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AM Best Affirms Credit Ratings of North End Re Ltd.
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of North End Re Ltd. (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings were released publicly with an effective date of April 16, 2025. The ratings reflect North End Re Ltd.’s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and
Multibrain Launches Bold Initiative to Help Entrepreneurs Declutter Their Digital Lives and Reclaim Focus
LOS ANGELES--(BUSINESS WIRE)-- #DigitalDeclutter--Virtual event brings together top experts to help entrepreneurs turn chaos into clarity, starting with their screens. Multibrain, the leader in digital organization and social media solutions for entrepreneurs, is tackling a modern epidemic that's quietly derailing productivity, clarity, and growth: digital clutter. From overflowing inboxes to scattered files and disorganized content assets, the modern entrepreneur is surrounded by invisible chaos that drains menta
Vanilla Announces Partnership with $560B Firm Mariner
SALT LAKE CITY--(BUSINESS WIRE)--Vanilla, the leading platform in modern estate planning, announced a partnership with Mariner, a national financial services firm, to deliver estate planning and advisory capabilities to the more than 700 advisors managing $560B in assets at the firm. Since the partnership began, Mariner has seen a 200% increase in revenue growth rates among the advisors who have adopted Vanilla for holistic planning. “We’re thrilled to have expanded our relationship with an ico
Silver Lake Enhances Executive Leadership Team
MENLO PARK, Calif. & NEW YORK--(BUSINESS WIRE)--Silver Lake, the global leader in technology investing, announced today the expansion of its senior leadership team. Karen King, a deeply respected Silver Lake executive who joined the firm over 21 years ago and has served as Managing Director & Chief Legal Officer since 2010, has been promoted to the newly created business role of Managing Director & Chief Operating Officer. Justin Hamill, who has served as esteemed outside counsel to Sil
Unum Group Named Ethisphere BELA Community Champion
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) has been named a 2025 Business Ethics Leadership Alliance (BELA) Community Champion by Ethisphere. This recognition is given for outstanding contributions to the BELA member community — a global network of companies that recognize the inherent value of promoting ethical leadership and a world-class compliance culture. Active participation in knowledge sharing, regulatory relationship building, and continuous learning were key factors i
AM Best Revises Outlooks to Negative for Knight Insurance Company Ltd. and Its Affiliates
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Knight Insurance Company Ltd. (Cayman Islands), KnightBrook Insurance Company, Knight Specialty Insurance Company (both of Wilmington, DE) and Guilderland Reinsurance Company (New York, NY). These companies collectively are referred to as Knight. The Credit Ratings (ratings) of Knight
Edge Focus Closes Inaugural $150 Million ABS Deal, Launching Its Tech-Enabled Credit Platform Into the Capital Markets
NEW YORK--(BUSINESS WIRE)--Edge Focus, a fast-growing private credit firm focused on consumer assets, today announced the successful closing of its inaugural asset-backed securities (ABS) transaction EDGEX 2025-1NN, securing funding for $150 million in collateral. The deal marks a major milestone in the company’s capital markets strategy and establishes the foundation for its ABS issuance program, EDGEX. The transaction was led by CRB Securities who structured the transaction, with Nelnet Bank,
Southeastern Grocers Selects Net Conversion as Media Agency of Record
ORLANDO, Fla.--(BUSINESS WIRE)--Independent marketing and analytics agency Net Conversion has been named “Media Agency of Record (AOR)” for Southeastern Grocers, LLC (SEG), parent company and home of Harveys Supermarket and Winn-Dixie. The agency will be responsible for media planning and buying, media analytics, and advanced analytics to deliver data-driven solutions that fuel customer loyalty, acquisition, and growth. Net Conversion’s selection followed a competitive review process, where the
Berman Leadership Welcomes Hy Pomerance as Newest Senior Partner
NEW YORK--(BUSINESS WIRE)--Berman Leadership Development, a premier executive coaching and leadership development firm, is excited to announce that Hy Pomerance will be joining the firm as a Senior Partner, effective April 1, 2025. With a distinguished career spanning over 30 years, Pomerance brings a unique blend of deep operational expertise, business acumen, and leadership coaching to Berman Leadership’s elite clientele. His career journey has come full circle—beginning as a consulting psych
GEICO Honors Seven Service Members With Military Service Awards for Leadership and Community Impact
WASHINGTON--(BUSINESS WIRE)--GEICO is proudly honoring seven members of the United States military with its 2024 GEICO Military Service Awards. These awards commemorate the immeasurable sacrifices, unwavering dedication, and invaluable contributions of enlisted service members. GEICO’s Military Service Awards, which have recognized members of the U.S. military since 1988, not only acknowledge the distinguished leadership commitment these individuals exemplify while in uniform, but also highligh
Blockchain Deposit Insurance Corporation (BDIC) Announces 3Point0 Labs as Official Agency of Record
LOS ANGELES--(BUSINESS WIRE)--Blockchain Deposit Insurance Corporation (BDIC), the cryptocurrency insurer offering cutting-edge security solutions for digital currency wallet holders, has named 3Point0 Labs as its Agency of Record. The announcement marks a strategic partnership as BDIC prepares for its anticipated insurance solution and token launch Q4 2025. “3Point0 will work with our CMO and marketing team to increase brand awareness, drive engagement and amplify the BDIC message,” said Jeffr
Rootstock ERP Launches Tariff Management for Manufacturers
SAN RAMON, Calif.--(BUSINESS WIRE)-- #CloudERP--Rootstock debuts Tariff Management Central to track landed costs, adjust sourcing, and respond faster to shifting global trade regulations.
Procyon Partners Receives Strategic Minority Investment from Constellation Wealth Capital
SHELTON, Conn.--(BUSINESS WIRE)--Procyon Partners, a fast-growing registered investment advisory (RIA) firm known for delivering personalized, fiduciary-driven wealth management solutions, today announced that Constellation Wealth Capital (CWC), an alternative asset management platform, has acquired a minority stake in the firm. The strategic investment marks a new chapter of growth and opportunity for Procyon Partners, enabling it to scale operations, attract top-tier talent, and expand its ge
New Independent Study Shows Significant Medical Claims Cost Reductions from Hello Heart’s Digital Cardiovascular Health Program
CHICAGO--(BUSINESS WIRE)--A new independent study by researchers at Aon has found significant cost reductions for employers offering Hello Heart's digital heart health program.
Crypto Market Integrity Coalition Introduces First Industry Standard for Market Making in Digital Assets
NEW YORK--(BUSINESS WIRE)-- #blockchain--Crypto Market Integrity Coalition introduces crypto-specific market making standard as global market making structure and regulations take shape.
Aurora Payments Appoints Avin Arumugam as Chief Product Officer
LAS VEGAS--(BUSINESS WIRE)--Aurora Payments, a full-service payment technology provider, today announced the appointment of Avin Arumugam as Chief Product Officer (CPO). A seasoned fintech and product leader, Arumugam will lead the organization’s Product teams while driving continued innovation of the ARISE payment platform and expanding Aurora’s ecosystem of intelligent, cloud-based payment solutions. Arumugam joined Aurora on April 14 and reports directly to Brian Goudie, Chief Executive Offi
Saxton & Stump Expands Into Pittsburgh, Welcomes Six Legal Professionals as Firm Marks 10th Anniversary
PITTSBURGH--(BUSINESS WIRE)-- #CommercialLitigation--Saxton & Stump expands into Pittsburgh, welcomes six legal professionals as firm marks 10th anniversary
Humphreys Fund V Reaches $100M First Close
OKLAHOMA CITY--(BUSINESS WIRE)--Humphreys Capital, an institutional investment manager, announced it has reached the first close of Humphreys Fund V. The initial $102 million in committed capital includes commitments from three state pensions and a state trust, signaling renewed appetite for private real estate at the start of what the firm believes is a promising investment period. "We are deeply grateful for the trust our investors have placed in our team and strategy,” said Ben Stewart, Head
Concurrent Reports Significant Growth Adding Six Advisory Teams in The First Quarter
TAMPA, Fla.--(BUSINESS WIRE)--Concurrent Investment Advisors, LLC (“Concurrent”), a multi-custodial, hybrid registered investment adviser, continues to attract advisors across the industry, adding six new teams of 17 advisors in the first quarter of 2025. Crownmark Wealth Advisors, Cornerstone Private Wealth, Arky & Miller Financial Group, Center Street Wealth Management, Valenta Capital Management, and Tutelas Financial bring a collective $2.01 billion in assets under management. The teams
FINSIGHT and Pledge Path Announce Strategic Partnership to Automate Private Credit Facility Management
NEW YORK--(BUSINESS WIRE)--Finsight Group Inc. ("FINSIGHT"), a financial technology company and a leading software provider to the US asset-backed securities industry, today announced a strategic partnership and investment in Pledge Path Systems Inc. (“Pledge Path”). Under the strategic partnership, FINSIGHT will commit capital and operational infrastructure to accelerate growth and adoption of Pledge Path’s credit facility modeling and surveillance engine. “Every existing and pending asset-bac