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Hollard Partners With Earnix to Lead Their “Digital Transformation Through Pricing Excellence” Project

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Earnix, a global provider of advanced rating, pricing, and product personalization solutions for insurers and banks, has been chosen by South African insurer, Hollard, to replace multiple legacy rating systems with Earnixs single enterprise solution for faster rating and deployment, driven by advanced analytics and robust automation features.

Earnix was selected after a thorough review of vendors. We were looking for a digital solution to give our organization a strong backbone for rating and pricing processes. The Earnix Rating Engine platform provides a best-in-class solution, with its strict governance tools, real-time capabilities, ease of integration and scalability, said Viren Naidu, CIO at Hollard.

The Earnix Rating Engine stood out with its ability to robustly integrate rating and pricing processes across Hollard. With the Earnix platform we expect to benefit from improved pricing controls, with real-time model deployment agility, in-platform modeling capabilities and advanced scenario planning features, said Michael Cheng, Chief Risk and Underwriting Officer at Hollard.

We are thrilled to be chosen by such a forward-thinking company as Hollard. Our smarter business velocity offering, and Hollards specific setup, provides us with a great opportunity to showcase the scalability, systemization, and analytical power of our system. We are looking forward to a swift implementation process with our signature cloud-based incremental integration system, added Earnix CEO, Udi Ziv.

With the Earnix Rating Engine, Hollards rating and pricing operations transition to a single, cloud-based unified platform for its commercial and personal lines products. This shift will dramatically enhance Hollards efficiency in these processes, allowing multiple users across teams and geographies to work at the same time while ensuring full control and governance throughout.

The Earnix cloud-based platform is remotely deployed in an incremental manner and seamlessly integrates with any IT system, thereby delivering value in months, rather than years. Through the Engines close alignment, Hollard will achieve the ability to update and deploy its rate sets and prices faster, responding in an agile manner to ever-changing market conditions and customer needs.

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About Earnix

Earnix offers Insurers and Banks advanced analytical rating, pricing, and product personalization solutions, with systemized, enterprise-wide value and ultra-fast ROI. We have offices in the Americas, Europe, Asia Pacific, and Israel, with numerous customers spanning the five continents.

About Hollard

Established in 1980, the Hollard Insurance Group (Hollard) provides short-term and life insurance as well as investment products to individual consumers, commercial entities, and corporate clients. Hollards organizational purpose is to enable more people to create and secure a better future, advocating an inclusive growth model, measuring its social dividends as well as its contribution to shareholders. Hollard operates in 11 countries across Africa and APAC.

Katarina Matic, [email protected], 917-853-1105

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Lifshitz Law Firm, P.C. Announces Investigation of CHNG, COHR, LITE, CPAH, MGLN, NAV, OBLN, OXFD and WTRE

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NEW YORK, Jan. 24, 2021 /PRNewswire/ —

Change Healthcare Inc. (NASDAQ: CHNG)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CHNG to Optum for $25.75 per share.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Coherent, Inc. (NASDAQ: COHR) – Lumentum Holdings Inc. (NASDAQ: LITE)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of COHR to LITE for $100.00 per share and 1.1851 LITE shares per share.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

CounterPath Corporation (NASDAQ CM: CPAH)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of CPAH to Alianza, Inc. for $3.49 per share.

If you are a CPAH investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780.

Magellan Health, Inc. (NASDAQ: MGLN)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of MGLN to Centene Corporation for $95.00 per share.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Navistar International Corporation (NYSE: NAV)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of NAV to Traton for $44.50 per share.

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Obalon Therapeutics, Inc. (NASDAQ: OBLN)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the merger of OBLN with ReShape Lifesciences Inc.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Oxford Immunotec Global PLC (NASDAQ: OXFD)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of OXFD to PerkinElmer, Inc. for $22.00 per share.

If you are a investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

Watford Holdings Ltd. (NASDAQ:WTRE)

Lifshitz Law Firm, P.C. announces investigation into possible breach of fiduciary duties in connection with the sale of WTRE to Arch Capital Group for $31.10 per share.

If you are an investor, and would like additional information about our investigation, please complete the Information Request Form or contact Joshua Lifshitz, Esq. by telephone at (516)493-9780 or e-mail at [email protected].

ATTORNEY ADVERTISING.© 2021 Lifshitz Law Firm, P.C.  The law firm responsible for this advertisement is Lifshitz Law Firm, P.C., 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516)493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:

Joshua M. Lifshitz, Esq.
Lifshitz Law Firm, P.C.
Phone:  516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

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SOURCE Lifshitz Law Firm

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“MeCan Trade” – the 1st Social Commerce – Launched To Help Malaysians Trade Across Borders Without Capital Nor Risk

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KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2021 – Into a new year, the Covid 19 pandemic continues to impact lives globally – from the way we connect, live, work to affecting health, careers and livelihoods.

 

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Andy Goh showcases a wide array of products available on MeCan Trade platform

 

In recent media reports, economists warn that Malaysia’s unemployment rate may be much higher and aggravated by the pandemic, citing that statistically, Malaysia has a 5% unemployment rate, but economically, the country has a 30% unemployment rate (as our labour participation is below 70%).

A study by market research agency YouGov polled 665 full-time workers revealed up to 92% of employed Malaysians are experiencing stress over losing their jobs. The survey indicated that 7 in 10 believe it will be hard to find another job in the face of unemployment.

When asked about the possibility of losing their job tomorrow, 71% believe it will be “difficult” to find another one with a similar pay and attendant benefits, 40% think it will be “somewhat difficult”, and 31% think it will be “very difficult”.

For businessmen and retail owners, the situation looks grim.  Traditional bricks & mortar entities and chain store models are crumbling.  From big industry players to SOHO communities, everyone hankers new business notions which require little investment and provide quick & smart solutions to earn passive income or a job to sustain livelihood. 

More are resorting to online platforms to earn income. With a majority of Malaysians having at least one or more social media platforms, according to Statista’s findings in January this year, about 81% Malaysian population are active social media users. This was about a 1/3 increase compared to 2016, in which the social media users amounted to approximately 60% of the total population in Malaysia. Many are looking for opportunities to supplement their income by embarking on e-commerce business avenues, especially for millennials and KOLs who are savvy to smart phones and apps to socialise and in current times, make a living.  


In view of this, enters MeCan Trade — the 1st ‘Social Commerce” platform in Malaysia, a brainchild of Mr Andy Goh (former founder of OldTown and current owner of Nam Heong restaurant chains).  Andy explained that e-commerce has taken the world by storm, especially during the pandemic. “From a business perspective, traditional ways of doing business have become harder – involving competition, product quality, logistic arrangements and sustainability. There is a paradigm shift using technology & big data efficiency to rebuild and transform suffering business owners through this difficult period,” said Goh.

Costing RM30 million to set up the intrinsic digital infrastructure, MeCan Trade literally means “#EveryoneCanTrade”. “The core value for MeCan Trade is to share the wonders of what technology can do to improve, accelerate and re-invent new business ideas. We already have all the resources in place, we just have to collaborate and execute,” he added. 

 

With creativity, competitiveness and technology combined, Goh believes that local entrepreneurship can go beyond conventional borders. MeCan Trade leverages on a robust network of trusted affiliates and ambassadors to reduce operational, logistics and marketing costs. No start-up capital or inventory stocking are required — members only need to establish their own e-stores to select a wide variety of original products on MeCan Trade provided directly by the Manufacturers or Authorized distributors themselves.

MeCan Trade offers opportunities in three main categories – sellers (manufacturers or brand owners), buyers and ambassadors.

Sellers/Brand Owners :  Sellers now have a platform to perform business recovery, consolidate enough data, tools and resources put together to start a business instantly, without being burdened by hefty expenses. The seller’s role is pretty straight-forward; list with MeCan Trade and use the system that allows full transparency, product price control, marketing tools and access to over 1000 fleet of sales force to sell your products.

Buyers – Bulk buying options by tiers, where MeCan Trade will connect these interested buyers to reliable, safe and trustworthy manufacturers.

Ambassadors – A MeCan Trade ambassador can earn passive income and become an entrepreneur by directly engaging with the source of the product.

MeCan Trade enables you to have your very own business by providing you your very own personalized e-store instantly with just a few clicks, for absolutely free. You will be able to offer a wide variety of original products directly from product owners. Simply, share your selected products on social media to your network or friends to earn from the local & international arena.  It has no risk, no capital, 100% genuine and unique products with instant set-up which is completely free for life. All the provision of stocks/products, inventory/payment gateway, back-end logistics, delivery system etc from A to Z will be taken care of by MeCan Trade for the Ambassadors.  

Despite going live for almost a year, MeCan Trade currently supports over 200 brand owners and manufacturers with over 2,000 products available with more than 1,000 ambassadors and counting.

“By the end of next year, we hope to achieve over 5,000 ambassadors and more than 20,000 products on the platform.”

Recently, MeCan Trade launched a 2 year #MeCanBoss Program with a total investment valued up to RM15.75 mill to nurture social commerce entrepreneurs. “We provide a journey to aspiring local entrepreneurs in generating a self-sustainable income or passive income by trading online with credible, in-demand product from Manufacturers or Authorized Distributors. Business owners or individuals that are interested to come and list their reputable products or join this campaign can sign up at MeCan Trade on our official platform.,” enthused Goh.

For more information, please visit www.mecan.trade or drop us an email at [email protected]

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American Express Malaysia on building a culture of transparency and trust through colleague experience

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KUALA LUMPUR, MALAYSIA – Media OutReach – 13 January 2021 – In a new normal that is constantly changing and transforming, people are at the heart of an organization’s continuity and success more than ever before. Events of the past year have shown how critical engaging employee experiences are in driving performance as organizations dug deep to draw strength, inspiration and ideas. 

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Helping organizations to put their people at the center of performance is Kincentric, a Spencer Stuart company with a unique approach to human capital. With decades of expertise in culture and engagement, leadership assessment and development, and HR and talent advisory services, Kincentric helps organizations to be the best in the business through the Kincentric Best Employers program.

 

Kincentric Best Employers is a leading employer benchmarking program which measures and recognizes extraordinary employers who demonstrate workplace excellence. For 20 years, the Kincentric Best Employers program has recognized leading employers across the world who are committed to realizing great workplace experiences with the Kincentric Best Employers certification, backed by over 50 years of employee research and a global database of over 15 million employees. Selected by an independent panel of judges, these organizations are leading the way in aspects that are crucial for success — employee engagement, agility, engaging leadership and talent focus.  

 

This year, five organizations were awarded the Kincentric Best Employers in Malaysia, selected by a 3-person judging panel composed of industry-leading HR professionals.

 

Reflecting on Kincentric Best Employers in Malaysia 2020, judge Dato’ Tharuma Rajah who is also founder and CEO of Garage Analytics commented how “the recent pandemic has proven with empirical evidence that employee engagement is critical during tough times. The ‘X’ factor is senior leadership and people managers who create the motivational energy that compels employees to action even when they are working remotely. We have seen how various companies have done engagement practices in a very innovative and creative manner which had a positive impact on their business results.”  

 

Standing ‘head and shoulders’ above the rest in this year’s program is Kincentric Best of the Best Employer in Malaysia 2020, American Express Malaysia. The global services company was also inducted into Kincentric Best Employers in Malaysia Hall of Fame, after winning the Best Employer in Malaysia for the 10th consecutive year.

 

“We first joined Kincentric Best Employers program in 2005 as we were interested in the program structure and learnings it could offer. Through the years, this program has not only helped us gain valuable insight into how colleagues feel about our people practices, it has also helped us acquire external perspective through knowledge sharing and best practices. Being included in Kincentric Best Employers in Malaysia Hall of Fame is an incredible validation of our relationship with our colleagues,” said Ryan Lai, Vice President and General Manager of American Express Malaysia.

 

American Express won Kincentric Best of the Best Employer in Malaysia 2020 by delivering an exceptional people-centric experience through three key areas — trust, open communication and top team alignment.

 

Lai says, “Our first focus and priority was ensuring our colleagues felt safe and had the flexibility and resources they needed at home to continue delivering world class services to our customers.”

 

When we moved to work from home arrangements, we introduced an initiative called business leave, to allow colleagues to take paid time off without having to use their annual leave when they had valid reasons at home that prevented time from being able to work, such as needing to care for their children or parents’ needs until end of 2020. For colleagues who had their work or job scope impacted by the pandemic, we reallocated them to other business areas to keep them motivated, engaged and invested in delivering their best,” said Anjum Ghaffar, Director Human Resources, Market Head Malaysia.

 

Recognizing the importance of a health and wellness culture from the start of the pandemic, American Express Malaysia embarked on three key initiatives beginning with the launch of a telehealth service called CareClix for colleagues and their immediate family members. Available 24 hours a day, 7 days a week for free, colleagues and their loved ones could consult doctors and access expert medical care via phone, video chat or a mobile app from the comfort of their homes.

 

The company also provided a one-year complimentary subscription for Calm, a mental fitness app that provides motivational podcasts, stories and soothing music designed to help manage stress, experience better sleep and reduce anxiety. The app completed other dedicated wellbeing activities such as mental wellbeing sessions, virtual meditation and virtual yoga. Helping to alleviate medical concerns, colleagues and their enrolled dependents were also provided with enhanced Covid-19 medical coverage covering testing, hospitalization and death benefits at no additional cost to them.   

 

With a young workforce composed of mostly millennials, American Express also found many of them faced difficulties especially during the lockdown and with transition to working from home. Having never experienced a crisis in their professional life, inherent stresses and anxiety from being isolated had a greater impact on younger colleagues.

 

“We recognized that we needed to support each other, so we quickly mobilized ourselves into action. Communication was a key part of our support and wellbeing strategy, and we knew we had to do so not only frequently but meaningfully,” explained Lai.

 

Despite having achieved so much the past 10 years, American Express is not resting on its laurels. The company expects a hybrid working model will be the next big change for employee engagement and is already looking at how to better connect colleagues with corporate culture in a virtual world.

 

Lai concludes, “We are beyond honored to be recognized as the ‘Best of the Best’ by Kincentric Best Employers 2020, particularly in a year of unpredicted changes that tested our ability to adapt and brave new ways of working together. As a company that believes in the powerful backing of our people for progress, we believe that this success is a true testament of the positive work culture and a holistic employee experience that we continuously strive to build upon. We dedicate this win to all Amex colleagues in Malaysia — which motivates us to continue building a great, diverse place to work and thrive in with opportunities to learn and grow both professionally and personally. I truly believe that when we strive to become better than we are, everything around us becomes better too.”

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