International Nuclear Safety Group

AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key Subsidiaries

Retrieved on: 
Thursday, June 15, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company.
  • At the same time, AM Best has affirmed the Long-Term ICR of “bbb+” (Good) of Safety Insurance Group, Inc. (Delaware) [NASDAQ/GS: SAFT], the publicly traded parent of Safety.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

NFP Appoints Hamid Abuzaid to Lead Its Occupational Health & Safety Group

Retrieved on: 
Monday, June 5, 2023

NEW YORK, June 5, 2023 /PRNewswire-PRWeb/ -- NFP, a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, today announced the appointment of Hamid Abuzaid as the new leader of its Occupational Health & Safety Group (OHS). Abuzaid, who joined NFP in 2019, now reports to Sean Hickey, head of US Complex Risk, Middle Market Brokerage and Risk Management Services.

Key Points: 
  • NEW YORK, June 5, 2023 /PRNewswire-PRWeb/ -- NFP , a leading property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, today announced the appointment of Hamid Abuzaid as the new leader of its Occupational Health & Safety Group (OHS).
  • "We are excited to promote Hamid to lead our OHS Group," said Hickey.
  • "Hamid has been solving occupational health and safety problems for two decades by helping clients apply and integrate insight, guidance and solutions that ensure compliance and enhance operational effectiveness.
  • "I'm grateful for the opportunity to lead the OHS Group and advance the value we deliver to clients," said Abuzaid.

NY Restaurants Reap Insurance Dividends Through Sieger & Smith Partnership

Retrieved on: 
Thursday, May 4, 2023

NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Sieger & Smith, a leading insurance provider specializing in workers' compensation for New York's premier restaurants, announces a groundbreaking partnership with the New York State Insurance Fund ("NYSIF").

Key Points: 
  • NEW YORK, May 04, 2023 (GLOBE NEWSWIRE) -- Sieger & Smith, a leading insurance provider specializing in workers' compensation for New York's premier restaurants, announces a groundbreaking partnership with the New York State Insurance Fund ("NYSIF").
  • By providing comprehensive workers compensation insurance and ensuring regulatory compliance, Sieger & Smith has successfully managed Safety Group #495, comprised of restaurants in the state of New York.
  • Sieger & Smith CEO, Mr. Timothy B. Derham, expressed his excitement about the partnership, stating,
    "Working with the New York State Insurance Fund has been a fantastic opportunity for both our company and our clients.
  • For more information about Sieger & Smith and their partnership with the New York State Insurance Fund, please contact:

Datamaran Secures £11.7 Million Series B Investment to Deliver on Rising Demand for Strategic ESG Insight

Retrieved on: 
Tuesday, September 20, 2022

LONDON and NEW YORK, Sept. 20, 2022 /PRNewswire/ -- Datamaran, the only ESG risk management software platform, today announced the completion of a £11.7 million Series B funding round led by Fortive (NYSE:FTV) with participation from American Electric Power (NASDAQ:AEP), both long-standing partners and clients.

Key Points: 
  • This insight allows leaders to create an informed and fully integrated ESG and business strategy that can be understood by all stakeholders.
  • This new round of funding will enable additional product innovation and help ensure Datamaran remains at the cutting edge of the shift towards ESG as a strategic business tool.
  • "After years of expansion, organic growth and achieving profitability, we see even more potential for the strategic insight we provide.
  • With this backing, Datamaran will accelerate the process of taking ESG to the C-suite and meet growing demand."

Datamaran Secures £11.7 Million Series B Investment to Deliver on Rising Demand for Strategic ESG Insight

Retrieved on: 
Tuesday, September 20, 2022

LONDON and NEW YORK, Sept. 20, 2022 /PRNewswire/ -- Datamaran, the only ESG risk management software platform, today announced the completion of a £11.7 million Series B funding round led by Fortive (NYSE:FTV) with participation from American Electric Power (NASDAQ:AEP), both long-standing partners and clients.

Key Points: 
  • This insight allows leaders to create an informed and fully integrated ESG and business strategy that can be understood by all stakeholders.
  • This new round of funding will enable additional product innovation and help ensure Datamaran remains at the cutting edge of the shift towards ESG as a strategic business tool.
  • "After years of expansion, organic growth and achieving profitability, we see even more potential for the strategic insight we provide.
  • With this backing, Datamaran will accelerate the process of taking ESG to the C-suite and meet growing demand."

McNeil & Co. and Cannabis Association of New York Announce the Formation of the Cannabis Association of New York Inc. Safety Group

Retrieved on: 
Monday, August 29, 2022

McNeil & Co. (McNeil), a leader in specialized risk management and insurance, and the Cannabis Association of New York (CANY) engaged with the New York State Insurance Fund (NYSIF), for purposes of forming a workers compensation safety group for the New York cannabis industry.

Key Points: 
  • McNeil & Co. (McNeil), a leader in specialized risk management and insurance, and the Cannabis Association of New York (CANY) engaged with the New York State Insurance Fund (NYSIF), for purposes of forming a workers compensation safety group for the New York cannabis industry.
  • The NYSIF recently gave approval for the Cannabis Association of New York Inc. Safety Group, with McNeil as its manager, to provide a sustainable workers compensation solution for the New York cannabis industry.
  • CANY exists to ensure New York cannabis businesses of all sizes and backgrounds have a platform for prosperity and success, said Daniel McNeil, Founder and President of McNeil.
  • Parties seeking information about joining the Cannabis Association of New York Inc. Safety Group, should contact Derek Davis, Chief Marketing Officer, McNeil & Co. at 800-822-3747 or inquire at www.mcneilandcompany.com/cannabis .

AM Best Affirms Credit Ratings of Safety Insurance Group, Inc. and Key Subsidiaries

Retrieved on: 
Thursday, May 26, 2022

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of a+ (Excellent) of Safety Insurance Company, Safety Indemnity Insurance Company, Safety Property and Casualty Insurance Company and Safety Northeast Insurance Company.
  • At the same time, AM Best has affirmed the Long-Term ICR of bbb+ (Good) of Safety Insurance Group, Inc. (Delaware) [NASDAQ/GS: SAFT], the publicly traded parent of Safety.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Thought Industries Achieves Record Q1 Revenue Growth Fueled By Enterprise Demand For Customer Learning Technology and Best-Practice Strategies

Retrieved on: 
Monday, May 16, 2022

BOSTON , May 16, 2022 /PRNewswire/ -- Thought Industries, the world's #1 platform for customer learning management (CLM), today announced record revenue growth in the first quarter of 2022, driven by both new and expanded customer engagements across a variety of industries, from SaaS and manufacturing to business services and healthcare. This is the latest quarterly earning milestone for the company, whose leading customer learning technology is changing the way organizations use training programs and services at all points in the customer lifecycle to reduce customer churn, drive engagement, and grow revenue across the business.

Key Points: 
  • Automated test and measurement systems provider NI is among the companies expanding existing engagements with Thought Industries.
  • The company uses the Thought Industries platform to train its customers on NI systems to ensure they get the most value out of their complex technology investments.
  • "We're looking forward to extending our relationship and doing more with Thought Industries," said Gretchen Edelmon, Principal Product Owner Digital Learning Experience at NI.
  • In addition to record revenue growth, other notable Q1 highlights for Thought Industries include:

Justrite Safety Group Launches Comprehensive New Website

Retrieved on: 
Wednesday, February 16, 2022

DEERFIELD, Ill., Feb. 16, 2022 /PRNewswire-PRWeb/ --Justrite Safety Group, a global leader in industrial safety products, recently launched a comprehensive new website.

Key Points: 
  • DEERFIELD, Ill., Feb. 16, 2022 /PRNewswire-PRWeb/ --Justrite Safety Group, a global leader in industrial safety products, recently launched a comprehensive new website.
  • Justrite Safety Group has been recognized as an industry leader in workplace safety for more than a century, offering expertise and safety equipment through each of the eight brands in the Justrite Safety Group portfolio.
  • "Since our founding in 1906, we have built around Justrite to create five safety categories; chemical safety, environmental safety, industrial matting and ground protection, motion safety, and safety identification," said Mark McElhinny, President and CEO of Justrite Safety Group.
  • Justrite Safety Group is a growing family of industrial safety companies, including Justrite, Eagle, Checkers, NoTrax, and more.

Workers’ Compensation Safety Groups Managed by Friedlander Group Paid $300 Million in Dividends Plus $259 Million in Discounts Since 1992!

Retrieved on: 
Thursday, December 9, 2021

Friedlander Group, the leader in workers compensation in New York, announces a total of $300 million in dividends paid to Safety Group clients since 1992.

Key Points: 
  • Friedlander Group, the leader in workers compensation in New York, announces a total of $300 million in dividends paid to Safety Group clients since 1992.
  • The dividends are in addition to $259 million in advance group discounts a combined savings of $559 million on clients workers compensation premiums.
  • Friedlander Groups mission is to enable employers to maximize their productivity and profits by keeping their employees working and safe.
  • Friedlander Group manages eight Safety Groups, underwritten by the New York State Insurance Fund, to reward safety conscious employers with low-cost workers compensation including up to 35% discounts and an average dividend of 28% since 1992.