U.S. Newswire

Intact Financial Corporation and RSA to acquire Direct Line Insurance Group plc’s brokered Commercial Lines operations

Retrieved on: 
Wednesday, September 6, 2023
Slate, Insurance, BMO Capital Markets, LLP, Toronto Stock Exchange, Direct Line, SEC Rule 144A, Intact Financial, SME, BVPS, Economics, Sale, GWP, Pet, RSA, U.S. Newswire, Acquisition, Skadden, Arps, Slate, Meagher & Flom, Offering, Earnout, NIG, Court, TSX, Commercial, ROE, IRR, DPW, Video game, Bank, Management, Security (finance), Reinsurance, Financial services, Online shopping, Specialty, Intact

TORONTO, Sept. 06, 2023 (GLOBE NEWSWIRE) -- Intact Financial Corporation (TSX: IFC) (Intact, IFC or the Company) and its subsidiary RSA today announced that they have reached an agreement with Direct Line Insurance Group plc (Direct Line) to acquire Direct Line’s brokered Commercial Lines operations. The purchase price includes an initial cash consideration of £520 million (C$884 million), with potential for up to a further £30 million (C$51 million) contingent payment under earnout provisions relating to the financial performance of the acquired business lines. The transaction will result in the transfer of renewal rights, brands, employees, and systems to RSA.

Key Points: 
  • Direct Line’s brokered Commercial Lines generated written premiums4 of £530 million in 2022, and delivered an average combined ratio56 of approximately 96% across 2021 and 2022.
  • The transaction has been unanimously approved by the Boards of Directors of both Intact and Direct Line, and is subject to approval by Direct Line’s shareholders (Direct Line Shareholder Approval).
  • “This acquisition significantly strengthens our UK&I business, and is strongly aligned with our strategic and financial objectives,” said Charles Brindamour, Chief Executive Officer, Intact Financial Corporation.
  • Acquisition of well-established and leading brands, including NIG and FarmWeb, given Direct Line’s 125-year history in the UK commercial insurance market.

National Press Club Executive Director Bill McCarren to Retire

Retrieved on: 
Friday, March 10, 2023
2020 Club Deportivo Universidad Católica season, The Washington Post, McCarren, Multimedia, National Press Club (United States), Marvin Kalb, News, Lightbox, Journalism, Brown University, Politics, Associated, PR Newswire, Freedom, 2021 Club Atlético Boca Juniors season, BA, Associated Press, Historically black colleges and universities, Human, Vanderbilt University, Defense News, Travel, Retirement, Bill, COVID-19, Press club, Management, Publishing, Nightclub, U.S. Newswire, Club, University

WASHINGTON, March 10, 2023 /PRNewswire/ -- The National Press Club today announced that Executive Director Bill McCarren is stepping down after more than 15 years of service.

Key Points: 
  • WASHINGTON, March 10, 2023 /PRNewswire/ -- The National Press Club today announced that Executive Director Bill McCarren is stepping down after more than 15 years of service.
  • As executive director, McCarren helped lead the Club's central mission of press freedom.
  • The Club bounced back later in 2022 with record profits:
    "The National Press Club is financially healthy because of Bill McCarren's business acumen.
  • Bill is and has been the hero of press freedom for the National Press Club.

Industry pros Taylor and Doull Join Lumentus and Lightbox Search to Boost Reputation Management Services and Platform

Retrieved on: 
Wednesday, November 16, 2022
Lightbox, Veteran, Advertising, Growth, Database, PR Newswire, Government, Doull, Social media, SEO, Organization, Syracuse University, National Press Club (United States), Time, Marketing, Press club, WBSB-FM, Association, Multimedia, Towson University, CEO, VP, Public relations, Media relations, Medialink, Solution, Online shopping, Google, U.S. Newswire

Both will promote and manage client success for Lumentus and Lightbox Search, the agency's proprietary application that analyzes Google search results.

Key Points: 
  • Both will promote and manage client success for Lumentus and Lightbox Search, the agency's proprietary application that analyzes Google search results.
  • "Lumentus, powered by Lightbox Search , is now a premier reputation management powerhouse," said Laurence Moskowitz, CEO.
  • "The Lightbox Search technology that underpins Lumentus services, is now available as a stand-alone offering.
  • "They both bring a unique skillset and will no doubt be effective Lumentus and Lightbox Search ambassadors, educating clients how to effectively use our revolutionary application, as well as other Lumentus services."

Newswire's Media Advantage Platform Powers Chief Marketing Officers' Return on Media and Marketing Communications Spend

Retrieved on: 
Wednesday, September 28, 2022
Chief executive officer, Customer satisfaction, Technology, Marketing, Awareness, SEO, Ease, Use, U.S. Newswire, CMOS, Public relations, News agency, Media

Opportunities like these have enabled Chief Marketing Officers and CEOs seeking higher returns on media spend to share their ideas through thought leadership pieces and ancillary paid media opportunities.

Key Points: 
  • Opportunities like these have enabled Chief Marketing Officers and CEOs seeking higher returns on media spend to share their ideas through thought leadership pieces and ancillary paid media opportunities.
  • Subsequent media outreach and media pitching, included as part of Newswire's Media Advantage platform, leverage press release campaigns to create earned media opportunities.
  • The Media Advantage Platform is available to Chief Marketing Officers like myself who are looking for new ways to engage audiences and aid them in generating more returns on their investment," said Charlie Terenzio, Chief Marketing Officer at Newswire.
  • Newswire is a media technology company that provides its clients the Media Advantage Platform, consisting of press release distribution, media databases, media monitoring, and newsrooms that power the Media Advantage: greater brand awareness through earned media, increased online visibility through greater SEO recognition, and more sales inquiries through targeted digital marketing campaigns.

Newswire Earns High Marks in G2's Quarterly Reports for Fall 2022

Retrieved on: 
Tuesday, September 27, 2022
Salesforce, Software, Customer satisfaction, Twitter, HubSpot, LinkedIn, SEO, Industry, Adobe, U.S. Newswire, Technology, Ease, Use, Zoom, GLOBE, Marketing, Awareness, Software as a service, Public relations, Online shopping, News agency, Media, G2

SARASOTA, Fla., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Newswire, a media technology company and industry leader in press release distribution, announced that it earned several distinctions in G2's quarterly Fall 2022 Reports, earning top spots in 45 categories and recognition as the best solution in 15 categories.

Key Points: 
  • SARASOTA, Fla., Sept. 27, 2022 (GLOBE NEWSWIRE) -- Newswire, a media technology company and industry leader in press release distribution, announced that it earned several distinctions in G2's quarterly Fall 2022 Reports, earning top spots in 45 categories and recognition as the best solution in 15 categories.
  • G2 bases recognition on the responses of real users from related questions featured in the G2 review form.
  • Newswire received 10 or more reviews and five responses for each of the usability-related questions to qualify for inclusion in the various indices.
  • Newswire was recognized as the best solution (rank 1) in the following G2 Fall 2022 Reports:
    "Rankings on G2 reports are based on data provided to us by real software buyers," said Sara Rossio, Chief Product Officer at G2.

How Newswire's Media Advantage Platform Transforms Press Release Distribution into Real Results for CEOs

Retrieved on: 
Monday, September 19, 2022
Intellectual, Customer satisfaction, Food and Drug Administration, MAP, Trust, FDA, Food, SEO, News, Industry, U.S. Newswire, Language, Phrase, Chief executive officer, Technology, Abbreviation, Medtech, Solution, Media, Leadership, GLOBE, Marketing, Awareness, Public relations, Tutoring, News agency

For CEOs, leveraging media outreach can generate an impressive return on investment even in challenging times for businesses.

Key Points: 
  • For CEOs, leveraging media outreach can generate an impressive return on investment even in challenging times for businesses.
  • Newswire, an industry leader in media technology and press release distribution, shares how consistency is a key component to customer success.
  • ZetrOZ utilizes press release distribution to create marketing opportunities for itself in the form of announcements, promotions, and weighing in on industry trends.
  • Newswire is a technology company that delivers press release distribution and press release campaigns by leveraging earned media outreach, SEO traffic and email marketing through campaign automation to help businesses land impactful media coverage, drive website traffic, generate leads and grow brand awareness.

SLAM Closes Private Placement

Retrieved on: 
Tuesday, July 20, 2021
U.S. Newswire, Miramichi, New Brunswick

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Key Points: 
  • Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
    MIRAMICHI, New Brunswick, July 19, 2021 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSXV: SXL) (the Company) announces that it has closed the previously announced private placement and it has issued 3,299,731 flow-through units (the FT Units) at a price of $0.09 per FT Unit for gross proceeds of $296,975.79 (the Private Placement).
  • SLAM is a project-generating resource company focused on is its flagship Menneval Gold project where the 2021 trenching program is underway.
  • SLAM owns the Reserve Creek, Opikeigen and Miminiska gold projects in Ontario and the Mount Uniacke gold project in Nova Scotia.
  • Certain information in this press release may constitute forward-looking information, including statements that address the Private Placement, the closing of the Private Placement, future production, reserve potential, exploration and development activities and events or developments that the Company expects.

Red Metal Resources Announces Adoption of Stock Option Plan

Retrieved on: 
Thursday, July 15, 2021
Communication, Press release, Source, News, Articles, Behavior, U.S. Newswire, Human activities

This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.

Key Points: 
  • This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company.
  • For further information, please visit our website at: www.redmetalresources.com , or contact [email protected] .
  • NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/90349 .

SLAM Announces Private Placement

Retrieved on: 
Tuesday, July 13, 2021
Investment, Miramichi, New Brunswick, U.S. Newswire, Placement, Private placement, News, Articles

Not for Distribution to U.S. Newswire Services or for Dissemination in the United States

Key Points: 
  • Not for Distribution to U.S. Newswire Services or for Dissemination in the United States
    MIRAMICHI, New Brunswick, July 13, 2021 (GLOBE NEWSWIRE) -- SLAM Exploration Ltd. (TSXV: SXL) (the Company) announces a private placement of 3,199,731 flow-through units (the FT Units) at a price of $0.09 per FT Unit for gross proceeds of $287,975.79 (the Private Placement).
  • Three insiders of the Company will be participating in the Private Placement and will subscribe for an aggregate of 1,611,110 FT Units.
  • The Private Placement remains subject to the approval of the TSXV.
  • Certain information in this press release may constitute forward-looking information, including statements that address the Private Placement, the closing of the Private Placement, future production, reserve potential, exploration and development activities and events or developments that the Company expects.

Icanic Brands Closes Acquisition of De Krown Enterprises LLC

Retrieved on: 
Friday, July 2, 2021
Cannabis, Cannabis smoking, Entheogens, Euphoriants, U.S. Newswire, Psychoactive drugs, Medical specialties, Drugs

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    VANCOUVER, British Columbia, July 02, 2021 (GLOBE NEWSWIRE) -- Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF) (Icanic Brands or the Company), a multi-state brand operator in California and Nevada, is pleased to announce that it has closed the previously announced acquisition of De Krown Enterprises LLC (De Krown), a California-based leading cannabis manufacturing partner and brand owner.
  • Brandon Kou, CEO of Icanic Brands commented, We are very excited to officially welcome De Krown into the Icanicfamily.
  • Icanic Brands Company, Inc. is a leading cannabis branded products manufacturer based in California & Nevada, the largest and most competitive cannabis markets in the world.
  • Ganja Gold, Inc., a wholly-owned subsidiary of Icanic Brands Company, Inc. (CSE: ICAN, OTCQB: ICNAF), is the premier brand of infused pre-rolls in the state.