Archive: September 30, 2022

Powers Insurance & Risk Management Promotes Chris Sullivan

Sullivan named Commercial Practice Leader for one of St. Louis’ largest family-owned insurance agencies

(St. Louis, Mo., Sept. 30, 2022) Powers Insurance & Risk Management, one of the largest family owned and operated independent insurance agencies in the bi-state region, recently promoted Chris Sullivan to Commercial Practice Leader. He will be responsible for leading the commercial lines team by generating leads, developing new business, handling existing Powers’ accounts, and acting as a mentor for the agency’s growing risk advisor team.

Prior to this position, he worked as a Risk Management Advisor at Powers’ Emerging Risks division where he helped clients navigate risks in the cannabis, hospitality, construction, and professional services industries. Sullivan assisted the agency’s clients by protecting their businesses, employees, and stakeholders. He has a Commercial Lines Coverage Specialist (CLCS) designation and is a Professional Workers Compensation Advisor (PWCA). Sullivan earned his Bachelor of Science degree in Marketing from Quincy University in Quincy, Ill.

“For the past eight years, Chris has truly evolved into an essential team member who understands how to best serve our clients’ needs,” said Powers Insurance & Risk Management’s president JD Powers. “This promotion is based upon his dedication and leadership in our fast-growing industry, and we look forward to all he will accomplish in this new position.”

Founded in 1991, Powers Insurance & Risk Management provides personal and business insurance, surety, risk management, and employee benefits. Founded in 2006, sister company Valley Insurance Agency Alliance generates more than $500 million in written premium and is the regional founding member for the Strategic Insurance Agency Alliance (SIAA), a $10 billion national alliance. The companies are headquartered at 6825 Clayton Ave. For more information, call (314) 725-1414 or visit www.powersinsurance.com.

Union Bank of India announces record disbursement to Women Entrepreneurs

Hyderabad, 29^th September 2022: Committed to Women Empowerment, Union Bank of India today announced disbursement of more than Rs 1000 Crs of loans to Women Entrepreneurs under its flag ship scheme Union Nari Shakti.

Union Nari Shakti is identified as one of the niche products of the Bank to achieve market leadership. The scheme envisages sanction of need based credit facilities to Women Entrepreneurs in the range of Rs 2 lakh to Rs 10 Crs with liberalized terms.

As part of its vision to assist larger number of Women Entrepreneurs, Union Bank of India conducted a month long campaign under Union Nari Shakti scheme and during the said campaign period, Union Bank of India disbursed record amount of more than Rs 1,000 Crs to 10000 + Women Entrepreneurs across the country.

Speaking on the occasion, Shri C M Minocha, Chief General Manager(MSME), Union Bank of India, said that it is very special moment for the Bank to achieve the milestone figure of aiding Women Entrepreneurs, the Nari Shakti of our country during the ongoing festive season celebrating the power of Women. He further remarked that Union Bank of India will continue its journey to support Women Entrepreneurs as part of its vision to become Bank of 1^st choice for all MSMEs.

India Expo conferred with National Tourism Award 2018-2019 for Best Standalone Convention Centre

Chennai, 29^th September 2022– India Exposition Mart Limited, one of the leading venue planners and providers in India that offers technology-driven, world-class facilities and safety standards suitable for hosting international business-to-business exhibitions, conferences, congresses, product launches, and promotional events, was awarded the National Tourism Award 2018-2019 for the “Best Standalone Convention Centre” for its Expo Centre & Mart, Greater Noida at the National Tourism Awards 2022 that was held at Vigyan Bhawan, New Delhi on September 27,2022.

The event saw the presence of Shri Jagdeep Dhankhar, his Excellency Vice-President of India; Shri G. Krishna Reddy, Hon’ble Minister of Tourism, Culture and Development of North Eastern Region of India, Govt. of India, Shri Ajay Bhatt, Hon’ble Minister of State for Tourism, Govt. of India and Shri Arvind Singh, IAS, Secretary (Tourism), Govt. of India along with other dignitaries.  81 awards were given highlighting the achievements of the Industry.

On receiving the award Rakesh Kumar, Chairman, India Exposition Mart Ltd stated “It has been a great honour for IEML to receive this prestigious award. The venue is ISO 9001:2015, 14001:2015 and 45001:2018 certified build up complex of 2,34,453.29 sq meters in Greater Noida, which is a prominent destination for MICE events in the country. -It houses 800 permanent showrooms, has 14 multipurpose halls, 29 meeting rooms, 4 open areas, 4 specialty restaurants, a foreign exchange outlet and parking for more than 2000 cars. As of December 31, 2021, our Expo Centre and Mart had an exhibition area of 73,308 square meters.”

Additionally, states “We propose to expand our existing infrastructure facilities by setting up a 128 rooms guest house inside its premises. Keeping our energy saving objectives in mind we have 3GW Solar Power Generation plant installed and provided an uninterrupted power supply of 34 MW. We have also ventured into the virtual event route and as of December 31, 2021, we had managed 24 virtual events spread over 113 days. As per the Mordor Report in our IPO DRHP, the India event and exhibition market was valued at $3,326.04 mn in 2020 and is expected to reach $6,740.63 mn by 2026. By virtue of having more than 15 years of experience in the Indian exhibition markets, we believe we are well positioned to be able to identify and respond to the needs of participants in different markets/sectors by offering advanced and up to date solutions for the majority of the events in the organized events business line.”

Some of the events that have taken place at the venue are the Indian Handicrafts and Gifts Fair, Elecrama, Auto Expo – The Motor Show, CPHI&P-MEC, Print Pack. We have on average managed and organised approximately 170 events (including trade events) in the last five fiscals. As of December 31, 2021 we had an order book of ₹ 1,215.23 million from different exhibitions.

Disclaimer: India Exposition Mart Ltd is proposing subject to receipt of requisite approvals, market conditions and other considerations to make an initial public offer of its Equity shares and has filed the DRHP dated March 3, 2022 with SEBI on March 4, 2022. The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the stock exchanges i.e BSE at www.bseindia.com and NSE at www.nseindia.com and is available on the website of the BRLM i.e Emkay Global Financial Services Ltd at www.emkayglobal.com. Any potential investor should note that investment in equity shares involves high degree of risk and for details relating to such risk see page 29 of the DRHP. Potential investors should not rely on the DRHP for any investment decision.

IceWarp India recognized as the ‘Most Admired Brand’ 2022

Mumbai, August 12, 2022: IceWarp, a global leader in providing all-in-one email and collaboration tools is pleased to announce that the company has been recognized as the ‘Most Admired Brand’ with a 5-Star rating by VARINDIA, a division of Kalinga Digital Media. This reputable recognition was presented during the 20th Edition of Infotech Forum 2022, held recently in New Delhi. The brand’s marketing head, Ms. Anita Kukreja was given the title of one of the Most Influential CMOs in the ICT industry.

The Brand Book features leading brands in the technology space that are introducing unique futuristic developments and disruptions. It is an annual exercise to highlight how various brands are distinguished from their contemporaries, which are broadly defined as companies and their technologies, organisations, projects, or even individuals who aim to deliver a positive impact on the world around us.

Speaking on the joyous occasion, Ms. Anita Kukreja, Head – Marketing and Channel Sales, IceWarp India, said, “To be validated and appreciated by a title as prestigious as the ‘Most Admired Brand’ is truly an honour for IceWarp. Its value increases immensely for us as it is backed by the reputation of the organizers, Kalinga Digital Media, a renowned and revered media house in the industry. Apart from celebrating this momentous milestone for the brand, I am also deeply humbled and grateful to be recognized as one of the most influential CMOs of ICT industry. At IceWarp, we are truly motivated by these recognitions as they are a testimony of our hard work and dedication to thrive and successfully achieve our goals.”

Kalinga Digital Media is one of the largest specialty media houses in South Asia and among India’s top three magazine brands in IT and Telecom. The aim of VARINDIA Most Admired Brands 2022 was to honour the technology brands in India that helped in the growth of the IT sector of the country. It offers market intelligence, consultancy services, CSR efforts, and event organization in the IT, telecommunications, cyber security, and mobility areas.

ADP wins the Global Payroll Supplier of the Year award

India – 29th September 2022 – Global HR and payroll leader ADP, has won the Global Payroll Supplier of the Year award at the prestigious Global Payroll Association Awards 2022.

The Global Payroll Association (GPA), the leading organisation supporting payroll professionals globally, annually recognises some of the outstanding achievements of businesses and individuals within the payroll community.

ADP was awarded Global Payroll Supplier of the Year in recognition of its excellence in global payroll services and its relationship with its clients, many of whom provided glowing testimonials as part of the submission process.

The company is a comprehensive global leader of cloud-based human capital management (HCM) solutions that unite HR, payroll, talent, time, tax, and benefits. ADP’s experience, deep insights and cutting-edge technology have transformed payroll from a back-office administrative function to a strategic business advantage.

With an expansive global footprint, serving clients in more than 140 countries, ADP stands out from competitors based on its unique ability to serve clients with employees in multiple regions with the same level of service excellence, guaranteeing the best possible level of data security while ensuring the highest level of compliance.

“We are proud to be recognised by such an esteemed organisation as the GPA. As a business, we continually strive to provide our clients with the very best service, meeting different market standards and compliance across the world, and this award acknowledges this,” comments Virginia Magliulo, President, Employer Services International.

As a business, ADP continues to challenge itself to anticipate, think forward and act in a way that empowers it to shape the changing world of work. Today, over 990,000 companies worldwide rely upon its innovative payroll services to pay their people with ease and confidence.