SURE

National Implementation of Supportive Housing Initiative to Close the Gap on HIV-Related Inequities Outlined in the National HIV/AIDS Strategy

Retrieved on: 
Tuesday, May 7, 2024

The project will address the intersectionality among housing status, identification with one of the three priority populations, and HIV-related health outcomes.

Key Points: 
  • The project will address the intersectionality among housing status, identification with one of the three priority populations, and HIV-related health outcomes.
  • The project is funded through HRSA’s Ryan White HIV/AIDS Program Part F Special Projects of National Significance (SPNS) Program.
  • "This innovative initiative represents opportunities to integrate HIV care and behavioral health with housing interventions to improve health outcomes among priority populations of people with HIV."
  • Housing is a social determinant of health that has a substantial impact on HIV prevention and care outcomes .

Acre Impact Capital Announces the First Closing of its Export Finance Fund I

Retrieved on: 
Wednesday, April 17, 2024

Acre Impact Capital , a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”), with commitments of ~US$100mn, with a target size of US$300mn.

Key Points: 
  • Acre Impact Capital , a private-debt impact investment manager announces the first closing of its Export Finance Fund I (the “Fund”), with commitments of ~US$100mn, with a target size of US$300mn.
  • The Fund has also secured significant commitments from several African investors, reflecting the attractive risk-return profile and expected impact of the strategy.
  • Acre Impact Capital’s innovative Export Finance Fund I is the first fund of its kind leveraging the transaction facilitation role of export credit agencies (“ECAs”) for impact.
  • “We are incredibly proud to have received support from our limited partners, who have backed our pioneering Export Finance Fund I.

SageSure and SURE Close Second and Subsequent Event $130 Million Catastrophe Bond

Retrieved on: 
Tuesday, April 16, 2024

SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned reciprocal exchange, today announced the close of the Gateway Re 2024-2 second and subsequent event catastrophe bond at $130 million, with pricing 75 bps tighter than the mid-point of the initial price guidance.

Key Points: 
  • SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and SureChoice Underwriters Reciprocal Exchange (“SURE”), a policyholder-owned reciprocal exchange, today announced the close of the Gateway Re 2024-2 second and subsequent event catastrophe bond at $130 million, with pricing 75 bps tighter than the mid-point of the initial price guidance.
  • The issuance marks SURE’s second successful visit to the global insurance-linked securities (ILS) market this year, following the recently closed $250 million Gateway Re Series 2024-1 catastrophe bond.
  • The 2024-2 notes provide second and subsequent event loss protection for both SURE and SageSure’s other affiliated reciprocal exchange Elevate through the end of the 2024 Atlantic hurricane season.
  • “SageSure is grateful for the ILS community’s confidence in SURE and the Gateway Re franchise,” said Terrence McLean, President and CEO of SageSure.

Calyxo Announces FDA Clearance for New, Redesigned CVAC System

Retrieved on: 
Tuesday, March 26, 2024

Calyxo, Inc. , a medical device company developing innovative solutions for patients with kidney stones, announced that it has received FDA clearance for its new, redesigned CVAC System, which enables a minimally invasive approach to kidney stone treatment.

Key Points: 
  • Calyxo, Inc. , a medical device company developing innovative solutions for patients with kidney stones, announced that it has received FDA clearance for its new, redesigned CVAC System, which enables a minimally invasive approach to kidney stone treatment.
  • More than 50 procedures have already been completed by 12 urologists with the new CVAC System, yielding strong patient outcomes and consistently positive physician feedback.
  • Based on learnings from over two years of real-world use, Calyxo reimagined its CVAC System to further enhance the SURE procedure.
  • “CVAC” and “Calyxo” are registered trademarks of Calyxo, Inc.

Demotech-Rated SureChoice Underwriters to Offer Surplus Lines Homeowners in California

Retrieved on: 
Wednesday, March 20, 2024

COLUMBUS, Ohio, March 19, 2024 /PRNewswire/ -- Demotech, Inc. announces SureChoice Underwriters Reciprocal Exchange (SURE) , a policyholder-owned coastal insurer, in partnership with SageSure , one of the largest managing general underwriters focused on catastrophe-exposed markets, completed the launch of its surplus lines homeowners insurance products in California, making it the first Demotech-rated insurer in the state to do so.

Key Points: 
  • COLUMBUS, Ohio, March 19, 2024 /PRNewswire/ -- Demotech, Inc. announces SureChoice Underwriters Reciprocal Exchange (SURE) , a policyholder-owned coastal insurer, in partnership with SageSure , one of the largest managing general underwriters focused on catastrophe-exposed markets, completed the launch of its surplus lines homeowners insurance products in California, making it the first Demotech-rated insurer in the state to do so.
  • SURE's product is available at a crucial time for the California home insurance market.
  • With this new product, SURE is the first Demotech-rated carrier to offer surplus lines homeowners insurance in the California market.
  • "Demotech is proud to leverage our nationally recognized experience and capabilities to identify financially stable insurers," said Joseph L. Petrelli, President, Demotech.

Piero Cipollone: The euro at 25: what next for Economic and Monetary Union?

Retrieved on: 
Tuesday, February 13, 2024

We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.

Key Points: 
  • We document how gas price fluctuations have a heterogeneous pass-through to euro area prices depending on the underlying shock driving them.
  • Supply shocks, moreover, are found to pass through to all components of euro area inflation – producer prices, wages and core inflation, which has implications for monetary policy.

SURE Becomes One of the First Demotech-Rated Insurers to Create Capacity by Offering Surplus Lines Homeowners Coverage in California

Retrieved on: 
Tuesday, February 6, 2024

SURE’s product arrives at a crucial time for the California home insurance market.

Key Points: 
  • SURE’s product arrives at a crucial time for the California home insurance market.
  • As seven of the state’s largest insurers restrict coverage or retrench due to wildfire risk, the demand for private-market capacity is high.
  • “SageSure has served the California market since 2013 and is uniquely positioned to respond to the strong demand for both Demotech-rated capacity and surplus lines solutions in the state.
  • With this new product, SURE is one of the first Demotech-rated carriers to offer surplus lines homeowners in the California market, joining nearly 80 licensed Demotech-rated carriers serving the needs of Californians.

Newly Published Study Demonstrates Safety and Efficacy of Calyxo’s CVAC Aspiration System for Patients with Large Kidney Stones

Retrieved on: 
Tuesday, November 14, 2023

“This study confirms that SURE with CVAC is an excellent option for patients with large stone burdens, especially patients who are high-risk to undergo PCNL or patients who prefer a more minimally invasive alternative to PCNL,” said Dr. Stern.

Key Points: 
  • “This study confirms that SURE with CVAC is an excellent option for patients with large stone burdens, especially patients who are high-risk to undergo PCNL or patients who prefer a more minimally invasive alternative to PCNL,” said Dr. Stern.
  • This study builds on a previous safety and feasibility study published in the Journal of Endourology in 2022, which demonstrated that the CVAC Aspiration System could safely navigate throughout the kidney, remove significantly more kidney stone volume, and clear a higher proportion of it compared to traditional basket techniques.
  • This new large-stone study is especially encouraging because it indicates patients may also be spared secondary procedures often required in kidney stone care.
  • The CVAC Aspiration System is a novel technology that uses irrigation and aspiration to remove kidney stones after laser lithotripsy with the goal of a surgically stone-free outcome.

SURE Delivers In-Demand Commercial Coverage to South Carolina

Retrieved on: 
Tuesday, November 7, 2023

SureChoice Underwriters Reciprocal Exchange (“SURE”) , a policyholder-owned coastal insurer, in partnership with SageSure , one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its expansion to the South Carolina commercial property market with its business owners policy (BOP) offering.

Key Points: 
  • SureChoice Underwriters Reciprocal Exchange (“SURE”) , a policyholder-owned coastal insurer, in partnership with SageSure , one of the largest managing general underwriters focused on catastrophe-exposed markets, today announced its expansion to the South Carolina commercial property market with its business owners policy (BOP) offering.
  • After launching its BOP program in Texas last year and expanding to Louisiana and Florida, SURE will now provide commercial capacity for producers writing small- and medium-sized businesses in South Carolina.
  • Through a combination of property and commercial general liability coverage, SURE’s BOP program provides crucial protection for entrepreneurs in the Palmetto State.
  • “SURE is excited to bring the newly enhanced BOP product to the South Carolina business community,” said Ed Konar, President of SURE.

Boyden Brazil Celebrates 55 Years and Welcomes Prominent Industry Leaders to the Partnership

Retrieved on: 
Thursday, October 19, 2023

Chad Hesters, President & CEO of Boyden, will be in São Paulo to mark the occasion with the team and meet distinguished clients.

Key Points: 
  • Chad Hesters, President & CEO of Boyden, will be in São Paulo to mark the occasion with the team and meet distinguished clients.
  • He comments, “Boyden was the standard-bearer for our industry in Brazil.
  • Boyden was launched in Brazil in 1968, in a decade of significant global expansion for the firm.
  • Cristina Piccolloto, Human Resources Director at Sherwin-Williams, a long-term client of Boyden Brazil, says, “For more than a decade, Boyden has been a key partner in Executive Search for the Sherwin-Williams Company in Brazil.