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Risk Strategies Acquires Insurance Subsidiaries of Gowrie Holdings, Inc.

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BOSTON, Dec. 10, 2019 — Risk Strategies, a privately held, rapidly growing national insurance brokerage and risk management firm, today announced that it has acquired the two subsidiaries of Gowrie Holdings, Inc. (GHI). The acquisitions include both Gowrie Group (Gowrie), a full-service national specialty retail insurance brokerage with an established leadership reputation for niche insurance programs, as well as Maritime Program Group (MPG), a marine-focused managing general agent (MGA). Together, Gowrie and MPG are the largest recreational marine insurance specialists in the U.S. Terms of the deal were not disclosed.

Founded by Carter Gowrie in 1974, Gowrie today has over 80 employees and five offices in the Northeast. The MPG division has over 60 employees deployed across six offices in the Eastern U.S. As a combined entity, GHI is ranked in the Insurance Journal’s Top-100 of U.S. brokers and has accelerated its growth by executing nine acquisitions in the past 10 years, bolstering both its retail and wholesale divisions.

“We’re excited to bring Carter and his people on board as we further differentiate Risk Strategies from generalist firms,” said John Mina, Risk Strategies’ Chief Executive Officer. “Their scale in specialization, both in its retail and wholesale businesses, will add significantly to our current businesses and provide a great base for growth.”

In 2016, Risk Strategies acquired Ft. Lauderdale-based marine insurance specialist, Atlass Insurance, and its wholesale group, Atlass Special Risk. As with that acquisition, the purchase of Gowrie Group will add significantly to the capabilities of Risk Strategies’ national private client practice, while MPG will bring notable scale and specialty capabilities as the firm builds up the offerings of its wholesale and program underwriting operations, One80 Intermediaries.

“Finding a way to perpetuate and grow our specialized business has always been our focus,” said Carter Gowrie, GHI Chairman and CEO. “Risk Strategies, with its specialty-focus, national presence and diverse offerings, is a perfect match for both our retail and wholesale companies. We look forward to realizing our many synergies.”

Gowrie Group’s retail insurance brokerage offers the most comprehensive, customized protections available, including several exclusive product and program offerings, for marine risks and sailing organizations. This specialized approach is carried over to other offerings for equine risks, non-profits, and public safety organizations. Gowrie also offers customized placements for high net worth families and individuals and is ranked among the Insurance Journal’s Top-50 personal lines brokers in the U.S. The company’s deep niche expertise, exceptional client service, and teamwork-based approach to addressing complex risks have resulted in extraordinary client retention and steady market share growth.

Gowrie Group also has a specialty employee benefits practice, within which it often supports the particular needs of its marine-focused and private client practices. One unique offering of the practice is a Crew Medical Program which provides tailored health insurance benefits to mariners.

Maritime Program Group offers a complete suite of recreational, inland, and commercial ocean marine solutions, as well as private client personal lines to a network of more than 2,000 brokers across the United States. MPG has a full complement of in-house underwriting programs with the highest-rated domestic carriers, as well as through Lloyds of London as an appointed coverholder. MPG’s deep specialty expertise is reflected in its distinction as the only program underwriter in the marine market holding underwriting authority with the same two carriers for more than 28 years consecutively. 

To learn more about Risk Strategies, please visit www.riskstrategies.com.

About Risk Strategies Risk Strategies is a privately held, national firm with offices across the country. As a leading U.S. insurance broker, the company offers sophisticated risk management advice as well as insurance and reinsurance placement for property & casualty, healthcare and employee benefits risks. Risk Strategies serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets. Ranked among the top 20 brokers in the country, Risk Strategies has offices in more than 70 locations nationwide including Boston, New York City, Chicago, Minneapolis, Miami, Atlanta, Houston, Dallas, Nashville, Los Angeles and San Francisco.

Media Contact Sarah Sturba [email protected] (401) 432-6503

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Planful Expands Continuous Planning Offering, Announces New Workforce Planning Capabilities for HR Leaders

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Workforce Planning with Planful Addresses the Increasing Importance of Modern Workforce Planning Solutions 

REDWOOD CITY, California, Oct. 27, 2020 /PRNewswire/ — Planful Inc., (formerly Host Analytics), the pioneer of Continuous Planning with its cloud platform for financial planning and analysis (FP&A), today announced the company is enhancing its Workforce Planning solution. These upgraded platform capabilities continue the extension of Continuous Planning beyond the finance department and into every corner of the business, bringing a deeper business advantage to HR leaders.

Workforce planning has never been more critical. With Planful’s comprehensive workforce planning capabilities, including the latest enhancements, HR leaders can improve their collaboration with finance to more effectively plan and execute strategies with a Continuous Planning approach by:

  • Creating headcount plans that align with business needs
  • Standardizing employee compensation calculations using data from finance, HR, and operations in a central platform
  • Analyzing the financial impact of workforce decisions
  • Forecasting workforce what-if scenarios based on cost drivers

As part of Planful’s continued commitment to providing customers with this critical capability, recent product releases, including Winter20 and Summer20, provided a platform-wide user interface upgrade, as well as a new and improved roster view, making it easy for users to manage employees across multiple departments simultaneously. The upcoming Fall20 release, scheduled for November, will unveil additional new features, further simplifying workforce management for customers in an elegant, visual interface.

"Companies are focused on workforce planning more than ever, but many HR leaders are realizing that they’re operating with a critical gap in their technology stack," said Grant Halloran, CEO of Planful. "Our robust workforce planning solution fills that gap, providing leaders the ability to engage in more efficient planning and decision-making, with a deepened collaboration between Finance and HR teams."

More than 600 Planful customers are leveraging Planful’s Workforce Planning solution, including PS Logistics LT Apparel Group, Pipedrive, and Nevada Donor Network. Customers are benefiting from up to a 75% reduction in the length of planning cycles. In moving to a cloud-based platform with Workforce Planning capabilities—rather than operating in a myriad of disconnected, siloed point solutions—organizations can capitalize on more accurate plans and forecasts. Businesses seeking to achieve fast time-to-value in addressing critical workforce planning needs can be up and running on the Planful cloud platform in less than 30 days.

"The need for continuous, collaborative planning for leaders in all corners of the business has never been more important than it is now," said Doug Henschen, VP and Principal Analyst at Constellation Research. "Cloud-based planning platforms make it easier than ever for both finance and HR teams to use data to make better, faster decisions."

See Planful’s new Workforce Planning capabilities in action at the upcoming HR Technology conference (October 27-30), or contact Planful for a demo today. 

Additional Resources

Hear from Planful customers
Discover Continuous Planning use cases
Join the conversation on social media: LinkedIn, Twitter, or Facebook.

About Planful

Planful (formerly Host Analytics) is the pioneer of Continuous Planning with its cloud platform for financial planning and analysis (FP&A). Planful delivers on the vision of Continuous Planning by accelerating the end-to-end FP&A process and fostering business-wide participation in agile planning and decision-making. More than 800 customers, including Boston Red Sox, Del Monte, TGI Friday’s, and 23andMe rely on Planful for financial planning and budgeting, dynamic operational planning, financial consolidations, reporting, and visual analytics. Planful is a private company backed by Vector Capital, a leading global private equity firm specializing in transformational investments in established technology businesses. Learn more at www.planful.com.

 

Contact
[email protected]

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911inform Lauded by Frost & Sullivan for Expanding Public Safety Capabilities with Its Transformational Platform

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The solution integrates information from previously disparate systems into a single, functional platform that manages emergency events intelligently

SANTA CLARA, Calif., Oct. 27, 2020 /PRNewswire/ — Based on its recent analysis of the North American enterprise safety solutions market, Frost & Sullivan recognizes 911inform with the 2020 North America New Product Innovation Award. 911inform’s innovative technology streamlines information flows and augments incidence intelligence during critical events. It aggregates data across siloed systems into a single platform to bridge the information gap in emergency situations between key building personnel, first responders, and public-safety answering points (PSAPs).

911inform
911inform

"In the era of mobility, big data, and the Internet of Things, the public safety sector is only beginning to tap into the true opportunity and benefits of situational awareness," said Brent Iadarola, Vice President at Frost & Sullivan Industry Analyst. "The 911inform solution enables a unique level of real-time incidence intelligence, collating relevant data flows from nearly any IP based system into a central platform to dramatically enhance safety efforts on commercial properties, corporate campuses, and educational institutions."

During an emergency incident within a property, the 911inform solution creates a digital space for a streamlined real-time communication and collaboration. Leveraging location technology from mobile devices, the 911inform solution can designate a pre-configured area known as a ‘geofence’ to alert predefined parties with detailed incident intelligence in the event of an emergency. Moreover, the solution can provide emergency responders with highly accurate and up-to-date  building floor plans to enhance response efforts (i.e. which door to approach, where potential hazards may reside, etc). Significantly, first responders do not have to download any new applications or software on their devices; they merely have to open a unique one-time access link to launch the event interface. Through the implementation process, 911inform works closely with customers to determine how to share data with public safety answering points (PSAPs), private security, and/or relevant facilities personnel.

"911inform has developed a device-agnostic platform with the capacity to integrate with nearly all types of connected building controls, video surveillance, security equipment, and premise based phone systems that customers may already have in place," noted Iadarola. "Deploying the solution requires no new equipment purchases as the overlay occurs at the software layer to seamlessly integrate with existing systems."

Each year, Frost & Sullivan presents this award to the company that develops an innovative element in a product by leveraging leading-edge technologies. The award recognizes the value-added features/benefits of the product and the positive ownership experience it provides customers.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan

For over five decades, Frost & Sullivan has become world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Lindsey Whitaker
P: +1 (210) 477-8457
E: [email protected]

About 911inform

911inform is the only notification and security management platform that bridges the gap between first responders and your organization. 911inform provides full situational awareness and communication across multiple platforms. Enhance your safety soltuions for today’s ever-changing technology for NG911. Make every second count when it matters most. See it in motion: Register for a Live Demo.

Contact:

Samantha Weyant
Director of Marketing
P: +1 (833) 333-1911
E: [email protected]

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National Depression Education and Awareness Month Shines Spotlight on Those Living With Hearing Loss

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October is National Depression Education and Awareness Month: a topic that for many has never been more relevant.

With social distancing and limited group interactions now commonplace against the backdrop of the ongoing COVID-19 pandemic, increased feelings of isolation and loneliness have become more prevalent, especially for the senior population.

According to the Centers For Disease Control And Prevention, symptoms of anxiety disorder and depressive disorder increased considerably in the United States during April“June of 2020. In fact, surveys showed almost 41% of respondents reported at least one adverse mental or behavioral health condition related to the pandemic.

While this is a harsh reality for many, it is one that is amplified for those living with hearing loss, one of the most prevalent chronic conditions in the United States, according to the American Academy of Audiology, and one that is, unfortunately, all too commonly left untreated.

Roughly three out of five older Americans with hearing loss and six out of seven middle-aged Americans with hearing loss do not use hearing aids. Even more concerning, a survey by the National Council On The Aging found that those with untreated hearing loss were more likely to report depression, anxiety and paranoia and were less likely to participate in organized social activities, compared to those who wear hearing aids.

The danger of falling into depression has always been there for those who experience hearing loss and let it go untreated, said Dr. Thomas Tedeschi, Chief Audiology Officer at Minneapolis-based Miracle-Ear. In fact, untreated hearing loss has been linked to many serious conditions, including depression, dementia, Alzheimers and diabetes. But there are ways to prevent this from happening, and the first step toward potential treatment is getting your hearing checked.

As essential services, many hearing aid centers remain open during the pandemic and are taking appointments. For instance, Miracle-Ear is offering free hearing evaluations at all its more than 1,500 locally owned and operated stores and recently partnered with internationally renowned experts to implement rigorous protocols and safety standards in their stores. If you or someone you love would benefit from a free hearing examination, make an appointment today by calling 844-740-9961 or conveniently booking online at www.miracle-ear.com.

You can also visit the National Institute Of Mental Health or the CDC for additional information and resources regarding mental health.

About Amplifon¯

Amplifon, global leader in the hearing care retail market, empowers people to rediscover all the emotions of sound. Amplifons around 17,000 people worldwide strive every day to understand the unique needs of every customer, delivering exclusive, innovative and highly personalized products and services, to ensure everyone the very best solution and an outstanding experience. Amplifon operates through a network of around 11,000 points of sale in 28 countries and 5 continents. More information about the company is available at www.amplifon.com/corporate.

About Miracle-Ear

Miracle-Ear, a division of Amplifon Group, has been a trusted resource in hearing solutions for over 70 years. Headquartered in Minneapolis, MN, Miracle-Ear specializes in customizable hearing solutions that feature discreet, comfortable products designed to meet each individual’s hearing loss needs. Free hearing evaluations are available at more than 1,500 franchised locations across the U.S. For more information, visit www.miracle-ear.com.

Communication Contacts

Chad Eldred

+1 (320) 333-4749

[email protected]

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