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Sumaria Systems announces appointment of Dave Dzaran as the company's Chief Executive Officer (CEO)

Retrieved on:

Tuesday, January 31, 2023

Unitary state, Retirement, Government, Engineering, Culture, Integrated Applications Promotion, NRO, Air force, Intelligence, Growth, ISR, USAF, National Reconnaissance Office, Management, Centauri

WASHINGTON, Jan. 31, 2023 /PRNewswire/ -- Sumaria Systems, a leading provider of professional, technology, engineering, and management services to the U.S. Government, has announced the appointment of Dave Dzaran to Chief Executive Officer (CEO).

Key Points:

WASHINGTON, Jan. 31, 2023 /PRNewswire/ -- Sumaria Systems, a leading provider of professional, technology, engineering, and management services to the U.S. Government, has announced the appointment of Dave Dzaran to Chief Executive Officer (CEO).
As CEO, Dave will oversee the continued growth of the company and sustain the strong culture built on performance, teamwork and commitment to its customers, partners, and employees.
Before joining Sumaria, Dave served most recently as a Deputy Program Director at the National Reconnaissance Office (NRO).
"Dave is a proven leader with over 38 years of executive leadership experience working in sensor and spacecraft design, system engineering, development, integration, and testing."

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.

Demotech - The Rating Agency that Stepped Up

Retrieved on:

Wednesday, November 23, 2022

Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratingsto P&C insurers and Title underwriters.

Key Points:

Since 1985, Demotech has served the industry by assigning accurate, reliable, and proven Financial Stability Ratingsto P&C insurers and Title underwriters.
In 1996, when the major insurer rating agencies avoided the newly capitalized insurers depopulating the Florida Residential Property and Casualty Joint Underwriting Association (JUA), Demotech, Inc.,the insurer rating agency accepted by Fannie and Freddie since 1990, stepped up to rate the insurers that would de-populate the JUA.
By doing so, the rating agency grew from rating a negligible market share of Florida's premium volume to nearly 60% of the homeowners' volume in the state.
Now, just to be clear, Demotech is NOT a lobbying agency, it is a rating agency that stepped up in its rhetorical outreach to better a marketplace in which it plays a key role.

OSS to Deliver Ruggedized Compute Solution for Embark’s Commercial Autonomous Truck Deployment

Retrieved on:

Monday, October 24, 2022

The two wins include one for OSS Centauri rugged PCIe storage expansion system and another for OSS next-generation optimized autonomous truck 3U SDS rugged accelerated computing server, 3U SDS-AT.

Key Points:

The two wins include one for OSS Centauri rugged PCIe storage expansion system and another for OSS next-generation optimized autonomous truck 3U SDS rugged accelerated computing server, 3U SDS-AT.
The new wins involve equipping trucks from Embarks test fleet with the highest-performance ruggedized compute and transportable storage capabilities.
Leveraging Embarks industry experience and feedback, OSS included attributes such as additional ruggedization and more efficient air cooling, system monitoring and I/Oall elements critical to the commercial operation of autonomous long-haul trucks.
All eight drives can be removed simultaneously from the saddle bag of an autonomous truck without having to climb into the truck.

One Insurer Views Ian Aftermath: Centauri's Preparedness in Claims Management and Client Service Proved Essential for its Insureds Following Hurricane Ian Devastation

Retrieved on:

Monday, October 24, 2022

OMAHA, Neb., Oct. 24, 2022 /PRNewswire/ -- By the time Hurricane Ian was rated at Category 4 in its attack trajectory toward Florida's west coast, one insurer had already reflected upon its protocols and its readiness during the expected onslaught, proving that preparedness and financial prudence formulate a winning combination even in the worst of circumstances.

Key Points:

These facts reinforce Applied's overall commitment and reputation as having the best record for the fastest and most accurate claims adjusting."
Centauri is well known for providing catastrophe coverage and for its ability to provide financial protection to its policyholders through innovative solutions and personalized service.
Applied Underwriters is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions.
As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength.

OSS Q2 2022 Revenue up 23% to Record $18.3 Million

Retrieved on:

Thursday, August 11, 2022

Revenue in the second quarter of 2022 increased 23% to a record $18.3 million.

Key Points:

Revenue in the second quarter of 2022 increased 23% to a record $18.3 million.
Revenue in the second quarter of 2022 totaled $18.3 million, up 23% compared to $14.9 million in the same year-ago quarter.
Adjusted EBITDA totaled $2.6 million or 7.3% of revenue compared to $2.5 million or 8.7% of revenue in the first half of 2021.
On June 30, 2022, cash and cash equivalents totaled $2.9 million with short-term investments of $11.5 million for a combined total of $14.4 million.

DGAP-News: Evotec SE reports results for the first half-year 2022 and provides corporate updates

Retrieved on:

Thursday, August 11, 2022

The issuer is solely responsible for the content of this announcement.

Key Points:

The issuer is solely responsible for the content of this announcement.
Evotec SE (Frankfurt Stock Exchange: EVT, MDAX/TecDAX, ISIN: DE0005664809) today announced its financial results for the first half-year of 2022.
Group revenues increased by 24% to 336.9m (H12021: 271.3m) driven by strong demand for its base business; like-for-like revenue growth (excluding fx-effects) 19%
Continued strong revenue growth momentum: Total EVT Execute revenues (incl.
Several new integrated drug discovery collaborations signed, including INDiGO, CMC and DMPK agreements
Just Evotec Biologics: Just Evotec Biologics is currently in its initial build up phase.

Applied Underwriters Strengthens Centauri as its 'A' Rating is Affirmed and Transition to Omaha Operations Center is Completed

Retrieved on:

Wednesday, August 3, 2022

OMAHA, Neb., Aug. 3, 2022 /PRNewswire/ -- As insurers and consumers in Florida and all along the coasts face insurance availability and pricing problems as hurricane season looms, at least one insurer has strengthened its operations and management to weather the marketplace's financial stability storm.

Key Points:

Mr. Rick Espino, CEO of Centauri, indicated that "Agents are advised to submit renewals and policy applications as early as possible.
Applied Underwriters is a global risk services firm that helps businesses and people manage uncertainty through its business services, insurance and reinsurance solutions.
As a company, Applied Underwriters has been distinguished by its innovative approaches to client care and by its strong financial strength.
Demotech's consistently increasing list of accreditations and acceptances has resulted in rating and reviewing more than 400 insurers operating in the US.

Centauri Therapeutics Strengthens Senior Leadership Team With Three Key Appointments

Retrieved on:

Tuesday, July 12, 2022

Professor Roblin held senior leadership positions for over 20 years at Bayer and Pfizer, where he oversaw the successful development of several infectious disease therapeutics, including azithromycin, ciprofloxacin, and moxifloxacin.

Key Points:

Professor Roblin held senior leadership positions for over 20 years at Bayer and Pfizer, where he oversaw the successful development of several infectious disease therapeutics, including azithromycin, ciprofloxacin, and moxifloxacin.
I am thrilled to be joining the senior team as CEO, as we work to progress novel immunotherapeutic candidates to the clinic.
The new appointments join Centauris esteemed Dr Mike Westby, Chief Scientific Officer (CSO), and Pamela Brown, Head of Chemistry, to further strengthen the senior leadership team.
Dr Mike Westby, CSO, Centauri Therapeutics, commented: We are delighted to welcome all three members to our senior leadership team following our recent Series A close.

Centauri Health Solutions Receives the 2022 Inno Fire Award as the Top Healthcare Company Setting the Arizona Innovation Economy Ablaze

Retrieved on:

Tuesday, July 5, 2022

Based in Scottsdale and launched in 2014, Centauri has become one of the nations fastest-growing healthcare technology and services companies.

Key Points:

Based in Scottsdale and launched in 2014, Centauri has become one of the nations fastest-growing healthcare technology and services companies.
Centauri has over 200 associates based in Arizona, who are among a nationwide network of 1,600 associates.
Centauri and the other 2022 Inno Fire Award winners are featured in a special Phoenix Business Journal supplement, published on July 1.
Centauri Health Solutions provides technology and technology-enabled services to payors and providers across all healthcare programs, including Medicare, Medicaid, Commercial, and Exchange.