Aviva

Burford Capital, PLI Press Publish Comprehensive Reference on Commercial Legal Finance

Retrieved on: 
Thursday, November 2, 2023
England and Wales, Burford Capital, Aviva, Mechanics, Patent, Practising Law Institute, Lawyer, Cryptocurrency, Practice of law

NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Global legal finance company Burford Capital announces the release of a new book providing an indispensable overview of the industry and practical introductions to the use of commercial litigation and arbitration finance in key jurisdictions worldwide.

Key Points: 
  • NEW YORK, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Global legal finance company Burford Capital announces the release of a new book providing an indispensable overview of the industry and practical introductions to the use of commercial litigation and arbitration finance in key jurisdictions worldwide.
  • Published by PLI Press, a division of Practising Law Institute, Commercial Legal Finance addresses key questions about legal finance structures, pricing, and mechanics, providing a step-by-step overview of the process for obtaining legal finance.
  • Covering key jurisdictions including the US, England & Wales, Europe, Asia, and Australia, the book addresses ethical considerations for litigants and lawyers, key considerations for commercial litigation, patent litigation and arbitration financing, and a legal finance glossary of terms.
  • “In-house counsel with responsibility for litigation and arbitration, as well as law firm practitioners advising clients in this area, can benefit from a comprehensive reference to the commercial legal finance industry that offers practical guidance on the mechanics of litigation and arbitration finance in key jurisdictions and practice areas around the world,” says David Perla, Co-Chief Operating Officer at Burford Capital, who co-edited the treatise with Co-Chief Operating Officer Aviva Will and Burford’s Suzanne Butters.

FS-ISAC Announces UK Strategic Subsidiary Board

Retrieved on: 
Wednesday, October 25, 2023
United Kingdom, Intelligence, Business, HSBC, Global Defence Force, Intercontinental Exchange, Growth, Aviva, Risk management, Cyber Safety Review Board, Risk, United Security Bancshares, AI, Communication, Arms industry, Airline

LONDON, Oct. 25, 2023 /PRNewswire/ -- FS-ISAC, the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, today announced the formation of its UK Strategic Subsidiary Board.

Key Points: 
  • LONDON, Oct. 25, 2023 /PRNewswire/ -- FS-ISAC , the member-driven, not-for-profit organisation that advances cybersecurity and resilience in the global financial system, today announced the formation of its UK Strategic Subsidiary Board.
  • It is an honor to lead the new Board in the fight against cyber threats to the financial sector," said Bivolaku.
  • "Our creation of a formalised Subsidiary Board in the UK allows for more focused local governance in a key membership hub."
  • Join the new UK Strategic Subsidiary Board at FS-ISAC's 2023 EMEA Summit in Amsterdam, 6-8 November 2023.

Arta Finance Officially Opens to all Qualified Investors, Announces $100 Million in Member Assets

Retrieved on: 
Wednesday, October 18, 2023
Nuveen, Vista, Tax, Venture capital, Microsoft, Federal Reserve, 401(k), MetLife, LLM Communications, Research, Geography, Federal, Artificial intelligence, Environment, Trust, Aviva, Accredited investor, ETF, Samita, Private equity, Fiduciary Trust Company International, Apple, Life, Investment, TPG, AMPS, Sales, Cryptocurrency, Financial services, Tutoring

MOUNTAIN VIEW, Calif., Oct. 18, 2023 /PRNewswire/ -- Arta Finance, a fintech company transforming the way people grow, protect and enjoy their wealth, today announced it has officially opened its digital family office platform to all qualified investors in the US. Arta came out of stealth in late 2022 after raising over $90 million and started onboarding members through an invite-only program earlier this year. Since then, Arta has significantly expanded its product offering, and hired industry leaders to scale the platform in the U.S. and beyond. Members have trusted Arta to manage more than $100 million on their behalf and are deepening their engagement with the platform to create better financial futures for themselves and their families.

Key Points: 
  • Arta came out of stealth in late 2022 after raising over $90 million and started onboarding members through an invite-only program earlier this year.
  • The increasing divide in wealth indicates continued inequality in wealth-generating opportunities – what Arta terms the 'financial superpowers' – for the vast majority of people.
  • Arta Finance addresses this by providing access to investment opportunities and financial strategies typically only available to the ultra-wealthy via family offices and private banks.
  • Arta Finance is currently available to individuals who meet the SEC definition of either Accredited Investor, Qualified Purchaser, or Qualified Client.

CNO Financial Group Names Michellen Wildin Senior Vice President and Chief Accounting Officer

Retrieved on: 
Monday, October 16, 2023
CAO, NYSE, Retirement, EY, Certified Public Accountant, University, Micki, Aviva, CNO, CNO Financial Group, McDonough, University of Northern Iowa, Kline, Executive Committee, Management, New York Life Insurance Company

CARMEL, Ind., Oct. 16, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) has named Michellen Wildin senior vice president of accounting effective October 23, 2023, and chief accounting officer (CAO) effective January 1, 2024.

Key Points: 
  • CARMEL, Ind., Oct. 16, 2023 /PRNewswire/ -- CNO Financial Group, Inc. (NYSE: CNO) has named Michellen Wildin senior vice president of accounting effective October 23, 2023, and chief accounting officer (CAO) effective January 1, 2024.
  • Wildin most recently served as senior vice president, financial planning and analysis at F&G Annuities & Life, Inc., where she was a member of the company's Executive Committee.
  • Previously, she held executive leadership positions at New York Life, including serving as vice president, corporate budget and expense analytics and chief financial officer of NYL Direct.
  • "John has served as chief accounting officer since 2002 and his leadership has greatly contributed to CNO's strong financial position today," said McDonough.

First-in-Canada solution boosts rental affordability for tenants

Retrieved on: 
Wednesday, October 4, 2023
Aviva Canada, RRSP, Pressure, Developer, Partnership, Aviva, Tenant, Renting

The partnership aligns with Aviva Canada's commitment to bring value through innovative solutions to partners.

Key Points: 
  • The partnership aligns with Aviva Canada's commitment to bring value through innovative solutions to partners.
  • The RentHaven product1 replaces traditional cash deposits with a bond guaranteed by Aviva.
  • Through RentHaven's technology platform, tenants pay only a small monthly fee, freeing up cash for things like buying furniture, RRSP contributions or other moving expenses.
  • While common in the U.S., U.K., and Europe, there are currently no rent deposit alternatives in the Canadian market.

AM Best Assigns Credit Ratings to Aviva Insurance Limited

Retrieved on: 
Thursday, September 28, 2023
Insurance, Professional Services, AM Best, Life, ALL, Credit, Superior, AM, Growth, News, AIL, Aviva

AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa-” (Superior) to Aviva Insurance Limited (AIL) (United Kingdom).

Key Points: 
  • AM Best has assigned a Financial Strength Rating of A+ (Superior) and a Long-Term Issuer Credit Rating of “aa-” (Superior) to Aviva Insurance Limited (AIL) (United Kingdom).
  • AIL is a wholly owned subsidiary of Aviva plc (Aviva) (United Kingdom), the non-operating holding company of the Aviva group.
  • The ratings of AIL reflect its strategic importance and deep integration to Aviva as a leading provider of non-life insurance in the United Kingdom.
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Corebridge Financial to Sell UK Life Insurance Business to Aviva plc

Retrieved on: 
Monday, September 25, 2023
Professional Services, Legal, Insurance, Finance, Consulting, Banking, Slate, Life, AIG, Sale, Gibraltar, Skadden, Arps, Slate, Meagher & Flom, Isle, American International Group, Retirement, NYSE, UK Life League, Financial adviser, Aviva, Corebridge Financial

Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva plc for a total consideration of £460 million in cash.

Key Points: 
  • Corebridge Financial, Inc. (NYSE: CRBG) today announced that it has entered into a definitive agreement to sell its UK life insurance business (operating as AIG Life Limited), to Aviva plc for a total consideration of £460 million in cash.
  • Since acquiring the UK Life business in 2014, we have built a well-established provider of life insurance, critical illness and income protection products in the UK.
  • We look forward to working closely with Aviva to ensure a smooth transition for employees, customers and distribution partners.”
    AIG Life Limited is the life insurance arm of Corebridge Financial in the UK, Channel Islands, Isle of Man and Gibraltar.
  • The business provides financial and practical support for individuals, families and businesses when illness or injury threatens their life, lifestyle or livelihood.

Kong Unveils Speakers and Agenda for API Summit 2023

Retrieved on: 
Wednesday, August 30, 2023
Mercedes-Benz, Aviva, Imperva, Vanguard, DocuSign, Synthetic media, API, SeatGeek, General partnership, Organization, Andreessen Horowitz, Cisco, Kong Inc., McAfee, Architecture, Artificial intelligence, Wipro, Improved Turbine Engine Program, Growth, AI, Rabobank, Infosys, AWS, Conference, Fine chemical, Medical device, Nordstrom, Netflix

SAN FRANCISCO, Aug. 30, 2023 /PRNewswire/ -- Kong Inc., a leading developer of cloud API technologies, announced today the agenda and speaker line-up for its sixth annual API Summit, which will take place virtually on Sept. 28-29, 2023.

Key Points: 
  • API Summit 2023 (formerly known as Kong Summit) is an event focused on exploring the next generation of API and microservices innovation and real-world solutions to the biggest challenges facing builders and businesses today.
  • API Summit 2023 is free with registration .
  • "API Summit 2023 is a chance for technology leaders, developers and architects to look ahead and prepare for the challenges and opportunities coming around APIs and microservices."
  • The all-virtual 2023 API Summit Hackathon will be focused on API innovation using artificial intelligence.

More Canadians are enjoying the dual benefits of working hybrid

Retrieved on: 
Wednesday, August 23, 2023
Aviva Canada, Canada, Insurance, Leisure, Housing, Aviva, Leger, Face, Wildfire, COVID-19, Research, Carbon, Report, Flood, SUV, Tornado, Climate, Weather, Ageing, Transport, Environment, Safety, Motorcycle, Tourism

The 2023 Aviva How We Live Report shows that fewer Canadians are now working from home permanently (19%) than was the case in 2022 (27%), while more people are working hybrid a few days each week, at 29 per cent currently compared to 25 per cent a year ago.

Key Points: 
  • The 2023 Aviva How We Live Report shows that fewer Canadians are now working from home permanently (19%) than was the case in 2022 (27%), while more people are working hybrid a few days each week, at 29 per cent currently compared to 25 per cent a year ago.
  • Also, more Canadians say they are appreciating the ability to balance work and home priorities without compromising work culture.
  • Still, progress towards better protecting Canadians from severe climate-related weather events is slow, with 46% of Canadians saying they may or may not consider making such renovations.
  • The report found that one-in-four Canadians (24%) asked their insurance representative or insurance company about flood zone risks before choosing their current home; while among younger Canadians ages 18-34, one-in-three asked this climate-related question.

Homely Secures Investment from UST to Launch Innovative Homebuyer Platform

Retrieved on: 
Thursday, August 10, 2023
Birkin, Insurance, Partnership, Housing, Aviva, Fortune 500, Health, Ian Bell (CEO), CBRE, Global 2000, Mortgage loan, Digital technology, Knowledge, CIO, UST, Cryptocurrency, Management, Sales, Ogre You Asshole

The funding will help Homely complete the development of its tech platform and launch its innovative proposition to the market, including activating a number of partnerships with established and trusted brands.

Key Points: 
  • The funding will help Homely complete the development of its tech platform and launch its innovative proposition to the market, including activating a number of partnerships with established and trusted brands.
  • UST will be an integral strategic partner for Homely as the team navigates the UK property market and delivers innovative solutions for renters and homeowners.
  • Steven Ward, Chief investment Officer – Steven was previously the CEO of HSBC Alternative investment Limited.
  • Homely's digital platform will be live and available for consumers to access by the end of 2023.