ABIC

Amazon’s Global Head of Corporate Risk to Speak at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 8, 2024

Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • Soraya Wright, Global Head of Corporate Risk & Claims at Amazon, will close the second day of the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • Ms. Wright has over 30 years of experience managing complex risks of global companies and currently serves as Global Head of Corporate Risk & Claims at tech giant, Amazon, and also serves as a California State Commissioner on the Fraud Assessment Committee.
  • Ms. Wright’s keynote conversation will be with Patrick Tannock, CEO of AXA XL Insurance in Bermuda / Chair, Association of Bermuda International Companies (ABIC).
  • Mr. Tannock said: “Bermuda is a dynamic and solution-oriented international business jurisdiction that has fostered a culture based on innovation and calculated risk.

XtalPi and HKU's Advanced Biomedical Instrumentation Centre Sign MoU to Accelerate Deep Tech Commercialization

Retrieved on: 
Monday, November 27, 2023

CAMBRIDGE, Mass., Nov. 27, 2023 /PRNewswire/ -- XtalPi Inc. (XtalPi) and the Advanced Biomedical Instrumentation Centre (ABIC or the Centre) at the University of Hong Kong (HKU) have entered a memorandum of understanding (MoU) that outlines a roadmap for scientific collaboration and commercialization of deep tech developed by ABIC researchers located both in Hong Kong and globally.

Key Points: 
  • CAMBRIDGE, Mass., Nov. 27, 2023 /PRNewswire/ -- XtalPi Inc. (XtalPi) and the Advanced Biomedical Instrumentation Centre (ABIC or the Centre) at the University of Hong Kong (HKU) have entered a memorandum of understanding (MoU) that outlines a roadmap for scientific collaboration and commercialization of deep tech developed by ABIC researchers located both in Hong Kong and globally.
  • XtalPi's global team will lead commercial endeavors of selected ABIC technologies, while also promoting knowledge exchange with ABIC researchers regarding product development and commercialization.
  • We eagerly anticipate a close collaboration with XtalPi to transition groundbreaking scientific research into tangible industrial applications."
  • Dr. Wen also remarked, "XtalPi has an unwavering belief that Hong Kong will remain a crucial hub in the biotech industry.

Ozop Energy Solutions, Inc. reports first Vehicle Service Contract for Electric Vehicle premium of its’ wholly owned subsidiary OZOP Plus

Retrieved on: 
Thursday, March 9, 2023

The ceding of the battery portion of the premium from ABIC to OZOP Plus marks the Company's initial premium received for the battery coverage within the VSC.

Key Points: 
  • The ceding of the battery portion of the premium from ABIC to OZOP Plus marks the Company's initial premium received for the battery coverage within the VSC.
  • The contract was sold at Beaver Toyota of Cumming ("Beaver Toyota"), an award-winning car dealership in the state of Georgia.
  • The “Fully Charged” Royal VSC, whereby the EV battery coverage is provided by OZOP Plus and marketed through a partnership with Trusted Sale, Inc. accomplishes just that.
  • "We are pleased to announce Royal’s first sale of the Vehicle Service Contract for Electric Vehicles, where OZOP Plus receives the premium related to the battery" said Brian Conway, CEO of Ozop Energy Solutions.

Harley-Davidson, LiveWire and AEA-Bridges Impact Corp Announce Closing of Business Combination

Retrieved on: 
Tuesday, September 27, 2022

The business combination was officially approved at an extraordinary general meeting by ABIC stockholders on September 16, 2022.

Key Points: 
  • The business combination was officially approved at an extraordinary general meeting by ABIC stockholders on September 16, 2022.
  • Through this combination, LiveWire will become the first and only EV motorcycle company in the U.S. to list on the NYSE.
  • LiveWire will be ringing the opening bell at the NYSE today, to celebrate LiveWire's public listing.
  • Neither Harley-Davidson nor LiveWire gives any assurance that LiveWire will achieve its expectations.

Harley-Davidson, LiveWire and AEA-Bridges Impact Corp Announce Closing of Business Combination

Retrieved on: 
Tuesday, September 27, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220927005671/en/
    The business combination was officially approved at an extraordinary general meeting by ABIC stockholders on September 16, 2022.
  • Through this combination, LiveWire will become the first and only EV motorcycle company in the U.S. to list on the NYSE.
  • LiveWire will be ringing the opening bell at the NYSE today, to celebrate LiveWires public listing.
  • Neither Harley-Davidson nor LiveWire gives any assurance that LiveWire will achieve its expectations.

Harley-Davidson Announces New LiveWire Chief Financial Officer

Retrieved on: 
Wednesday, June 22, 2022

MILWAUKEE, June 22, 2022 /PRNewswire/ --Harley-Davidson, Inc. ("Harley-Davidson") (NYSE:HOG)today announces the appointment of Tralisa Maraj as Chief Financial Officer at LiveWire.

Key Points: 
  • MILWAUKEE, June 22, 2022 /PRNewswire/ --Harley-Davidson, Inc. ("Harley-Davidson") (NYSE:HOG)today announces the appointment of Tralisa Maraj as Chief Financial Officer at LiveWire.
  • Maraj formerly served as both Chief Financial Officer & Corporate Secretary for CGX Energy Inc. ("CGX") and previously served as Chief Accounting Officer.
  • Innovating by design and attracting industry-leading talent, LiveWire is headquartered virtually, with initial hubs in Silicon Valley, CA (LiveWire Labs) and Milwaukee, WI.
  • Editors: For more information regarding LiveWire products visit: LiveWire.com
    Harley-Davidson, Inc. is the parent company of Harley-Davidson Motor Company and Harley- Davidson Financial Services.

Bermuda Executive Forum Begins Tomorrow in NYC

Retrieved on: 
Tuesday, May 10, 2022

A limited number of spaces are still available for the Bermuda Business Development Agencys (BDA) New York City executive forum being held tomorrow at One Liberty Plaza.

Key Points: 
  • A limited number of spaces are still available for the Bermuda Business Development Agencys (BDA) New York City executive forum being held tomorrow at One Liberty Plaza.
  • Forum proceedings continue in the afternoon, beginning with a keynote fireside chat between Bermudas Minister of Economy and Labour, The Hon.
  • Panellists include Patrick Tannock, Chair, Association of Bermuda International Companies (ABIC); Elizabeth Denman, Deputy Chair, Alternative Investment Management Association (AIMA); Stafford Lowe, Director, Next Bermuda; Amy Ponnampalam, Member, Bermuda International Long-Term Insurers and Reinsurers (BILTIR), and Michael Neff, Chair, Bermuda Bankers Association.
  • The second afternoon panel focusses on innovation in Bermuda and will be moderated by Lauren Berry, Managing Editor, Deputy NYC bureau chief, Bloomberg News.

Harley-Davidson 2022 Investor Day Update: Hardwire Stage II

Retrieved on: 
Tuesday, May 10, 2022

MILWAUKEE, May 10, 2022 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson") (NYSE:HOG) will host its 2022 Investor Day at the Harley-Davidson Museum in Milwaukee, WI today.

Key Points: 
  • MILWAUKEE, May 10, 2022 /PRNewswire/ -- Harley-Davidson, Inc. ("Harley-Davidson") (NYSE:HOG) will host its 2022 Investor Day at the Harley-Davidson Museum in Milwaukee, WI today.
  • "In motorcycling, when you want to get more out of an engine, you upgrade it by adding a Stage II kit, that is what we are doing with our Hardwire strategy, tuning the engine of our business for improved acceleration and increased performance."
  • This press release relates to the company's strategic plan, The Hardwire, including Hardwire Stage II.
  • Therefore, investors should construe these statements regarding The Hardwire and Hardwire Stage II only as goals, aims, and objectives rather than promises of future performance or absolute statements.

Bermuda Executive Forum Returns to NYC on May 11

Retrieved on: 
Friday, April 29, 2022

The Bermuda Business Development Agency (BDA) is heading back to the big apple on May 11 for its first executive forum since March 2019.

Key Points: 
  • The Bermuda Business Development Agency (BDA) is heading back to the big apple on May 11 for its first executive forum since March 2019.
  • During these roadshows, the Bermuda delegation engaged with leading global capital allocators with combined assets under management of nearly $11 trillion, and these are among the individuals we are seeking to engage with again at this upcoming executive forum.
  • Panelists include Patrick Tannock, Chair, Association of Bermuda International Companies (ABIC), Elizabeth Denman, Vice President, Alternative Investment Management Association (AIMA), Stafford Lowe, NEXT Bermuda, and Michael Neff, Chair, Bermuda Bankers Association.
  • After hearing keynote speakers and thought leadership panels, attendees will make new connections over Bermuda signature cocktails at our c-suite Bermuda networking reception.

Bermuda Committed to Cooperation and Compliance in Global Tax Standards

Retrieved on: 
Monday, February 28, 2022

Following the European Unions (EU) Code of Conduct Group including Bermuda on the state of play document (Annex II), the Bermuda Business Development Agency (BDA) and its valued partners, notes that Bermuda is committed to cooperation and compliance in relation to global tax standards.

Key Points: 
  • Following the European Unions (EU) Code of Conduct Group including Bermuda on the state of play document (Annex II), the Bermuda Business Development Agency (BDA) and its valued partners, notes that Bermuda is committed to cooperation and compliance in relation to global tax standards.
  • David Hart, BDA CEO, said, Bermuda prides itself on being a blue-chip financial services jurisdiction, particularly around global (re)insurance, and is committed to cooperation and compliance in global tax standards.
  • As a result, Bermuda is an active contributor to the EU, and is a global leader in regulation and technical compliance.
  • Bermuda has been consistently recognised for its transparency and adherence to global tax reporting, AML/ATF, and economic substance compliance requirements.