Delegated authority

Morning Data Donates Data Model Assets to Insurance Industry via ACORD

Retrieved on: 
Tuesday, November 23, 2021
Research, ADEPT, CEO, Industry, Standard data model, Compliance, Metropolitan Cattle Market, Database schema, Financial accounting, Delegated authority, ACORD, Information model, Software system, Organization, Efficiency, Documentation, MGA, Data model, Association, Architecture, Insurance, Cryptocurrency

LONDON, Nov. 23, 2021 /PRNewswire/ --Leading specialist London Market insurance software provider Morning Data today announced that it is making its Conceptual Data Model assets available to the industry at large by donating them through ACORD , the standards-setting body for the global insurance and related financial services industries.

Key Points: 
  • LONDON, Nov. 23, 2021 /PRNewswire/ --Leading specialist London Market insurance software provider Morning Data today announced that it is making its Conceptual Data Model assets available to the industry at large by donating them through ACORD , the standards-setting body for the global insurance and related financial services industries.
  • ACORD will incorporate the material into the existing Data Model and Information Model of the ACORD Reference Architecture , used widely throughout the global industry across various lines of business.
  • "Morning Data has long been a vocal supporter and advocate of the ACORD Data Standards," said Chris Newman, Managing Director - Global, ACORD.
  • Kirstin Duffield, CEO of Morning Data, said: "The value of a good data model is the proof that it works.

Hyperion Bank Q3 Report: Earnings More than Tripled Year Over Year

Retrieved on: 
Wednesday, October 27, 2021
Technology, Delegated authority, Small business, Hyperion, Equal housing lender, Delegate, CEO, Growth, COO, American City Business Journals, SBA, FDIC, Bank

"Over the last year, our loans are up 13%, deposits have increased by 28%, and total assets are 23% higher."

Key Points: 
  • "Over the last year, our loans are up 13%, deposits have increased by 28%, and total assets are 23% higher."
  • The bank was recently recognized in the Philadelphia Business Journal's "Soaring 76" as the 19th fastest growing company in the Philadelphia region.
  • Earnings of the company have more than tripled from $513,205 for the first nine months of 2020 to $1,577,505 for the first nine months of 2021.
  • Hyperion Bank , founded in 2006, is a full-service community bank that connects with customers via technology and highly accessible, experienced, enthusiastic bankers who have local decision-making authority.

Hyperion Bank Renewed as SBA 'Express' Lender

Retrieved on: 
Monday, September 27, 2021
Equal housing lender, Delegated authority, SBA, Small business, FDIC, CEO, CARES Act, Chief executive officer, NMLS, Hyperion, Technology, PPP, Small Business Administration, Delegate, Bank, Real estate

ATLANTA, Sept. 27, 2021 /PRNewswire/ --The U.S. Small Business Administration renewed Hyperion Bank's Delegated Authority status for the SBA 7(a) Express Loan Program.

Key Points: 
  • ATLANTA, Sept. 27, 2021 /PRNewswire/ --The U.S. Small Business Administration renewed Hyperion Bank's Delegated Authority status for the SBA 7(a) Express Loan Program.
  • Having delegated authority enables Hyperion to streamline the approval and closing process on loans up to $350,000 for small business customers.
  • Hyperion Bank is a full-service community bank that connects with customers via technology and highly accessible, experienced, enthusiastic bankers who have local decision-making authority.
  • Last year the bank launched Hyperion Mortgage, a significant expansion of its existing mortgage program and a unique joint venture with a national mortgage lender.

Amwins Global Risks enhances leadership team with new senior hires

Retrieved on: 
Thursday, September 16, 2021
Knowledge, Savitri Hensman, Lloyd's of London, Aon, Insurance, International, Business administration, QBE, Delegate, Delegated authority, Beazley Group, Financial services, Management

As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.

Key Points: 
  • As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.
  • Hensman joins Amwins Global Risks from Beazley where he most recently held the position of Head of Business Management.
  • In his new role, Hensman will help accelerate new and existing strategic initiatives at Amwins Global Risks as the business continues to grow.
  • She will bring a wealth of knowledge and expertise as Amwins Global Risks continues to build out its London platform.

Amwins Global Risks enhances leadership team with new senior hires

Retrieved on: 
Thursday, September 16, 2021
Knowledge, Savitri Hensman, Lloyd's of London, Aon, Insurance, International, Business administration, QBE, Delegate, Delegated authority, Beazley Group, Financial services, Management

As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.

Key Points: 
  • As the international arm of a global specialty insurance broker, Amwins Global Risks is one of the largest independent wholesale brokers in London.
  • Hensman joins Amwins Global Risks from Beazley where he most recently held the position of Head of Business Management.
  • In his new role, Hensman will help accelerate new and existing strategic initiatives at Amwins Global Risks as the business continues to grow.
  • She will bring a wealth of knowledge and expertise as Amwins Global Risks continues to build out its London platform.