JT Group Limited

Sompo International Global Reinsurance Expands into Canada and Adds New A&H Product in North America

Retrieved on:

Monday, September 11, 2023

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PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.

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PEMBROKE, Bermuda, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Sompo International, a leading global provider of commercial and consumer property and casualty (re)insurance, today announced the appointment of Apundeep Lamba as Head of Reinsurance, Canada.
Mr. Lamba will be based in Toronto as part of the Canada Branch.
* Further, the Company is also pleased to share that Denise Sheehan has joined as SVP, Head of North America Accident & Health Reinsurance.
Margaret Hyland, President, North America Reinsurance, commented, “Our ability to attract and retain experienced top-tier talent is a competitive advantage for Sompo International’s Global Reinsurance team, particularly as we look to expand our product offerings and geographic footprint in pursuit of our strategic growth goals.

Groundbreaking Passwordless Technology Set to Revolutionize User Authentication

Retrieved on:

Wednesday, September 13, 2023

MENLO PARK, Calif., Sept. 13, 2023 /PRNewswire/ -- A new passwordless user authentication technology that isn't susceptible to fraud has been launched — and it's set to change the way people access password-protected services.

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MENLO PARK, Calif., Sept. 13, 2023 /PRNewswire/ -- A new passwordless user authentication technology that isn't susceptible to fraud has been launched — and it's set to change the way people access password-protected services.
This new technology will perform authentication checks automatically — creating a seamless experience for the user.
Working collaboratively on this groundbreaking project, Honey Badger and JT have designed this passwordless authentication solution with in-built fraud detection and additional security.
Honey Badger CEO Matthew Salisbury is confident that this new technology will have far-reaching consequences for digital user authentication.

Genius Group to Host Virtual Investor Meeting with CEO Roger Hamilton on June 28, 2023

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Wednesday, June 21, 2023

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Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces that it will host a virtual investor meeting on Wednesday, June 28, 2023, with its Chief Executive Officer, Roger Hamilton.

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Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading entrepreneur edtech and education group, announces that it will host a virtual investor meeting on Wednesday, June 28, 2023, with its Chief Executive Officer, Roger Hamilton.
The virtual meeting will be held as a YouTube Livestream, and will include:
As part of Genius Group’s commitment to a high level of ongoing investor communications, the intention is for this Virtual Investor Meeting to be held on a monthly basis.
To ensure all enquiries are answered, except those related to legal proceedings that Counsel advises should not be answered, all shareholder questions need to be submitted in advance to the email address [email protected] .
An archived replay of the presentation will be available on Genius Group’s Investor Relations website and on YouTube on the above link.

Wejo Anticipates Earlier Free Cash Flow Breakeven Point with Cost Reductions

Retrieved on:

Thursday, March 23, 2023

Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, announced today the implementation of additional cost reductions to extend Wejo’s capital runway and materially accelerate its anticipated Free Cash Flow* breakeven point from previous projections of mid-2024 to mid-2025.

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Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, announced today the implementation of additional cost reductions to extend Wejo’s capital runway and materially accelerate its anticipated Free Cash Flow* breakeven point from previous projections of mid-2024 to mid-2025.
The Company is focusing its revenue growth opportunities, streamlining operations, lowering spend on marketing, reducing its office footprint and implementing strategic workforce reductions.
As a result of the Company’s projected reduced cash burn, Wejo is updating its 2023 financial outlook with respect to Adjusted EBITDA.
“We are encouraged by the operational steps that Wejo is taking to accelerate its path to profitability.”

Wejo Unveils Midsize City Congestion Report

Retrieved on:

Tuesday, March 14, 2023

Wejo evaluated travel times of 19.6 million journeys across Miami, FL; Oakland, CA; Atlanta, GA; Arlington, TX; Raleigh, NC; Omaha, NE; and Virginia Beach, VA to understand congestion conditions based on vehicle speeds and times with free-flowing traffic.

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Wejo evaluated travel times of 19.6 million journeys across Miami, FL; Oakland, CA; Atlanta, GA; Arlington, TX; Raleigh, NC; Omaha, NE; and Virginia Beach, VA to understand congestion conditions based on vehicle speeds and times with free-flowing traffic.
Miami, FL, had the highest congestion levels: Miami, FL, journeys are 37% longer than they should be due to congestion.
Wichita, KS, had the lowest congestion levels: Wichita, KS, is the least congested city of the ten assessed, with journeys taking only 18% longer due to congestion.
For a deeper look at the data, you can view an infographic and interactive maps of each city here: https://www.wejo.com/resources/wejo-unveils-midsize-city-congestion-report

Wejo Partners with University Consortium for Geographic Information Science to Advance GIS Research

Retrieved on:

Tuesday, March 7, 2023

Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced a partnership with the University Consortium for Geographic Information Science (UCGIS), a non-profit organization that creates and supports communities of practice for GIScience research, education, and policy endeavors in higher education with allied institutions.

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Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™ cloud and software solutions for connected, electric and autonomous vehicle data, today announced a partnership with the University Consortium for Geographic Information Science (UCGIS), a non-profit organization that creates and supports communities of practice for GIScience research, education, and policy endeavors in higher education with allied institutions.
Through the partnership, the 60 UCGIS member universities and European Union affiliates can leverage Wejo’s data curated from approximately 20 million vehicles and over 94 billion journeys to advance geographic information science research, education, and advocacy around the globe.
With reduced time and costs to collect data directly, Wejo’s data will also help universities improve navigation and mapping projects.
“Wejo’s data from millions of connected cars provides accurate and reliable sources of traffic and transportation trends across the U.S.,” said Richard Barlow, founder and CEO of Wejo.

Wejo Announces Resignation of Diarmid Ogilvy from Board of Directors

Retrieved on:

Friday, March 3, 2023

Wejo Group Limited (NASDAQ: WEJO) (“Wejo” or the “Company”), a global leader in Smart Mobility for Good™ and cloud and software analytics for connected, electric and autonomous vehicle data, announced that Diarmid Ogilvy has resigned for personal reasons from the Company’s Board of Directors (the “Board”), effective February 28, 2023.

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Wejo Group Limited (NASDAQ: WEJO) (“Wejo” or the “Company”), a global leader in Smart Mobility for Good™ and cloud and software analytics for connected, electric and autonomous vehicle data, announced that Diarmid Ogilvy has resigned for personal reasons from the Company’s Board of Directors (the “Board”), effective February 28, 2023.
“Diarmid has been highly influential over the years at Wejo, particularly through his investment experience in both the public and private equity markets," said Richard Barlow, CEO and co-founder of Wejo.
On behalf of the Board and the entire Wejo team, we are immensely grateful to Diarmid for his leadership and the tremendous value he has added over the years.
I am delighted to have worked alongside such a driven leadership team and Board to execute upon that vision.

Aptorum Group Announces Completion of Pre-IND Discussions with US FDA on its ALS-4, a First-in-Class Small Molecule Drug Targeting Methicillin Resistant Staphylococcus Aureus

Retrieved on:

Friday, March 3, 2023

Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) (“Aptorum Group” or “Aptorum”), a clinical-stage biopharmaceutical company, announces the completion of the Pre-IND discussions with the US Food and Drug Administration (“US FDA”).

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Aptorum Group Limited (Nasdaq: APM, Euronext Paris: APM) (“Aptorum Group” or “Aptorum”), a clinical-stage biopharmaceutical company, announces the completion of the Pre-IND discussions with the US Food and Drug Administration (“US FDA”).
ALS-4 is a first-in-class small molecule anti-virulence drug targeting infections caused by Staphylococcus aureus, including but not limited to Methicillin Resistant Staphylococcus Aureus (“MRSA”).
The Pre-IND discussions with US FDA focused on overall development plan in preparation for the IND application of ALS-4 targeting Acute Bacterial Skin and Skin Structure Infections (ABSSSI) initially.
With the positive feedback on the overall development strategy from the US FDA, Aptorum is now proceeding towards the IND submission of ALS-4.

Wejo Insights: EV Journey Distance Could Equal Traditional Cars Within 18 Months as EVs Are Being Driven Farther

Retrieved on:

Thursday, March 2, 2023

Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™, today released new research revealing that the average distance driven per journey in electric vehicles (EV) may be equal to those of traditional internal combustion engine (ICE) vehicles within the next 18 months.

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Wejo Group Limited (NASDAQ: WEJO), a global leader in Smart Mobility for Good™, today released new research revealing that the average distance driven per journey in electric vehicles (EV) may be equal to those of traditional internal combustion engine (ICE) vehicles within the next 18 months.
The projection is made based on data showing that between 2021 and 2022 EV drivers extended the distance of their journeys by 5.5% on average.
Simultaneously, ICE drivers have been driving shorter distances than years prior, with a decreased journey average of -1.6% when compared to 2021.
Charging stations growth: That said, electric charging station placements seem to have little relatable impact on journey length for EV drivers.

Wejo Expands Partnership with Renault Group to Give Fleet Solution Providers and Fleet Managers Transformative Remote Asset and Activity Management Services

Retrieved on:

Wednesday, February 22, 2023

The expanded partnership and integration with Easy Connect for Fleet Solutions represent the next step in Wejo’s entrance into the fleet management market - anticipated at $38 billion by 2024.

Key Points:

The expanded partnership and integration with Easy Connect for Fleet Solutions represent the next step in Wejo’s entrance into the fleet management market - anticipated at $38 billion by 2024.
The data Wejo receives from the Renault Group Easy Connect for Fleets platform will come directly from participating fleet vehicles and be processed through Wejo’s ADEPT data processing and analytics platform.
“Our expanded partnership with Renault Group and further integration of fleet solution capabilities underpin Wejo’s rapid expansion in Europe,” said Benoit Joly, chief commercial officer at Wejo.
“Integrating with Renault Group Easy Connect for Fleets platform was a natural next step in our ongoing collaboration.