Business News: Confie, Ringler Associates, V3 Insurance Partners, TriageLogic
Confie, a national provider of personal and commercial lines insurance, announced the acquisition of Auto Insurance America from Minn.-based Western National Mutual Insurance Company. Auto Insurance America is a leading provider of non-standard auto insurance serving Nevada and New Mexico.
Auto Insurance America has been in business for over 40 years writing non-standard auto insurance. The company has five locations in Las Vegas, one location in Reno, Nev., and four locations in Albuquerque, New Mexico.
Confie recently completed the acquisition of Oasis Insurance in Mesa, Ariz., that dramatically enhanced its footprint in Arizona.
Ringler Associates, Inc., a national settlement planning company, has purchased the assets of Sedgwick’s structured settlements business, Galaher Settlements and Insurance Services, Inc. The transaction closed Dec. 31, 2016.
Under the terms of the purchase agreement, the entire Galaher team will join the Ringler organization and continue to serve the same customers. Additionally, Ringler will be Sedgwick’s provider of choice for structured settlements plans for its customers.
Pa.-based V3 Insurance Partners LLC (V3) announces the expansion of its successful full online quote and bind Workers’ Compensation practice with the addition of three key senior executives. Ken Stryczek, Karen Megson and Amy Feltmann each have many years of experience growing and managing successful Workers’ Compensation portfolios for small to mid-sized organizations.
V3’s Workers’ Compensation business has grown 30 percent within the past year alone. Driving this success is V3’s reputation for superior customer service, industry knowledge and delivery of products through technology to grow their customer’s books.
Ken Stryczek, VP and product manager and Karen Megson, senior underwriter, previously worked for well-known national Worker’s Compensation carriers. Stryczek’s strategic planning and operational experience improved the company’s overall profitability, growth and brand recognition.Megson grew and managed an $8 million book of business with a focus on Guaranteed Cost accounts.
Amy Feltmann, senior underwriter, brings a broker’s perspective to V3. Previously an assistant vice president at a major wholesale carrier, she specialized in Workers’ Compensation programs for small business accounts, a key growth area for V3.
TriageLogic, a national telemedicine company, announced a new telehealth product for businesses. Continuwell promises to decrease employee sick days and healthcare costs by providing 24/7 on-demand nurses and doctors to evaluate callers and determine appropriate care. Continuwell differentiates itself with its free nurse-first model, where nurses use doctor-written guided protocols to evaluate callers and determine the care needed to resolve their symptoms. Nurses provide the necessary care without the need of a doctor in three out of four cases, saving the cost of a telehealth doctor visit and making the system more affordable.
Continuwell nurses are available for free to all members. They direct employees to the appropriate level of care, with many callers receiving a home care plan without the need for a doctor. If the caller’s symptoms require a doctor evaluation or a prescription, the nurses transfer the caller to one of our U.S. Board Certified doctors, or the company’s preferred telemedicine doctor company. Continuwell is a 24/7/365 service, even available during holidays and weekends.