Ullico Partners with Hagerty to Offer Collector and Classic Car Insurance
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WASHINGTON, Feb. 9, 2021 /PRNewswire/ Ullico is announcing a partnership with The Hagerty Group, LLC to offer Hagerty s best-in-class insurance for classic, collector and enthusiast vehicles. Hagerty is known for its dedication to serving automotive enthusiasts. Ullico is known for its dedication to serving the labor movement. Because many union members enjoy collecting, restoring and preserving vehicles, this partnership made perfect sense, said Tina Fletcher, President of Ullico Casualty Group, LLC.
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Per the partnership, Hagerty s insurance will be offered through UnionCare, a Ullico Casualty Group affiliate that markets insurance and other products to union members. This automotive insurance program will be the first personal lines property & casualty product marketed by UnionCare, which also offers supplemental life insurance, AD&D in
QIC acquires interest in leading US district energy provider Enwave Energy
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NEW YORK, Feb. 2, 2021 /PRNewswire/ Australian investment manager, QIC, and consortium partner Ullico, have won a bid to acquire a 100% interest in the US business of Enwave Energy, North America s largest single-district energy platform. Enwave Energy s market-leading US business ( Enwave Energy US ) provides district energy solutions by transferring thermal energy in the form of cold water, hot water or steam from a central energy plant through urban areas or campuses to cool and heat buildings.
Enwave Energy US currently serves more than 340 clients and operates in eight cities across eight states, providing energy solutions to more than 400 buildings across sectors including universities, school districts and hospitals such as Syracuse University and Louisiana State University.
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Matthew Downs Joins Greystone’s CMBS Team as Managing Director
GreystoneJanuary 27, 2021 GMT
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) Greystone, a leading national commercial real estate finance company, announced that Matthew Downs has joined as a Managing Director on the CMBS lending team, reporting to Robert Russell. In this role, Mr. Downs will originate CMBS, Agency and balance sheet loans for clients nationwide.
Mr. Downs brings to Greystone 15 years of CRE lending, and joins the firm from MonticelloAM LLC, where he served as Head of CRE Originations. Prior to Monticello, Mr. Downs was a Regional Vice President in the Real Estate Investment Group at Union Labor Life Insurance Company (ULLICO) where he was responsible for originating, negotiating and structuring fixed rate permanent loans and floating rate construction loans in the Northeast. Earlier in his career, Mr. Downs