Category Archives: Business

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

360 Coverage Pros Announces New Travel Agent E&O Insurance Program


360 Coverage Pros

Travel professionals have unique needs when it comes to protecting themselves and their businesses. Using our online technology, professionals in the travel industry can now easily select their coverage, complete an application and have proof of insurance in a few short minutes.

360 Coverage Pros recently launched a new errors and omissions (E&O) insurance program specifically for travel professionals.

Today’s travel industry environment is rapidly evolving and concerns are ever-changing. The best way for travel professionals to ensure they have the financial protection they need is to secure professional liability insurance. The Travel Agent E&O Insurance Program from 360 Coverage Pros is designed specifically to meet the needs of travel agents, agencies, tour operators and meeting & event planners.

“The travel industry is one that we’ve been watching for a long time,” says Jason Rogers, head of Business Development at 360 Coverage Pros. “Travel professionals have unique needs when it comes to protecting themselves and their businesses. Using our online technology, professionals in the travel industry can now easily select their coverage, complete an application and have proof of insurance in a few short minutes.”

The program is underwritten by Lloyds of London and backed by an “A” (Excellent) A.M. Best rating. Insureds within the program also have access to a free risk management legal hotline. Pricing is based on Annual Total Gross Receipts (TGR) the agent or business produces with monthly payments starting at just $29.33.

360 Coverage Pros also offers solutions for larger industry groups and companies.

“We’re uniquely positioned to create and implement preferred programs tailored to fit any group’s needs,” says Program Manager, Chris Buseman. “We’ve successfully developed insurance programs with professional associations and companies for some time now; larger groups view these customizable options as true member or employee value-adds while providing peace of mind for the organization.”

360 Coverage Pros will be an exhibitor at the upcoming American Society of Travel Advisors event, ASTA Global Live, which will take place on August 25-28, 2020. ASTA is the world’s largest association of travel professionals. ASTA Global Live is being held virtually this year and the team from 360 Coverage Pros will be available to chat with attendees and offer consultations regarding their professional liability needs.

To learn more about the Travel Agent E&O Insurance Program and 360 Coverage Pros, please visit https://www.360coveragepros.com/travel-agents. Licensed customer care professionals are available via phone or online chat to answer coverage questions.

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Todd Laurie, EVP of Fund Services for Baceline Investments Accepted Into Forbes Real Estate Council


Todd Laurie - Baceline Investments

Todd Laurie

“Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

Todd Laurie, EVP of Fund Services for Baceline Investments, has been accepted into Forbes Real Estate Council, an invitation-only community for executives in the real estate industry.

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

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

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

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

“I’m honored to be a part of the Forbes community and look forward to contributing to the wealth of knowledge already present with the other members. As one of the largest and oldest operators of small-business focused neighborhood centers, Baceline has rare insight into this nuanced and undervalued asset class,” said Mr. Laurie.

ABOUT FORBES COUNCILS

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

For more information about Forbes Real Estate Business Council, visit forbesrealestatecouncil.com. To learn more about Forbes Councils, visit forbescouncils.com.

ABOUT BACELINE INVESTMENTS

Founded in 2003, Baceline Investments, LLC is a Denver-based privately held boutique real estate investment and management company that specializes in the acquisition, management, and sale of cash-flowing, necessity-based everyday goods and services neighborhood shopping centers located in select secondary markets across America. Learn more at http://www.bacelineinvestments.com or LinkedIn.

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Building Intelligence and Automation Leader 75F Appoints New Board Member


“Kelly will help us scale as a company, and bring public company governance insights to the board as we meet the new demands of the commercial building industry,” said Deepinder Singh, Founder and CEO of 75F.

Building intelligence and automation leader 75F has appointed Kelly Romano, former United Technologies executive, to its board of directors to better position the company for growth. Ms. Romano brings over 30 years of global experience in corporate strategy, business development, and product innovation to the 75F team.

In her most recent role with UTC, Ms. Romano served as President, Intelligent Building Technologies, driving growth across a $30 billion commercial business. Prior to that she served as UTC Corporate Vice President of Business Development and President, Global Security Products. Ms. Romano was with UTC’s Carrier Corporation for 25 years, where she served as President, Building Systems and Services among other roles.

Ms. Romano’s experience in the commercial building and high-tech industry, combined with her background in acquisitions, deal structure, and channel development will be a benefit to 75F as it scales its innovative technology into new verticals and markets.

“Kelly will help us scale as a company, and bring public company governance insights to the board as we meet the new demands of the commercial building industry,” said Deepinder Singh, Founder and CEO of 75F. “A few months ago, we were helping businesses lower energy costs and carbon emissions, and today our controls and software are also tasked with maximizing ventilation and keeping people safe.”

Ms. Romano is currently CEO of consultancy BlueRipple Capital, LLC, and joins 75F board members Aruna Ramsamy, principal at OGCI Climate Investments; Matt Eggers, investor at Breakthrough Energy Ventures; and Amit Gupta, CEO at Aeroseal, LLC. With Ms. Romano’s joining, 75F continues its proud tradition of having a board as diverse as our company.

About 75F

75F is a vertically-integrated building intelligence company using smart sensors and controls to make commercial buildings more healthy, efficient, and comfortable than ever before. The 75F solution delivers Indoor Air Quality Management and industry-leading energy efficiency through predictive and proactive control of HVAC and lighting, out of the box.

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A New Article Explains Why Drivers Should Buy Car Insurance Online


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“Getting car insurance online is a fast and easy process. You no longer have to wait in traffic or talk to pushy agents who try to get your signature”, said Russell Rabichev, Marketing Director of Internet Marketing Company.

Buying car insurance online has become a necessity in our highly-active modern world. Spending countless hours on the roads, or endless negotiations with agents represent a waste of time. Purchasing coverage online comes with certain benefits. Find out more about these advantages and get free car insurance quotes from https://compare-autoinsurance.org/.

  • Avoid wasting time in traffic. Don’t forget that nowadays, time is money! As just mentioned before, it can be really time-consuming and difficult to arrive at multiple locations in a short time, especially when living in a metropolitan area. A driver can waste several hours on the roads, just to reach an insurer, ask for prices, analyze offers, and return home. And this process must be repeated again if looking for several estimates for a fair comparison. Shopping online removes the need of reaching the physical offices and wait until someone is sent to get in touch and analyze the driver’s case.
  • Avoid being exposed to cunning marketing strategies and pushy agents. When dealing with a car insurance agent, the client must face an expert. Keep in mind that not all agents are so well-intended and some of them just want to follow their own agenda and convince as many persons as possible to buy coverage. All agents will tell prospective car owners that they offer the most advantageous deals and they should immediately purchase it. This is not always the case. Dealing with agents isn’t a problem when shopping online for car insurance. Users can check prices, discounts, and do some research about some terms and conditions. Furthermore, users should always use online quotes to compare prices before buying anything.
  • Save money when buying online car insurance. To encourage people to purchase car insurance policies online, insurers, in collaboration with partners, offer lucrative discounts. Drivers can get a small discount for getting quotes or buying coverage online.
  • The user becomes insured as soon as the transaction is completed. After the purchase is finished, the client is automatically insured. The client will receive a digital copy of proof of insurance. He can save this copy to any of his mobile devices or print it. The digital copy can be shown whenever asked by authorities. In this way, there is no risk of being caught driving without insurance.

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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YES (Yield Engineering Systems, Inc.) Announces New CEO


Ramakanth Alapati, CEO

Ramakanth Alapati, CEO, Yield Engineering Systems, Inc.

“Ramakanth Alapati is well-equipped to accelerate the company’s exciting growth potential.”

YES (Yield Engineering Systems, Inc.), a leading manufacturer of process equipment for the semiconductor advanced packaging, life sciences and AR/VR markets, today announced that Ramakanth Alapati is the company’s new chief executive.

Mr. Alapati, who replaces former CEO Kenneth MacWilliams, has been a member of the YES technical advisory board for the past two years and chairman of its board of directors since January 2020. He brings extensive executive experience to YES from his leadership roles at PsiQuantum, a quantum computing company where he oversaw engineering and operations; at Amkor Technology, where he led technology strategy and roadmaps; at GlobalFoundries, where he led the packaging product management and R&D; and at Micron Technology, where he focused on developing and commercializing double patterning & TSV technologies.

“Rama’s hands-on experiences in Advanced Packaging as well as his deep relationships with YES’s customers, partners and research consortia will be of immense benefit as we focus on delivering committed products and improvements, building new products and developing new applications to add value to our customers’ operations. Furthermore, Rama’s investment experience and insights into Life Science and Display applications will help YES build, improve and expand our product portfolio for these fast-evolving sectors,” said Nety Krishna, Senior Managing Director of KCK, which holds a majority ownership stake in YES. “He is well-equipped to accelerate the company’s exciting growth potential.”

Mr. Alapati has a master’s degree in chemical engineering from University of Kansas, a bachelor’s degree in chemical engineering from Osmania University in India, and executive education from Harvard. He holds over 30 patents.

About YES

YES (Yield Engineering Systems, Inc.) is a leading manufacturer of high-tech, cost-effective equipment for transforming surfaces, materials and interfaces at nanoscale. The company’s product lines include vacuum cure ovens, chemical vapor deposition (CVD) systems, and plasma etching tools used for precise surface modification and thin-film coating of semiconductor wafers, semiconductor and MEMS devices, biosensors and medical substrates. With YES, customers ranging from startups to Fortune 100 companies can create and volume-produce products in a wide range of markets, including Advanced Packaging, MEMS, Augmented Reality/Virtual Reality and Life Sciences. YES is headquartered in Fremont, California, with a growing presence globally. For more information, please visit http://www.yieldengineering.com.

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Leader in Private Aviation Proudly Has Business Jet Exhibits Included in Historic Aviation Museum


Visit the Cradle of Aviation Museum and Experience Something Extraordinary

International Jet Interiors joins notable leaders in aviation at the Cradle of Aviation Museum in Garden City, NY.

International Jet Interiors is proud to have two business jet exhibits included in the historic Cradle of Aviation Museum – Eric H. Roth, President, International Jet Interiors

International Jet Interiors is honored to have two business aviation exhibits included in the Cradle of Aviation Museum in Garden City, New York, where over 100 years of aerospace history is preserved and shared in more than 150,000 feet of museum space consisting of exhibits and actual artifacts.

Listed on the National Register of Historic Places, Mitchell Field Air Force Base is home to the Cradle of Aviation Museum and Education Center, which focuses on “Long Island’s rich aerospace heritage of discovery and inspiring future generations through science and technology.”            

Exhibits include the Apollo and Space Exhibit, featuring the Apollo Lunar Module and extensive Apollo artifacts, as well as F-14 exhibits, a WWI Gallery, a WWII Gallery featuring aircraft produced on Long Island, including the Grumman Avenger, the Grumman Helicat, the Grumman Wildcat and a Waco CG-4 Troop Glider, Jet Age Exhibits as well as Contemporary Aircraft Galleries and the Jet Blue Sky Theater Planetarium.

The team at International Jet Interiors is proud to be among such notable and prominent aviation leaders, as the aircraft completion company takes their place within the museum as part of Long Island and aviation’s esteemed history. Sharing their business aviation expertise, International Jet Interiors has two private jet mock-ups that are on display for aviation enthusiasts and history buffs alike to experience.

“We hope to continue to inspire future aviation professionals and master craftspeople as we share our passion for excellence and all things aviation,” shares International Jet Interiors President, Eric H. Roth. Mr. Roth continues, “we invite you to visit the Cradle of Aviation and Experience Something Extraordinary®.”

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TradeTrans CEO invited to join New York Business Journal Leadership Trust


Robert Antes, founder and chief executive officer of TradeTrans Corporation, has been invited to join New York Business Journal Leadership Trust, an exclusive community for influential business leaders, executives and entrepreneurs.

Antes was chosen for membership by the New York Business Journal Leadership Trust Selection Committee due to his experience, leadership and influence in the global supply chain landscape and beyond. Since Antes created TradeTrans 35 years ago, the company has grown from one man’s vision to one of the world’s leading export supply chain management companies for quick service restaurant (QSR), fast causal (fast food) dining and more.

“New York’s thriving business community is powered by leaders like Bob,” said Alex Orfinger, executive vice president of American City Business Journals. “We’re honored to be creating a space where the region’s business influencers come together to increase their impact on the community, build their businesses and connect with and strengthen one another.”

As an invited member, Antes will contribute articles to the New York Business Journal website and participate alongside fellow members in expert panels. He will connect and collaborate with a vetted network of local leaders.

“I’m pleased to join this distinguished group of leaders and leverage my experience as an entrepreneur over the past 35 years in the food service supply chain industry and creating an exceptional team at TradeTrans,” Antes said. “I look forward to connection and collaboration with other New York leaders.”

The New York Business Journal Leadership Trust team said it is honored to welcome Antes to the community and looks forward to position him to further impact the New York business community and beyond.

About Business Journals Leadership Trust

New York Business Journal Leadership Trust is a part of Business Journals Leadership Trust—a collective of invitation-only networks of influential business leaders, executives and entrepreneurs in your community. Membership is based on an application and selection committee review, business and executive coaching and a dedicated concierge team. To learn more and find out if you qualify, visit trust.bizjournals.com. Benefits include private online forums, the ability to publish insights on

About TradeTrans Corporation

Since TradeTrans opened its doors in 1985, the company has grown from one man’s vision to one of the world’s leading quick service restaurant (QSR) and fast causal restaurant supply chain services. That success is the result of accountability and trustworthiness of a strong leadership team with the single focus of accomplishing what matters most to our clients. Through our dedication to exemplary service, simplifying complex processes and a passion for ensuring our clients’ success, we do whatever it takes to make TradeTrans the unrivaled leader in custom supply chain solutions and management systems.

Follow us on LinkedIn @TradeTransCorp

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Georgia Elementary School Teacher Named National Life Group’s ‘LifeChanger of the Year’ Grand Prize Winner for the 2019-2020 School Year


“Eric is no doubt among the best…We are inspired by his commitment to preparing and empowering his students to become tomorrow’s activists, leaders, and changemakers.”

Eric Crouch, a fifth grade teacher at Double Churches Elementary School in Columbus, GA, has been selected as the Grand Prize Winner for the 2019-2020 national LifeChanger of the Year award.

Nominated by his school principal, Crouch earned the national Grand Prize–which includes a $10,000 cash prize–for his ability to connect students to their passions and empower them to make a difference. He was chosen for the award out of more than 850 nominated teachers, administrators and school district employees from all 50 states and the District of Columbia.

“Mr. Crouch teaches his students and colleagues that the world is their community. He has found his gift, and that gift is connecting students to their passions and giving them a space and a voice to make a difference in the world,” said Paula Shaw-Powell, principal, Double Churches Elementary School. ‘Love first, teach second,’ ‘we are all here to help one another,’ and “the whole world belongs to each of us,’ these are just a few of the many things you will hear Mr. Crouch saying through the hallways of Double Churches.”

Crouch was moved to become an educator after his own struggles in school due to attention issues. As a result of his experiences, he made it his mission to engage his students and give each of them equal opportunity to discover their passions and use them as a vehicle for achievement. To that end, he uses a variety of methods to help his students’ enthusiasm take off, including a Project-Based Learning model in his classroom that encourages innovation and creativity.

He also encourages his students to channel their passions into serving the community and making a difference. When Hurricane Michael devastated a nearby community in 2016, he and a few of his students immediately took action. They traveled to Bay County, Florida, to interview teachers and other individuals impacted by the hurricane, and create a documentary to spread awareness for the thousands of families who had been displaced. After being shared by thousands on social media, the documentary drove close to two million dollars in donations to Bay County School District.

Crouch’s community work with his students has made a global impact. As a Skype Master Teacher, he leads his classes to engage in Skype collaborations with students from around the world.

When his students connected to HIP Academy in Kenya for a cultural learning exchange, it soon became clear that there was much more they could contribute. Together, they founded a 3D-printing non-profit and raised thousands of dollars to build a school in Kimilili. With the success of this project, Crouch’s students also donated 10 iPads to the students at HIP so they could create an iPad lab for the school.

He also encouraged his students to experiment with their own 3D-printing projects, such as creating 3D prosthetics for pets and working with engineers to create robotic stuffed animals to teach students how to communicate their social and emotional needs.

“We’ve all been reminded of the importance of our teachers during these times,” said Mehran Assadi, CEO and President of National Life Group. “Eric is no doubt among the best of these selfless educators. We are inspired by his commitment to preparing and empowering his students to become tomorrow’s activists, leaders, and changemakers.”

About LifeChanger of the Year

LifeChanger of the Year is an annual program sponsored by the National Life Group Foundation that recognizes and rewards outstanding K-12 educators and school district employees who have demonstrated a proven ability to make a beneficial difference in the lives of students.

LifeChanger of the Year winners are selected by an independent committee comprised of past winners and education professionals. To be considered for a LifeChanger of the Year award, nominees must:

  • Make a positive impact in the lives of students
  • Enhance their school or district’s atmosphere, culture and pride
  • Demonstrate exemplary leadership at the school and/or district level
  • Possess a proven record of professional excellence
  • Show commitment to building a nurturing environment that supports learning
  • Adhere to the highest moral and ethical standards

In addition to Crouch, four other educators from across the country were recognized as 2019-20 LifeChanger of the Year Grand Prize Finalists. Each Finalist received a $2,500 cash reward with a matching $2,500 donation made to their schools.

Keil Hileman – Social Studies Teacher

Monticello Trails Middle School

Shawnee, KS

Kathy Kish – Principal

Indian Woods Elementary School

Kimball, MI

Candace Printz – Assistant Director of Fine Arts

Socorro ISD

El Paso, TX

Pren Woods – Seventh Grade World History Teacher

Alston Middle School

Summerville, SC

Twelve additional cash awards were given out to LifeChanger of the Year winners from California, Connecticut, Florida, Indiana, Mississippi, New Jersey, North Carolina, Oklahoma, and South Carolina.

To learn more about Eric Crouch, visit: https://nationallife.wistia.com/medias/ez8ofxbz2p.

For a complete listing of this year’s LifeChanger of the Year winners, visit:

https://www.lifechangeroftheyear.com/201920-winners.

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT, Life Insurance Company of the Southwest (LSW), Addison, TX and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. LSW is not an authorized insurer in New York and does not conduct insurance business in New York.

In Texas, due to regulatory concerns, National Life Group will donate similar items to the winner or a nonprofit group of NLGroup’s choice that supports the winner’s school.

TC112689(0220)P

Digital Transformation Leader Michael Montonen appointed as Lead Principal at Wavestone US


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Michael Montonen, Wavestone US Lead Principal

“It’s top-caliber talent like Michael—IT leaders who bring real-world experience to deliver real-world business results—who continue to drive Wavestone’s momentum in the market despite today’s disruptive environment,” says Jeff Vail, CEO of Wavestone US.

Wavestone US is pleased to announce the recent appointment of strategic digital leader Michael Montonen as Lead Principal. He brings more than 20 years’ experience in driving digital transformation and innovation in Fortune 500 companies and other leading global conglomerates based in the US, Europe, and Latin America. With a strong background in sourcing advisory, IT strategy, enterprise architecture, cloud services, and infrastructure optimization, he has helped CIOs, COOs, and CEOs utilize IT effectively to improve business performance.

Prior to joining Wavestone US, Montonen held several senior-level positions at Atos, Deloitte, WEPS, Accenture, and Gartner. At Atos, he served as the client executive digital transformation leader for a global retail company in a multimillion-dollar deal, successfully steering the 200-strong account team to grow the business and create new revenue streams. At Deloitte, he was instrumental in driving revenue growth and profitability of the firm’s technology strategy and architecture practice. Montonen also led sourcing strategy and RFP development for Accenture’s Latin America region, resulting in millions in savings on IT infrastructure outsourcing over five years.

“Michael has the depth and breadth of expertise and leadership experience to deepen Wavestone’s digital transformation bench. It’s top-caliber talent like Michael—IT leaders who bring real-world experience to deliver real-world business results—who continue to drive Wavestone’s momentum in the market despite today’s disruptive environment,” says Jeff Vail, CEO of Wavestone US.

“Wavestone’s differentiated consulting model based on practical experience sets up IT and business leaders and their organizations for sustainable success,” says Montonen. “It’s great to be part of such a unique organization and I enjoy the opportunity to work with a team of world-class IT experts driving meaningful change in leading organizations.”

All Wavestone senior consultants are seasoned business and IT leaders with a strong track record of producing results. Averaging more than two decades of experience as former C-level executives, they are more than equipped to offer the bold, new thinking needed to face the new challenges in the post-pandemic environment. This peer-to-peer approach has been effective in the transformations of more than 200 Fortune 1000 companies across a wide range of industries. Wavestone US advisory services include IT strategy and planning, IT cost and run optimization, cybersecurity, business operations improvements, and IT talent solutions.

Keep in touch and join in the conversation on:

About Wavestone

In a world where knowing how to drive transformation is the key to success, Wavestone’s mission is to inform and guide large companies and organizations in their most critical transformations, with the ambition of a positive outcome for all stakeholders. That’s what we call “The Positive Way.”

Wavestone draws on some 3,000 employees across 8 countries. It is a leading independent player in the European consulting market.

Wavestone is listed on Euronext Paris and recognized as a Great Place to Work®.

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Alera Group Acquires FNL Insurance Group


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As part of our collaborative organization, the FNL Insurance team will help us to continue to elevate the client experience throughout the Baltimore area and the mid-Atlantic region.

Alera Group, a national employee benefits, property and casualty, retirement services and wealth management firm, announced today that is has acquired FNL Insurance Group, effective August 1, 2020.

For over 40 years, FNL Insurance Group has been helping clients with their employee benefit and health care insurance needs. The firm is located in Timonium, Maryland, where they partner with small and mid-sized employers to develop sustainable benefits programs that support employees while keeping costs low.

“We are delighted to welcome Frank Lotman and the FNL Insurance team to Alera Group,” says Alan Levitz, CEO of Alera Group. “As part of our collaborative organization, the FNL Insurance team will help us to continue to elevate the client experience throughout the Baltimore area and the mid-Atlantic region.”

“FNL Insurance Group is very excited to become an Alera Group company,” says Frank Lotman, President of FNL Insurance Group. “We look forward to the expanded resources available to us as part of Alera Group and look forward to continued growth alongside firms throughout the region.”

FNL joins Alera Group through Silberstein Insurance Group (SIG), an Alera Group company. The FNL team will continue serving clients in their existing roles. Terms of the transaction were not disclosed.

About Alera Group

Based in Deerfield, IL, Alera Group’s over 2,000 employees serve thousands of clients nationally in employee benefits, property and casualty, retirement services and wealth management. Alera Group is the 15th largest privately held firm in the country. For more information, visit http://www.aleragroup.com or follow Alera Group on Twitter: @AleraGroupUS.

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