Axa

Press Release: Sanofi’s Board of Directors proposes the appointment of Clotilde Delbos, Anne-Françoise Nesmes and John Sundy as independent Directors

Retrieved on: 
Thursday, February 22, 2024

Sanofi’s Board of Directors proposes the appointment of Clotilde Delbos, Anne-Françoise Nesmes and John Sundy as independent Directors

Key Points: 
  • Sanofi’s Board of Directors proposes the appointment of Clotilde Delbos, Anne-Françoise Nesmes and John Sundy as independent Directors
    Paris, February 22, 2024.
  • The Chairman warmly thanked them for their valued contribution to the Board of Directors and the specialized committees to which they belonged during their terms in office.
  • In 2016, Clotilde Delbos was appointed Group Chief Financial Officer and Chairman of Board of Directors of RCI Banque.
  • “The arrivals of Clotilde Delbos, Anne-Françoise Nesmes and John Sundy will strengthen the Board of Directors’ expertise in finance and science, notably in the field of immunology.

NextGen i.i. Announces Strategic Reinsurance Agreement with AXA PPP healthcare Limited (AXA Health)

Retrieved on: 
Monday, January 29, 2024

), a trusted provider of International Private Medical Insurance (IPMI) in Latin America and the Caribbean is pleased to announce a strategic reinsurance agreement with AXA PPP healthcare Limited (AXA Health), a global leader in health and life reinsurance.

Key Points: 
  • ), a trusted provider of International Private Medical Insurance (IPMI) in Latin America and the Caribbean is pleased to announce a strategic reinsurance agreement with AXA PPP healthcare Limited (AXA Health), a global leader in health and life reinsurance.
  • “We are honored to have AXA Health as our reinsurer,” said Ricardo Gonzalez-Padilla, CEO at NextGen i.i.
  • “This partnership will allow us to expand our product offerings and provide our customers with even greater value and peace of mind.”
    The reinsurance agreement between NextGen i.i.
  • For more information about AXA Health and NextGen i.i., please visit their respective websites below.

Empowering Customers: A Year of Major Advances in Mobilisights’ Mobility Data

Retrieved on: 
Wednesday, January 10, 2024

One year ago, Mobilisights was created to leverage exclusive access to embedded data across the 14 iconic Stellantis brands, enabling a smarter world.

Key Points: 
  • One year ago, Mobilisights was created to leverage exclusive access to embedded data across the 14 iconic Stellantis brands, enabling a smarter world.
  • In terms of product assessment, Mobilisights has developed or evolved five major data packages to meet the needs of its clients.
  • Real-time data from connected vehicles, like odometer and acceleration, enables insurance companies to offer personalized products, rewarding safe driving.
  • This driver data, with consent, is analyzed to create offers based on driving style, enriching vehicle ownership with Mobilisights’ data.

Cyber insurance market size to grow by USD 42.81 billion between 2022 and 2027 | The growing dependence on digital technologies and the internet has increased the incidence of cyber-attacks is the market trend - Technavio

Retrieved on: 
Monday, November 6, 2023

NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The global cyber insurance market size is estimated to grow by USD 42.81 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Nov. 5, 2023 /PRNewswire/ -- The global cyber insurance market size is estimated to grow by USD 42.81 billion from 2022 to 2027, according to Technavio.
  • The increased demand for cyber insurance is identified as the key trend in the market.
  • To protect themselves against financial losses that can result from cyber attacks, many businesses and individuals are purchasing cyber insurance policies.
  • With the growing frequency and severity of cyber-attacks, the demand for cyber insurance policies will increase during the forecast period.

AM Best Affirms Credit Ratings of Gulf Insurance Group (Gulf) B.S.C. (c)

Retrieved on: 
Wednesday, October 11, 2023

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Gulf Insurance Group (Gulf) B.S.C.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Gulf Insurance Group (Gulf) B.S.C.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Gulf Insurance Group K.S.C.P. and Gulf Insurance and Reinsurance Company K.S.C. (Closed)

Retrieved on: 
Wednesday, October 11, 2023

AM Best has affirmed the Financial Strength Ratings of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Gulf Insurance Group K.S.C.P.

Key Points: 
  • AM Best has affirmed the Financial Strength Ratings of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) of Gulf Insurance Group K.S.C.P.
  • (c) and AXA Cooperative Insurance Company (since rebranded as Gulf Insurance Group (Gulf) B.S.C.
  • (c) [GIG Gulf] and Gulf Insurance Group [A Saudi Joint Stock Company]).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .

REPLY: Fincon Reply Supports the Insurance Industry Digitalisation With the "BiPRO Hub" Lighthouse Project

Retrieved on: 
Thursday, October 5, 2023

The aim of the project is to drive digitalisation within the insurance industry, and Fincon Reply, as an implementation partner, supports the standardisation of cross-company processes.

Key Points: 
  • The aim of the project is to drive digitalisation within the insurance industry, and Fincon Reply, as an implementation partner, supports the standardisation of cross-company processes.
  • The insurance industry is currently facing the challenge of making business processes more efficient and digital.
  • Insurance companies and their partner companies, such as intermediaries, pools or distributors, benefit from common industry standards.
  • Frank Dünnleder, Partner Fincon Reply, comments: "The BiPRO Hub is the initiative from the industry for the industry to drive digitalisation faster than before and to improve competitiveness against foreign tech corporations.

From India To Nasdaq: Roadzen Secures Nasdaq Listing With $683 Million Equity Value

Retrieved on: 
Friday, September 22, 2023

The combined company will operate under the name Roadzen Inc., and its ordinary shares and warrants are expected to commence trading on Nasdaq today.

Key Points: 
  • The combined company will operate under the name Roadzen Inc., and its ordinary shares and warrants are expected to commence trading on Nasdaq today.
  • Built in India with a global vision, Roadzen has achieved a significant milestone by securing a pre-money equity value of $683 million.
  • Roadzen is expected to make its debut on Nasdaq today, with its ordinary shares trading on the Nasdaq Global Market under the symbol "RDZN" and its warrants trading on the Nasdaq Capital Market under the symbol "RDZNW".
  • Steve Carlson, Chairman of Roadzen, added, "Roadzen's Nasdaq listing signifies our commitment to reshaping the auto insurance industry through advanced AI technology.

DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI

Retrieved on: 
Tuesday, September 12, 2023

DRUID's platform gives enterprises the tools to build and design conversational business applications (CBA) to provide the most natural employee-customer experience.

Key Points: 
  • DRUID's platform gives enterprises the tools to build and design conversational business applications (CBA) to provide the most natural employee-customer experience.
  • Moreover, DRUID's recent integration with ChatGPT, via Microsoft's Azure OpenAI Service, makes generative AI enterprise-ready and secure.
  • "Amid the fanfare around conversational and Generative AI, DRUID stood out to us as a category leader.
  • "DRUID capitalizes on recent advancements in generative AI, which seamlessly integrate into our conversational business applications platform.

DRUID Secures $30 Million as part of Series B Round to Enhance Enterprise Productivity Through Conversational Business Applications and Generative AI

Retrieved on: 
Tuesday, September 12, 2023

DRUID's platform gives enterprises the tools to build and design conversational business applications (CBA) to provide the most natural employee-customer experience.

Key Points: 
  • DRUID's platform gives enterprises the tools to build and design conversational business applications (CBA) to provide the most natural employee-customer experience.
  • Moreover, DRUID's recent integration with ChatGPT, via Microsoft's Azure OpenAI Service, makes generative AI enterprise-ready and secure.
  • "Amid the fanfare around conversational and Generative AI, DRUID stood out to us as a category leader.
  • "DRUID capitalizes on recent advancements in generative AI, which seamlessly integrate into our conversational business applications platform.