgage application process.

Greg Isaacs explains how instrumental this partnership has been for BIA,“Once we integrated with Estated, we were able to succeed closer to a 90% rate in getting replacement cost. This means the majority of customers are able to get quotes from several insurance carriers without giving us any additional information outside of the address.”

Once the property address is entered, Estated’s property data API pulls in additional structural information, such as size and age, required to assess replacement cost. By harnessing this data, Blend Insurance Agency is able to better partner with insurance underwriters to expedite accurate insurance policy offers for its customers.

In taking the step to establish BIA, Blend capitalized on the incredible opportunity gap that still exists for FinTech, InsurTech and PropTech vendors set on creating better user experiences through technology and data.

“Estated exists to offer solutions for fast-growing companies like Blend. The existing data providers have archaic technology and business practices that do not provide the flexibility or support Blend deserves/requires. We are thrilled to see our API adding value to Blend’s consumers by simplifying the homebuying process,” said Joshua Fraser, CEO of Estated.

About Estated

Estated makes accessing quality nationwide data on over 100 million U.S. residential properties simple and convenient. By providing mission-critical data, Estated ensures businesses have the information they need to build, grow and create modern digital experiences for their customers. Visit estated.com to learn more.

About Blend Insurance Agency

Blend Insurance Agency is powered by Blend, a technology platform that’s reimagining consumer lending. To learn more, visit insurance.blend.com. All insurance services are provided by Blend Insurance Agency, Inc.

Estated Media Contact:

Meredith Olsen

meredith@estated.com

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State Bar of Nevada Taps Member Benefits, Inc to Run Their Health Benefits Marketplace


Member Benefits, a national leader in association benefits and private health exchanges, has announced their appointment as the exclusive provider of a private health insurance marketplace for members of the State Bar of Nevada.

Members will be able to shop customized benefit plans for individuals and explore group health options for law firms. The private exchange utilizes decision support technology to help members select the plans best suited for their needs.

“The State Bar of Nevada is excited to partner with Member Benefits on this insurance exchange. With health coverage on the minds of so many members, we’re pleased to be able to provide options for law firms, as well as solo and small firm practitioners,” said Kimberly K. Farmer, State Bar of Nevada Executive Director.

The State Bar of Nevada is in good company; several other state bar associations are already on Member Benefits’ client roster – including the State Bar of Texas, The Florida Bar, the State Bar of Georgia, The Missouri Bar, and the Washington State Bar Association.

Product offerings available to State Bar of Nevada members will initially include:


  • group health insurance
  • individual health insurance
  • dental insurance
  • vision insurance
  • long-term disability insurance
  • term life insurance
  • long-term care insurance
  • Medicare supplemental insurance

These offerings will be available to Bar members, and their spouses, eligible dependents, and employees.

“When we launch a new exchange, the members are often pleasantly surprised with the service model behind the exchange. In other words, it’s more than just offering quality products. Our team of in-house benefits counselors have extensive experience working with lawyer’s insurance needs and provide an enhanced customer experience to each member,” said Nick Trefry, COO of Member Benefits.

The program, titled The State Bar of Nevada Health Insurance Marketplace, will be available to members starting in October 2019.

About Member Benefits

Member Benefits is a technology-driven insurance brokerage and third-party administrator that focuses on benefit programs and insurance exchanges for member-based organizations. They specialize in the design, marketing, and administration of programs for employer groups, associations, affinity groups, and franchises. The company has office locations in Jacksonville, FL and Austin, TX.

About The State Bar of Nevada

The State Bar of Nevada is a public corporation that operates under the supervision of the Nevada Supreme Court. The state bar regulates attorneys in Nevada and provides education and development programs for the legal profession and the public. The state bar has two office locations in Las Vegas and Reno and supports a staff of about 50 people who perform a wide variety of services.

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Allstate Insurance Company Files $1.6 Million Healthcare Fraud Lawsuit Against Four Pharmacies, Five Professional Medical Corporations, and their Owners


Without the support of lawmakers, incidents of fraud will continue to increase. We need to work together this legislative session to fix the broken no-fault system.

Allstate Insurance Company is seeking to recover more than $1.6 million from 19 New York area defendants. Since 2003, Allstate has filed 88 fraud lawsuits in New York State seeking more than $330 million in damages.

The complaint was filed in the United States District Court for the Eastern District of New York against the following defendants: New Century Pharmacy, Inc., Refill Rx Pharmacy, Inc., My Rx Pharmacy, Inc., Direct Rx Pharmacy, Inc., Eduard Aronov, Katrin Matatov, Alexander Sharafyan, Boris Kandov, Rafo Yaguda f/k/a Rafail Yagudayev, Mani Ushyarov, D.O., Amr A. El-Sanduby, M.D., Jean-Pierre Georges Barakat, M.D., Tomas M. Pattugalan, Jr., M.D., Rafael Antonio Delacruz-Gomez, M.D., First Class Medical, P.C., NY Medical Arts, P.C., Richmond Medical Care, P.C., GONY Medical Services, P.C., and Life Health Care Medical, P.C.

Allstate alleges that New Century Pharmacy, Inc., Refill Rx Pharmacy, Inc., My Rx Pharmacy, Inc., and Direct Rx Pharmacy, Inc., and their owners, Eduard Aronov, Katrin Matatov, Alexander Sharafyan, Boris Kandov, and Rafo Yaguda f/k/a Rafail Yagudayev, took advantage of New York’s No-Fault laws by producing and dispensing compounded topical pain medications and other drugs in violation of New York law. Allstate also alleges that First Class Medical, P.C., NY Medical Arts, P.C., Richmond Medical Care, P.C., GONY Medical Services, P.C., and Life Health Care Medical, P.C., and their owners, Mani Ushyarov, D.O., Amr A. El-Sanduby, M.D., Jean-Pierre Georges Barakat, M.D., Tomas M. Pattugalan, Jr., M.D., and Rafael Antonio Delacruz-Gomez, M.D. violated New York law by prescribing medically unnecessary medications, and by fraudulently providing and billing for evaluations and tests that were medically unnecessary, falsely charged, and not provided in the manner represented. Allstate further alleges that the pharmacies and the medical providers conspired together during the course of this scheme to prescribe, produce, dispense, and deliver compounded topical pain medications and other drugs that were medically unnecessary, not uniquely tailored to each patient’s needs, and falsely charged.

According to the Insurance Information Institute, no-fault fraud is costing New Yorkers millions of dollars year-after-year. “In essence, honest hardworking New Yorkers are paying a “fraud tax,” said Christina Kelly, Allstate New York spokesperson. “We need lawmakers to enact meaningful insurance reform that puts the citizens of New York first.”

Allstate is joined by other insurers and many New York State leaders in its pursuit for comprehensive reform of the no-fault system. “The no-fault system is being exploited and responsible citizens are the victims,” Kelly said. “Without the support of lawmakers, incidents of fraud will continue to increase. We need to work together this legislative session to fix the broken no-fault system.”

Case Number: 1:19-cv-5702

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Blockchain Logistics Platform dexFreight Appoints Jim Handoush President and CEO


https://www.prweb.com/

Jim Handoush brings to dexFreight a strong track record in technology, transportation and logistics industries

I look forward to bringing dexFreight’s vision to supply chain stakeholders and to having a positive impact on transportation and logistics operations in markets around the globe

dexFreight, providers of a decentralized, blockchain-based logistics platform, today announced that Jim Handoush will serve as its President and CEO. In his new role, Handoush will focus on strengthening and expanding the use of dexFreight’s technology.

“dexFreight is shrinking the gap between shippers, carriers and brokers by continually developing its blockchain solution and tools that reduce costs, improve productivity and increase revenue and profitability,” Handoush said. “I look forward to bringing dexFreight’s vision to supply chain stakeholders and to having a positive impact on transportation and logistics operations in markets around the globe.”

Jim Handoush brings to dexFreight a strong track record in technology, transportation and logistics industries building high-performance teams and leading complex organizations with Fortune 500 customers. Previously, he served as the Executive Vice President of Transportation and Logistics Solutions at Optym, a global software development leader that provides optimization solutions to transportation companies; and held multiple executive roles in Landstar System, Inc, a worldwide, asset-light provider of integrated transportation management solutions.

With the appointment of Jim Handoush as President and CEO, dexFreight CEO and co-founder Rajat Rajbhandari will assume the role of Chief Information Officer and focus on market research and fostering relationships with governmental and academic institutions.

“When we founded dexFreight in early 2018, we understood its enormous potential and knew that we would need leaders with a deep background in scaling and running multi-billion dollar companies,” Rajbhandari said. “As our technology continues to mature, the timing is perfect for someone like Jim Handoush to step in and take the helm. His keen interest in innovation and deep experience will drive our growth in the coming years.”

About dexFreight

dexFreight is a decentralized, blockchain-based logistics platform that allows shippers, carriers and other supply chain stakeholders to transact and collaborate more efficiently, transparently and securely. For information, visit http://www.dexfreight.io.

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Prime Care Technologies Enhances primeVIEW Application for Post-Acute Providers with Mobile, plus PDPM and Five Star Staffing Prediction


Prime Care Technologies, Inc. today announced the release of an iOS and Android mobile app, along with new predictive tools for its primeVIEW application. The company’s cloud-based business intelligence application for post-acute care integrates EHR data, labor, accounts receivable, satisfaction scores, hiring, Five-Star quality ratings and more.

“Our HIPAA-compliant mobile app extends access to our powerful KPI dashboard, enabling users to see variances, census, budget, admissions, and staffing information on the go,” noted Cheryl Field, Chief Product Officer. “They’ll also be able to access information at the resident level, with full incident descriptions, including code status, location, personal contacts and more.”

The primeVIEW application also now forecasts PDPM revenue opportunities, as well as an organization’s CMS staffing star, based on Payroll-Based Journal (PBJ) reporting, acuity and census.

“Our primeVIEW PBJ star forecasting allows administrators to predict how today’s staffing will impact future Five Star ratings.” Field continued, “Providers can also view the six PDPM revenue components and relative revenue for each patient in an intuitive timeline, helping balance revenue with costs, while monitoring quality outcomes. We are excited to reveal primeVIEW’s new functionality at AHCA this month, and offer a demo of the mobile app to attendees, revealing its power and portability for busy SNF operators.”

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About Prime Care Technologies

Since 2003, Prime Care Technologies has equipped long-term care providers with flexible hosting, managed services and cloud software that evolve with industry demand. Based in Atlanta with 150 employees and 200+ healthcare/IT partnerships, its technology-driven solutions are installed in 6,500+ facilities. With deep multi-vendor interoperability expertise, including the integration of 70+ healthcare applications and 3,500+ EDI payers, Prime Care Technologies offers the leading data warehouse and claims clearinghouse in post-acute care.

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JSM & Associates Recognized as One of Central Florida’s Top Privately Held Companies


“We are honored to be recognized once again by the Orlando Business Journal. Central Florida is our headquarters and offers many opportunities for an expanding company. We again look forward to continuing to work with the OBJ for many years to come as we execute our strategic plan for future growth,

JSM & Associates (JSM), a leading Baggage Handling System (BHS) Design, OAR and Operations/Maintenance firm, is pleased to announce it was recently recognized as a Golden 100 company by the Orlando Business Journal. For more than 30 years, OBJ has recognized Central Florida’s top privately held companies, which have helped to sustain the region’s economy and growth, while fostering a welcoming environment for business newcomers.

This award would not be possible without the support and dedication of our design and operations/maintenance teams who exceed our airport customers’ expectations daily.

Established in 2008, JSM’s value is derived from our experienced and knowledgeable employees as well as, our management team’s vision in providing our airport clients with proven BHS technology, custom solutions, system analysis expertise and empowered site management.

JSM continues to provide its airport clients modern, innovative and cost-effective BHS Design, Consulting, Owners Authorized Representatives (OAR), and Operations / Maintenance services. With our continued growth, we value long-term relationships over short-term gains while maintaining a flat organizational structure.

In addition to the Golden 100 recognition, JSM has also received accolades for being named one of the 50 fastest growing businesses in Central Florida also by the Orlando Business Journal.

“We are honored to be recognized once again by the Orlando Business Journal. Central Florida is our headquarters and offers many opportunities for an expanding company. We again look forward to continuing to work with the OBJ for many years to come as we execute our strategic plan for future growth,” said John Majewski, President of JSM.

A premier BHS designer and Operations / Maintenance provider of Baggage Handling Systems and Passenger Boarding Bridges for the United States and Caribbean markets, JSM’s attributes include:

  • An experienced Owner’s Authorized Representative fiercely advocating on behalf of our clients
  • TSA Testing Experts / TSA PGDS Expertise
  • Individual carrier systems (ICS) Technology Experience
  • A trusted BHS & PBB, Operations and Maintenance provider
  • The consummate BHS consultant – doing the right thing for our clients


JSM – Designed For The Future, Maintained For Performance – To learn more, visit https://www.jsmandassociates.com

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autopom! Now Offering Car Warranties That Include Breakdown Coverage


autopom! in Lake Forest, CA is now offering Vehicle Protection Plans that include roadside assistance and nationwide breakdown coverage. Roadside assistance services from autopom! and their providers ensure that drivers have a vehicle backup and a mechanic’s assistance if a car breakdown leaves them stranded or interrupts their scheduled plans.

“We call this automotive peace of mind,” explains Mike Jones, president and CEO of autopom!. “We never want drivers to worry when they’re on their way to work, to school, or on vacation.”

Like an extended car warranty, a Vehicle Protection Plan helps cover the steep costs of car repairs. Vehicle Protection Plans with roadside assistance and breakdown coverage from autopom! start at $1,488 for California drivers (Asian & domestic models). Meanwhile, plans start around $2,500 in other states nationwide. Some plans include added benefits, like interest-free payment plans.

To learn more about Vehicle Protection Plans from autopom! and to request a free quote, visit http://extended-vehicle-warranty.com/ or call 1.800.724.8141.

About autopom! autopom!, LLC is a BBB accredited, A+ rated provider of vehicle protection plans for both new and used cars, as well as a licensed California agency. autopom! sells mechanical breakdown insurance in California and vehicle service contracts in most other states. When your original manufacturer warranty, extended auto warranty, or used car warranty is about to expire, autopom!’s team of licensed agents can help you find a protection plan designed to protect your vehicle and your budget. Learn more about autopom! and request a free quote by calling 1.800.724.8141 or by visiting http://extended-vehicle-warranty.com/. autopom! Insurance Services llc CA DOI Lic.#0I13220

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Former Coldwell Banker Agent Erika Demma Joins Compass Team in Woodside


Former Coldwell Banker agent, Erika Demma, has joined Compass in Woodside, California. Demma was the top producing Coldwell Banker agent in the area and in the top 1% of all Coldwell Banker agents nationwide.

WOODSIDE, CA., October, 2019 – Former Coldwell Banker agent, Erika Demma, has joined Compass in Woodside, California. Born in Portola Valley, Demma has been a resident of Woodside since 1997, when she began her career in real estate. Demma was the top producing Coldwell Banker agent in the area and in the top 1% of all Coldwell Banker agents nationwide. She joins many previous Coldwell Banker agents at Compass, the fastest growing real estate technology company in the country.

Erika Demma has successfully represented over $1 Billion in sales throughout her career, with notable sales in every price category and in each of the towns surrounding Woodside. Her diverse clientele includes long-time residents, clients who want to downsize or upsize, high-profile venture capitalists, doctors, attorneys, and private equity managers.

“She is a joy to work with,” says client Rob Chess. “Erika is everything you would want in a real estate agent. I’m not hoping to sell another house soon on the Peninsula, but if I did I would use Erika without bothering to interview anyone else. She is that good.”

Bill Lewis, Compass Sales Manager in Woodside, sees Demma as a perfect fit for Compass due to her complete dedication to her clients: “Erika is more than a sales professional; she is a relationship builder who values her connections with and loyalty from her clients. With her amazing caliber, expertise, and connections, we couldn’t be more excited to have her joining the Compass team.”

Erika Demma

http://www.erikademma.com

650.740.2970

Facebook: https://www.facebook.com/ErikaDemmaREServices/

Linkedin: https://www.linkedin.com/feed/

Instagram: https://www.instagram.com/luxrealestateservices/

About Compass

Compass is the fastest growing real estate technology company with a powerful end-to-end platform that supports the entire buying and selling workflow. We deliver an incomparable, seamless experience to both agents and their clients all in service of the Compass mission: to help everyone find their place in the world. Founded in 2012 by Ori Allon and Robert Reffkin, Compass operates in more than 100 cities. Learn more and find your place at compass.com and agents.compass.com.

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MyVR partners with Assurant to offer innovative insurance solution to short-term rentals


Damage Protection by Assurant

Damage Protection by Assurant

“Each marketing channel has their own version of protection and it was very difficult to scale across a portfolio and inconsistent across channels. We wanted our clients to be able to offer their guests and homeowners peace of mind regardless of where the booking occurred.” – Mike Stachowiak

MyVR is excited to announce a new partnership with Assurant to launch a unique, fully integrated damage protection solution, “MyVR’s Damage Protection by Assurant” designed specifically for short-term property managers and offered exclusively on the MyVR platform.

“Damage protection has evolved greatly over the last decade and we studied the various models in the marketplace and solicited extensive feedback from clients before we finalized this offering and chose Assurant as our partner,” says Mike Stachowiak, Co-founder and CTO of MyVR. “Each marketing channel has their own version of protection and it was very difficult to scale across a portfolio and inconsistent across channels. We wanted our clients to be able to offer their guests and homeowners peace of mind regardless of where the booking occurred.”

Damage protection began in the mid-2000’s amidst the height of consumer credit card fraud concern and increased charge-back risk if property managers retained a security deposit. The delicate balance of maintaining a superior guest experience while protecting the assets of the homeowner make damage waiver protection a powerful addition to a property manager’s

portfolio.

According to HomeAway, approximately 80% of guests would rather pay a small, nonrefundable fee than a large, refundable security deposit.

“Our unique offering with Assurant allows property managers to choose varying levels of protection based on the value of the home and potential replacement cost of furnishings instead of the one size fits all approach taken by other providers,” says Mike. “This allows our clients to provide their guests with the right level of coverage at a price that encourages conversion.”

Assurant, Inc. is a global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. “Usage- based vacation rental protection delivers customizable risk management solutions to make vacation rental transactions simple while giving property owners and their renters peace of mind,” said Kunal Malhotra, Vice President of Global Specialty Innovation at Assurant, “Our partnership with MyVR is another example of our sharing economy products empowering innovative companies.”

For more information, visit http://www.MyVR.com and request a full software demo today.

About MyVR

MyVR is a cloud-based software solution for short-term rental property managers. From a centralized dashboard, MyVR customers can manage 70+ premium listing sites (including AirBnB, HomeAway, Booking.com, Expedia and VRBO), launch their own direct sales channels, and automate renter communications and day-to-day workflow. MyVR’s open and extensible platform allows customers to integrate their in-house tools and connect to best-of-breed third party apps, while retaining control of their data in a centralized workspace. MyVR is backed by True Ventures, Y Combinator, SV Angel, and numerous angel investors. To learn more about MyVR, visit http://www.MyVR.com.

About Assurant

Assurant, Inc. is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases. Anticipating the evolving needs of consumers, Assurant partners with the world’s leading brands to develop innovative products and services and to deliver an enhanced customer experience. A Fortune 500 company with a presence in 21 countries, Assurant offers mobile device solutions; extended service contracts; vehicle protection services; pre-funded funeral insurance; renters insurance and lender-placed homeowners insurance. The Assurant Foundation strengthens communities by supporting charitable partners that help protect where people live and can thrive, connect with local resources, inspire inclusion and prepare leaders of the future. Learn more at http://www.assurant.com or on Twitter @AssurantNews.

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Antelope Water Management Announces Board and Advisor Additions


Antelope Water Management (“Antelope”) today announced the appointment of Cynthia A. Archer to its Board of Directors and the appointment of H.H. “Tripp” Wommack III as a Board Observer and Advisor.

Ms. Archer served as Chief Marketing Officer & Executive Vice President at Sunoco LP. She has also served as Senior Vice President of the Intermodal Business Group and member of the Executive Leadership Team at Consolidated Rail Corporation. She has been a member of the Board of Directors at Sunoco Logistics Partners LP and Mercantile Bankshares Corp. She is currently a Vice-Chair of the Bryn Mawr College Board, and a Director of The Common Application. Ms. Archer graduated with a B.A. from Bryn Mawr College and earned an MBA from Harvard Business School.

Ms. Archer said, “The quality of the sustainable water solutions Antelope Water Management has developed is matched by the quality and focus of its outstanding leadership team.” She added, “I am delighted to be a part of Antelope’s highly-focused effort to bring innovative water handling processes to market, and certain that Antelope will be a valuable partner with its clients for the long term.”

Mr. Wommack was the founder, Chairman and Chief Executive Officer of Basic Energy Services. He has served on the Board of C&J Energy Services, Inc., and continues to serve on the Board of Key Energy Services. He founded and previously served as Chairman, President and Chief Executive Officer of Southwest Royalties, Inc., and served as Chairman and Chief Executive Officer of Pyote Well Service. He is currently Chairman, CEO, and President of Warrior Technologies, LLC, which is involved in tank cleaning in the Permian Basin. Mr. Wommack graduated with a B.A. from the University of North Carolina, Chapel Hill, and earned a J.D. from the University of Texas.

Mr. Wommack said, “I am incredibly excited to be a part of the Antelope team. I have been involved in the water management business since 1980, having owned and operated over 200 saltwater disposal wells in my various entities, am familiar with all the current options for water management and logistics and I could not be more impressed by the hyper-efficient Antelope model.” Mr. Wommack added, “Antelope provides by far the best technology and process controls for water handling and coordination I have seen.”

Dustin Brownlow, Antelope CEO, said, “We are excited to have Cynthia and Tripp joining Antelope. Their executive leadership and insight in the immediate upstream and downstream sectors will greatly enhance Antelope’s vision of building a fully vertically integrated water management platform.”

Chris Kelley, Antelope COO, said, “Ms. Archer and Mr. Wommack both bring extensive operations expertise and experience to Antelope, and its mission of providing sustainable solutions to the extractive industries.”

“The appointments improve our operational capabilities and reflect our strong commitment to governance,” said Zachary Sadow, Antelope CFO. He added, “Ms. Archer and Mr. Wommack are significant additions to the team, and we look forward to growing the company while creating a positive impact in the industry with them.”

About Antelope Water Management

Antelope Water Management partners with the oil & gas and mining industries to deliver water infrastructure, treatment, sourcing and disposal services. Our water solutions are tailored to meet the evolving environmental and economic challenges facing the extractive industries. For more information, visit http://www.antelopewater.com, and follow on LinkedIn and Twitter @AntelopeWater.

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