Aviva

Tech Week Singapore Reveals Brand-New Summit for Data and AI Leaders

Retrieved on: 
Tuesday, March 28, 2023

SINGAPORE, Mar 28, 2023 - (ACN Newswire) - Tech Week Singapore, an award-winning event by CloserStill Media, has unveiled Data & AI Leaders' Summit, a new invite-only event for data, analytics, and AI professionals taking place at Marina Bay Sands on 27 April 2023.

Key Points: 
  • SINGAPORE, Mar 28, 2023 - (ACN Newswire) - Tech Week Singapore, an award-winning event by CloserStill Media, has unveiled Data & AI Leaders' Summit, a new invite-only event for data, analytics, and AI professionals taking place at Marina Bay Sands on 27 April 2023.
  • The brand-new Data & AI Leaders' Summit is expertly designed to inspire business leaders and data experts with actionable advice and practical tools to help overcome data silos, poor data quality, and skills shortages that prevent successful adoption of these transformative technologies.
  • Events like the Data & AI Leaders' Summit present boundless opportunities for business leaders to spearhead the latest digital frontier," said Neil Halliday, APAC Director for the Data, Analytics & Artificial Intelligence Portfolio at CloserStill Media.
  • Tickets for the Data & AI Leaders' Summit are completely complimentary for senior leaders.

Aviva UK Recommits to Partnership with Majesco to Improve Underwriting Profitability and Risk Mitigation Tactics

Retrieved on: 
Thursday, March 16, 2023

Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced Aviva UK, the UK’s leading insurance, wealth, and retirement business, has renewed its partnership with Majesco.

Key Points: 
  • Majesco, a global leader of cloud insurance platform software for insurance business transformation, today announced Aviva UK, the UK’s leading insurance, wealth, and retirement business, has renewed its partnership with Majesco.
  • Aviva UK currently uses Majesco Loss Control and Majesco GuideStream to drive intelligent insights and enhance loss control data collection.
  • Aviva UK is the UK’s leading insurance, wealth and retirement business operating in the UK, Ireland, and Canada.
  • “Digital loss control solutions and embedded, real-time data and analytics are key enablers to expand risk assessments that can transform underwriting, enhance customer experiences and improve profitability.”

Nick Major Joins Berkshire Hathaway Specialty Insurance as Country Manager, UK

Retrieved on: 
Monday, January 23, 2023

Berkshire Hathaway Specialty Insurance (BHSI) today announced it has appointed Nick Major to the position of Country Manager, BHSI UK.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced it has appointed Nick Major to the position of Country Manager, BHSI UK.
  • With Nick’s leadership, we will further strengthen our team and accelerate our momentum in bringing sustainable insurance solutions to market,” said Chris Colahan, Head of UK and Europe, BHSI.
  • Prior to Aviva, he spent nearly 15 years in increasingly senior positions, including Chief Underwriting Officer, at Zurich Insurance in London.
  • Berkshire Hathaway Specialty Insurance ( www.bhspecialty.com ) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.

Quantum-Si and Aviva Systems Biology Partner to Co-Develop Sample Preparation Kits for Protein Sequencing

Retrieved on: 
Monday, January 9, 2023

This partnership seeks to co-develop protein enrichment kits to enable deep interrogation of proteins of interest and their variants (proteoforms) through protein sequencing.

Key Points: 
  • This partnership seeks to co-develop protein enrichment kits to enable deep interrogation of proteins of interest and their variants (proteoforms) through protein sequencing.
  • The co-developed products will include immunoprecipitation kits that fit into existing research workflows to conveniently enrich target proteins prior to amino acid mutation or post-translational modification (PTM) analysis with Quantum-Si’s PlatinumTM protein sequencing platform.
  • "This partnership brings together unique capabilities from Quantium-Si and Aviva Systems Biology that will accelerate new discoveries in protein research," said Kevin Harvey, President of Aviva.
  • "Speeding up new discoveries is a shared goal at Quantum-Si and Aviva Systems Biology, and we are excited to partner with Quantum-Si to drive proteomics research forward."

WTW announces election of three new Board Directors

Retrieved on: 
Thursday, December 8, 2022

The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.

Key Points: 
  • The Board made these selections as part of its multi-year succession planning process, utilizing the assistance of a leading search firm.
  • Each has decided not to stand for re-election in light of other commitments and in furtherance of the Board succession plan.
  • Paul Thomas, WTW Board Chair, said: “On behalf of the Board, I would like to welcome our three new Directors and to thank Brendan and Linda, our two outgoing Directors, for the many years of dedicated service that they have given WTW.
  • At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital.

Clearspeed Launches Surge to Quickly and Accurately Assess Claims Risk for Catastrophic Events

Retrieved on: 
Wednesday, December 14, 2022

As a unique and automated way to help identify and triage risk, Clearspeed Surge helps insurers quickly and confidently process large claim volumes during catastrophic, weather-based events.

Key Points: 
  • As a unique and automated way to help identify and triage risk, Clearspeed Surge helps insurers quickly and confidently process large claim volumes during catastrophic, weather-based events.
  • By fast-tracking low-risk customers, Clearspeed Surge improves customer satisfaction while freeing skilled adjusters to focus on higher value claims.
  • During a surge event, call volumes can increase more than 50x, with the risk of opportunistic claims fraud growing exponentially for insurance carriers.
  • Clearspeed Surge provides short, simple, and automated questionnaires that detect risk with greater than ninety-seven percent accuracy.

AM Best Affirms Credit Ratings of Santa Lucía S.A. Compañía de Seguros y Reaseguros

Retrieved on: 
Friday, December 9, 2022

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Santa Luca S.A. Compaa de Seguros y Reaseguros (Santaluca) (Spain).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of a (Excellent) of Santa Luca S.A. Compaa de Seguros y Reaseguros (Santaluca) (Spain).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

DataArt Partners with Invesco to Deliver Successful Model Portfolio Services Application and Extend Footprint in the Financial Sector

Retrieved on: 
Tuesday, December 6, 2022

Basecamp is a sophisticated and user-focused application that simplifies complex workflows to enable users to spend more time with their customers.

Key Points: 
  • Basecamp is a sophisticated and user-focused application that simplifies complex workflows to enable users to spend more time with their customers.
  • Unlike other model portfolio platforms, Invescos solution does not charge for advisory models; clients pay only the OCFs (Ongoing Charge Figures) of the underlying funds, the associated platform charge, and advisory fees.
  • The application is available here: https://www.invesco.com/mps/en/mps.html , with new features in the pipeline which will be available early next year.
  • Invesco Ltd. is a global independent investment management company with its headquarters in Atlanta, Georgia, and additional branch offices in 20 countries.

Arbol's Parametric Catastrophe Reinsurance Solution Delivers One of the First Payouts for Hurricane Ian Damages

Retrieved on: 
Tuesday, December 6, 2022

NEW YORK, Dec. 6, 2022 /PRNewswire/ -- Arbol Inc. (Arbol), a global climate risk solutions platform, today announced the parametric reinsurance solution it developed covering hurricane risks in the state of Florida delivered a $10 million payout to Centauri Insurance, a property and casualty insurer operating in nine U.S. states. The payout was executed on October 21, just three weeks after Hurricane Ian departed the U.S. in one of the first payouts for loss or damage attributed to Hurricane Ian.

Key Points: 
  • The payout was executed on October 21, just three weeks after Hurricane Ian departed the U.S. in one of the first payouts for loss or damage attributed to Hurricane Ian.
  • Insurance carriers exposed to named storms can obtain a fully collateralized reinsurance solution developed by Arbol that pays out based on predefined, objective parameters.
  • The company developed a parametric reinsurance product covering hurricane risks in Florida and other U.S. states.
  • The parametric loss is calculated at individual policy location level and the payout is based on a reinsurance layer protecting the entire portfolio.

New Aviva program invests $3 million for EV chargers in under-served communities

Retrieved on: 
Monday, December 5, 2022

Assessing those most in need, Aviva Canada will assist, in cooperation with the local municipality and utility supplier, to help level the playing field and remove barriers to EV adoption.

Key Points: 
  • Assessing those most in need, Aviva Canada will assist, in cooperation with the local municipality and utility supplier, to help level the playing field and remove barriers to EV adoption.
  • This program will make a difference in communities where EV adoption isn't currently viewed as a realistic option," said Aviva CEO Jason Storah.
  • A new survey commissioned by Aviva found a direct correlation between awareness and availability of EV charging infrastructure and Canadians' confidence and readiness to transition to electric vehicles.
  • Through Aviva's new program with Earth Day Canada Charged for Change communities can self-identify their need for EV charging stations and apply for funding to receive 6-10 Level 2 chargers for their community.