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Best’s Market Segment Report: Managing General Agents Adapt to Changing Demands and Added Scrutiny
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--As premium in the delegated underwriting authority enterprises (DUAE) sector continues to increase, the capacity being afforded this sector is becoming more selective and more dialed-in on long-term underwriting quality and greater stability on loss ratios rather than growth, according to a new AM Best report.The Best’s Market Segment Report, titled, “Managing General Agents Adapt to Changing Demands and Added Scrutiny,” states that 2025 marked the fifth consecuti
Triumph Launches RFP Manager, Leveraging Real Freight Transaction Data to Improve Contract Pricing
DALLAS--(BUSINESS WIRE)---- $TFIN #RFPManagement--Triumph launched RFP Manager, using real freight transaction and payment data to help brokers price contracts faster and manage RFP bids confidently.
Cannae Holdings, Inc. Acquires 100% of Exeter Rugby Group, Accelerating Its Strategy of Concentrating on Sports and Entertainment Assets
LAS VEGAS--(BUSINESS WIRE)--Cannae Holdings, Inc. (NYSE: CNNE) ("Cannae" or the "Company") today announced that through its newly created subsidiary Black Knight Rugby, it has completed the acquisition of Exeter Rugby Group (“Exeter Chiefs”, “Exeter” or the “Club”), a leading professional rugby union club based in Exeter, Devon, England and a member of Gallagher PREM Rugby (“PREM Rugby” or the “PREM”), which is the top division of the English rugby union system. The Club has a proven track reco
Voyager Interests Acquires Rotorcraft Leasing Company
HOUSTON--(BUSINESS WIRE)--Voyager Interests (“Voyager”), a private equity firm specializing in energy services and equipment (“ES&E”) investments, today announced its acquisition of Rotorcraft Leasing Company, LLC (“RLC” or the “Company”) from Bluehenge Capital Partners and a consortium of other investors. Financial terms of the transaction were not disclosed. Headquartered in Broussard, Louisiana, RLC is one of the largest helicopter operators serving the offshore Gulf Coast and California
Genesys Acquires Pinkfish to Accelerate the Future of Autonomous Customer Experiences
SAN FRANCISCO--(BUSINESS WIRE)--Genesys®, a global cloud leader in AI-Powered Experience Orchestration, today announced it has acquired Pinkfish, a leading agentic orchestration workflow company. This acquisition will expand Genesys Cloud™ AI with MCP-based tool integration and workflow automation capabilities, helping organizations connect customer intent to governed actions across enterprise systems and accelerate the adoption of trusted autonomous experiences that drive business outcomes. Te
Monroe Capital Supports Littlejohn & Co., LLC’s Acquisition of Milrose Consultants
CHICAGO--(BUSINESS WIRE)--Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Milrose Consultants (“Milrose”) by private equity sponsor Littlejohn & Co., LLC. Founded in 1988 and headquartered in New York City, Milrose offers fully integrated building lifecycle services in permitting, architectural and engineering consulting, code consulting, municipal compliance, and special
RAD Intel Acquires Majority Stake in AVCommunications, Expanding AI-Powered Audience Intelligence Into Multicultural Marketing
LOS ANGELES & TORONTO--(BUSINESS WIRE)-- #AIMarketing--RAD Intel, the leader in AI-driven marketing decision intelligence, today announced it has acquired a majority stake in AVCommunications Inc. (AVC), Canada’s leading multicultural marketing agency and one of the country’s fastest-growing independent firms. The transaction establishes a strategic partnership to integrate RAD’s proprietary intelligence platform with AVC’s two decades of multicultural expertise across North America, Asia, and Europe.This new
RF Investment Partners Exits Ally Waste Services Following Transformational Growth
NEW YORK--(BUSINESS WIRE)--RF Investment Partners, a leading growth capital investor, announced today the successful exit of Ally Waste Services, a technology-enabled provider of managed waste solutions for multifamily housing communities nationwide. This exit marks the culmination of a transformational partnership that began in 2022 and reshaped Ally Waste from a small southwestern valet trash provider into a national managed waste platform, serving customers across more than 42 states. Since
O2 Invests in and Partners with Pooltek Services
SADDLE BROOK, N.J.--(BUSINESS WIRE)-- #O2Investment--O2 Investment Partners is pleased to announce that it has made an investment in and partnered with Pooltek Services.
Powerlaw Corp. (Nasdaq: PWRL) Highlights Groq Holding as Company Closes $650 Million Round
SAN FRANCISCO--(BUSINESS WIRE)--Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlighted its portfolio exposure to Groq following the company's new $650 million funding round as of June 22, 2026. The company was last valued at $6.9 billion, following a $750 million funding round in September 2025. “We held Groq into a defining liquidity event and stayed for the second act,” said Ben Black, Chief Investment Officer of PWRL. “Since
Experian Data Finds Travel Plans Take Off Despite Costs, Many Willing to Take on Debt
COSTA MESA, Calif.--(BUSINESS WIRE)--New data from Experian shows that consumers continue to prioritize summer getaways and experiences, even if it means going into debt.
Klaviyo Launches AI Agents that Work Together to Drive Revenue for Consumer Brands
BOSTON--(BUSINESS WIRE)--Today, Klaviyo (NYSE: KVYO), the autonomous B2C CRM, announced that Composer, its AI marketing agent, is moving to public beta along with major advancements to Customer Agent. Two agents built into Klaviyo's CRM platform, working from the same real-time customer data across marketing and service to drive revenue. Brands are investing in AI but most aren't seeing the return. Generic AI gives generic results because it doesn't know your brand voice, your customer history,
Kraken Goes Live on Trever to Bring Full-Service Prime Brokerage to European Financial Institutions
CHEYENNE, Wyo. & GRAZ, Austria--(BUSINESS WIRE)--Kraken Prime, the full-service prime brokerage offering trading, qualified custody and other financial services through an integrated platform, is now available through Trever, the operating standard in digital asset banking. Trever’s Digital Asset Operating System is used by financial institutions across Europe to manage the full digital asset lifecycle within a single environment – including trading, treasury, settlement and bookkeeping. From t
Microsoft Takes Sisvel Wi-Fi Multimode Patent Pool Licence
LUXEMBOURG--(BUSINESS WIRE)-- #Licensing--Microsoft has become a licensee of the Sisvel Wi-Fi Multimode pool. The US computer and software giant is the latest in a string of major companies to take a licence to the standard essential patents offered through the programme. In doing so, it joins ASUS, Hewlett Packard Enterprise and Sony Group Corporation, as well as Huawei, Panasonic, Philips and ZTE which are also pool licensors alongside KPN, Mitsubishi Electric, Orange, Aegis 11 (a Sisvel affiliate), SK Te
Passport evolves for the new era of market intelligence: Euromonitor International
LONDON--(BUSINESS WIRE)-- #china--Euromonitor International today unveiled the next generation of Passport, the flagship market data and insights solution, rebuilt from the ground up to change how clients discover, decide and act on market intelligence. Passport has been completely redeveloped, paving the way for years of innovation ahead while putting Euromonitor's trusted intelligence directly into the tools and workflows clients already rely on. Tim Kitchin, CEO at Euromonitor International, said: “T
NCR Atleos Extends Long-Standing Relationship with Shell UK Oil Products to Operate ATMs Across National Forecourt Network
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced an extension of its long-standing relationship with Shell UK Oil Products Limited, to operate ATMs across Shell’s forecourt network in the United Kingdom. Under the renewed agreement, NCR Atleos will manage 408 free-to-use ATMs across Shell’s national forecourt estate, helping ensure consistent and conv
Regnology Launches Regnology Risk Hub (RRiH) Ascend to Deliver Governed, AI Powered Intelligence to Balance Sheet and Enterprise Risk Management
FRANKFURT, Germany--(BUSINESS WIRE)-- #Regnology--Regnology launches its Risk Hub Ascend, powered by RGI, delivering unified risk intelligence and AI-powered, proactive enterprise decisions.
Corient Accelerates European Growth With the Addition of Letus Private Office
MIAMI & PARIS--(BUSINESS WIRE)-- #Corient--Corient acquires Letus Private Office, a wealth advisory firm serving ultra-high-net-worth individuals and families across France and Europe.
PRIMERICA HOUSEHOLD BUDGET INDEX™ (HBI™): Gas Prices Continued to Weigh on Purchasing Power of Middle-Income Families in May
DULUTH, Ga.--(BUSINESS WIRE)--The latest Primerica Household Budget Index™ (HBI™) data, a monthly economic metric that examines how inflation and wage trends impact the ability of middle-income families to afford life’s everyday necessities, is estimated at 98.3% in May, down 1.1% from April and down 1.7% from a year ago. Gas prices rose in May, remaining the primary driver of declining purchasing power, although growth slowed month-over-month to 8.6% in May from 11% in April. Earned income inc
Investor Notice: Robbins LLP Informs Investors of the Hub Group, Inc. Securities Class Action
SAN DIEGO--(BUSINESS WIRE)---- $HUBG #Transportation--Robbins LLP informs stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Hub Group, Inc. (NASDAQ: HUBG) securities between April 28, 2023 and May 11, 2026. Hub Group is a transportation logistics company that provides trucking services across North America.For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.The Allegations: Robbins LLP is Investigating Allegation
