AIC

Great American Insurance Group Announces Leadership Promotions within its Property & Casualty Group

Retrieved on: 
Tuesday, January 17, 2023

Great American Insurance Group is pleased to announce the promotion of Brian D. DeSoto, Carrie A.

Key Points: 
  • Great American Insurance Group is pleased to announce the promotion of Brian D. DeSoto, Carrie A.
  • View the full release here: https://www.businesswire.com/news/home/20230117005810/en/
    Mr. DeSoto started his career with Great American in the Corporate Claims Division in 2008.
  • With this promotion, in addition to serving as Divisional President of Great American Risk Solutions, Mr. DeSoto will now assume reporting responsibilities for Great American’s Environmental Division and Mid-Continent Group.
  • He holds the Chartered Property Casualty Underwriter (CPCU) designation and has 30 years of insurance industry experience.

EQS-News: Henderson EuroTrust (HNE): Initiation – Searching for mispriced quality

Retrieved on: 
Thursday, February 2, 2023

Henderson EuroTrust (HNE) provides relatively concentrated exposure to a portfolio of continental European (ex-UK) equities.

Key Points: 
  • Henderson EuroTrust (HNE) provides relatively concentrated exposure to a portfolio of continental European (ex-UK) equities.
  • Ross is part of a well-established, collegiate European equities desk at Janus Henderson Investors (JHI) that covers the breadth of available opportunities in the region.
  • HNE has historically traded at a high single to low double-digit discount, which we believe is unjustified.
  • Click here to view the full report or here to sign up to receive research as it is published.

Nassau Financial Group Closes Strategic Transaction and Capital Raise

Retrieved on: 
Monday, January 9, 2023

Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.

Key Points: 
  • Nassau Financial Group, L.P. (“Nassau”) and Angel Island Capital Management, LLC (“AIC”) today announced that Nassau has merged with AIC.
  • Founded in 2008 by Golden Gate Capital, AIC is a specialty credit investment firm that currently manages $3.6 billion in assets including its balance sheet capital of approximately $300 million.
  • “This transaction significantly strengthens Nassau’s financial profile, adding an incremental $300 million in capital and third-party fee earning AUM, in support of our growth plans,” said Phil Gass, Chairman and CEO of Nassau.
  • Kirkland & Ellis LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal advisors to Golden Gate Capital.

AIC Introduces Server Systems Powered By 4th Gen Intel Xeon Scalable Processors

Retrieved on: 
Wednesday, January 11, 2023

CITY OF INDUSTRY, Calif., Jan. 11, 2023 /PRNewswire/ -- AIC Inc. , (from now on referred to as"AIC"), a leading provider in enterprise storage and server solutions, today unveiled its new server systems powered by 4th Gen Intel Xeon Scalable processors (formerly codenamed Sapphire Rapids).

Key Points: 
  • CITY OF INDUSTRY, Calif., Jan. 11, 2023 /PRNewswire/ -- AIC Inc. , (from now on referred to as"AIC"), a leading provider in enterprise storage and server solutions, today unveiled its new server systems powered by 4th Gen Intel Xeon Scalable processors (formerly codenamed Sapphire Rapids).
  • The newly launched AIC servers, SB102-HK , SB201-HK and HP202-KT , are designed to offer superior processing performance and energy efficiency by leveraging the innovative features of 4th Gen Intel Xeon Scalable processors.
  • "By working with Intel, we are offering innovative systems that leverage the benefits of 4th Gen Intel Xeon Scalable processors.
  • "The 4th Gen Intel Xeon Scalable processors provide enhanced performance for accelerating AI, analytics, networking, storage, and HPC workloads," said Suzi Jewett, General Manager, 4th Gen Intel Xeon Platform, Intel Corporation.

Philadelphia Insurance Companies Names New Chief Claims Counsel, Five Senior Vice Presidents

Retrieved on: 
Friday, January 6, 2023

BALA CYNWYD, Pa., Jan. 6, 2023 /PRNewswire-PRWeb/ -- Philadelphia Insurance Companies (PHLY) announces the promotion of Senior Vice President Jane North to Chief Claims Counsel. PHLY is also promoting John Bearman, Ann Bronczyk, Michael Freeman, John P. Kirby, and Julie Perkins to Senior Vice President.

Key Points: 
  • Five other Senior Vice Presidents promoted in Claims, Marketing, Underwriting, and Insurance Operations.
  • BALA CYNWYD, Pa., Jan. 6, 2023 /PRNewswire-PRWeb/ -- Philadelphia Insurance Companies (PHLY) announces the promotion of Senior Vice President Jane North to Chief Claims Counsel.
  • PHLY is also promoting John Bearman, Ann Bronczyk, Michael Freeman, John P. Kirby, and Julie Perkins to Senior Vice President.
  • Ms. Jane North currently serves as Senior Vice President of Claims and will take on the new title of Chief Claims Counsel.

Philadelphia Insurance Companies Names New Chief Claims Counsel, Five Senior Vice Presidents

Retrieved on: 
Thursday, January 5, 2023

BALA CYNWYD, Pa., Jan. 5, 2023 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) announces the promotion of Senior Vice President Jane North to Chief Claims Counsel. PHLY is also promoting John Bearman, Ann Bronczyk, Michael Freeman, John P. Kirby, and Julie Perkins to Senior Vice President.

Key Points: 
  • Five other Senior Vice Presidents promoted in Claims, Marketing, Underwriting, and Insurance Operations.
  • BALA CYNWYD, Pa., Jan. 5, 2023 /PRNewswire/ -- Philadelphia Insurance Companies (PHLY) announces the promotion of Senior Vice President Jane North to Chief Claims Counsel.
  • PHLY is also promoting John Bearman, Ann Bronczyk, Michael Freeman, John P. Kirby, and Julie Perkins to Senior Vice President.
  • Ms. Jane North currently serves as Senior Vice President of Claims and will take on the new title of Chief Claims Counsel.

CPCU Society Leadership Council Announces 2023 Officers and Members

Retrieved on: 
Thursday, January 5, 2023

MALVERN, Pa., Jan. 5, 2023 /PRNewswire/ -- The Institutes CPCU Society has announced its new Leadership Council officers and members for 2023.

Key Points: 
  • MALVERN, Pa., Jan. 5, 2023 /PRNewswire/ -- The Institutes CPCU Society has announced its new Leadership Council officers and members for 2023.
  • Traci Adedeji, CPCU, ACSPO, ARM, API, AIDA, TRIP, will also assume a new role on the Leadership Council, transitioning from Leadership Council Member to President-Elect.
  • In addition, the Leadership Council has gained five new members for 2023:
    For a complete list of CPCU Society Leadership Council members for the 2023–2024 year, please visit the CPCU Society website .
  • The CPCU Society also wishes to express our gratitude to the following Leadership Council members, whose terms concluded in 2022:

Local Infusion Secures Seed Funding Led by Brand Foundry to Launch Clinics in Maine and New Hampshire

Retrieved on: 
Friday, November 18, 2022

NASHVILLE, Tenn., Nov. 18, 2022 /PRNewswire-PRWeb/ -- Local Infusion, the leading infusion therapy company, announced it has closed on a $4 million seed funding round led by Brand Foundry. Local Infusion intends to use the proceeds to build out its tech team and support the launch of its first five clinics in Maine and New Hampshire.

Key Points: 
  • Local Infusion intends to use the proceeds to build out its tech team and support the launch of its first five clinics in Maine and New Hampshire.
  • In the locations where Local Infusion is beginning their efforts, there is a big cost differential between what hospitals are currently charging and what Local Infusion will charge patients for specialty infusion care.
  • Unlike traditional infusion centers, Local Infusion creates a seamless user experience for all stakeholders, patients, specialist providers, and primary care groups.
  • Brand Foundry Ventures is an investment firm led by former operators that specializes in disruptive and innovative technologies, products and services.

Blue Diamond Growers 112th Annual Meeting Highlights a Year of Record Profitability - Overcoming Inflation and Shipping Challenges

Retrieved on: 
Friday, November 18, 2022

SACRAMENTO, Calif., Nov. 17, 2022 /PRNewswire/ -- At the 112th Blue Diamond Growers Annual Meeting held yesterday in Modesto, CA, Blue Diamond Growers President and CEO, Mark Jansen, highlighted the accomplishments of the past year, while recognizing remarkable headwinds the cooperative tackled through creative solutions, strategic partnerships, and world-class innovation.

Key Points: 
  • "It could not have happened without the dedication of our 3,000 grower-owners or the 1,800 hard-working Blue Diamond team members."
  • In addition to sharing highlights from the past year, Blue Diamond also announced its continuing board members, including:
    In conjunction with the Annual Meeting, Blue Diamond Growers is also releasing its "Partnering for a Sustainable Future" Annual Report and inaugural "Growing a Better Tomorrow" Sustainability Report.
  • Blue Diamond Growers, a grower-owned cooperative representing approximately 3,000 of California's almond growers, is the world's leading almond marketer and processor.
  • To learn more about Blue Diamond Growers, visit www.bluediamond.com and follow the company on Facebook , Instagram , LinkedIn and Twitter .

AIC's New Edge Server Platform Powered by 4th Gen AMD EPYC™ Processors Will Make a Debut at SC22

Retrieved on: 
Friday, November 11, 2022

Combined with the 4th Gen AMD EPYC processors, EB202-CP is expected to drive the innovations in AI, training simulation, autonomous vehicles and edge applications.

Key Points: 
  • Combined with the 4th Gen AMD EPYC processors, EB202-CP is expected to drive the innovations in AI, training simulation, autonomous vehicles and edge applications.
  • Based on AIC server board Capella, EB202-CP supports single 4th Gen AMD EPYC processor and eight DDR5 DIMMs.The 4th Gen AMD EPYC processors, built on "Zen 4" architecture, are optimized for general-purpose workloads across enterprise, cloud and edge.
  • "We are excited to bring our new edge server EB202-CP to SC22,"said Michael Liang, President and CEO of AIC.
  • "By leveraging features of 4th Gen AMD EPYC processors, EB202-CP is well suited for edge and AI applications which require greater processing performance and within the most efficient, space-saving format.