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Markel appoints Grant Smith to lead its Marine & Energy Liability team in International Specialty

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LONDON, Aug. 15, 2024 /PRNewswire/ — Markel, the insurance operations within Markel Group (NYSE:MKL), today announced the appointment of Grant Smith as Director, Marine & Energy Liability, International Specialty, with immediate effect.

Smith’s appointment is the latest in a move to enhance Markel’s international specialty underwriting capabilities and expertise, following the launch of its International Specialty practice last December. 

In his new role, Smith will lead the Marine & Energy Liability team across Markel’s International Wholesale business. He will be responsible for driving sustainable, profitable growth initiatives that align with Markel’s long-term strategic vision, aiming to expand market share and further establish Markel as a market leader in Marine and Energy liabilities. He will also focus on strengthening relationships with key stakeholders and developing and nurturing existing underwriting talent. Smith will be based in London and report to Tom Hillier, Managing Director, International Specialty, at Markel.

Hillier commented: “Clients currently face a challenging environment, because of economic inflation and changes to regulatory and legal frameworks, combined with emerging technological and climate-related liability risks, making it increasingly important to ensure they have insurance cover that meets their evolving needs.

“When we established the Specialty practice within our International Wholesale business last year, we set out ambitious goals for our Marine & Energy Liability team, centered on the delivery of sustainable, profitable growth and establishing ourselves as a leader in the market in terms of underwriting and service.

“I’m therefore delighted to welcome Grant on board to lead our Marine & Energy liability team. I’m confident his background and experience will position him to lead the team to deliver on our ambitious goals for this class of business and provide a superior service proposition to our clients and brokers.”

Smith has extensive knowledge of the liability insurance market, having spent more than 17 years of his career working in various underwriting and leadership positions across this class of business. He joins Markel from QBE, where he was most recently Portfolio Manager Specialty, QBE European Operations – a role he held since 2014, with responsibility for managing an extensive portfolio of international marine business, including liability, hull and P&I classes. Prior to joining QBE as a Marine & Energy Liability Underwriter in 2011, Smith had spent five years working in various underwriting roles across marine and aviation at Travelers.

About Markel
We are Markel, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we operate the Markel Specialty, Markel International, and Markel Global Reinsurance divisions, as well as State National, our portfolio protection and program services operations, and Nephila, our insurance-linked securities operations. Our broad array of capabilities and expertise allow us to create intelligent solutions for the most complex risk management needs. However, it is our people—and the deep, valued relationships they develop with colleagues, brokers and clients—that differentiates us worldwide.

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AIMed 2024: A Pioneer in Healthcare Innovation to Join Key AI in Medicine Event

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SAN ANTONIO, Oct. 22, 2024 /PRNewswire/ — Frost & Sullivan proudly announce that Reenita Das, Partner and Senior Vice President of Healthcare & Life Sciences, will attend the highly anticipated AIMed 2024 Global Summit. The event, held from November 17 – 19, 2024, 2024, will bring together healthcare leaders and AI innovators from across the globe at Caribe Royale Orlando to discuss the transformative impact of artificial intelligence in healthcare.

Reenita will serve as Co-Chair and Kickoff Speaker for the “AI and Its Impact on Women’s HealthTech” track on Monday, November 18. This track is an educational program organized by Dr. Anthony Chang, Reenita Das, and Harry P. Pappas, founder of the Women’s Health and Wellness Society, an educational and advocacy group for women. Pappas is also the founder of the Intelligent Health Association and has collaborated with Frost & Sullivan for over 15 years.

AIMed 2024 is the premier global event for artificial intelligence in healthcare, providing an ideal platform for industry experts like Reenita Das to share insights on leveraging AI to enhance healthcare systems and transform clinical workflows. Attendees will benefit from keynote speeches, hands-on workshops, and networking opportunities with top professionals worldwide.

“I’m thrilled to be part of AIMed 2024, where we will explore the critical role AI plays in addressing global healthcare challenges and improving patient outcomes,” said Reenita Das. “This summit represents an opportunity for healthcare leaders to share their vision and collaborate on advancing the future of medicine.”

Frost & Sullivan’s strategic involvement in AIMed 2024 further highlights its commitment to fostering innovation and growth in healthcare. With a unique blend of AI and healthcare technology expertise, Reenita Das will contribute to impactful discussions on applying AI-driven solutions for real-world healthcare challenges.

Why This Partnership Matters: 

AIMed24 is committed to building long-term partnerships with key organizations that share its vision of improving healthcare through AI. Frost & Sullivan’s expertise in identifying growth opportunities and their forward-looking approach to industry trends makes them an ideal partner. Together, AIMed24 and Frost & Sullivan will deliver a unique, high-value experience for attendees, ensuring they leave equipped with actionable strategies and insights to drive AI innovation in healthcare.

About Frost & Sullivan

For over six decades, Frost & Sullivan has guided the world’s top companies toward transformational growth journeys that result in a stream of innovative growth opportunities. Frost’s Growth Pipeline as a Service (GPaaS) value proposition allows customers to maximize their economic potential, navigate emerging megatrends, and shape a future based on sustainable growth. Learn more.

About AIMed24

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AIMed24 is where AI and medicine’s brightest minds converge to shape the future of healthcare. Join us at the Caribe Royale Orlando from November 17-19 for groundbreaking keynotes, hands-on workshops, and exceptional networking opportunities with industry leaders. Founded by Dr. Anthony Chang, AIMed is a clinician-led community advancing AI in health. AIMed24 will showcase impactful smart healthcare solutions, facilitate connections with AI trailblazers, and engage with top institutions and innovators. Be at the forefront of healthcare innovation. Learn more.

Media Contact:
María Briceño
[email protected]

View original content:https://www.prnewswire.co.uk/news-releases/aimed-2024-a-pioneer-in-healthcare-innovation-to-join-key-ai-in-medicine-event-302283393.html

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Ascenda transforms economics for financial institutions with new loyalty-as-a-service offering

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NEW YORK, Oct. 22, 2024 /PRNewswire/ — Ascenda, the world’s most connective rewards ecosystem, today announced the launch of its new loyalty-as-a-service offering. The groundbreaking model challenges established industry norms and maximizes business outcomes for financial institutions through effortless access to scalable, aspirational rewards propositions that deliver outsized returns.

For decades, companies who provide rewards technology and content have operated on a vendor model that leaves them uninvested in their clients’ success. The onus has been squarely on financial institutions to procure the right loyalty marketing ingredients and put them to use in a way that generates ROI – often with mixed results. Ascenda now shifts that paradigm by delivering loyalty as a partner, not as a supplier.

The new loyalty-as-a-service offering transforms marketing economics for financial institutions with an outcome-centric partnership model composed of: 

  • Holistic ecosystem access: Ascenda’s full suite of proven technology and compelling lifestyle content is accessible effortlessly in one place. This marks the first time in the industry that all the puzzle pieces needed for high-ROI loyalty marketing are seamlessly unified, from trigger-based campaigns to unforgettable customer experiences.
                                                                           
  • Easy zero-cost entry: brands can choose to leverage the full solution suite or start using just specific components – always without setup costs or platform fees. This removes all barriers, enabling financial institutions to move faster in bringing new customer propositions to market.
                                                                           
  • Results-based commercials: Ascenda charges only for content and growth outcomes actually delivered. This mitigates the financial risk of adopting a loyalty solution and means Ascenda is deeply invested in achieving measurable client results.                                        

“Our new loyalty-as-a-service offering is revolutionary for banks and fintechs globally,” said Kyle Armstrong, CEO at Ascenda. “For many brands, rewards cost is one of the biggest expense lines on the P&L, yet they are dissatisfied with the return on that investment. We are changing the game with a shift from delivering loyalty software to delivering loyalty ROI. Our new model makes things effortless and truly aligns incentives, unlocking step-change economics.”

The new offering is now available to financial institutions that onboard with Ascenda and progressively being rolled out across the existing client base.

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Ankura Taps Industry Veteran Regina Lee to Lead Risk, Forensics & Compliance Business Globally

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NEW YORK, Oct. 22, 2024 /PRNewswire/ — Leading global expert services and advisory firm Ankura Consulting Group, LLC (“Ankura”) is pleased to announce the appointment of Regina Lee as the Global Leader of its Risk, Forensics & Compliance business.

Regina has more than 25 years of experience leading successful teams at global consulting firms. Her impressive background encompasses a wide range of expertise, including fraud investigations, bankruptcy-related disputes and investigations, mass tort and securities litigation, and post-transaction disputes. Most recently, Lee served as Global Co-Leader of the Strategy & Analysis Practice at AlixPartners.

Kevin Lavin, CEO of Ankura, shared: “I could not be happier to welcome such a talented and culturally aligned leader as Regina. Her extensive experience and strategic insight will play a pivotal role in advancing Ankura’s capabilities in risk management, forensic investigations, and regulatory compliance. Regina’s deep expertise and commitment to excellence align perfectly to further strengthen Ankura’s position as a trusted advisor in these areas.”

Regina commented on her new role: “Ankura’s dedication to innovation and client-focused solutions is truly inspiring, and I look forward to working with Ankura’s talented team to address the evolving challenges our clients face in today’s dynamic environment.”

About Ankura

Ankura Consulting Group, LLC is an independent global expert services and advisory firm that delivers end-to-end solutions to manage conflict, crisis, performance, risk, strategy, and transformation. Ankura has more than 2,000 professionals serving 3000+ clients across 55 countries. Collaboration and experience drive our multidisciplinary approach to Protect, Create, and Recover Value. For more information, please visit www.ankura.com.

Contact:
Robin Boesen
[email protected]

View original content:https://www.prnewswire.co.uk/news-releases/ankura-taps-industry-veteran-regina-lee-to-lead-risk-forensics–compliance-business-globally-302283325.html

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