AIC

New VCTA Research Finds Scale-ups Held Back by Growth Funding Gap

Retrieved on: 
Wednesday, November 15, 2023

The research - gathered from a survey of 119 fast-growing firms - highlights that scale-ups identify insufficient capital as the most significant barrier to growth, with over a third (36%) identifying it above all other factors.

Key Points: 
  • The research - gathered from a survey of 119 fast-growing firms - highlights that scale-ups identify insufficient capital as the most significant barrier to growth, with over a third (36%) identifying it above all other factors.
  • The latest figures from the VCTA show that VCT investment grew in 2022 to £664m from £613m in 2021, unlike the wider market downturn.
  • Close to two fifths (17%) of respondents identified a lack of tech talent as their biggest barrier to growth.
  • This is particularly important during economic downturns, when funding is even harder to come by, and VCTs may be the only source of capital.

Insurance Solutions Provider Orion180 Names 4 to Leadership Team

Retrieved on: 
Tuesday, November 14, 2023

They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.

Key Points: 
  • They expand our agility and technology-centric knowledge in key areas and complement our strong existing team at Orion180,” says Kenneth Gregg, CEO and founder of Orion180.
  • “These appointments signal our preparedness to compete in multiple lines of personal and commercial insurance as we look to expand nationally.”
    Mohammad Javanbarg, SVP of specialty risk, joined Orion180 to customize and enhance Orion180's view of modeled and non-modeled catastrophe risks, and develop innovative specialty insurance solutions.
  • Malcolm Tsung, VP of product management, commercial lines, joined Orion180 to spearhead the development of Orion180’s commercial lines products.
  • Before joining Orion180, at LexisNexis Risk Solutions, he served as director, commercial insurance vertical.

CastleArk Management Selects SEI's Advisors' Inner Circle Fund Trust to Launch First Active ETF

Retrieved on: 
Tuesday, December 12, 2023

OAKS, Pa., Dec. 12, 2023 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced that CastleArk Management, a $3 billion Chicago-based investment manager specializing in active equity strategies in domestic and non-U.S. markets, selected the Advisors' Inner Circle Fund® (AIC) as its operational platform to launch the CastleArk Large Growth ETF, its first active ETF.

Key Points: 
  • OAKS, Pa., Dec. 12, 2023 /PRNewswire/ -- SEI ® (NASDAQ: SEIC) today announced that CastleArk Management, a $3 billion Chicago-based investment manager specializing in active equity strategies in domestic and non-U.S. markets, selected the Advisors' Inner Circle Fund® (AIC) as its operational platform to launch the CastleArk Large Growth ETF, its first active ETF.
  • Mike Beattie, Managing Director of SEI's Investment Managers business and President of the Advisors' Inner Circle Fund, added:
    "The Advisors' Inner Circle Fund Trust continues to expand its ETF presence, and we're pleased to support CastleArk as a strategic partner in their first ETF launch.
  • Our turnkey operational platform and ETF expertise allow us to efficiently and cost-effectively bring firms like CastleArk to the ETF marketplace."
  • SEI helped pioneer the series trust concept more than 30 years ago by introducing the Advisors' Inner Circle Fund Trust via an institutional-quality turnkey mutual fund operating platform.

The Institutes CPCU Society Expands with Global Virtual Community and Equitable Membership Rates in Developing Nations

Retrieved on: 
Thursday, November 9, 2023

Advancing its commitment to global inclusivity and accessibility for risk and insurance professionals, The Institutes CPCU Society has unveiled new tiered membership rates.

Key Points: 
  • Advancing its commitment to global inclusivity and accessibility for risk and insurance professionals, The Institutes CPCU Society has unveiled new tiered membership rates.
  • "The Institutes CPCU Society remains dedicated to providing knowledge and leadership opportunities for the global community of risk and insurance professionals," expressed Brett Clausen, CPCU, CIC, FLMI, President and Chair, of the CPCU Society Leadership Council.
  • On top of the updated dues system, the Society is proud to introduce the Global Virtual Community on the INteract social platform.
  • Society’s Leadership Council, Global Virtual Community Steering Committee, International Insurance Interest Group, and other key groups are committed to international members and spotlighting global industry trends remains pivotal within the CPCU Society.

Foot and Ankle Orthopaedic Surgeons Change Lives in Kenya

Retrieved on: 
Tuesday, November 7, 2023

Rosemont, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Volunteers from the American Orthopaedic Foot & Ankle Society (AOFAS) traveled to Kenya to provide life-changing surgery to patients with lower extremity deformities and disabilities as part of the Orthopaedic Foot & Ankle Foundation Overseas Outreach Project to Kenya.

Key Points: 
  • Rosemont, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Volunteers from the American Orthopaedic Foot & Ankle Society (AOFAS) traveled to Kenya to provide life-changing surgery to patients with lower extremity deformities and disabilities as part of the Orthopaedic Foot & Ankle Foundation Overseas Outreach Project to Kenya.
  • Over five days, the duo completed more than 30 corrective foot and ankle surgeries and provided additional consultations for Kenyan adults and children.
  • In-country expenses were covered by the Orthopaedic Foot & Ankle Foundation , supported by a grant from Stryker.
  • To learn more about the Orthopaedic Foot & Ankle Foundation Overseas Outreach Projects, visit aofas.org/foundation .

Edison issues update on Murray Income Trust (MUT): In a celebratory mood

Retrieved on: 
Tuesday, November 7, 2023

Murray Income Trust (MUT) is currently celebrating two key milestones.

Key Points: 
  • Murray Income Trust (MUT) is currently celebrating two key milestones.
  • This year marks its 100-year anniversary, and 50 years of consistently rising dividends.
  • The trust is diversified by sector and by income source: 80% of portfolio income is sourced from abroad, which provides significant protection from any deterioration in the UK’s economic climate.
  • Those seeking a regular, competitive and rising income will appreciate MUT’s commitment to its policy of annually increasing dividends, delivered via quarterly dividend payments.

HII Features Platforms, People, Technologies in "Delivering the Advantage" Campaign

Retrieved on: 
Thursday, November 2, 2023

The leading provider of live, virtual, constructive (LVC) training for the U.S. military?

Key Points: 
  • The leading provider of live, virtual, constructive (LVC) training for the U.S. military?
  • The employer of more than 44,000 workers across 39 states, and the largest industrial employer in both Virginia and Mississippi?
  • The answer is HII (NYSE: HII), and a new targeted advertising campaign showcases the breadth of HII’s platforms, technologies and solutions across domains and services, in support of HII’s mission to deliver the advantage to its national defense customers.
  • “HII is dedicated to meeting the dynamic requirements of the U.S. Department of Defense and our international allies,” HII President and CEO Chris Kastner said.

AlphaGen Hits New Revenue High and Achieves Exceptional 4th Quarter Results: Positive Earnings and 780% Revenue Surge

Retrieved on: 
Tuesday, October 31, 2023

A significant contributor to the Company’s financial success has been a long-term contract to create and launch a large retail metaverse for a multi-billion-dollar international brand.

Key Points: 
  • A significant contributor to the Company’s financial success has been a long-term contract to create and launch a large retail metaverse for a multi-billion-dollar international brand.
  • The Company’s GaaS platform, Mana, empowers business to access a powerful competitive gaming platform, enabling customers to enhance user engagement and monetization.
  • Brian Wilneff, CEO of Alpha, commented “I share immense pride with the management team in the achievements of this quarter and this fiscal year.
  • Key financial metrics for the three months ended June 30, 2023:
    For the Three Months Ended June 30,

AIS Healthcare’s Advanced Infusion Care Announces Joint Study with Grifols to Continue Improving Patient Care

Retrieved on: 
Monday, October 23, 2023

AIC and Grifols’ Satisfaction and Outcomes in Primary Immune Deficiency patients (SOPID) study will observe 60 patients across a three-month period who are beginning SCIG therapy.

Key Points: 
  • AIC and Grifols’ Satisfaction and Outcomes in Primary Immune Deficiency patients (SOPID) study will observe 60 patients across a three-month period who are beginning SCIG therapy.
  • “Grifols has an impressive track record of producing innovative, high-quality medicines for patients living with chronic and rare diseases.
  • The joint study between AIC and Grifols seeks to determine if there are differences in patient tolerability and satisfaction with immunoglobulin treatments, ensuring the best quality of care for patients living with immunodeficiencies.
  • In partnership with Grifols, the SOPID study will build on this work to assist physicians in better understanding how different SCIG products can maximize patient quality of life.

AM Best Revises Outlooks to Stable for Arabia Insurance Company s.a.l.

Retrieved on: 
Friday, October 20, 2023

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Arabia Insurance Company s.a.l.

Key Points: 
  • AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of Arabia Insurance Company s.a.l.
  • The revision also considers the reduction in AIC’s debt levels in recent periods, with further repayments expected over the near-term.
  • In addition, AM Best expects future earnings to continue benefitting from actions taken by management to rationalise the underwriting portfolio.
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.