“Andrew understands a client’s goals and challenges, and assists those clients in navigating the complex risks of listing an IPO and related D&O exposures,” said McNally.

NEW YORK (PRWEB)
October 14, 2020

NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement and individual solutions, today announced that Andrew Pendergast has joined the P&C division as a senior vice president. In this role, Pendergast will lead the special purpose acquisition company (SPAC) and general partnership liability (GPL) practice for the Merger & Acquisition Risk Solutions group at NFP.

Pendergast has been part of the specialty insurance profession for over a decade. He comes to NFP with experience forming and leading a SPAC practice and serving as a broking industry expert on the liability and exposures that SPACs face. With a focus on creating value for his clients, Pendergast excels in structuring and placing SPAC IPO and business combination insurance programs, GPL insurance programs for private equity, hedge fund and other alternative asset managers, and directors and officers (D&O) liability solutions for both public and private companies. Pendergast holds the Associate in Risk Management designation and will report to John McNally, managing director for the Merger & Acquisition Risk Solutions group.

“Andrew understands a client’s goals and challenges, and assists those clients in navigating the complex risks of listing an IPO and related D&O exposures,” said McNally. “Managing complexity requires specialized expertise, and Andrew has demonstrated an ability to help private equity funds and other sponsors manage partnership liability risks. We look forward to working with him and to introducing his capabilities to our current and future clients.”

“Andrew is a great addition to the NFP team,” said Henry Lombardi, executive vice president and head of NFP’s Property & Casualty division. “He is a leader in the SPAC, GPL and D&O insurance space, and will be a valuable resource within our Merger & Acquisition Risk Solutions group. We look forward to his contributions to our efforts to grow market share with SPAC sponsors, private equity and hedge funds, and other financial services clients.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,700 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

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

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“Pay-per-mile car insurance policies are not for everyone. However, they are an attractive option for drivers who drive a few miles per day.”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
October 13, 2020

Compare-autoinsurance.org has launched a new blog post that presents some pieces of information about pay-per-mile car insurance and its advantages.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/pay-per-mile-car-insurance-will-help-you-save-a-lot-of-money/

Pay-per-mile car insurance is a type of insurance policy that is composed of a base rate that is calculated using factors such as driver’s age, credit score, driving history, the kind of car the policyholder drives, gender and other factors, and the number of miles the policyholder drives. To calculate how many miles a policyholder drives, insurers use an in-car device that tracks the number of miles it logs each month. Drivers who are not driving at all will only pay the base rate. However, drivers who venture on the open roads will pay a monthly premium that reflects their mileage that includes a daily mileage ceiling above which the policyholder won’t be charged.

Policyholders thinking to switch to a pay-per-mile plan should consider the following:

• 
  Who should get this policy. The pay-per-mile basis on which premiums are calculated makes this policy an unattractive option for policyholders who drive a lot. For this reason, people who log a lot of miles behind the wheel are less likely to purchase pay-per-mile insurance. On the other hand, this is a great option for people living in urban areas, or for people who don’t have to use their cars that often.
• How much money drivers can save. It all depends on how many miles they drive. To check how much they can save, policyholders can get quotes from traditional auto insurance providers and pay-per-mile insurers and use their estimated annual mileage as a predictive marker in calculating how much each option might cost them.
• The differences between pay-per-mile and pay-as-you-drive policies. Pay-as-you-drive policies use a telematics device to track the driver’s driving patterns. The devices track speed, hard braking, and a few other factors to determine how much a driver is eligible to save for safe driving. On the other hand, pay-per-mile insurance is only calculated using a base rate and a per-mile rate. How recklessly a driver drives do not affect the cost of pay-per-mile insurance.
• Can it be canceled. Although policyholders can cancel their pay-per-mile policy whenever they want, many providers charge a fee when doing so. However, this fee can be waived if the policyholder switches to a traditional, unlimited miles policy.
• What it covers. A pay-per-mile policy offers the same coverage as a traditional policy. However, while a traditional policy charges a monthly premium based on factors like age, gender, car make, model, driving history, and so on, a pay-per-mile policy charges policyholders a substantially reduced base fee along with a per-mile fee that is usually capped at a certain per-day mileage limit.

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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John’s combination of leadership skills, InsurTech knowledge and financial acumen will be instrumental in helping Alera Group continue its growth trajectory for the foreseeable future.

DEERFIELD, Ill. (PRWEB)
October 13, 2020

Alera Group today announced that John Mollica has been appointed as Vice President, Business Intelligence and Transformation, effective October 12, 2020. Mollica will be responsible for overseeing Alera Group’s data and analytics strategy across the United States.

Mollica is an accomplished executive with over 20 years of experience in Financial Services, most recently serving as Head of Product and General Manager of RiskMatch, Inc., a subsidiary of Vertafore, Inc. He has a unique combination of financial, business intelligence, data analytics and business transformation experience, which he will leverage while supporting the national data and analytics strategy for Alera Group.

“We are incredibly excited to welcome John to the Alera Group team, and the experience he brings in leading the strategic deployment and execution of data and analytical solutions to progressive insurance intermediaries,” said Billy Corrigan, Chief Operating Officer of Alera Group. “John’s combination of leadership skills, InsurTech knowledge and financial acumen will be instrumental in helping Alera Group continue its growth trajectory for the foreseeable future.”

“As Vice President, Business Intelligence and Transformation of Alera Group, I look forward to working closely with the leadership team to strengthen the company’s ability to harness the power of its underlying data sources. Through this, we will provide data-backed insight to our firms that will fuel continued growth and transformation,” said Mollica. “I have had the opportunity to work closely with the Alera Group team over the past three years, and have been hugely impressed with the progress they have made in a short time, and the quality of the brand it has already established. I look forward to working collaboratively with our sales teams, business line Practice Leaders and shared services teams to support our ongoing growth.”

Mollica will be based out of Norwalk, Connecticut. He joins Alera Group as the latest member of an industry-leading team of professionals across the United States. For more information about Alera Group, visit http://www.aleragroup.com

About Alera Group

With over 80 locations across the country and nearly 2,000 teammates, Alera Group works together to deliver solutions in employee benefits, property and casualty, retirement services and wealth management. Built on a unique model of collaboration, Alera Group is now the 17th largest independent insurance agency in the United States. For more information, visit aleragroup.com.

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IGI Partners with Zillion for 1-Click Savings on Jewelry Insurance

“Zillion brings an unparalleled modern insurance offering through its technical prowess and backing by insurance giant AXA XL.”

NEW YORK (PRWEB)
October 13, 2020

The International Gemological Institute (IGI), one of the world’s premier diamond, gemstone and jewelry laboratories, has partnered with leading InsurTech, Zillion, to offer 1-Click personal jewelry insurance with preferred rates and a one-of-a-kind customer experience at the point of sale or service. The partnership benefits those who purchase IGI services and is another step in both organizations’ unique and innovative approach to serving the jewelry industry.

Consumers who purchase IGI’s Registration & Recovery service receive Zillion’s special offer of jewelry insurance with reduced rates and hassle-free insurance protection through a modern and easy process. Additionally, retail jewelers benefit as their customers realize the power of immediate coverage and savings with no forms and no upfront payment.

The combination of Zillion’s robust technology platform and IGI’s dedication to the recovery of lost jewelry makes for a customer experience like no other — whether in-store, through eCommerce or while visiting one of IGI’s 18 laboratory locations.

“Zillion brings an unparalleled modern insurance offering through its technical prowess and backing by insurance giant AXA XL,” said Scott Friedman, IGI’s director of business development. “We share the belief that customers need instant security through a simplified process, and consumer confidence is of the utmost importance. Services like jewelry registration, recovery and insurance are essential for today’s customers, and IGI and Zillion make securing jewelry purchases effortless for shoppers and jewelers, alike.”

“We are excited to partner with IGI to offer a convenient and unique opportunity for jewelry protection, with an added advantage of savings,” said Adam Black, managing director of Zillion. ”IGI and Zillion have innovated to take the stress away from jewelry purchasers through insurance and Registration & Recovery, and are deeply dedicated to helping partner jewelers expand customer care. Together, we meet the preferences of today’s consumers.”

About IGI

The International Gemological Institute (IGI) operates 18 laboratory locations around the world grading finished jewelry, natural diamonds, lab-grown diamonds and gemstones – and 14 schools of gemology graduating thousands of new jewelry professionals annually. For over 45 years, IGI has provided the fine jewelry community and consumers with a broad range of services including independent diamond grading reports, colored stone reports, identification and appraisal reports, diamond authentication and attestation of origin, laser inscription services, as well as the issuing of the traditional jewelry identification report. Regardless of location or marketplace, an authentic IGI Laboratory Report is the common language of trust and confidence in the gemological world.

About Zillion

Zillion (myzillion.com) is an InsurTech company reinventing personal jewelry insurance by providing 1-click insurance at point of sale, in seconds, right from a smartphone or eCommerce cart. In partnership with leading point of sale and eCommerce solutions, Zillion’s technology platform helps jewelers increase their service value to customers by enabling immediate insurance protection. Customers can now “wear their jewelry with confidence” knowing they are protected. Zillion’s insurance customers are backed by insurance giant AXA XL, rated A+ Superior by A.M. Best.

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RefiJet- Auto Refinance

Auto Finance Innovators Forum will address industry data trends, recommendations for lending in the “new normal,” and technology that powers the most innovative auto lenders.

DENVER (PRWEB)
October 13, 2020

Lightico, a real-time customer collaboration platform, has invited Reid Rubenstein, Managing Partner and Founder of RefiJet, to participate in its Auto Finance Innovators Forum 2020.  This webinar, being presented on 10/14/20 at 12:00 PM Eastern time, focuses on innovations that can help auto lenders adapt to an ever-changing market landscape.  Click here to register.

The program is specifically designed for lenders and finance companies that rely on leading-edge technology for efficiency, compliance, and portfolio growth.  It will address industry data trends, recommendations for lending in the “new normal,” and technology that powers the most innovative auto lenders.  

“I’m pleased to be recognized as an innovator in lending technology,” says Reid Rubenstein, “and honored to share some of the expertise we have gained.  Our perspective is unique as we have used industry-leading technology vendors as well as developed our own proprietary application processing system.”  Reid will be sharing tips on evaluating your technology needs, identifying best practices in vendors providing technology and technology-based services.

Since 2016, RefiJet has partnered with multiple lenders to offer consumers the ability to obtain a new auto loan with lower monthly payments, lower interest rates, and better loan structures.  With a quick call, multiple options can be evaluated all at once through RefiJet’s industry-leading technology.  Because the program includes multiple lenders, consumers can feel confident they will get the best options for their individual situation and needs.  Consumers can access RefiJet’s call center by completing a simple contact form online at RefiJet.com.  Lenders value working with RefiJet due to the customized, compliant, and comprehensive program that generates the specific type of refinance loans that meet the Lender’s criteria and interfaces seamlessly with the Lender’s technology.

About RefiJet

A Denver, Colorado-based company, RefiJet provides a nationwide vehicle loan refinance program for consumers across different credit tiers who want to refinance to lower a monthly payment, lower the interest rate, or get a better loan structure.  It works with a variety of lenders, so it specializes in offering consumers the best deal for which they qualify.  For more information, visit RefiJet.com.  

About Lightico

Lightico offers a platform for digital customer interactions empowering businesses to collect forms, documents, e-signatures, photos, payments, consent to disclosures, and ID verification. 

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“Getting online quotes is faster and more effective than calling various agents”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

LOS ANGELES (PRWEB)
October 12, 2020

The internet has revolutionized the way in which prospective policyholders shop for auto coverage. Specialized websites offer online estimates, usually for free. Using online quotes provides the following advantages over phone quotes;

• 
  Online quotes save time. Getting price estimates via phone can be very time-consuming. The caller must wait until someone from call center picks up the phone and redirects the call to the appropriate agent. After that, the actual call with the agent can last around 15 minutes. The potential client has to answer to several questions and wait until quotes are determined. And that just for a single quote.
• Clients will avoid pressure and cunning sales strategies. Getting estimates online removes the pressure a driver may feel when talking with an agent. Pushy agents will try to convince people to buy their offers or add unnecessary coverage, just to pay more.
• Get access to multiple quotes at once. Users who choose brokerage websites will get access to multiple estimates displayed on a single web page. The search engine will match the input details with existing offers. Getting multiple quotes via phones meant calling multiple agents and repeat the same details every time.
• Get price estimates anytime, anywhere. Users do no longer have to wait for an agent to be available. All they need is an internet connection, a tablet, telephone, notebook, or any internet-connected device that can display data. They can online quotes from anywhere and anytime. Online quoting is the solution for those persons that have busy lives.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

For more information, please visit https://compare-autoinsurance.org

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NEW YORK (PRWEB)
October 12, 2020

NFP, a leading insurance broker and consultant providing employee benefits, property and casualty (P&C), retirement and individual solutions, today announced the acquisition of Ernest R. Shaw Limited (ER Shaw) in a transaction that closed on September 1, 2020. NFP serves clients through more than 260 offices across the United States and 45 international offices across the UK, Ireland, Canada and Puerto Rico. With the addition of ER Shaw, NFP continues to execute its strategy to expand its presence and capabilities in the European market.

ER Shaw, located in Birmingham, UK, is a P&C specialist with over 100 years of serving clients in the Midlands region of England. Founded in 1905, the firm brings niche product offerings that serve a wide variety of clients. Principals of the firm, Peter Miller and Graham Meacher, will join NFP and report to John Paul Allcock, managing director of P&C at NFP, who is based in NFP’s Birmingham office. As part of the acquisition, ER Shaw will be rebranding as NFP after a period of integration.

“I’m excited to welcome the ER Shaw team to NFP,” said Allcock. “They are a broker that I’ve known and respected for many years, primarily for their dedication to providing fantastic service while consistently delivering customized solutions that align with the unique needs of their clients. Their values are also a great fit within NFP, which will drive the collaboration that is critical to our continued growth and success.”

“We’re thrilled to join NFP, be part of their growth in the European market, and access the resources and expertise that will benefit our clients,” said Miller. “We pride ourselves on providing tailored solutions for our clients, so joining NFP gives us access to more products and capabilities to better serve our clients.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,700 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 6th largest US-based privately owned broker, and 8th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

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

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