DUCK CREEK TECHNOLOGIES UNVEILS THE NEXT GENERATION OF DATA MANAGEMENT AND ANALYTICS WITH THE LAUNCH OF DUCK CREEK CLARITY™

The company’s newest product introduction will transform the future of data-driven excellence for the insurance industry

BOSTON, Dec 6 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces the release of Duck Creek ClarityTM, an innovative, cloud-native technology solution and the successor to Duck Creek Insights, designed to empower insurers with advanced data management, reporting, and analytics capabilities. With the introduction of Duck Creek Clarity, the company also modernizes the traditional technology upgrade cycle through a unique "Active Delivery" approach, which provides continuous updates and eliminates the need for insurers to undergo timely and costly upgrade projects.

Duck Creek Clarity is a cloud-native offering that simplifies the process of accessing, managing, and unifying data originating from Duck Creek's SaaS-based (software-as-a-service) core systems, including policy, billing, and claims solutions. With the ability to seamlessly integrate external data sources, Duck Creek Clarity enables teams to gain comprehensive insights, leading to enhanced decision-making and improved loss ratios. Insurers can harness this powerful service for both daily operational reporting and strategic long-term planning, setting the stage for portfolio-wide improvements.

Duck Creek Clarity leverages the Snowflake Data Cloud to equip insurers with curated data layers and a suite of pre-built business intelligence dashboards and reports, facilitating more informed underwriting and renewal decisions, as well as team performance evaluation. This new offering also simplifies data integration into AI/ML (artificial intelligence/machine learning) models, consumer and agent/broker applications, and third-party systems, empowering insurers to make well-informed decisions at every stage of the insurance lifecycle, from underwriting to billing and claims.

"We are ushering in a new era of data-driven excellence with the launch of Duck Creek Clarity,” said Jess Keeney, Chief Product & Technology Officer, Duck Creek Technologies. “Duck Creek has proven the solution’s robust capabilities are an essential element that supports data ownership and agile decision-making, which offers insurers a greater competitive edge in the marketplace. This is only the beginning of Duck Creek's commitment to ongoing investment in data and analytics that enable insurers across the globe to be smarter and faster in their response to market opportunities. Duck Creek Clarity is a pivotal step in our technology roadmap vision to provide insurers with the means to ‘execute with intelligence,’ optimize operational efficiencies, and provide more personalized customer experiences.”

“Data is a critical building block for insurance companies looking to unlock the true power and efficacy of advanced analytics and generative AI,” said Tom Benton, Partner at ReSource Pro (formerly known as Strategy Meets Action). “Insurers need data management and analytics tools like Duck Creek Clarity that can break down data silos and provide a path toward rapidly accelerating their level of data maturity, and ultimately help insurance product management, underwriting, and claims teams make smarter decisions and deliver more differentiated customer experiences.”

Join the Duck Creek Technologies live product launch webinar on Thursday, December 7, 2023, at 12:00 p.m. ET to learn more about empowering data-driven insurance decisions with Duck Creek Clarity.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and Twitter.

Media Contacts:

Carley Bunch
carley.bunch@duckcreek.com

SOURCE: Duck Creek Technologies

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ABDULAZIZ AL-GUDAIMI, ARAMCO VETERAN, JOINS EIG AS SENIOR ADVISOR AND CHAIRMAN OF MENA OPERATIONS

_{(Photo: Business Wire)}

WASHINGTON, Dec 4 (Bernama-BUSINESS WIRE) -- EIG, a leading institutional investor in the global energy and infrastructure sectors, today announced that Abdulaziz Al-Gudaimi has joined EIG as Senior Advisor and Chairman of EIG’s Middle East & North Africa (“MENA”) Operations. Mr. Al-Gudaimi, formerly Executive Vice President of Corporate Development at Saudi Aramco (“Aramco”), has over 38 years of experience in energy markets and will provide strategic counsel to EIG on its investment activities and continued growth in the region.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20231201817393/en/

“We are thrilled to welcome Abdulaziz to the firm,” said R. Blair Thomas, EIG Chairman and CEO. “His deep sector expertise and wealth of experience in MENA will be instrumental for EIG in sourcing additional investment opportunities across critical energy and energy-related infrastructure, and for our portfolio companies as they navigate the complex challenges of transitioning to a low-carbon future.”

“I have come to know Blair and the EIG team through the firm’s partnership with Aramco and am eager to build on their success in the region,” said Mr. Al-Gudaimi. “As the energy transition continues in importance and paves the way for a better tomorrow, EIG is well positioned to find opportunities to leverage its operational expertise and bolster the decarbonization of the region’s energy sector. I look forward to helping create value for the firm’s portfolio companies and its investors.”

Mr. Al-Gudaimi served as Executive Vice President of Corporate Development at Aramco before retiring from the position in December 2022. In this role, he helped Aramco secure greater access to growth markets and technologies through portfolio optimization and strategic alignment. Mr. Al-Gudaimi previously held several other leadership positions at Aramco, including Senior Vice President of Downstream and Vice President of Power Systems. Mr. Al-Gudaimi currently serves as a Director of Vision Invest Holding and Saudi Alfransi Bank and previously served as Chairman of the Boards of Motiva Enterprises LLC, Arlanxeo, Saudi Aramco Total Refining and Petrochemical Company, Aramco Trading Company and Petro Rabigh. He holds a BS in Petroleum Engineering and a Master of Business Administration.

About EIG

EIG is a leading institutional investor in the global energy and infrastructure sectors with $23.0 billion under management as of September 30, 2023. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 41-year history, EIG has committed over $45.9 billion to the energy sector through over 400 projects or companies in 42 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.

View source version on businesswire.com:
https://www.businesswire.com/news/home/20231201817393/en/

Contact

Media
FGS Global
Kelly Kimberly / Brandon Messina
+1 212-687-8080
EIG@fgsglobal.com

Source : EIG

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Fusionex Joins Forces With Frost & Sullivan To Drive Innovation, Business Excellence

KUALA LUMPUR, Dec 1 (Bernama) -- Prominent data technology market leader, Fusionex has entered into a collaborative alliance with Frost & Sullivan, to drive innovation and business excellence.

In a statement, Fusionex said this milestone is marked by the formal signing of a memorandum of understanding (MoU), reaffirming both parties’ commitment to combine their strengths and resources to deliver comprehensive solutions.

“This partnership with Frost & Sullivan is a testament to our joint commitment to pushing the boundaries of technology and innovation as well as driving our ESG initiatives forward.

“We are dedicated to unlocking our clients' full potential through the effective use of cutting-edge technology, catalysing positive change in the industry, and in doing so, set a new standard for the global stage,” said Fusionex Group Chief Executive Officer, Datuk Seri Ivan Teh.

Meanwhile, Frost & Sullivan Malaysia Country Head, Hazmi Yusof said: “We are excited to partner with Fusionex given their conflating business strategy and strong technology implementation capabilities, thus, this collaboration will provide growth led digital transformation to our clients in Malaysia.”

The journey toward this significant partnership has been paved by a history of successful ventures between Fusionex and Frost & Sullivan, in which these joint successes have strategically positioned both parties to capitalise on emerging opportunities, drive innovation, and deliver transformative solutions together.

Central to this partnership is a vision to provide end-to-end solutions that surpass client expectations, and this comprehensive approach extends the entirety of the value chain, with both parties jointly advancing the boundaries of thought leadership to the forefront, focusing on technology innovation and business strategy.

This partnership empowers clients with the distinct advantage of accessing a comprehensive suite of services, aligning business opportunities to technological advancements, and receiving dedicated support throughout their journey.

Furthermore, this partnership underscores a mutual commitment to artificial intelligence (AI), next-generation technologies, and sustainable business practices, reflecting the forward-thinking nature of both companies, highlighting their dedication in helping businesses harness the transformative power of AI, equip clients for the digital future and champion sustainable business practices.

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Wella Company Celebrates 3-year Anniversary With Consecutive Growth

KUALA LUMPUR, Nov 30 (Bernama) -- Wella Company, an innovative global leader in the beauty industry marked its third year as an independent company, demonstrating broad-based growth balanced across brands, categories and geographies.

Wella Company achieved high single-digit growth in constant currency in fiscal year 2023 (FY23), which closed at the end of June, cementing its foothold as one of the fastest-growing companies in the sector.

“Looking at 2023, we are beginning to realise the benefits of the successful brand transformations across our portfolio and breakthrough innovations. We are also seeing our business mature and expand across channels and markets.

“In fiscal year 23, we grew our top line and profitability and expanded our market share, and we expect fiscal year 2024 will continue that growth trajectory,” said its Chief Executive Officer, Annie Young-Scrivner in a statement.

Continuing on the success of its leading professional hair colour brand, Koleston Perfect (KP), which sold 1.5 tubes per second globally in FY23, the company has established its professional colour credential as the No. 1 Salon Color Brand in the World, and continues to invest behind elevating its core through expansion into hair care, as well as across the nail and beauty tech portfolio.

The company has also grown its eCommerce sales at a rate of more than twice the market growth by increasing partnerships with top eComm retailers, investing in digital-first brand building, and consistently improving user experience on its owned eComm platform WellaStore to meet the needs of salon professionals.

Since its inception in 2020, Wella Company has reported year-over-year growth in both developed and emerging markets with portfolio of iconic professional and retail hair, nail, and beauty tech brands including Wella Professionals, O·P·I, ghd, Briogeo and Nioxin.

The company’s innovations touted patented technology in several areas, while continuing to elevate the look and experience of its brand portfolio, which include launching a revolutionary hair product innovations combining both speed and performance results, in addition to refreshed its packaging across its haircare line, including shampoos and conditioners, contributing to driving double-digit revenue growth globally.

Meanwhile, addressing the growing trend in scalp care, the company introduced two top-performing entrants into the space including Nioxin Ultimate Power Serum, a highly effective leave-on scalp treatment designed to strengthen hair from the root and increase hair anchorage.

It also issued Environmental and Social Impact Report 2022, the first measured analysis of its efforts to positively impact People, Planet and through its Products with key highlights include a broad-based employee ownership programme, and committed to reducing carbon footprint as well as water use and waste.

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KFSH&RC HONOURS TWO DECADES OF UNWAVERING WORKFORCE DEDICATION

KUALA LUMPUR, Nov 30 (Bernama) -- King Faisal Specialist Hospital and Research Centre (KFSH&RC) has taken great pride in recognising the exceptional dedication of its diverse workforce, with each member contributing two decades to the noble mission of patient care.

Its Chief Executive Officer, Dr Majid Al Fayyadh, personally paid tribute to these trailblazing individuals at the 44th edition of the Pioneers Honouring Ceremony, held in Jeddah and Riyadh recently.

In a statement, KFSH&RC said in conveying appreciation for the unwavering commitment to healthcare, the hospital commemorated the meaningful moments dedicated to enhancing the overall patient experience.

Central to this success is the unwavering commitment to employee development and the cultivation of a robust organisational culture, in which the hospital places special emphasis on its human capital, acknowledging their pivotal role in achieving its global prominence.

This commitment is evident through the implementation of quality programmes and services aimed at enhancing the work environment and employee productivity.

Furthermore, the success of these initiatives is reflected in an internal survey, where 78 per cent of participants recommend the work environment, and 81 per cent express satisfaction with the services provided by the hospital.

Highlighting the hospital's commitment to continuous personal and professional development, KFSH&RC regularly organises workshops, seminars, and dialogue sessions covering various topics such as leadership, time management, stress management, financial well-being, and career advancement.

Via these initiatives, KFSH&RC aspires to create an enticing work environment that attracts top-tier healthcare professionals worldwide, and this commitment aligns with its strategic goals, supporting its nearly five-decade journey to be a global leader in providing specialised healthcare through research and innovation.

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JEONJU CITY WITH KOREA'S MOST AUTHENTIC CHARM WHERE TRADITION, MODERNITY COEXIST

 

Jeonju is rich in cultural treasures and historic landmarks steeped in history and culture. (Photo: Jeonju City)

KUALA LUMPUR, Nov 30 (Bernama) -- Jeonju City, a prominent tourist destination in Korea with more than 10 million annual visitors, is a hub of Korean culture where Korean authenticity is best preserved.

Officially named in the year 757, Jeonju is one of the regions with deep roots in Korean history. The city retains an extensive history and traditional culture as the foundational city of the Joseon Dynasty.

Jeonju Mayor, Woo Beom-ki said based on its historical assets and cultural capabilities, Jeonju is striving to showcase the most authentic history and strengthen its identity by preserving valuable assets while boldly innovating what needs to be changed.

“I hope tourists will have wonderful experiences and memories in Jeonju, the most Korean city where tradition and modernity coexist,” he said in a statement.

Jeonju, designated as a United Nations Educational, Scientific and Cultural Organization (UNESCO) Creative City of Gastronomy, a representative gourmet city, is the home of Korea's iconic dish, bibimbap, and a destination for epicurean travel with a taste of variety foods from bean sprout soup to Korean Table d'hôte.

In Jeonju Hanok Village, where tourists with Korea's distinctive clothing Hanbok stroll the streets, traditional Korean music performances such as pansori, fusion Korean music, and Joseon pop that bring a modern sensibility to traditional music, are available all year round.

Jeonju is the city with the largest number of living national treasures in Korea and exquisite products manufactured by craftsmen in this world-class intangible heritage city, which houses the National Intangible Heritage Center and ICHCAP under the auspices of UNESCO. Jeonju is also a significant manufacturer of “Hanji,” a paper that has gained global recognition.

A city also known for its festivals, it holds the ‘Jeonju International Film Festival’ every spring, as well as a variety of cultural events and festivals that embody Jeonju's uniqueness throughout the year, such as the Jeonju Bibimbap Festival, Jeonju Hanji Culture Festival, Jeonju International Sori Festival, and Jeonju City's representative festival Jeonju Festa.

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ALLIANZ MALAYSIA LAUNCHES ALLIANZ ECO QUEST IN PULAU TUBA

Cheerful atmosphere among students, teachers, parents, and community members as the Allianz Eco Quest was officially launched in Sekolah Kebangsaan Pulau Tuba

KUALA LUMPUR, Nov 29 (Bernama) -- Allianz Malaysia Berhad (Allianz Malaysia) recently launched an education empowerment programme for primary school children, Allianz Eco Quest in Pulau Tuba, Langkawi.

The two-year project – in collaboration with a Social Enterprise namely Incredible Hearts PLT – will benefit 75 students from Sekolah Kebangsaan Pulau Tuba.

The students, who are aged from 10 to 12 years, will be focusing on place-based and eco-education, supported by customised gamified learning to enhance learning experiences whilst reviving their motivation towards learning. Apart from that, Allianz Eco Quest will also incorporate other elements such as shared reading to enhance literacy and performance art to instill collaboration skills.

The programme aims to encourage the students and Pulau Tuba communities to be more appreciative of the nature around them, whilst raising more awareness towards conservation. Students will also be guided in the advancement of their learning skills including literacy, comprehension, critical thinking and analytical skills.

Allianz Malaysia Berhad Chairman Zakri Khir, who officiated the launch of Allianz Eco Quest, said he hopes more paths to success will be unlocked for the children of Pulau Tuba with the development of Allianz Eco Quest.

“There is a lot of potential on this island that can be developed on the condition that the children on this island become knowledgeable and equipped with world-class skills. I am sure, it is not impossible that this beautiful island will one day be famous in the eyes of the world.

“We hope that the training and programmes available under Allianz Eco Quest can instill enthusiasm in young people to develop human capital that gives importance to the preservation of the environment,“ Zakri said.

The Allianz Eco Quest project comprises four themes namely Eco-Wellbeing, Eco-Citizen, Eco-Green and Eco-Leader.

Eco-Wellbeing recognises the integral relationship between human development and the natural environment; Eco-Citizen focuses on tasks such as documenting plant species, monitoring phenology and habitat changes, tracking animal behaviour, and contributing to conservation efforts; Eco-Green focuses on the intricate relationship between earth and space; and Eco-Leader encompasses leadership and ecotourism, prioritising the preservation of natural environments, history and the promotion of sustainable practices that directly benefit local communities.

The Allianz Eco Quest is a continuation from the Sekolah Belantara Eco-Education And Literacy Programme Pilot Project, a six-month pilot project involving 40 primary school students aged between 10 to 12 years from Sekolah Kebangsaan Pulau Tuba.

SOURCE : Allianz Malaysia Berhad

FOR MORE INFORMATION, PLEASE CONTACT:
Shamala Gopalan
Group Head
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 016.285.0685
Email: shamala.gopalan@allianz.com.my

Gary Mark Nagan
Manager
Corporate Communications Department
Allianz Malaysia Berhad
Tel: 012.367.1450
Email: gary.nagan@allianz.com.my

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