EARSC’s Post

Celebrating #MGAs in this panel on the future of #insurance at the AltaWorld Insurance Tech & Innovation Conference. James Rawstron, Director of Underwriting at INSHUR shared his top tips for driving industry change; 📌 Always work out the need of the #customer first, then find the solution 📌 Think about the way people work in this day and age e.g. #gigeconomy and the impracticality of 12-month contracts 📌 Senior management need to sponsor the #innovation agenda. It's key to create a culture where experimentation is championed and failures are seen as a learning opportunity And finally (the most important point, in our view…!); 📌 Work with MGAs! #ITICLondon2024 #insuranceconference #insurtech #digitaltransformation

Aliaxis publishes H1 2024 results Aliaxis, a world leader in fluid management solutions that enable access to water and energy, announces its first-half 2024 results. Highlights – 6-month period ended June 30, 2024 Revenue of €2.0 billion, a like-for-like1 decrease of 5.2% vs H1 2023 Recurring EBITDA2 of €305.6 million, a decrease of 13.1% on a like-for-like basis1 vs H1 2023 Recurring EBITDA margin of 15.1%, declined by 1.1 p.p. vs H1 2023 Net profit amounts to €123.2 million. Compared to H1 2023 and excluding the net accounting gain on shares of Uponor recognised in that period, net profit is down 16.9% Net financial debt3 of €860 million, an increase of €106 million vs December 2023. Leverage of 1.5x last-twelve-months recurring EBITDA On August 29, Aliaxis expanded its US footprint by acquiring the manufacturing assets of Johnson Controls’ CPVC fire suppression systems business Managing Director, Thierry Vanlancker comments on the first-half results: “Aliaxis continues to deliver good operating profitability despite the softer market conditions, especially in EMEA, the Pacific, and Latin America, while facing pricing pressures in North America. Revenue was €2.0 billion, down 5.2% from the first-half of 2023 on a like-for-like1 basis, but our teams were able to keep the recurring EBITDA margin resilient at 15.1%, down 1.1 p.p.. A highlight was seeing our Indian organisation regain share in a fast-growing market. In another of our key strategic markets, the US, we continued to capitalise on newly added capacity to expand our market position. Given the challenging market conditions, we are doubling down on operational discipline, while seeking opportunities to better leverage the scale of our group to achieve new levels of performance.” #Aliaxis #AshirvadByAliaxis

We're excited to introduce our newest version of Fleet Database, enabling maritime professionals to quickly filter the global fleet based on vessel specifications, valuations, ownership tiers, green information, and more. This enhancement saves teams tremendous time and effort researching the best possible opportunities with enhanced searchability, self-service customizations, improved energy efficiency performance, including CII, and much more. Read our blog to learn what all you can do with Fleet Database: https://hubs.ly/Q02BY-Zn0 #GlobalFleet #VesselSpecifications #EnergyEfficiency #CII #FleetDatabase #VesselsValue

While natural disasters like earthquakes are unpredictable, their financial consequences can be mitigated through proper insurance coverage. Insurance companies can play a crucial role in narrowing the protection gap by implementing several strategies. Don’t miss the 2024 Türkiye Insurance WEEK. Dive into real topics. Join phenomenal industry speakers as they discuss strategies to Enhancing earthquake resilience in Türkiye: Addressing critical Issues and bridging the protection gap. Register today: https://lnkd.in/eAjiyMcE 𝐌𝐨𝐝𝐞𝐫𝐚𝐭𝐨𝐫: 👉 Andy Woodward Regional Head, Middle East & Türkiye, Lloyd's Limited 𝐏𝐚𝐧𝐞𝐥𝐥𝐢𝐬𝐭𝐬: 👉 H. ERDEM KARABOSTAN General Manager, T-Rupt Technology 👉 Ceyhun Eren, PhD Risk Engineering and Allianz Teknik Director, Allianz Türkiye 👉 YAVUZ OLKEN CEO, AXA Sigorta 👉 Esther Baur Head Public Sector Solutions Europe, Swiss Re 👉 Michael Roth Public Sector Practice Lead, Munich Re Capital Partners 👉 Ozgur Bulent Koc Deputy General Manager, Türk Reasürans 𝐂𝐨-𝐡𝐨𝐬𝐭𝐬: ► Türkiye Sigorta Birliği ► IUC GROUP ► Sigorta Tatbikatçıları Derneği ► Asia Insurance Review 𝐒𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲: ► Investment Office of the Presidency of the Republic of Türkiye 𝐆𝐨𝐥𝐝 𝐒𝐩𝐨𝐧𝐬𝐨𝐫: ► Guy Carpenter 𝐒𝐩𝐨𝐧𝐬𝐨𝐫𝐬: ► AM Best ► Howden ► Lumnion ► Ultimate Risk Solutions ► RS Otomotiv Grubu #MEIRturkiye #Turkiye #Insurance #InsuranceIndustry #TurkiyeRendezvous #EconomicResilience #EmergingMarkets #TürkiyeInsuranceWeek2024 #InsuranceInnovation #DigitalTransformation

While natural disasters like earthquakes are unpredictable, their financial consequences can be mitigated through proper insurance coverage. Insurance companies can play a crucial role in narrowing the protection gap by implementing several strategies. Don’t miss the 2024 Türkiye Insurance WEEK. Dive into real topics. Join phenomenal industry speakers as they discuss strategies to Enhancing earthquake resilience in Türkiye: Addressing critical Issues and bridging the protection gap. Register today: https://lnkd.in/eAjiyMcE 𝐌𝐨𝐝𝐞𝐫𝐚𝐭𝐨𝐫: 👉 Andy Woodward Regional Head, Middle East & Türkiye, Lloyd's Limited 𝐏𝐚𝐧𝐞𝐥𝐥𝐢𝐬𝐭𝐬: 👉 H. ERDEM KARABOSTAN General Manager, T-Rupt Technology 👉 Ceyhun Eren, PhD Risk Engineering and Allianz Teknik Director, Allianz Türkiye 👉 YAVUZ OLKEN CEO, AXA Sigorta 👉 Esther Baur Head Public Sector Solutions Europe, Swiss Re 👉 Michael Roth Public Sector Practice Lead, Munich Re Capital Partners 👉 Ozgur Bulent Koc Deputy General Manager, Türk Reasürans 𝐂𝐨-𝐡𝐨𝐬𝐭𝐬: ► Türkiye Sigorta Birliği ► IUC GROUP ► Sigorta Tatbikatçıları Derneği ► Asia Insurance Review 𝐒𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲: ► Investment Office of the Presidency of the Republic of Türkiye 𝐆𝐨𝐥𝐝 𝐒𝐩𝐨𝐧𝐬𝐨𝐫: ► Guy Carpenter 𝐒𝐩𝐨𝐧𝐬𝐨𝐫𝐬: ► AM Best ► Howden ► Lumnion ► Ultimate Risk Solutions ► RS Otomotiv Grubu #MEIRturkiye #Turkiye #Insurance #InsuranceIndustry #TurkiyeRendezvous #EconomicResilience #EmergingMarkets #TürkiyeInsuranceWeek2024 #InsuranceInnovation #DigitalTransformation

Optimize Crane Operations with Senquip Data Logger 🚧 When it comes to safety and efficiency in harsh environments, the Senquip Data Logger is a game-changer for crane monitoring. Here’s what it offers: Prevent operation in high winds: Ensure cranes stop when wind speeds are dangerous. Level detection: Ensure cranes are properly leveled before lifting begins, improving safety and precision. Track fuel usage: Measure fuel to calculate carbon footprint and comply with ESG reporting requirements. Maximize ROI: Measure crane utilization to ensure optimal return on investment. Monitor engine health: Receive performance data and fault warnings in real-time, allowing for preventative maintenance. Track asset locations: Know where your assets are and how long they spend at each job, enabling efficient billing. The Senquip Data Logger is built for harsh environments and designed to connect your cranes to the cloud for seamless, real-time data. 👉 Take control of your crane operations with Senquip. https://interlynx.co.za #telemetry #iiot #senquip Senquip

#IBTV: Ben Johnson discusses the dynamic landscape of transportation in an exclusive interview. Explore strategies to tackle rising costs and learn how NTI sets itself apart with expert support and innovative solutions. Catch the full insights here: https://hubs.la/Q02m9cKD0 #TransportationSector #NTI #RisingCosts #Innovation #Insurance

The Genesis system targets and eliminates bacteria, fungus, and odors, ensuring a superior indoor air quality experience. It's more than a filter; it's a comprehensive solution dedicated to purifying your space from potential pollutants, making it safer and healthier for everyone. Experience hassle-free maintenance with the Genesis system. Our cost-effective approach means only the UV-C lamps require replacement every 12,000 hours (that's 15 months of continuous use!),ensuring peak performance without straining your budget. The Genesis Air Purification System offers versatile installation options tailored to suit diverse needs. Whether it's duct-mounted fittings, factory-installed AHUs, retrofit AHUs, rooftop units. Don’t compromise on the air you breathe. Genesis Air Purification Systems redefine what clean indoor air means, ensuring that your space remains not just comfortable but genuinely healthy. Join the movement towards superior air quality with Genesis Air🌐 contact:nibrasul@alraisgroup.com

Under CAaaS model, BECIS helps to shift the responsibility of compressed air supply, operation, and maintenance, unlocking energy efficiency and cost savings. Check out our new White Paper about CAaas: https://lnkd.in/gHuRjMYs #NetZerowithBECIS

Did you know the #insurance sector is harnessing the power of space? 🛰️ Satellite technology is set to redefine the insurance industry, offering unprecedented precision in #riskmanagement and claims. Dive into this article to see how satellite tech is making #insurance smarter and more responsive. Contact me today to explore the possibilities.