Average absolute deviation

Socotra Forges New Partnerships, Wins Industry Awards, Enjoys Strong Momentum in 2023

Retrieved on: 
Monday, October 30, 2023

Socotra has added many new insurance businesses around the world to its list of satisfied customers in 2023, including Loggerhead Insurance, Annex Risk, Jetty, Ledgebrook, and Steadily.

Key Points: 
  • Socotra has added many new insurance businesses around the world to its list of satisfied customers in 2023, including Loggerhead Insurance, Annex Risk, Jetty, Ledgebrook, and Steadily.
  • “Technology is core to our business, not an enabler - we needed the most modern, continuously improving policy administration system we could find.
  • “This partnership embodies our commitment and dedication to delivering innovative solutions in the insurance industry,” said Oded Barak, CEO of Five Sigma.
  • Socotra is proud to be a title sponsor of this year’s InsureTech Connect conference, opening today in Las Vegas, NV.

Ethical AI in Insurance Consortium Expands with 10 New Founding Members and Launches Insurance AI Research Project

Retrieved on: 
Tuesday, October 31, 2023

LAS VEGAS, Oct. 31, 2023 /PRNewswire-PRWeb/ -- The Ethical AI in Insurance Consortium (EAIC), which aims to foster responsible and transparent adoption of artificial intelligence (AI) for decision management in the insurance sector, is proud to announce the addition of 10 founding members, significantly broadening its expertise and potential impact. Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision. This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.

Key Points: 
  • Simultaneously, the Consortium is launching a groundbreaking survey of insurance and reinsurance executives determining attitudes, readiness, and use of AI including Generative AI, large language models, and machine vision.
  • This research aims to provide valuable insights and guide the formulation of ethical AI practices in the insurance domain.
  • It's crucial that as industry leaders, we prioritize responsible AI adoption to enhance our services while upholding ethical standards.
  • Founding members Socotra, Exavalu, and Cloverleaf Analytics expressed their enthusiasm for the Insurance AI research initiative and the expansion of the EAIC.

Socotra and Partners to Host Premier Insurance Networking Event

Retrieved on: 
Thursday, October 26, 2023

Leading insurance core technology provider Socotra announced today that eight members of the organization’s Partner Network have collaborated to present a unique, dynamic networking event as part of this year’s InsureTech Connect conference in Las Vegas, Nevada.

Key Points: 
  • Leading insurance core technology provider Socotra announced today that eight members of the organization’s Partner Network have collaborated to present a unique, dynamic networking event as part of this year’s InsureTech Connect conference in Las Vegas, Nevada.
  • “GhostDraft and Socotra share a focus in helping insurers drive speed to market, increased efficiency, and better customer and employee experiences,” said Rebecca Angell, VP of Strategic Alliances at GhostDraft.
  • “For four years, it’s been an honor and pleasure to help insurance clients enter the market and modernize together with Socotra,” said Yaroslav Buga, Vice-President of DataArt.
  • “We are excited to collaborate on this venture with like-minded cutting-edge partners like Socotra.

Novel Application of Machine Learning Approaches Predicts Gait Dysfunction in Parkinson's Disease

Retrieved on: 
Sunday, August 27, 2023

COPENHAGEN, Denmark, Aug. 27, 2023 /PRNewswire-PRWeb/ -- A machine learning approach from diffusion tensor imaging (DTI) multi-spectral diffusion weighted imaging (DWI) showed prediction of gait dysfunction in PD according to a study released today at the International Congress of Parkinson's Disease and Movement Disorders® in Copenhagen, Denmark.

Key Points: 
  • COPENHAGEN, Denmark, Aug. 27, 2023 /PRNewswire-PRWeb/ -- A machine learning approach from diffusion tensor imaging (DTI) multi-spectral diffusion weighted imaging (DWI) showed prediction of gait dysfunction in PD according to a study released today at the International Congress of Parkinson's Disease and Movement Disorders® in Copenhagen, Denmark.
  • Several neuroimaging studies in Parkinson's disease (PD) suggest an altered interplay between cortical and subcortical brain areas at a structural and functional level each that contributes to gait dysfunction in PD.
  • This study used 7 different quantitative DTI measures from 43 PD patients along with UPDRS III, to develop a prediction model for gait dysfunction using different machine learning approaches and 60 template regions of interest (ROIs).
  • "This study suggests that a machine learning approach of DTI analysis may have potential in predicting gait dysfunction in PD patients if confirmed by larger confirmative studies.

The Inner Circle Acknowledges, David Grant Stewart, Jr as a Distinguished Medical Professional for his contributions to the field of Pediatric Orthopedic Surgery

Retrieved on: 
Monday, August 14, 2023

HENDERSON, Nev., Aug. 14, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, David Grant Stewart, Jr. is acknowledged as a Distinguished Medical Professional for his contributions to the field of Pediatric Orthopedic Surgery.

Key Points: 
  • HENDERSON, Nev., Aug. 14, 2023 /PRNewswire/ -- Prominently featured in The Inner Circle, David Grant Stewart, Jr. is acknowledged as a Distinguished Medical Professional for his contributions to the field of Pediatric Orthopedic Surgery.
  • He continued to complete his residency in orthopedic surgery at the University of Texas Medical Branch in Galveston in 2004.
  • He completed a fellowship in pediatric orthopedic surgery at Children's Hospital Los Angeles in 2005.
  • He is a member of the American Academy of Orthopedic Surgeons and the Pediatric Orthopedic Society of North America.

Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets

Retrieved on: 
Thursday, May 4, 2023

LONDON, May 4, 2023 /PRNewswire/ -- OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures.

Key Points: 
  • LONDON, May 4, 2023 /PRNewswire/ -- OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures.
  • OpenTrade's platform will provide users seamless access to a suite of on-chain structured financial products that are backed by investment grade, liquid financial assets.
  • OpenTrade's initial products will include liquidity pools for U.S. Treasury Bills, investment grade commercial paper, and investment grade supply chain finance.
  • "Thrilled to back the OpenTrade team as they build the necessary infrastructure to bring real-world financial assets onto the blockchain.

Sino Global Capital, Circle Ventures, and Polygon Ventures Back OpenTrade, Platform for USDC-Denominated Investments in Tokenized Financial Assets

Retrieved on: 
Thursday, May 4, 2023

LONDON, May 4, 2023 /PRNewswire/ -- OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures.

Key Points: 
  • LONDON, May 4, 2023 /PRNewswire/ -- OpenTrade has raised an oversubscribed funding round led by Sino Global Capital, with participation from other leading Web3 organizations including Circle Ventures, Kronos Research, Kyber Ventures, Polygon Ventures, and Outlier Ventures.
  • OpenTrade's platform will provide users seamless access to a suite of on-chain structured financial products that are backed by investment grade, liquid financial assets.
  • OpenTrade's initial products will include liquidity pools for U.S. Treasury Bills, investment grade commercial paper, and investment grade supply chain finance.
  • "Thrilled to back the OpenTrade team as they build the necessary infrastructure to bring real-world financial assets onto the blockchain.

Five Sigma Welcomes Harvard Business School Professor Boris Groysberg as New Partner

Retrieved on: 
Tuesday, April 18, 2023

SYDNEY, April 17, 2023 /PRNewswire/ -- Mr. Groysberg brings to the firm extensive experience and a strong track record in both education and technology and will play a key role in helping the firm identify and invest in the most promising opportunities in the sector.

Key Points: 
  • Five Sigma, a leading growth fund focused on global EdTech, is pleased to announce the appointment of Professor Boris Groysberg as a new partner.
  • Professor Groysberg is a professor of business administration at Harvard Business School, where he teaches courses on corporate leadership, talent management, and entrepreneurship.
  • "We are thrilled to welcome Boris to the Five Sigma team," said Peter Mobbs, Managing Partner at Five Sigma.
  • We are confident that Boris will play a key role in helping our portfolio companies navigate their competitive landscape.

Mitsubishi Tanabe Pharma America Announces More Than 10,000 People with ALS Treated with RADICAVA ORS® (edaravone) and/or RADICAVA® (edaravone)

Retrieved on: 
Thursday, March 16, 2023

"This product milestone falls on MTPA's seventh anniversary as a U.S. company committed to helping those with ALS," said Atsushi Fujimoto, President, MTPA.

Key Points: 
  • "This product milestone falls on MTPA's seventh anniversary as a U.S. company committed to helping those with ALS," said Atsushi Fujimoto, President, MTPA.
  • "Addressing the unmet needs of people living with serious, debilitating diseases like ALS, is of the utmost importance to us, and we remain focused on delivering meaningful treatments to this community."
  • The initial treatment cycle starts with daily dosing of RADICAVA ORS for 14 days followed by a 14-day drug-free period.
  • RADICAVA and RADICAVA ORS are contraindicated in people with a history of hypersensitivity to edaravone or any of the inactive ingredients.4 See Important Safety Information below.

RADICAVA ORS® (edaravone) Added to U.S. Department of Veterans Affairs National Formulary

Retrieved on: 
Friday, March 10, 2023

JERSEY CITY, N.J., March 10, 2023 /PRNewswire/ -- Mitsubishi Tanabe Pharma America, Inc. (MTPA) is proud to announce that as of June 2022, RADICAVA ORS® (edaravone) has been added to the U.S. Department of Veterans Affairs National Formulary (VANF), with a national prior authorization process in place, making the treatment accessible to U.S. veterans living with amyotrophic lateral sclerosis (ALS) who are within the VA's integrated healthcare system.

Key Points: 
  • "Given the devastating nature of ALS and the demand for additional treatment options, we are thrilled to see RADICAVA ORS added to the VA's National Formulary," said Atsushi Fujimoto, President, MTPA.
  • "MTPA is committed to helping U.S. veterans living with ALS have access to our treatments, and we applaud the VA for making RADICAVA ORS available as an option for them."
  • The Criteria for Use of RADICAVA ORS can be found at the VA website here: https://www.pbm.va.gov/apps/VANationalFormulary/ .
  • RADICAVA and RADICAVA ORS are contraindicated in people with a history of hypersensitivity to edaravone or any of the inactive ingredients.1 See Important Safety Information below.