Assurance

More Canadian companies experimenting with AI in financial reporting than their global peers, but lag in implementation

Retrieved on: 
수요일, 5월 8, 2024
Ecosystem, KPMG, AI, Hand, Artificial intelligence, Gen, Attention, Automation, Synthetic media, Privacy, Acquisition, Generative, Organization, Assurance, Audit

"The future of financial reporting is here and it's important to embrace it to enable the higher level of insights and transparency that companies and investors expect."

Key Points: 
  • "The future of financial reporting is here and it's important to embrace it to enable the higher level of insights and transparency that companies and investors expect."
  • While more Canadian companies are piloting the use of AI in financial reporting to test and learn, fewer have taken the step to implement the technology.
  • Although Generative AI is a relative newcomer, the survey finds Canadian companies are hurrying to implement it in financial reporting.
  • In the future, companies expect their auditors to play a much more important role in evaluating their use of AI in financial reporting.

Incognia Presents the Next-Generation Identity Signal for Preventing Promo Abuse and Combating Fraud at Two Premier Industry Events This Month

Retrieved on: 
월요일, 5월 6, 2024
Partner, Food, Conference, Tenderloin, San Francisco, Intelligence, Entrepreneurship, MRMC, Deepfake, Learning Technology Partners, SAN, Assurance

SAN JOSÉ, Calif., May 6, 2024 /PRNewswire-PRWeb/ -- Today, Incognia, the innovator in location identity solutions, announces it will be attending key industry events in May. The company will exhibit at Food on Demand on May 8-May 10 in Las Vegas and it will be one of the presenting sponsors of the Marketplace Risk Management Conference (MRMC) on May 14-16 in San Francisco.

Key Points: 
  • SAN JOSÉ, Calif., May 6, 2024 /PRNewswire-PRWeb/ -- Today, Incognia , the innovator in location identity solutions, announces it will be attending key industry events in May.
  • The online food delivery industry in the United States [generated approximately $287.5 billion, with approximately 44 million people reporting they used at least one food delivery app last year.
  • With that growing popularity comes the increase in bad actors and fraud committed on both the consumer and courier apps.
  • The session will discuss deepfakes, app cloners, emulators, virtualizers, image injection, and their impacts on fraud techniques such as fake accounts, voucher abuse, refund abuse, and identity fraud.

DAVID MONDRUS JOINS WHITE MOUNTAINS PARTNERS AS CHIEF FINANCIAL OFFICER AND FINANCIAL OPERATING PARTNER

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월요일, 5월 6, 2024
Financial management, KPMG, Partner, Finance, White, Partner (business rank), Family, KPMG LLP, WTM, White Mountains Insurance Group, Certified Public Accountant, Assurance

NEW YORK, May 6, 2024 /PRNewswire/ -- White Mountains Partners, a White Mountains operating company, announced today that David Mondrus has joined its founding team as Chief Financial Officer and Financial Operating Partner.

Key Points: 
  • NEW YORK, May 6, 2024 /PRNewswire/ -- White Mountains Partners, a White Mountains operating company, announced today that David Mondrus has joined its founding team as Chief Financial Officer and Financial Operating Partner.
  • Prior to joining White Mountains Partners, David was a Finance Director at The Riverside Company, a private equity firm focused on acquiring growing companies in the lower middle market.
  • John J. Daly, White Mountains Partners' CEO and Managing Partner, said, "We are excited to welcome David to our growing team.
  • White Mountains Partners is a wholly-owned business unit of White Mountains Insurance Group, Ltd. (NYSE: WTM) and provides first institutional capital to family, founder, and entrepreneur-owned businesses in the essential services, light industrial and specialty consumer sectors.

U-Haul Acquires 3rd Self-Storage Center in Decatur to Meet Demand

Retrieved on: 
월요일, 4월 29, 2024
Vet, U-Haul, Beltline, Growth, Environment, Assurance, Sightline Media Group, Veteran, Self storage

DECATUR, Ala., April 29, 2024 /PRNewswire/ -- U-Haul® has acquired the former Assured Storage® property at 2214 Beltline Road SW in Decatur to better meet the self-storage needs of Morgan County.

Key Points: 
  • DECATUR, Ala., April 29, 2024 /PRNewswire/ -- U-Haul® has acquired the former Assured Storage® property at 2214 Beltline Road SW in Decatur to better meet the self-storage needs of Morgan County.
  • It is operated remotely by parent store U-Haul at Beltline at 2002 Beltline Road SW, less than one mile away.
  • U-Haul Storage of Decatur sits on nearly two acres and features 246 self-storage units with high-end security features at affordable price points.
  • "We're grateful for the opportunity to continue serving the families of Decatur," said Brad Weston, U-Haul Company of Northern Alabama president.

Prudential Financial, Inc. Announces First Quarter 2024 Results

Retrieved on: 
화요일, 4월 30, 2024
Asset Management, Professional Services, Insurance, Finance, Corporation, Table, PRU, Term, Common, Policy, PGIM, Life, Growth, Prudential Financial, Loss, GAAP, Long-term care, Disability, Assurance

Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.

Key Points: 
  • Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.
  • PGIM, the Company’s global investment management business, reported adjusted operating income of $169 million for the first quarter of 2024, compared to $151 million in the year-ago quarter.
  • Businesses reported adjusted operating income of $839 million for the first quarter of 2024, compared to $760 million in the year-ago quarter.
  • Reported adjusted operating income of $441 million in the current quarter, compared to $396 million in the year-ago quarter.

AXCELIS WINS THE TEXAS INSTRUMENTS 2023 SUPPLIER EXCELLENCE AWARD

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화요일, 4월 23, 2024
Axcelis Technologies, Texas Instruments, Biophysical environment, Partnership, Quality, Social responsibility, Responsiveness, Worldwide, Cost, TI, Assurance

BEVERLY, Mass., April 23, 2024  /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, has received the Texas Instruments (TI) 2023 Supplier Excellence Award. The annual award honors companies whose dedication and commitment in supplying products and services meet TI's high standards for excellence. Recipients are an elite group of suppliers chosen for their exemplary performance in the areas of Cost, Environmental & Social Responsibility, Technology, Responsiveness, Assurance of Supply, and Quality.

Key Points: 
  • BEVERLY, Mass., April 23, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, has received the Texas Instruments (TI) 2023 Supplier Excellence Award.
  • The annual award honors companies whose dedication and commitment in supplying products and services meet TI's high standards for excellence.
  • "It is a tremendous honor for Axcelis to once again receive the Supplier Excellence Award from Texas Instruments," said Russell Low, Axcelis' President and Chief Executive Officer.
  • "This is the fifth time Axcelis has received this prestigious award over the last 11 years and is a testament to our dedication to customer collaboration and success, and our commitment to a strong partnership with Texas Instruments.

Hitachi Vantara Unveils Inaugural Sustainability Report, Reinforcing Key Sustainability Credentials and Commitments

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월요일, 4월 22, 2024
Carbon, Telekom, Communication, Equity, ISKCON Temple, Bangalore, Certification, Sustainability, Hitachi, Electricity, Social impact, BMW, Female, Environment, Allen County, Indiana, ESG, Diversity, Akshaya Patra Foundation, CO2, Digital divide, Student, VSP, Assurance, Renewable energy

SANTA CLARA, Calif., April 22, 2024 /PRNewswire/ -- Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501), today announced its inaugural Sustainability Report, showcasing the company's commitment to making sustainability a key foundation of its market-leading data infrastructure portfolio and demonstrating its ongoing dedication to environmental, social, and governance (ESG) principles. The report outlines the company's past and present initiatives, as well as the steps it is taking towards future sustainability innovation and operational excellence, underscoring Hitachi Vantara's commitment to driving positive change.

Key Points: 
  • Importantly, the report highlights the sustainability innovation, including CO2 reduction technology, that has been built into Hitachi Vantara's storage infrastructure portfolio for years.
  • The company has also set ambitious time-bound goals to enhance its ESG performance, demonstrating an ongoing commitment to sustainability leadership.
  • Sheila Rohra, CEO of Hitachi Vantara, emphasized, "Sustainability is not just a buzzword at Hitachi Vantara.
  • Hitachi Vantara has already been working with customers around the world to help them improve the efficiency and sustainability of their products, services, and operations.

Covered California Collaborates with Google Public Sector to Accelerate and Simplify Health Insurance Enrollment Using AI

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수요일, 4월 10, 2024
Cloud, Education, Attack, PII, AI, Google Cloud, Covered California, Machine learning, Document, Document AI, FedRAMP, Assurance, Documentation, Local government, LAS

SACRAMENTO, Calif., April 10, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS -- Covered California, California's health insurance marketplace, announced today that it is leveraging Google Cloud's AI solutions to help streamline the organization's efforts to provide California residents with affordable, quality health insurance.

Key Points: 
  • SACRAMENTO, Calif., April 10, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS -- Covered California , California's health insurance marketplace, announced today that it is leveraging Google Cloud's AI solutions to help streamline the organization's efforts to provide California residents with affordable, quality health insurance.
  • Once the solution is live in June, residents will be able to securely upload their documents through the Covered California online application and receive instant verification status, simplifying access to health insurance.
  • In 2013, 17.2 percent of the state's 39 million residents lacked access to basic health insurance.
  • Covered California launched a pilot program in 2023, with Google Cloud and Deloitte, to test the viability of Document AI.

Mark Batten Joins Assured Guaranty’s Board of Directors

Retrieved on: 
화요일, 2월 20, 2024
Finance, Accounting, Professional Services, Asset Management, Insurance, PwC, Real estate, Risk management, Guarantee, Currency crisis, Learning, Assured Investment Management, Private banking, Assurance, London Stock Exchange, Liquid, Independent Insurance, Westminster School, Management

Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Mark C. Batten has been appointed as a non-executive director to Assured Guaranty’s Board of Directors (Board).

Key Points: 
  • Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Mark C. Batten has been appointed as a non-executive director to Assured Guaranty’s Board of Directors (Board).
  • Mr. Batten will also continue to serve as the non-executive Chair of the board of directors of Assured Guaranty (UK) Limited (AGUK), Assured Guaranty’s U.K. insurance subsidiary.
  • “Mark Batten’s impressive professional background, along with his direct experience as a board member of AGUK, makes him an ideal addition to Assured Guaranty’s Board.
  • He brings a wealth of relevant experience to our Board,” added Dominic Frederico, President and CEO of Assured Guaranty.

Assurance IQ Chooses AgentSync to Provide Excellent Agent Experience

Retrieved on: 
목요일, 2월 8, 2024
Manual, Assurance, Insurance, Life, Health

DENVER, Feb. 8, 2024 /PRNewswire/ -- Assurance IQ and AgentSync have announced they will collaborate to transform the onboarding and management processes for hundreds of agents.

Key Points: 
  • DENVER, Feb. 8, 2024 /PRNewswire/ -- Assurance IQ and AgentSync have announced they will collaborate to transform the onboarding and management processes for hundreds of agents.
  • By engaging AgentSync's Manage product for a comprehensive system to manage compliance, onboarding, and producer data, Assurance IQ is optimizing its agent onboarding.
  • "A seamless experience for our agents is critical to ultimately providing a great customer experience," said Casey Hrvatin, Vice President of Agency Sales Operations at Assurance IQ.
  • Assurance IQ offers personalized guidance that makes finding and using insurance easier, including life, health, home, and auto insurance.