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AM Best Affirms Credit Ratings of Co-operative Life Limited

Thu, 09/05/2024 - 12:19
SINGAPORE--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” (Good) of Co-operative Life Limited (Co-op Life) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Co-op Life’s balance sheet strength, which AM Best assesses as adequate, as well as its strong operating performance, limited business profile and appropriate enterprise risk management. In addition, the ratings fact

Cobre Raises $35 Million Series B to Continue Product and Market Expansion

Thu, 09/05/2024 - 12:19
BOGOTÁ, Colombia--(BUSINESS WIRE)--Cobre, a Colombia-based treasury platform that has been powering top Latin American CFO offices since 2020, announced today that it secured $35 million in Series B funding led by Oak HC/FT. Existing investors Kaszek, QED and Canary also participated in the round. Cobre allows companies to centralize all their money movement and banking partners, accelerating domestic and cross-border payments while accessing all their bank accounts in real-time for unified man

MIT Sloan CFO Summit Presents “The Intentional CFO: Innovative and Pragmatic”

Thu, 09/05/2024 - 12:19
CAMBRIDGE, Mass.--(BUSINESS WIRE)--The MIT Sloan CFO Summit, the premier one-day conference for CFOs, celebrates its 22nd anniversary connecting financial leaders across a broad mix of business structures, stages and sectors. The nation’s preeminent CFO event, to be held Thursday, November 21, 2024, attracts 400+ CFOs and senior financial executives. With its theme of “The Intentional CFO: Innovative and Pragmatic,” the conference features panel sessions that include Smart & Savvy FP&A;

Making an Impact: Olson Grimsley Celebrates One-Year Anniversary, Year of Groundbreaking Trial Wins

Thu, 09/05/2024 - 12:19
DENVER--(BUSINESS WIRE)--National plaintiff-side and public interest boutique law firm Olson Grimsley LLC is marking its one-year anniversary, celebrating a year of groundbreaking litigation and monumental trial wins already creating significant change across the country. The “impact litigation” firm, which was established in September 2023 by veteran trial lawyers Eric Olson, Sean Grimsley, Kenzo Kawanabe, Abigail Hinchcliff, and Jason Murray, was founded with the purpose of taking on the bigg

Practice by Numbers Introduces In-Office Payments for Dental Practices

Thu, 09/05/2024 - 12:19
REDMOND, Wash.--(BUSINESS WIRE)-- #AllInOneSolution--Practice by Numbers introduces a new in-office payment solution, streamlining the processes and enhancing patient experience for dental practices.

Harmonic Growth Partners Welcomes Daniel Vernic as Principal, Strengthening its Unique Investment Model of Experienced Investors and World-Class CEOs

Thu, 09/05/2024 - 12:19
SAN FRANCISCO & CHEVY CHASE, Md.--(BUSINESS WIRE)--Harmonic Growth Partners, a leading expansion-stage investment firm that uniquely combines experienced investors with world-class technology CEOs, is excited to announce the addition of Daniel Vernic to its investment team as a Principal. Daniel's addition underscores Harmonic's commitment to offering market-leading, rapidly scaling technology companies a highly differentiated and valuable investment partner. Based in San Francisco, Daniel spen

Paystand Expands Its Zero-Fee Payments Network into the Canadian Market as Canadian Businesses Grow Leery of Credit Payments

Thu, 09/05/2024 - 12:19
SCOTTS VALLEY, Calif.--(BUSINESS WIRE)--Paystand, the leader in blockchain-enabled B2B payments, expands its zero-fee B2B payment network into the Canadian market.

Clara Capital LLC Appoints Matthew Byron Chief Financial Officer

Thu, 09/05/2024 - 12:19
SYOSSET, N.Y.--(BUSINESS WIRE)--Clara Capital LLC (“Clara Capital”), a leading small business lending company, is excited to announce the appointment of Matthew Byron as its new Chief Financial Officer (CFO) effective immediately. A highly qualified and accomplished executive, Matt previously served as President and COO of a reputable merchant services company (“the company”). Prior to his five-year tenure at the company, he was COO and CFO of a New York City private equity backed merchant cash

Arch Insurance to Host Webinar on Updates to Paid Family and Medical Leave Programs in Delaware, Maine, Maryland and Minnesota

Thu, 09/05/2024 - 12:19
NEW YORK--(BUSINESS WIRE)--Arch Insurance North America (Arch Insurance), a provider of short-term disability insurance and paid family and medical leave (PFML) coverage, has collaborated with the Disability Management Employer Coalition (DMEC) on a webinar that will provide an overview on the PFML landscape through 2026. Topics include changes to existing state laws, coordination of benefits with non-mandated plans, and key reminders and updates for employers with staff in Delaware, Maine, Mar

FYBR Merger Investigation Alert: Halper Sadeh LLC Is Investigating Whether the Sale of Frontier Communications Parent, Inc. Is Fair to Shareholders

Thu, 09/05/2024 - 12:19
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of Frontier Communications Parent, Inc. (NASDAQ: FYBR) to Verizon Communications Inc. for $38.50 per share in cash is fair to Frontier shareholders. Halper Sadeh encourages Frontier 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

D.A. Davidson Announces The Herd 2024 Featuring the Top 100 Privately-Held Software Companies Globally

Thu, 09/05/2024 - 12:19
NEW YORK--(BUSINESS WIRE)--D.A. Davidson & Co. today released its fifth annual The Herd report featuring the top 100 privately-held software companies globally, largely falling within D.A. Davidson’s core areas of software expertise: application and vertical software and infrastructure and security software. These private companies have shown a strong track record of innovation and were selected based on scale, growth, market awareness, capitalization, strategic positioning, and other propr

Federman & Sherwood Investigates Octapharma Plasma, Inc. for Data Breach

Thu, 09/05/2024 - 12:19
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Octapharma Plasma, Inc. for Data Breach

Macquarie Asset Management Expands Flagship Emerging Markets Equity Platform With New ETF

Thu, 09/05/2024 - 12:19
PHILADELPHIA--(BUSINESS WIRE)--Macquarie Asset Management today announced the launch of Macquarie Focused Emerging Markets Equity ETF (EMEQ), which began trading on the Nasdaq Stock Market today. The new exchange-traded fund (ETF) is managed by the firm’s Emerging Markets Equity Team, led by Liu-Er Chen, CFA. The experienced team, with $US8.3 billion in assets under management, has applied its investment philosophy consistently for more than two decades and believes that the combination of secu

IMN Enterprises Launches Clinical Magnet, a Concierge Direct Hire Healthcare Recruitment Division

Thu, 09/05/2024 - 12:19
DALLAS--(BUSINESS WIRE)-- #Healthcare--IMN Enterprises Launches Clinical Magnet, a Direct Hire Healthcare Recruitment Division

Blackwell Captive Solutions Appoints Ashley Sheble as National Vice President, Sales, to Spearhead Next Phase of Growth

Thu, 09/05/2024 - 12:19
CHICAGO--(BUSINESS WIRE)--Blackwell Captive Solutions, a leading U.S.-based provider of innovative group captive solutions, is pleased to announce the appointment of Ashley Sheble as the new National Vice President, Sales. This strategic addition to the team comes as Blackwell continues its expansion, celebrating its second anniversary and recent industry recognitions. “Ashley’s proven track record in exceeding sales goals and her deep expertise in the healthcare and benefits sector make her an

Federman & Sherwood Investigates Propark Mobility for Data Breach

Thu, 09/05/2024 - 12:19
OKLAHOMA CITY--(BUSINESS WIRE)-- #FedermanSherwood--Federman & Sherwood Investigates Propark Mobility for Data Breach

Next-Gen Property Valuations: PropStream Announces New AVM & AI Innovations

Thu, 09/05/2024 - 12:19
LAKE FOREST, Calif.--(BUSINESS WIRE)-- #AVM--PropStream launches machine learning AI—AI Property Values and AVM (Automated Valuation Model).

Insurity Partners with Gain Life to Become the First Major Claims System to Offer a Fully Integrated Claims Communication Platform

Thu, 09/05/2024 - 12:19
HARTFORD, Conn.--(BUSINESS WIRE)--Insurity, the leading provider of cloud-based software and analytics for insurance carriers, brokers, and MGAs, today announced it has partnered with Gain Life, a company specializing in improving the claims process through the integration of behavioral economics and AI. The partnership with Gain Life and use of its innovative claims communication platform will enable Insurity to offer automated 24/7 guidance and support to claimants and policyholders, making i

Cambridge Savings Bank Promotes Daniel Carey to Senior Vice President, Chief Financial Officer

Thu, 09/05/2024 - 12:19
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #SMBs--Cambridge Savings Bank has promoted Daniel Carey to Senior Vice President, Chief Financial Officer.

Energy Capital Partners (ECP) Acquires Majority Interest in PROENERGY

Thu, 09/05/2024 - 12:19
SUMMIT, N.J. & SEDALIA, Mo.--(BUSINESS WIRE)--Energy Capital Partners (“ECP") has acquired a majority interest in PROENERGY Holdings (“PROENERGY”), a vertically integrated aeroderivative gas turbine platform with a 2.4 GW fleet of contracted peakers in Texas, from affiliates of Eos Partners and ACON Investments. Financial terms were not disclosed. In addition to its 2.4 GW portfolio of operating power plants, PROENERGY provides repair and maintenance services for the global GE LM6000 and LM2500

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