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Versalis' CEO Adriano Alfani receives 2022 ICIS Emerging Leader Award

Retrieved on: 
Monday, December 5, 2022

LONDON, Dec. 5, 2022 /PRNewswire/ -- Versalis' CEO Adriano Alfani has received the 2022 ICIS Emerging Leader Award as voted on and recognised by his peers in the chemical industry as part of the ICIS Top 40 Power Players.

Key Points: 
  • LONDON, Dec. 5, 2022 /PRNewswire/ -- Versalis' CEO Adriano Alfani has received the 2022 ICIS Emerging Leader Award as voted on and recognised by his peers in the chemical industry as part of the ICIS Top 40 Power Players.
  • The prestigious ICISEmerging Leader Award was presented to Mr. Alfaniby ICISInsight Editor, NigelDavis, who took the opportunity to discuss some of the main challenges facing the industry.
  • Both Mr. Alfani and the team at Versalis should be very proud of their evolution at such a key time."
  • Mr. Alfani added, "Versalis is a forward-thinking, innovation-led business, committed to investing in the manufacture of chemicals based on circularity and renewables.

SPHERE Receives $31 Million for Series B Funding from Edison Partners, Forgepoint Capital

Retrieved on: 
Wednesday, November 30, 2022

NEWARK, N.J., Nov. 30, 2022 /PRNewswire/ -- SPHERE Technology Solutions (SPHERE), a leader in identity hygiene, announced today a $31 million Series B investment led by Edison Partners, a Princeton-based leading growth equity firm, with participation from existing investor Forgepoint Capital. As part of the transaction, Edison General Partner Lenard Marcus will join SPHERE's board of directors.

Key Points: 
  • NEWARK, N.J., Nov. 30, 2022 /PRNewswire/ -- SPHERE Technology Solutions (SPHERE) , a leader in identity hygiene, announced today a $31 million Series B investment led by Edison Partners , a Princeton-based leading growth equity firm, with participation from existing investor Forgepoint Capital .
  • With this investment, SPHERE will expand its SaaS offering, channel ecosystem and alliances, and sales and marketing to accelerate growth.
  • We're thrilled to have the support of Edison Partners and Forgepoint Capital for our next chapter of growth."
  • Forgepoint Capital is a leading cybersecurity venture capital firm that invests in transformative companies protecting the digital future.

Cirium Launches First Phase of Satellite-Based Aircraft Maintenance Tracking

Retrieved on: 
Wednesday, November 23, 2022

Cirium has revealed today the aviation industrys first satellite-based aircraft maintenance tracking feature in its Ascend Profiles module.

Key Points: 
  • Cirium has revealed today the aviation industrys first satellite-based aircraft maintenance tracking feature in its Ascend Profiles module.
  • (Photo: Business Wire)
    Its new Ground Events feature enables aircraft and engine manufacturers, maintenance, repair and overhaul service providers, parts suppliers, lessors and insurers to monitor and predict future aircraft maintenance events.
  • This means businesses can better understand when and where an aircraft last had a maintenance event and forecast its next visit.
  • By tracking each Ground Event of an airlines aircraft, we can identify whether it was for redesigned cabins, new aircraft branding, a maintenance event, or for its return to service.

CAF Names Vanita Pandey its Chief Marketing Officer, Expanding its Executive Leadership Team

Retrieved on: 
Wednesday, November 16, 2022

CAF , a digital ID validation market leader, announced today the appointment of Vanita Pandey as its Chief Marketing Officer (CMO), reporting to the CEO, Darryl Green.

Key Points: 
  • CAF , a digital ID validation market leader, announced today the appointment of Vanita Pandey as its Chief Marketing Officer (CMO), reporting to the CEO, Darryl Green.
  • Pandey brings a proven track record of defining and leading global marketing strategies for technology companies in the fraud, identity and security space.
  • Pandey will lead CAFs global marketing organization, help drive demand in key markets and raise the brands market positioning.
  • CAF is at a pivotal moment in its trajectory, said Vanita Pandey.

Lex Machina Releases 2022 Bankruptcy Report

Retrieved on: 
Thursday, November 17, 2022

MENLO PARK, Calif., Nov. 17, 2022 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its Bankruptcy Report. The report examines trends in Chapter 11 bankruptcy proceedings, which include the entire dockets in any bankruptcy proceeding filed in a United States Bankruptcy Court under Chapter 11 of the Bankruptcy Code. It focuses on the five-year period from 2017 to 2021 and surveys emerging trends in case filings, courts, judges, law firms, parties, and timing metrics. The report often focuses on different sets of data, filtering cases in order to provide analytics on business debtors, individual debtors, involuntary petitions, confirmed plans, and bankruptcy cases sorted by total liabilities.

Key Points: 
  • Chapter 11 bankruptcy proceedings in 2021 dropped to the lowest number in a decade; case filing trends revealed the disparate effects of the pandemic on different Chapter 11 bankruptcies
    MENLO PARK, Calif., Nov. 17, 2022 /PRNewswire/ -- Lex Machina, a LexisNexis company, today releases its Bankruptcy Report.
  • The report examines trends in Chapter 11 bankruptcy proceedings, which include the entire dockets in any bankruptcy proceeding filed in a United States Bankruptcy Court under Chapter 11 of the Bankruptcy Code.
  • "This was a fascinating report to produce, both because it showcases data and analytics from our newest court system, but also because the analytics revealed some powerful insights and intriguing trends," said Laura Hopkins, Lex Machina's bankruptcy legal data expert and editor of the report.
  • Register here for a copy of the report: https://pages.lexmachina.com/2022-Bankruptcy-Report_LP.html
    Lex Machina is hosting a webcast to discuss the report on November 17, 2022 at noon ET/9am PT with Guy Fustine (Shareholder at Knox Law Firm), Laura Hopkins (Lex Machina's Legal Data Expert in Bankruptcy), and Aria Nejad (Lex Machina's in-house counsel).

LexisNexis Insurance Demand Meter Shows Strong Rebound in U.S. Auto Insurance Shopping and New Business Volumes in Q3 2022

Retrieved on: 
Wednesday, November 16, 2022

ATLANTA, Nov. 16, 2022 /PRNewswire/ -- The latest edition of the LexisNexis® Risk Solutions Insurance Demand Meter reports that quarterly year-over-year U.S. auto insurance shopping was up 1.2% in Q3 2022, up from -2.0% in Q2 2022, marking the first quarter-over-quarter growth since Q2 2021. The upward momentum occurred despite the fact that new vehicles sales remain depressed compared to pre-COVID annual trends, and significant temporary shopping decreases in late-September due to Hurricane Ian. LexisNexis Risk Solutions® observed that much of the Q3 shopping activity occurred in states where rate increases have been implemented in response to a surge in claims costs that began during the second half of 2021.

Key Points: 
  • "We began Q3 with July trending down with the shopping growth suppression we've seen since Q3 2021, but shopping came roaring back later in the quarter.
  • The week Ian made landfall, shopping volumes in Florida decreased 40%, impacting country-wide shopping volumes the following week by -6%.
  • LexisNexis Risk Solutions will provide further information on the continued impact of Hurricane Ian on the U.S. auto insurance industry in its Q4 2022 Insurance Demand Meter.
  • The LexisNexis Insurance Demand Meter is a quarterly analysis of shopping volume and frequency, new business volume and related data points.

Annual LexisNexis Risk Solutions Report Finds Fraud Costs up to 22.4% from Pre-Pandemic Levels Across U.S. and Canadian Financial Services Firms

Retrieved on: 
Wednesday, November 16, 2022

ATLANTA, Nov. 16, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions today released the findings of its 2022 LexisNexis® True Cost of Fraud™ Study: Financial Services and Lending. This sixth edition of the report examines current fraud trends for more than 500 United States and Canadian financial services and lending companies and highlights key pain points related to the addition of new payment mechanisms, online and mobile channel transactions and international expansion. The survey was conducted between May and July 2022.

Key Points: 
  • U.S. and Canadian financial services firms' fraud costs continue to rise.
  • Every $1 lost to fraud now costs U.S. financial services firms $4.23 compared to $3.64 in 2020, a 16.2% increase.
  • The cost for Canadian financial services firms rose 19.6%, from $3.16 in 2020 to $3.78 in 2022.
  • Key Findings of the True Cost of Fraud Study: Financial Services and Lending
    Attacks and Costs: Fraud costs and attack volumes for financial services firms remain significantly higher compared to before the pandemic.

LexisNexis Legal & Professional Garners 2022 LegalTech Breakthrough Award For "Legal Search Solution of the Year"

Retrieved on: 
Tuesday, November 15, 2022

LOS ANGELES, Nov. 15, 2022 /PRNewswire-PRWeb/ -- LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products and services around the globe, today announced that Fact & Issue Finder from LexisNexis Legal & Professional®, a leading global provider of information and analytics, has been awarded "Legal Search Solution of the Year" in the third annual LegalTech Breakthrough Awards program. LexisNexis has previously won LegalTech Breakthrough awards for "Competitive Intelligence Solution of the Year" and "Overall RegTech Solution of the Year" in 2020 and 2021, respectively.

Key Points: 
  • LexisNexis has previously won LegalTech Breakthrough awards for "Competitive Intelligence Solution of the Year" and "Overall RegTech Solution of the Year" in 2020 and 2021, respectively.
  • Fact & Issue Finder on Lexis+ reinvents litigation research from the ground up by aligning advanced search technology with everyday legal workflows.
  • With a single search, Fact & Issue Finder compiles legal and non-legal content related to the facts and issues of a case into one easy-to-understand dashboard.
  • We're so pleased to award LexisNexis with a third LegalTech BReakthrough award - this time for 'Legal Search Solution of the Year.'"

R1 RCM Announces Leadership Succession Plan

Retrieved on: 
Tuesday, November 8, 2022

MURRAY, Utah, Nov. 08, 2022 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM) (“R1” or the “Company”), a leading provider of technology-driven solutions that transform the patient experience and financial performance of healthcare providers, today announced that its Board of Directors has appointed Lee Rivas to succeed Joseph Flanagan as Chief Executive Officer, effective January 1, 2023, at which time Mr. Rivas will also join the Company’s Board. Mr. Flanagan will step down effective January 1, 2023, following a distinguished nearly 10-year career with R1, and will continue to serve as a member of the Company’s Board. As part of a planned succession process, Mr. Flanagan will transition to serve as Executive Advisor to the CEO.

Key Points: 
  • As part of a planned succession process, Mr. Flanagan will transition to serve as Executive Advisor to the CEO.
  • With the integration of Cloudmed nearing a successful completion, this is the right time for an orderly leadership transition, said Mr. Flanagan.
  • On behalf of the Board and the entire R1 team, we thank Joe for his steadfast vision and leadership that have shaped R1 into a global leader and created tremendous value for our customers and shareholders.
  • ET to discuss its financial results and leadership succession plan.

Dow's Jim Fitterling receives 2022 ICIS CEO of the Year Award

Retrieved on: 
Thursday, November 10, 2022

LONDON and NEW YORK, Nov. 10, 2022 /PRNewswire/ --Dow CEO Jim Fitterling has received the 2022 ICIS CEO of the Year Award for outstanding achievement as voted on and recognised by his peers in the ICIS Top 40 Power Players.

Key Points: 
  • LONDON and NEW YORK, Nov. 10, 2022 /PRNewswire/ --Dow CEO Jim Fitterling has received the 2022 ICIS CEO of the Year Award for outstanding achievement as voted on and recognised by his peers in the ICIS Top 40 Power Players.
  • "Dow CEO Jim Fitterling is leading the charge on decarbonisation and sustainability with game-changing plans to build the industry's first net-zero carbon cracker site, and also become the largest consumer of feedstock derived from plastic waste.
  • Jim is also an excellent cultural leader who promotes inclusion and drives innovation both within Dow and the industry as a whole," said Dean Curtis, CEO of ICIS.
  • Previous winners of ICIS CEO awards as voted on by the ICIS Top 40 Power Players include BASF CEO Martin Brudermuller (2021), Saudi Aramco CEO Amin Nasser (2020), former LyondellBasell CEO Bob Patel (2019, 2018), former BASF CEO Kurt Bock (2017), INEOS chairman Jim Ratcliffe (2016), former Dow CEO Andrew Liveris (2015), former LyondellBasell CEO Jim Gallogly (2014) and former PPG CEO Charles Bunch (2013).