Category Archives: Business

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

Business: Executives

Corporex Commonwealth, Inc. Hires Bryan K. Hayes as Managing Director

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Bryan Hayes, Managing Director of Corporex Commonwealth, LLC

Bryan Hayes, new Managing Director of Corporex Commonwealth, LLC

“Bryan Hayes brings an abundance of knowledge and experience that will be invaluable to our aggressive plan for the growth of Corporex Commonwealth,” said Dan Sink, CEO of Corporex.


COVINGTON, Ky. (PRWEB)

Corporex Companies recently hired Bryan K. Hayes as Managing Director of Corporex Commonwealth, Inc., one of the Corporex Companies LLC’s family of companies. Corporex Commonwealth was created to lead the growth of the company’s hotel portfolio, including Commonwealth Hotels LLC and Commonwealth Hotels Collection LLC.

In his new role leading our hotel companies, Hayes will focus on building an aggressive growth plan through the strategic acquisition of hotel management contracts. He will also develop and provide various forms of financing, including asset-based and other secured lending options, to hotel owners and developers.

Hayes comes to Corporex most recently from White Lodging Services, where he held the position of Executive Vice President and Chief Operating Officer. During his tenure at White Lodging, he successfully grew the number of hotels in their portfolio and generated $300 Million in revenue growth. Hayes has a diverse and robust background in the hotel industry.

“We are thrilled to have Bryan Hayes and his more than 35 years of experience in the hotel industry,” said Dan Sink, CEO of Corporex. “He brings an abundance of knowledge and experience that will be invaluable to our aggressive plan for the growth of Corporex Commonwealth. I couldn’t be more enthusiastic about our future.”

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Business: Insurance

ALM Announces Monthly Pricing and Enhancements for the American Directory of Group Insurance

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“We wanted to make sure that everyone could access the same level of insights as the market leaders,” said Eric Ryles, Vice President of Customer Solutions at ALM.


NEW YORK (PRWEB)

Judy Diamond Associates, a division of ALM Intelligence, has announced a new low-cost subscription option for its industry-leading prospecting tool, The American Directory of Group Insurance.

The American Directory of Group Insurance is the premier market intelligence tool for brokers, carriers, and third-party administrators. With over 100 searchable fields and 90,000 employee benefit plans, the Group Insurance platform contains detailed information from the Form 5500 on the company’s benefits package, including Health, Life, Dental and more.

“Judy Diamond has been providing critical sales and marketing data to the industry giants for over 30 years…” said Eric Ryles, Vice President of Customer Solutions at ALM. “but we wanted to make sure that everyone could access the same level of insights as the market leaders. That’s why we’re thrilled to announce a new suite of subscription options, starting as low as $25 a month.”

These new subscription options, which represent an annual commitment billed monthly, provide every user with access to the full features of The American Directory of Group Insurance, including:

  • JDA’s exclusive Modeled Premiums, which now include calculations for the monthly premiums paid per participant

  • The ability to identify Self-Funded employer groups

  • Detailed information on the carriers and brokers who service the plan

  • Contact names and email addresses for key plan decision-makers

Each account comes with two complimentary user IDs. For a complete listing of states, prices, and number of records visit https://www.judydiamond.com/products/group-insurance-directory/

To view the American Directory of Group Insurance tool and receive a demo, visit: https://www.judydiamond.com/products/group-insurance-directory/#trial

About Judy Diamond Associates

ALM’s Judy Diamond Associates is the premier provider of sales, prospecting, and plan analysis tools for the benefits brokers, financial advisors, plan providers, and carriers serving the employee benefits and retirement markets. With a promise for comprehensive and current data, Judy Diamond Associates offers instant access to 5500 plan data and a broad suite of analytical tools to support lead generation, relationship building, market research and plan analysis needs. Judy Diamond Associates’ business is built on a commitment to superb customer service and data integrity.

About ALM

ALM, an information and intelligence company, provides customers with critical news, data, analysis, marketing solutions and events to successfully manage the business of business. ALM serves a community of over 6 million business professionals seeking to discover, connect and compete in highly complex industries. Please visit http://www.alm.com for more information, and visit http://www.alm.com/events/ to learn about our upcoming events. Please follow us on Twitter @ALMMedia.

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Business: Executives

Corporex Companies, LLC Hires Nicole Chimento Dracon as Director of Development, Circleport

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Nicole Chimento Dracon as Director of Development, Circleport

Corporex Companies, LLC Hires Nicole Chimento Dracon as Director of Development, Circleport

“We are excited to have Nicole join our Circleport initiative,” said Dan Sink, CEO of Corporex. Nicole is just the person we need to communicate the value of the location, the assets of the property, and the park’s community environment. We expect great things from Nicole and her team.”


COVINGTON, Ky. (PRWEB)

Corporex Companies has hired Nicole Chimento Dracon as Director of Development of Circleport. In her new role, Chimento Dracon will help Corporex build a team that will focus on its dominant asset position at Circleport Business Park in Erlanger, KY. She and her team will identify new build-to-suit opportunities and complete the planning, development, and construction of the remaining 234 acres. Chimento Dracon will be rolling out the new Circleport initiative and brand in the very near future which will focus on the community, the byproduct of the new $1.5 billion Amazon Prime Air Hub opening in 2021, and give way to additional development in the fastest growing area in the Greater Cincinnati/Northern Kentucky region.

As Midland Atlantic’s former Development Director of Leasing & Development Manager, Chimento Dracon has been involved in some of that company’s most incredible projects, including Rushmore Crossing Shopping Center, East Viking Plaza, and The Pointe at Henry Farms.

“We are excited to have Nicole join our Circleport initiative,” said Dan Sink, CEO of Corporex. “Her leadership and management skills, along with her personality, enthusiasm, and track record of success make her a great addition to our team. Nicole is just the person we need to communicate the value of the location, the assets of the property, and the park’s community environment. We expect great things from Nicole and her team.”

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Business: Insurance

A New Guide Presents The Top Factors That Influence Car Insurance Rates

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“Insurance companies assume a risk when proving coverage to a person. In order to calculate how likely is for a person to file a claim, insurance companies analyze multiple factors”, said Russell Rabichev, Marketing Director of Internet Marketing Company.


LOS ANGELES (PRWEB)

Insurance companies rate clients and place them in 3 main risk categories: Preferred, Standard and High-Risk. Multiple factors are analyzed in order to assess a client’s risk profile. The main factors that influence car insurance rates are the following:

  • The area where the policyholder lives. Car insurance rates are calculated based on the customer’s ZIP code. Each state has a certain car insurance legislation. This includes minimum liability coverage, laws regarding no-fault coverage, reimbursement limits, when a car is considered totaled and other relevant issues. Furthermore, the ZIP will tell the insurer if the client lives in a metropolitan area or a rural area. Car theft frequency, riots and reports of vandalism for a specific area taken into consideration. The geographical layout and position influence rates for certain coverage types. For example, people living in coastal areas, more exposed to hurricanes, pay more expensive comprehensive coverage.

  • Driving history and recent traffic violations: As expected, people with clean records have better rates. Companies prefer to work with drivers that have not been involved in accidents in the past 3-5 years. A person with multiple traffic violations or accident involvements may be seen as high-risk.

  • The car’s make and model: When asking for coverage, the client must provide the following basic info about the car: fabrication year, make, model, sub-model (body type). Furthermore, the driver will be asked if the car is equipped with crash avoidance technology, anti-theft devices or recovery devices. The type of car and its value also influence the cost. Expensive, sports car that cost a lot are more expensive to insure.

  • Credit score: Drivers with poor credit scores are considered a higher risk by many insurance companies. Persons with a poor FICO score should consult experts in order to develop a strategy for repairing the credit score.

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

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

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Business: Executives

Mobile Solutions Welcomes Ben Murray, New Chief Financial Officer

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Ben Murray, Mobile Solutions Chief Financial Officer

Ben Murray, Mobile Solutions CFO

I am excited to join and partner with the Mobile Solutions senior leadership team as CFO. Tremendous opportunities are on the horizon as the mobility space continues to grow. I look forward to leading the finance organization and contributing to Mobile Solutions continued growth.


CENTENNIAL, Colo. (PRWEB)

Mobile Solutions, a leader in Managed Mobility Services, delivering expense optimization, unified endpoint security, device management, and best in class support, is excited to welcome Ben Murray as Chief Financial Officer.

Ben leverages his extensive experience in achieving financial improvement and transparency by partnering with stakeholders to link operations and finance. As Chief Financial Officer, he will be responsible for finance, accounting, business intelligence and bridging overall business operations.

With over two decades of experience, Ben brings a unique approach to optimizing finance. By partnering with internal departments, divisions, customers, and vendors he is able to create efficiencies across the organization. Ben understands Mobile Solutions culture and that moving beyond the numbers by developing relationships with operations is the key to driving corporate performance and understanding the economics of the business.

“With his financial, operational and leadership experience, Ben is an excellent fit for Mobile Solutions as we enter our next stage of growth,” said Jim Johnson, Co-Founder and CEO. “We are confident that his skills and expertise will help us continue building and transforming the organization and execute on our strategic plans.”

From debits and credits to financial forecasting to M&A, Ben’s experience has not just been siloed in the accounting or finance track, but both sides of the desk. His operations background at several airlines has improved his ability to translate operational performance into improved financial understanding and foresight. Additionally, Ben’s time as a mainframe programmer has allowed him to create robust financial infrastructures by leveraging new processes and implementing new technology such as new accounting, travel and expense, tax, and corporate performance management systems.

Ben Murray stated, “I am excited to join and partner with the Mobile Solutions senior leadership team as CFO. Tremendous opportunities are on the horizon as the mobility space continues to grow. I look forward to leading the finance organization and contributing to Mobile Solutions continued growth.”

About Mobile Solutions

Mobile Solutions is an award-winning SaaS company that provides a complete managed mobility practice. We make it easy for our clients to optimize IT spend, reduce data consumption, secure mobile endpoints, and simplify the management of their entire fleet of devices, all with best in class support. For more information, please visit https://mobilesolutions.net/.

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Business: Insurance

Arkansas residents; Emergency Road Side Assistance Is Now Available Through United Security Health and Casualty Insurance Company’s Road Warrior Auto Program

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In the state of Arkansas, we recently expanded the coverages available through our Road Warrior Auto Program to include Emergency Road Side Assistance.


BEDFORD PARK, Ill. (PRWEB)

“United Security Health and Casualty Insurance Company is continually evaluating all of our insurance products to ensure they are providing our insureds with the most comprehensive coverages available,” began Lisa Cordero, COO, United Security Health and Casualty Insurance Company (United Security).

“In the state of Arkansas, we recently expanded the coverages available through our Road Warrior Auto Program to include Emergency Road Side Assistance. The program is also known as Roadside and it was created in a partnership with Road America Motor Club. Insureds may purchase Roadside through our Road Warrior Auto Program,” explained Cordero.

Roadside comprises the following features:

  • Towing assistance up to 15 miles

  • Flat tire assistance

  • Battery Assistance

  • Lock-out Assistance

  • Fuel, Oil, Fluid and Water Delivery Service

  • Extrication Assistance

  • The policy limits coverage to two-service call per six-month term.

Cordero shared, “This summer, more people will opt for a road trip as their vacation of choice. Low gas prices make road trips more desirable. It is important to work closely with a travel agent who can educate you on what is going on in a specific destination. What’s opened, what’s closed, but also to help educate you on what the cancellation policy is if you need to cancel or reschedule.”

Before heading off on a road trip get-a-way, United Security recommends:

  • Check to make sure you have your insurance ID card readily available, vehicle registration, and other important documents are in your car’s glove box.

  • Make certain your tire iron and jack is in the car. Check to make sure your spare tire is in good condition.

  • If your car is due for an oil change or regular maintenance it’s best to have it performed before your trip. Also check your cars brake, radiator, power steering, transmission, and windshield fluids are sufficient.

  • Get a spare key for the car and keep it in your wallet or elsewhere on your person in case you lock your keys in the car.

  • Pack a basic first-aid kit, blanket, flashlight, basic tools, jumper cables, and bottles of water.

  • Because of the coronavirus pandemic, United Security also recommends hand sanitizer, disposable gloves, an ample supply of masks, and Clorox wipes.

The Road Warrior Auto insurance and the Emergency Roadside Assistance coverage endorsement are issued by United Security Health and Casualty Insurance Company. This product, it’s endorsement, and it’s features may not be available in all states.

About United Security Health and Casualty Insurance Company (United Security): United Security is a regional insurer that has been in business since 1973, licensed to sell products in Arizona, Arkansas, Illinois, Indiana, Georgia, Missouri, Nebraska, Oklahoma and Texas. United Security specializes in providing individuals and families a variety of products and plan choices to meet their individual needs. United Security’s primary focus has been, and continues to be, providing quality products and excellent service to our policyholders. United Security’s product portfolio includes: Short Term Major Medical, Dental Plus Vision and Hearing, Cancer, Critical Illness, Accident Hospital Indemnity, Disability Income, Fixed Indemnity and Personal Auto products. United Security is headquartered in Bedford Park at 6640 S. Cicero Ave, Bedford Park, IL, 800-875-4422 or 708-475-6100, http://www.USHandC.com.

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Business: Executives

Mercy Corps Names Tjada D’Oyen McKenna Chief Executive Officer

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Tjada D'Oyen McKenna

Mercy Corps Names Tjada D’Oyen McKenna Chief Executive Officer

“Mercy Corps is rightly recognized around the globe for innovative, bold responses to the world’s toughest challenges,” says McKenna. “It’s an honor to join this organization and in particular this remarkable global team of nearly 6,000 innovative leaders.”


PORTLAND, Ore. (PRWEB)

The Board of Directors of Mercy Corps today named Tjada D’Oyen McKenna as the global organization’s Chief Executive Officer. McKenna will assume leadership at Mercy Corps on October 15, 2020.

“Mercy Corps is rightly recognized around the globe for innovative, bold responses to the world’s toughest challenges,” says McKenna. “It’s an honor to join this organization and in particular this remarkable global team of nearly 6,000 innovative leaders.”

Tjada D’Oyen McKenna previously served as the Chief Operating Officer for two international nonprofits: CARE and Habitat for Humanity International. McKenna also spent more than a decade in roles with the Bill & Melinda Gates Foundation and the U.S. government, specializing in food security and working to end world hunger. McKenna began her career in the corporate sector in various roles at McKinsey & Company, American Express and GE. She earned a B.A. from Harvard College and an M.B.A. from Harvard Business School, and has served on both national and local nonprofit boards.

“We are absolutely thrilled to welcome Tjada,” says Lucy Lee Helm, co-chair of the CEO selection committee of the Board of Directors. “She has a proven track record of executive leadership, and in forging the kind of smart, comprehensive solutions that Mercy Corps champions. With stellar experience encompassing humanitarian and international development, at leading companies in the private sector and the highest levels of government, she’s an exceptional leader for Mercy Corps’ next chapter.”

The new CEO will oversee a global team of nearly 6,000 in over 40 countries. Mercy Corps reaches more than 29 million people annually, working with local changemakers, global innovators and people most affected by crises, to help fragile communities break the cycle of poverty, rebuild after disaster and forge new paths to prosperity in the face of injustice, instability and climate change.

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Business: Insurance

Life.io Named a “Hot Vendor” by HFS Research

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We are honored to be recognized by HFS Research for our innovative end-to-end digital solution


PRINCETON, N.J. (PRWEB)

Life.io, a leading customer engagement technology firm and independent subsidiary of SE2, today announced it has been recognized as a “Hot Vendor” in HFS Research’s Hot Vendor report. As an organization with a vision and strategy to impact and disrupt the market, Life.io joins the report’s exclusive group of emerging players with offerings that solve today’s complex business problems and exploit market opportunities. HFS Research’s Hot Vendors are chosen based on a company’s distinct offering, robust ecosystem, client impact and financial position.

“We are honored to be recognized by HFS Research for our innovative end-to-end digital solution,” said Jon Cooper, co-founder and CEO of Life.io. “With 72% of policyholders wanting to hear from their life insurance company more regularly, we are proud to be recognized as the solution that engages customers both initially and over time. As the only comprehensive digital client experience that offers engagement-driven needs analysis, quote, e-app, and a self-service portal, we are here to help businesses of all sizes tackle their digital needs.” https://life.io/survey-life-insurance-partnership/

Life.io was founded to help bridge the relationship between life insurance carriers and their prospects and customers. The company provides a customer-centric approach to insurance sales, service and engagement, creating meaningful interactions that lead to win-win scenarios. By introducing the platform, carriers have reported a 22% reduction in lapse rates and a 35% reduction in lapse rates for policyholders who actively use the platform.

The report recognizes “the modular nature of Life.io’s platform as a good way for potential clients to choose the right approach for their customers and ensure that the technology integrates with their existing initiatives”. Last year, Life.io and SE2 launched SE2 Digital Engage, an integrated end-to-end digital life and annuity platform combining Life.io’s customer experience capabilities with the advanced capabilities of the SE2 Aurum® suite.

By offering personalized interactions and prioritizing a mobile-first, self-service, Life.io’s suite of solutions integrates powerful customer engagement across the lifecycle to reduce friction, convert sales and optimize results. Life.io suite of enterprise solutions: Life.ioGrow, a needs analysis, quick quote, e-application and advisor portal; Life.ioEmpower, a digital self-service portal, and Life.ioEngage, a digital customer engagement platform, helps companies educate, engage and reward their customers at every stage of the customer journey.

About Life.io:

Life.io is a leading customer engagement technology firm that helps companies accelerate the development of their end-to-end digital client experience with the Life.io Solution Suite: Grow, Engage and Empower. Our state-of-the-art digital suite integrates powerful engagement across the client lifecycle to reduce friction, convert sales and optimize results. To learn more, please visit https://life.io.

Life.io, a pioneering insurtech for over five years, is headquartered in Princeton, New Jersey. Life.io is led by its original co-founders and is an independent subsidiary of SE2 and part of Eldridge Industries family of companies.

About SE2

SE2, an Eldridge business, is a leader in the US life and annuities insurance technology and services industry. SE2 has a proven track record in delivering technology driven transformations for the life and annuity insurance industry. SE2 uniquely combines the maturity and peerless industry knowledge of its 125+ years of life insurance industry heritage with its end-to-end digital platform to enable the rapid launch of new and innovative products through existing as well as digital channels. SE2 currently administers nearly 2 million active policies on behalf of its 25+ clients. SE2 has over $100 billion in assets under administration and handles more than 200,000 new business applications annually. Please visit SE2 at http://www.SE2.com to learn more.

About HFS Research:

HFS provides visionary insight into the major innovations impacting business operations: automation, artificial intelligence, blockchain, digital business models and smart analytics. The company focuses on the future of operations across key industries. It influences the strategies of enterprise customers to develop operational backbones to stay competitive and partner with capable services providers, technology suppliers, and third-party advisors.

To know more about HFS Research Systems, visit http://www.hfsresearch.com.

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Business: Executives

Impact Advisors Promotes Amy Reid to Vice President of Recruiting

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She is an incredibly valued member of our executive team as she focuses on building relationships with candidates, hiring team members, coordinating the efforts of our recruiting team, and maintaining the highest level of integrity with all those involved.


CHICAGO (PRWEB)

Impact Advisors, a leading provider of strategy, performance excellence, revenue cycle management, ERP, implementation, and technology consulting services to the healthcare industry, announced Amy Reid has been promoted to vice president of recruiting.

“We are pleased to welcome Amy to our senior leadership team,” said Todd Hollowell, chief operating officer at Impact Advisors. “She is an incredibly valued member of our executive team as she focuses on building relationships with candidates, hiring team members, coordinating the efforts of our recruiting team, and maintaining the highest level of integrity with all those involved.”

In her role as vice president of recruiting, Reid will lead and manage the firm’s recruitment strategy to develop and deliver effective talent acquisition. She will also be responsible for leading the recruiting team and leveraging internal and external resources to ensure proper resource allocation to support critical business needs, along with developing and executing recruiting strategies that enhance the organization’s visibility and reputation in the healthcare management consulting and technology services market.

Reid joined Impact Advisors in 2010 and has 25 years of experience in the field of recruiting. She is a strategic recruiting leader with extensive experience in the development and execution of corporate sourcing strategies. In her previous role at Impact Advisors, she developed creative sourcing strategies based on the unique needs of each respective service line and has hired more than 150 healthcare executives, including CMIO’s, seasoned project directors, clinicians, and domain experts with a focus on improving patient care through technology. In addition, she implemented employment branding strategies to effectively articulate the firm’s employee value proposition to attract top talent and contributed to the design, execution, and measurement of diversity and inclusion initiatives.

Reid is active with Habitat for Humanity, Special Olympics and several local charitable organizations.

About Impact Advisors

Impact Advisors is a nationally recognized healthcare management consulting and technology services firm that is solving some of the toughest challenges in the industry by delivering strategic advisory, technology implementation and performance improvement services. Our comprehensive suite of digital health, clinical optimization and revenue cycle services spans the lifecycle of our clients’ needs. Our experienced team has a powerful combination of clinical, revenue, operations, consulting and IT experience. The firm has earned a number of prestigious industry and workplace awards, including Best in KLAS® for 13 consecutive years, Healthcare Informatics HCI 100, Crain’s Chicago Business Fast Fifty, as well as “best place to work” awards from: Modern Healthcare, Consulting Magazine, Becker’s Hospital Review and Achievers. For more information about Impact Advisors, visit http://www.impact-advisors.com.

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Business: Insurance

NFP Acquires EFG&M Management, LLC, Expanding Its Employee Benefits Presence in Central Texas

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“NFP is focused on growing in key markets by adding talented professionals, specialized expertise and deep relationships that elevate our ability to meet the dynamic needs of our clients,” said Kevin Brown, managing director at 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 the acquisition of EFG&M Management, LLC, in a transaction that closed effective July 1, 2020.

EFG&M, an employee benefits broker located in the Austin Metroplex, serves employers in central Texas. With over 30 years of experience supporting employers in central Texas, EFG&M will help to expand NFP’s presence in a diverse and growing area. Don Eddleman and Carl “Hap” Feuerbacher, two of EFG&M’s co-founders, will join NFP as vice presidents and report to Kevin Brown, managing director of NFP’s retail sales and distribution operation in central Texas.

“I’m excited to welcome the EFG&M team to NFP,” said Brown. “NFP is focused on growing in key markets by adding talented professionals, specialized expertise and deep relationships that elevate our ability to meet the dynamic needs of our clients. Don, Hap and their team support this focus and will play a large role in our ability to grow in the central Texas market.”

“Our values of providing exceptional service and consultative expertise to clients align perfectly with NFP’s,” said Eddleman. “Joining NFP gives us access to additional resources that enhance our ability to expand relationships and support our clients with tailored employee benefit solutions.”

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 5,600 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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