Ex-Aviva boss Mark Wilson to lead insurtech venture after merger with Complete Cover Group Print this page
Former Aviva boss Mark Wilson has teamed up with private equity firm Sun Capital Partners to launch a new insurtech venture, Abacai Holdings.
According to a statement, Abacai is to merge with Complete Cover Group (CCG), which has been owned by Sun Capital since early 2020.
The business explained that Abacai will invest an initial £50m in the creation of an entirely new AI-based insurtech platform.
It also revealed plans to expand its footprint and enter additional markets by making
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By Kwanwoo Jun Hyundai Motor Co. is replacing the battery cells of 26,699 electric vehicles under a new recall over fire risks that could cost the car maker around $900 million. Kona,. | March 1, 2021
Infinitum Electric to Develop Ultra High-Efficiency Motor for Leading Consumer Appliance Manufacturer
First IEh series motors for smart home appliances extend battery life, are 50% lighter, 30% quieter and 10% more efficient than traditional electric motors Infinitum Electric, creator of the breakthrough motor that uses a silicon stator, today announced an agreement with a leading consumer appliance manufacturer. Under the agreement, Infinitum Electric will develop its first IEh Series motor for consumer appliance applications, to support the creation of a smarter, more energy-efficient, cordless vacuum.
Twenty-five trillion kilowatt hours of electricity are consumed per year, of which 53 percent is consumed by electric motors. This leaves a significant opportunity for the household appliance market to develop or replace machines using traditional electric motors with ultra high-efficiency electric motors, which consume far less energy. Infinitum Electric is enabling this tra
24 febbraio 2021 07:27
Fonte: Adnkronos
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GUANGZHOU, China, Feb. 24, 2021 /PRNewswire/ On 28th January, GAC MOTOR held a grand 2021 International Distributor Conference. United by the conference s theme of Together, Go Better , distributors from 26 countries gathered in the clouds , traversing differences of time and location, to have lively interaction with GAC MOTOR online.
With the strong support of global partners in 2020, GAC MOTOR managed to overcome a worldwide pandemic and economic recessions. The company managed to post year-on-year growth in exports of 18%, placing it as one of the top three fastest-growing automobile-exporter in China.
To affirm and recognize outstanding performances by distributors, GAC MOTOR presented Al Jomaih Automotive Company the Outstanding Distributor Diamond Award. In 2020, the productive partnership of Al Jomaih and GAC MOTOR saw amazing results in the Saudi Arabian market.