COI

NEW YORK COMMUNITY BANCORP, INC. CLOSES OVER $1 BILLION EQUITY INVESTMENT STRENGTHENING BALANCE SHEET AND LIQUIDITY POSITION

Retrieved on: 
Tuesday, March 12, 2024
Transfer, Slate, Exercise, Bank Holding Company Act, Sullivan & Cromwell, New York Community Bank, NYCB, Investment, Latham & Watkins, Treasury, Employment, COI, Certificate, Oliver Cromwell, Workforce, Common stock, New York Stock Exchange, Plan, Regulation, Acquisition, Incoming, Growth, Comptroller, Venture round, Jefferies Group, Security (finance)

HICKSVILLE, N.Y., March 11, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") announced today it completed the previously announced transactions resulting in individual investments aggregating to approximately $1.05 billion in the Company by Liberty Strategic Capital ("Liberty"), funds managed by Hudson Bay Capital Management ("Hudson Bay"), funds managed by Reverence Capital Partners ("Reverence Capital"), and other investors (collectively, the "Investors").

Key Points: 
  • Our Company enters this next phase with an enhanced balance sheet and liquidity position."
  • We believe that this transaction has strengthened the Company's balance sheet and liquidity position and look forward to working with management and the dedicated workforce of NYCB to deliver shareholder value."
  • Mr. DiNello, Marshall Lux, Lawrence Savarese, Peter Schoels, David Treadwell and Jennifer Whip remain members of the Board.
  • In addition, in connection with Reg Y Transfers, the Series C Preferred Stock is automatically convertible into 1,000 shares of our common stock.

Formidium appoints Mandar N. Mhatre as the Global Chief Revenue Officer (CRO) in its leadership team

Retrieved on: 
Wednesday, February 28, 2024
Universe, Crypto, University of Mumbai, Accounting, Marketing, Mentorship, Growth, Data collection, Commerce, Mandar, CTAS, COI

CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Formidium Corp., a global provider of investment fund administration services and technology, announced the appointment of Mandar N. Mhatre as the Global Chief Revenue Officer (CRO) of the company.

Key Points: 
  • CHICAGO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Formidium Corp., a global provider of investment fund administration services and technology, announced the appointment of Mandar N. Mhatre as the Global Chief Revenue Officer (CRO) of the company.
  • Mandar has a diverse experience in leadership roles across banking, finance, investing, strategy, and mentoring.
  • As the CRO at Formidium, Mandar will be operating from Mumbai.
  • In this role, he will be part of the top leadership team at Formidium overseeing global revenues and growth while guiding teams across sales & marketing, customer success, products, and revenue operations and performance.

FileForms Launches Innovative BOI Frequent Filer Program and Professional Product to Simplify Corporate Transparency Act Compliance

Retrieved on: 
Tuesday, January 9, 2024
Entrepreneurship, Financial Crimes Enforcement Network, CTA, BOI, Regulatory compliance, Multimedia, Lawyer, API, Risk, CPA, COI, Cryptocurrency

FORT LAUDERDALE , Fla., Jan. 9, 2024 /PRNewswire/ -- FileForms takes a bold step to revolutionize compliance reporting with its innovative Frequent Filer Program and Professional (Pro) Product.

Key Points: 
  • FORT LAUDERDALE , Fla., Jan. 9, 2024 /PRNewswire/ -- FileForms takes a bold step to revolutionize compliance reporting with its innovative Frequent Filer Program and Professional (Pro) Product.
  • "At FileForms, we're committed to simplifying CTA compliance and BOI reporting for businesses and their advisors nationwide.
  • With our Frequent Filer Program and the Professional (Pro) Product, we aim to define the best approach to this new federal reporting requirement, which can otherwise be a huge hassle.
  • Compliance shouldn't be a burden, and our innovative platform reflects our dedication to a seamless experience for our valued partners and clients."

biBERK Business Insurance Provides Valuable Insights in Guide to General Liability Insurance for Businesses

Retrieved on: 
Monday, December 11, 2023
Umbrella, General insurance, Injury, Certificate, Policy, Small business, Risk, Berkshire Hathaway, BOP, Hand, COI, Liability insurance, Record, Accident, Lawyer, Fraud, Small, Death, Face, Advertising, Only, Communication, Insurance

Also called commercial general liability insurance coverage, this type of policy is essential for every business, large or small.

Key Points: 
  • Also called commercial general liability insurance coverage, this type of policy is essential for every business, large or small.
  • You can customize your general liability insurance coverage to address specific business risks by adding what are called endorsements.
  • One of our licensed insurance experts can help you determine whether you should add any endorsements to your general liability insurance policy and discuss with you the overall general liability insurance cost you will have to pay.
  • Best General Liability Insurance for Small Businesses: Affordable, Essential Protection
    As a business owner, you have countless decisions to make and tasks to handle.

AI-Driven Embedded Insurance Platform Mulberri Announces $6.75 Million Series A Led By Eos Venture Partners

Retrieved on: 
Thursday, December 7, 2023
Technology, Insurance, Human Resources, Finance, Fintech, Professional Services, Software, Small Business, Data Management, Artificial Intelligence, Eos, Policy, Organization, Professional employer organization, Entrepreneurship, SME, Ted Coy, Risk, Asos, Ecosystem, General partnership, Partnership, HR, COI, Bank, Mulberry (company)

Mulberri , an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio).

Key Points: 
  • Mulberri , an AI-driven embedded business insurance platform for small and medium enterprises, announced its $6.75 million Series A led by Eos Venture Partners, with participation from existing investors Hanover Technology Management, MS&AD Ventures, and Altamont Capital Partners (via insurance enterprises in its portfolio).
  • Zach Powell, General Partner of Eos Venture Partners, will join Mulberri as a board member.
  • Mulberri’s platform offers an array of insurance solutions, including brokerage, risk transfer, certificate of insurance, and risk engines.
  • Mulberri offers an ecosystem of services to serve small and medium enterprises, including:
    Violet Berri: Violet Berri is a joint venture of Vensure Employer Services and Mulberri.

Award Winning Chef Arrives in Northern Maine

Retrieved on: 
Tuesday, November 21, 2023
Michelin, Saison, San Francisco Chronicle, Eleven Madison Park, Restaurant, Amusement park, Slate, COI

GREENVILLE, Maine, Nov. 21, 2023 /PRNewswire/ -- Recognized as one of Austin's top chefs, Max Snyder is trading the city life for the peaceful and bountiful Maine Northwoods where he will take over as Executive Chef of Slate Restaurant at the Blair Hill Inn.

Key Points: 
  • GREENVILLE, Maine, Nov. 21, 2023 /PRNewswire/ -- Recognized as one of Austin's top chefs, Max Snyder is trading the city life for the peaceful and bountiful Maine Northwoods where he will take over as Executive Chef of Slate Restaurant at the Blair Hill Inn.
  • Throughout his career Max has demonstrated a passion for sourcing the freshest ingredients for his dishes, from rooftop gardens, urban farms and the pristine wilds of Northern California.
  • Bringing that passion to Maine and its diverse selection of fresh organic ingredients, including from Slate's own garden, promises to offer guests a unique seasonal dining experience.
  • Slate Restaurant is one of only two Relais & Châteaux Restaurants in Maine.

American College of Lifestyle Medicine announces 2023 award winners for advancement of lifestyle medicine in health care

Retrieved on: 
Wednesday, November 15, 2023
Patient, MPA, Performance medicine, Quality of life, Loma Linda University, CHIP, Food, Special Recognition Award, Central Waqf Council, Veterans' affairs, RLI, Health, SEO, Molina Healthcare, Physician, Habit, All India Mahila Congress, Medicine, Interest, BCD, Exercise, AMVCA Trailblazer Award, Student, ACLM, Metropolitan, University, Government Performance Coalition, FACOG, American Journal, Lifestyle, Working Group, COI, FACN, Research, Department of Defence, Air force, LCSW, Cardiology, Military Health System, FACC, American College, MPH, Pritikin diet, DSW, Wool, Pharmaceutical industry, Nursing, Dietary supplement, Management, FAAP, MD

ST. LOUIS, Nov. 15, 2023 /PRNewswire-PRWeb/ -- 

Key Points: 
  • The American College of Lifestyle Medicine (ACLM) announced the 2023 recipients of its highest awards for the advancement of lifestyle medicine in health care at the organization's annual conference Oct. 29-Nov. 1 in Denver.
  • Among the awards presented were the Lifetime Achievement Award, the Trailblazer Award, the President's Award and the Special Recognition Awards.
  • "ACLM is delighted to honor the 2023 award winners for the dedication, expertise and passion they have contributed to the rapidly growing field of lifestyle medicine," ACLM President Beth Frates, MD, FACLM, DipABLM, said.
  • The 2023 Trailblazer Award recipient is James Rippe, MD, founder and director of Rippe Lifestyle Medicine, a professor of medicine at the University of Massachusetts Chan Medical School and founder and editor-in-chief of the American Journal of Lifestyle Medicine.

Insurance Carriers Increase Small Businesses' Digital Access to Certificates of Insurance and Demos; Opportunity to Add More Digital Servicing

Retrieved on: 
Wednesday, November 1, 2023
Insurance, Intelligence, Policy, Small business, Investment, COI, Scorecard, BOP, Mobile phone

WILMINGTON, Del., Nov. 1, 2023 /PRNewswire-PRWeb/ -- Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of its 2023 Small Commercial Insurance Scorecard. For the fifth consecutive year, The Hartford secures first place in the Scorecard for its digital user experience catering to small businesses. Keynova Group's annual evaluation of the desktop and mobile offerings of the 10 largest U.S. insurers of small businesses highlights how carriers are advancing digital support and servicing to meet the unique needs of small firms.

Key Points: 
  • For the fifth consecutive year, The Hartford secures first place in the Scorecard for its digital user experience catering to small businesses.
  • "There continues to be a substantial disparity in the degree of carriers' digital enablement for small businesses, especially when compared with the more advanced capabilities provided to consumers."
  • As well, carriers have increased their Spanish-language content, with 60% now providing insurance information for small businesses in Spanish on their websites.
  • Policyholders Despite many digital advances, both public site and authenticated servicing capabilities for small businesses continue to lag the digital options that carriers offer consumers.

NEXT Insurance Celebrates Milestone Achievement in Eclipsing Half-Million Customer Mark

Retrieved on: 
Monday, October 30, 2023
Yoy, Small business, Certificate, Food, Heel, Ted Coy, PALO, NEXT, Digital, LegalZoom, Growth, Free agent (business), Connect, Machine learning, Paramount, Culture, COI, Management, Insurance

PALO ALTO, Calif., Oct. 30, 2023 /PRNewswire/ -- Today, NEXT Insurance, a leading digital small business insurer, achieved a marked milestone in reaching 500,000 active small business customers. Throughout NEXT's journey as a digital insurer, its commitment to the small business community has remained paramount, driving all aspects of its continued product innovations, partnerships, and integrations.

Key Points: 
  • That's why we're constantly leveraging technologies to allow our customers to easily self service and enjoy a simple, intuitive insurance purchasing and servicing processes.
  • NEXT credits this customer milestone to its digital-first approach to modernizing insurance and singular mission of providing simple, affordable and tailored insurance coverage.
  • One of NEXT's customers, EKO Kitchen , represents the positive impact that digital insurance solutions can have on a small business owner's journey.
  • By providing customers with simple and efficient digital insurance solutions, NEXT is poised to continue its culture of growth alongside the small business community it supports daily.

NVTC and InterGlobix Announce Strategic Developments and Leadership Milestones in Virginia's Data Center and Cloud Community

Retrieved on: 
Monday, October 30, 2023
Cloud, Policy, NVTC, Data center, AI, COI, Trade and Technology Council, Management, Interest

MCLEAN, Va. , Oct. 30, 2023 /PRNewswire-PRWeb/ -- The Northern Virginia Technology Council (NVTC), the trade association representing the region's technology community, and InterGlobix LLC, a global consultancy, advisory, and media company focused on the convergence of data centers and terrestrial and subsea fiber, proudly announce progression and leadership enhancements within the NVTC Data Center and Cloud Community of Interest (COI).

Key Points: 
  • New appointments set to strengthen innovation and inclusivity within and beyond NVTC's Data Center and Cloud Community of Interest.
  • In a significant development, Vinay Nagpal, Chair of the NVTC Data Center and Cloud COI and CEO of InterGlobix, has been appointed to the NVTC Senior Executive Advisory Committee.
  • The NVTC Data Center and Cloud COI is pleased to announce the following new appointments to fortify its existing leadership structure:
    Each executive brings a wealth of experience and innovative leadership that will undoubtedly drive the community toward achieving new heights.
  • With the addition of the aforementioned individuals, the NVTC Data Center and Cloud Community Leadership Board encompasses ten influential industry leaders with diverse backgrounds, expertise, and experience.