MMC

Oliver Wyman Combines CAVOK and SeaTec Consulting Under New Name - Oliver Wyman Vector

Retrieved on: 
Monday, April 8, 2024

The new name for the combined businesses is Oliver Wyman Vector and will be part of the firm's broader transportation practice.

Key Points: 
  • The new name for the combined businesses is Oliver Wyman Vector and will be part of the firm's broader transportation practice.
  • "We are excited to unveil Oliver Wyman Vector at the MRO Americas conference, one of the industry's premier events," said Tom Stalnaker, partner and Global Practice Head, Transportation and Services for Oliver Wyman.
  • "Oliver Wyman Vector brings together two businesses who will deliver exceptional results for our clients in the transportation industry working in conjunction with our Transportation and Services practice."
  • Oliver Wyman Vector will provide technical expertise across a wide range of services including technical consulting, engineering, and digital expertise in the aviation, aerospace and defense, and rail industries.

Marsh McLennan to Host First Quarter Earnings Investor Call on April 18

Retrieved on: 
Thursday, March 21, 2024

Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.

Key Points: 
  • Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, will announce first quarter financial results via news release on Thursday, April 18, 2024, before the market opens.
  • Following the news release, President and CEO John Doyle and CFO Mark McGivney will lead a teleconference with investors at 8:30 a.m. EDT.
  • The live audio webcast will be accessible on marshmclennan.com , and a replay will be available approximately two hours after the event.
  • Those interested in participating in the question-and-answer session may register here to receive the dial-in numbers and unique PIN to access the call.

Marsh McLennan’s Mercer completes acquisition of Vanguard’s US Outsourced Chief Investment Officer business

Retrieved on: 
Friday, March 15, 2024

Mercer , a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard’s Outsourced Chief Investment Officer (OCIO) business that provides investment management services for not-for-profit organizations and other institutional investors in the United States.

Key Points: 
  • Mercer , a global investments leader and a business of Marsh McLennan (NYSE: MMC), today announced the completion of its acquisition of Vanguard’s Outsourced Chief Investment Officer (OCIO) business that provides investment management services for not-for-profit organizations and other institutional investors in the United States.
  • The acquisition, announced in December of last year, expands Mercer’s capabilities and expertise across investment solutions in the US.
  • Commenting on the acquisition, Marc Cordover, Mercer’s US Investments and Retirement Leader, said: “Today, we welcome Vanguard OCIO clients and colleagues to Mercer.
  • They will be based in Mercer’s offices in King of Prussia, PA, and Phoenix, AZ.

Hamilton Sponsors New Catastrophe Bond Easton Re Series 2024

Retrieved on: 
Thursday, March 14, 2024

Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”) announced today the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. (“Easton Re”).

Key Points: 
  • Hamilton Insurance Group, Ltd. (NYSE: HG) (“Hamilton” or “the Company”) announced today the sponsorship of a new catastrophe bond through the issuance of Series 2024-1 notes by Easton Re Ltd. (“Easton Re”).
  • “We are extremely pleased to announce the success of our second sponsorship of Easton Re bonds,” said Hanni Ali, Senior Vice President.
  • “That we have secured more retrocession than initially targeted and at a better price than original guidance, underscores investor confidence in Hamilton.
  • We are encouraged by the continued support and aim to further build on our relationships with ILS investors.”
    The Easton Re catastrophe bond has been issued from Bermuda and the risk period will run from January 1, 2024 through December 31, 2026.

Marsh McLennan Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, March 13, 2024

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockholders of record on April 4, 2024.

Key Points: 

The Board of Directors of Marsh McLennan (NYSE: MMC) today declared a quarterly dividend of $0.710 per share on outstanding common stock, payable on May 15, 2024 to stockholders of record on April 4, 2024.

Harmony Healthcare IT adds Kelly Hahaj as VP of Corporate Development

Retrieved on: 
Monday, April 1, 2024

SOUTH BEND, Ind., April 1, 2024 /PRNewswire/ -- Harmony Healthcare IT announced the appointment of Kelly Hahaj as its VP of Corporate Development. In this role, Hahaj is responsible for leading current business efforts as well as identifying and evaluating opportunities for strategic partnerships to drive continued expansion. Hahaj's deep healthcare IT experience as a leader in health information exchange, clinical systems and data interoperability will be instrumental to these efforts.

Key Points: 
  • SOUTH BEND, Ind., April 1, 2024 /PRNewswire/ -- Harmony Healthcare IT announced the appointment of Kelly Hahaj as its VP of Corporate Development.
  • In this role, Hahaj is responsible for leading current business efforts as well as identifying and evaluating opportunities for strategic partnerships to drive continued expansion.
  • Hahaj's deep healthcare IT experience as a leader in health information exchange, clinical systems and data interoperability will be instrumental to these efforts.
  • "We are thrilled to have Kelly onboard and look forward to her corporate development stewardship that will deliver long-term success for our partners."

MindsDB Named to Fast Company's Annual List of the World's Most Innovative Companies of 2024

Retrieved on: 
Tuesday, March 19, 2024

SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- MindsDB has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2024.

Key Points: 
  • The platform for customizing AI from enterprise data joins the ranks of Nvidia, YouTube, Taco Bell, and more
    SAN FRANCISCO, March 19, 2024 /PRNewswire/ -- MindsDB has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2024.
  • Alongside the World's 50 Most Innovative Companies, Fast Company recognizes 606 organizations across 58 sectors and regions.
  • Fast Company's Most Innovative Companies package is available online, as well as in-app form via iTunes, and on newsstands beginning March 26.
  • This event celebrates the Most Innovative Companies honorees and provides an inside look at cutting-edge business trends and what it takes to innovate in 2024.

Monaghan Medical Corporation Attains ISO 14001 Certification for Environmental Management Excellence

Retrieved on: 
Tuesday, February 27, 2024

PLATTSBURGH, N.Y., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Monaghan Medical Corporation (MMC) is proud to have achieved ISO 14001 certification, underscoring the company's dedication to continually improving environmental management practices.

Key Points: 
  • PLATTSBURGH, N.Y., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Monaghan Medical Corporation (MMC) is proud to have achieved ISO 14001 certification, underscoring the company's dedication to continually improving environmental management practices.
  • ISO 14001 is an internationally recognized standard for organizations to design and implement an effective Environmental Management System (EMS).
  • MMC's commitment to the ISO standard assures environmental risks are systematically managed and continuously improved.
  • Risk-based thinking and the Plan-Do-Check-Act (PDCA) approach, many key themes within ISO 14001, are similar to other ISO standards, such as ISO 13485, a standard MMC has attained in the past.

C-Suite executives believe AI is key to increased productivity, yet most workforces are not ready to transform, according to Mercer’s 2024 Global Talent Trends Study

Retrieved on: 
Wednesday, March 6, 2024

Mercer , a business of Marsh McLennan (NYSE: MMC), today released its 2024 Global Talent Trends Study .

Key Points: 
  • Mercer , a business of Marsh McLennan (NYSE: MMC), today released its 2024 Global Talent Trends Study .
  • Yet, three in five (58%) believe tech is advancing faster than their firms can retrain workers, and less than half (47%) believe they can meet this year’s demand with their current talent model.
  • “Raising productivity through AI is top of mind for executives but the answer does not lie in technology alone.
  • Greater workforce productivity requires intentional, human-centric work design,” said Kate Bravery, Mercer’s Global Talent Advisory Leader and author of the study.

Aptia Announces Jeff Williams as U.S. President

Retrieved on: 
Tuesday, March 5, 2024

New health, benefits, and pensions administrator Aptia today announced the appointment of Jeff Williams as U.S. President and CEO.

Key Points: 
  • New health, benefits, and pensions administrator Aptia today announced the appointment of Jeff Williams as U.S. President and CEO.
  • View the full release here: https://www.businesswire.com/news/home/20240305369517/en/
    Based out of Aptia’s U.S. headquarters in Boston, Jeff will be responsible for Aptia’s benefits administration services book of business and will report directly to Bala Viswanathan, Aptia Founder & Group CEO.
  • “We are excited to welcome Jeff to Aptia as he brings a wealth of experience and knowledge in the North American benefits administration industry,” said Viswanathan.
  • “I am incredibly excited to join Aptia and embark on this journey of growth and innovation,” said Williams.