GuideOne Insurance

GuideOne Foundation Awards Funds to Nonprofit Organizations Focused on Health, Human Services and Education

Retrieved on: 
Thursday, February 22, 2024
Organic, Organization, Health, Culture, Human, GuideOne Insurance, Education, Pharmaceutical industry

WEST DES MOINES, IOWA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- GuideOne Foundation, the philanthropic arm of GuideOne Insurance, announced today that it awarded $140,170 across more than 40 charities in 2023.

Key Points: 
  • WEST DES MOINES, IOWA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- GuideOne Foundation, the philanthropic arm of GuideOne Insurance, announced today that it awarded $140,170 across more than 40 charities in 2023.
  • The financial assistance supports programs that positively develop, enhance and impact the communities where GuideOne employees live and work.
  • “We are delighted to support these organizations that are advancing health, human services and education for the populations they serve,” said GuideOne Insurance President & CEO and GuideOne Foundation President Ken Cadematori.
  • Organizations supported by GuideOne Foundation in 2023:

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of GuideOne Insurance Companies’ Members

Retrieved on: 
Thursday, February 8, 2024
Banking, Professional Services, Insurance, Finance, Risk management, Acquisition, FSR, GuideOne Insurance, TMG, Credit, Pressure

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of GuideOne Insurance Company and its wholly owned subsidiaries, collectively referred to as GuideOne Insurance Companies (GuideOne).

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of GuideOne Insurance Company and its wholly owned subsidiaries, collectively referred to as GuideOne Insurance Companies (GuideOne).
  • The outlook assigned to these Credit Ratings (ratings) is negative.
  • The Mutual Group (TMG) was created by Bain’s acquisition of GuideOne Insurance Company's operational platform.
  • The FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) have been removed from under review with negative implications with a negative outlook assigned for the subsidiaries of GuideOne Insurance Company:

Neptune Flood Crosses $200 Million of Premium in Force, Becomes Primary Alternative to NFIP

Retrieved on: 
Thursday, October 26, 2023
National Flood Insurance Program, Insurance, Insurance Institute of Canada, Snyder, Plymouth Rock, Swiss Re, FEMA, Information technology, NFIP, Mitsui Sumitomo Insurance Group, Fintech, Business, GuideOne Insurance, IBHS, Argo Group, Management, Financial adviser, Neptune, Orchid

ST PETERSBURG, Fla., Oct. 26, 2023 /PRNewswire/ -- Neptune Flood, the largest private provider of flood insurance in the United States, has crossed $200 million of premium in force and adds seven members to its newly formed advisory board, it was announced today by Trevor Burgess, CEO of Neptune Flood.

Key Points: 
  • Crossing $200 million of premium in force brings Neptune to over 5% of the National Flood Insurance Program's size, securing its role as the primary alternative to the NFIP.
  • The Neptune Flood Advisory Board Members are:
    Jim Albert: Co-founder of Neptune, served as the company's CEO through 2019, and held the role of Chairman from 2020 to early 2023.
  • Prior to Neptune, he held senior executive positions in insurance and information technology in the US and the UK.
  • Prior to IBHS Roy was at FEMA where he served as the chief executive of the National Flood Insurance Program (NFIP).

GuideOne Foundation Awards $37,000 in Grants to Charitable Organizations

Retrieved on: 
Thursday, August 17, 2023
GuideOne Insurance, Organization, Organic, Pharmaceutical industry

West Des Moines, Iowa, Aug. 17, 2023 (GLOBE NEWSWIRE) -- GuideOne Foundation (“Foundation”), the philanthropic arm of GuideOne Insurance, announced today that it distributed community grants totaling $37,000 to 34 charities.

Key Points: 
  • West Des Moines, Iowa, Aug. 17, 2023 (GLOBE NEWSWIRE) -- GuideOne Foundation (“Foundation”), the philanthropic arm of GuideOne Insurance, announced today that it distributed community grants totaling $37,000 to 34 charities.
  • The Employee Advisory Committee assists the board and officers of the Foundation by reviewing applications from 501(c)(3) organizations and recommending funding and requests up to $2000.
  • In addition, they represent the interests of GuideOne employees as well as organize employee volunteer opportunities throughout the year to support the Foundation.
  • “For 25 years, the GuideOne Foundation has played a critical role in fulfilling our mission to make positive change possible,” said GuideOne Insurance President & CEO and GuideOne Foundation President Bernie Hengesbaugh.

AM Best Places Credit Ratings of GuideOne Insurance Companies’ Members Under Review With Negative Implications

Retrieved on: 
Friday, July 14, 2023
Banking, Professional Services, Insurance, Finance, GuideOne Insurance, AM, Net, Long-Term Capital Management, AM Best, Credit, FSR

AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of GuideOne Insurance Company and its wholly owned subsidiaries collectively referred to as GuideOne Insurance Companies (GuideOne).

Key Points: 
  • AM Best has placed under review with negative implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of GuideOne Insurance Company and its wholly owned subsidiaries collectively referred to as GuideOne Insurance Companies (GuideOne).
  • See below for a detailed listing of all companies and Credit Ratings (ratings).
  • These ratings have been placed under review with negative implications given AM Best’s concerns with a significant decline in surplus and risk-adjusted capital ratios.
  • The FSR of A- (Excellent) and the Long-Term ICRs of “a-” (Excellent) have been placed under review with negative implications for the subsidiaries of GuideOne Insurance Company:

K-12 Solutions Provider LINQ Announces New CEO Bryan Jones

Retrieved on: 
Monday, May 15, 2023
Technology, Payments, Other Technology, Professional Services, Software, Other Education, Data Management, Primary, Secondary, Education, Other Professional Services, Heart, Software as a service, Welsh, Carson, Anderson & Stowe, Senior, Parent, Connected health, GLG, Multimedia, Research, ERP, Docwra, Welsh, K-12, School, Student, Risk, GuideOne Insurance, Jones, CFO, Growth, Environment, Automation, Management, LINQ

LINQ, the leading K-12 education business solutions provider, announced today the appointment of its new Chief Executive Officer Bryan Jones effective May 15.

Key Points: 
  • LINQ, the leading K-12 education business solutions provider, announced today the appointment of its new Chief Executive Officer Bryan Jones effective May 15.
  • Jones succeeds interim CEO Tim Clifford, who will continue to serve as Executive Chairman.
  • View the full release here: https://www.businesswire.com/news/home/20230515005125/en/
    Bryan Jones is the new CEO of K-12 solutions provider LINQ.
  • “I am thrilled to join LINQ as CEO and excited to work with the incredible team of experts who have served our students, parents and schools for decades,” said Jones, CEO of LINQ.

GuideOne Names Paul Knutson Senior Vice President, Alternative Distribution and Reinsurance

Retrieved on: 
Wednesday, April 12, 2023
Insurance, Knowledge, Risk management, GuideOne Insurance, Reinsurance

West Des Moines, Iowa, April 12, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company, a trusted provider of property and liability insurance and risk management solutions, today announced that Paul Knutson has been promoted to the leadership team as senior vice president of alternative distribution and reinsurance.

Key Points: 
  • West Des Moines, Iowa, April 12, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company, a trusted provider of property and liability insurance and risk management solutions, today announced that Paul Knutson has been promoted to the leadership team as senior vice president of alternative distribution and reinsurance.
  • In this expanded role, Knutson will be responsible for developing and executing all facets of the company’s strategy in the programs and E&S casualty market segments while retaining his current responsibilities for reinsurance purchasing across all GuideOne business segments.
  • Knutson brings over 25 years of leadership, reinsurance buying and reinsurance brokerage experience to the position.
  • He joined GuideOne in 2021 as vice president of reinsurance.

GuideOne Appoints Naomi Myers Chief Human Resources Officer

Retrieved on: 
Monday, April 3, 2023
Organization, Nationwide Mutual Insurance Company, Buena Vista University, Lead, Partnership, CNA Financial, Acquisition, GuideOne Insurance, Rite Aid, Insurance, Management

West Des Moines, Iowa, April 03, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company today announced that Naomi Myers has been named senior vice president, chief human resources officer.

Key Points: 
  • West Des Moines, Iowa, April 03, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company today announced that Naomi Myers has been named senior vice president, chief human resources officer.
  • In this role, Myers will develop and lead GuideOne’s HR strategy, specifically in the areas of talent acquisition, talent management, training and development and compensation and benefits.
  • Prior to that, she spent over 16 years in senior HR leadership roles for Nationwide Insurance and later at CNA Insurance.
  • Myers earned her bachelor’s degree in human services at Buena Vista University.

GuideOne Foundation Awards over $150,000 in Grants to Charitable Organizations in 2022

Retrieved on: 
Monday, February 13, 2023
Education, Organization, Health, GuideOne Insurance, Hygiene, Student, Organic, Heart, Pharmaceutical industry, IOWA

The foundation was established in 1998 to provide financial assistance to charitable organizations that positively develop, enhance and impact the communities where GuideOne employees live and work.

Key Points: 
  • The foundation was established in 1998 to provide financial assistance to charitable organizations that positively develop, enhance and impact the communities where GuideOne employees live and work.
  • It does this by making grants to 501(c)(3) organizations where GuideOne employees are involved or that offer volunteer opportunities in which GuideOne employees can participate.
  • In 2022, GuideOne employees reported volunteering more than 1,600 hours.
  • “The work of GuideOne Foundation is at the heart of our company culture,” said GuideOne Insurance President & CEO and GuideOne Foundation President Bernie Hengesbaugh.

Jude DiBattista named to Insurance Business America’s Hot 100

Retrieved on: 
Tuesday, January 3, 2023
Appetite, E&S, IBA, GuideOne Insurance, Insurance, Risk management

West Des Moines, Iowa, Jan. 03, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company is pleased to share that Vice President of E&S Casualty Jude DiBattista has been named to the 2023 Hot 100 by Insurance Business America (IBA).

Key Points: 
  • West Des Moines, Iowa, Jan. 03, 2023 (GLOBE NEWSWIRE) -- GuideOne Insurance Company is pleased to share that Vice President of E&S Casualty Jude DiBattista has been named to the 2023 Hot 100 by Insurance Business America (IBA).
  • The annual list recognizes insurance leaders across all specialties and markets who are transforming the way the industry does business.
  • Its editorial panel then selected 100 movers and shakers from hundreds of nominees whose achievements over the past 12 months have influenced the insurance business.
  • This year’s Hot 100 list showcases the finest that the industry has to offer, from executives redefining how the industry conducts business to innovators at the forefront of change.