AXA

AXA XL and Green Standards divert 123 tons of office waste from New York landfills

Retrieved on: 
Wednesday, April 3, 2024

NEW YORK, April 3, 2024 /PRNewswire/ -- When AXA XL, the specialty risk division of global insurer AXA, relocated offices in New York City's Financial District, it made the move without sending office waste to any landfill.

Key Points: 
  • NEW YORK, April 3, 2024 /PRNewswire/ -- When AXA XL, the specialty risk division of global insurer AXA, relocated offices in New York City's Financial District, it made the move without sending office waste to any landfill.
  • Thanks to a partnership with Green Standards , AXA XL diverted more than 98% of its furniture, fixtures, and equipment from landfills through resale, specialized recycling, and in-kind donations totalling $39,580 to seven NYC non-profit organizations and schools.
  • "Recognizing the potential for significant furniture waste, we partnered with Green Standards to ensure that our office assets were repurposed and donated to local community organizations.
  • "We're proud to help AXA XL implement circular workplace strategies in the heart of the financial district," said Trevor Langdon, CEO of Green Standards.

Contrast Security Named One of the Hottest Cybersecurity Companies in the 2024 Citizens JMP Securities LLC Cyber 66 Report

Retrieved on: 
Tuesday, April 2, 2024

LOS ALTOS, Calif., April 2, 2024 /PRNewswire/ -- Contrast Security (Contrast), provider of the industry's first Runtime Security Platform to automatically block attacks in production and prevent insecure programming early in development, today announced that it has been named one of the hottest global cybersecurity companies in this year's Cyber 66 report, curated by Citizens JMP, one of the country's top investment banks. This is the sixth consecutive year that Contrast and its innovative, unified Runtime Security Platform has been named to the annual report.

Key Points: 
  • This is the sixth consecutive year that Contrast and its innovative, unified Runtime Security Platform has been named to the annual report.
  • This year's JMP Cyber 66 report states, "[A] dominant theme in cybersecurity in 2023 was the notion of platformization/consolidation of the security tool stack.
  • "Contrast is honored to be recognized by Citizens JMP as one of the hottest cybersecurity companies," said Contrast Security CEO Rick Fitz.
  • The Citizens JMP Cyber 66 executive overview, including the Contrast Security listing, can be downloaded here .

NextLabs and Deutsche Telekom sign innovation agreement

Retrieved on: 
Wednesday, March 27, 2024

SAN MATEO, Calif., March 27, 2024 /PRNewswire-PRWeb/ -- NextLabs is expanding its extensive data-centric security expertise to the telecommunications industry, partnering with Europe's leading telecommunications provider, Deutsche Telekom. This strategic collaboration aligns with Deutsche Telekom's ongoing commitment to enhance its IT architecture and processes, where it is currently working to standardize internal data protection processes across applications.

Key Points: 
  • SAN MATEO, Calif., March 27, 2024 /PRNewswire-PRWeb/ -- NextLabs is expanding its extensive data-centric security expertise to the telecommunications industry, partnering with Europe's leading telecommunications provider, Deutsche Telekom.
  • Deutsche Telekom will benefit from the experience NextLabs has gained working with some of the largest global companies such as SAP, Siemens, Microsoft, Amazon, Accenture, Boeing, GE, Roche, DuPont, AXA, and the US Department of Defense.
  • To sustain and deepen the collaboration, Deutsche Telekom will join the NextLabs Product Advisory Board.
  • We express this commitment through our collaboration with NextLabs," said Dennis Kaps, Deutsche Telekom IT.

Insurance AI, Strategy & More at FOIUSA

Retrieved on: 
Tuesday, March 12, 2024

Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.

Key Points: 
  • Get registration sorted this week and save $400 on ticket prices - you'll be joining 100s of carriers in the Windy City.
  • Just last week we received bookings from Allianz, Liberty Mutual, Intact, Horace Mann, Kin Insurance, State Farm®, Prudential, Fremont Insurance, USAA, Pacific Specialty, Openly, United Educators & many more.
  • Quality over quantity: No hiding behind a huge attendee list - we're focused on bringing together an audience of insurance carriers, e.g.
  • Allstate, Travelers, AXA XL, Northwestern Mutual, CNA, Principal Financial, RLI Insurance, FM Global, Erie Insurance, Highmark Health, Group 1001, The Hanover, New York Life, The Hartford, Kin Insurance & many more.

Pacific Prime Chosen as WBN’s Preferred IPMI Provider

Retrieved on: 
Monday, February 19, 2024

International insurance brokerage Pacific Prime has been chosen as the preferred Individual Private Medical Insurance (IPMI) provider by the Worldwide Broker Network (WBN) after a rigorous due diligence process.

Key Points: 
  • International insurance brokerage Pacific Prime has been chosen as the preferred Individual Private Medical Insurance (IPMI) provider by the Worldwide Broker Network (WBN) after a rigorous due diligence process.
  • Over the years, Pacific Prime and WBN members have developed a strong partnership.
  • After extensive due diligence, we selected Pacific Prime as our preferred partner to deliver Individual Private Medical Insurance (IPMI) services to our members.
  • We have a long-standing, trusted relationship with Pacific Prime and know that we share the same high standards of delivery.”
    Neil Raymond, CEO of Pacific Prime responded: “This strategic partnership is a testament to the trust and assurance WBN has of our expertise in the IPMI market.

AXA XL's U.S. Mid-Market insurance business rolls out XL Plus, a GL broadening endorsement for mid-size businesses

Retrieved on: 
Monday, February 26, 2024

BOSTON , Feb. 26, 2024 /PRNewswire/ -- AXA XL's U.S. Mid-Market insurance business is extending its general liability coverage for mid-size businesses with its new XL Plus broadening endorsement offering more than two dozen expanded protections.

Key Points: 
  • BOSTON , Feb. 26, 2024 /PRNewswire/ -- AXA XL's U.S. Mid-Market insurance business is extending its general liability coverage for mid-size businesses with its new XL Plus broadening endorsement offering more than two dozen expanded protections.
  • According to Chris Fallon, Head of U.S. Mid-Market Product & Analytics, "Unexpected events –an on-site injury, a contract dispute, a costly lawsuit - impact businesses of all sizes.
  • That's why we are continuously reviewing our coverage to ensure it adequately addresses the constantly evolving risks our mid-size clients are facing.
  • The team currently underwrites private equity and general industry insurance business and is building a dedicated underwriting team to address mid-size construction businesses' insurance needs.

IICF Philanthropic Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives

Retrieved on: 
Thursday, February 22, 2024

LOS ANGELES, Feb. 22, 2024 /PRNewswire-PRWeb/ -- The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, hosted the 2024 IICF Philanthropic Roundtable today, gathering leaders from twenty-five major insurance organizations for a series of presentations on charitable giving and volunteerism in the insurance industry and initiatives focused on philanthropy, inclusion and sustainability topics. During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase, an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies. Please view the 2023 IICF Philanthropic Showcase here.

Key Points: 
  • During the 2024 Philanthropic Roundtable, IICF also released the 2023 IICF Philanthropic Showcase , an annual retrospective of global charitable contributions, volunteer projects and innovative leadership initiatives of IICF Key Partner Companies.
  • Kaufman Group, CNA, Ernst & Young LLP (EY US), Intact Insurance Specialty Solutions, Marsh, Munich Re US P&C Companies and Verisk presented at this unique event for philanthropic knowledge sharing.
  • "Each year, IICF is proud to bring together this extraordinary group of insurance industry leaders for the IICF Philanthropic Roundtable, and even more so in 2024 as we celebrate IICF's 30th anniversary and the industry's legacy of giving," said Bill Ross, CEO of IICF.
  • IICF also made several announcements at this year's Roundtable on 2024 initiatives, including:
    IICF's 30th Anniversary Celebration: IICF is celebrating thirty years of impact and the insurance industry's legacy of giving by raising funds for children struggling with hunger.

Neinor is set to pay a +40% dividend yield over 2024-25 - the highest of IBEX35 and STOXX600

Retrieved on: 
Wednesday, February 21, 2024

In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.

Key Points: 
  • In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.
  • According to its Strategic Plan (2023-27), over the coming 24-months, the developer expects to distribute €325mn to its shareholders (DPS: €4.34/sh) equivalent to a +40% yield, the highest on IBEX35 and Stoxx600.
  • According to Mario Lapiedra, Neinor Homes, CIO, "lessons from the GFC have been learned by households, banks and developers.
  • Furthermore, nowadays, the Spanish development market offers one of the best risk adjusted returns in the European Residential sector."

Neinor is set to pay a +40% dividend yield over 2024-25 - the highest of IBEX35 and STOXX600

Retrieved on: 
Wednesday, February 21, 2024

In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.

Key Points: 
  • In 2023, Neinor was recognized by Sustainalytics® as the world's listed developer with the lowest ESG risk for three years in a row.
  • Neinor published FY23 results delivering 2,559 homes and despite a backdrop of high interest rates and elevated inflation, recorded its highest margins ever with 29% and 23% gross margin and EBITDA, respectively.
  • According to its Strategic Plan (2023-27), over the coming 24-months, the developer expects to distribute €325mn to its shareholders (DPS: €4.34/sh) equivalent to a +40% yield, the highest on IBEX35 and Stoxx600.
  • According to Mario Lapiedra, Neinor Homes, CIO, "lessons from the GFC have been learned by households, banks and developers.

AI Company Document Crunch Secures $9 Million Series A to Propel Mission of Bringing Contract Intelligence to Construction Projects Everywhere

Retrieved on: 
Tuesday, February 13, 2024

ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Document Crunch, the construction industry’s leading contract intelligence platform, today announced it has raised a Series A funding round of $9M.

Key Points: 
  • ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Document Crunch, the construction industry’s leading contract intelligence platform, today announced it has raised a Series A funding round of $9M.
  • The round will also help to grow its team and further develop cutting-edge contract compliance solutions for project teams, who bear the responsibility of contract execution during construction.
  • Document Crunch continues to address these challenges head-on, providing construction professionals with the tools they need to review contracts efficiently and accurately.
  • A major focus of this Series A will center around Document Crunch bringing its technology deeper into projects as jointly announced with Procore in late 2023 .