With Utah’s growing reputation as a “Silicon Slopes” tech hub alternative to California, the number of technology companies in the state has skyrocketed. Cities such as Lehi and Salt Lake City are home to over 1,000 smaller startups and giants like Adobe, Microsoft, and Oracle. This vast e-commerce ecosystem means countless regional businesses need to … Read more
Global reinsurer Hannover Re has appointed Angela Jaramillo as an Associate Underwriter within its Capital Markets and insurance-linked securities (ILS) team.Jaramillo, has been with the reinsurer since 2021, having most recently served as an Associate Underwriter for the company’s property and casualty (P&C) Treaty Underwriting team for Latin America, Spain and Portugal. In addition, Jaramillo … Read more
A van delivery entrepreneur whose startup was dubbed the Uber of the moving business was accused of asset-stripping and misappropriating funds after his takeover of a major UK parcel shipment firm fell apart. Shift, which was set up in 2017, agreed to rescue Yodel last year but the deal unraveled a few months later. Now, … Read more
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Key Takeaways Today’s highest CD rate is 9.57% for a 12-month CD. CD rates from online banks are commonly twice as high as the national average rates. CD ladders let you leverage high rates … Read more
2024 was another record issuance year for the catastrophe bond market and with total alternative reinsurance capital reaching new heights, the way insurance-linked securities (ILS) managers and investors matched appropriate risk returns was a notable success, according to Bill Dubinsky, Managing Director and CEO of Gallagher Securities.We spoke with Dubinsky, who heads up the capital … Read more
