P&I

Concirrus Partners with Insurity to Develop and Deliver Predictive Data Models for Enhanced Cargo Risk Management and Pricing Insights

Retrieved on: 
Thursday, July 27, 2023
Technology, Insurance, Security, Fintech, Transport, Professional Services, Software, Logistics, Supply Chain Management, Data Management, P&I, Knowledge, MGA, AI, Partnership, Environment, Machine learning, Risk, Risk management, Tower Insurance

Based in London, Concirrus is the market leader in helping commercial insurers accelerate digital strategies using AI.

Key Points: 
  • Based in London, Concirrus is the market leader in helping commercial insurers accelerate digital strategies using AI.
  • By leveraging Insurity's customer claim and shipment data, Concirrus will develop predictive models that adapt to the world's supply chain dynamics.
  • Insurity will provide an out-of-the-box connection to Concirrus applications, ensuring insurers can access and utilize these data-driven insights for informed decision-making.
  • "Harnessing the power of this data and extracting valuable insights has become pivotal for our marine cargo customers.

Sunnova Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023
Alternative Energy, Energy, Other Energy, Utilities, NOVA, Interest, Bank statement, Ball State Center for Energy Research/Education/Service, GAAP, Cloud computing, Sale, P&I, Net, EBITDA, Investment, Professional, Growth, Principal, Adjustment, Environment, NYSE, Cryptocurrency, Life insurance, Retail, Reinsurance, Bookkeeping, Sunnova

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the second quarter ended June 30, 2023.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the second quarter ended June 30, 2023.
  • "We are rapidly achieving scale as evidenced by another record number of customers placed into service in the second quarter.
  • As of June 30, 2023, Sunnova had total cash of $405.9 million, including restricted and unrestricted cash.
  • Sunnova is hosting a conference call for analysts and investors to discuss its second quarter 2023 results at 8:00 a.m. Eastern Time, on July 27, 2023.

Black Knight: Housing Market Reignites as Home Prices Hit New Record High in May; Inventory, Affordability Continue to Plague Potential Buyers

Retrieved on: 
Monday, July 10, 2023
Fed, Data Analytics Library, Housing, SFR, Overalls, BKI, HPA, Sale, P&I, Federal Reserve Bank of New York, Federal Reserve, Black Knight, Data, HPI, Environment, News, NYSE, Lothian and Borders Fire and Rescue Service, Cassette tape, Video game

"There is no doubt that the housing market has reignited from a home price perspective," said Walden.

Key Points: 
  • "There is no doubt that the housing market has reignited from a home price perspective," said Walden.
  • "Firming prices have now fully erased the pullback we tracked through the last half of 2022 and lifted the seasonally adjusted Black Knight HPI to a new record high in May.
  • The reheating is widespread, with more than half of the 50 largest U.S. markets seeing prices at or above 2022 peaks.
  • As it stands, housing affordability remains dangerously close to the 37-year lows reached late last year, despite the Federal Reserve's attempts to cool the market.

The Mather Group Acquires Cincinnati Firm, Clear Perspectives Financial Planning

Retrieved on: 
Tuesday, May 23, 2023
Professional Services, Finance, Consulting, Asset Management, Personal Finance, Accounting, Crain Communications, Partnership, TMG, Procter & Gamble, Investment Advisers Act of 1940, Friends, RIA, AUA, OH, Risk assessment, Pension, Procter, P&I, AUM, Acquisition, Collection, Risk, Love, Pickands Mather Group, Growth, Financial management, Financial adviser, Online shopping

The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.7 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 4/30/23, has announced its acquisition of Clear Perspectives Financial Planning, LLC (Clear Perspectives), a registered investment adviser (RIA) firm based in Cincinnati, OH.

Key Points: 
  • The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.7 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 4/30/23, has announced its acquisition of Clear Perspectives Financial Planning, LLC (Clear Perspectives), a registered investment adviser (RIA) firm based in Cincinnati, OH.
  • In 2008, Clear Perspectives was co-founded by Carol Hoffman and Tim Grout, who had each spent many years in senior financial management roles at Procter & Gamble Company.
  • Clear Perspectives had approximately $360 million in AUM as of 4/30/23.
  • The firm offers a comprehensive range of in-house services, including financial planning, tax advice and preparation, portfolio management, concentrated stock management, risk assessment, and estate planning guidance.

Kelly Reports First-Quarter 2023 Earnings

Retrieved on: 
Thursday, May 11, 2023
Eye, SET, Sale, P&I, EBITDA, Environment, Cryptocurrency, Health care, Persol Holdings, TROY

Kelly reported operating earnings in the first quarter of 2023 of $10.7 million, compared to earnings of $23.4 million reported in the first quarter of 2022.

Key Points: 
  • Kelly reported operating earnings in the first quarter of 2023 of $10.7 million, compared to earnings of $23.4 million reported in the first quarter of 2022.
  • Earnings in the first quarter of 2022 included a $0.9 million gain on sale of assets and adjusted earnings were $22.5 million.
  • Included in the earnings per share in the first quarter of 2023 is an $0.11 per share restructuring charge, net of tax.
  • The dividend is payable on June 6, 2023, to shareholders of record as of the close of business on May 22, 2023.

Sunnova Reports First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, April 26, 2023
Alternative Energy, Energy, Other Energy, Utilities, NOVA, Interest, U.S. Department of Defense Strategy for Operating in Cyberspace, Bank statement, Ball State Center for Energy Research/Education/Service, GAAP, Cloud computing, Sale, P&I, EBITDA, Investment, Professional, Growth, Principal, Adjustment, NYSE, Software, Cryptocurrency, Life insurance, Bookkeeping, Sunnova

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the first quarter ended March 31, 2023.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the first quarter ended March 31, 2023.
  • This outstanding growth has Sunnova well positioned to meet or exceed our 2023 guidance targets," said William J.
  • As of March 31, 2023, Sunnova had total cash of $421 million, including restricted and unrestricted cash.
  • Sunnova is hosting a conference call for analysts and investors to discuss its first quarter 2023 results at 8:00 a.m. Eastern Time, on April 27, 2023.

The Mather Group Hires Stuart Evans as Chief Compliance Officer

Retrieved on: 
Tuesday, April 11, 2023
Professional Services, Finance, Consulting, Asset Management, Personal Finance, Accounting, Crain Communications, TMG, Investment Advisers Act of 1940, Culture, AUA, Risk assessment, Pension, Ranking, CCO, P&I, AUM, Collection, Risk, Pickands Mather Group, Knowledge, Growth, Evans, Financial adviser, Online shopping

The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.6 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 3/31/23, has announced its hiring of Stuart Evans as Chief Compliance Officer (CCO).

Key Points: 
  • The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.6 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 3/31/23, has announced its hiring of Stuart Evans as Chief Compliance Officer (CCO).
  • Evans brings nearly 30 years of industry experience in compliance, operations, and mergers and acquisitions, as well as the credential of being an Investment Advisor Certified Compliance Professional (IACCP®).
  • He had been with Cerity since January 2020, when it acquired Executive Monetary Management and Sage Advisors, for whom Evans had served as CCO since 2016.
  • As CCO at TMG, Evans will manage and coordinate all activities related to compliance with the firm’s regulatory requirements as a federally registered investment adviser.

The Mather Group Establishes TMG Innovation Lab

Retrieved on: 
Tuesday, March 14, 2023
Finance, Banking, Professional Services, Other Professional Services, Asset Management, Pension, TMG, Pickands Mather Group, Risk, AUM, Investment Advisers Act of 1940, Crain Communications, P&I, Risk assessment, Growth, Collection, AUA, Financial adviser, Online shopping

The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.0 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 12/31/22, has announced its creation of TMG Innovation Lab.

Key Points: 
  • The Mather Group, LLC (TMG), a wealth management firm with 15 offices across the country and more than $11.0 billion in combined assets under management (AUM) and assets under advisement (AUA) as of 12/31/22, has announced its creation of TMG Innovation Lab.
  • Described by the firm as a “think tank,” TMG Innovation Lab is a key initiative focused on advancing the company’s vision to be the leading national boutique for wealth management.
  • “We’re excited about the launch of TMG Innovation Lab led by Michael,” said TMG CEO Chris Behrens.
  • His institutional knowledge, along with his passion for helping TMG be on the leading edge of industry, will be invaluable to this effort.”
    For Ryabik, the establishment of TMG Innovation Lab represents a significant milestone for the company.

AXA XL announces Inland Marine and Liabilities promotions in the Americas

Retrieved on: 
Thursday, March 9, 2023
XL, Rail transport by country, Great Lakes region, Great Lakes, Axa XL, Excess, America's Marine Highway, CNA, AXA, Lead, P&I, Insurance, Inland marine insurance

NEW YORK, NY , March 9, 2023 /PRNewswire/ -- AXA XL's Americas Marine insurance business has promoted four on its Americas Marine insurance team including Brett Musser to Head of Marine Liabilities for the Americas; Ken Mueller to Head of Inland Marine , Shawn Langenegger to Inland Marine Central Zone  Leader and Allison Jolls to Product Lead - Marine Liabilities.

Key Points: 
  • NEW YORK, NY , March 9, 2023 /PRNewswire/ -- AXA XL's Americas Marine insurance business has promoted four on its Americas Marine insurance team including Brett Musser to Head of Marine Liabilities for the Americas; Ken Mueller to Head of Inland Marine , Shawn Langenegger to Inland Marine Central Zone  Leader and Allison Jolls to Product Lead - Marine Liabilities.
  • In his new role, he assumes responsibility for AXA XL's Marine Liabilities insurance businesses throughout the Americas, focused on developing tailored liability insurance solutions for specialized marine businesses.
  • Previously Inland Marine manager for South Central, Mr. Langenegger expands his role for all of Central US Zone for Inland Marine.
  • AXA XL's Marine insurance offerings include Inland Marine, Ocean Cargo, Blue and Brown Water Hull, P&I, as well as Excess and Primary Marine Liabilities.

Sunnova Reports Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Wednesday, February 22, 2023
Residential Building & Real Estate, Technology, Construction & Property, Building Systems, Batteries, Other Energy, Utilities, Green Technology, Alternative Energy, Environment, Energy, EBITDA, NOVA, Adjustment, Professional, NYSE, GAAP, Acquisition, Growth, Cloud computing, Bank statement, Ball State Center for Energy Research/Education/Service, Loss, Sale, P&I, Net, Cryptocurrency, Video game, Bank, Customer, Sunnova

Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Sunnova Energy International Inc. ("Sunnova") (NYSE: NOVA), one of the leading Energy as a Service (EaaS) providers, today announced financial results for the fourth quarter and full year ended December 31, 2022.
  • Revenue increased to $195.6 million, or by $130.6 million, for the three months ended December 31, 2022 compared to the three months ended December 31, 2021.
  • As of December 31, 2022, Sunnova had total cash of $546 million, including restricted and unrestricted cash.
  • Sunnova is hosting a conference call for analysts and investors to discuss its fourth quarter and full year 2022 results at 8:00 a.m. Eastern Time, on February 23, 2023.