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Phyn and Bamboo Insurance Partner to Provide Innovative Water Solutions for California Homeowners
LOS ANGELES--(BUSINESS WIRE)--Phyn, the leader in intelligent water solutions, today announced that it is joining forces with Bamboo, a property and casualty insurance organization that prioritizes simplicity, transparency, and savings, to protect homes from water-related loss and help address the challenges California residents face in securing dependable homeowners insurance. The partnership offers eligible Bamboo policyholders a 10% discount* on insurance premiums for homeowners who install
DWS Appoints Jay DeWaltoff as Head of U.S. Real Estate Debt Team
NEW YORK--(BUSINESS WIRE)--DWS, a leading global asset manager, today announced that Jay DeWaltoff has joined the firm as Head of U.S. Real Estate Debt to accelerate the growth of its existing U.S. real estate credit business and expand its global private credit platform. He will be based in the firm’s New York City office and report directly to Todd Henderson, Co-Global Head of Real Estate and Head of Real Estate for the Americas. Mr. DeWaltoff brings over two decades of origination and struct
Chartis Announces Majority Investment from Blackstone to Advance Mission of Healthcare Transformation
CHICAGO & NEW YORK--(BUSINESS WIRE)--Chartis, a leading healthcare advisory firm, today announced that it has entered into a definitive agreement to receive a majority investment from funds managed by Blackstone (”Blackstone”). This strategic investment will support the firm’s continued growth as a leading advisor to providers, payers, technology innovators, retail companies, and investors who are making positive and transformative change within US healthcare. The investment includes continued
AM Best Affirms Credit Ratings and Assigns National Scale Rating to Egyptian Takaful Property & Liability Insurance Company (Egyptian Joint Stock Company)
LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of B- (Fair) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “bb-” (Fair) of Egyptian Takaful Property & Liability Insurance Company (Egyptian Joint Stock Company) (EGTAK) (Egypt). The outlook of these Credit Ratings (ratings) is stable. Additionally, AM Best has assigned the Egypt National Scale Rating (NSR) of aa+.EG (Superior) to EGTAK with a stable outlook. The ratings reflect EGTAK’s balance she
SpringTide Launches Inaugural Wave Meeting to Shape the Future of Healthcare
SALT LAKE CITY--(BUSINESS WIRE)--SpringTide Ventures, a leader in early-stage Health Tech venture capital, today announced Wave 2024. Scheduled for October 2-3, 2024, in Alta, Utah, this annual meeting convenes the top 100 leaders in healthcare to dive deeply into the most impactful emerging technologies, policies, and models of care and payment. “Wave provides something that the larger industry conferences no longer provide: The opportunity for the most forward-thinking C-level executives to m
PSR and FICO Platform Help Mexico’s CENACE Stop Floods and Boost Power Production
MEXICO CITY--(BUSINESS WIRE)--FICO (NYSE: FICO): Highlights: PSR uses FICO® Platform Enterprise Optimization capabilities to help improve energy production and water resource management CENACE, Mexico’s National Center for Energy Control, adopts PSR’s tools to optimize the country’s power system operations Implementation results in over US$300 million in savings in 2022 and enhanced flood management in Tabasco PSR won the 2024 FICO® Decision Award for ESG Champion PSR, a global provider of anal
Super Bowl Champion Brock Osweiler Joins Rising Tides Army
ST. LOUIS--(BUSINESS WIRE)--SHARx, a patient advocacy and supply-chain management company addressing the nation’s out of control drug prices, announced today on its new podcast Rising Tides, that former Denver Bronco, Miami Dolphin and Arizona State Sun Devil quarterback, and current ESPN College Football analyst Brock Osweiler will serve as a national brand ambassador. In the role, Osweiler will help spearhead SHARx grassroots movement to rein in America’s overly inflated prescription drug cos
Simplex Trading Appoints Nancy Laethem Stern as General Counsel
CHICAGO--(BUSINESS WIRE)--Simplex Trading, a leader in the proprietary trading and market making industry, is pleased to announce the appointment of Nancy Laethem Stern as Managing Director, General Counsel. Ms. Stern joins the Simplex management team with oversight of the firm’s legal and compliance functions and supporting the firm’s business and growth strategies. “I truly admire what Erik and the entire leadership team of Simplex has built – a collaborative environment that best allows our
DLP Bank Makes Debut on Inc. 5000 List of Fastest-Growing Companies
ST. AUGUSTINE, Fla.--(BUSINESS WIRE)--DLP Bank, a cornerstone of Northeast Florida’s banking community committed to serving local communities, proudly announces its first-ever inclusion on the Inc. 5000 list of "Fastest-Growing Private Companies in America." Ranked at #4357 overall, DLP Bank is also positioned at #253 in the Financial Services sector and #406 among all companies in Florida. Notably, DLP Bank is one of only five banks to make the prestigious list in 2024, a significant achieveme
Ceto Acquires VPCtech to Enhance Service Offerings for Financial Institutions
ATLANTA--(BUSINESS WIRE)--Ceto, a leader in providing data-driven insights for financial institutions, announced the acquisition of VPCtech, known for its strategic expertise in banking practices. "We are pleased to announce the acquisition of VPCtech, a multifaceted organization that excels in Fiserv/DNA platform transformations, enhancing technology infrastructure, and platform optimization. This strategic move marks a milestone for Ceto, allowing us to expand our service offerings and drive
EasyKnock Named 2024 PropTech Breakthrough Alternative Financing Platform of the Year
NEW YORK--(BUSINESS WIRE)--EasyKnock, the company enabling American homeowners to convert the trapped equity in their homes, announces it has been named “Alternative Financing Platform of the Year” by the prestigious PropTech Breakthrough Awards. EasyKnock is the leading company helping Americans convert their “trapped” home equity without needing to take on additional debt while also remaining in their homes. The company is offering a critical solution to millions of Americans who are being de
Cambridge Savings Bank Revamps its Commercial Lending Team, Promotes Ian Brandon to EVP, Chief Commercial Banking Officer
CAMBRIDGE, Mass.--(BUSINESS WIRE)-- #SMBs--Cambridge Savings Bank revamps its commercial lending team and promotes Ian Brandon to EVP, Chief Commercial Banking Officer.
Cadmus Awarded $200M USAID Digital Forward Contract
ARLINGTON, Va.--(BUSINESS WIRE)--Cadmus is pleased to announce the award of the Digital Forward program by the United States Agency for International Development (USAID), a $200 million initiative that aims to drive digital integration and expansion across the Agency’s technical and regional sectors. As USAID’s flagship digital development mechanism, Digital Forward delivers comprehensive digital development-focused research, training, change management, and strategy support along with digital-
Tel-Instrument Electronics Corp. Reports Financial Results For First Quarter FY 2025
EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Tel-Instrument Electronics Corp. (“Tel-Instrument,” “TIC,” or the “Company”) (OTCQB: TIKK), a leading designer and manufacturer of avionics test and measurement solutions, today reported a net income of $42K ($0.02) per basic and per diluted share, on revenues of $2.8 million for the first quarter of 2025 fiscal year, ended June 30, 2024. Notes On First Quarter: Revenues for the first quarter were $2.8 million, as compared to $2.9 million in the year-ago
Phenom Hiring Intelligence Named Best SaaS Product for Recruitment by The 2024 SaaS Awards
PHILADELPHIA--(BUSINESS WIRE)-- #HRTech--Phenom Hiring Intelligence Named Best SaaS Product for Recruitment by The 2024 SaaS Awards
Global Atlantic Featured in Barron’s 100 Best Annuities Guide in Four Categories
HARTFORD, Conn.--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, announced its inclusion in Barron’s annual guide to the 100 Best Annuities, marking the firm’s third consecutive appearance on this list. Annuities issued by Global Atlantic subsidiary Forethought Life Insurance Company were recognized in the following categories: Deferred-Income Annuities; Fixed-Index
Sinclair Expands Podcast Content Division, Launches Sports Talent Programming with “The Triple Option” with Urban Meyer, Mark Ingram II, and Rob Stone and “Throwbacks” with Matt Leinart and Jerry Ferrara
BALTIMORE--(BUSINESS WIRE)--This month, Sinclair is expanding its podcast division, launching a new slate of sports programming featuring top athletes, coaches, and experts. On August 21 Sinclair will launch “The Triple Option,” hosted by Urban Meyer, Mark Ingram II, and Rob Stone. On September 5, “Throwbacks” with Matt Leinart and Jerry Ferrara will debut. Sinclair expects to introduce additional shows to its growing podcast lineup, giving audiences unparalleled access to the athletes and the
Brazilian Firms Balance Benefits, Costs of Multicloud Use
SÃO PAULO--(BUSINESS WIRE)---- $III #AI--The popularity of multicloud infrastructure has grown in Brazil as enterprises increasingly view cloud migration as a competitive necessity, ISG says.
Summit Park Leads Majority Recapitalization of Hylaine in Partnership with Management
CHARLOTTE, N.C.--(BUSINESS WIRE)--Summit Park is pleased to announce the majority recapitalization of Hylaine, LLC (“Hylaine” or “the Company”), a technology consulting firm specializing in delivering innovative solutions through Data Engineering, Application Development and Program Management, in partnership with management. The transaction marks Summit Park’s fourth platform acquisition in its fourth fund, Summit Park IV, L.P. Founded in 2017 and headquartered in Charlotte, North Carolina, Hy
Winston & Strawn Adds Two Transactions Partners in Houston
HOUSTON--(BUSINESS WIRE)--Winston & Strawn LLP announced today the addition of Kevin Brophy and Ming Lei as partners in the firm’s Houston Office and as members of the Transactions Department. Kevin focuses his practice on energy-related matters, including the upstream and midstream sectors. He regularly advises on investments and financings of energy projects and assets, including, mergers and acquisitions, joint ventures, asset acquisitions and dispositions, and acquisitions and dispositi