- New LEH Insurance Group website leverages expertise, coverage options and commitment to direct-sales sector
- SigmaPay delivers a comprehensive enterprise solution designed specifically for companies in the direct-selling industry
- Company is committed to providing premier enterprise-level solutions for every aspect of customer needs
As part of the launch of its new Shared Services Platform (https://ibn.fm/dCsIY), Sharing Services Global (OTCQB: SHRG) has made two key announcements. The company unveiled its Leading Edge Holdings (“LEH”) Insurance Group website (https://ibn.fm/FWKPm) and its new payment-processing company, SigmaPay (https://ibn.fm/rjjFp).
“We are thrilled to embark on this strategic partnership with Leading Edge Holdings Insurance Group,” said Sharing Services CEO John “JT” Thatch. “This collaboration allows us to leverage their industry expertise, expansive coverage options and commitment to tailored solutions to the direct-selling sector. By integrating LEH’s offerings into our service portfolio, we can better cater to the diverse needs of our clients, enhancing their overall risk management strategy.
“LEH’s dedication to innovation and its customer-centric approach aligns seamlessly with SHRG’s core values,” Thatch continued. “Together, the companies will focus on developing customized insurance solutions that address emerging risks and evolving market trends. By combining their respective strengths, Sharing Services Global Corporation and LEH aim to provide enhanced value and peace of mind to their mutual clients.”
According to the announcement, LEH has built an impressive reputation as an insurance provider offering comprehensive commercial and consumer coverage across multiple U.S. states. The new website allows the two companies to partner in leveraging invaluable expertise and resources to focus on developing and customizing optimal insurance solutions designed specifically for direct-selling industry clients.
Specifically, the announcement noted that SHRG can now offer a range of comprehensive coverage options designed to specifically address the unique risks and challenges faced by its clients, including protecting assets, mitigating liability and safeguarding against unforeseen events.
In addition, Sharing Services has added a powerful, full-service payment-processing company to its new Shared Services Platform. SigmaPay delivers a comprehensive enterprise solution designed specifically for companies in the direct-selling industry.
“At Sharing Services, our goal is to provide premier enterprise-level solutions for every aspect of our customers’ needs,” said Thatch. “SigmaPay is one of the key components of our Shared Services Platform, which also includes consulting and financial services for insurance, logistics and even mobile apps. Our Shared Services Platform incorporates the absolute highest-caliber solutions for the companies we partner with.”
Making the most of SHRG’s streamlined technology, SigmaPay delivers cost-effective, integrated payment-processing services that include everything from point-of-sale, virtual and mobile transactions to 3D secure fraud protection — all with competitive transactional rates.
“The launch of SigmaPay is a significant part of the company’s business reorganization plan that will not only reduce our dependency on the sale of health and wellness products but will also generate a sustainable revenue stream that is critical to our ability to improve our overall operating margin,” said Sharing Services chief financial officer Anthony S. Chan. “Companies in the direct sales business need a dependable and cost-effective payment-processing system. Our SigmaPay system is robust and flexible, and we believe it will be a real game changer for our target customers, which include early-stage companies in direct sales.”
Sharing Services Global Corporation is a publicly traded, diversified company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The Sharing Services combined platform leverages the capabilities and expertise of various companies that market and sell products direct to the consumer.
For more information, visit the company’s website at www.SHRGInc.com.
NOTE TO INVESTORS: The latest news and updates relating to SHRG are available in the company’s newsroom at http://ibn.fm/SHRG
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