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There are still good things happening, despite the challenging times in which we all find ourselves. Here's the latest employee benefits and retirement industry news on new hires, partnerships, promotions, and more.
Alight Solutions announced the appointment of Stephan Scholl as chief executive officer, effective April 13. Most recently, Scholl was a senior executive at Infor between 2010 and 2018 —including serving as president from 2012-18. He also served in various senior roles at both Oracle and Peoplesoft for more than a decade.
ArmadaHealth announced the appointment of Susan Torroella to President and Chief Executive Officer. Prior to joining ArmadaHealth in 2018, Torroella was Executive Vice President at Wellness Corporate Solutions, where she oversaw strategic partnerships, program management and company operations.
BrokerTech Ventures announced the addition of new investor partners or sponsors, including Heffernan Insurance Brokers, Inc., The Horton Group, Inc., IMA Financial Group, MJ Insurance, and Woodruff Sawyer, and the appointment of a new chief operating officer (COO), Susan Hatten, who previously served as the BTV interim executive director during the formation of the company.
Brightway Insurance announced that Austin Vannoy is the first person to transition from the company's Independent Agent program to become a Brightway Franchise Owner with the opening of Brightway, The Vannoy Agency in Valdosta, Georgia. Vannoy started with Brightway a year ago as one of the first insurance professionals to enter the company's new pathway to agency ownership — the Independent Agent program.
The CFP Board Center for Financial Planning and California Lutheran University announced a new joint scholarship program. The California Lutheran University Financial Planning Scholarship offers financial assistance to qualified individuals seeking to complete Cal Lutheran's online Master of Business Administration or online Master of Science degree in Financial Planning, both of which qualify candidates to sit for the CFP certification exam.
Conner Insurance and the Jeff Fox Benefits Team, two health care consulting firms in Indianapolis, announced the completion of a strategic partnership. Jeff Fox and his team, formerly at HJ Spier, will partner with Conner Insurance. Previously, Conner Insurance and the Fox Benefits Team joined forces in 2019 to co-host the first annual NextGen Healthcare Summit, a hands-on forum about the rising health care costs in America, and the proven solutions to break the chain.
EverythingBenefits announced the launch of its Client Advisory Board.The board, comprised of HR and benefits leaders representing a diverse group of key customers, will provide EverythingBenefits with expert insights and counsel. It pledges to go beyond its own product innovation goals to share insights, exercise best practices, and drive trends that will impact HR and benefits organizations across the broader mid-enterprise employer community in North America.
The National Association for the Self-Employed (NASE) announced a partnership with MetLife to offer current and future NASE members a new association member benefit of accident insurance.
NFP announced the acquisition of Progressive Benefits Agency, Inc. (PBA) in a transaction that closed on December 11, 2019.PBA is a group benefits brokerage firm based in Solon, OH, specializing in benefits solutions for small group and middle market clients. Kevin Lurie, president of PBA, will join NFP as a senior vice president. Lurie and the entire team at PBA will be joining NFP and transitioning to NFP's Independence, OH office.
OneDigital announced the appointment of Tom Wimer as National Practice Leader of Human Resources Consulting (HRC). Wimer will lead the HRC line of business for OneDigital as the company works to integrate HRC services with the existing employee benefits and retirement/financial service operations across the country.
One80 Intermediaries (One80) announced that it has acquired International Excess Program Managers (IEPM), a wholesale insurance brokerage and program manager operating in all fifty states. Terms of the deal were not disclosed. In addition to wholesale access, IEPM builds tailored multi-state insurance programs for specialty industries, associations and groups of policy holders.
Paylocity announced the acquisition of VidGrid, a leading video platform provider. Paylocity has worked with VidGrid for several years to deliver a video-enabled learning management system (LMS) to clients. The collaboration enables Paylocity's clients to source knowledge from subject matter experts through interactive videos that are current and relevant to their employees.
PDR4 Inc, a boutique talent acquisition firm in the staffing & recruiting industry, announced it has received the prestigious National Women's Business Enterprise Certification from the Women's Business Enterprise National Council (WBENC). The WBENC certification for women-owned business is the most recognizable and sought-after certification of its kind. WBENC's national standard of certification requires a meticulous process, including an in-depth review of the business and a site inspection, confirming the business is at least 51% owned, operated and controlled by women.
The Wagner Law Group announced the launch of the firm's Bankruptcy and Restructuring practice.It provides Special Counsel support on employee benefits matters to debtors, creditors, ad hoc or official creditor or equity committees, trustees, Taft-Hartley plans, employee groups or retiree associations, and other stakeholders. It is led by Israel (Izzy) Goldowitz, former chief counsel to the PBGC.
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