MGA

MGA Entertainment Launches New Direct-to-Consumer The MGA Shop Site Bringing All of Its Brands Under One Storefront

Retrieved on: 
Tuesday, April 9, 2024
News, Thread, MGA, MGA Entertainment, Online shopping

While MGA products will still be available at major retailers, the new site brings convenience and added benefits to its beloved and award-winning portfolio of brands, including L.O.L.

Key Points: 
  • While MGA products will still be available at major retailers, the new site brings convenience and added benefits to its beloved and award-winning portfolio of brands, including L.O.L.
  • MGA is also launching a new MGA Rewards program that gives consumers redeemable for future purchases.
  • Consumers receive 1,000 points just for joining and earn two points for every dollar spent on The MGA Shop.
  • Each 500 points earned can redeemed for $5 on any product on the site, including online-only exclusives and special deals.

Little Tikes® Story Dream Machine™ Announces Exciting New Collaborations with First-Class Storytellers Including Universal Products and Experiences and The World of Eric Carle

Retrieved on: 
Tuesday, April 2, 2024
Sesame Workshop, DreamWorks Animation, Amazon, Grandparent, Little Tikes, Partnership, Animation, Light, History, Literacy, DreamWorks, MGA, Walmart, The Very Hungry Caterpillar, Catalog, Screen time, Language, Parent, MGA Entertainment, Entertainment

Young fans of the new movie in theatres now, DreamWorks Kung Fu Panda 4, can bring the franchise home.

Key Points: 
  • Young fans of the new movie in theatres now, DreamWorks Kung Fu Panda 4, can bring the franchise home.
  • In addition to these modern-day favorites, Little Tikes is excited to welcome more classic childhood staples that have touched readers from generation to generation.
  • The Story Dream Machine and story collections are available at Amazon, Walmart, and at ShopMGA (each story collection sold separately).
  • To learn more about Little Tikes and the Story Dream Machine visit https://www.littletikes.com .

Magna Posts 2023 Annual Report

Retrieved on: 
Thursday, March 28, 2024
Corporation, Form, Annual general meeting, Bank statement, TSX, Annual report, MGA

AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com .

Key Points: 
  • AURORA, Ontario, March 28, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that its 2023 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com .
  • Magna has also filed these documents with the Canadian Securities Administrators (accessible through its website at www.sedarplus.ca) and the U.S. Securities and Exchange Commission (accessible through its website at www.sec.gov/edgar).
  • Our 2024 Annual Meeting of Shareholders will be held on Thursday, May 9, 2024, commencing at 10:00 a.m. (Eastern Daylight Time).
  • Magna will provide a paper copy of its audited financial statements as contained in our 2023 Annual Report to Shareholders, free of charge, on request through our website, www.magna.com, or in writing to Magna International Inc., Attn: Corporate Secretary, 337 Magna Drive, Aurora, ON, Canada L4G 7K1.

Tangram and Co/Action Partner on Program for Franchised Equipment Dealers

Retrieved on: 
Thursday, March 28, 2024
Risk management, Agriculture, Partnership, SVP, Insurance, FED, Forestry, P&C, Social facilitation, Feds, MGA

PETALUMA, Calif. and MORRISTOWN, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- Tangram Insurance Services, Inc. (Tangram) and Co/Action Specialty Insurance Group (Co/Action) are pleased to announce a partnership which will provide a comprehensive insurance program for franchised equipment dealers (FEDs).

Key Points: 
  • PETALUMA, Calif. and MORRISTOWN, N.J., March 28, 2024 (GLOBE NEWSWIRE) -- Tangram Insurance Services, Inc. (Tangram) and Co/Action Specialty Insurance Group (Co/Action) are pleased to announce a partnership which will provide a comprehensive insurance program for franchised equipment dealers (FEDs).
  • “The addition of this nationwide, exclusive program for FEDs is a clear demonstration of Tangram’s and Co/Action’s continued commitment to providing valuable insurance and risk management programs to specialty niche markets,” said Tracy Bernard, SVP of Program Strategy at Tangram.
  • This new program will be available nationwide, except in AK, HI and LA, and is offered exclusively through Tangram.
  • “Tangram is a trusted partner and is emblematic of the kind of differentiated relationship we seek at Co/Action.

Bishop Street Underwriters, a RedBird Capital Portfolio Company, Announces Joint Venture with Topsail Re

Retrieved on: 
Wednesday, March 27, 2024
Constellation, Redbird, Partnership, Insurance, Partner, P&C, MGA

NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.

Key Points: 
  • NEW YORK and GREENSBORO, N.C., March 27, 2024 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio company, today announced a joint venture with Topsail Reinsurance SPC, Ltd. (“Topsail Re”), a market leading, privately held reinsurer.
  • Bishop Street is a value-additive acquirer and program incubator, marrying established businesses’ brand equity with best-in-class capabilities, capital, and resources to build a powerful growth platform.
  • The Topsail Re partnership will enable day-one strategic value to prospective Bishop Street acquisitions, as well as long-term value for Bishop Street and its acquired platforms for tuck-ins, new program launches, and team lift-outs,” said Mike Zabik, Partner of RedBird Capital Partners.
  • In addition to the creation of the joint venture, Topsail Re CEO David Johnson and Chief Strategy Officer & Executive Vice President Christopher Miller will join the Bishop Street Board of Directors, and Tom Gubash, Managing Director of Topsail Capital Partners, will join as a Board Observer.

GeoVera Announces Combination of Its Insurance Carriers with SafePort Insurance Company to Create GeoVera Nova Holdings; Will Simultaneously Sell MGA to SageSure

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Residential Building & Real Estate, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Asset Management, AXA, Growth, CFO, Partnership, LLP, Nasrin, Kirkland & Ellis, MGA, Reinsurance

GeoVera Insurance Holdings, Ltd. (“GeoVera”), a leading provider of specialty property insurance, today announced that it has entered into a definitive agreement to sell its insurance carriers and managing general agent (“MGA”) businesses.

Key Points: 
  • GeoVera Insurance Holdings, Ltd. (“GeoVera”), a leading provider of specialty property insurance, today announced that it has entered into a definitive agreement to sell its insurance carriers and managing general agent (“MGA”) businesses.
  • Upon completion of the transactions, a newly formed entity, GeoVera Nova Holdings, Inc. (“GeoVera Nova”), will control four insurance operating subsidiaries: GeoVera Insurance Company, GeoVera Specialty Insurance Company, Coastal Select Insurance Company, and SafePort Insurance Company (“SafePort”), a property-focused insurance carrier.
  • Additionally, the MGA operations of GeoVera will be acquired by SageSure, one of the largest independent MGAs focused on catastrophe-exposed markets, and GeoVera Nova will become a carrier partner of SageSure.
  • John Forney and Brian Sheekey, currently CEO and CFO, respectively, of GeoVera, will continue in the same roles at GeoVera Nova.

SageSure to Acquire GeoVera MGA, Including GeoVera’s Industry-Leading Underwriting Franchise in Residential Earthquake Risk

Retrieved on: 
Tuesday, April 9, 2024
Professional Services, Residential Building & Real Estate, Insurance, Commercial Building & Real Estate, Finance, Construction & Property, Ares Management, Partnership, Wind, E&S, Willkie Farr & Gallagher, MGA, Reinsurance

Upon the transaction’s completion, SageSure will assume the underwriting operations of GeoVera MGA’s best-in-class residential earthquake franchise.

Key Points: 
  • Upon the transaction’s completion, SageSure will assume the underwriting operations of GeoVera MGA’s best-in-class residential earthquake franchise.
  • With the addition of the GeoVera MGA’s deep earthquake expertise, the transaction will further enhance SageSure’s robust catastrophe risk underwriting capabilities and accelerate its entrance into new markets, including Oregon and Washington.
  • “We are excited to enter into an agreement that solidifies SageSure as one of the leading underwriters of catastrophe-exposed property risk in the US.
  • “We are proud to partner with SageSure on this innovative transaction,” said John Forney, President and CEO of GeoVera.

Upfort Names Brett Sadoff, Former Head of Insurance for At-Bay and HISCOX Executive, as Advisor

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Security, Communications, Technology, Insurance, Public Relations, Investor Relations, AIG, Business, Knowledge, Organization, MGA

Upfort – a cutting-edge cyber security and insurance platform – today announced the appointment of longtime insurance industry leader Brett Sadoff to its advisory board.

Key Points: 
  • Upfort – a cutting-edge cyber security and insurance platform – today announced the appointment of longtime insurance industry leader Brett Sadoff to its advisory board.
  • With nearly three decades of experience in the insurance industry, including as head of insurance for At-Bay, Sadoff brings a wealth of knowledge and expertise to Upfort’s rapidly growing team.
  • Prior to Hiscox, he served as senior vice president and Western Zone Manager at the leading global insurance organization AIG.
  • “Brett is an outstanding leader and visionary in the insurance space, and we’re proud to welcome him to Upfort,” said Xing Xin, CEO and co-founder of Upfort.

Symetra Appoints Soraya Alexander and April Galda Joyce to Board of Directors

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Insurance, Human Resources, Finance, Growth, Reinsurance, Goldman Sachs, Risk, Case Western Reserve University, Harvard University, Harvard Business School, Acquisition, University, MBA, GoFundMe, Multimedia, Marketing, Data management, Engineering, MGA, Management

Symetra Financial Corporation today announced the appointments of Soraya Alexander and April Galda Joyce to its board of directors.

Key Points: 
  • Symetra Financial Corporation today announced the appointments of Soraya Alexander and April Galda Joyce to its board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20240404333545/en/
    Soraya Alexander joins Symetra Financial Corporation's board of directors.
  • (Photo: Business Wire)
    “We are very pleased to welcome Soraya and April to the Symetra board.
  • Ms. Galda Joyce received a Bachelor of Science in management from Case Western Reserve University.

Emerald Bay Risk Solutions Launches with Strategic Investment from Bain Capital Insurance

Retrieved on: 
Thursday, March 28, 2024
Professional Services, Insurance, Finance, Emerald, McDermott Will & Emery, Longevity, Property, Liberty Mutual, Partnership, General counsel, Business development, Head, Record, QRE, DeBevoise, Martha Plimpton, Amazon Web Services, Bain Capital, AM Best, Excess, Multimedia, Lead, MGA

Emerald Bay Risk Solutions (“Emerald Bay” or the “Company”), a collaborative underwriting carrier, today announced its formal launch with a significant strategic investment from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.

Key Points: 
  • Emerald Bay Risk Solutions (“Emerald Bay” or the “Company”), a collaborative underwriting carrier, today announced its formal launch with a significant strategic investment from Bain Capital Insurance , the dedicated insurance investing unit of Bain Capital.
  • Emerald Bay is an innovative program specialist that seeks to create an alignment of interests across the entire risk value chain through integrated solutions and disciplined underwriting enhanced by a proprietary data-driven technology platform.
  • Emerald Bay begins operations with a strong financial foundation, having secured a rating of “A-“ Stable, Financial Size category VIII, from AM Best.
  • Bain Capital Insurance was advised by McDermott Will & Emery and Debevoise & Plimpton LLP.