Quad M Solutions Inc. Launches Stayput Insurance Inc. to Offer Innovative Insurance Products to Encourage Workers to Save for Retirement.
Quad M Solutions Inc. Launches Stayput Insurance Inc. to Offer Innovative Insurance Products to Encourage Workers to Save for Retirement.
Garland, TX, March 31, 2023 (GLOBE NEWSWIRE) -- Quad M Solutions, Inc. (OTC: MMMM) is pleased to announce the launch of its new subsidiary, Stayput Insurance Inc., to offer innovative insurance products for the burgeoning GIG economy worker and for corporations and municipalities across the nation to help address the critical labor shortage.
A recent survey conducted by the National League of Cities found that the negative impact on quality of life due to social chaos coupled with the lingering effects of the pandemic are leading over 60% of municipal employees to consider early retirement. Private corporations are also experiencing severe labor shortages caused by the early retirement of senior employees. A report by the Boston College Center for Retirement Research estimated that the labor shortage resulting from early retirements will cost the U.S. economy $3.3 trillion in lost output over the next two decades.
Stayput Insurance Inc. is a 51% owned subsidiary of Quad M Solutions Inc., with Mr. Yakov Kogan serving as President of the new venture. Stayput Insurance's products are specifically designed to address these critical labor issues by encouraging senior workers nearing retirement to extend their employment by an additional five years thereby providing both the employee and their employer with mutual financial benefits. The company's products allow municipalities and corporations to buy an annuity product that enhances pension payments, thereby incentivizing workers to delay their retirement and help municipalities and corporations retain their most experienced workers to bridge the talent gap. For the GIG economy worker, products such as Indexed Universal Life plans will be offered to encourage individuals to begin investing in their own future and financial security.
"We are thrilled to launch Stayput Insurance Inc. and offer innovative insurance products that benefit not only the burgeoning GIG economy workers but also for those workers nearing retirement and their employers," commented Kogan.
"Our products will help address the challenging issues faced by municipalities and corporations, while also ensuring that experienced workers receive the financial incentives they deserve for extending their employment." He explained.
Quad M Solutions is also excited to announce that Sheila F. Gaylor, a highly respected 45-year industry veteran, will be joining Stayput Insurance as a Strategic Advisor to provide guidance and oversite of the various insurance product verticals. Mrs. Gaylor has recently joined the elite team of producers at Keyes Coverage after over three decades of independent insurance agency ownership on the Space Coast of Florida.
Keyes Coverage, headquartered in Tamarac, FL has been operating in Florida since 1975, growing to one of the largest privately held, independent insurance agencies in the state. In 2022 Keyes Coverage became a strategic Platform Partner with Keystone Agency Partners (KAP) currently the 2nd-fastest growing independent insurance brokerage in the U.S., providing best-in-class services nationwide.
This statement contains forward-looking statements within the meaning of the federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). These forward-looking statements involve a number of risks and uncertainties that may cause actual results to differ materially from those stated in such statements.
Please note that statements made in this document that are not historical facts may use words such as "expects," "intends," "plans," "projects," "believes," "estimates," "likely," "possibly," "probably," "goal," "opportunity," "objective," "target," "assume," "outlook," "guidance," "predicts," "appears," "indicator," and similar expressions to describe potential outcomes. Such statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving anticipated revenues, earnings, profits, pricing, operating expenses or other aspects of operating results.
We base the forward-looking statements on our expectations, estimates, and projections at the time such statements are made. However, these statements are not guarantees of future performance and involve risks and uncertainties that we cannot predict. Additionally, we have based many of these forward-looking statements on assumptions about future events that may prove to be inaccurate.
We caution investors and other interested parties that these forward-looking statements are subject to a number of risks and uncertainties, including those described in our filings with the Securities and Exchange Commission. We undertake no obligation to update any forward-looking statements made in this document, except as required by law.
Please be advised that the actual results of the future events described in such forward-looking statements could differ materially from those stated in such forward-looking statements. Therefore, investors and other interested parties should carefully consider the risks and uncertainties associated with these forward-looking statements before making any investment decisions.
About Quad M Solutions, Inc.
Quad M Solutions, Inc., is a public holding company that offers self-funded health plans, staffing services, HR-human resources, payroll services, retirement, supplemental and workers compensation insurance to small and mid-sized group employers with 1-500 employees, and to the exploding essential worker "Gig Economy," a labor market that is characterized by the prevalence of short-term contracts or freelance work, not permanent jobs. Our Company's four subsidiaries, NuAxess 2, Inc., PrimeAxess, Inc., OpenAxess, Inc. and PrimeAxess 2, are important in conveying who we are and what we do.
We strive to provide those employers and individuals the right tools to be able to manage and control all the facets in their healthcare experience and their eventual health outcomes. Prevention, wellness, and cures have become part of our corporate mission to individuals who want to manage and control their short and long-term healthcare needs.
Our self-insured programs are consumer-driven and technology-leveraged and, by itself, self-insurance is affordable, transparent and responsive to the healthcare and retirement needs of employees who are looking for higher quality benefits, integrated health information and better medical provider access and outcomes.
For additional information, please visit: QuadMSolutions.com and NuAxess.com.
Investor relations number 877-367-9199
環球通訊社德克薩斯州加蘭德,2023年3月31日電Quad M Solutions,Inc.(場外交易代碼:MMM)高興地宣佈推出其新的子公司Stayput Insurance Inc.,為蓬勃發展的零工經濟工作者以及全國各地的公司和市政當局提供創新的保險產品,以幫助解決嚴重的勞動力短缺問題。
全國城市聯盟最近進行的一項調查發現,社會混亂對生活質量的負面影響,加上疫情的揮之不去的影響,導致超過60%的市政僱員考慮提前退休。由於高級員工提前退休,私營企業也面臨著嚴重的勞動力短缺。波士頓學院退休研究中心的一份報告估計,提前退休導致的勞動力短缺將在未來20年給美國經濟造成3.3萬億美元的產出損失。
Stayput保險公司是Quad M Solutions Inc.持有51%股份的子公司,雅科夫·科根擔任新合資公司的總裁。Stayput保險公司的產品是專門為解決這些關鍵的勞工問題而設計的,鼓勵即將退休的高級工人將他們的僱傭期限再延長五年,從而為僱員和他們的僱主提供共同的經濟利益。該公司的產品允許市政當局和企業購買年金產品,以增強養老金支付,從而激勵工人推遲退休,並幫助市政當局和企業留住最有經驗的工人,以彌補人才缺口。對於零工經濟工作者,將提供指數化環球人壽計劃等產品,以鼓勵個人開始投資於自己的未來和財務安全。
“我們很高興能推出Stayput保險公司,並提供創新的保險產品,不僅讓新興的零工經濟工人受益,也讓那些即將退休的工人和他們的僱主受益,”Kogan評論道。
我們的產品將幫助解決市政當局和公司面臨的挑戰性問題,同時還確保有經驗的工人因延長就業而獲得他們應得的經濟獎勵。“他解釋說。
Quad M Solutions還興奮地宣佈,擁有45年行業從業經驗的希拉·F·蓋勒將加盟Stayput保險公司,擔任戰略顧問,為各種保險產品垂直市場提供指導和現場指導。蓋勒夫人最近加入了凱斯保險公司的精英制片人團隊,此前她在佛羅裡達州太空海岸擁有獨立保險機構超過30年的所有權。
凱斯保險公司總部設在佛羅裡達州塔瑪拉克市,自1975年以來一直在佛羅裡達州開展業務,現已發展成為該州最大的私人持股獨立保險機構之一。2022年,Kyes Coverage成為Keystone Agency Partners(KAP)的戰略平臺合作夥伴,目前發送-美國增長最快的獨立保險經紀公司,在全國範圍內提供一流的服務。
本聲明包含符合聯盟證券法(1933年證券法第27A條和1934年證券交易法第21E條)定義的前瞻性陳述。這些前瞻性陳述涉及許多風險和不確定因素,這些風險和不確定因素可能導致實際結果與這些陳述中陳述的大不相同。
請注意,本文檔中所作的非歷史事實陳述可以使用諸如“預期”、“打算”、“計劃”、“專案”、“相信”、“估計”、“可能”、“目標”、“機會”、“目標”、“目標”、“假設”、“展望”、“指導”、“預測”、“出現”、“指標”、“和類似的表達來描述潛在的結果。此類陳述涉及業務計劃或戰略、計劃或預期收益或此類計劃或戰略的其他後果,或涉及預期收入、收益、利潤、定價、運營費用或經營結果的其他方面的預測。
我們以作出前瞻性陳述時的預期、估計和預測為基礎作出前瞻性陳述。然而,這些陳述不是對未來業績的保證,涉及我們無法預測的風險和不確定因素。此外,我們的許多前瞻性陳述都是基於對未來事件的假設,這些假設可能被證明是不準確的。
我們提醒投資者和其他相關方,這些前瞻性陳述會受到許多風險和不確定性的影響,包括我們提交給美國證券交易委員會的檔案中描述的風險和不確定性。除法律要求外,我們沒有義務更新本文件中所作的任何前瞻性陳述。
請注意,此類前瞻性表述中所描述的未來事件的實際結果可能與此類前瞻性表述中所述的結果大相徑庭。因此,投資者和其他相關方在做出任何投資決定之前,應仔細考慮與這些前瞻性陳述相關的風險和不確定性。
Quad M解決方案公司簡介
Quad M Solutions,Inc.是一家上市控股公司,為擁有1-500名員工的中小型集團僱主和爆炸式增長的基本工人“零工經濟”提供自籌資金的醫療計劃、人事服務、人力資源、薪水單服務、退休、補充和工人補償保險。零工經濟是一個勞動力市場,其特點是普遍存在短期合同或自由職業者,而不是永久工作。我們公司的四個子公司,NuAxess2,Inc.,PrimeAxess,Inc.,OpenAxess公司和PrimeAxess2,在傳達我們是誰和我們所做的事情方面很重要。
我們努力為這些僱主和個人提供正確的工具,以便能夠管理和控制他們的醫療保健體驗和最終健康結果的方方面面。預防、健康和治療已成為我們對希望管理和控制其短期和長期醫療需求的個人的企業使命的一部分。
我們的自我保險計劃是消費者驅動和技術槓桿的,自我保險本身是負擔得起的、透明的,並回應員工的醫療和退休需求,這些員工尋求更高質量的福利、集成的健康資訊以及更好的醫療服務提供者渠道和結果。
欲瞭解更多資訊,請訪問:QuadMSolutions.com和NuAxess.com。
投資者關係電話:877-367-9199
譯文內容由第三人軟體翻譯。
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