Financial stability

2024 HUB OUTLOOK EXECUTIVE SURVEY EXPOSES MAJOR GAP BETWEEN PERCEIVED AND ACTUAL RISK PREPAREDNESS OF ORGANIZATIONS

Retrieved on: 
Wednesday, December 6, 2023

CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, released its 2024 HUB Outlook Executive Survey. In this unique survey, HUB explores the missed opportunities to leverage insurance, risk management and human resources strategies to impact overall profitability, vitality and resiliency. The survey highlights that while many organizations are confident about their preparedness, the findings reveal that the steps they are taking to inform their strategies is not as robust as it seems, leaving gaps in achieving their full potential when it comes to financial stability, performance and profitability, building a healthy and productive workforce, and ensuring a more resilient organization.

Key Points: 
  • In this unique survey, HUB explores the missed opportunities to leverage insurance, risk management and human resources strategies to impact overall profitability, vitality and resiliency.
  • The 2024 HUB Outlook Executive Survey assesses the current state of risk and resiliency of North American companies and provides 14 in-depth industry and sector-specific insights into the coming year.
  • Key findings and actions from the survey that organizations should consider to prepare for the future:
    Close the gap between perceived and actual preparedness.
  • Read more insights on the 2024 HUB Outlook Executive Survey and Specialty Industry Outlooks, here .

Women in Life Science Denmark (WiLD) launches its Female Leadership Mentoring Program to support career advancement for women in life science

Retrieved on: 
Thursday, September 28, 2023

COPENHAGEN, Denmark, Sept. 28, 2023 /PRNewswire/ -- Women in Life Science Denmark (WiLD) is pleased to announce the launch of its Female Leadership Mentoring Program for women working in life sciences in Denmark, a year after it was founded.

Key Points: 
  • Moreover, despite the majority of employees in the Danish Life Science industry being women (53%) only 20% of board and senior leadership positions are occupied by women.
  • The program will support female talent development at crucial career transition points and entail workshops, self-reflection and tailored one-on-one mentoring.
  • The WiLD Female Leadership Mentoring Program is supported by a generous grant from The Lundbeck Foundation .
  • We know from experience that this does not happen overnight, which is why we support an important initiative like WILD's Female Leadership Mentoring Program."

Women in Life Science Denmark (WiLD) launches its Female Leadership Mentoring Program to support career advancement for women in life science

Retrieved on: 
Thursday, September 28, 2023

COPENHAGEN, Denmark, Sept. 28, 2023 /PRNewswire/ -- Women in Life Science Denmark (WiLD) is pleased to announce the launch of its Female Leadership Mentoring Program for women working in life sciences in Denmark, a year after it was founded.

Key Points: 
  • Moreover, despite the majority of employees in the Danish Life Science industry being women (53%) only 20% of board and senior leadership positions are occupied by women.
  • The program will support female talent development at crucial career transition points and entail workshops, self-reflection and tailored one-on-one mentoring.
  • The WiLD Female Leadership Mentoring Program is supported by a generous grant from The Lundbeck Foundation .
  • We know from experience that this does not happen overnight, which is why we support an important initiative like WILD's Female Leadership Mentoring Program."

Despite high expectations of disruption, 47% of IT leaders are not yet routinely assessing the viability of mission-critical IT suppliers reveals a Coeus Consulting survey (a Wavestone company).

Retrieved on: 
Tuesday, January 31, 2023

LONDON, Jan. 31, 2023 /PRNewswire/ -- A survey released today by Coeus Consulting, a Wavestone company, reveals CIOs and IT leaders are passing up the opportunity to ensure their business can function in the face of ongoing business disruptions. The survey, of 240 IT leaders of large organisations predominantly in the UK and Germany, finds that despite widespread expectation of IT supplier failure, only 53% of IT leaders are routinely assessing the viability of mission-critical IT suppliers across key criteria. Furthermore, few are aligning investment to protect the organisation from the most likely and impactful disruptions – Skills Availability (61%) and Excessive Cost Increases (64%).

Key Points: 
  • The survey, of 240 IT leaders of large organisations predominantly in the UK and Germany, finds that despite widespread expectation of IT supplier failure, only 53% of IT leaders are routinely assessing the viability of mission-critical IT suppliers across key criteria.
  • Furthermore, few are aligning investment to protect the organisation from the most likely and impactful disruptions – Skills Availability (61%) and Excessive Cost Increases (64%).
  • "Many business-critical IT services are provided to large organisations by complex and geographically-dispersed IT supply chains.
  • However, only 53% of IT leaders routinely assess the viability of mission-critical IT suppliers across key criteria.

Wall Street Journal Announces Lineup for Annual Future of Everything Festival

Retrieved on: 
Tuesday, May 17, 2022

Its from this exploration that The Future of Everything Festival becomes an extraordinary intersection of industries, innovators and ideas.

Key Points: 
  • Its from this exploration that The Future of Everything Festival becomes an extraordinary intersection of industries, innovators and ideas.
  • Future of Everything comprises a print and digital magazine, daily articles, a weekly newsletter, a podcast, and a three-day festival.
  • The Wall Street Journal is a global news organization that provides leading news, information, commentary and analysis.
  • The Wall Street Journal is published by Dow Jones, a division of News Corp (Nasdaq: NWS, NWSA; ASX: NWS, NWSLV).

Howard’s Honors President & CEO John Riddle on Three-Year Anniversary

Retrieved on: 
Tuesday, May 3, 2022

LA HABRA, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Howards , Southern California's premier independent appliance retailer, is celebrating three years under the leadership of President, CEO and Chairman of the Board John Riddle.

Key Points: 
  • LA HABRA, Calif., May 03, 2022 (GLOBE NEWSWIRE) -- Howards , Southern California's premier independent appliance retailer, is celebrating three years under the leadership of President, CEO and Chairman of the Board John Riddle.
  • A recognized retail and manufacturing growth expert and industry veteran, Riddle joined the company at a time of crisis.
  • When Riddle started at Howards, he brought with him a bold vision: to become the number one retailer in the U.S. for customer experience.
  • In three short years, Howards has doubled revenue and been named one of the fastest-growing midsize private companies by the Orange County Business Journal.

Buckle’s Licensed Carrier Gateway Insurance Company Receives “Exceptional” Demotech Financial Stability Rating

Retrieved on: 
Wednesday, April 20, 2022

Buckle , a financial services company serving the gig economy and rising middle class, announced its licensed carrier, the Gateway Insurance Company, has been assigned the Financial Stability Rating of A, Exceptional by Demotech, Inc. , based on year-end 2021 results.

Key Points: 
  • Buckle , a financial services company serving the gig economy and rising middle class, announced its licensed carrier, the Gateway Insurance Company, has been assigned the Financial Stability Rating of A, Exceptional by Demotech, Inc. , based on year-end 2021 results.
  • Financial stability ratings are a leading indicator of the financial stability of property and casualty insurers and title underwriters.
  • Financial stability ratings summarize Demotechs opinion of the financial stability of an insurer regardless of general economic conditions or the phase of the underwriting cycle.
  • Demotech, Inc. is a financial analysis firm specializing in evaluating the financial stability of regional and specialty insurers.

Lighthouse Management, LLC Raises $65,000,000 in New Capital

Retrieved on: 
Tuesday, December 28, 2021

Lighthouse Management, LLC (Lighthouse) announced that it has successfully completed a $65,000,000 senior note issuance in a private placement.

Key Points: 
  • Lighthouse Management, LLC (Lighthouse) announced that it has successfully completed a $65,000,000 senior note issuance in a private placement.
  • This senior note issuance is an important piece in our next phase of growth, said Lighthouse Chief Executive Officer Patrick White.
  • TigerRisk Capital Markets & Advisory acted as exclusive placement agent to Lighthouse in this transaction.
  • Lighthouse Management, LLC is licensed to write business in Louisiana, Texas, Florida, Mississippi, South Carolina, and North Carolina.

ClearStar and RentTango Announce Partnership that Streamlines Credit and Background Checks for Residential Real Estate Leasing and Property Management

Retrieved on: 
Monday, December 20, 2021

Quickly Identify Qualified Tenants with ClearStar and RentTango RentTango takes ClearStar data and applies computational logic to provide a recommendation for approval or denial, helping landlords and property managers evaluate prospective renters quickly and efficiently. The recommendation is based on a customer's predetermined scoring criteria that can be applied to the entire portfolio or adjusted per property. Screening results, which are organized into three categories -- Financial Stability, Identity Verification and Trustworthiness -- indicate a pass, fail, or maybe for each to simplify the review process. The innovative software features proprietary artificial intelligence and machine learning technologies to read an applicant's uploaded documents, look for irregularities, and flag issues to the leasing team, which helps combat fraud. Leasing teams appreciate that the software combines credit and background reports from credit bureaus (i.e., TransUnion) with the uploaded documents (i.e. income, identity, and employment verifications) in one view making it easy to evaluate each candidate.

Key Points: 
  • "Enabling our RentTango platform with ClearStar's credit and criminal background check capabilities is another step forward in simplifying the leasing and rental process for property and leasing managers," said Jason Madlin, co-founder and CTO of RentTango."
  • "Our partnership will empower property managers to qualify applicants directly on the RentTango platform instantly.
  • Leasing teams appreciate that the software combines credit and background reports from credit bureaus (i.e., TransUnion) with the uploaded documents (i.e.
  • With ClearStar technology, RentTango can now enable property managers to view and verify identities, credit reports, criminal background checks, and eviction searches -- instantly from within the platform.

Prosperi-Key partners with SingleCare to bring deep prescription savings to American households living paycheck to paycheck

Retrieved on: 
Thursday, December 9, 2021

Prosperi-Key was started by the United Way of Western Conn., and partners with local United Ways across the country to bring opportunities, like SingleCare, to a population termed ALICE (Asset Limited, Income Constrained, Employed).

Key Points: 
  • Prosperi-Key was started by the United Way of Western Conn., and partners with local United Ways across the country to bring opportunities, like SingleCare, to a population termed ALICE (Asset Limited, Income Constrained, Employed).
  • Too often these lower-income households struggle to get by yet are ineligible forfederal and state safety net programs.
  • SingleCare is now offering a free dedicated savings card available to Prosperi-Key Members at ProsperiKey.org/category/health , enabling them to save up to 80% on more than 10,000 prescription medications at nearby pharmacies.
  • SingleCare is the free prescription savings service that offers consumers fast and easy access to consistently low prices on prescription drugs.