DUCK CREEK TECHNOLOGIES LAUNCHES PAYMENTS FACILITATOR TO CREATE END-TO-END INSURANCE PAYMENT SOLUTION

New Solution Simplifies Insurance Carriers’ Payments Delivering Secure Transaction Capabilities as Part of the Proven Duck Creek Platform

BOSTON, Oct 3 (Bernama-GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today introduced its latest insurance-focused payments solution, the Duck Creek Payments Facilitator. This modern, end-to-end payment solution caters to the nuances of payments within insurance by providing carriers with access to digital payment methods for both collecting and disbursing funds.

Duck Creek Payments Facilitator delivers a global solution, combining real-time capabilities, like FedNow, with traditional payments services and Banking as a Service (BaaS) functionalities, such as transactions via push-to-card or digital wallets. Now insurers can collect or pay out to policyholders using any payment technologies in their market of choice.

“In today’s fast-evolving insurance landscape, carriers require more than just transactional solutions. They need a secure, agile, and future-proof approach to global payment processing,” said Jess Keeney, Chief Product and Technology Officer at Duck Creek Technologies. “The Duck Creek Payments Facilitator delivers exactly that—enabling insurers to effortlessly manage instant claims payouts to real-time premium payments—all from a single, proven solution.”

Duck Creek Payments includes Duck Creek Payments Facilitator and Duck Creek Payments Orchestrator, introduced earlier this year. The Duck Creek Payments Orchestrator is designed to seamlessly integrate with carriers existing systems, greatly reducing carrier integration times and costs, while still allowing access to the entire global payments ecosystem.

“As we continue to innovate and expand our offerings, our focus remains on solving the most critical challenges our insurance clients face,” said Michael Jackowski, Chief Executive Officer of Duck Creek Technologies. “The Duck Creek Payments Facilitator is designed specifically to address the unique operational demands of insurance carriers. By embedding this capability into our broader platform, we’re offering carriers a holistic approach that supports flexibility, boosts efficiency, and helps our clients deliver a frictionless experience for policyholders, agents, and vendors.”

For more information on the Duck Creek Payments Facilitator visit Duck Creek Payments.

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 X. 

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QUANTIOS ACQUIRES KLEA; ACCELERATES AUTOMATION IN CORPORATE SERVICES

LONDON, Oct 3 (Bernama-BUSINESS WIRE) -- Quantios, the global provider of Wealth and Corporate Services SaaS solutions, is pleased to announce it has completed the acquisition of Klea, an AI-powered legal entity management (LEM) tool.

Led by a highly experienced management team, Klea has built an innovative platform to effectively manage recurring corporate statutory events for a global customer base. Klea’s collaboration tool provides a single source of truth, streamlining corporate secretarial work for legal teams and giving access to real-time, accurate entity data. Headquartered in Belgium, the company boasts legal expertise in over 100 countries, making it highly complementary to the global reach of Quantios SaaS solutions.

Backed by Hg and EQT, Quantios is committed to leading digital transformation for trust and corporate service providers (TCSPs). By combining Klea’s AI-enabled legal entity management tool with Quantios software, corporate legal teams and multi-client service providers will now have access to comprehensive automated workflow solutions.

“The combination of Klea and Quantios affirms our commitment to digitising the TCSP industry by accelerating our ability to automate core corporate service processes,” said Guy Harrison, CEO of Quantios. “Led by Filip, the Klea team have built a best-in-class solution that will increase efficiencies for our customers and corporate legal teams worldwide. We are delighted to be working with them in this next phase of growth for us all.”

“We are proud to become part of Quantios,” commented Filip Corveleyn, CEO of Klea. “This opens a myriad of new opportunities for our clients and will vastly extend the breadth and depth of our offering. We are excited to work with Guy and his team to advance our AI-powered solution and give clients an efficient and worry-free entity management experience.”

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Crown Bioscience Bolsters Singapore Facility With Advanced Oncology Models, Imaging Capabilities

KUALA LUMPUR, Oct 2 (Bernama) -- Crown Bioscience, a global contract research organisation (CRO) has announced an expansion of its facility in Singapore with new oncology research models and state-of-the-art imaging technologies.

Located in the epicentre of Asia's biomedical sciences hub, the enhanced facility is set to bolster the company’s support for both global and local biotech and pharmaceutical companies engaged in preclinical and translational oncology drug discovery and development.

“The expansion of our Singapore facility not only amplifies our oncology research capabilities but also reflects our strategic initiative to diversify our global operational bases and enhance accessibility in key regions.

“This ensures that we can continue to provide our clients with unmatched precision and efficiency in preclinical and translational drug research and development,” said Crown Bioscience Interim Chief Executive Officer, John Gu in a statement.

Opened in 2023, the Singapore facility enhances Crown Bioscience's strategic global presence, which spans 12 locations worldwide, and offers an extensive selection of oncology models, utilising in vivo syngeneic, cell-derived xenograft (CDX), and patient-derived xenograft (PDX) models.

Tapping into its prime location and strong partnerships with leading science and technology providers, the facility is now equipped with advanced Magnetic Resonance Imaging (MRI) for orthotopic and systemic models, In Vivo Imaging Systems (IVIS), and its transient human immunity platform (MiXeno), alongside comprehensive biomarker services.

Headquartered in California, United States, Crown Bioscience is a part of JSR Life Sciences and JSR Corporation, dedicated to improving human health via partnering with biotech and pharmaceutical companies that drive the discovery and development of oncology drugs.

-- BERNAMA

CURIUM JOIN FORCES WITH PEPTIDREAM FOR PROSTATE CANCER THERANOSTICS IN JAPAN

KUALA LUMPUR, Oct 2 (Bernama) -- Curium, a world leader in nuclear medicine, has entered into a strategic partnership with PDRadiopharma Inc, a wholly-owned subsidiary of PeptiDream, for the clinical development, regulatory filing, and commercialisation in Japan of two agents, 177Lu-PSMA-I&T and 64Cu-PSMA-I&T.

Curium will continue to lead global development of the two agents and support PDRadiopharma through technology transfer to support the set-up of manufacturing lines in Japan, including a high throughput Copper 64 manufacturing line based on Curium’s proprietary technology.

According to a statement, Curium and PDRadiopharma have a long-standing relationship in the radiopharmaceutical field.

“As a global innovator in the field of radiopharmaceuticals with a promising late-stage oncology pipeline, Curium is delighted to partner with PDRadiopharma, which has more than four decades of experience in Japan.

“Curium and PDRadiopharma plan to leverage their complementary strengths to accelerate the development of innovative products for the benefit of prostate cancer patients in Japan,” said Curium Chief Executive Officer, International Markets, Chaitanya Tatineni.

The two agents target prostate specific membrane antigen (PSMA) expressed on prostate cancer cells and are being investigated for prostate cancer treatment and diagnostics.

Both target tumours with high levels of PSMA expression, thus potentially forming a theranostic (therapeutic & diagnostic) pair.

PSMA-targeted PET/CT imaging is increasingly emerging as a highly sensitive method for detection of locally recurrent or metastatic lesions in the context of biochemical recurrence and for localisation of primary prostate cancer.

Prostate cancer continues to be widely prevalent in Japan. Annually, there are approximately 90,000 to 100,000 new cases, with patients with metastatic castration-resistant prostate cancer having an overall survival rate of approximately three years in clinical trial settings and even shorter in the real world, and there remains a significant unmet medical need for therapies.

-- BERNAMA

BERKSHIRE HATHAWAY SPECIALTY INSURANCE ANNOUNCES GLOBAL AND UK CASUALTY PROMOTIONS

BOSTON & LONDON, Oct 2 (Bernama-BUSINESS WIRE) -- Berkshire Hathaway Specialty Insurance (BHSI) today announced it has named Caroline Alder-Smurthwaite to its Global Underwriting Office for Casualty & Healthcare and promoted Charlotte Behar to succeed Caroline as Head of Casualty, UK.

“Caroline has done an excellent job steering our casualty business in the UK, prioritizing consistency and stability for our customers and brokers,” said Hilary Browne, Deputy Global Chief Underwriting Officer, at BHSI. “I look forward to collaborating with Caroline in her new role as a member of our Global Underwriting Team as she works closely with our Casualty and Healthcare underwriting leaders throughout the world to ensure BHSI’s global approach to underwriting is understood and executed on, while at the same time tailored to local market characteristics. She leaves our UK Casualty business in excellent hands, with Charlotte ensuring a seamless transition, and bringing strong financial acumen, underwriting talent, and customer and broker relationships to her elevated role.”

“Just as we emphasize building strong, lasting relationships with our customers and brokers, we similarly prioritize building a deep and enduring bench of talent inside BHSI,” said Nick Major, Country Manager, UK, at BHSI. “This pair of promotions is indicative of our excellent depth of talent and our success in this endeavor. I’m excited to work with Caroline and Charlotte as they move into their new roles.”

Caroline joined BHSI as Head of General Casualty, UK, in 2021 and brings 25 years of industry experience to her new leadership role. Throughout her career she has held several senior-level roles focused on corporate and global casualty. Caroline continues to be based in London and can be reached at Caroline.Alder-Smurthwaite@bhspecialty.com.

Charlotte, who was previously UK General Casualty Manager, joined BHSI in 2020. She has nearly 15 years of underwriting experience in the European marketplace. She continues to be based in London and can be reached at Charlotte.Behar@bhspecialty.com.

Berkshire Hathaway Specialty Insurance (www.bhspecialty.com) provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance. The actual and final terms of coverage for all product lines may vary. It underwrites on the paper of Berkshire Hathaway's National Indemnity group of insurance companies, which hold financial strength ratings of A++ from AM Best and AA+ from Standard & Poor's. Based in Boston, Berkshire Hathaway Specialty Insurance has offices in Atlanta, Boston, Chicago, Columbia, Dallas, Houston, Indianapolis, Irvine, Los Angeles, New York, Plymouth Meeting, San Francisco, San Ramon, Seattle, Stevens Point, Adelaide, Auckland, Barcelona, Brisbane, Brussels, Calgary, Cologne, Dubai, Dublin, Frankfurt, Hamburg, Hong Kong, Kuala Lumpur, London, Lyon, Macau, Madrid, Manchester, Melbourne, Milan, Munich, Paris, Perth, Singapore, Stockholm, Sydney, Toronto, and Zurich.

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Contact

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JoAnn Lee / +1 617.936.2937

Source : Berkshire Hathaway Specialty Insurance

MALAYSIA STANDS OUT IN RECRUITMENT ACTIVITY REPORTING STRONG MOMENTUM

KUALA LUMPUR, Sept 30 (Bernama) -- Bossjob recently announced a significant milestone in the Malaysian market, achieving double growth in both jobseeker registrations and employer sign-ups.

According to a statement, when it comes to global expansion, Southeast Asia has become a region impossible to overlook, and Malaysia, in particular, stands out as a rising star with immense potential.

In sectors like internet applications and services, many areas remain relatively untapped, offering a golden opportunity for businesses expanding into Malaysia.

For instance, in August, Bossjob entered into a strategic partnership with the Hvala Group to assist them in finding top talent in Malaysia, and as part of this collaboration, a dedicated Hvala recruitment section was launched on the Bossjob website and app.

Additionally, Hvala rolled out an offline brand campaign, “Can You Serve?” at its stores, encouraging interested individuals to register on Bossjob and apply for roles.

Hvala’s recruitment team engages directly with applicants via Bossjob’s chat feature, making the hiring process more efficient, to which this innovative approach has captured the attention of Malaysia’s youth.

Since the campaign’s launch, Bossjob has seen over a million impressions on its platform, with nearly 500 users applying for Hvala positions through the app’s chat function, and within the first week alone, three offers were extended, sparking buzz in the local job market.

-- BERNAMA

UBIQUBE TAPS SEASONED CLOUD, SECURITY VETERANS TO STRENGTHEN BOARD

KUALA LUMPUR, Oct 1 (Bernama) -- UBiqube, a leader in hybrid cloud and security infrastructure automation, has appointed two seasoned executives, Jean-David Lehmann-Charley and Ahmed Guetari, to its Board of Directors.

“I am humbled and proud of the endorsement of the addition of Jean-David and Ahmed to our board represents. Their experience and industry knowledge will be invaluable as we scale our operations and continue to expand into global markets,” said UBiqube Chief Executive Officer, Nabil Souli.

UBiqube in a statement said both leaders bring extensive expertise in network, security, and cloud technologies, with proven track records in driving innovation and growth in the service provider industry.

Their addition comes at a pivotal time for UBiqube as the company embarks on its Agile Ops journey, implementing scalable, automated solutions for CloudOps, NetOps, and SecOps practices.

They will join the company’s distinguished directors from NTT and Fujitsu and complete the board with relevant skills to drive the adoption of UBiqube’s innovation.

Lehmann-Charley brings over 20 years of experience in complex sales, direct and indirect, in the network & security market across Europe, the Middle East, and Africa (EMEA) and Latin America at Palo Alto and before that at Juniper.

Meanwhile, Guetari, General Manager and Vice President of products for Service Providers at F5, brings over 20 years of industry experience. He is an industry-wide recognised strategic thinker with a passion for delivering technology with purpose.

Based in Dublin, Ireland, UBiqube partners with leading system integrators worldwide to design and deliver tailored solutions that address the complexity of an ever-changing information technology infrastructure landscape.

-- BERNAMA