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ADEC Innovations

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FedNat Insurance Company

On September 27, 2022, FedNat Insurance Company ("FNIC") was placed into receivership by the Florida Office of Insurance Regulation (OIR). The Florida Department of Financial Services (DFS) now has authority over FNICs operations; including bank accounts. A copy of the Liquidation Order for FedNat Insurance Company is available on the Departments website, www.myfloridacfo.com/division/receiver. The Department is currently gathering claim files and claim data to forward the information to applicable GAs. As a result, there may be a slight delay in claim processing during this transitional period. The Departments website, www.myfloridacfo.com/division/receiver, will be updated as appropriate regarding the claim transfer process. A Guaranty Association ("GA") is a nonprofit corporation statutorily created to provide a mechanism for the payment of policy related loss claims and unearned premium when an insurance company is liquidated. For more information, you can find specific information about your states Guaranty Association at: Alabama Insurance Guaranty Association - 205-823-4042 Florida Insurance Guaranty Association - https://figafacts.com/ Georgia Insurers Insolvency Pool – https://www.gaiga.org Louisiana Insurance Guaranty Association - https://www.laiga.org/ Mississippi Insurance Guaranty Association - https://ms-miga.com/ South Carolina Property and Casualty Insurance Guaranty Association - http://www.scguaranty.com/ Texas Property and Casualty Insurance Guaranty Association - http://www.tpciga.org/ For information on a bounced check or the time it will take to receive a replacement check contact the Department at 1-800-882-3054 or online at http://myfloridacf

Grant Thornton España

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Phoenix Flavors & Fragrances

Phoenix Flavors & Fragrances is a leading developer and manufacturer of customized flavors and fragrances, with over two decades of experience in the industry. The company is dedicated to delivering high-quality, artisanal products that help clients innovate and stay competitive. Phoenix collaborates closely with its customers to create bespoke solutions, ensuring that each product meets the highest standards of quality and performance. Based in New Jersey, Phoenix employs between 501 and 1000 people and has a strong regulatory team and advanced quality assurance laboratories. This enables the company to maintain compliance with industry regulations and adapt to changing consumer preferences. In 2022, Phoenix expanded its capabilities by acquiring Innovative Fragrances, enhancing its offerings in the home fragrance, personal care, candles, and air fresheners markets. The company serves a diverse range of brands across various sectors, including food, beverages, and personal care.