Zurich Insurance Group

MJV Innovation to Sponsor InsureTech (ITC) Vegas

Retrieved on: 
Friday, October 20, 2023

ATLANTA, Oct. 20, 2023 /PRNewswire/ -- MJV Technology & Innovation is sponsoring this year's InsureTech (ITC) conference in Las Vegas.

Key Points: 
  • ATLANTA, Oct. 20, 2023 /PRNewswire/ -- MJV Technology & Innovation is sponsoring this year's InsureTech (ITC) conference in Las Vegas.
  • ITC is the world's largest gathering for insurance innovation and brings together the industry's top leaders, investors and entrepreneurs.
  • "We are excited to be joining ITC Vegas as a sponsor," said MJV CEO Mauricio Vianna.
  • MJV Innovation serves leading insurance companies in areas including innovation, business transformation and analytics.

Technology enables renewed net zero climate action

Retrieved on: 
Wednesday, October 11, 2023

With many of the Paris Agreement’s 196 parties lagging on tangible results, tech will be the great enabler of renewed solutions to achieve decarbonisation goals.

Key Points: 
  • With many of the Paris Agreement’s 196 parties lagging on tangible results, tech will be the great enabler of renewed solutions to achieve decarbonisation goals.
  • Nadia Boumeziout, Head of Sustainability & Information Governance, Zurich Insurance, Middle East, underscores the significance of 2023 as a defining year for countries to lay open where they stand on the UN’s Global Roadmap to address climate change.
  • “I’m a firm believer that technology will be the great enabler for sustainable development and transition.
  • The debut five-day event runs alongside Future Urbanism Expo, the MENA’s premier event for sustainable urban development.

Gulf Island Resolves MPSV Litigation

Retrieved on: 
Thursday, October 5, 2023

THE WOODLANDS, Texas, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that its subsidiary, Gulf Island Shipyards, LLC (“GIS”), has resolved its lawsuit with Hornbeck Offshore Services, LLC (“Hornbeck”) relating to the construction of two multi-purpose supply vessels (“MPSV”).

Key Points: 
  • THE WOODLANDS, Texas, Oct. 05, 2023 (GLOBE NEWSWIRE) -- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) (“Gulf Island” or the “Company”), a leading steel fabricator and service provider to the industrial and energy sectors, today announced that its subsidiary, Gulf Island Shipyards, LLC (“GIS”), has resolved its lawsuit with Hornbeck Offshore Services, LLC (“Hornbeck”) relating to the construction of two multi-purpose supply vessels (“MPSV”).
  • Further, Gulf Island, GIS, Fidelity & Deposit Company of Maryland (“FDC”) and Zurich American Insurance Company (together with FDC, “Zurich”), the issuer of the performance bonds for the MPSV contracts, entered into a binding term sheet relating to the settlement of Gulf Island and GIS’s obligations under the performance bonds and any indemnity agreements relating to such bonds.
  • In exchange, Gulf Island and Zurich will enter into a note agreement pursuant to which Gulf Island will pay Zurich $20.0 million, plus interest at a rate of 3.0% per annum, payable in fifteen equal annual installments commencing on December 31, 2024.
  • Gulf Island and GIS also agreed to release possession of the MPSVs to Zurich.

BEYOND SPORT, Z ZURICH FOUNDATION AND ZURICH NORTH AMERICA LAUNCH "HEAD IN THE GAME" TO ADDRESS YOUTH MENTAL WELLBEING CRISIS IN THE U.S.

Retrieved on: 
Tuesday, October 10, 2023

NEW YORK, Oct. 10, 2023 /PRNewswire/ -- In honor of today's recognition of World Mental Health Day, Beyond Sport and the Z Zurich Foundation (the Foundation) in collaboration with Zurich North America have officially launched "Head in the Game," a comprehensive program to positively impact the mental wellbeing of 13- to 19-year-olds in the United States, with a special focus on youth of color, LGBTQ+ youth and girls. The collaboration and corresponding awareness campaign was first announced this past May in response to the national emergency declared on youth mental wellbeing and reports that support services have been largely inadequate.

Key Points: 
  • Today, the centerpiece of the program, a youth-focused awareness campaign, went live at headinthegame.us and across corresponding social media channels.
  • "Addressing the invisible mental health crisis among young people necessitates prioritizing investments in mental wellbeing prevention and promotion programming.
  • Head in the Game recognizes that mental wellbeing challenges exist for all youth demographics and this comprehensive program strives to include and benefit all.
  • "The investment of the Z Zurich Foundation is invaluable to our efforts to leverage the world of sport to address systemic inequities that are impacting youth mental wellbeing."

Indico Data adds former Zurich Insurance Group executive as strategic advisor

Retrieved on: 
Tuesday, October 10, 2023

BOSTON, Oct. 10, 2023 /PRNewswire/ -- Indico Data, the leader of Intelligent Intake solutions for unstructured data, today announced the appointment of Michael Duncan as a strategic advisor, marking a significant step in the company's growth aspirations and continued expansion into the insurance vertical. Michael brings with him a wealth of knowledge and a proven track record from his time as the Group Head of Underwriting Excellence at the Zurich Insurance Group, one of the leading multi-line, global insurers.

Key Points: 
  • Michael brings with him a wealth of knowledge and a proven track record from his time as the Group Head of Underwriting Excellence at the Zurich Insurance Group, one of the leading multi-line, global insurers.
  • Indico's new advisor brings a wealth of experience in commercial insurance to the company.
  • Michael Duncan is the former Group Head of Underwriting Excellence at Zurich Insurance.
  • "Michael will provide invaluable guidance as an advisor to Indico Data," said Tom Wilde, Indico Data CEO.

Newfront Announces Unicorn Bootcamp to Prepare Companies for IPO

Retrieved on: 
Monday, October 2, 2023

Newfront , the tech-driven insurance brokerage firm based in San Francisco, will host its Unicorn Bootcamp on Oct. 18 at the Nasdaq Entrepreneurial Center for companies considering an initial public offering.

Key Points: 
  • Newfront , the tech-driven insurance brokerage firm based in San Francisco, will host its Unicorn Bootcamp on Oct. 18 at the Nasdaq Entrepreneurial Center for companies considering an initial public offering.
  • Featuring presentations from experts at Goldman Sachs, Nasdaq, Goodwin Procter, Zurich Insurance, Connor Group, and others, the Unicorn Bootcamp will prepare attendees to navigate the process of going public.
  • “Newfront has assembled a powerful roster of experts to lead this bootcamp,” said Newfront CEO and Co-Founder Spike Lipkin.
  • “As companies prepare to begin the IPO process, this workshop is a must-attend event.”
    To learn more about the Unicorn Bootcamp, visit https://www.newfront.com/lp/events/unicorn-bootcamp-sf-2023 .

SCOR appoints Claudia Dill and Redmond Murphy to the Executive Committee

Retrieved on: 
Wednesday, September 27, 2023

Claudia Dill joins SCOR as Group Chief Operating Officer and member of the Executive Committee in charge of Technology, Transformation, Global Real Estate and Regional Services Platforms.

Key Points: 
  • Claudia Dill joins SCOR as Group Chief Operating Officer and member of the Executive Committee in charge of Technology, Transformation, Global Real Estate and Regional Services Platforms.
  • Redmond Murphy, previously Deputy Group Chief Financial Officer and Group Head of Business Performance, is appointed Deputy CEO of SCOR Life & Health and member of the Executive Committee.
  • Based in Dublin, Redmond Murphy will report to Frieder Knüpling, CEO of SCOR Life & Health.
  • Thierry Léger, Chief Executive Officer of SCOR, comments: “I am very pleased to welcome Claudia and Redmond to the Executive Committee.

JULIE WOOD APPOINTED AS CHIEF EXECUTIVE OFFICER OF QBE'S NORTH AMERICA DIVISION

Retrieved on: 
Wednesday, September 20, 2023

NEW YORK, Sept. 20, 2023 /PRNewswire/ -- QBE Insurance Group has confirmed the appointment of Julie Wood as Chief Executive Officer (CEO) of the company's North America division.

Key Points: 
  • NEW YORK, Sept. 20, 2023 /PRNewswire/ -- QBE Insurance Group has confirmed the appointment of Julie Wood as Chief Executive Officer (CEO) of the company's North America division.
  • Julie joined QBE in January 2023 as Group Head of Distribution and was serving as interim North America CEO since Todd Jones left the role in August.
  • "Julie brings deep industry expertise with a strong customer focus, underwriting expertise and knowledge of the North America market," Andrew Horton, QBE North America Group Chief Executive Officer said.
  • Before joining QBE, Julie worked at Marsh as Southeast Partnership & Zonal Leader and served as a member of the company's US Executive Committee.

Big Name VCs Back Startup to Solve a Multi-Billion Dollar Banking Problem

Retrieved on: 
Wednesday, September 13, 2023

BUENOS AIRES, Argentina, Sept. 13, 2023 /PRNewswire/ -- Fintech startup, N5 has secured the backing of a number of high profile investors, on the strength of its potential to save financial institutions billions of dollars a year.

Key Points: 
  • U.S. financial institutions lose an estimated $272B each year through inefficiency and missed opportunities resulting from fragmented and siloed technologies and processes, perpetuated and exacerbated by 'software entropy'.
  • N5 was founded by experts from the banking sector specifically to solve that problem, and is already doing so with customers in other parts of the world.
  • This helps financial institutions 'join the dots' and so improve productivity, the customer experience and cost-effectiveness.
  • The company plans to make a high profile appointment to lead North American operations, as well as fill a further 800 roles globally.

BlackLine Honors 2023 Modern Accounting Award Winners: CVS Health, Barentz, Kimberly-Clark, Premier Trailer Leasing, Nippon Express Holdings, and Boeing

Retrieved on: 
Wednesday, August 30, 2023

LOS ANGELES, Aug. 30, 2023 /PRNewswire/ -- Digital finance transformation leader BlackLine, Inc. (Nasdaq: BL) has announced the winners of its 2023 Modern Accounting Awards. This is the fifth annual global awards program by the company, celebrating customers that have revolutionized their traditional accounting methods to adopt modern accounting practices. This year's winners, from various industries and regions, demonstrated impressive use of BlackLine's market-leading solutions, joining the ranks of previous notable recipients such as Domino's, Finning, SiriusXM, Starbucks, Takeda, and Zurich North America.

Key Points: 
  • (Nasdaq: BL) has announced the winners of its 2023 Modern Accounting Awards .
  • This is the fifth annual global awards program by the company, celebrating customers that have revolutionized their traditional accounting methods to adopt modern accounting practices.
  • The Accelerator: CVS Health – America's leading health solutions company saved time and money with BlackLine by automating routine work which freed up six full-time employees to focus on strategic activities.
  • The Pioneer: Nippon Express Holdings – The global logistics company is taking on transformational challenges as the first in Japan to use BlackLine's Intercompany Financial Management solutions.