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Best’s Market Segment Report: AM Best Maintains Positive Outlook on Delegated Underwriting Authority Enterprises Segment

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best is maintaining its market segment outlook for the delegated underwriting authority enterprise (DUAE) segment at positive, citing its sustained growth and niche expertise, despite potential issues that could arise from capacity challenges and rapid growth. The DUAE distribution channel continues to increase its market share, supported by strong and sustained premium growth globally. According to the Best’s Market Segment Report, “Market Segment Outlook: De

Piper Sandler Strengthens Financial Services Group with the Addition of Matt Somma

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
NEW YORK--(BUSINESS WIRE)---- $PIPR--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the addition of Matt Somma as a managing director in the financial services group. His primary responsibilities will be advising asset and wealth management firms on M&A transactions and capital raises, as well as providing advice to family offices and their respective portfolio companies on strategic alternatives. Somma will be based in the New York office and report to Bill B

RFG Advisory Achieves Record Recruitment, Fueling 2024 Growth

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
BIRMINGHAM, Ala.--(BUSINESS WIRE)-- #JoinRFG--RFG Advisory (“RFG”), an innovator in the wealth management industry committed to serving independent financial advisors and their clients, announces a new wave of advisor partnerships, celebrating a year of significant growth. Since January, RFG has added over $600 million in new assets from recently onboarded advisors, with total assets under advisement (AUA) rising from $4.5 billion to $5.7 billion. In 2024, RFG nearly doubled its advisor growth from the pr

PESG Research Report: Steakholder Foods Ventures into Alternative Assets as Treasury Strategy amidst Accelerating Commercialization

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
LONDON--(BUSINESS WIRE)---- $GBTC #STKH--PESG research releases a market alert covering Steakholder Foods (Nasdaq: STKH): Steakholder Foods a leader in alternative proteins and 3D printing technologies, has approved up to $1 million in crypto-currency purchases, as part of its treasury strategy. CEO Arik Kaufman describes the move as forward-thinking, aligning with the growing institutional adoption of digital assets and the recent approval of cryptocurrency ETFs. This strategic step not only underscores Steak

Newly Launched Tickblaze Wins Top Honors at Benzinga Fintech Awards

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
NEW YORK--(BUSINESS WIRE)--Fresh off its public launch, Tickblaze, a cutting-edge hybrid trading platform, has already emerged as a leader in the financial technology sector. At the prestigious Benzinga Fintech Awards, Tickblaze was honored with Best Automated Trading Software and Best Hybrid Trading Solution, while also earning finalist honors for Best Trading Technology and Best Day Trading Software. These accolades highlight the platform’s rapid rise and transformative impact on the trading

Growth Resources Draw Advisor with $110 Million to Ameriprise Financial from LPL

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
MINNEAPOLIS--(BUSINESS WIRE)--Ameriprise Financial, Inc. (NYSE: AMP) today announced that financial advisor Steve Salmon, MBA, recently joined the firm’s independent channel from LPL Financial with $110 million in assets. His office is located in Edina, Minnesota. Salmon was attracted to Ameriprise’s end-to-end support that helps advisors to deliver an outstanding client experience and grow their practice. “As a solo advisor, I wanted to partner with a firm that continually invests in resources

November Issue of Best’s Review Ranks U.S. Workers’ Compensation and More

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
OLDWICK, N.J.--(BUSINESS WIRE)--November’s Best’s Review includes the following exclusive rankings: US Workers' Compensation – 2023 Direct Premiums Written – 2024 Edition US Property/Casualty – 2023 Asset Distribution – 2024 Edition US Life/Health – Pre-Tax Investment Total Returns – 2024 Edition Top 25 Life/Health Insurers' Investment Returns – 2024 Edition US Homeowners Multiperil – Top Writers by State, Canada and US Territories – 2024 Edition Top 25 US Homeowners Multiperil Writers – 2024 E

Hammerspace Sets New Records in MLPerf1.0 Benchmark with New Tier 0 Storage

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
SAN MATEO, Calif.--(BUSINESS WIRE)-- #AI--Hammerspace's Tier 0 storage sets records in MLPerf1.0 benchmark; unlocks the performance benefits of a major network upgrade for AI & HPC workloads.

Anzu Partners Appoints Hunter Brown as Principal to Lead Critical Tech Investments

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
ATLANTA & BOSTON & SAN DIEGO & TAMPA & WASHINGTON--(BUSINESS WIRE)--Hunter Brown has joined the Anzu investment team as Principal to grow the firm’s investments within the rapidly expanding critical technologies sector

AM Best Affirms Credit Ratings of Eni Insurance Designated Activity Company

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
AMSTERDAM--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Eni Insurance Designated Activity Company (EID) (Ireland), a captive of Eni S.p.A. (Eni), a multinational energy company based in Italy. The outlook of these Credit Ratings (ratings) is stable. The ratings reflect EID’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral busine

Massachusetts Innovation Network Announces 2024 Eddies Winners

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
BURLINGTON, Mass.--(BUSINESS WIRE)-- #innovation--The Massachusetts Innovation Network celebrated the conclusion of its 2024 Eddies Season last night. This eight-month innovation-fueling program began in March, featuring nearly 100 startup teams across six Innovation Tracks. Seventeen teams advanced to the final live phase of the competition on October 9, where they delivered four-minute pitches and showcased their technologies. Throughout the program, startups received individualized mentorship, tailored en

Law Firms Advising Social Media Users Harmed by Instagram in Anticipation of Mass Arbitration

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
NEW YORK--(BUSINESS WIRE)--Premier litigation firms Labaton Keller Sucharow LLP (“Labaton”) and Milberg Coleman Bryson Phillips Grossman, PLLC (“Milberg”) are staging a new front in the battle against social media addiction. Attorneys at these leading firms have advised Meta that it will soon face thousands of individual arbitration actions from adults whose addiction to Instagram has damaged their emotional and physical wellbeing. “Young adults who have suffered greatly because of Instagram’s

The Predictive Index Completes SOC 2 Type II Audit and ISO/IEC 27001:2022 Certification

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
WESTWOOD, Mass.--(BUSINESS WIRE)--The Predictive Index (PI) Completes SOC 2 Type II Audit and ISO/IEC 27001:2022 Certification Demonstrating Security Practices to Protect Customers.

Woodson Equity Acquires Commercial Vehicle Group’s First Source Electronics Business

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
WASHINGTON--(BUSINESS WIRE)--Woodson Equity announced today the acquisition of the assets of the First Source Electronics business from Commercial Vehicle Group (NASDAQ: CVGI). First Source Electronics is a leading provider of automation solutions for warehouses, industrial sectors, and other critical industries. Trusted by global blue-chip corporations, First Source Electronics offers control panels, electro mechanical systems, and cable assemblies. First Source Electronics’ patented micro ful

Sense Ranks Number 334 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
SAN FRANCISCO--(BUSINESS WIRE)--Sense today announced it ranked No. 334 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. Sense grew 351% over the past three years. Sense CEO and Co-Founder Anil Dharni credits the development of a comprehensive Candidate Relationship Management (CRM) platform and numerous AI features for the company’s substant

Eastern Bank Named #1 SBA Lender in Massachusetts for the 16th Year in a Row

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
BOSTON--(BUSINESS WIRE)--Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) and 504 loans in Massachusetts for the 16th consecutive year. “Eastern is very honored to be recognized once again by the Small Business Administration as a top lender to the small business community, working together to help power the American Dream for local business owners,” said Quincy Miller, Vice Chair, President and Chief Operating Office

Sammons Institutional Group® Names Piera Valle as Vice President, Financial Institutions

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
WEST DES MOINES, Iowa--(BUSINESS WIRE)--Sammons Institutional Group (SIG), a member company of Sammons® Financial Group, Inc., welcomes Piera Valle into a new role as Vice President, Financial Institutions. Sammons Institutional Group is focused on building product sales and relationships with the nation’s leading banks. This new role is clearly focused on further developing a proactive bank and financial institution sales outreach strategy. To that end, Valle will lead efforts to refine SIG sa

ZayZoon Recognized as one of the Fastest Growing Companies in North America on Deloitte's Fast 500™ for Second Consecutive Year

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
CALGARY, Alberta--(BUSINESS WIRE)-- #Deloitte500--ZayZoon, the leader in Earned Wage Access (EWA) solutions for small and medium-sized businesses, today announced it ranked 90th on the Deloitte Technology Fast 500™. ZayZoon’s remarkable 1,451% growth is a testament to its drive for innovation, providing employees with the essential tools to improve their financial health. Today’s economic climate is straining employee finances, with nearly three in four employees most concerned about covering necessities like

CTV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Innovid Corp. Is Fair to Shareholders

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Innovid Corp. (NYSE: CTV) to Mediaocean for $3.15 per share is fair to Innovid shareholders. Halper Sadeh encourages Innovid shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investigation concerns whether Innovid and its board of directors vi

Mayfair House Hotel & Garden Selects ROH to Increase Sales Conversion with Enhanced Payments Processing

Lastest from Businesswire - Thu, 11/21/2024 - 12:15
NEW YORK--(BUSINESS WIRE)-- #fintech--ROH, the hospitality industry’s first payments and revenue management platform designed to help hotels increase profitability, today announced that Mayfair House Hotel & Garden, managed by Crescent Hotels & Resorts and owned by Brookfield Properties, has partnered with ROH to increase sales conversion with enhanced payments processing. ROH is revolutionizing hospitality with modern solutions designed to simplify and optimize payments and revenue management. By

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