Issue link: https://nebusinessmedia.uberflip.com/i/1529898
V O L . X X X N O. X X V I I D E C E M B E R 2 , 2 0 2 4 4 A division of New England Business Media LLC C E O / GROUP PUBLISHER Peter Stanton P R E S I D E N T Tom Curtin DIGITAL DIRECTOR Jan Holder PUBLISHER Andrea Tetzlaff EDITOR Peter Van Allen MANAGING EDITOR / DIGITAL OPERATIONS William Hall SENIOR WRITERS Renee Cordes Laurie Schreiber STAFF WRITER / SOCIAL MEDIA STRATEGIST Alexis Wells CONTRIBUTING WRITERS Mark Jeanneret Carrie Yardley RESEARCH DIRECTOR Stephanie Meagher RESEARCH ASSISTANT Heide Martin ART DIRECTOR Matt Selva HOSPITALITY Buster HOSPITALITY EMERITUS Malcolm, Zoey SENIOR ACCOUNT MANAGERS Ken Hanson, Kerry Rasor, Betsy VanderPloeg ACCOUNT EXECUTIVE Michelle Phillips EVENTS & MARKETING DIRECTOR Samantha Elliott OPERATIONS AND ADMINISTRATIVE MANAGER Allison Spies AUDIENCE DEVELOPMENT SPECIALIST Leah Allen C O N T E N T S CFOs on call In Maine and beyond, demand grows for 'fractional' finance chiefs 12 16 Waterfront businesses tackle climate change As storms worsen, property owners are having mixed success with their insurance options 22 25 More than digital banking With apps and online banking, what's the role of the local bank branch? How To 3 questions to ask when selecting your benefits provider B A N K I N G / F I N A N C E / I N S U R A N C E F O C U S I N D U S T R Y T H U M B N A I L O N PA G E 1 1 ยป Proudly Supporting Our Communities Since 1827 sbsavings.bank | (207) 284-4591 At CourseStorm in Orono, CEO Brian Rahill says the education-focused startup finds value in working with a fractional CFO. P H O T O / C O U R T E S Y O F M A C H I A S S AV I N G S B A N K F I L E P H O T O / J I M N E U G E R F I L E P H O T O / DAV I D C L O U G H Hugh Reynolds, of Greenhead Lobster in Stonington, says neither flood nor standard commercial insurance covered the cost of repairing or replacing fixed structures built over the water. He's seen here in 2019. 16 12 22 Jay Hood, chief banking officer of Machias Savings Bank.