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NFP’s Risk and Insurance Strategy Collective Welcomes Industry…

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NFP, a leading insurance broker and consultant that provides property and casualty (P&C), corporate benefits, retirement, and individual solutions, today announced that TJ Scherer has joined its Risk and Insurance Strategy Collective (RISC) as a senior captive consultant. RISC is a specialty practice within NFP that provides a comprehensive range of tech-forward alternative risk, captive consulting and ongoing captive management solutions. This addition reflects NFP’s focus on adding specialists that help clients overcome complex risk challenges, as well as their continued commitment to the captive industry.

Scherer joins NFP with over ten years of experience in the captive and tax space, specializing in complex captive design and management. Most recently, he worked as a consultant for Artex Risk Solutions, Inc., where he managed captive insurance companies while collaborating with and mentoring a team of industry professionals.

Scherer will work closely with Kara Tencellent and Tracy Stopford, managing directors and co-leaders of RISC, to drive domestic and international business development. Together they will also provide strategic captive consultation and planning to clients evaluating the utilization of a captive insurance company and those with existing captives. He will report to Tencellent.

“We are excited to have TJ join NFP and our RISC team,” said Tencellent. “He brings an innate ability to solve problems and develop solutions, expanding our ability to cultivate and grow strong strategic risk management relationships with our clients and help them overcome complex risk challenges.”

About NFP

NFP is a leading insurance broker and consultant providing specialized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,800 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest benefits broker by global revenue, 5th best place to work in insurance and 6th largest US-based privately owned broker (Business Insurance); 9th commercial lines agency by P&C commercial lines revenue and 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best’s Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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Source: https://www.prweb.com/releases/nfps_risk_and_insurance_strategy_collective_welcomes_industry_specialist_tj_scherer/prweb17896988.htm

OTC Newswire

WSGF Announces Cryptocurrency To Back Short-Term Rental Vacation Properties Available On Vaycaychella Alt Finance App

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Dallas, Texas, May 13, 2021 – OTC PR WIRE – World Series of Golf, Inc. (OTC Pink: WSGF) (“WSGF”) today announced its Caribbean Short-Term Rental Vacation Property Partner backed by WSGF’s alternative finance subsidiary, Vaycaychella, plans to introduce a cryptocurrency where buyers will able to participate in new vacation property acquisitions.

Vaycaychella has invested in a portfolio of beach properties operated as short-term vacation rentals by a partner that offers the vacation properties on sites to include Airbnb, VRBO and Booking.com.

Vaycaychella, prior to being acquired by WSGF, built a pilot alternative finance business for short-term rental vacation properties backing the portfolio of beach rentals in the Caribbean. Vaycaychella built a portfolio valued at $1.2 million.

Vaycaychella’s pilot was weighted with a social responsibility intent.  The majority of properties are located in Cuba and empower local entrepreneurs and create jobs.

Vaycaychella founders are excited about what their alternative finance services can do for empowering entrepreneurs in developing economies around the world, at the same time empowering entrepreneurs everywhere.

Vaycaychella has continued to expand its portfolio since coming under WSGF notably adding a Boutique Hotel in Havana, Cuba expected to be opening soon.

Later this month, Vaycaycehlla will launch of its Vaycaychella App.

In response to the sharing economy advances empowered by applications such as Airbnb and VRBO, that enable every property owner virtually anywhere in the world to generate income from renting a spare room to an entire vacation property, WSGF’s has endeavored to help more people become property owners by making real estate purchase finance more accessible through a Peer to Peer (P2P), Fintech, Alternative Short-Term Rental Purchase Finance Application (App).

Vaycaychella has built an application that enables entrepreneurs seeking investment to post their target property purchases and/or property renovation projects for consideration by private investors.  In addition to posting their project, the Vaycaychella app enables entrepreneurs to post their own personal profiles so investors can consider both the experience and character of the entrepreneur in addition to the fundamentals of the property or renovation project.

After a successful beta test of the Vaycaychella App, WSGF is skipping a second phase of the beta test and going straight to a production launch.  The feedback from the beta test has gone into an update of the App.  The company is now finalizing its customer support capabilities for the production launch.

When the Vaycaychella App launches, WSGF’s Caribbean Partner plans to list its first 10 target new properties in Cuba to restore and make short-term vacation rental properties.  WSGF’s Caribbean Partner plans to launch a cryptocurrency where funds raised will be used on the 10 target properties and holders of the cryptocurrency will be able to participate in the overall business operation surrounding the 10 target properties.  Look for more details on the cryptocurrency coming soon.

WSGF acquired Vaycaychella last year and made Vaycaychella its primary business focus.  WSGF is in the process of changing its name to reflect the new business focus.

WSGF recently released a comprehensive, overall business update in conjunction with its recently published FY2020 Annual Report.  Follow the link below to see the full update:

WSGF Update – Serving Future Airbnb and VRBO Operators

To learn more and keep up with the latest updates at Vaycaychella, visit  https://www.vaycaychella.com/. At the company website, you will find a blog with frequent industry publications on the short-term rental market in general, as well as entries specific to Vaycaychella.

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies’ contracts, the companies’ liquidity position, the companies’ ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

WSGF Contact:
William “Bill” Justice
bill@vaycaychella.com
(800) 871-0376

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Source: https://otcprwire.com/wsgf-announces-cryptocurrency-to-back-short-term-rental-vacation-properties-available-on-vaycaychella-alt-finance-app/

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UK’s Property Investment Marketplace CrowdProperty Launches Independent Australia Division

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Property investment marketplace CrowdProperty has reportedly launched its Australia-based division in order to support property development in the country.

David Ingram has been appointed as the Chief Executive for CrowdProperty’s business operations in Australia.

CrowdProperty has issued over £100 million in loans to UK-based property developers. As noted in the announcement, CrowdProperty Australia will be run as a separate or independent business unit (and won’t depend on CrowdProperty UK). The new venture reportedly has its own local investors and board of directors as well.

Mike Bristow, CrowdProperty UK CEO and CrowdProperty Australia board member, stated:

“The model that we have proven with great success in the UK is a perfect fit for the Australian market. We’re a company founded by people who have long experience developing property and working in the finance sector, built entirely around the customer.”

Ingram is notably the founder of Australia-based Fintech firm Split It. He will now be tasked with establishing a business that takes advantage of CrowdProperty UK’s technology stack and industry experience.

Ingram will be a part of a professional team including CrowdProperty CMO and Co-founder Ian Bell, COO and Director Tony Zulli. Ingram will also be working with Property Director Daniel He and Head of Marketing and Growth Jamie Millar.

Ingram remarked:

“We know that property developers can spend up to six months waiting to secure finance for a project, with lenders often changing the terms of the loan at the very last minute CrowdProperty can take that process down to a matter of a few weeks, with no hidden fees nor surprises that plague more traditional funding options. Our solution matches investor capital more directly to the developer using it to add value, enabling greater returns, meeting the major needs of both sides of the marketplace.”

As reported in March 2021, CrowdProperty had hired Rupert Lowe MRICS as Business Development Manager. Lowe joined alongside five other CrowdProperty appointments so far in 2021 and a total of 21 new appointments in the past 12 months since lockdown 1.0 began (as reported in March).

CrowdProperty stated, earlier this year, that significant growth in the team reflects strong origination, lending, and business growth through 2020, ever growing applications for property project finance. The investment platform says it is seeing over £250 million of funding applications received each month.

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Source: https://www.crowdfundinsider.com/2021/05/175305-uks-property-investment-marketplace-crowdproperty-launches-independent-australia-division/

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Crowdfunding

UK’s Prime Property Investment Platform CapitalRise has Returned Over £50M to Investors Since Inception

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CapitalRise, the dedicated prime property investment platform, revealed on Thursday (May 13, 2021) that it has managed to return over £50 million to investors since launching its operations.

According to a release shared with Crowdfund Insider, CapitalRise provided “an average return of 9.2 percent per annum.” The platform offers individuals and institutions with investment opportunities into projects across Prime London, in locations such as Mayfair, Belgravia, Knightsbridge, Chelsea and Notting Hill, and in Prime Home Counties locations including Surrey, Hampshire and Oxford.

As mentioned in the announcement, ensuring an “excellent” experience for investors is at “the heart” or at the core of CapitalRise’s business model. The “highly” experienced team of professionals in finance, technology and the prime property market take “a responsible approach to lending, applying a meticulous selection process to funding applications, including thorough due diligence and strong credit underwriting, to provide investment opportunities in high quality prime property developments,” the release noted.

The CapitalRise team explains that they “carefully structure” their property loans in order to withstand “adverse” market conditions. The platform’s investments have “continued to perform despite the impact of the pandemic,” the announcement confirmed.

Despite the negative impact and challenges created due to the Coronavirus crisis, the CapitalRise team reports that their platform managed to keep offering “outstanding prime development investment opportunities to its investors.”

As noted in the release, “headline” opportunities included investment in “a super-prime development in Kensington Park Gardens, and an attractive office-to-residential conversion in Holborn, Central London.”

During 2021, CapitalRise continues to provide investors with new opportunities in prime London and the prime home counties, “alongside making significant redemptions.” The platform has reportedly returned more than £16 million to investors during the last 4 months of 2021.

The London prime property market has “proved especially resilient during the pandemic and is now forecast for growth in 2021 and beyond,” the announcement revealed.

Uma Rajah, CapitalRise CEO and co-founder, remarked:

“We’re delighted to achieve this milestone which is testament to the quality of our loans, the quality of the prime property developers we work with and the quality of our own team of finance and prime property experts. Our meticulous selection process and carefully structured loans have ensured our investors have been rewarded with attractive average returns of 9.2% p.a. on average with zero investment losses or investment defaults.”

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Source: https://www.crowdfundinsider.com/2021/05/175307-uks-prime-property-investment-platform-capitalrise-has-returned-over-50m-to-investors-since-inception/

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Real Estate

St. Johns County Homeowners Discover They Are Eligible for Thousands…

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TrueRoll

TrueRoll

“The response from the taxpayers was immediate,” said St. Johns County Property Appraiser, Eddie Creamer. “Within just two weeks following the mailing, our office granted exemptions to over 100 homeowners.”

Nearly 100 of St. Johns County homeowners have learned they are eligible for significant property tax exemptions that have previously gone unclaimed, following a proactive campaign undertaken by the office of St. Johns County Property Appraiser Eddie Creamer, in partnership with TrueRoll.io.

The new initiative, launched in March, sought to tackle a key component of equitable tax payment in St. Johns County: ensuring that local homeowners — including low income, senior and military communities — are not overpaying their property taxes.

“Florida has generous homeowner exemption statutes, but these statutes can be complicated to wade through. Many homeowners may not have the resources or access to know that they qualify, and I have a responsibility to those individuals,” said Creamer. “Through our partnership with TrueRoll, we’re proud to be the first county in the U.S. to use data science practices to proactively identify and notify homeowners who may be eligible for tax savings.”

Exemptions can help reduce the taxable value of an individual’s home. For example, if a home has a taxable value of $150,000 and the owner receives a $50,000 exemption, the homeowner is taxed as if the home is valued at $100,000. Common exemptions include: Homestead, Low-Income Senior, Low-Income Senior Long Term, Disabled Veteran, and Deployed Military.

After partnering with TrueRoll to search through data records, the Property Appraiser’s Office identified more than 1,900 homeowners who could be eligible for property tax exemptions. A customized postcard was mailed to each homeowner in mid-March, detailing the specific exemptions they may qualify for and how to apply. “The response from the taxpayers was immediate,” said Creamer. “Within just two weeks following the mailing, our office granted exemptions to over 100 homeowners.”

The St. Johns County Property Appraiser first partnered with TrueRoll in 2019 to find a sustainable way to identify properties that were improperly claiming exemptions and to identify taxpayers who may qualify but were not receiving the exemption. St. Johns County has 148,000 residential parcels and 70,000 homestead exempt parcels; using TrueRoll, a data-driven solution to maintain accurate tax rolls, Creamer’s office identified more than 900 properties with unqualified exemptions and collected nearly $1 million in back taxes and penalties.

“TrueRoll is dedicated to a fair and equitable process, so we’re thrilled that this progressive initiative with the St. Johns County Property Appraiser’s Office not only uncovered unqualified exemptions and helped recover lost tax revenue, but has likewise been successful in finding individuals who could greatly benefit from an exemption they qualify for but have not yet claimed,” said Tyler Masterson, CEO of TrueRoll.

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About TrueRoll:

TrueRoll empowers governments to proactively maintain accurate property tax rolls by identifying both unqualified and unclaimed homestead exemptions using thousands of focused data sources, data science, and workflow automation. It’s the only homestead analysis solution built specifically to make appraisers’ and auditors’ jobs easier and outcomes more accurate and equitable. Learn more at TrueRoll.io.

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Source: https://www.prweb.com/releases/st_johns_county_homeowners_discover_they_are_eligible_for_thousands_of_dollars_in_property_tax_exemptions/prweb17931042.htm

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