GlobeNewswire

Mid-Hudson Co-Operative Insurance Company Selects Verisk’s Sequel to Deploy Integrated Underwriting and Claims Solutions Following Migration to ISO Electronic Rating Content

Share

JERSEY CITY, N.J., April 15, 2021 (GLOBE NEWSWIRE) -- Mid-Hudson Co-Operative Insurance Company (MHC) has selected Verisk’s Sequel to provide underwriting and claims solutions to underpin migration to ISO Electronic Rating Content™ (ERC) for rating support.

New York-based MHC is a member of the National Association of Mutual Insurance Companies and provides personal, commercial and farm insurance via New York state agency Statewide Underwriting Services.

Verisk’s ISO ERC solution helps insurers stay current and implement the necessary updates ISO makes to its advisory loss costs, rules and forms for a range of insurance classes and reduces the time and effort required to analyze regular ISO updates, eliminating tedious work and quickening ratings workflows.

Eddie Harper President and CEO of Statewide Underwriting Services said of the agreement, “We were impressed by both the Sequel technology and expertise and the fact that Sequel is a Verisk solution was an important component in our decision making. Like many agencies and insurers, moving to ISO ERC for rating support is key to providing an efficient service to our customers. However, it was also important to upgrade our underwriting, policy administration and claims platform overall, hence the dialogue with Verisk. Verisk’s Sequel suite has a range of leading-edge solutions and the expertise to support MGAs, coverholders and insurers on a global basis.”

Rob Stavrou Chief Commercial Officer – U.S. and APAC over Verisk’s Sequel solutions, said of the implementation, “We are delighted to work with Eddie and his team at Statewide Underwriting Services and MHC. In addition to migrating to ISO ERC for rating support many insurers need to upgrade their underwriting, policy administration and claims platforms to compete and meet the expectations of their clients. The two go hand in hand. We aim to provide scalable solutions that capture data and integrate with distribution channels and third-party data critical to supporting efficient underwriting and product development.”

Verisk’s Sequel solution suite offers full end-to-end management of insurance and reinsurance business, offering clients a clearer vision to grow their business with greater efficiency, flexibility and data governance. Verisk offers Sequel across the global insurance markets from offices in Jersey City, New Jersey; London, England; and Malaga, Spain.

AboutVerisk
Verisk (Nasdaq:VRSK) provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong. With more than 100 offices in nearly 35 countries, Verisk consistently earns certification by Great Place to Work. For more: Verisk.comLinkedInTwitterFacebook and YouTube.

About Statewide Underwriting Services
Statewide Underwriting Services (SWUS) is the MGA that facilitates and coordinates all major functions for doing business with Claverack Co-Op, Mid-Hudson Co-Op, and Midrox Insurance Companies. SWUS is the single point of entry to all three underwriting companies, allowing agents to enjoy greater ease of doing business and to take full advantage of the benefits available through all three companies. For more information, please visit www.swus.com, call 845-457-5001, or email info@swus.com

Media Contact:
Brett Garrison
Edelman (for Verisk)
917-639-4903
Brett.Garrison@edelman.com

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.
To view this piece of content from ml.globenewswire.com, please give your consent at the top of this page.

About GlobeNewswire

GlobeNewswire
GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://globenewswire.com

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire

Subscribe to all the latest releases from GlobeNewswire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire

Leasinvest Real Estate intends to become an integrated real estate group through an envisaged business combination with Extensa Group and by giving up its BE-REIT status12.5.2021 19:13:09 CEST | Press release

JAN SUYKENS, CEO ACKERMANS & VAN HAAREN CHAIRMAN LEASINVEST RE: “AvH, which owns today both 30.01% of LRE and 100% of Extensa, is pleased to be able to support the evolution of the Company’s strategy as proposed by its management. Through the contribution of our stake in Extensa, we strengthen our commitment to LRE and we support the intended strategic evolution towards a mixed real estate investment and development group.” MICHEL VAN GEYTE, CEO LEASINVEST RE: “’Leasinvest 2.0’ will become a real estate player with a unique market position that combines the best of both worlds: recurring rental income from real estate investments and added value potential from development activities. In addition, ‘Leasinvest 2.0’ will operate from a thorough sustainability vision in which it will make a lasting contribution to the development and optimization of its real estate portfolio in Belgium, the Grand Duchy of Luxemburg and Austria.” A unique combination Leasinvest Real Estate (the “Company”) a

Volta Finance Limited - Net Asset Value as at 30 April 202112.5.2021 18:17:42 CEST | Press release

Volta Finance Limited (VTA / VTAS) –April2021 monthly report NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES ***** Guernsey, 12May2021 AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for April. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com). PERFORMANCE and PORTFOLIO ACTIVITY Volta has continued to perform well with +2.1% in April, reaching a total return of 8.4% for the first four months of 2021. In April, Volta paid €0.14 per share dividend to shareholders (circa 8% annualized yield), a €0.02 increase relative to the January dividend payment, evidencing the improving situation of Volta. This time around, the performance was driven almost evenly by the solid performance from CLO equity and CLO debt tranches. This month, contrary to March, the USD depreciation cost almost 1% of the monthly performance. The monthly

Idorsia holds its Annual General Meeting of Shareholders12.5.2021 18:09:53 CEST | Press release

Allschwil, Switzerland – May12, 2021 All Board proposals approved by the Shareholders At today’s Annual General Meeting (AGM) of Idorsia Ltd (SIX: IDIA) held in Allschwil, Switzerland, shareholders voted in favor of all proposals by the Board of Directors with a large majority. The meeting was held in accordance with the requirements of the COVID‑19 Ordinance 3, issued by the Swiss Federal Council. As a result, attendance in person was not possible and voting took place by independent proxy. In total, 4,541 shareholders voted through the independent proxy, representing a total of 112,170,657 shares, or 67.13% of the total outstanding shares. Mathieu Simon, MD, Chairman of the Board of Directors of Idorsia, commented: “Despite the global pandemic, Idorsia looks back on an incredibly successful year and the future promises to not lose any momentum. The coming year will be crucial as we continue to build the foundation of Idorsia's future. I am very proud to have been re-elected as your C

All resolutions adopted at AGM Beter Bed Holding N.V.12.5.2021 18:00:00 CEST | Press release

Beter Bed Holding N.V. (BBH) – a sleep specialist operating in the European retail, wholesale and B2B sectors – held its 2021 Annual General Meeting (AGM) in virtual form today. BBH is pleased to announce that all resolutions including the 2020 financial statements were adopted as proposed. When the resolutions were voted on, 11,577,389shares were represented, corresponding to 44.12 % of the 26,240,397 shares issued. The details of the voting results can be found atwww.beterbedholding.com. During the AGM, John Kruijssen, CEO, and Gabrielle Reijnen, CFO, also presented the strategic direction going forward, inspired by major global trends which will shape the future of the bedding industry. A separate press release on the strategy update was published this morning. The AGM presentation as well as the analyst presentation regarding the strategy update can be found on the BBH website at www.beterbedholding.com. About Beter Bed Holding Beter Bed Holding N.V. is a sleep specialist operating

OPENING OF NEW BRANCH OFFICE IN PARIS12.5.2021 17:45:00 CEST | Press release

OPENING OF NEW BRANCH OFFICE IN PARIS Amsterdam, the Netherlands – 12May 2021. Flow Traders N.V. (“Flow Traders”) announces the opening of new branch office in Paris, France. Today, Flow Traders announces the opening of a new branch office in Paris. The opening of this new branch office is consistent with Flow Traders’ growth strategy to deepen its global footprint and it will enable Flow Traders to have a physical presence in another key EMEA market. This office, alongside those in Amsterdam, London and Milan, will together cover the EMEA region for Flow Traders. Flow Traders’ day-to-day operations in Paris will be headed by Pierre-Antoine Jaunatre. The branch office will report directly into Flow Traders B.V.’s Amsterdam office. Ron Heydenrijk, European Head of Sales and External Relations, stated: “Following the successful opening of our London and Milan branches in 2018 and 2020, we are extremely pleased to be opening a third European branch office in Paris. Flow Traders’ continued

Immunicum håller presentationer vid European Hematology Association (EHA) 2021 Virtual Congress12.5.2021 16:02:34 CEST | Pressemelding

Pressrelease 12 maj 2021 Immunicum håller presentationer vid European Hematology Association (EHA) 2021 Virtual Congress Immunicum AB (publ; IMMU.ST) tillkännagav idag att bolaget kommer att hålla två posterpresentationer gällande sitt lagringsbara återfallsvaccin DCP-001 vid EHA 2021 Virtual Congress, som hålls den 9–17 juni 2021. Sammanfattningarna publiceras på konferensens webbplats och är även tillgängliga via www.ehaweb.org. Presentationerna innehåller interimsresultat från fas II ADVANCE II-studien, som visar DCP-001: s förmåga att inducera immunsvar mot ett brett spektrum av tumörassocierade antigener hos patienter med akut myeloisk leukemi (AML), samt prekliniska resultat av förbättrad effekt vid kombinationen DCP-001 och etablerade AML-behandlingar. "De kliniska interimsresultat som publiceras i sammanfattningen idag gläder oss i och med att vi ser att DCP-001 inducerar en rad detekterbara immunsvar hos AML-patienter som deltar i den pågående ADVANCE II-studien", säger Jeroen

Immunicum Announces Presentations at the European Hematology Association (EHA) 2021 Virtual Congress12.5.2021 16:02:34 CEST | Press release

Press Release 12 May 2021 Immunicum Announces Presentations at the European Hematology Association (EHA) 2021 Virtual Congress Immunicum AB (publ; IMMU.ST) today announced that it will be presenting two posters on its off-the-shelf relapse vaccine DCP-001 at the EHA 2021 Virtual Congress, to be held from June 9-17, 2021. The accepted abstracts are now published on the conference website and accessible through www.ehaweb.org. The presentations include interim immunological results from the Phase II ADVANCE II study, demonstrating DCP-001’s ability to induce immune responses to a broad range of tumor-associated antigens in acute myeloid leukemia (AML) patients, as well as preclinical results of enhanced efficacy when combining DCP-001 with established AML treatment regimens. “From the interim clinical data published in the abstract today, we are excited to see that DCP-001 induces a range of detectable immune responses in AML patients participating in our ongoing ADVANCE II study,” said