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Tower Partners With Sedgwick
Tower Partners With Sedgwick

Scoop

time15 hours ago

  • Business
  • Scoop

Tower Partners With Sedgwick

Press Release – Tower The new partnership means Tower will have access to additional support from Sedgwicks loss adjusters across New Zealand and the Pacific. External loss adjusters are typically used in the insurance industry for continuity of service in times of increased demand, … Tower has today announced a new partnership with Sedgwick, a global leader in loss adjusting, to ensure fast claims assessments for Tower customers during large weather events. The new partnership means Tower will have access to additional support from Sedgwick's loss adjusters across New Zealand and the Pacific. External loss adjusters are typically used in the insurance industry for continuity of service in times of increased demand, for example, during stormy weather. Tower Chief Claims Officer Steve Wilson says, 'As a forward-thinking insurer, we are thrilled to partner with Sedgwick to help ensure we continue to be there for our customers, no matter what.' 'The Tower team will still be with you every step of the way to progress and settle your claim. This partnership means we can assess damage and start the claims process faster during claims peaks, with more loss adjusting resource ready to go, if needed.' The new partnership will benefit all Tower customers throughout New Zealand and the Pacific, including in smaller locations where Tower may not have a large in-region assessing or loss adjusting team. The increased assessing resource also means specialist Tower assessors are focused on handling more complex claims. Sedgwick New Zealand CEO Philip van Zyl says, 'We're delighted to support Tower, as a trusted Kiwi business that shares our commitment to helping communities rebuild after a loss. Through this partnership, we will combine our strengths and expertise to drive better outcomes for all stakeholders. It is about making recovery smoother, more accessible, and more effective for everyone impacted.' About Tower Born and bred in New Zealand, Tower has been supporting Kiwis when they need it most for more than 155 years. In that time, we've grown to operate across New Zealand and the Pacific islands, providing our customers with cover for their houses, cars, contents, businesses and more. While our heritage is important to us, we've also set our sights on the future. Tower's focus on innovation and investment in large-scale digital transformation has enabled the business to evolve rapidly, in-line with the latest in technology and customer expectations. The result is customer-focused, digital-first insurance solutions – combined with joining forces with like minded partners, Tower has been able to create more, simpler products, to suit the modern lifestyles of its customers. For more information, see About Sedgwick Sedgwick is the world's leading risk and claims administration partner, helping clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Altas Partners, CDPQ, Onex and other management investors are minority shareholders. For more information, see

Tower Partners With Sedgwick
Tower Partners With Sedgwick

Scoop

time15 hours ago

  • Business
  • Scoop

Tower Partners With Sedgwick

Tower has today announced a new partnership with Sedgwick, a global leader in loss adjusting, to ensure fast claims assessments for Tower customers during large weather events. The new partnership means Tower will have access to additional support from Sedgwick's loss adjusters across New Zealand and the Pacific. External loss adjusters are typically used in the insurance industry for continuity of service in times of increased demand, for example, during stormy weather. Tower Chief Claims Officer Steve Wilson says, 'As a forward-thinking insurer, we are thrilled to partner with Sedgwick to help ensure we continue to be there for our customers, no matter what.' 'The Tower team will still be with you every step of the way to progress and settle your claim. This partnership means we can assess damage and start the claims process faster during claims peaks, with more loss adjusting resource ready to go, if needed.' The new partnership will benefit all Tower customers throughout New Zealand and the Pacific, including in smaller locations where Tower may not have a large in-region assessing or loss adjusting team. The increased assessing resource also means specialist Tower assessors are focused on handling more complex claims. Sedgwick New Zealand CEO Philip van Zyl says, 'We're delighted to support Tower, as a trusted Kiwi business that shares our commitment to helping communities rebuild after a loss. Through this partnership, we will combine our strengths and expertise to drive better outcomes for all stakeholders. It is about making recovery smoother, more accessible, and more effective for everyone impacted.' About Tower Born and bred in New Zealand, Tower has been supporting Kiwis when they need it most for more than 155 years. In that time, we've grown to operate across New Zealand and the Pacific islands, providing our customers with cover for their houses, cars, contents, businesses and more. While our heritage is important to us, we've also set our sights on the future. Tower's focus on innovation and investment in large-scale digital transformation has enabled the business to evolve rapidly, in-line with the latest in technology and customer expectations. The result is customer-focused, digital-first insurance solutions - combined with joining forces with like minded partners, Tower has been able to create more, simpler products, to suit the modern lifestyles of its customers. For more information, see About Sedgwick Sedgwick is the world's leading risk and claims administration partner, helping clients thrive by navigating the unexpected. The company's expertise, combined with the most advanced AI-enabled technology available, sets the standard for solutions in claims administration, loss adjusting, benefits administration and product recall. With over 33,000 colleagues and 10,000 clients across 80 countries, Sedgwick provides unmatched perspective, caring that counts, and solutions for the rapidly changing and complex risk landscape. Sedgwick's majority shareholder is The Carlyle Group; Stone Point Capital LLC, Altas Partners, CDPQ, Onex and other management investors are minority shareholders. For more information, see

Kyra Sedgwick: 'Bad Shabbos' reminds families of 'what's important'
Kyra Sedgwick: 'Bad Shabbos' reminds families of 'what's important'

UPI

time3 days ago

  • Entertainment
  • UPI

Kyra Sedgwick: 'Bad Shabbos' reminds families of 'what's important'

LOS ANGELES, June 6 (UPI) -- Kyra Sedgwick says her comedy Bad Shabbos, in theaters now, holds a relevant message about making time for family. She plays Ellen, a mother hosting a Friday night Shabbat dinner for her family and future in-laws, in the new film. The dinner goes comically awry, but Sedgwick said families should prioritize making time for each other. In a recent phone interview with UPI, the actress, 59, said her family does not allow phones during meals. "That's a really good habit to get into with your family and your kids," the star said. "It's the time to really download about the day and let people be reminded about what's important but also to be like, 'You're a priority for me. I'm going to hold space for this and hold space for you.'" The family in Bad Shabbos follows Jewish traditions, such not driving on the sabbath and not using modern technology like cell phones. Sedgwick, who is married to actor Kevin Bacon and mother to Sosie and Travis Bacon, said taking a break from phones is a good idea regardless of religion. "I just don't think that our nervous system is set up for it and I think we're really hurting our bodies with the amount of connection to moment-by-moment news," she said. "Remember that family comes first, that we have our priorities but connection and being a human being is better than being a human doing." Sedgwick has been acting since she was a teenager herself on the soap opera Another World. She sees her early roles still impact audiences despite preceding modern technology. For example, 1992's Singles, Cameron Crowe's second movie as director, is about men and women in their 20s living in a Seattle apartment complex looking for love. "Twentysomethings come up to me now and say, 'I just saw Singles and it's exactly like my life,'" she said. "Even without the social media piece, [Crowe] still was able to tap into some core feelings of what it is to be in your 20s, looking for love and connection." Now that Sedgwick has a family of her own, other aspects of Bad Shabbos became relevant too. Ellen's daughter, Abby (Milana Vayntrub), accuses Ellen of making a face when Abby shares news of her life. "My daughter is constantly thinking I'm making faces so she's probably right," Sedgwick said. "I think that we think we're better actors than we are with our kids and I think they see right through it." The way Ellen treats her three children also demonstrates the different relationships between family members. Ellen struggles to be polite to her David's (Jon Bass) non-Jewish fiance, Meg (Meghan Leathers), while she gushes over her other son, Adam (Theo Taplitz), a loner who dreams of joining the Israel Defense Forces. The family lives in New York. "Everyone plays a role in a family," Sedgwick said. "Someone needs a little bit more of the gentle mom and someone else needs to be pushed a little bit more. Someone else needs to be given the benefit of the doubt. Some people don't." Sedgwick's own mother, Patricia Rosenwald, was Jewish and married art dealer Ben Heller. Sedgwick said her stepfather introduced Passover seders into their family, but they still celebrated Christmas instead of Hanukkah. "My connection with Judaism is really my ethics, my ethical culture," she said. "I really don't know very much about the religion at all but I do know you're allowed to question things. It's not just because God says so. The Torah is all about asking questions and having conversation. I think that it felt like a spiritual connection for me in that way." Another one of Sedgwick's earlier movies speaks to spiritual healing. In Heart and Souls, she plays a ghost who died before accepting her fiance's proposal. Through a living man (Robert Downey, Jr.), she and three other ghosts are able to correct their mistakes. "I think the idea of being able to make amends and go back and fix things feels really good to me, and is a universal thing that we can all be aspirational about," she said. Sedgwick is currently in production on a movie with her own family. Family Movie stars Kevin, Kyra, Sosie and Travis as a family of filmmakers, though they are not playing the Bacons. "We're definitely playing characters, but they may or may not have a certain meta aspect to them," she said. Kevin and Sedgwick initiated the idea of making a movie as a family. The couple took four pitches and Dan Beers was hired to write the script. Sedgwick said the inspiration for a project with the entire family came from making the short film Until at home during COVID-19 lockdowns. Released in 2022, Kevin and Sedgwick directed Until and Travis composed the music for it. "We're definitely both workaholics and we wanted to keep creating," she said. "We thought maybe we could do something together with the whole family."

CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings
CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings

Yahoo

time28-05-2025

  • Business
  • Yahoo

CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings

SAN CLEMENTE, Calif., May 28, 2025--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) ("CareTrust" or the "Company") announced today that Fitch Ratings ("Fitch") has upgraded the Company's issuer default rating and issue-level ratings to BBB- with a stable outlook. "This investment grade rating from Fitch is a strong validation of the progress we've made in building resilience in our portfolio and balance sheet, all while deploying roughly $2.5 billion in capital over the past 18 months in attractive seniors housing, skilled nursing, and UK care home investments," said Dave Sedgwick, CareTrust's Chief Executive Officer. Mr. Sedgwick continued, "This recognition reinforces our commitment to financial discipline, and we're grateful to our banking partners for their support in this endeavor. With the foundation of a strong credit profile, we are poised to build even more momentum as we keep pushing on the growth flywheel." Additional information regarding the rating changes can be found in the full report issued by Fitch. About CareTrustTM CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the US and internationally. More information about CareTrust REIT is available at Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as "anticipates," "believes," "expects," "intends," "will," "should," "may" and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. CareTrust assumes no obligation to update any such statements in the future. As used in this press release, unless the context requires otherwise, references to "CTRE," "CareTrust," "CareTrust REIT" or the "Company" refer to CareTrust REIT, Inc. and its consolidated subsidiaries. View source version on Contacts IR Contact CareTrust REIT, Inc.(949) 542-3130ir@ Error while retrieving data Sign in to access your portfolio Error while retrieving data

CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings
CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings

Business Wire

time28-05-2025

  • Business
  • Business Wire

CareTrust REIT Receives Investment Grade Rating Upgrade from Fitch Ratings

SAN CLEMENTE, Calif.--(BUSINESS WIRE)--CareTrust REIT, Inc. (NYSE:CTRE) ('CareTrust' or the 'Company') announced today that Fitch Ratings ('Fitch') has upgraded the Company's issuer default rating and issue-level ratings to BBB- with a stable outlook. 'This investment grade rating from Fitch is a strong validation of the progress we've made in building resilience in our portfolio and balance sheet, all while deploying roughly $2.5 billion in capital over the past 18 months in attractive seniors housing, skilled nursing, and UK care home investments,' said Dave Sedgwick, CareTrust's Chief Executive Officer. Mr. Sedgwick continued, 'This recognition reinforces our commitment to financial discipline, and we're grateful to our banking partners for their support in this endeavor. With the foundation of a strong credit profile, we are poised to build even more momentum as we keep pushing on the growth flywheel.' Additional information regarding the rating changes can be found in the full report issued by Fitch. About CareTrust TM CareTrust REIT, Inc. is a self-administered, publicly-traded real estate investment trust engaged in the ownership, acquisition, development and leasing of skilled nursing, seniors housing and other healthcare-related properties. With a portfolio of long-term net-leased properties spanning the United States and United Kingdom, and a growing portfolio of quality operators leasing them, CareTrust is pursuing both external and organic growth opportunities across the US and internationally. More information about CareTrust REIT is available at Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This press release may contain 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995. We may use words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'will,' 'should,' 'may' and similar expressions to identify forward-looking statements. Forward-looking statements are not guarantees of future performance and should not be relied upon in making any investment decision. Such statements are based on currently available operating, financial and competitive information and are subject to various risks and uncertainties that could cause actual results to differ materially from our historical experience and our present expectations. While we cannot identify all such risks and uncertainties, we urge you to read the risks discussed in our Annual Report on Form 10-K and other materials that we publicly file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are made only as of the date hereof. CareTrust assumes no obligation to update any such statements in the future. As used in this press release, unless the context requires otherwise, references to 'CTRE,' "CareTrust," 'CareTrust REIT' or the 'Company' refer to CareTrust REIT, Inc. and its consolidated subsidiaries.

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