Eldridge Industries

Zinnia Closes Acquisition of Ebix’s North American Life and Annuity Assets

Retrieved on: 
Monday, April 1, 2024

Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge Industries business and leading life and annuity insurance technology services company, and Ebix, Inc. (“Ebix”), a supplier of software solutions, today announced that Zinnia’s acquisition of Ebix’s North American Life and Annuity Assets (the “L&A Assets”) has closed.

Key Points: 
  • Zinnia Corporate Holdings (“Zinnia” or “the Company”), an Eldridge Industries business and leading life and annuity insurance technology services company, and Ebix, Inc. (“Ebix”), a supplier of software solutions, today announced that Zinnia’s acquisition of Ebix’s North American Life and Annuity Assets (the “L&A Assets”) has closed.
  • Zinnia will be welcoming over 770 new team members across 6 locations in India and the United States.
  • Global operations across the L&A Assets will be uninterrupted for customers and partners, providing continuity for the life insurance and annuity ecosystem.
  • The acquisition will further enable Zinnia to better serve carriers, distributors, and consumers as it builds the modern rails of the insurance industry.

AllBright Alliance Welcomes Industry Powerhouses—British Airways, Guggenheim Investments and Tapestry (Coach, Kate Spade, Stuart Weitzman)—as It Marks a Year of Substantial Growth and Gender Equity Impact

Retrieved on: 
Friday, March 8, 2024

The milestone comes one year after the programme's inception, highlighting a period of significant growth and impact in supporting gender equity across the world.

Key Points: 
  • The milestone comes one year after the programme's inception, highlighting a period of significant growth and impact in supporting gender equity across the world.
  • With the addition of these new partners, AllBright Alliance now reaches over 750,000 employees across various sectors.
  • “We are thrilled to be partnering with AllBright, underscoring our significant commitment to strengthening gender equality in the workplace,” said Dina DiLorenzo, Co-President of Guggenheim Investments.
  • This helps us become a more sustainable organisation and further reduce our gender pay gap.”
    For more information on AllBright Alliance visit www.allbrightcollective.com/business ; or for interview/ further commentary, contact [email protected]

FII PRIORITY SUMMIT IN MIAMI CONCLUDES WITH URGENT CALL FOR ACTION AND PROGRESS ON AI ALIGNMENT

Retrieved on: 
Saturday, February 24, 2024

In his closing remarks, Richard Attias, CEO of FII Institute, said: "The time for action is now.

Key Points: 
  • In his closing remarks, Richard Attias, CEO of FII Institute, said: "The time for action is now.
  • More than 1000 leaders from finance, business and government attended this week's summit in Miami, and all agreed that the world faces urgent challenges.
  • FII PRIORITY Summit Miami continues conversations held in Hong Kong and Riyadh in fall (autumn) 2023.
  • The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023.

FII PRIORITY SUMMIT IN MIAMI CONCLUDES WITH URGENT CALL FOR ACTION AND PROGRESS ON AI ALIGNMENT

Retrieved on: 
Saturday, February 24, 2024

In his closing remarks, Richard Attias, CEO of FII Institute, said: "The time for action is now.

Key Points: 
  • In his closing remarks, Richard Attias, CEO of FII Institute, said: "The time for action is now.
  • More than 1000 leaders from finance, business and government attended this week's summit in Miami, and all agreed that the world faces urgent challenges.
  • FII PRIORITY Summit Miami continues conversations held in Hong Kong and Riyadh in fall (autumn) 2023.
  • The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023.

MIAMI INVESTOR SUMMIT 22/23 FEBRUARY TO CONVENE LEADERS AND INVESTORS TO ADDRESS GLOBAL CHALLENGES

Retrieved on: 
Monday, February 12, 2024

MIAMI, Feb. 12, 2024 /PRNewswire/ -- With the world experiencing an array of immediate and long-term risks, including geopolitical tension, contested elections, polarised discourse, climate concerns, AI threats and economic headwinds, the FII Institute is convening an international summit to encourage the mobilisation of investment as a force for good.

Key Points: 
  • Leaders from across the world, and across the political spectrum will gather in Miami on 22 and 23 February.
  • Discussions will include the digitisation of every economic sector, investor outlook, climate tech, the new AI ecosystem, innovations for better urban environments, and the forthcoming US elections.
  • FII PRIORITY Summit Miami continues conversations held in Hong Kong and Riyadh in fall (autumn) 2023.
  • Miami has been chosen for its vibrancy, diversity, economic significance, and its role as a vital link between continents, economies, and societies.

MIAMI INVESTOR SUMMIT 22/23 FEBRUARY TO CONVENE LEADERS AND INVESTORS TO ADDRESS GLOBAL CHALLENGES

Retrieved on: 
Monday, February 12, 2024

MIAMI, Feb. 12, 2024 /PRNewswire/ -- With the world experiencing an array of immediate and long-term risks, including geopolitical tension, contested elections, polarised discourse, climate concerns, AI threats and economic headwinds, the FII Institute is convening an international summit to encourage the mobilisation of investment as a force for good.

Key Points: 
  • Leaders from across the world, and across the political spectrum will gather in Miami on 22 and 23 February.
  • Discussions will include the digitisation of every economic sector, investor outlook, climate tech, the new AI ecosystem, innovations for better urban environments, and the forthcoming US elections.
  • FII PRIORITY Summit Miami continues conversations held in Hong Kong and Riyadh in fall (autumn) 2023.
  • Miami has been chosen for its vibrancy, diversity, economic significance, and its role as a vital link between continents, economies, and societies.

gamma. Announces New Funding Partner Alpha Wave Global to Cap Off a Year of Momentum and Expansion

Retrieved on: 
Thursday, February 1, 2024

the opportunity to build on its first-year success with additional capabilities in music, direct-to-consumer, and media, underpinned by a strong technical foundation and global perspective.

Key Points: 
  • the opportunity to build on its first-year success with additional capabilities in music, direct-to-consumer, and media, underpinned by a strong technical foundation and global perspective.
  • We are thrilled to support the business and look forward to being a part of its future.”
    “What Larry has successfully built with gamma.
  • “We are excited to partner with Alpha Wave Global as gamma.
  • continues to flourish and provide artists a dynamic platform to create remarkable content and connection to their fans.”

KOHO Raises an Additional C$86 Million in Funding and Surpasses One Million Users

Retrieved on: 
Thursday, December 7, 2023

New and existing KOHO investors provided the capital, including Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, BDC, and TTV.

Key Points: 
  • New and existing KOHO investors provided the capital, including Drive Capital, Eldridge Industries, HOOPP, Portage, Round13, BDC, and TTV.
  • Despite a decline in Canadian fintech investment during the first half of 2023, KOHO shines as an exceptional success story in the industry.
  • “We set out to raise this additional capital with one thing in mind: to accelerate building value for users,” said Daniel Eberhard, CEO and founder of KOHO.
  • In the app, users have the opportunity to remain informed as KOHO's roadmap is public and open for comments.

Recover™ and Valdese Weavers Partner for Circularity in the Home Textiles Industry

Retrieved on: 
Thursday, November 9, 2023

Valdese Weavers, the leading producer of decorative textiles in the United States for residential and contract markets, has partnered with global recycled cotton fiber producer, Recover, to transform the home textile industry.

Key Points: 
  • Valdese Weavers, the leading producer of decorative textiles in the United States for residential and contract markets, has partnered with global recycled cotton fiber producer, Recover, to transform the home textile industry.
  • The two innovative textile leaders, both at different stages of the supply chain, intend to capitalize on their combined expertise to drive the use of sustainable materials in the industry.
  • The company understands the importance of choosing responsible raw materials, and already offers a collection of environmentally conscious products.
  • Blake Millinor, President of Valdese Weavers, commented: “We are proud to partner with Recover as a natural fiber platform for our customers searching for sustainable fabrics.

Recover™ Appoints Anders Sjoblom as Chief Executive Officer

Retrieved on: 
Thursday, September 28, 2023

Recover™, the leading materials science company and scale producer of sustainable, high quality recycled cotton fiber and cotton fiber blends, today announced an expansion of its leadership team with the appointment of Anders Sjoblom as the company’s global chief executive officer, effective January 1, 2024, to drive its next stage of growth.

Key Points: 
  • Recover™, the leading materials science company and scale producer of sustainable, high quality recycled cotton fiber and cotton fiber blends, today announced an expansion of its leadership team with the appointment of Anders Sjoblom as the company’s global chief executive officer, effective January 1, 2024, to drive its next stage of growth.
  • Sjoblom is a seasoned executive that will join Recover from the H&M Group where he is global managing director for H&M lifestyle brands.
  • The appointment of Sjoblom follows Recover’s recent appointment of Matthew Neville as the company’s first global chief commercial officer to build a customer-centric sales team and provide exceptional customer focus.
  • “These leadership changes enable Recover to focus on ensuring operational and financial excellence while continuing to innovate and lead disruptive change for the apparel and textile industries,” said Olof Persson, Recover chairman and former chief executive officer of the Volvo Group.