Bain & Company

$50 billion opportunity emerges for insurers worldwide from generative AI’s potential to boost revenues and take out costs

AI technology offers insurance businesses large-scale financial potential from productivity gains, optimizing sales channels and digital advice, and delivering enhanced, personalized customer experience BOSTON—April 1, 2024—Insurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut their costs by up to 15%, research from Bain … Continue reading $50 billion opportunity emerges for insurers worldwide from generative AI’s potential to boost revenues and take out costs

PALM TREE

Palm Tree Names Britton Woolf as Managing Director, Transaction Advisory Services

Brings National Consulting & Advisory Experience LOS ANGELES–(BUSINESS WIRE)–Palm Tree LLC (“Palm Tree”), the modern M&A advisor providing integrated investment banking and financial consulting services to middle market businesses, today announced the appointment of Britton Woolf as Managing Director leading its Transaction Advisory Services discipline. In this role, Mr. Woolf will apply his extensive financial due diligence experience to lead teams advising both private equity firms and corporate … Continue reading Palm Tree Names Britton Woolf as Managing Director, Transaction Advisory Services

Xerox

Xerox Announces New Partnership with PBS Group in Peru and Ecuador

NORWALK, Conn.–(BUSINESS WIRE)–Xerox Holdings Corporation (NASDAQ: XRX) today announced plans to continue the transformation of its operating model. Specifically, in Peru and Ecuador, the operations in these countries will transition to Productive Business Solutions Limited (PBS), the company’s long-standing partner throughout Central America, South America and the Caribbean. The transaction is expected to close in the second quarter of 2024, once authorization from the Ecuadorian competition authority is … Continue reading Xerox Announces New Partnership with PBS Group in Peru and Ecuador

Monarch

Anthony Alexander Named as Vice President, Operations and Delivery at Monarch

Experienced leader to oversee company’s Implementation teams March 26, 2024 11:36 AM Eastern Daylight Time FRANKLIN, Tenn.–(BUSINESS WIRE)–Monarch Professional Services Group (Monarch), a Core10 division providing implementation and customer success services for leading financial service SaaS platforms, today announced Anthony Alexander has been named as Vice President, Operations and Delivery. In this role, Alexander will manage Monarch’s day-to-day operations to execute its strategic objectives and … Continue reading Anthony Alexander Named as Vice President, Operations and Delivery at Monarch

COPE Health Solutions

COPE Health Solutions Welcomes International Health Technology Expert Onto Its Board of Directors

Leading technology-enabled solutions firm helps health care providers and payers improve quality and financial performance through value-based care March 26, 2024 08:00 AM Eastern Daylight Time LOS ANGELES–(BUSINESS WIRE)–COPE Health Solutions (CHS) is pleased to welcome Umashankar Rangaswamy, PhD as the newest member of its Board of Directors. With over three decades of IT expertise, Dr. Rangaswamy is known for driving growth through strategic program management, … Continue reading COPE Health Solutions Welcomes International Health Technology Expert Onto Its Board of Directors

Kroll

Kroll Appoints Dave Burg as Global Head of Cyber Risk to Bolster World-Leading Business

Accomplished cybersecurity executive fuels new evolution of growth, deepens Kroll’s end-to-end risk management expertise March 12, 2024 09:00 AM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Kroll, the leading independent global risk and financial advisory solutions firm, announced today the appointment of industry veteran, Dave Burg, as Global Head of Cyber Risk. “It’s exciting to join the world’s leading incident response firm and have the opportunity to … Continue reading Kroll Appoints Dave Burg as Global Head of Cyber Risk to Bolster World-Leading Business

Turnberry Solutions

Turnberry Solutions appoints Allen Debes as new CEO

MINNEAPOLIS–(BUSINESS WIRE)–Turnberry Solutions announced today the appointment of Allen Debes as Chief Executive Officer and President. Allen will replace Jim Kelly, who will become Chairman of the Board and remain a strategic advisor for the company. “During the last six months, I have seen our outstanding team rise to the occasion again and again. Our Turnberry team is remarkable, as is our ever-growing list of … Continue reading Turnberry Solutions appoints Allen Debes as new CEO

Accenture

Accenture to Acquire Ammagamma to Help Italian Companies Advance Use of AI Technologies

November 28, 2023 05:13 AM Eastern Standard Time MILAN–(BUSINESS WIRE)–Accenture (NYSE: ACN) has agreed to acquire Ammagamma, an Italy-based firm that helps companies advance their uses of AI and generative AI technologies. The transaction is part of Accenture’s investment of $3 billion to accelerate clients’ transformation through the large-scale application of AI. “Becoming part of Accenture is the best possible recognition for the pioneering path … Continue reading Accenture to Acquire Ammagamma to Help Italian Companies Advance Use of AI Technologies