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London: More than 6,500 new jobs will be created around the UK thanks to £1bn of new UK-India trade and investment announced by the Prime Minister today (Tuesday 4 May 2021).
The package contains over £533m of new Indian investment into the UK, which is expected to create more than 6,000 jobs in vital and growing sectors such as health and technology. £200m of these deals will support low carbon growth.
This includes a £240 million investment by the Serum Institute of India in the UK into their vaccine business and a new sales office which will create a large number of jobs. The sales office is expected to generate new business worth over $1 billion, £200 million of which will be invested into the UK. Serum’s investment will support clinical trials, research & development and possibly manufacturing of vaccines. This will help the UK and the world to defeat the coronavirus pandemic and other deadly diseases. Serum have already started phase one trials in the UK of a on
The UK and India will also look to discuss cooperation on climate, defense, health, and technology besides ramping up bilateral exports and investments.
Disney+Hotstar selects Clear production cloud
MUMBAI, 2 hours, 38 minutes ago Prime Focus Technologies (PFT) has announced that Disney-owned video streaming service Disney+ Hotstar has signed a multi-year deal for Clear Production Cloud to enable secure and collaborative production workflows for their Originals content. “Covid-19 has reinforced the importance of cloud-based workflows for Media & Entertainment industry in production. And virtualised collaboration is a heightened requirement now more than ever for our Originals. We evaluated multiple products in the market place and found Clear to be more promising to cater to our production supply chain needs. We will now be using Clear to handle our supply chain for all of our Originals” said Akash Saxena - Head of Technology, Disney+ Hotstar.
ShoreOne Rolls Out Combined Homeowners, Flood Policy in South Carolina February 10, 2021
Massachusetts-based managing general agent ShoreOne created a new coverage for coastal homeowners to address inadequate flood coverage.
ShoreOne’s new offering combines traditional homeowners insurance with full flood coverage in a single policy. Access to the combined policy fills the coverage gap affecting 4.8 million National Flood Insurance Program (NFIP) policyholders.
The new homeowners coverage that evaluates flood risk through proprietary modeling will be rolled out first in South Carolina. It is available through a ShoreOne designed technology platform, developed in partnership with Focus Technologies, that enables agents to issue a complete policy in under one minute. The segmented pricing plan incorporates geospatial features with individual risk characteristics and is backed by reinsurance partners.
Focus Technologies Celebrates Successful Technology Platform Launch with ShoreOne
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New system allows end-to-end policy management for greater efficiency and profitability.
Focus Tech took the execution risk out of a very complex and high stakes system delivery for ShoreOne. SUNRISE, Fla. (PRWEB) February 08, 2021 Focus Technologies, a leader in delivering digital policy management solutions to the property and casualty insurance industry, announced today the successful launch of an innovative technology platform for ShoreOne Insurance Managers, Inc (“ShoreOne”).
The new, end-to-end policy management platform, designed to maximize user efficiency, was configured and deployed by both teams in an unprecedented amount of time overcoming logistical obstacles related to the COVID-19 pandemic. The teams, who never met in the same location, worked closely together remotely as the build out was desig