Employee benefits

Katz/Pierz Joins World Insurance Associates LLC

Retrieved on: 
Wednesday, March 1, 2023
Knowledge, Entrepreneurship, Employee benefits, Financial services, Clothing

Katz/Pierz was founded in 1987 by Aaron Katz and Donald Pierz to help professionals and business owners with their personal insurance needs, focusing on income replacement, estate liquidity and business succession planning. Lenny Katz, Aaron’s son, joined six months later. He is now the president and one of the company’s three Principals. Responding to requests from clients for assistance with their employee benefit programs, Lenny Katz expanded Katz/Pierz's practice into the employee benefits world. The Katz/Pierz team and expertise grew quickly--Principal Joe Sulpizio joined Katz/Pierz in 1996, and Principal Shay Cowan joined in 2004. “As a second-generation, family-run company, Katz/Pierz has always been driven by our relationships with our clients,” says Lenny Katz, President, Katz/Pierz. “We aim not just to be a broker, but a true partner. Several of our clients have been with Katz/Pierz since our first day of business. That is because Katz/Pierz knows that innovative financial solutions on their own are not enough to fully support our clients; we've built a comprehensive, customer first service model to meet our clients' needs. We look forward to continuing our approach as part of World.”

Key Points: 
  • Iselin, NJ, March 01, 2023 (GLOBE NEWSWIRE) -- World Insurance Associates LLC (“World”), a Top 50 Insurance Brokerage, announced today that it acquired the business of Katz/Pierz of Cherry Hill, NJ  on December  1, 2022.
  • Responding to requests from clients for assistance with their employee benefit programs, Lenny Katz expanded Katz/Pierz's practice into the employee benefits world.
  • We look forward to continuing our approach as part of World.”
    “I’d like to welcome Katz/Pierz to the World family,” says Rich Eknoian, CEO and Co-Founder of World.
  • Lauletta Birnbaum, LLC provided legal counsel to Katz/Pierz, and Rosen Advisory advised them on the transaction.

Clarivate Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 1, 2023
Organic, Sale, GAAP, Patent, Employee benefits, Acquisition, Public expenditure, EPS, MarkMonitor, ProQuest, Video game, Pharmaceutical industry, Cryptocurrency

LONDON, March 1, 2023 /PRNewswire/ -- Clarivate Plc - (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they can trust, today reported results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Revenues, net for the fourth quarter increased $114.6 million, or 20.4%, to $675.3 million, and increased 25.2% on a constant currency basis(1).
  • The significant strengthening of the U.S. dollar had a negative foreign exchange impact on revenue of 4.7% for the fourth quarter of 2022.
  • Subscription revenues for the fourth quarter increased $93.6 million, or 30.6%, to $399.1 million, and increased 35.2% on a constant currency basis(1), primarily driven by the acquisition of ProQuest.
  • Re-occurring revenues for the fourth quarter decreased $6.9 million, or 5.8% to $112.7 million, and increased 2.5% on a constant currency basis(1).

Clarivate Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Wednesday, March 1, 2023
Organic, Sale, GAAP, Patent, Employee benefits, Acquisition, Public expenditure, EPS, MarkMonitor, ProQuest, Video game, Pharmaceutical industry, Cryptocurrency

LONDON, March 1, 2023 /PRNewswire/ -- Clarivate Plc - (NYSE: CLVT) (the "Company" or "Clarivate"), a global leader in connecting people and organizations to intelligence they can trust, today reported results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Revenues, net for the fourth quarter increased $114.6 million, or 20.4%, to $675.3 million, and increased 25.2% on a constant currency basis(1).
  • The significant strengthening of the U.S. dollar had a negative foreign exchange impact on revenue of 4.7% for the fourth quarter of 2022.
  • Subscription revenues for the fourth quarter increased $93.6 million, or 30.6%, to $399.1 million, and increased 35.2% on a constant currency basis(1), primarily driven by the acquisition of ProQuest.
  • Re-occurring revenues for the fourth quarter decreased $6.9 million, or 5.8% to $112.7 million, and increased 2.5% on a constant currency basis(1).

Risk Cooperative Continues to Make Insurance Industry Inroads with Award-Winning Staff

Retrieved on: 
Tuesday, February 28, 2023
MBE, Insurance, Entrepreneurship, Employee benefits, Risk, Amanda Flower, Growth, Finite risk insurance, Traction, The Institutes, Certification, Account executive, Financial adviser

WASHINGTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- Risk Cooperative, a certified minority business enterprise specializing in insurance brokerage and risk advisory services, announces a prestigious industry award and Employee Benefits staffing transitions amidst continued business growth. Derrick Wong, who joined Risk Cooperative in 2019 as an Account Executive and transitioned to leading the firm's Employee Benefits Practice in 2022, has been named a 2023 Power Broker by Risk & Insurance, affiliated with The Institutes.

Key Points: 
  • WASHINGTON, Feb. 28, 2023 /PRNewswire-PRWeb/ -- Risk Cooperative, a certified minority business enterprise specializing in insurance brokerage and risk advisory services, announces a prestigious industry award and Employee Benefits staffing transitions amidst continued business growth.
  • Derrick Wong, who joined Risk Cooperative in 2019 as an Account Executive and transitioned to leading the firm's Employee Benefits Practice in 2022, has been named a 2023 Power Broker by Risk & Insurance, affiliated with The Institutes.
  • This is the 19th year that Risk & Insurance has celebrated individual brokers for exceptional client work, and the Employee Benefits category boasts a particularly crowded field of industry talent.
  • "Derrick could not be more deserving of this industry recognition," says Andres Franzetti, Risk Cooperative's Co-Founder and CEO.

2022 annual results: Edenred’s results break new records, driven by top line growth of 25% in 2022

Retrieved on: 
Tuesday, February 21, 2023
Ticket, ChargePoint, Science Based Targets initiative, Edenred, Woman, Traction, Acceleration, Progress, Maintenance, Carbon, Acquisition, CSR, IPS, SME, ESG, Policy, Good, Heart, Capital market, Partnership, Growth, Social responsibility, Quality of life, Environment, Euronext, FFO, Video game, Online shopping, Renewable energy, Airline, Tourism, Cryptocurrency, TicketCity, EBITDA, Employee benefits

In France, operating revenue amounted to €315 million in 2022, an increase of 10.2% as reported and like-for-like, including growth of 9.8% in the fourth quarter.

Key Points: 
  • In France, operating revenue amounted to €315 million in 2022, an increase of 10.2% as reported and like-for-like, including growth of 9.8% in the fourth quarter.
  • Operating revenue amounted to €603 million in Latin America in 2022, up 33.6% as reported (+18.7% like-for-like).
  • In 2022, Edenred continued to invest in its platform to fuel the Group’s sustainable and profitable growth and lengthen its technology lead.
  • The Beyond22-25 strategic plan will drive sustainable and profitable growth and generate high levels of free cash flow over the 2022-2025 period.

Katten Expands Employee Benefits Practice With New ERISA Partner

Retrieved on: 
Thursday, February 9, 2023
Government, Employee Retirement Income Security Act of 1974, Intellectual property, Market, Private equity, Jesse Selengut, Tax, Executive compensation, Mergers and acquisitions, Employment, Employee benefits, Financial services, Insurance, ERISA

NEW YORK, Feb. 9, 2023 /PRNewswire/ -- Katten announced today that Shira Selengut has joined the firm as a partner in its Tax department and member of its Employee Benefits and Executive Compensation practice in the firm's New York office.

Key Points: 
  • NEW YORK, Feb. 9, 2023 /PRNewswire/ -- Katten announced today that Shira Selengut has joined the firm as a partner in its Tax department and member of its Employee Benefits and Executive Compensation practice in the firm's New York office.
  • With a wide-ranging practice and particular skill in addressing complex matters under the Employee Retirement Income Security Act (ERISA), Selengut advises private investment funds and financial institutions on knotty aspects of federal tax and employee benefits laws, including ERISA's plan asset, fiduciary responsibility and prohibited transaction rules.
  • "Shira is one of a handful of attorneys in the United States with this particular combination of skills and deep expertise in ERISA Title I, executive compensation, and ERISA in M&A transactions," said Kate Ulrich Saracene, chair of Katten's Employee Benefits and Executive Compensation practice.
  • She will work closely with Katten's Mergers & Acquisitions and Private Equity practice and its Financial Markets & Funds practice, among others.

FREED MAXICK ANNOUNCES NEW DIRECTORS

Retrieved on: 
Wednesday, February 1, 2023
Bank statement, Organization, Justice, IRS, CFR, RSM, Investment, Long-term care, Assurance, International Foundation, Real estate, Committee on Finance, CPA, DOL, Pension, Woman, Employee benefits, Holly, Audit, Management

BUFFALO, N.Y., Feb. 1, 2023 /PRNewswire/ -- Freed Maxick is proud to announce that new Directors have been promoted at the Firm.

Key Points: 
  • BUFFALO, N.Y., Feb. 1, 2023 /PRNewswire/ -- Freed Maxick is proud to announce that new Directors have been promoted at the Firm.
  • "I am both excited and honored to continue my professional career at Freed Maxick in the role of Director.
  • "I am grateful for the opportunity to serve as a Director at Freed Maxick and know I will continue to be supported and challenged in this role.
  • The future of Freed Maxick and the communities we serve are brighter because of their dedication and inspired contributions."

Hilb Group Announces Managing Director of Employee Benefits in Rhode Island, Massachusetts, and Connecticut

Retrieved on: 
Monday, January 30, 2023
Bill Tarmey, Small Business Saturday, Rhode Island College, Knowledge, Bachelor of Arts, Insurance, Employee benefits, Growth, Business administration, Bryant University, Master of Business Administration, Management

In this new role, Tarmey will be responsible for the growth and development of Hilb Group agencies in Rhode Island, Massachusetts, and Connecticut as the company expands its presence and brand throughout the region.

Key Points: 
  • In this new role, Tarmey will be responsible for the growth and development of Hilb Group agencies in Rhode Island, Massachusetts, and Connecticut as the company expands its presence and brand throughout the region.
  • "We are excited to appoint Peter Tarmey as our Managing Director of Employee Benefits," said Calise.
  • Tarmey joined the Hilb Group in 2020 as the Vice President of Employee Benefits at the company's Cranston, Rhode Island, office.
  • Tarmey has spent over two decades focusing on employee benefits sales and consulting, providing clients with tailored benefits solutions to fit unique customer needs.

NFP Welcomes Kelly Smith to its Employee Benefits Business

Retrieved on: 
Tuesday, January 24, 2023
National Association, NY, United States House Oversight Subcommittee on Health Care, Benefits, and Administrative Rules, Robert Addo-Fening, Public affairs, Employee benefits, Small business, Hudson Valley, National Association of Health Underwriters, Consultant, Smith, NFP, Benefit, Business, Marketing, Management, Health

ALBANY, N.Y., Jan. 24, 2023 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced it has hired Kelly Smith as senior vice president, Employee Benefits. In this role, Smith will work across the Hudson Valley and upstate New York, focusing on business expansion and client retention. She will report to Chris Feneli, senior vice president, Health and Benefits.

Key Points: 
  • ALBANY, N.Y., Jan. 24, 2023 /PRNewswire-PRWeb/ -- NFP , a leading property and casualty broker, benefits consultant, wealth manager and retirement advisor, today announced it has hired Kelly Smith as senior vice president, Employee Benefits.
  • In this role, Smith will work across the Hudson Valley and upstate New York, focusing on business expansion and client retention.
  • "I'm excited to welcome Kelly to the Benefits team at NFP," said Feneli.
  • Smith comes to NFP from MVP Healthcare, where she served in a variety of roles, most recently as senior vice president, chief of sales.

Jim Huffman Joins Alliant Insurance Services’ Employee Benefits Group in Boston

Retrieved on: 
Thursday, January 12, 2023
Insurance, Professional Services, Organization, Worcester State University, Social Security Advisory Committee, Employee benefits, Moses Austin, University

Veteran employee benefits consultant Jim Huffman has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group .

Key Points: 
  • Veteran employee benefits consultant Jim Huffman has joined Alliant Insurance Services as Senior Vice President within its Employee Benefits Group .
  • Based in Boston, Huffman has more than 25 years of experience in the field of employee benefits and will focus on designing, implementing, and managing employee benefits solutions for a diverse national client base.
  • Huffman works alongside his clients to understand their unique needs and responds with customized employee benefits solutions that position them for long-term success.
  • “His breadth of benefits experience and his ongoing service to our industry add considerable strength to our team in Boston and across the nation.”
    Prior to joining Alliant, Huffman was Head of Employee Benefits with a global financial services firm.