12th consecutive year Huntington has led SBA 7(a) loan originations within its footprint

COLUMBUS, Ohio, Oct. 8, 2020 /PRNewswire/ — Huntington (Nasdaq: HBAN; www.huntington.com) is the nation’s largest originator, by volume, of Small Business Administration (SBA) 7(a) loans for the third consecutive year at the close of SBA fiscal year 2020, further strengthening its position as the leader in supporting small businesses. This also marks the 12th year in a row Huntington has been the largest originator, by volume, of SBA 7(a) loans within its footprint.

This announcement follows Huntington’s recent efforts in supporting its customers by processing more than 38,000 Paycheck Protection Program loans across its footprint in 2020. These loans provided support to businesses during an extremely difficult time and further demonstrated the bank’s commitment to looking out for people.

“We believe small businesses are the lifeblood of our communities,” explained Steve Rhodes, Huntington’s Business Banking Director. “For more than a decade, we’ve been building and deepening our expertise helping small businesses navigate through every stage of owning a business, and this year, our customers depended on us more than ever before. We’re pleased to have earned the top spot again, but more importantly, to have assisted small businesses when they needed it most.”

“The pandemic helped shine a light on the importance of the Small Business Administration, and SBA loans will continue to be a great source of capital for a wide range of businesses going forward,” said Huntington’s SBA Program Director, Maggie Ference. “This is a year many will never forget, and we are so proud to have leveraged our expertise in supporting our small business customers by providing the right solution for customers at every stage.”

Last month, Huntington announced 24-Hour Grace® for Business and a no overdraft fee $50

Guidewire Software positioned highest for “ability to execute” and furthest for “completeness of vision”

Guidewire Software, Inc. (NYSE: GWRE), the platform general insurers trust to engage, innovate, and grow efficiently, today announced that it has been positioned as a Leader in Gartner, Inc.’s “Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe,1for the third consecutive year. Guidewire Software was again placed highest on both the ability to execute axis and furthest on the completeness of vision axis. A complimentary copy of the report can be viewed here.

This is the third year that Gartner has produced a Magic Quadrant for Non-Life Insurance Platforms, Europe. Gartner’s report evaluated 11 vendors in the general/Non-Life insurance space that have qualified for inclusion.

“Given the disruption that the insurance industry is experiencing, it is not enough to be a provider of modern core systems. A non-life-insurance platform vendor must not only demonstrate a high degree of business knowledge and relevant content across a range of LOBs, but also show non-life insurance IT and business leaders how it provides a broader platform for innovation for future digital business initiatives,” wrote Sham Gill, senior director analyst, and Manav Sachdeva, senior principal analyst, Gartner and co-authors of the report.

“Guidewire is honoured to be recognised by Gartner for the third consecutive year as a Leader in its Magic Quadrant for Non-Life Insurance Platforms, Europe,” said Keith Stonell, vice president, EMEA, Guidewire Software. “We are deeply committed to addressing the technology requirements of the Non-Life insurance industry and are setting the bar with our cloud-optimized platform that unifies digital, analytics, and the core. Our customers’ success is our top priority, and we view this recognition as a shared acknowledgment with the Guidewire community.”

1Gartner Magic Quadrant for Non-Life Insurance Platforms, Europe, Sham Gill, Manav Sachdeva,