TPA

OZOP Plus Elevates Consumer Experience with the Launch of Its Direct-to-Consumer Website

Retrieved on: 
Wednesday, February 21, 2024

The new, user-friendly platform at www.ozopplus.com introduces the white-labeled version of the Fully Charged VSC, in a seamless online transaction experience for customers.

Key Points: 
  • The new, user-friendly platform at www.ozopplus.com introduces the white-labeled version of the Fully Charged VSC, in a seamless online transaction experience for customers.
  • Dedicated to propelling the Electric and Hybrid Vehicle markets forward, OZOP Plus strategically addresses and overcomes objections hindering the transition from traditional ICE vehicles.
  • OZOP Plus is committed to making claims easier for all parties and providing a sustainable solution for battery recycling.
  • This collaboration underscores OZOP Plus's dedication to staying at the forefront of the industry, providing cutting-edge solutions for electric vehicle owners nationwide.”

AGA Benefit Solutions Welcomes Investment from TA to Support Platform Growth

Retrieved on: 
Tuesday, March 5, 2024

AGA Benefit Solutions (AGA), a leading developer and administrator of customized group insurance and retirement plans across Canada, today announced that it has received a significant growth investment from TA Associates (TA), a leading global private equity firm.

Key Points: 
  • AGA Benefit Solutions (AGA), a leading developer and administrator of customized group insurance and retirement plans across Canada, today announced that it has received a significant growth investment from TA Associates (TA), a leading global private equity firm.
  • TA has partnered with AGA’s management team who will remain in place and continue to be major shareholders of AGA.
  • "We remain committed to delighting our customers with market leading benefits solutions and service, while continuing our investment in technological tools and process automation to make the AGA experience best-in-class.
  • “AGA has established itself as a leading provider of group benefits & retirement solutions in the Canadian marketplace and delivers a compelling value proposition to its client partners,” said Clara Jackson, Director at TA.

Mill Point Capital Completes Sale of Prime Pensions

Retrieved on: 
Monday, February 26, 2024

Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.

Key Points: 
  • Mill Point Capital LLC (“Mill Point Capital”), a private equity firm focused on control investments in middle-market companies in North America across the Business Services, Industrials and IT Services sectors, announced today a sale of Prime Pensions, LLC (“Prime Pensions” or the “Company”), a leading independent third-party administrator (“TPA”) and provider of retirement plan compliance and administration services.
  • “We are incredibly proud of our successful partnership with Scott Feit, Founder and CEO of Prime Pensions, as well as the entire Prime Pensions team over the past few years.
  • Their dedication to Prime Pensions is evident and we are thrilled to watch the Company’s continued future success,” commented Jenni Main, Executive Partner of Mill Point Capital.
  • Raymond James acted as the exclusive financial advisor to Mill Point Capital and Prime Pensions.

RSM US Deploys Stellar Cyber Open XDR Platform to Secure Clients

Retrieved on: 
Monday, February 26, 2024

Stellar Cyber, the innovator of Open XDR , today announced that RSM US – the leading provider of professional services to the middle market – is leveraging the Stellar Cyber Open XDR platform to unify, expand and control the cybersecurity defenses across its Global MSSP Client Network.

Key Points: 
  • Stellar Cyber, the innovator of Open XDR , today announced that RSM US – the leading provider of professional services to the middle market – is leveraging the Stellar Cyber Open XDR platform to unify, expand and control the cybersecurity defenses across its Global MSSP Client Network.
  • RSM US operates a global managed security operations service, known as RSM Defense, which offers around-the-clock threat detection, response and intelligence services to its clients.
  • RSM Defense integrated Stellar Cyber’s Open XDR platform into the MSSP model’s workflow because it unifies those tools and provides SIEM, NDR, UEBA and TPA tools in one comprehensive platform.
  • “Stellar Cyber is taking a different approach to what’s been offered in the market over the last 15 years,” said Willoughby.

NFP Introduces TPNet™, Its Price Transparency Tool for Employers, Payers and Third-Party Providers

Retrieved on: 
Thursday, March 7, 2024

NEW YORK, March 7, 2024 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced today it has developed TPNet™, a proprietary price transparency tool that delivers data-driven, actionable insights to help employers control healthcare costs. TPNet is designed to help employers, payers and third-party providers utilize the complex transparency data set to gain visibility into commercial healthcare pricing information.

Key Points: 
  • TPNet is designed to help employers, payers and third-party providers utilize the complex transparency data set to gain visibility into commercial healthcare pricing information.
  • "Having the capacity to assess negotiated rates by provider, procedural code and carrier is a measure of access employers have never had before TPNet."
  • TPNet's comprehensive tool stack aggregates pricing from providers, facilities and payers.
  • NFP introduced TPCompare , a price transparency tool for healthcare delivery systems, in June 2023.

MARPAI ANNOUNCES PRELIMINARY UNAUDITED FINANCIAL RESULTS FOR FOURTH QUARTER AND FULL YEAR 2023

Retrieved on: 
Wednesday, March 6, 2024

TAMPA, Fla., March 6, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent, healthcare, today announced unaudited preliminary financial results for the fourth quarter and fiscal year 2023. In addition, the Company expects to report its full fourth quarter and fiscal year 2023 results following the close of market on March 26, 2024. The unaudited results in this press release are preliminary and subject to the completion of accounting and annual audit procedures and are therefore subject to adjustment. The Company expects to hold a webcast to discuss the results on March 27, 2024.

Key Points: 
  • In addition, the Company expects to report its full fourth quarter and fiscal year 2023 results following the close of market on March 26, 2024.
  • For the fourth quarter of 2023, net revenues were approximately $8.7 million, an improvement of nearly $1.1 million or approximately 14% higher from the fourth quarter of 2022.
  • For the fourth quarter of 2023, operating expenses were approximately $6.9 million, an improvement of approximately $4.9 million or 41% lower from the fourth quarter of 2022.
  • For the fourth quarter of 2023, operating loss was approximately $3.9 million or approximately $5.0 million better than the fourth quarter of 2022.

Trixie Mattel to Host The Podcast Academy's Fourth Annual Awards for Excellence In Audio; Malcolm Gladwell and Ira Madison III to be Honored at March 26 Ceremony in LA

Retrieved on: 
Monday, March 4, 2024

LOS ANGELES, March 4, 2024 /PRNewswire-PRWeb/ -- The Podcast Academy, the preeminent professional podcast organization, announced today that season 3 winner of "RuPaul's Drag Race All Stars" Trixie Mattel will host its fourth annual Awards for Excellence in Audio (The Ambies) on March 26 at the JW Marriott LA Live Los Angeles. TPA also unveiled that it will bestow upon Malcolm Gladwell the esteemed Governors Award, which recognizes a podcast or individual for the compelling influence they've had on the industry. Additionally, TPA will honor pop-culture podcaster, Ira Madison III with the Impact Award, which recognizes an individual or podcast that has made a significant, positive effect on its listeners. The ceremony will be livestreamed at TPA's YouTube Channel beginning at 6:00p.m. PT.

Key Points: 
  • Trixie Mattel to Host The Podcast Academy's Fourth Annual Awards for Excellence In Audio; Malcolm Gladwell to be Honored with the Governors Award; Ira Madison III to Receive Impact Award on March 26 in LA; The Ambies will be Livestreamed at TPA's YouTube Channel Beginning at 6:00p.m.
  • Additionally, TPA will honor pop-culture podcaster, Ira Madison III with the Impact Award, which recognizes an individual or podcast that has made a significant, positive effect on its listeners.
  • The ceremony will highlight 192 nominees across 27 categories with winners to be selected by every voting member of The Podcast Academy (TPA).
  • Ira Madison III is a cultural critic, TV writer, and host of the Crooked Media award-winning podcast "Keep It."

Manchester-Boston Regional Airport Welcomes Breeze Airways with Nonstop Service Starting June 2024

Retrieved on: 
Tuesday, February 27, 2024

MANCHESTER, N.H., Feb. 27, 2024 /PRNewswire/ -- Manchester-Boston Regional Airport (MHT) is excited to welcome Breeze Airways to New Hampshire with nonstop service to Charleston International Airport (CHS), Orlando International Airport (MCO), and Southwest Florida International Airport (RSW) beginning June 14, 2024. Breeze will also offer one stop/no change of plane BreezeThru service to Tampa International Airport (TPA).

Key Points: 
  • MANCHESTER, N.H., Feb. 27, 2024 /PRNewswire/ -- Manchester-Boston Regional Airport (MHT) is excited to welcome Breeze Airways to New Hampshire with nonstop service to Charleston International Airport (CHS), Orlando International Airport (MCO), and Southwest Florida International Airport (RSW) beginning June 14, 2024.
  • Breeze Airways is MHT's seventh airline and will offer the first and only nonstop service from New Hampshire to Charleston, South Carolina.
  • "Breeze has grown rapidly in New England with Providence and Hartford as our two fastest-growing bases," said Breeze Airways' President Tom Doxey.
  • "Welcome, Breeze Airways, to the growing family of airlines at Manchester-Boston Regional Airport," said Airport Director Ted Kitchens, A.A.E.

Venbrook's Carl Warren & Company Celebrates 50 Years as a Third Party Administrator

Retrieved on: 
Friday, February 16, 2024

LOS ANGELES, Feb. 16, 2024 /PRNewswire/ -- Venbrook Group, LLC ("Venbrook"), one of the largest independent insurance distribution and services firms in the U.S., is recognizing its wholly-owned subsidiary, Carl Warren & Company, LLC ("Carl Warren"), for unparalleled custom property and casualty claims management and solutions, as it celebrates its 50th year as a third party administrator (TPA), serving public entities, private corporations, insurance companies, and captives. To commemorate this significant milestone, Carl Warren is announcing its continual participation as a Platinum Sponsor and Exhibitor at the largest gathering for California public agencies, Public Agency Management Association's (PARMA) 50th Annual Conference on February 20-23rd at the Renaissance Esmeralda Resort & Spa in Palm Springs.

Key Points: 
  • To commemorate this significant milestone, Carl Warren is announcing its continual participation as a Platinum Sponsor and Exhibitor at the largest gathering for California public agencies, Public Agency Management Association's (PARMA) 50th Annual Conference on February 20-23rd at the Renaissance Esmeralda Resort & Spa in Palm Springs.
  • With a legacy rooted in public claims adjusting, integrity, and expertise, Carl Warren will join California public entity risk professionals at this premier platform to network, share insights, and lead discussions on critical issues and emerging claim and risk trends impacting the public sector.
  • Venbrook Claims Services Leaders attending:
    Carl Warren will be at Booth #414/416.
  • For more information about Venbrook Claims Services and Carl Warren or to book an on-site meeting with us, contact [email protected] .

Ryze Claim Solutions Partners with Bain Capital Insurance to Support Continued Organic Growth and Launch Strategic Acquisition Initiative

Retrieved on: 
Monday, February 12, 2024

Ryze Claim Solutions (“Ryze” or the “Company”), a full-service claims management business, today announced it has entered a definitive agreement to be recapitalized by Bain Capital Insurance (“Bain Capital”), the dedicated insurance investing unit of Bain Capital.

Key Points: 
  • Ryze Claim Solutions (“Ryze” or the “Company”), a full-service claims management business, today announced it has entered a definitive agreement to be recapitalized by Bain Capital Insurance (“Bain Capital”), the dedicated insurance investing unit of Bain Capital.
  • Ryze will continue to operate under its current management team led by Executive Chairman, Tony Grippa, and President, Scott St. John.
  • Included under the Ryze umbrella is Certus, which provides TPA claim services to specialty and casualty insurance companies and the MGA market.
  • Debt financing for the transaction is being provided by Apogem Capital and includes a committed facility to support the company’s strategic acquisition growth strategy.