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KBRA Appoints Eric Neglia as Head of Global Funds Business as Private Credit Marches Toward Asset-Backed Lending

Thu, 10/10/2024 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the following senior management appointments. Eric Neglia has been named Global Head of KBRA’s expanding Funds Ratings business. In conjunction, Thomas Speller has been appointed Global Head of Fund Finance, and will continue to lead KBRA’s European Funds business. “Eric’s decades of experience in asset-backed securitizations injects important analytic thought leadership into our 50+ analytical team dedicated to funds ratings—particularly n

Corbin Advisors Releases Q3’24 Inside The Buy-Side® Earnings Primer®

Thu, 10/10/2024 - 12:44
HARTFORD, Conn.--(BUSINESS WIRE)--Corbin Advisors, a strategic consultancy accelerating value realization globally, today released its quarterly Earnings Primer®, which captures trends in institutional investor sentiment. The survey, which marks the 60th issue of Inside The Buy-Side® Earnings Primer®, was conducted from August 21 to September 26, 2024, and is based on responses from 82 institutional investors and sell-side analysts globally, representing ~$1.4 trillion in equity assets under ma

Navy Federal Credit Union Launches New cashRewards Plus Credit Card, Offering Members Unlimited 2% Cash Back on All Purchases

Thu, 10/10/2024 - 12:44
VIENNA, Va.--(BUSINESS WIRE)--Navy Federal Credit Union today announced the launch of its new cashRewards Plus credit card, offering members an even more rewarding way to earn cash back on their everyday purchases. The cashRewards Plus card provides members with unlimited 2% cash back on all purchases, making it a competitive option for cardholders who value cash back. This new card builds upon Navy Federal's commitment to delivering exceptional value and benefits to members of the military and

TechTarget Announces Priority Engine Demand, Enabling B2B Go-to-Market Teams to Identify, Engage and Convert Buying Groups Faster

Thu, 10/10/2024 - 12:44
NEWTON, Mass.--(BUSINESS WIRE)--TechTarget announced Priority Engine Demand, a module in its Priority Engine intent platform to help B2B tech orgs accelerate buying group strategies

FHLBank Chicago Awards $3 Million for Diverse Developer Initiative to Empower Emerging Leaders in Affordable Housing

Thu, 10/10/2024 - 12:44
CHICAGO--(BUSINESS WIRE)--To grow the diverse real estate developer talent pipeline in Illinois and Wisconsin, the Federal Home Loan Bank of Chicago (FHLBank Chicago) has awarded over $3 million through its 2024 Community First® Diverse Developer Initiative to support 62 fellowships and internships across 14 organizations. This funding brings FHLBank Chicago’s overall commitment for the three-year program to $6.4 million to support new talent in affordable housing who provide essential communit

JAMS Leads ADR Into AI Age with Launch of JAMS Next, AI-Powered Services

Thu, 10/10/2024 - 12:44
IRVINE, Calif.--(BUSINESS WIRE)--JAMS, the largest private provider of alternative dispute resolution (ADR) services worldwide, is pleased to announce the launch of JAMS Next, an innovative initiative that will leverage AI-powered tools to streamline the dispute resolution process. JAMS Next reinforces the organization’s commitment to making advanced tools available to attorneys and their clients, panelists and associates. “JAMS Next was inspired by AI technology that we’ve seen impact the lega

MCO Moves Up in Prestigious Chartis Research RiskTech 100 Rankings

Thu, 10/10/2024 - 12:44
NEW YORK--(BUSINESS WIRE)-- #asiarisk--Global compliance software provider MCO (MyComplianceOffice) announced that the company has once again been ranked among the world’s top risk and compliance technology solutions as part of the RiskTech100® 2025 by global research and analysis firm Chartis Research, climbing to #44 on the list. “We’re thrilled to be acknowledged as an industry leader in the global risk and compliance technology marketplace through the rigorous Chartis benchmarking and assessment proces

AM Best Affirms Credit Ratings of Samsung Fire & Marine Insurance Co., Ltd., and Its Subsidiaries

Thu, 10/10/2024 - 12:44
HONG KONG--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of Samsung Fire & Marine Insurance Co., Ltd. (SFM) (South Korea) and its subsidiaries, Samsung Fire & Marine Insurance Company of Europe Limited (United Kingdom), Samsung Vina Insurance Co., Ltd. (Vietnam), and Samsung Reinsurance Pte. Ltd. (Singapore). Concurrently, AM Best also has affirmed the FSR of A- (Exc

6sense Advances Use of AI to Unlock B2B Revenue Potential at Breakthrough 2024

Thu, 10/10/2024 - 12:44
LAS VEGAS--(BUSINESS WIRE)--6sense®, the leading platform revolutionizing B2B revenue generation, this week hosted Breakthrough 2024. The annual event brought together more than 1,200 sales and marketing leaders, providing a dynamic environment for in-person connection and collaboration to advance innovative uses of AI technology in driving business growth. “Breakthrough 2024 showcased the energy and creativity revenue professionals generate when sharing wins and learning from each other,” said

Astrion Announces New Executive Leadership Team to Accelerate Innovation and Drive Growth, Following Axient Acquisition

Thu, 10/10/2024 - 12:44
WASHINGTON--(BUSINESS WIRE)--Astrion, a leading provider of mission support and advanced engineering services to the U.S. government, today announced a new executive leadership team. This strategic move aims to propel the company's mission of delivering cutting-edge solutions and services to its customers, following the recent acquisition of Axient. Industry veteran Dave Zolet will continue as Astrion's Chief Executive Officer. "Joining forces with Axient positions Astrion as a unique player in

KBRA Assigns Preliminary Ratings to Luminace ABS-2024 Issuer, LLC

Thu, 10/10/2024 - 12:44
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to Luminace ABS-2024 Issuer, LLC (the Issuer), a commercial and industrial (C&I) solar ABS transaction. The transaction is secured by forward project revenues from a portfolio of C&I and community solar PV systems, the majority of which are owned by two tax equity partnerships, each of which is a partnership between a managing member and a tax equity investor. At closing, the Issuer will have a managing member interest for each

SMArtX Advisory Solutions Welcomes Allspring Global Investments to SMArtY Platform

Thu, 10/10/2024 - 12:44
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #AdvisorTech--SMArtX Advisory Solutions, an innovator in managed accounts technology, today announced that Allspring Global Investments has joined the manager-sponsored platform known as SMArtY. This partnership brings Allspring’s direct indexing capabilities to the platform, further expanding its suite of leading investment solutions. Allspring, a highly regarded asset management firm, will now offer its innovative, tax-advantaged, personalized separately managed acco

AM Best Revises Outlooks to Positive for Pacific Indemnity Insurance Company

Thu, 10/10/2024 - 12:44
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Pacific Indemnity Insurance Company (Pacific Indemnity) (Guam). The Credit Ratings (ratings) reflect Pacific Indemnity’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk m

AM Best to Host Webinar on Defending Artificial Intelligence Claims

Thu, 10/10/2024 - 12:44
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best will host a complimentary webinar, titled, “Defending Artificial Intelligence Claims,” on Nov. 13, 2024, at 2:00 p.m. (EST). In this webinar, a panel of insurance defense counsel will examine emerging risks, defense strategies and evolving precedent for AI-related litigation. Register now. Panelists include: Matt Keris, shareholder, Marshall Dennehey Rachel Cooper, partner, product liability & regulation, McMillan Dan Thompson, president & chief e

Tinicum Announces Acquisition of Tornatech in Partnership with Management

Thu, 10/10/2024 - 12:44
NEW YORK--(BUSINESS WIRE)--Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in Groupe Tornatech Inc. (“Tornatech”). Co-Presidents Marc Goupil and Dominic Bergeron will retain a significant ownership interest in the company, and the company’s global headquarters will remain in Laval, Quebec. The financial terms of the transaction were not disclosed. Tornatech is a leading global designer and manufacturer of

Gateway Equity Call Premium Fund (GCPYX) Celebrates Ten Years

Thu, 10/10/2024 - 12:44
BOSTON & CINCINNATI--(BUSINESS WIRE)--Natixis Investment Managers and Gateway Investment Advisers celebrate the 10-year anniversary of the Gateway Equity Call Premium Fund (GCPYX).

A Tipping Point: New Automation Engine Set to Revolutionize Employee Benefits Marketing Engagement

Thu, 10/10/2024 - 12:44
DENVER--(BUSINESS WIRE)-- #benefitsadministration--Businessolver®, the market-leader in SaaS-based HR and benefits technology, is pleased to unveil their Benefits Communication and Automation Engine, a suite of tools and services designed to support employers in optimizing overall employee benefit marketing and campaign efforts, far surpassing the traditional communications tactics such as emails and texts. Employers can no longer rely on a one-size-fits-all communications approach to ensure that members of varying gene

SullivanCotter Report Shows Increases in Physician Compensation Return to Historical Annual Growth Levels

Thu, 10/10/2024 - 12:44
CHICAGO--(BUSINESS WIRE)--SullivanCotter, the nation’s leading independent consulting firm in the assessment and development of total rewards programs, workforce solutions, and data products for health care and not-for-profits, has released new data and benchmarks from its 2024 Physician Compensation and Productivity Survey Report. Although median total cash compensation (TCC) continues to increase year-over-year across all major specialty categories, it has returned to historical average growt

 Odgers Berndtson Aligns U.S. and Canadian Businesses: A Strategic Move to Prioritize Clients and Enhance the Firm’s Integrated Leadership Offering Across North America

Thu, 10/10/2024 - 12:44
WASHINGTON--(BUSINESS WIRE)--Odgers Berndtson Aligns U.S. and Canadian Businesses: A strategic move to prioritize clients and enhance the firm’s integrated leadership offering.

Avantax Welcomes New Independent Financial Advisors with approximately $390 Million in Combined Assets

Thu, 10/10/2024 - 12:44
DALLAS--(BUSINESS WIRE)--Avantax® Inc. (Avantax), a unique community within Cetera Holdings and a leader in tax-focused financial planning and wealth management, welcomes several new independent financial advisors who have affiliated with Avantax to help strengthen their ability to offer clients comprehensive tax-intelligent financial services. Financial Professionals transferring to Avantax want the tax-intelligent tools, technology, resources and Home Office support needed to help clients pur

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