Cargill CFO Sergio Rial is to leave the US agribusiness giant at the end of the month, the company announced today (2 November). Rial is returning to his native Brazil for "personal reasons", Cargill said. David MacLennan, the group's ...
Tags: Cargill, interim basis, food businesses
South African retailer Woolworths Holdings has forecast its annual earnings could increase by up to 30% on the back of higher sales and gains from foreign exchange. Woolworths said its headline earnings per share - a key financial metric ...
Tags: Woolworths Holdings, annual earnings, foreign exchange, sales
Four leading executives from US big data and analytics companies tell a similar story of imminent increased big data analytics adoption in the UK and Europe.Senior executives from MapR,Cloudera,ParAccel,and Pentaho traced out the likely ...
Tags: Big data analytics, parallel programming framework, social media data
New York-based AmTrust Financial Services has signed an agreement to acquire Car Care Plan Limited (CCPH), a wholly owned subsidiary of Ally Insurance, for approximately $70m. The agreement was signed by an undisclosed wholly owned ...
Tags: AmTrust Financial Services, Car Care Plan Limited, Ally Insurance
Quindell Portfolio has expanded its partnership with the law firm Silverbeck Rymer to offer a joint outsourcing personal injury product to the UK claims market. Quindell has also signed a binding agreement to acquire Silverbeck Rymer for ...
Tags: Quindell Portfolio, Silverbeck Rymer, personal injury product, insurance
Dutch insurer ING's US unit has inked a $330m deal with Cognizant, pursuant to which Cognizant will expand the business process management contract between the two companies. According to the terms of the deal, Cognizant will hire over ...
Tags: Dutch insurer ING, Cognizant, insurance
Malta based underwriter GlobalCapital has deployed BSB's Solife software to administer its full range of life insurance portfolio, in a bid to offer better services to the customers, while improving business efficiency. With the launch of ...
Tags: GlobalCapital, BSB, insurance business
Oracle has introduced a new application to help insurers understand, comply with Solvency II reporting requirements and manage risk using a single unified platform. The new application, known as Oracle Insurance Solvency II Analytics, is ...
Tags: Oracle, insurers, Solvency II, unified platform
Starr Companies, a global insurance and financial services company, has appointed Jeffrey Johnson as its new Global Chief Claims Officer. Johnson, who holds more than 30 years of claims leadership experience, will directly report to Starr ...
AmTrust Financial Services has embarked a deal to expand its strategic partnership with CNH Capital, which includes long-term licensing and service agreements and the acquisition of CNH Capital's affiliate insurance agencies such as CNH ...
Tags: AmTrust Financial Services, insurance, CNH Capital, insurance products
ABD Insurance and Financial Services has rolled out its Northern California operation, with an aim to provide better services to the customer, thus gaining optimum presence in the area. ABD Insurance & Financial Services president and ...
Tags: ABD, Northern California, financial services
The UK Financial Services Authority (FSA) has fined Japan's Mitsui Sumitomo Insurance's European unit (MSIEu) and banned its former executive chairman, Yohichi Kumagai for serious corporate governance failings. The UK watchdog has fined ...
Tags: Financial Services Authority, Mitsui Sumitomo Insurance, watchdog
Financial Telesis has embarked a new partnership with ABD Retirement Services, a division of ABD Insurance & Financial Services, pursuant to which ABD Retirement Services representatives will collaborate with Financial Telesis. The ...
Global professional services company Towers Watson has named Christof Bentele and Chris Holt to lead its new Crisis Management team, marking its foray into crisis management market. The new team has been designed to develop expertise in ...
Tags: Towers Watson, Christof Bentele, Chris Holt, Crisis Management team
MagnaCare has introduced MagnaCare Advisors (MCA) and an expanded portfolio of customized insurance options, especially for network physicians, members and clients of the MagnaCare Network. According to the firm, its advisors will offer ...
Tags: MagnaCare, MCA, customized insurance options