Latest news with #TravisLewis
Associated Press
6 days ago
- Business
- Associated Press
Path2College 2024 Newborn Sweepstakes Winner Announced
ATLANTA--(BUSINESS WIRE)--Jul 18, 2025-- Georgia's Path2College 529 Plan announced today that a Mableton baby, Sinclair Lewis, has won the 2024 Path2College Newborn Sweepstakes. Born at Northside Hospital in December 2024, Sinclair will receive a $5,529 contribution to his Path2College 529 plan. Since launching in 2011, the Newborn Sweepstakes has awarded nearly $77,000 to 14 Georgia recipients. This press release features multimedia. View the full release here: Georgia's Path2College 529 Plan announced today that a Mableton baby, Sinclair Lewis, has won the 2024 Path2College Newborn Sweepstakes. Born at Northside Hospital in December 2024, Sinclair will receive a $5,529 contribution to his Path2College 529 plan. Since launching in 2011, the Newborn Sweepstakes has awarded nearly $77,000 to 14 Georgia recipients. 'Sinclair has been beating odds since the day he was born. He made his entrance into the world 10 weeks early — he was small but mighty at 2.7 lbs. During his time in the Neonatal Intensive Care Unit, he surprised everyone with his strength and determination,' said Sinclair's parents, Travis and Lindsay Lewis. 'That same spirit continues to shine in everything Sinclair does today, whether it's reaching milestones ahead of schedule, or this incredible scholarship opportunity. We are so very proud of him and grateful for this moment. It's an amazing jumpstart to our child's path toward higher education.' 'We offer our congratulations to our 2024 Newborn Sweepstakes winner, Sinclair Lewis, and his family. We are proud to help contribute to his educational journey,' said Georgia State Treasurer Steve McCoy. The Path2College 529 Plan has expanded the 2025 Newborn Sweepstakes from one winner to two to help more parents, grandparents, and guardians prioritize early financial planning for college and K-12 expenses*. 2025 NEWBORN SWEEPSTAKES ENTRY NOW OPEN Visit for official rules and prize details. No purchase necessary, void where prohibited by law. The Newborn Sweepstakes is sponsored by the Path2College 529 Plan. For more information about the Path2College Plan or to open an account, please visit or call (877) 424-4377. *K-12 withdrawals are limited to $10,000 per year for K-12 tuition. Withdrawals for tuition expenses at a public, private or religious elementary, middle, or high school can be withdrawn free from federal and Georgia income tax. If you are not a Georgia taxpayer, these withdrawals may include recapture of tax deduction, state income tax as well as penalties. You should consult with a qualified professional about how tax provisions affect your circumstances. To learn more about Georgia's Path2College 529 Plan ('Plan'), its investment objectives, risks, charges and expenses see the Plan Description at before investing. Read it carefully. Investments in the Plan are neither insured nor guaranteed and there is the risk of investment loss. TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributor and underwriter for the Path2College 529 Plan. 4580372. View source version on CONTACT: Path2College media contacts: Melissa Sanders | Meredith Fletcher | Mitch Leff [email protected] KEYWORD: UNITED STATES NORTH AMERICA GEORGIA INDUSTRY KEYWORD: FAMILY FINANCE CONSUMER TRAINING PRESCHOOL OTHER EDUCATION PROFESSIONAL SERVICES CONTINUING UNIVERSITY PRIMARY/SECONDARY PARENTING EDUCATION CHILDREN BABY/MATERNITY SOURCE: Path2College 529 Plan Copyright Business Wire 2025. PUB: 07/18/2025 10:27 PM/DISC: 07/18/2025 10:27 PM
Yahoo
11-07-2025
- Business
- Yahoo
SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support
Eleventh Gateway Re issuance indicates strong investor support for the series and SageSure, the seventh top catastrophe bond sponsor globally JERSEY CITY, N.J., July 11, 2025--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and its carrier partners Auros Reciprocal Insurance Exchange ("Auros") and Elevate Reciprocal Exchange ("Elevate") announced the close of the Gateway Re Series 2025-3 catastrophe bond at $100 million in nearly half the typical placement timeline. With more than $2.1 billion in cumulative notional limit including this issuance, the SageSure-supported Gateway Re series has secured SageSure's spot as the seventh top catastrophe bond sponsor in the world as of this date in terms of total notional outstanding. Following Auros' inaugural catastrophe bond deal in April, the latest issuance achieved strong execution with lowered and narrowed price guidance, indicating investor confidence in the Gateway Re franchise. "SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs," said Terrence McLean, President and CEO of SageSure. "We are grateful for the investor support that enables greater protection against peak perils and greater capacity in the catastrophe-exposed states we serve." The Gateway Re 2025-3 Class A notes will provide protection across a single hurricane season for cedants Auros and Elevate in Louisiana, Mississippi, South Carolina, and Texas. "Auros is honored to partner with SageSure to strengthen the protection of our programs and our policyholders," said Travis Lewis, CEO of Auros Risk Management. "We are grateful for the ILS market's confidence and look forward to the responsible growth this issuance will support." Ed Konar, President of Elevate Risk Management, added, "We are excited by the positive response from the investor community to this catastrophe bond placement. Capital markets continue to enhance the resilience of our reinsurance program." As with previous Gateway Re transactions, Swiss Re Capital Markets acted as the sole structuring agent and bookrunner for the transaction. "We are proud to have partnered with SageSure, Auros, and Elevate in the successful execution of the eleventh Gateway Re catastrophe bond issuance," said Jean-Louis Monnier, CEO of Swiss Re Capital Markets Corporation. "The overwhelming support from investors for a transaction announced later in the issuance season is a testament to the trust that investors have in SageSure's differentiated approach to underwriting, claims, and risk management." About SageSureSageSure is one of the largest managing general underwriters focused on catastrophe-exposed property in the US. Dedicated to serving producers and carrier partners, SageSure provides highly differentiated residential and commercial solutions, innovative service and claims management, and market-leading buying experiences. A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 850,000 policyholders, and manages more than $2.5 billion of inforce premium. For more information, visit About AurosAuros Reciprocal Insurance Exchange (Auros) creates differentiated experiences and customized solutions for coastal homeowners. Managed by a team of seasoned industry leaders who ensure alignment with policyholder interests, Auros brings competitive pricing, outstanding protection, and catastrophe risk expertise to the markets it serves, including Louisiana, Mississippi, and Texas. Exclusively available through SageSure, Auros is expanding to meet the high demand for its solutions while maintaining the strong financial outlook indicated by its rating of A, Exceptional, by Demotech, Inc. To learn more, visit About ElevateElevate Reciprocal Exchange (Elevate) delivers industry-leading protection for coastal homeowners, providing customizable coverage, competitive rates, and high-quality service throughout the policy lifecycle. Exclusively distributed through Goosehead in partnership with SageSure, Elevate serves regions where reliable coverage is needed most, including Louisiana, South Carolina, and Texas. Elevate is rated A, Exceptional, by Demotech, Inc., indicating the necessary financial stability to protect its policyholder members. To learn more, visit View source version on Contacts Media Contact: Walker Sandssagesure@
Business Wire
11-07-2025
- Business
- Business Wire
SageSure and Auros Close $100 Million Catastrophe Bond with Broad Market Support
JERSEY CITY, N.J.--(BUSINESS WIRE)--SageSure, one of the largest managing general underwriters focused on catastrophe-exposed markets, and its carrier partners Auros Reciprocal Insurance Exchange ('Auros') and Elevate Reciprocal Exchange ('Elevate') announced the close of the Gateway Re Series 2025-3 catastrophe bond at $100 million in nearly half the typical placement timeline. With more than $2.1 billion in cumulative notional limit including this issuance, the SageSure-supported Gateway Re series has secured SageSure's spot as the seventh top catastrophe bond sponsor in the world as of this date in terms of total notional outstanding. SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs. Share Following Auros' inaugural catastrophe bond deal in April, the latest issuance achieved strong execution with lowered and narrowed price guidance, indicating investor confidence in the Gateway Re franchise. 'SageSure's position as one of the leading global catastrophe bond sponsors demonstrates the strategic role of ILS markets in our carrier partners' reinsurance programs,' said Terrence McLean, President and CEO of SageSure. 'We are grateful for the investor support that enables greater protection against peak perils and greater capacity in the catastrophe-exposed states we serve.' The Gateway Re 2025-3 Class A notes will provide protection across a single hurricane season for cedants Auros and Elevate in Louisiana, Mississippi, South Carolina, and Texas. 'Auros is honored to partner with SageSure to strengthen the protection of our programs and our policyholders,' said Travis Lewis, CEO of Auros Risk Management. 'We are grateful for the ILS market's confidence and look forward to the responsible growth this issuance will support.' Ed Konar, President of Elevate Risk Management, added, 'We are excited by the positive response from the investor community to this catastrophe bond placement. Capital markets continue to enhance the resilience of our reinsurance program.' As with previous Gateway Re transactions, Swiss Re Capital Markets acted as the sole structuring agent and bookrunner for the transaction. 'We are proud to have partnered with SageSure, Auros, and Elevate in the successful execution of the eleventh Gateway Re catastrophe bond issuance,' said Jean-Louis Monnier, CEO of Swiss Re Capital Markets Corporation. 'The overwhelming support from investors for a transaction announced later in the issuance season is a testament to the trust that investors have in SageSure's differentiated approach to underwriting, claims, and risk management.' About SageSure SageSure is one of the largest managing general underwriters focused on catastrophe-exposed property in the US. Dedicated to serving producers and carrier partners, SageSure provides highly differentiated residential and commercial solutions, innovative service and claims management, and market-leading buying experiences. A leader in catastrophe risk underwriting and exposure management, SageSure operates in 16 states, protects more than 850,000 policyholders, and manages more than $2.5 billion of inforce premium. For more information, visit About Auros Auros Reciprocal Insurance Exchange (Auros) creates differentiated experiences and customized solutions for coastal homeowners. Managed by a team of seasoned industry leaders who ensure alignment with policyholder interests, Auros brings competitive pricing, outstanding protection, and catastrophe risk expertise to the markets it serves, including Louisiana, Mississippi, and Texas. Exclusively available through SageSure, Auros is expanding to meet the high demand for its solutions while maintaining the strong financial outlook indicated by its rating of A, Exceptional, by Demotech, Inc. To learn more, visit About Elevate Elevate Reciprocal Exchange (Elevate) delivers industry-leading protection for coastal homeowners, providing customizable coverage, competitive rates, and high-quality service throughout the policy lifecycle. Exclusively distributed through Goosehead in partnership with SageSure, Elevate serves regions where reliable coverage is needed most, including Louisiana, South Carolina, and Texas. Elevate is rated A, Exceptional, by Demotech, Inc., indicating the necessary financial stability to protect its policyholder members. To learn more, visit
