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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

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

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

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

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

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

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

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

BOSTON & CINCINNATI--(BUSINESS WIRE)--Natixis Investment Managers and Gateway Investment Advisers celebrate the 10-year anniversary of the Gateway Equity Call Premium Fund (GCPYX).

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

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

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.

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

NEW YORK--(BUSINESS WIRE)--Noetica AI, an AI-powered software platform for benchmarking deal terms, today announced $22 million in Series A funding as it continues to deliver best-in-class capital markets insights to top law firms and financial institutions. The round was led by Lightspeed Venture Partners, with participation from Thompson Reuters Ventures, Bling Capital, Flybridge Capital, Company Ventures, and TheLegalTech Fund. Over the past year alone, Noetica’s platform has been used to be

KIRKLAND, Wash.--(BUSINESS WIRE)--Kirkland-based IT managed service provider (MSP) FusionTek is pleased to announce its acquisition of Seattle-based IT company, dpe Systems. This marks the second acquisition in just a year, signaling FusionTek's strategic efforts to identify and acquire companies that fill gaps in their offerings, enhancing their ability to deliver more comprehensive solutions to the businesses they serve. FusionTek, based out of the greater Seattle area, is a technology suppor

NEW YORK & WASHINGTON--(BUSINESS WIRE)--iConnections, the leading financial technology platform connecting asset allocators and investment managers, and MFA, the trade association representing the global alternative asset management industry, today unveiled an exceptional roster of speakers and key themes for the inaugural joint Global Alts Miami Conference. The event is scheduled for January 27-30, 2025 at the Miami Beach Convention Center and will be the largest and most comprehensive cap int

JACKSONVILLE, Fla.--(BUSINESS WIRE)--Forcura, a healthcare workflow management company, today announced its entire technology platform, inclusive of the following components, has once again earned certified status by HITRUST for information security: MyForcura Forcura IQ Forcura Circle Forcura Analytics HITRUST r2 Certification demonstrates that Forcura’s entire technology platform has met demanding regulatory compliance and industry-defined requirements and is appropriately managing risk. This

NEW YORK--(BUSINESS WIRE)--DoubleVerify (“DV”) (NYSE: DV), a leading software platform for digital media measurement, data and analytics, today announced the upcoming introduction of content-level pre-screen avoidance on Meta’s Facebook & Instagram Feed and Reels, expanding its suite of independent brand safety and suitability tools. This release will empower advertisers to proactively avoid content they deem unsuitable before their ads are served, protecting brand reputation across Meta’s

BERKELEY, Calif.--(BUSINESS WIRE)--Fintech startup Sidepit, Inc. today announced the successful close of its pre-seed financing round. The funding will enable Sidepit to accelerate the development of a transformative trading platform built around a patented Decentralized Limit Order Book (DLOB). This new technology is designed to democratize trading by eliminating the hidden market manipulation commonly found in both centralized and decentralized exchanges. Following a roadshow across San Franc

NEW YORK--(BUSINESS WIRE)--Today Kramer Levin announced that it formalized a multidisciplinary private credit practice, leveraging the firm’s depth of industry knowledge and extensive experience across the borrowing and lending community to continue providing clients with comprehensive support for an asset class that plays an indispensable role in today’s dynamic finance market. Kramer Levin’s Private Credit practice brings together its existing practices and lawyers that focus on working with