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EDGEWATER, NJ, September 27, 2021 (GLOBE NEWSWIRE) – NuAxess Inc. of Quad M Solutions Inc. (OTCPink: MMMM) has entered into a business agreement with Mammoth Life and Reinsurance LLC. (www.mammothlife.com). Mammoth is a modern, data-driven front-line operator platform that provides accessible and inclusive insurance products and solutions to the US market. Mammoth creates solutions for uninsured / underinsured insurance markets through its technologies and data-driven processes that provide unique access to untapped markets with enhanced pricing and risk control capabilities. Mammoth is a national insurance and reinsurance company and the only MBE (Minority Business Enterprise) certified insurance company in the United States. Quad M Solutions Inc.’s staffing solution is perfectly designed for Mammoth customers. Collectively, the companies will target the large and growing market of independent contractors and GIG workers which encompasses more than 2 million MBE.
Mr. Joseph Frontiere, CEO of Quad M solutions Inc. said, “This is a game-changing deal for Quad M. It not only allows the company to advertise and sell our solutions as the solution. Most cost-effective comprehensive medical insurance through traditional insurance channels, but allows us to team up with highly experienced insurance professionals who use cutting-edge technology to identify new markets and expand traditional markets. We are excited to partner with the only MBE certified medical insurance platform in the United States and believe Mammoth’s growth trajectory will be among the steepest in the insurance industry. We expect Quad M’s growth to represent a significant percentage of Mammoth’s business â€
Mr. Paul Ford, Co-Founder and President of Mammoth Life and Reinsurance LLC. said, “As we are a modern insurance company focused on using the best leading edge technologies, Quad M’s proprietary insurance technology suite for the recruiting industry is very attractive. We intend to focus on large uninsured / underinsured markets including PEOs (Professional Associations of Employers) which target small businesses, large businesses using PEOs and over 2 million MBE companies. We are proud to work with Quad M and believe our partnership will hyper-accelerate the growth of each business.
About Mammoth Life and Reinsurance LLC.
Mammoth Life & Reinsurance Company is a company inspired by the legacy of The Mammoth Life & Accident Insurance Company, established in Louisville, KY in 1915. Harnessing the power of data science, machine learning and AI, Mammoth Life & Reinsurance Company leads the way in reinsurance investments that secure human capital and strengthen the sustainability of the business as an MBE certified business. The company focuses on innovative reinsurance structures that mitigate the risk of large companies that tightly manage SG&A spend through the Mammoth Risk Management data platform that all of our clients and partners access to continuously monitor and underwrite risks. The company is not only committed to being a good corporate citizen, but also to leading the way as a thoughtful corporate partner participating in community engagement and philanthropy.
About Quad M Solutions, Inc.
Quad M Solutions, Inc., is a public holding company providing self-funded health plans, staffing services, human resources human resources, payroll services, pension, supplement and accident insurance. work for small and medium-sized group employers with 1-500 employees, and the explosion of essential workers “Gig Economyâ€, a labor market characterized by the prevalence of short-term contracts or self-employment, not permanent jobs . The four subsidiaries of our Company, NuAxess 2, Inc., PrimeAxess, Inc., OpenAxess, Inc. and PrimeAxess 2, SARL are important in conveying who we are and what we do.
We strive to provide these employers and individuals with the right tools to be able to manage and control all facets of their health care experience and their eventual health outcomes. Prevention, wellness and remedies are now part of our corporate mission with people who want to manage and control their short and long term health care needs.
Our self-insurance programs are consumer-driven and technology-driven and, in and of itself, self-insurance is affordable, transparent, and tailored to the health care and retirement needs of employees seeking benefits. better quality, integrated health information and a better health care provider. access and results.
For more information, please visit: QuadMSolutions.com and NuAxess.com.
Forward-looking statements:
Statements in this document that are not historical facts are forward-looking statements within the meaning of federal securities laws (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). You can identify such forward-looking statements by the words “expects”, “intends”, “plans”, “plans”, “believes”, “believes”, “,,” “opportunity”, “objective”, “target”, “assume”, “prospect”, “direction”, “predict”, “appear”, “indicator” and similar expressions. Forward-looking statements involve a number of risks and uncertainties. In the ordinary course of business, Quad M Solutions, in order to help keep our shareholders and the public informed of our transactions, may from time to time issue such forward-looking statements, either orally or in writing. Generally, such statements relate to business plans or strategies, projected or anticipated benefits or other consequences of such plans or strategies, or projections involving revenues, profits, profits, prices, operating expenses or To other aspects of anticipated operating results. We base forward-looking statements on our expectations, estimates and projections at the time such statements are made. These statements are not guarantees of future performance and involve risks and uncertainties which we cannot predict. In addition, we have based many of these forward-looking statements on assumptions about future events which may prove to be incorrect. The actual results of future events described in these forward-looking statements could differ materially from those stated in these forward-looking statements.
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