Business, Free News Articles, Insurance, Product Launches

FIDUCIARY INSURANCE SERVICES LLC to provide Integrative wealth management and insurance advice to sponsoring financial institutions

NEW YORK, N.Y. -- Fiduciary Insurance Services, LLC (FIS) announces its launch today as a provider of strategic consulting, insurance advice, and investment advice, on an hourly or retainer basis, to financial institutions seeking to participate in a growing trend for insurance distributed via fiduciaries.

"Insurance has always been provided through the sale of a product," says Michelle Richter, FIS founder. "But product selling does not mesh well with the fiduciary advice community, which comprises a growing proportion of the financial professional population."

According to Richter, "Few new insurance ideas make it to market, for two reasons. First, it's expensive to launch and wholesale a new category of product. Second, there's a mistaken notion that the sale of risk protections should be completed by insurance agents only in isolation from broader planning and wealth management decisions."

"Programs, as distinct from products," Richter added, "can be deployed as service mark-able, tech-enabled frameworks. They can systematically and responsibly weave together, or provide metrics that allow the adviser to combine, existing insurance and investment products in ways that improve on existing silo-ed product sale frameworks."

FIS is currently exploring five (5) program constructs spanning several arenas:
* Institutional annuity/managed accounts
* Structured annuity/long term care combos
* Retail life insurance in investment advice
* Other institutional risk-pooling arenas
* FIS seeks to provide advocacy, business plan creation, and program design services to insurers, recordkeepers, and other financial institutions for use with their advisers and clients

In strategic consulting and business operating roles, Richter has demonstrated expertise in the integration of wealth management, life insurance, annuities, and asset management concepts, for retail and institutional businesses.

Richter has a proven track record launching new businesses and re-engineering existing operations at a Fortune 100 life insurer. She managed a $27 million operating budget and team of 70 experts in product management, marketing, operations, compliance, wholesaling/distribution, and training, prior to her foray into motherhood in 2010. Richter is also a named inventor on a patented method for insurance investment product decision modeling, and is an advisor member of the Institutional Retirement Income Council.

Richter has earned a bachelor's degree in Economics from Wesleyan University, and an MBA in Management and Finance from Columbia University's Graduate School of Business. Richter is an investment adviser, and she holds an insurance consulting license in New York.

For more information about services offered by FIS, please contact Michelle Richter at (347) 871-0823. Email: MRichterFIS@gmail.com, or visit https://fiduciaryinsuranceservices.com/.

Follow FIS on LinkedIn

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0917s2p-michelle-richter-300dpi.jpg
*Caption: Michelle Richter, Principal, Fiduciary Insurance Services, LLC.

Related link: https://fiduciaryinsuranceservices.com/

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Alliances and Partnerships, Business, Free News Articles, Insurance, Software

PayneWest Insurance, a Top 100 National Insurance Brokerage, selects TrustLayer Compliance and Certificate Management Software to leverage next generation technology in their leading Compliance Service Practice

SAN FRANCISCO, Calif. -- PayneWest Insurance, a leading insurance brokerage in the Pacific Northwest, today announced partnering with TrustLayer, Inc., the next generation solution for compliance tracking. PayneWest will leverage TrustLayer to expand value added services within their many Specialty Practices - specifically their Insurance Compliance Service offering to its Construction customers. PayneWest is the leading brokerage in the region to roll out this suite of additional consulting services at scale.

Legacy certificate tracking software systems are often cumbersome and expensive. Industry pioneer TrustLayer provides an innovative risk management system that enables immediate vendor coverage verification. Using a unique robotic process automation (RPA) and AI to automate this manual process allows companies to automatically verify the insurance and licenses of their partners. With TrustLayer, PayneWest is able to elevate and expand its risk consulting services to many more of its customers.

"Small and medium businesses often cannot justify a full-time Risk Manager. TrustLayer gives our brokerage an ability to offer additional risk consulting services to our clients. Most importantly, it helps us better protect our clients from insurance claims caused by their vendors," said Isabel Barichievich, Specialty Practice Project Manager.

Barichievich added, "TrustLayer provides a collaborative risk management platform that allows us to help review and track certificates of insurance (COIs) to make sure our clients' vendors have the correct insurance coverage."

"With the current state of the economy, many vendors are not carrying the right commercial insurance coverage," said John Fohr, Chief Executive Officer of TrustLayer. "By using TrustLayer, PayneWest will be able to automate the traditionally manual process of tracking insurance coverage for their customers, enabling the agency to reduce inefficiency, increase revenue and retain its customer base."

About TrustLayer

TrustLayer is a collaborative risk management application that helps reduce friction between businesses. The company allows their business partners' users to automate the verification of insurance, licenses, and compliance documents (i.e., vendors, subcontractors, suppliers, borrowers, tenants, ridesharing and franchisees). TrustLayer's solution is recognized by the industry and is a member of BrokerTech Ventures (BTV) accelerator, BrushCreek Tech Insurance accelerator, winner of the 2019 R3 CordaCon Insurtech Challenge, and received top honors at The Institutes 2020 annual convention.

Learn more at: https://www.trustlayer.io/

Related link: https://www.trustlayer.io/

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Business, Free News Articles, Insurance, Software

Mortgage Insurance Ordering Made Seamless as OpenClose® Integrates Its LenderAssist™ LOS with Radian

WEST PALM BEACH, Fla. -- OpenClose(R), an industry-leading digital mortgage fintech provider, announced it completed an interface with Radian Guaranty Inc., the mortgage insurance (MI) subsidiary of Radian Group Inc. (NYSE: RDN). The integration leverages OpenClose's omni-channel loan origination system (LOS) and RESTful API suite, allowing Radian customers to order MI without exiting the LenderAssist(TM) LOS.

LenderAssist LOS users can now quickly, easily, and cost effectively obtain rate quotes and process delegated as well as non-delegated MI certifications. Data returned from Radian automatically populates into the applicable LOS fields, eliminating error prone manual data entry.

"We are constantly communicating with our customers and identifying opportunities to eliminate manual processes and the associated data integrity risk they present," said Vince Furey, CRO at OpenClose. "This integration automates the ordering and processing of mortgage insurance and provides our mutual customers speed, efficiency and accuracy, from any online environment - anywhere, at any time."

Radian offers lenders competitive pricing, unique programs, digital solutions and focused service that help close loans faster, generate more business and better manage their portfolios. The company's MI products help borrowers become homeowners sooner by qualifying for loans with smaller downpayments while mitigating investor risk.

"At Radian, we are committed to making it easier and simpler for our customers to do business with us," said Brien McMahon, chief franchise officer and co-head of real estate, Radian. "Partnering with OpenClose will allow for streamlined, direct and real-time access to private MI for lenders and borrowers, and we're proud to deliver that."

OpenClose offers an award-winning, 100 percent browser-based, end-to-end, workflow-driven fintech platform that effectively consolidates the consumer digital POS, LOS, PPE and Business Intelligence functions. Easily accessible from any computer or mobile device - all via a single-source provider.

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, omni-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up.

The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ / or call (561) 655-6418.

About Radian

Radian is ensuring the American dream of homeownership responsibly and sustainably through products and services that include industry-leading mortgage insurance and a comprehensive suite of mortgage, risk, title, valuation, asset management and other real estate services. We are powered by technology, informed by data and driven to deliver new and better ways to transact and manage risk. Visit https://www.radian.com/ to learn more about how Radian is shaping the future of mortgage and real estate services.

Media Contacts:

For OpenClose:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

For Radian:
Rashi Iyer
215-231-1167
rashi.iyer@radian.com

OpenClose Social Media: @OpenClose_LOS #OpenClose #LoanOriginationSoftware

Radian Social Media: @radian_us #QuoteQualityQuoteRadian #OneRadianInfiniteSolutions

Related link: https://www.openclose.com/

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Books and Publishing, Business, Free News Articles, Insurance, Long Term Care

LTC NEWS Acquisition Anticipates Growth and Expansion

CHICAGO, Ill. -- Matt McCann, a nationally-known veteran of the long-term care (LTC) insurance industry, announces the formation of LTC NEWS, LLC after acquiring the online asset - ltcnews.com.

Previously owned by publisher Chip Ramsey, the acquisition includes all the websites and social media platforms operated by LTC NEWS and its corresponding editorial content.

Formed in July 2015, LTC NEWS is an online resource for long-term care planning, health and retirement issues to help consumers plan for and better understand the financial impacts of aging.

LTC NEWS, LLC plans to expand its editorial content and resources and to offer a full range of unique digital advertising and marketing opportunities to reach adults aged 40 and up. It will also provide creative resources to design advertising to help businesses effectively reach their target audience.

It will also offer sponsored-content opportunities to allow a company, health care provider, or insurance or financial professional to engage readers and drive traffic to their website while delivering on their marketing objectives.

"LTC NEWS will continue to offer news and informational resources to help American families plan for a successful future retirement," Matt McCann, who will work as interim president and CEO, says. "I look forward to working with the current staff and to adding new staff to help us grow in the years ahead."

Prior to acquiring LTC NEWS, McCann consulted for LTC NEWS, so he's intimately familiar with its operation and assets. The company will also design websites and social media platforms for home health agencies, adult day care centers, assisted living facilities, memory care facilities, nursing homes and other businesses related to providing long-term health care services.

LTC NEWS will provide similar services for insurance and financial professionals looking for quality websites and social media platforms to help them engage their clients.

"Many insurance and financial professionals want affordable state-of-the-art websites and social media platforms," McCann explains. "LTC NEWS will provide these resources so these professionals can have a compelling Internet and social media presence."

LTC NEWS will continue to publish articles at no charge from expert guest columnists and these authors will gain outstanding exposure, website backlinks and traffic to their websites. Specific guidelines will limit the amount of advertising content in those articles.

Sponsored-content articles will allow a targeted message to promote a product or service and drive traffic to a website while providing useful information on a specific topic.

"We're striving to provide an exceptional user experience and brand that users remember and trust. Answering consumers' questions accurately, clearly and quickly is essential to LTC NEWS," Daniel Pope, who will lead the website development and creative team, says. "We'll also analyze consumer behavior at scale in large datasets to help determine which topics, resources and advertisements are most relevant to consumers."

Pope says the goal is to present the website visitor with relevant opportunities to learn something new. The overall website experience will enhance user activity and increase the time spent on the website.

"The time invested between the user and the LTC NEWS brand will foster a culture of trust which benefits both consumers and advertisers. Our advertising partners can take advantage of targeting specific topics or resources within their niche that our consumers actively seek," Pope says.

The company is currently seeking an entrepreneurial sales manager to lead its nationwide sales effort. This individual should have a solid knowledge of Internet advertising and an understanding of the long-term health care industry.

Interested individuals can forward a resume and cover letter to Lori Urbanick at: lori.urbanick@ltcnews.com.

LTC NEWS will be operated independently from McCann's firm, McCann Insurance Services, Inc., and the company will be headquartered in offices located in Countryside, Illinois, and Columbus, Ohio.

For more information, visit: https://www.ltcnews.com/

IMAGE LINKS FOR MEDIA:
[1] https://www.Send2Press.com/300dpi/20-0612s2p-matt-mcann-300dpi.jpg
*Photo caption: Matt McCann of LTC NEWS, LLC.
[2] https://www.Send2Press.com/300dpi/20-0612s2p-ltc-news-logo-300dpi.jpg

MEDIA CONTACT:
Matt McCann
of LTC NEWS, LLC
+1-630-698-0916
matt.mccann@ltcnews.com

Related link: https://www.ltcnews.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance

Paragon Insurance Holdings Acquires Trident Public Risk Solutions from Argo Group

NEW YORK, N.Y. -- Paragon Insurance Holdings, LLC, headquartered in Avon, Connecticut, a national MGA, announced today that it has closed on the purchase of Trident Public Risk Solutions (TPRS). Acquired from Argo Group (Argo), the transaction positions Paragon as one of the largest providers of commercial insurance coverage for public entities in the U.S. As part of the transaction agreement, Trident's business will continue to benefit from Argo policy and claims services.

"I am excited to work with the Paragon team, growing this great business and delivering tremendous value to our public entity customers," said Timothy Carter, Executive Vice President.

"We are excited to have Trident as part of our portfolio of companies and to be growing our business with Argo Group. Their collective expertise in public entity insurance and risk management will create a great partnership as we continue to grow together," said Ron Ganiats, CEO and co-founder of Paragon.

The business will continue to report to Sue Coates, President of TPRS - Guaranteed Cost Division and John Atherton, President of TPRS - Retained Limits.

ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.

Argo Group International Holdings, Ltd. (NYSE: ARGO), is an underwriter of specialty insurance and reinsurance products in the property and casualty market. Argo Group offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses in two primary segments: U.S. Operations and International Operations. Argo Group's insurance subsidiaries are A.M. Best-rated "A-" (Excellent), and Argo Group's U.S. insurance subsidiaries are Standard and Poor's-rated "A-" (Strong). More information on Argo Group and its subsidiaries is available at https://www.argolimited.com/.

ABOUT PARAGON

Paragon Insurance Holdings, LLC, is headquartered in Avon, Connecticut, and operates as a national MGA. Formed in 2014, the company writes all commercial lines of insurance across more than twenty insurance programs. Paragon's industry-specific and general underwriting facilities offer insureds, retail agents, carriers, reinsurers and service providers unique product, service, capability, and results. Please visit https://www.paragoninsgroup.com/ for additional information.

*LOGO link for media: https://www.Send2Press.com/300dpi/18-0123s2p-paragon-ih-300dpi.jpg

Tickers: NYSE:ARGO / NY: ARGO

Related link: https://www.paragoninsgroup.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance, Reports and Studies

Vanbridge Releases Second Comprehensive Review of US Representations and Warranties Insurance Market

NEW YORK, N.Y. -- Vanbridge, an EPIC company, an insurance intermediary and program management firm, published its second edition of its U.S. Representations and Warranties Insurance (R&W) Market Review today. This edition evaluates and summarizes domestic R&W data for the years 2017, 2018 and 2019.

This report aims to provide, as accurately as possible, the state of the U.S. R&W market using data gathered directly from insurers. The scope of the report focuses on the submission and placement process in the market, analyzing the size of the marketplace, pricing and trends.

"Representations & Warranties insurance has become a staple in M&A transactions and a proliferating business for insurance markets. We continue to conduct our annual reviews of the overall marketplace to benefit carriers, clients and M&A practitioners alike," said Greylen Erlacher Mardy, Principal of Vanbridge.

"We've found that despite the current trends, carriers remain dedicated to offering meaningful coverage that facilitates transactions, while underwriting the insurance in a sustainable manner," continued Erlacher Mardy.

The report includes insight on several areas:
* Submission Volume and Deals Bound
* Primary & Excess Limits, Retentions and Pricing
* Claims and Future Underwriting Considerations
* Market Trends and Perceptions

About the Report

The vast majority of markets that wrote business in 2017, 2018 and 2019 including the largest players in the space, provided their data for the report. Based on estimates, this captured roughly 90% of all transaction data. As part of the data collection process, Vanbridge engaged an independent, non-insurance third party data management firm, Excel Rain Man, to receive and assist in sorting and analyzing each participating carrier's information on a confidential basis.

For a complete copy of Vanbridge's U.S. Representations and Warranties Insurance Market Review, click here (PDF): https://info.vanbridge.com/hubfs/Vanbridge/Vanbridge%20Reps%20and%20Warranties%20Market%20Review%20fnl4.22v2.pdf

About Vanbridge

Vanbridge is an insurance intermediary and program management firm. Vanbridge focuses on alternative asset management, corporate and individual high net worth clients, solving risk related issues utilizing insurance and alternative capital. Vanbridge is owned by EPIC Insurance Brokers & Consultants and is headquartered in New York, N.Y.

Learn more at: https://www.vanbridge.com/.

About EPIC Insurance Brokers & Consultants

EPIC is a unique and innovative retail property and casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 2,600 team members operating from 85 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs and Private Client solutions to EPIC clients.

With run rate revenues greater than $730 million, EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

For additional information, please visit https://www.epicbrokers.com/.

Related link: https://www.epicbrokers.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance, Product Launches

EPIC Insurance Brokers and Consultants Launches Restructuring Services Offering

NEW YORK, N.Y. -- EPIC Insurance Brokers & Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, announced today that the firm has launched a Restructuring Services operation under its Financial Services division to support the restructuring process for distressed situations with risk mitigation and risk transfer insurance capital solutions.

Led by Executive Vice President, Philip V. Moyles, Jr., head of Financial Services, the group will work with restructuring, legal, accounting and bankruptcy professionals as well as turnaround investors, to improve liquidity, preserve the business enterprise and develop and implement programs that address the issues adversely impacting financial performance.

EPIC's Restructuring Services risk mitigation advisory process begins by cultivating an in-depth understanding of the objectives and business imperatives for each restructuring situation. After a thorough holistic analysis, EPIC develops the strategy and solution set best suited to mitigate and/or transfer risks and protect enterprise value.

"It is a pivotal time in our economy, and we've kept our focus on how we can create value for our clients in this very difficult environment. We realized we can play a valuable role across the entire restructuring lifecycle," said Moyles. "Launching EPIC's Restructuring Services capabilities under the Financial Services division was a strategic decision. Our unique interdisciplinary team has the depth and breadth of experience to comprehensively assess and clearly identify the areas of risk and opportunities to drive business enterprise preservation," continued Moyles.

About EPIC Insurance Brokers & Consultants

EPIC is a unique and innovative retail property and casualty and employee benefits insurance brokerage and consulting firm. EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence.

EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC now has more than 2,600 team members operating from 85 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs and Private Client solutions to EPIC clients.

With run rate revenues greater than $730 million, EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country.

For additional information, please visit https://www.epicbrokers.com/.

Related link: https://www.epicbrokers.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance

SBA Publishes Guidance on Which CARES Act Provisions Require Immediate Action by Health and Retirement Plan Sponsors

ATLANTA, Ga. -- Independent, full-service employee benefits consulting firm Strategic Benefits Advisors (SBA) issued a statement today summarizing provisions of the Coronavirus Aid, Relief, and Economic Security (CARES) Act that require action on the part of health and retirement plan sponsors.

"The CARES Act calls upon plan sponsors to act swiftly in adopting measures that will ease the financial burden of COVID-19 on individuals," said SBA Founding Principal Mindy Zatto. "Plan sponsors should coordinate with their healthcare providers immediately so they may begin complying with the law's mandatory provisions. While most retirement plan provisions are optional, they are nonetheless time-sensitive and call for coordination with the plan sponsor's recordkeeper and actuary. Any necessary plan amendments won't be required until the end of the 2022 plan year."

Required Health Plan Provisions

Health plan sponsors must comply with the following provisions expanding access to healthcare for coronavirus disease 2019 (COVID-19) patients:
* Coverage of COVID-19 Testing
Plans must cover the cost of approved COVID-19 tests and their administration. Test providers should be reimbursed at a previously negotiated rate, if applicable. In the absence of a previously negotiated rate, plan sponsors may reimburse providers an amount equal to the publicly listed cash price of the service or negotiate a lesser reimbursement.

* Coverage of COVID-19 Preventive Services
Plans must also cover, without participant cost-sharing, qualified coronavirus preventive services and vaccines recommended by the United States Preventive Services Task Force or Advisory Committee on Immunization Practices of the Centers for Disease Control and Prevention.

Required Defined Contribution (DC) Plan Provisions

DC plan participants who are due a required minimum distribution for 2020 may elect to not take the distribution without incurring any penalties.

Optional Defined Contribution (DC) Plan Provisions

DC plan sponsors may choose to extend the following benefits to plan participants who self-certify that (a) they have been diagnosed with COVID-19; (b) their spouse or dependent has been diagnosed with COVID-19; or (c) they have experienced certain other adverse financial consequences of COVID-19 as specified by the Secretary of the Treasury:

* Coronavirus-Related Distribution
Plans may allow a maximum $100,000 "coronavirus-related distribution" that must be taken by December 31, 2020. Early withdrawal penalties do not apply, and distributions are not eligible for rollover. However, a recipient of a coronavirus-related distribution has the right to pay the distribution back within three years, in which case it will be treated as a rollover contribution. The taxable amount of a coronavirus-related distribution can be spread pro-rata over three tax years.

* Increased Loan Limits
Qualified plans may increase loan limits from $50,000 to $100,000 and from 50% of the vested balance to 100% of the vested balance for loans made between March 27 and September 23, 2020.

* Delayed Loan Repayment
Plans may delay due dates for one year for individuals with outstanding loans whose repayment would normally be due between March 27 and December 31, 2020, allowing an extension beyond the normal five-year cap.

Optional Defined Benefit (DB) Plan Provisions

* Option to Defer Single-Employer Plan Funding
Plan sponsors may delay payment of any minimum required contributions that would ordinarily have been due during calendar year 2020 to January 1, 2021. The amount of each delayed contribution must be increased to reflect the interest accrued between the original due date and the actual payment date.

* Benefit Restriction Relief
For purposes of applying benefit restrictions under Code Section 436, plan sponsors may elect to use the prior plan year's adjusted funding target attainment percentage as the adjusted funding target attainment percentage for plans years that include calendar year 2020. This may allow some plans to avoid triggering certain benefit restrictions in 2020 that would have otherwise applied.

The full text of the CARES Act can be found here. To speak with Strategic Benefits Advisors' experienced team of benefits consultants about the potential impact of this law on your plans, call 770-551-8989.

About Strategic Benefits Advisors

Strategic Benefits Advisors, Inc. (SBA) is an independent, full-service employee benefits consulting firm focused on creatively and effectively solving complex benefits issues for clients ranging from 500 to over 300,000 employees. Founded in 2002 by veteran consultants Mindy Zatto and Andy Adams, SBA provides practical consulting recommendations and expert implementation of solutions for all types of employee benefits programs, including retirement, health and welfare, financial wellness and employee recognition. With an average of over 25 years in the field, SBA's team of actuaries, consultants and systems specialists is among the most experienced in the industry. For more information, visit https://www.sba-inc.com/.

Related link: http://www.sba-inc.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Business, Free News Articles, Insurance

EPIC Adds Matthew Marmorek as National Practice Leader, Global (Non-U.S.) Employee Benefits

NEW YORK, N.Y. -- EPIC Insurance Brokers and Consultants, a retail property, casualty insurance brokerage and employee benefits consultant, announced today that Matthew Marmorek has joined the firm as National Practice Leader, Global (Non-U.S.) Employee Benefits.

Marmorek has worked in the international employee benefits industry for almost two decades. He specializes in developing innovative solutions to help multinational organizations meet their global employee benefit needs. He has extensive experience guiding clients through the implementation of financing vehicles such as multinational pooling, global underwriting, and captive arrangements, both on and off-shore including medical, non-medical and pension coverage.

Marmorek brings deep carrier relations and has worked with a network of international brokers to assist with ex-patriate, third country and local national population placements. His expertise will bring a new level of strength to the Employee Benefits team within EPIC.

At the start of his international benefits career, Marmorek grew and managed a large customer portfolio within the multinational benefits unit of a major U.S. based global insurer providing solutions in over 100 countries. Prior to joining EPIC, Marmorek was with Zurich Insurance Group. While there he assisted in the launch of their US based Expatriate Solutions Unit, oversaw new business development and acted as a liaison for key external partnerships. His experience provides him with a unique and specialized understanding of the global employee benefits landscape.

Marmorek earned a Bachelor of Science degree from University of Wisconsin-Madison. He is a licensed life and health underwriter.

Said Craig Hasday, President, National Employee Benefits Practice, "Early in my career, I worked with Matt on a global pooling arrangement for one of my first global clients and was very impressed with his knowledge and professionalism. Our organization needs world-class talent to provide our clients and consultants with the most innovative and cost-effective solutions in this unique space. Matt brings to EPIC the necessary skills, knowledge and commitment and I am pleased to welcome him to EPIC."

Matthew Marmorek can be reached at:
matthew.marmorek[at]epicbrokers.com
646.515.7600(m)

About EPIC Insurance Brokers & Consultants

EPIC Holdings, Inc. is the corporate parent overseeing investments across the entire EPIC platform. The firm's core retail insurance brokerage business, EPIC Insurance Brokers & Consultants, now has more than 2,600 team members operating from more than 80 offices across the U.S., providing Property and Casualty, Employee Benefits, Specialty Programs, and Private Client solutions to EPIC clients.

EPIC has created a values-based, client-focused culture that attracts and retains top talent, fosters employee satisfaction and loyalty and sustains a high level of customer service excellence. EPIC team members have consistently recognized their company as a "Best Place to Work" in multiple regions and as a "Best Place to Work in the Insurance Industry" nationally.

EPIC ranks among the top 15 retail insurance brokers in the U.S. Backed and sponsored by Oak Hill Capital Partners, the company continues to expand organically and through strategic acquisitions across the country. For additional information, please visit https://www.epicbrokers.com/.

*PHOTO link for media: https://www.Send2Press.com/300dpi/20-0317s2p-EPIC-Marmorek-300dpi.jpg

Related link: https://www.epicbrokers.com/

This news story was published by the Neotrope® News Network - all rights reserved.

Alliances and Partnerships, Business, Free News Articles, Insurance, Software

OpenClose Partners with Genworth Mortgage Insurance to Offer a Streamlined Mortgage Insurance Process from within its LenderAssist LOS

WEST PALM BEACH, Fla. -- OpenClose®, the industry-leading multi-channel loan origination system (LOS) and digital mortgage fintech provider, announced it has partnered with Genworth Mortgage Insurance, an operating segment of Genworth Financial (NYSE: GNW), establishing a direct integration to access mortgage insurance (MI) from the LenderAssist™ LOS platform.

The new integration works by leveraging OpenClose's RESTful API Suite, IntegrationAssist™, which makes interfacing with disparate systems easier to develop, quicker to implement and cost effective to maintain. Genworth is a full-service MI provider known for exceptional coverage, service and value. The Fortune 500 company has provided secure mortgage products for nearly 40 years. Its offerings are available in all 50 states and the District of Columbia.

"Providing real-time access to mortgage insurance pricing and certification workflow from within OpenClose helps our customers further automate their lending workflow and reduce costs. Our integration partnership with Genworth allows our mutual customers to immediately tap into their quality MI products," said Vince Furey, chief revenue officer (CRO) at OpenClose. "We are the industry leader in customer service and ease-of-use and this integration highlights that reality."

OpenClose customers can expect a seamless user experience within the LenderAssist™ LOS that optimizes the mortgage insurance pricing and certification process, eliminates data re-entry and returns MI commitment data and documents to the LenderAssist™ LOS.

"We're excited to partner with OpenClose, one of the leading LOS vendors in the industry," said Kevin McMahon, senior vice president of Customer Solutions at Genworth Mortgage Insurance. "Making it easier and more efficient to order MI from start to finish makes the overall lending process smoother for homebuyers."

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose® is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist™, is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About Genworth Mortgage Insurance:

Genworth Mortgage Insurance, an operating segment of Genworth Financial, Inc. (NYSE: GNW), is headquartered in Raleigh, North Carolina, and operates in all 50 states and the District of Columbia. Genworth Mortgage Insurance works with lenders and other partners to help people responsibly achieve and maintain the dream of homeownership by ensuring the broad availability of affordable low down payment mortgage loans. Genworth has been providing mortgage insurance products and services in the U.S. since 1981. Visit the company's website at new.mortgageinsurance.genworth.com.

MEDIA CONTACTS:
For OpenClose:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

For Genworth Mortgage Insurance:
Brittany Harris-Flowers
Genworth Mortgage Insurance
919-846-4417
brittany.harris-flowers@genworth.com

OpenClose Social Media: @OpenClose_LOS #OpenClose #LoanOriginationSoftware

Genworth Social Media: @GenworthMI #GenworthMI #MortgageInsurance

Related link: https://www.openclose.com/

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