GlobalBridge,a Minneapolis-based provider of separately managed accounts for trust banks and wealth advisors, announced the selection of Pelorus Advisors as its exclusive provider of hedge fund operational due diligence.
Kelly Coughlin, CEO of GlobalBridge said, “Operational transparency and hedge funds are two terms we seldom see together. GlobalBridge has always insisted on full operations [...]

AXIS Capital Holdings Limited announced that the Company’s Board of Directors has appointed Thomas C. Ramey and Wilhelm Zeller to its Board as independent directors. Both will serve as Class II Directors.
Michael Butt, Chairman of AXIS Capital, said: “We are delighted to welcome Thomas C. Ramey and Wilhelm Zeller to AXIS Capital’s Board of Directors. [...]

Liberty Mutual, the eighth largest car and home insurer in the U.S., today launched its online “Driver Seat Game,” a flash-based video game that will allow players of all ages to experience first-hand the physical and cognitive limitations that older drivers may experience while operating a motor vehicle. The goal of the game — found [...]

In response to the New Era of Risk Management(TM) in which global businesses are currently operating, OpenPages, the leading provider of integrated risk management solutions for global companies, today unveiled ten best practices to help companies appropriately prepare for a new era of risk and regulatory oversight.
– Following the release of the bank stress test [...]

MEDecision, Inc., a leading provider of collaborative health care management solutions, today announced that it has been selected to deliver its Alineo ™ 2.0 collaborative health care management platform to Blue Cross and Blue Shield of Kansas City (BCBSKC). The two parties have agreed to begin implementation in June. The arrangement reinforces MEDecision’s position as [...]

The U.S. division of Sun Life Financial Inc announced that Stephen L. Deschenes has been named Senior Vice President and General Manager of its Annuities Division. In this role, Deschenes will oversee Sun Life’s annuity business line, working with the company’s marketing, actuarial and distribution units to build best practices and create a diversified portfolio [...]

Brookdale Senior Living, the largest owner and operator of senior living communities, today announced that it has selected Golden Gateway Financial, a comprehensive financial resource for seniors and retirees, as a preferred provider of life settlement solutions for current residents and those seniors seeking a better retirement lifestyle.
Today’s older Americans are increasingly feeling the economic [...]

Thrive® Income Distribution System, LLC, in partnership with the Retirement Income Solutions Enterprise® (RISE), has launched a turn-key planning and selling system designed to help advisors grow a profitable retirement income advice practice. Equally as important, Thrive®’s complete system helps advisors rescue the retirement aspirations of clients and prospects faced with significant portfolio losses.
The centerpiece [...]

Copart, Inc announced the opening of a new facility in Greer, South Carolina. This latest addition to Copart’s growing footprint marks the company’s second facility in South Carolina and the 147th facility world-wide.
Copart CEO and founder Willis J. Johnson said the 22-acre greenfield site will serve the northwest corner of the state, decreasing cycle times [...]

DataPath, based in Little Rock, Ark., and My Wellchoice+, based in Eagle, Idaho, are providing third-party administrators and employers a new way to use HSA contributions to increase wellness program participation and reduce healthcare costs.
With software developed by DataPath, employers can convert points earned in the My Wellchoice+ wellness program into actual dollars paid directly [...]