Allianz

Allianz Trade launches Allianz Trade pay, a new range of services fully dedicated to B2B e-commerce activities

Retrieved on: 
Wednesday, March 6, 2024

Allianz Trade pay provides simplicity, security, flexibility and competitiveness

Key Points: 
  • Allianz Trade pay provides simplicity, security, flexibility and competitiveness
    With its e-commerce credit insurance, Allianz Trade offers real-time coverage against non-payment risks to B2B marketplaces, BNPL1 providers and e-merchants.
  • As such, Allianz Trade launches Allianz Trade pay, a wide set of solutions dedicated to all e-commerce players, from credit insurance to instant financing and KYB processes.
  • The strength of Allianz Trade pay lays in the provision of complementary services, with frictionless integration to your payment pathway.
  • Allianz Trade pay brings simplicity, security, flexibility and competitiveness to the B2B e-commerce market,” states François Burtin, Global Head of e-commerce at Allianz Trade.

AlTi Tiedemann Global welcomes strategic investment of up to $450m from Allianz X and Constellation Wealth Capital

Retrieved on: 
Thursday, February 22, 2024

AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).

Key Points: 
  • AlTi Global, Inc. (NASDAQ: ALTI), a leading independent global wealth and alternatives manager with approximately $68 billion in combined assets, today announced a strategic investment of up to $450 million by Allianz X and Constellation Wealth Capital (“CWC”).
  • CWC, an investment advisory firm specializing in making investments in industry-leading wealth managers, will invest $150 million.
  • AlTi will use the capital principally to fund its mergers and acquisitions (“M&A”) pipeline and organic growth activities.
  • Michael Tiedemann, Chief Executive Officer of AlTi Tiedemann Global, said:
    “This investment accelerates AlTi’s trajectory to become the leading global independent UHNW wealth management platform, with strategic and targeted expertise in alternatives.

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.

United Kingdom Commercial Motor Insurance Market Dynamics and Opportunities: The Impact of Inflation and Emerging Technology, such as AI and Autonomous Vehicles

Retrieved on: 
Friday, March 8, 2024

DUBLIN, March 8, 2024 /PRNewswire/ -- The "United Kingdom (UK) Commercial Motor Insurance Market Dynamics and Opportunities 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 8, 2024 /PRNewswire/ -- The "United Kingdom (UK) Commercial Motor Insurance Market Dynamics and Opportunities 2023" report has been added to ResearchAndMarkets.com's offering.
  • It discusses the claims landscape in 2022, as well as the motor market and upcoming regulatory changes within insurance.
  • Future impactors in the market - including inflation and emerging technology, such as AI and autonomous vehicles - are also covered.
  • The UK commercial motor insurance market contracted by 0.3% from 2021 to 2022 to reach a value of GBP5.65 billion.

AXA XL appoints Anne Marie Elder as Global Chief Underwriting Officer, Specialty

Retrieved on: 
Thursday, February 8, 2024

HARTFORD, Conn., Feb. 8, 2024 /PRNewswire/ -- AXA XL has announced that Anne Marie Elder will take on the newly created role of Global Chief Underwriting Officer, Specialty, effective April 1.

Key Points: 
  • HARTFORD, Conn., Feb. 8, 2024 /PRNewswire/ -- AXA XL has announced that Anne Marie Elder will take on the newly created role of Global Chief Underwriting Officer, Specialty, effective April 1.
  • In her new role, Ms. Elder will collaborate with regional underwriting operations to set the strategic direction, and support business development, of AXA XL's collective Marine, Aerospace, and Specialty Niche portfolios, under a newly created Global Specialty branch, part of AXA XL's Global Chief Underwriting Office (GCUO).
  • The GCUO works with AXA XL's regional underwriting teams to support profitable growth, assisting with underwriting discipline, pricing, risk aggregation and global product strategy.
  • Ms. Elder currently serves as AXA XL's Global Chief Underwriting Officer, Marine.

EQS-News: Stabilus S.E.: Annual General Meeting approves a dividend of €1.75 per share and the election of an additional member of the Supervisory Board

Retrieved on: 
Wednesday, February 7, 2024

Koblenz, February 7, 2024 – The Annual General Meeting (AGM) of Stabilus S.E.

Key Points: 
  • Koblenz, February 7, 2024 – The Annual General Meeting (AGM) of Stabilus S.E.
  • The company will thus pay an unchanged dividend for the 2023 fiscal year (which ended on September 30, 2023) of €1.75 per share.
  • The Annual General Meeting also approved the agenda item relating to the expansion of the Supervisory Board from five to six members, and Susanne Heckelsberger was elected as a new member of the Supervisory Board.
  • The management consultant has been a member of the Supervisory Board of Villeroy & Boch AG since July 2020 and of Vitesco Technologies Group AG since September 2021.

Voya Financial announces fourth-quarter and full-year 2023 results

Retrieved on: 
Tuesday, February 6, 2024

Voya Financial, Inc. (NYSE: VOYA), announced today its fourth-quarter and full-year 2023 financial results:

Key Points: 
  • Voya Financial, Inc. (NYSE: VOYA), announced today its fourth-quarter and full-year 2023 financial results:
    Fourth-quarter 2023 net income available to common shareholders of $118 million, or $1.10 per diluted share, and after-tax adjusted operating earnings1 of $174 million, or $1.63 per diluted share.
  • Full-year 2023 results reflect record after-tax adjusted operating earnings in Health Solutions, expense discipline, and significant excess capital generation.
  • “Our fourth-quarter and full-year 2023 results demonstrate our commitment to execution; discipline in managing expenses while continuing to reinvest in our businesses; and the benefits of Voya’s diversified, capital-light business mix,” said Heather Lavallee, chief executive officer, Voya Financial.
  • This focus — along with the multiple ways we support our colleagues and communities — continues to set Voya apart in the marketplace.

Greenbacker announces new Chief Financial Officer, expands team with new Head of Infrastructure and Head of Capital Markets

Retrieved on: 
Thursday, February 1, 2024

Daniel De Boer, former Head of Renewables, Allianz Capital Partners of America, joins as Head of Infrastructure.

Key Points: 
  • Daniel De Boer, former Head of Renewables, Allianz Capital Partners of America, joins as Head of Infrastructure.
  • Carl Weatherley-White, former Advantage Capital Managing Director, joins as Head of Capital Markets.
  • Greenbacker also welcomes Daniel De Boer as Head of Infrastructure and Carl Weatherley-White as Head of Capital Markets.
  • As Managing Director & Treasurer at Hannon Armstrong Sustainable Infrastructure, he spearheaded the firm’s financial strategy and closed numerous bank and capital market transactions.

Cegedim: Revenues grew 10.9% in 2023

Retrieved on: 
Thursday, January 25, 2024

The Insurance BPO business posted stellar growth over the full year, chiefly owing to the start of its contract with Allianz on April 1, 2023.

Key Points: 
  • The Insurance BPO business posted stellar growth over the full year, chiefly owing to the start of its contract with Allianz on April 1, 2023.
  • Apart from the items cited below, to the best of the company’s knowledge, there were no events or changes during Q4 2023 that would materially alter the Group’s financial situation.
  • On November 30, 2023, Cegedim acquired a majority stake in Phealing, a start-up specializing in secure prescription drug delivery.
  • The webcast is available at: www.cegedim.fr/webcast
    The 2023 revenue presentation is available:
    And on the Cegedim IR smartphone app, available at https://www.cegedim.fr/finance/profil/Pages/CegedimIR.aspx

WTW appoints Jody Yee East Coast Leader for the Technology, Media & Telecommunications (TMT) Industry Division

Retrieved on: 
Monday, January 22, 2024

NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Jody Yee as the leader for the entire eastern US market for the Technology, Media, and Telecommunications (TMT) industry division within the Corporate, Risk, and Broking business in North America (CRB NA) for WTW.

Key Points: 
  • NEW YORK, Jan. 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Jody Yee as the leader for the entire eastern US market for the Technology, Media, and Telecommunications (TMT) industry division within the Corporate, Risk, and Broking business in North America (CRB NA) for WTW.
  • Yee will also serve as a Global Client Advocate (GCA) leading key relationships in the F1000 space that require specialized industry proficiency and sophisticated risk financing strategy.
  • Yee joins WTW after over 16 years with Allianz where his most recent role was Global Industry Solutions Director for TMT.
  • I am delighted to welcome Jody to the WTW team.” Yee will be based in New York.