Saturday, January 25, 2025

Duck Creek Technologies To Showcase Innovative Insurance Solutions At ITC London 2025

KUALA LUMPUR, Jan 23 (Bernama) -- Duck Creek Technologies, the global intelligent solutions provider redefining the future of property and casualty (P&C) and general insurance, will join partners and industry leaders at ITC London taking place on Jan 27 to 28 at The Brewery in London.

Duck Creek Director of Solution Architecture, Matt Priestley will chair a roundtable discussion on “Forecasting the Future of Commercial Lines Insurance”, which will focus on innovation and disruptions on the horizon for insurers on Jan 27 in the Lower Sugar Room.

In a statement, its Managing Director EMEA, Elodie Hilderal said technology innovation is revolutionising the insurance landscape, and Duck Creek is leading that transformation.

“The opportunity to showcase our products and engage with industry leaders at ITC London on technological advancements and emerging industry trends, enables us to help our customers rethink what is possible when it comes to redefining business operations for the modern era,” she said.

At the event, Duck Creek will also share information on how its technology is helping carriers reimagine insurance for the digital age.

The Duck Creek Suite, with its multi-geographical capabilities on a single instance, including multi-currency and multi-lingual correspondence, provides value to insurers serving customers globally.

The company will also display its suite of cloud-based solutions that streamline operations, improve customer experience, and accelerate digital transformation.

Attendees are invited to visit Duck Creek’s booth to learn more about the company’s solutions, which include Duck Creek Policy, Billing, Claims, Payments Facilitator, Reinsurance, and Loss Control.

These products work together seamlessly to enhance the insurance process from policy management and billing to claims automation and reinsurance management.

-- BERNAMA

Wednesday, January 22, 2025

WAKE-UP CALL: SHOCKING DECLINE IN GLOBAL WOMEN’S CANCER TESTING



KUALA LUMPUR, Jan 22 (Bernama) -- Hologic Inc, a leader in women's health innovation, has released its latest Global Women's Health Index in partnership with Gallup, revealing a troubling decline in women's cancer testing globally.

For the first time, fewer women reported undergoing cancer screening, with only 10 per cent of those surveyed worldwide having been tested for any type of cancer in the past year, a drop of two percentage points since the Index’s inception.

The index, now in its fourth year, is one of the largest collections of data on women’s health and well-being that raises new concerns about declining trends in women’s health.

In a statement, Hologic Chairman, President and Chief Executive Officer, Stephen P. MacMillan emphasised that the decline in cancer testing is a wake-up call for the need for innovative strategies and collaborative efforts to improve women’s health globally.

The index also revealed other alarming findings, such as increased food insecurity, with a staggering 38 per cent of women unable to afford food in the past year, while 32 per cent of women said they could not afford adequate shelter.

There are also increased levels of worry and sadness among women, as more women report feeling worried (42 per cent) and sad (30 per cent), and one-third (35 per cent) said they felt unsafe in their communities.

Additionally, many women face physical pain and health issues, with 34 per cent reporting significant pain in the previous day, while 26 per cent indicated that health problems impacted their ability to engage in daily activities.

The index assigns a women’s health score to each country or territory based on survey responses on five dimensions of health. Overall, the world scored 53 out of 100 on the index, with Taiwan topping the list at 68, and the United States ranked 37th, reflecting a decline from its previous position.

Based on surveys from over 146,000 people across 142 countries, the index  fills a critical gap in knowledge about the health, safety, and well-being of women worldwide.

The index was unveiled during an event convened by Goals House, a community focused on driving progress toward the United Nations (UN) Sustainable Development Goals (SDGs) alongside the World Economic Forum in Davos, Switzerland.

-- BERNAMA

Monday, January 13, 2025

PERMA-PIPE SECURES US$43 MLN CONTRACT FOR DEVELOPMENT PROJECT IN GCC REGION



KUALA LUMPUR, Jan 13 (Bernama) -- Perma-Pipe International Holdings Inc (Perma-Pipe), announced it has received a formal letter of award with value exceeding US$43 million for a development project located in the Gulf Cooperation Council (GCC) region. (US$1=RM4.51)

In a statement, the company said it will provide thermal insulation, anti-corrosion coatings, and other services from its Abu Dhabi facility, with work on the project is slated to begin in the third quarter of this year.

“This award provides evidence that our technologies are well-positioned to meet the complex requirements in virtually all geographies as we continue our focus on highly active oil and gas markets worldwide.

“This project continues an increase in large-scale project activity we are seeing globally and, when coupled with other recently announced project awards, further strengthens our record backlog position heading into 2025,” said its President and Chief Executive Officer, David Mansfield.

Meanwhile, Perma-Pipe MENA region Senior Vice President, Saleh Sagr said this award follows the successful execution of numerous development projects in the region.

“Our differentiated coating solutions have proven to be well-suited for technically challenging projects. We would like to thank our customers for this significant award,” added Sagr.

This project will utilise Perma-Pipe’s anti-corrosion coatings capabilities, fabrication, and the TRACE-THERM insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing.

A global leader in pre-insulated piping and leak detection systems for oil and gas, district heating and cooling, Perma-Pipe has operations at 15 locations in six countries. It uses its extensive engineering and fabrication expertise to develop piping solutions that solve complex challenges regarding the safe and efficient transportation of many types of liquids.

-- BERNAMA

Thursday, January 9, 2025

SYNCHRONOSS TECHNOLOGIES TO PRESENT AT INVESTOR CONFERENCES THIS MONTH

KUALA LUMPUR, Jan 8 (Bernama) -- Synchronoss Technologies Inc (Synchronoss) has announced its President and Chief Executive Officer, Jeff Miller, alongside Chief Financial Officer, Louis Ferraro, will be speaking at two upcoming investor conferences.

According to a statement, the first presentation will take place at the ICR Conference on Jan 13, and the webcast link will be available on the Synchronoss Investor Relations website.

The second event is the Needham Growth Conference, scheduled for Jan 16, where investors can register for one-on-one meetings with the company's management by contacting a Needham sales representative.

A global leader in personal Cloud solutions, Synchronoss empowers service providers to establish secure and meaningful connections with their subscribers.

Its software as a service (SaaS) Cloud platform streamlines onboarding processes and promotes subscriber engagement, leading to increased revenue, cost savings, and quicker market deployment.

-- BERNAMA

Wednesday, January 8, 2025

ANTOM, AIRASIA MOVE JOIN FORCES FOR SEAMLESS PAYMENT SOLUTIONS




KUALA LUMPUR, Jan 8 (Bernama) -- Singapore-headquartered Ant International announced its payment and digitisation services provider, Antom, with AirAsia MOVE, has signed a partnership agreement to transform travel, including seamless payment experiences on the app.

Under the agreement, AirAsia MOVE will work closely with Antom and 2C2P, a full-suite global payments platform and a subsidiary of Antom.

According to a statement, this collaboration is set to integrate Antom and 2C2P’s advanced payment solutions, including payment orchestration and acquiring for both cards and local payment methods (LPMs), into AirAsia MOVE’s platform.

These cutting-edge technologies will empower AirAsia MOVE to streamline payment methods, reduce cross-border transaction costs and operational expenses, and broaden its consumer base while providing customers with a wider range of preferred payment options.

“Our advanced solutions, including payment orchestration and acquiring for both cards and LPMs, enable AirAsia MOVE to expand its reach to more consumers across the Asia-Pacific region and beyond.

“By combining our expertise and AI-driven payment technologies, we are committed to improving operational efficiency, enhancing customer satisfaction, and unlocking long-term value together,” said General Manager of Antom, Ant International, Gary Liu.

Meanwhile, AirAsia MOVE Chief Executive Officer, Nadia Omer said: “By integrating Antom and 2C2P’s advanced solutions, we are enhancing efficiency, improving customer satisfaction, and delivering significant cost savings.”

This partnership agreement between AirAsia MOVE, Antom, and 2C2P is part of a strategic partnership announced last March between Capital A and Ant International that covers various areas.

This includes exploring ways to integrate more payment methods and providing acquiring services to Capital A’s platforms, working on digital marketing and sponsorship opportunities to drive business growth, and cooperating in enhancing access to sustainable finance while transitioning to a low-carbon economy for the micro, small and medium enterprise community.

-- BERNAMA