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Insurance & Financial Services

Launch NY adds two board members to champion startup economy across upstate New York

BUFFALO, N.Y. — Launch NY, a nonprofit venture-development organization and community development financial institution (CDFI), recently announced the appointment of two business and community leaders to its board of directors — Ekua Mends-Aidoo and David Nasca. The pair are united by a common vision: driving innovation, opportunity, and economic prosperity through for promising startup businesses

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Abraham House

Abraham House establishes donor-advised fund and receives $1 million gift to expand end-of-life care services

UTICA, N.Y. — Abraham House — a nonprofit organization providing compassionate, end-of-life care at no cost to individuals with terminal illnesses — announced on Sept. 3 the creation of a donor-advised fund through the Community Foundation of Herkimer and Oneida Counties and the receipt of an anonymous $1 million donation. Abraham House says it will

Crewcial Partners

Community Foundation adopts new investment-management model

UTICA, N.Y. — The Community Foundation of Herkimer and Oneida Counties has implemented a new investment-management model, naming longtime consultant Crewcial Partners as its outsourced chief investment officer (OCIO). Based in New York City, Crewcial has worked with the Community Foundation for several decades, per a recent foundation announcement. The expanded partnership marks a new

Smith Brothers

Smith Brothers Insurance acquires independent Ithaca agency

ITHACA, N.Y. — Moscato & Associates of Ithaca is now under the ownership of Smith Brothers Insurance, LLC, a Connecticut–based firm with offices in Owego, Vestal, Waverly, and Albany. The deal closed on Aug. 1, Smith Brothers said in its Aug. 4 announcement. Moscato & Associates — an independent insurance agency specializing in employee benefits,

Excellus hires Centralus Health CEO for its chief healthcare services officer position

ROCHESTER, N.Y. — Excellus BlueCross BlueShield on Thursday named Dr. Martin Stallone executive VP, chief healthcare services officer of Excellus and its parent company, The Lifetime Healthcare Companies. He will start his new role on Dec. 1. Excellus is Central New York’s largest health insurer. Stallone is currently CEO of Centralus Health, a health-care system

Grants available for women-owned businesses in Oneida, Herkimer counties

CLINTON, N.Y. — Women–owned businesses in Oneida and Herkimer counties have until the end of September to apply for grant funding worth $5,000, with a total of five awards available. The Women’s Fund of Herkimer and Oneida Counties in cooperation with Baird Private Wealth Management and the Griffiss Institute are sponsoring the “Women Investing in

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