“During the past year, we have taken steps to build up our commercial organization in selected markets in
Albin has over 20 years of experience from both sales and sales manager roles in several leading pharmaceutical companies such as
“Continuing to work together with my contacts in urology and also getting to work with a product like Prostatype® is very motivating. Prostatype® fills a large and obvious clinical need both in
“It has been of the utmost importance to find a driven person with great experience, knowledge and a network of contacts in the field of prostate cancer therapy. We found all of this in Albin, and with his focus, energy and cultivated relationships in healthcare, we have already seen an exciting development in the interest of decision-makers,” concludes
Prostatype® is a genetic test that is available to patients and treating urologists as a complementary decision basis for the question of treatment or non-treatment of prostate cancer. The test was developed by a research group at
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As previously announced (6/25/2021),
The first to provide utility-scale power and reliability to rooftop markets, Toledo Solar’s Cadmium Telluride (CdTe) solar panels require significantly less energy to manufacture, the shortest energy payback period and the lowest carbon footprint in the industry. In the utility space, American made, CdTe thin film solar panels have been proven to outperform foreign sourced PV-SI panels in terms of lifetime ROI (Return on Investment) and durability. As a result, they currently power approximately 40% of the American utility market and 8% of the worldwide market.
Thin-film CdTe panels are 100% recycled with over 90% of all materials reused, whereas silicon panels are mostly scrapped in local landfills, creating a growing hazardous waste problem.
According to the Biden administration, in
Mr. Farid Shouekani, CEO and President of
For more information go to https://toledo-solar.com and www.ViperNetworks.com or follow us on Twitter @vipernetworks
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Tata Consultancy Services to Modernize Zurich Insurance Germany’s IT and Business Landscape to Streamline the Customer Journey, Enhance Customer Experience, Innovate at Scale and Drive Growth
FRANKFURT | MUMBAI, September 21, 2022: Tata Consultancy Services (TCS) BSE: 532540, NSE: TCS) and Zurich Insurance Germany (Zurich) have expanded their partnership, making TCS the exclusive strategic IT partner for the latter’s life insurance IT landscape.
TCS has been a partner to Zurich Insurance Germany since 2016 and has been working closely to deliver key business initiatives in general insurance, customer and sales, and life legacy portfolios. With the expanded strategic partnership, TCS will help the insurer modernize, transform and manage the entire application estate supporting its life insurance business; improve, and standardize IT and business processes; accelerate cloud and digital adoption; and drive technical and domain innovation at scale.
Leveraging its deep contextual knowledge of Zurich’s IT and business landscape and vast experience in leading innovation-led business transformations, TCS will help the insurer streamline the customer journey through digitalization and process simplification, enhance customer experience, and expand the use of the bancassurance channel. TCS will also leverage its innovation centers and capabilities to help Zurich scale its innovation efforts at speed and launch new digital services and products.
TCS will help Zurich embrace a new IT operating model, leveraging DevSecOps and automation. This will enable the insurer to bring innovations faster to market, and enhance the digital customer journey. TCS will also work closely with Zurich IT in joint agile teams to build a stronger internal IT core competency by leveraging TCS’ Talent Transformation framework.
“Zurich is on a transformation journey – an “accelerated evolution” – with the aim of improving our digital capabilities, accelerating the development of new solutions and thus modernizing the IT landscape. We are creating a strong new foundation that will help us maintain our growth trajectory while focusing on customer experience,” said Jens Becker, CIO, Zurich Group Germany. “Due to their excellent delivery competence, strong customer orientation and technical expertise, we have been working successfully with TCS for several years, and are now building this into a strategic partnership, selecting TCS as the exclusive partner for the life insurance domain.“
“We are delighted to expand our partnership with Zurich Insurance Germany to drive their digitalization and transformation agenda. Given TCS’ deep experience in the insurance industry, strong talent pool, and innovation hubs such as TCS Pace Port™, we are uniquely positioned to help Zurich Insurance Germany in their growth and transformation journey and enhance their competitive differentiation to become a market leader,” said Uma Rijhwani, Business Unit Head, Banking, Financial Services, and Insurance – Central Europe, TCS.
Present in Germany since 1991, TCS currently partners with over 100 leading German corporations in their growth and transformation journeys, including 23 of the stock index DAX40. TCS has been consistently ranked number one for customer satisfaction in an independent survey of CxOs at top IT spending European organizations by Whitelane Research.
About Zurich Group Germany
The Zurich Group in Germany is part of the global Zurich Insurance Group. With premium income (2021) of over EUR 6.3 billion, investments of more than EUR 53 billion and around 4,500 employees, Zurich is one of the leading insurance companies in Germany.
Zurich offers innovative, efficient, and sustainable solutions and services for insurance, pensions and risk management from a single source. In line with the goal of “shaping a better future together”, Zurich strives to be one of the most responsible and impactful companies in the world.
About Tata Consultancy Services (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development.
A part of the Tata group, India’s largest multinational business group, TCS has over 606,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS’ proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index.
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Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced that it has signed a definitive agreement to form a joint venture with Grosvenor’s Diversified Property Investments business (“Grosvenor”) to deploy $100 million of equity, with the option for follow-on investments, to purchase and amenitize best-in-class office assets that are positioned to capture an outsized share of their respective submarket’s leasing and absorption due to their attractive location and ability to meet the needs of the modern tenant.
In the aftermath of the COVID-19 pandemic, Bridge believes that demands of employees and employers continue to become more discerning as it relates to office space. Market-leading amenitization, environmentally conscious initiatives, and a highly connected location are now tenant requirements, not tenant wishes. The joint venture seeks to tap into the “knowledge economy” by deploying capital into highly connected assets in strategic locations that combine accommodating business environments, a high quality of life, and rapidly growing pools of talented labor with environmental sustainability.
“The dislocation in the markets has created an opportunity for Bridge and Grosvenor to capitalize on under-amenitized office properties where the previous owner may not have the capex budget, time horizon, or financing access to turn strategically positioned office buildings into state-of-the-art assets. The Bridge built-in property management and leasing capabilities, combined with our focus on environmental sustainability, including our collaboration with Bridge’s Solar team, enable us to create incremental value from assets that we believe are well positioned but not yet achieving their full potential,” said John Ward, Chief Investment Officer for Bridge’s Commercial Office Strategy.
Grosvenor’s Diversified Property Investments team works to diversify the business’ global property portfolio by backing specialist third-party managers in sectors and countries that complement the activities of its regional operating companies, like Grosvenor Property Americas and Grosvenor Property UK. Since their first investment in 2012, the team has committed over $800 million of equity across five continents with 19 specialist third-party management teams.
Andy Yates, Chief Investment Officer, Grosvenor Diversified Property Investments, added: “We’re pleased to have entered into our second partnership with Bridge, which shares our ambition to provide exceptional workplaces for businesses and employees centered around sustainability and wellness.
“Looking ahead we have a strong belief in the resilience of high-quality and well-located offices in growth cities and continue to seek similar opportunities with specialist managers as we expand Grosvenor’s Diversified Property Investments business and help diversify its global portfolio.”
The first asset acquired in the joint venture is Camelback Center, located in the high-growth market of Phoenix, Arizona in the prestigious Camelback Corridor. Camelback is a submarket recognized as a premier corporate location with dense, walkable amenities and strong access to labor and in-demand housing. From 2009 to 2021, over $25.1 million has been invested to upgrade and modernize Camelback Center, including a new café, outdoor patio with amenities, lobby upgrades, common area and restroom upgrades, and new conference facilities. This nine-story class A building contains 236,553 square feet with covered parking and is currently 82% leased. In addition to the $25.1 million invested in the property since 2009, Bridge intends to drive value with continued capital improvements that enhance the newly added amenities and upgrades. Bridge also expects to incorporate tenant facing engagement technology and ESG-focused initiatives, such as solar.
About Bridge Investment Group
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $42.0 billion of assets under management as of June 30, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.
About Grosvenor Group Limited
Grosvenor is an international developer, manager and investor improving property and places across many of the world’s leading cities.
Grosvenor’s Diversified Property Investments business co-invests with like-minded partners in third-party managed joint ventures to grow and diversify exposure in regions, sectors and investment types that are beyond the focus of Grosvenor’s regional property operating companies.
Grosvenor Diversified Property Investments promotes sustainability within the built environment, enhancing the wellbeing of their customers and communities to ensure that their activities can make a positive difference to society. Since their first partnership in 2011, they have invested across Europe, North and South America, Sub-Saharan Africa and Australia.
Grosvenor Diversified Property Investments is a values-led organisation which represents the Grosvenor family. Their work in property, alongside Grosvenor’s other activities in food and agtech, rural estate management and support for philanthropic initiatives, shares a common purpose – to deliver lasting commercial, social and environmental benefit – addressing today’s needs while taking responsibility for those of future generations.
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. All statements other than statements of historical facts may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “outlook,” “could,” “believes,” “expects,” “potential,” “opportunity,” “continues,” “may,” “will,” “should,” “over time,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “foresees” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. Accordingly, we caution you that any such forward-looking statements are based on our beliefs, assumptions and expectations as of the date made of our future performance, taking into account all information available to us at that time. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. Actual results may differ materially from those express or implied in the forward-looking statements as a result of a number of factors, including but not limited to those risks described from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. The Company undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of the Company or any investment fund managed by the Company or its affiliates.
MT Newswires 2022
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Premiums are set to remain “inflated” as changing climate patterns lead to more extreme weather events in Australia, analytics consultancy Decision Inc said today after examining key data from the last few years.
The consultancy analysed rainfall data from the Bureau of Meteorology (BOM) and Australian Prudential Regulation Authority gross written premium (GWP) figures and found a correlation: premium costs have risen in line with annual rainfall increases.
GWP rose to $10.4 billion last year from $8.3 billion in 2019 with rainfall data tracking in line, increasing to 172,000mm from 102,000mm over the same period.
“You can clearly see a broad correlation with how increases in rainfall are affecting the insurance sector over the past three years,” CEO Aiden Heke said.
“The climate has seemingly shifted already, and everything from the relentless flooding seen in Queensland and NSW this year, to the devastating bushfires of 2019 and even pestilence are occurring more regularly and seemingly one after the other.
“As climate impacts rise, so too do the premiums.”
Last week the BOM declared a La Nina is under way, igniting worries the flood-hit east coast may again be inundated in the coming months. The BOM declaration means it will be the third straight year of La Nina in Australia.
Decision Inc says without near term solutions, Australians will need to become accustomed to more regular catastrophic climate events, and therefore become accustomed to the increased costs associated with recovering in the aftermath.
“We need businesses to take a stronger stance, understand their emissions and build climate risk into their modelling, and make change at the board level,” Mr Heke said.
“Major government projects can only do so much; real change can be made at the board level on down.
“In the near term? Sadly, it looks like we’ll be stuck with climate-driven inflated insurance premiums for a while yet.”
Pharmaceutical company Limedika chooses
“With a diverse set of business activities and retail services across multiple locations and companies, we wanted to introduce company-wide processes, unify the employee experience, standartize the support request procedures and introduce company-wide benchmarks for employee request resolution,” says Head of Innovations at Limedika Martynas Gelzinis.
Limedika utilized Salesforce Service Cloud to launch a company-wide employee support center and a custom-developed Bluelark application to manage remote retail locations.
Limedika retail network spans 360 pharmacy outlets, covering all territory of
“Say the window at a pharmacy got broken overnight. Some products or documents have not arrived. A colleague got sick and employee shifts need rescheduling. Earlier such requests were handled on a case-by-case basis, via phone or email. The new platform will help to establish company wide KPIs on how quickly and how well the problem was solved and no such requests are missed,” adds
In addition to employee service requests,
“Prior to platform architecture, we started this project with extensive architecture of business processes to consolidate the employee experience. No matter, whether the pharmacist is working in one or the other retail chain, no matter the region – all business processes from making a vacation request, to handling pharmaceutical product documentation are the same throughout the group,” says Head of Bluelark consultancy
Last year, the Service Cloud was launched for external Limedika customer support. Limedika has also deployed the Salesforce Marketing Cloud. The platform combines the customer experience across the offline and online channels – helping to account for customer purchases made on any of them, providing a holistic customer overview, calculating loyalty points and providing personalized offers.
In September Salesforce became the largest enterprise-app vendor (by revenue and market share), continuing 73 consecutive quarters of growth.
About Limedika | www.limedika.lt
Founded in 1994, Limedika provides pharmaceutical wholesale and distribution services. The company supplies more than 1500 Lithuanian pharmacies and hospitals with pharmaceutical and medical products, shops and optician companies with medicine and cosmetics. Company’s vast array of products consists of 4000 pharmaceutical items and over 9000 medical products. Limedika co-operates with independent pharmacies and pharmacy chains in
About Bluelark | https://www.bluelark.digital
Bluelark is the first dedicated full service
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Are you dreaming of the classic terrace house, or do London’s new-build homes pique your interest? Recently, energy efficiency has risen in buyers’ priorities, which puts a spotlight on London’s new homes.
New homes have romanced many London buyers with their convenience in the moving-in process. No renovating, painting, cleaning and repairing upon move-in, plus no onward chain to worry about. However, recently, another aspect of new homes has been brought into focus – energy efficiency.
Photograph: Leafy, waterfront Woodbury Down in Finsbury Park, on the market with Foxtons.
You cannot read a newspaper or watch a news programme without hearing about energy prices these days. According to an article by the BBC, “A typical household’s energy bill will rise to £2,500 a year from 1 October (from £1,971).” In fact, as the article describes, the average would have nearly doubled to £3,549 this October if it weren’t for a newly announced price cap. For many of us, energy usage is a daily topic in public spaces and a constant consideration at home, so it should come as no surprise that this characteristic of new-build homes is gaining traction with homebuyers. According to a survey by Zoopla, “More than two-thirds of new-build buyers (69%) said EPC ratings were either extremely or very important to them.”
A well-deserved reputation
Photograph: energy-efficient homes in Brentwood Acres are on the market now with Foxtons
This Brentwood development features homes with air source heat pumps, solar panels on the roofs, and electric charge points in the parking bays.
The first question on anyone’s mind is: are new homes actually more energy efficient? And yes, generally, they are. New homes must be constructed in line with the latest building regulations. A typical new build will have double or triple glazed windows, properly installed insulation, and efficient heating. The Home Builders Federation (BFA) published new research, Greener, Cleaner, Cheaper, which finds, “For the dwellings logged in the 12 months to September 2021, around 84% of new builds are rated A-B for energy efficiency, while just 3% of existing properties reached the same standard. In contrast, 58% of existing dwellings had an efficiency rating of D-G, as compared to just 5% of new builds.”
But it doesn’t stop there
The most important part? It’s getting better all the time. Building developers are aware of increasing regulations to come. A Government press release announced that by 2025, all new build homes will be “expected to produce 75-80% lower carbon emissions compared to current levels.” The government also committed to ensuring new homes are net-zero-ready, which means no retro-fitting or refurbishment will be necessary for these new homes to reach zero carbon emissions. Already, from 15th June 2022, new homes must meet higher standards to reduce carbon emissions by at least 31% (Gov.uk).
Another regulation recently came into place that will help energy-conscious house buyers, “A new residential building with associated parking must have access to electric vehicle charge points” (Infrastructure for the charging of electric vehicles). The new regulations don’t apply if the planning application for a building was submitted before 15 June 2022, so we have some years to go before this becomes the norm. However, in the future electric car owners will be able to buy a new-build home and rest assured they’re able to charge overnight.
The benefits to your wallet
As energy prices are going up, we can assume the savings for a more energy efficient home will be even greater than recent research suggests. However, HBF’s research stated, “By purchasing a new home rather than an older, less energy efficient property, last year’s new build purchasers are saving 576,000 tonnes of carbon emissions” and in 2021, that equated to “collectively, owners of new build homes were able to save an estimated £112 million over the course of the year, approximately £435 per dwelling” (Read the report).
The tides are changing
Next year will be the 30th anniversary of Foxtons dedicated New Homes department, and we’ve seen many changes in the relationship between Londoners and new-build homes these past three decades. There was a swell of interest when Help to Buy came into effect. (This scheme is ending, and applications must be submitted by 31 October 2022. If you’re using Help to Buy, read this blog and act now.)
However, we’re witnessing a budding interest in energy efficiency. Our Area Director of New Homes and Investments & Development Consultancy, Neil McGimpsey said, “Whilst lower maintenance and running costs have always been a consideration for buyers choosing a new build property, growing awareness of climate change has prompted specific attention on energy efficiency. Given the current price rises, it is natural people will look for ways to use less energy so we expect this trend to accelerate.”
A survey and analysis by Zoopla found, “New-builds can save you 52% on energy costs over a year – but most people think it’s less.” If you’re shopping around for an energy efficient home, why not learn a bit more about London’s new homes? Let us show you around one of our energy efficient new builds sometime; either register with My Foxtons or take a look at our new build properties that are on the market now.
First Nations small business owners face bigger insurance challenges than the rest of the country, according to new research commissioned by Allianz.
Just 21% of Indigenous SME owners have general property insurance, compared with 42% for the broader SME sector and while 95% agreed insurance is a “must have” for their business, about half say there were probably things that they needed insurance for, but they were not aware of these requirements.
In other key findings released today, 16% of First Nations SME owners say they do not have any insurance cover with the no-insurance take up rate even higher in less established businesses and the ones with smaller turnover, at 23% and 19% respectively.
Allianz says the research, conducted by First Nations engagement consultancy Winangali, holds important findings for the insurance industry.
“First Nations businesses provide important social and economic benefits to First Nations communities through employment, empowerment and self-determination,” GM Conduct and Customer Advocacy Sema Musson said.
“We know that business insurance is a key aspect of building successful and resilient businesses, and by working with First Nations consultancies such as Winangali, we are seeking to better understand the role insurers can play to support this growing sector.”
The research also found only 8% of business owners agree that insurance companies understand First Nations businesses and just 25% agree the industry understands the particular needs of their business.
Almost 70% of business owners surveyed said that having an insurance company that understands First Nations businesses is extremely important in their decision-making about insurance purchases.
About 63% purchased their insurance through a broker, with 75% citing convenience is a key reason and about 50% reported they turn to a broker because they need insurance cover that’s more tailored to their businesses.
“This channel of purchase, information advice and support will be important in achieving a better understanding of First Nations businesses,” the report says.
Allianz says it is also a cause of concern that only 21% had general property cover.
“The disparity in general property insurance for First Nations small businesses indicates a particular risk for those businesses operating in the home and expecting coverage under their home and contents policy,” Ms Musson said.
“Business stock may not be covered, or have very limited cover, as part of general home and contents insurance, and in addition, if an incident was to occur in a home where a small business operates, the home insurance cover may also be void.”
The research defines First Nations businesses as enterprises that are majority owned by persons identifying as Aboriginal and/or Torres Strait Islander and with up to $20 million in annual turnover.
Click here for the report.
Tata Consultancy Services Reimagines Business Processes with SAP S/4HANA on the Cloud, Helping the Healthcare Company Become Future-Ready and Drive Growth.
Penumbra has been pursuing a technology-enabled growth strategy, broadening its portfolio of devices that address challenging medical conditions through innovation at scale, and expanding its footprint in emerging markets. To support this growth journey, the healthcare company selected TCS as its strategic partner to transform its core processes using digital technologies.
TCS’ functional consultants leveraged their deep contextual knowledge, hybrid agile methodology, and the TCS Crystallus, a set of preconfigured industry and business solutions, and designed digital-ready processes harmonized across Penumbra’s global order management, finance, and procurement functions. Further, TCS seamlessly integrated internal and external data sources to enable real-time insights for better decision-making and simplified self-service.
The new cloud-based digital core powered by SAP S/4HANA drives end-to-end business transformation, enhances user experiences, and supports Penumbra’s growth aspirations.
‘TCS has been a valuable partner in delivering a transformed platform to drive our integrated enterprise growth strategy,’ said
‘The new future-ready digital platform built by TCS will help Penumbra drive differentiated business capabilities delivering superior user and end customer experiences. A cloud-first digital core is a key to enterprises’ growth and transformation journeys. Our investments in innovation, extensive partnerships in the technology ecosystem and deep contextual industry knowledge have made us the preferred partner to enterprises in these journeys,’ said V Rajanna, Global Head, Communications, Media, and Technology Business, TCS.
A part of the Tata group,
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