USIC

USIC LLC Joins The Network of Employers for Traffic Safety Board of Directors

Retrieved on: 
Monday, February 28, 2022

The Network of Employers for Traffic Safety (NETS) is pleased to announce that USIC LLC has joined the organizations Board of Directors.

Key Points: 
  • The Network of Employers for Traffic Safety (NETS) is pleased to announce that USIC LLC has joined the organizations Board of Directors.
  • The Board of Directors welcomes USIC Board Representative Tom Karnowski, USIC Vice President of Environment, Health and Safety, to NETS, said Gabriel Kardos, NETS Chairman of the Board of Directors and Global Director, Office and Road Safety, Johnson & Johnson.
  • NETS Board of Directors members are comprised of public and private sector leaders with a commitment to road safety.
  • In addition, the National Highway Traffic Safety Administration (NHTSA) and the National Institute for Occupational Safety and Health (NIOSH) serve as federal liaisons to the board of directors.

Al Fada Group of companies announce the appointment of QF Capital SLP

Retrieved on: 
Thursday, February 10, 2022

The Al Fada Group of companies, led by Al Fada Anode Production in collaboration with ALCOA Maaden and others, in Japan (Kohsei) and Ukraine (Al Fada Ukraine/Steel Impex and others), is an international strategic metals production trade and Mining conglomerate based in Kuwait with production and/or facilities, extending to major trade locations around the world.

Key Points: 
  • The Al Fada Group of companies, led by Al Fada Anode Production in collaboration with ALCOA Maaden and others, in Japan (Kohsei) and Ukraine (Al Fada Ukraine/Steel Impex and others), is an international strategic metals production trade and Mining conglomerate based in Kuwait with production and/or facilities, extending to major trade locations around the world.
  • Al Fada Group Chairman Mr. Ramzi Nuseibeh is a well-known industrialist in the Gulf - MENA region and is highly respected within the strategic metals market leaders.
  • Al Fada Groups consortium of leading international industrial companies will boost the profile of Kuwait as an attractive and enabling hub for foreign investment.
  • QF Capital and New Century GlobalFunds is a global strategic advisory firm specializing in infrastructure, investment banking, fundmanagement, and structured finance.

United Surety & Indemnity Company Expands Market Offerings with Launch of General Liability Product for Commercial Line of Business on Majesco P&C Core Suite

Retrieved on: 
Tuesday, January 4, 2022

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced United Surety & Indemnity Company (USIC), a property and surety provider, expanded their market offering with the launch of General Liability for commercial lines of business on the Majesco P&C Core Suite, inclusive of policy, billing, and claims.

Key Points: 
  • Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced United Surety & Indemnity Company (USIC), a property and surety provider, expanded their market offering with the launch of General Liability for commercial lines of business on the Majesco P&C Core Suite, inclusive of policy, billing, and claims.
  • The launch of the new product provides additional coverage and protection for USIC customers.
  • This new product offering follows the original implementation of Majesco P&C Core Suite and highlights its speed to market value.
  • The Majesco team showcased expertise, dedication, and commitment throughout the process demonstrated by an on-time and on-budget implementation.

AM Best Removes Under Review with Developing Implications, Affirms Credit Ratings of Certain CUNA Mutual Holding Company Life Insurance Subsidiaries

Retrieved on: 
Wednesday, October 6, 2021

The removal of the under review with developing implications status reflects the closing of CUNA Mutual Holding Companys (CUNA Mutual) acquisition of the companies from their former parent, Assurant, Inc.

Key Points: 
  • The removal of the under review with developing implications status reflects the closing of CUNA Mutual Holding Companys (CUNA Mutual) acquisition of the companies from their former parent, Assurant, Inc.
  • The companies were placed under review with developing implications on Oct. 30, 2020, following Assurants announcement of the potential sale of the three entities.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Paul Luce Joins Vision Ridge Partners as Managing Director

Retrieved on: 
Wednesday, October 6, 2021

Vision Ridge Partners (Vision Ridge), a preeminent investor in sustainable real assets, today announced that Paul Luce, former Senior Investment Leader on Partners Groups Private Infrastructure Investment Team, has joined the firm as a Managing Director.

Key Points: 
  • Vision Ridge Partners (Vision Ridge), a preeminent investor in sustainable real assets, today announced that Paul Luce, former Senior Investment Leader on Partners Groups Private Infrastructure Investment Team, has joined the firm as a Managing Director.
  • Based in Boulder, Colorado, he will report to Vision Ridge Co-Founder and Managing Partner Reuben Munger.
  • We are thrilled to welcome Paul to the Vision Ridge team, said Munger.
  • Mr. Luce brings over 14 years of experience across private equity, infrastructure and real assets investing to Vision Ridge.

USIC Partners with Indiana's Hinds Career Center to Train High School Students for Careers as Utility Locate Technicians

Retrieved on: 
Tuesday, August 10, 2021

Headquartered in Indianapolis, Indiana, USIC has partnered with the Hinds Career Center, which is located about 50 miles north in Elwood, Indiana and serves seven school districts, to offer underground utility locating training to high school seniors.

Key Points: 
  • Headquartered in Indianapolis, Indiana, USIC has partnered with the Hinds Career Center, which is located about 50 miles north in Elwood, Indiana and serves seven school districts, to offer underground utility locating training to high school seniors.
  • USIC Vocational Education Coordinator Darrin Haynes leads two classes each school day, one in the morning and one in the afternoon.
  • Upon completion of the course, students will be fully trained to immediately begin a career as a locate technician with USIC or within the industry.
  • At full capacity, the USIC course can prepare up to 40 students each year for new jobs as locate technicians in Indiana and nationwide.