Category Archives: Business

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

Business: Insurance

Finaeo hires Steve Henry as Chief Technology Officer

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https://www.prweb.com/

Steve Henry, CTO Finaeo

“To solve this incredibly challenging problem, we’ll need to continue adding world-class talent to our team. Steve has a unique blend of technology, go-to-market and executive experience to help take Finaeo to the next level. – Aly Dhalla, CEO, Finaeo


TORONTO (PRWEB)

Finaeo announced today that Steve Henry as joined the team as Chief Technology Officer.

Steve will be responsible for all aspects of the global product and technology organization, including platform and corporate infrastructure, business applications, product engineering and security. Steve will serve as a member of the Executive Team, reporting into Aly Dhalla, CEO and co-founder.

Founded in 2016, Finaeo is building the digital infrastructure to modernize and streamline the distribution of life and health insurance.

The archaic processes that exist in the industry today have made it difficult for insurers to scale business practices and improve the client experience. In the company’s recent funding announcement, Finaeo revealed their plans for launching a digital marketplace to help advisors streamline their workflow while enabling carriers to digitize their products and expand their market reach.

Deemed as the “Amazon of the Insurance Industry”, Finaeo’s marketplace will provide insurance advisors with direct access to carrier products, leveraging API integrations to accelerate quoting, underwriting and binding of policies using real-time data.

“To solve this incredibly challenging problem, we’ll need to continue adding world-class talent to our team. Steve has a unique blend of technology, go-to-market and executive experience to help take Finaeo to the next level. In addition, Steve is fundamentally dedicated to helping grow talent, which is a core tenant of our philosophy. We couldn’t be more excited to have Steve’s leadership and expertise on our team to help bring our vision to life.” – Aly Dhalla, CEO & Co-Founder, Finaeo.

Steve joins Finaeo from ScribbleLive, where he led the global engineering teams in his role as CTO. Parachuting into an active phase of business transformation, Steve consolidated product-engineering groups across multiple acquisitions, drove operational efficiencies, and spearheaded security and privacy initiatives across the organization.

“We are at a unique point in time where the insurance industry is at the apex of a major evolution. Finaeo is building technology to empower advisors to make data-driven decisions, enhance client relationships and improve the accessibility of insurance products in today’s digital world. It’s a very exciting challenge, and I’m thrilled to be part of the team that’s at the forefront of solving this problem”. – Steve Henry, CTO, Finaeo.

More about Finaeo:

Finaeo is a venture-backed insurtech building the digital fabric to connect and power the life insurance industry, globally. Finaeo connects insurance carriers, advisors and their clients through an integrated marketplace to streamline the “prospect-to-policy” experience. To learn more, visit https://finaeo.com/

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Business: Executives

TC Wealth Partners and Trust Company of Illinois Host Rick Mattoon, Senior Economist at the Federal Reserve Bank of Chicago

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“With social media, smart phones, Apple watches, and Fit Bits, we live a connected existence with no off switch,” says Giffin. “Given the recent uncertainty about the future of the economy, we thought it was the perfect time to bring back Rick Mattoon.


DOWNERS GROVE, Ill. (PRWEB)

TC Wealth Partners, a Chicago-area RIA, will host Rick Mattoon, Senior Economist at the Federal Reserve Bank of Chicago, at the firm’s annual conference on September 25, 2019. Mattoon will specifically address current domestic economic dynamics, the structure of the Trump tax plan, and the specific economic issues facing Illinois.

“We’re excited to have Rick Mattoon at our annual conference,” says Bill Giffin, CEO of TC Wealth Partners. “Rick brings a quantitative approach to all the confusing market signals. His expertise in the Illinois economy is especially timely.”

Whether it’s a story about a 400-point drop in the Dow Jones, the trade war with China, or the inverted yield curve and its correlation to recessions, the news can evoke anxiety in investors.

“With social media, smart phones, Apple watches, and Fit Bits, we live a connected existence with no off switch,” says Giffin. “Given the recent uncertainty about the future of the economy, we thought it was the perfect time to bring back Rick Mattoon.

“He will bring his expertise to bear not only on the national economy but also on what’s happening in Illinois since last year’s election.”

In addition to Mattoon, Tom Margulis, co-Founder and Principal of Conway Investment Research, will discuss how the market typically behaves in election years. The conference will wrap up with a presentation by Nancy Bell, Wealth Advisor at TC Wealth Partners, and Shannon L. Stevens, Trust and Estate Services Director of the Trust Company of Illinois, who will share how to become more intentional with one’s retirement years.

Open to the public, the conference will be held at Northern Illinois University’s Naperville Campus on Wednesday, September 25, 2019. Registration is required. Call Paula Brennan at 630-545-2200 or register online at https://tcwealthpartners.com/Conference/. Doors open at 2:45 PM and the program begins at 3:30 PM. The NIU Naperville Campus is located at 1120 East Diehl Road, Naperville, IL 60563.

TC Wealth Partners is an independent, fee-based wealth management firm with expertise in financial planning, investments, trust services, and corporate retirement plans. Trust services and retirement plan services are provided by the Trust Company of Illinois, a trust company chartered by the Illinois Department of Financial and Professional Regulation.

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Business: Insurance

NFP Named in Business Insurance’s 2019 List of Best Places to Work in Insurance

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“We’re honored to receive this recognition from Business Insurance, but we’re even more proud of our employees who make NFP a great place to work,” said Doug Hammond, Chairman and Chief Executive Officer of NFP.


NEW YORK (PRWEB)

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced that it has been named in Business Insurance’s Best Places to Work in Insurance program for the third consecutive year. The award recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow.

“We’re honored to receive this recognition from Business Insurance, but we’re even more proud of our employees who make NFP a great place to work,” said Doug Hammond, Chairman and Chief Executive Officer of NFP. “Our people make us who we are and will always be our greatest asset. ‘It’s Personal’ is our guiding principle, informing every aspect of how we conduct our business. This foundation has enabled us to build a ‘PeopleFirst’ culture across the company and to maintain this culture even as we experience tremendous growth. We look forward to continuing this legacy in all that we do.”

“Being distinguished by Business Insurance for the third year in a row is a fantastic validation of our strategy,” said Mary Steed, Chief People Officer of NFP. “Implementing and upholding a ‘PeopleFirst’ mindset is grounded in our hiring of talented professionals, empowering employees with the right development tools, and a resolute commitment to diversity and inclusion. The NFP family is unified by a shared set of values rooted in respect, care and collaboration. This will continue to be the cornerstone of how we work with employees, clients and prospects, vendors, and communities.”

“NFP appearing on Business Insurance’s list of the Best Places to Work in Insurance for 2019 demonstrates that NFP has built a culture in which employees are supported and engaged, which benefits their customers and the employers’ growth and strategy,” says Business Insurance Publisher Peter Oxner.

Best Places to Work in Insurance is an annual sponsored content feature presented by the Custom Publishing unit of Business Insurance and Best Companies Group that lists the agents, brokers, insurance companies and other providers with the highest levels of employee engagement and satisfaction. Harrisburg, Pennsylvania-based Best Companies Group identifies the leading employers in the insurance industry by conducting a free two-part assessment of each company. The first part is a questionnaire completed by the employer about company policies, practices and demographics. The second part is a confidential employee survey on engagement and satisfaction.

About NFP

NFP is a leading insurance broker and consultant providing customized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,400 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 6th largest US-based privately owned broker, 5th largest benefits broker by global revenue and 7th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 13th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

About Business Insurance

Business Insurance is the authoritative news and information source for executives concerned about risk and the impact on their business. With information for risk managers, insurers, brokers and other providers of insurance products and services, Business Insurance delivers in-depth analysis on new and emerging risks, case studies of successful programs, market intelligence on trends, and guidance on how to capitalize on opportunities and overcome challenges.

In addition to a monthly print magazine, Business Insurance provides essential news via its website, BusinessInsurance.com; daily and weekly e-newsletters; and breaking news via email news alerts. To subscribe, please contact Business Insurance at info@businessinsurance.com.

Best Companies Group works with partners to establish “Best Places to Work,” “Best Companies,” and “Best Employers” programs on a national, state-wide and regional basis. Through its thorough workplace assessment using employer questionnaires and employee satisfaction surveys, Best Companies Group identifies and recognizes companies that have been successful in creating and maintaining workplace excellence.

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Business: Executives

Melanie Elturk Named in Inc.’s 2019 Female Founders 100 List

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We’re determined to make hijabs Muslim women always wished they had—or the ones they never imagined were possible.


NEW YORK (PRWEB)

Melanie Elturk Named in Inc.’s 2019 Female Founders 100 List

Melanie Elturk joins the second annual list of women building America’s most inspiring businesses, along with Rebecca Minkoff, Sallie Krawcheck, Serena Williams, Audrey Gelman, Rihanna, Alli Webb, and Eileen Fisher.

Inc. announced its second annual Female Founders 100 list, honoring an influential, ambitious, and diverse group of 100 women who have transformed every major industry in America.

The final list honors entrepreneurs of every age, background and locale. These women are building and leading innovative companies in a vast range of global industries, including tech, fashion, finance, fitness, consumer products, food, and more.

“As the leading US hijab brand, we serve the hijab-wearing woman with products that elevate her hijab, and more importantly, empower her to feel comfortable and confident in her identity as a Muslim woman,” says Elturk.

Haute Hijab made headlines with their Luxury Collection, launched in early 2018, featured in Elle, Glamour, and Vogue Arabia. The next major collection was Underscarves – merging cutting-edge fabric technology with meticulous design. With this collection they spearheaded a new category of sustainability and wellness-focused hijabs.

The Heritage Collection is the most recent that fuses the brand’s vintage legacy with Islamic art elements. Currently, Haute Hijab is focused on an athletic option to rival Nike’s foray into the hijab market expected to launch in 2020. With almost a year into research and development, they understand an athletics hijab is not a one-size-fits-all approach.

“We’re creating different options depending on the level of athleticism with an emphasis on innovative textiles and sleek design. It’s not enough for us to make good hijabs; we’re determined to make hijabs Muslim women always wished they had—or the ones they never imagined were possible,” explains Elturk.

Inc. editors and writers spent the past year researching a wealth of exciting and accomplished candidates for the list. The founders selected have each made their mark on their industry in the past year, by setting audacious goals or by achieving business milestones. Taken together, they represent the female-led future of business.

“This year’s Female Founders 100 showcases the vast and diverse array of female entrepreneurship in America. From the young women whose startups are transforming financial services and tech, to veteran CEOs who have run iconic fitness and food companies for decades, these women are leading many of the most innovative businesses today,” says Maria Aspan, editor-at-large of Inc.

To see the complete list go to:

https://www.inc.com/2019-female-founders-100

Introduced in 2018, the Female Founders 100 list quickly established itself as one of Inc.’s most esteemed franchises. This year’s package includes a cover story on The Wing co-founder Audrey Gelman, who makes history as the first visibly pregnant CEO on the cover of a mainstream business magazine; and a survey, done in concert with Inc. sister publication Fast Company, of more than 600 of the world’s top female founders discussing the state of women and entrepreneurship.

Contacts: press@hautehijab.com

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Business: Insurance

Exdion Solutions launches cutting edge Insurtech solution exclusively for small agencies

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ExdionPOD LITE for small agents or small business policies leverage the same underlying technology components of our cutting-edge, AI solution ExdionPOD. Smart solutions like ExdionPOD LITE will make them stay competitive and relevant in future too


PLANO, Texas (PRWEB)

Exdion Solutions Inc, the leading Insurtech Company that helps Insurance Brokers and Agencies build a robust business using smart AI, Machine learning, cloud and other technologies, today announced ExdionPOD LITE, a cognitive-science based SaaS product. Through ExdionPOD lite, the small agent will benefit from a fast, simple and efficient way to manage their policy checking.

“We realized small Insurance brokers have a dire need for a product like ExdionPOD LITE with the right features at affordable cost”, said L S Ram, CEO of Exdion Solutions. “Today there are over 26,000 insurance agencies in the U.S and many small agencies would not check the policies due to investment or resource constraints. Even many larger agencies, who use ExdionPOD now, did not invest in checking their smaller business policies. Unfortunately, the E&O risk is heavy and agencies realize this only after it hits them. We are making it easier for smaller agencies to implement affordable & smart solution to manage policy checking through a flexible SaaS offering”

“Small agencies are an integral part of the insurance distribution business, and we are making it easy for them to leverage technology to grow their business and sustain client relationships. ExdionPOD LITE for small agents or small business policies leverage the same underlying technology components of our cutting-edge, AI solution ExdionPOD. Smart solutions like ExdionPOD LITE will make them stay competitive and relevant in future too”, said Dan Narayan, Vice President, Business Development, Exdion Solutions.

In addition to helping small insurance agencies with robust policy checking process, ExdionPOD LITE is:


  •     Fast, accurate, and scalable

  •     Mitigates E&O up to 100

  •     Customizable and E&O focused checkpoints delivered as a simple checklist

  •     Continuously evolves with business, longer term returns

  •     Manage documents across formats

  •     Real time dashboard providing policy level details

  •     Easy adoption, no disruption needed

  •     System agnostic, easy integration with AMS


For more information on ExdionPOD lite for small agencies and to start using the product, please get in touch with support@exdionpod.com

About Exdion Solutions

Exdion Solutions is a consulting and technology led transformation solution company that is helping Insurance agencies and brokers prepare for digital operations and 24/7 customer engagement. Exdion delivers transformational excellence through strategic levers that include consulting, technology, robotic process automation, artificial intelligence and data science products. Exdion Solutions not only helps Insurance agencies navigate through current business contours but help builds them as “agencies of future” using sustainable & affordable solutions.

Contacts

Dan Narayan VP – Business Development,

469-277-8184 (O) 469-331-6251 (D) | 201-904-6716 (M)

dan_n@exdion.com | http://www.exdion.com

7700 Windrose Ave, Suite G 300, Plano, TX – 75024

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Business: Executives

John McKinney Named Chief Technical Officer at LaterPay

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https://www.prweb.com/

John McKinney, CTO of LaterPay

John brings with him a deep understanding of our technology and industry but has also demonstrated the ability to work with different teams and company functions to build out efficiencies across multiple groups and disciplines, which will be essential as LaterPay continues to conquer new markets.


NEW YORK (PRWEB)

LaterPay (http://www.laterpay.net), the industry-leading platform that offers users immediate, frictionless access to content or services without requiring upfront registration or payment, has appointed John McKinney as Chief Technical Officer. As LaterPay continues to expand and scale up its operations in Europe and North America, McKinney will be responsible for managing the end-to-end development process of the company’s suite of technologies. Based in New York, he will report directly to LaterPay Founder and CEO, Cosmin Ene.

“A dynamic leader, John excels at managing his product and technology teams while also understanding the wider vision for LaterPay as a whole, and we are extremely pleased to welcome him to the team,” said Ene. “John brings with him a deep understanding of our technology and industry but has also demonstrated the ability to work with different teams and company functions to build out efficiencies across multiple groups and disciplines, which will be essential as LaterPay continues to conquer new markets.”

A well-rounded industry veteran, McKinney brings almost 15 years experience in managing diverse teams as well as shepherding companies through the evolution of web technologies. Most recently he has served as CTO of the Boston-based fintech start-up Netcapital as well as the co-founder of [opening riff], a technology investment and consulting group. Earlier in his career, McKinney co-founded Ashe Avenue Development in 2007, specializing in the development of web platforms, native applications, and experiential campaigns, and led the construction of vice.com and other properties for VICE Media. After working for a number of publishing clients, including building multiple lifestyle verticals for AOL.com, Ashe Avenue was acquired by AOL in 2015 and McKinney took on the role of VP of Engineering, AOL Core Products. He holds dual degrees in Computer Engineering and Electrical Engineering from North Carolina State University.

“LaterPay has created a truly unique and empowering industry model – one that has the potential to fundamentally change the way people perform financial transactions online,” McKinney said. “At the same time, that requires a structured and systematic approach to technical development, which is something I look forward to bringing to the team in this new role. I am very excited to be joining the company at such a pivotal moment.”

LaterPay enables publishers to convert users into subscribers at a higher rate than traditional models and helps publishers to earn revenue with single articles and time passes from readers who never will subscribe. By using LaterPay’s solution, digital publishers and service providers can simultaneously expand existing subscription models, increase paying customer bases and improve user experience.

About LaterPay

LaterPay owns patented technology for enabling micropayments without upfront registration, facilitated by the “use now, pay later” approach. This allows users to consume paid content and services on the internet with one or two clicks — without prior registration or having to pay in advance. It is only when the online tab’s $5 limit is reached that users are prompted to register and pay. LaterPay aims to empower content providers to monetize the vast space that lives between ads and subscriptions. http://www.laterpay.net

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Business: Insurance

Teen Drivers can Save Car Insurance Money if They Follow the Next Tips

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“Teens can reduce the financial burden represented by the auto insurance. Choosing the right coverage options and keeping a responsible driving behavior will help a lot”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Cheapquotesautoinsurance.com has launched a new blog post that informs teen drivers how to get affordable car insurance.

For more info and free quotes, visit https://cheapquotesautoinsurance.com/how-to-get-cheaper-car-insurance-for-teens/.

Teens are aware that insurance rates are extremely expensive. Their lack of experience behind the wheel and risky behaviors associated with age will make any insurer consider teens high-risk drivers. However, there are several ways to lower the costs.

Check if being added to a family plan is an advantageous deal. In this way, the teen may take advantage of several discounts offered to his parents. However, this idea may backfire, since some companies may rate the teen to all available vehicles, thus increasing the overall costs. It is wise to get online quotes, talk with insurance reps and compare costs.

Being a safe driver is extremely important. The first six months of driving for a teen are critical for lowering the car insurance rate. If he/her manage to keep the record clean for the first six months, the insurer may lower the costs upon renewal.

Students with good grades will receive a discount. A 3.0 grade point average or higher is enough for most insurers to be eligible for this discount that can range from five to ten percent.

This blog post describes more ways to save money on car insurance, including enrolling in defensive driving classes or letting the insurer monitor the teen’s driving habits.

For more car insurance info, money-saving tips and free online quotes, please visit http://cheapquotesautoinsurance.com.

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.

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Business: Executives

EMMA International Consulting Group, Inc. Welcomes Thomas Johnson as Their Newest Partner

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“I’m excited to be joining EMMA International – a lean, hands-on firm where the consulting focus is on results and ‘teaching the client to fish’ rather than just filling seats at the client with bodies and over-complicating their processes.”


FARMINGTON HILLS, Mich. (PRWEB)

Thomas is a seasoned life sciences industry executive with over 25 years of experience and leadership in domestic and international Quality, Regulatory and Compliance roles managing medical device, pharmaceutical / biotech and diagnostic operations. He has been responsible for the development and implementation of national and global quality and regulatory compliance programs, quality operations, and quality systems – as well as their remediation – in large and small firms. Accordingly, Thomas brings a hands-on approach with a proven track record of building infrastructure, processes, systems and teams.

With a background in diversified drug and device firms, Thomas comes to EMMA International after having served in leadership roles within Boston Scientific, Covidien, Haemonetics and Fresenius Medical Care. His breadth of product experience and oversight spans products including durable equipment, diagnostics and disposable devices; pharmaceutical products including solutions, parenterals, biologics and combination products, as well as software in both embedded and enterprise applications.

“I am pleased to welcome Tom Johnson to the EMMA International team,” said Dr. Carmine Jabri, EMMA International’s President. “Thomas brings a wealth of industry knowledge and experience across various aspects of the medical device, pharmaceutical and biotechnology business arenas. Thomas has both the technical expertise and the business development acumen that will enable our firm to further our current collaborative relationships, develop new business opportunities, and expand business growth for the Company.”

“I’m excited to be joining EMMA International – a lean, hands-on firm where the consulting focus is on results and ‘teaching the client to fish’ rather than just filling seats at the client with bodies and over-complicating their processes. I’ve been through that frustration on the industry side and I think there is real reward and value in what EMMA International is doing in the industry,” said Thomas Johnson.

Through his leadership Thomas has been enthusiastic about inspiring diverse global organizations to achieve common goals while consistently delivering material value at every level through transformational quality and continuous improvement. He holds a Bachelor’s degree in biology from Quinnipiac University as well as a Master’s in Business Administration from Norwich University.

About EMMA International

EMMA International Consulting Group, Inc. is a global leader in management consulting services, with headquarters in Farmington Hills, MI. We focus on quality, regulatory, and compliance services for the biotechnology, pharmaceuticals, and medical device industries.

For more information, visit http://www.emmainternational.com/

If you would like additional information, please contact Kira Jabri, CEO at 248-987-4497 or email at kira.jabri@emmainternational.com.

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Business: Insurance

Why Drivers Should Keep The Same Car Insurance Company?

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“Drivers can be easily tempted to switch their car insurance providers. Before doing that, drivers should carefully analyze if the switch is worth it”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Carinsuranceplan.org has launched a new blog post that presents the main reasons for drivers to stay with the same car insurance company.

For more info and free online car insurance quotes, please visit https://carinsuranceplan.org/top-reasons-to-stay-with-the-same-carrier/

Commercials that encourage policyholders to switch their insurance carrier, can be seen everywhere. Many drivers are tempted by the possibility of obtaining lower insurance rates and they consider to make the switch. However, this is not the case for all drivers. Before switching carriers, policyholders should carefully analyze what they will gain and what they will lose.

The main reasons to stay with the same carrier, are the following:


  •     Obtain renewal discounts. Policyholders should ask about this discount. Insurance companies offer small discounts for drivers that stayed loyal to them for a number of years.

  •     Safe driver discount. Insurance companies wish to keep safe drivers as their customers, as long as possible, since they tend to be cheaper to insure. Many insurance companies offer safe drivers discounts to those customers that remain accident-free for a number of years. If they switch to a new insurance provider, drivers will have to wait for several years before being eligible for a safe driver discount.

  •     Advantageous bundling policies. Bundling policies are pretty common. Many policyholders bundle their car insurance with the homeowner’s insurance. If the current insurance provider offers a great discount on the bundled policy, drivers should think twice before switching carriers.

  •     Accident forgiveness. Some insurance companies offer an option called accident forgiveness to safe drivers. Accident forgiveness will prevent the premiums paid by a driver to increase, after the first time they are involved in an accident. To earn accident forgiveness, drivers will have to drive safely for several years.

For additional info, money-saving tips and free car insurance quotes, visit https://carinsuranceplan.org/

Carinsuranceplan.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

Allen Price Joins BSI Financial Services as SVP for Sales & Business Development

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Allen’s background in financial services and the mortgage industry complements our growing business lines and our ambitious expansion plans


IRVING, Texas (PRWEB)

BSI Financial Services, a mortgage-centric financial services company, announced it has hired Allen Price as senior vice president of sales and business development to lead the company’s financial and real estate services lines of business.

Price will be responsible for growing BSI Financial’s loan subservicing, quality control, mortgage servicing rights (MSR) purchase and real estate business lines offered through Entra Solutions, an independent company recently launched by BSI Financial that combines the operations of its title and escrow, real estate and foreclosure and default services.

Price has extensive experience in both the primary and secondary mortgage markets. Prior to BSI Financial, he served as senior vice president at RoundPoint Financial Group, where he oversaw the company’s sales and strategy.

“Allen’s background in financial services and the mortgage industry complements our growing business lines and our ambitious expansion plans,” said BSI Financial President and CEO Gagan Sharma. “He also has an excellent track record of success developing business in the origination, servicing and capital markets. We are delighted to welcome him aboard.”

Price’s background includes senior vice president and national sales executive for ServiceLink’s capital markets group and as senior vice president at Nationstar Mortgage, where he led the company’s MSR and subservicing acquisitions. Earlier in his career, Price was a senior risk executive for BBVA’s residential mortgage portfolio and a senior vice president for global structured finance and RMBS trading for Bank of America.

About BSI Financial Services

Led by a seasoned team of financial industry professionals, BSI Financial Services provides mortgage servicing and special servicing, loan quality control, REO and asset management services, and life-of-loan performance reporting using advanced data analytics tools. Leveraging a 30-year performance track record, BSI Financial offers clients customized solutions using proprietary digital technology such as BSI ASSET360, an advanced form of RegTech. BSI ASSET360 provides daily reporting on loan condition using exception processing that applies 600 business rules across 10,000 loan-level data elements that are updated daily. With BSI ASSET360, clients have real-time visibility into loan status and performance, affording them choice and control.

BSI Financial is approved as a servicer by Fannie Mae, Freddie Mac, FHA, VA, the Federal Home Loan Banks and several private investors, and is approved as an issuer by Ginnie Mae. BSI Financial’s business operations are located in Titusville, PA; Irvine, CA; and Irving, TX, where it also maintains its corporate headquarters. For more information, visit http://www.bsifinancial.com.

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