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Moorgate Benchmarks Secures Strategic Investment From ETFS Capital

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Moorgate Benchmarks, the index company driving change, today announced the closing of its Series A funding round, securing a significant investment from ETFS Capital. The investment will enable Moorgate Benchmarks to accelerate growth by building out its full-service offering to capitalise on a range of near-term opportunities.

Moorgate Benchmarks mission is to enable index providers and product issuers to create new products that deliver true choice to all investors. Experts in designing, managing and calculating indices for clients; streamlining operations using leading-edge technology; and implementing best practice governance systems to meet EU Benchmarks Regulation, the firm is challenging an industry ripe for disruption.

Co-Founders of Moorgate Benchmarks Tobias Sproehnle, CEO and Gareth Parker, Chief Indexing Officer, said: The indexing industry is in urgent need of transformation since the dominant index providers currently offer investors limited choice and are inflexible. Moorgate Benchmarks is solving this problem by offering index providers and product issuers the services they need to innovate and deliver true choice to all investors. We are delighted to have secured a significant investment from ETFS Capital which will accelerate the build-out of our full-services, flexible offering.

Graham Tuckwell, Chairman, ETFS Capital, said: We believe in Moorgate Benchmarks vision and our investment will help accelerate its delivery. Ultimately, we see this as a partnership for the longer term, as achieving this vision is a marathon, not a sprint.

-Ends-

About Moorgate Benchmarks

Moorgate Benchmarks mission is to enable index providers and product issuers to create new products that deliver true choice to all investors. Experts in designing, optimising, managing and calculating indices for clients; streamlining operations through leading-edge technology; and implementing best practice governance systems to meet benchmark regulation, the firm is driving change to challenge an industry ripe for disruption. www.moorgatebenchmarks.com

About ETFS Capital

ETFS Capital is an investment company focused on the ETF ecosphere created by ETF industry pioneers and chaired by Graham Tuckwell, founder of the ETF Securities businesses, which were sold in 2018 to WisdomTree, Legal & General Investment Management and Aberdeen Standard.

Teresa Chick

PR for Moorgate Benchmarks

[email protected]

+44 (0)7747 468486

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What Are The Potential Consequences Of Being Caught Driving Without A License

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LOS ANGELES, Nov. 27, 2020 /PRNewswire-PRWeb/ — Compare-autoinsurance.org has launched a new blog post that presents some of the reasons why drivers should avoid driving without a license.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/the-most-important-reasons-why-drivers-shouldnt-drive-without-a-license/.

Many people are tempted to get behind the wheel, even if they don't have a license yet or they have it revoked, or expired. However, people driving a vehicle without a license risk losing more things than they can imagine.

The consequences of driving without a license are the following:

  • High fines. The fines for driving without a license are ranging from $150 to $10,000 for first offenses. Offenders will spend more money on their insurance premiums, possible court costs, vehicle impoundment fees, and more.
  • Lawyers fee. Drivers who face jail time because they have been caught driving without a license and have been charged with a criminal offense should consider how much a law firm will cost to represent them in court. It's not cheap to pay a criminal defense lawyer by the hour just to lessen the penalties and charges.
  • Drivers can add a misdemeanor or a felony to their record. In New York, drivers caught without a license can go to jail for 30 days. In Arizona, driving without a license is a Class I misdemeanor, and drivers caught without a license can get imprisonment for up to six months.
  • Higher premiums. Not all insurance companies cover high-risk drivers, like drivers caught without a license. Also, the ones that do cover high-risk drivers are extremely expensive.
  • Vehicle impoundment. In some states, driving while revoked, suspended, or otherwise unlicensed means immediate vehicle impoundment. Besides paying a $100$500 fine, drivers will also have to pay several hundred dollars to the impound lot. However, in Alaska, drivers caught without a license can lose their cars for good.
  • Vehicle registration can be revoked. After getting the car back from the impound lot, drivers will also have to make a trip to the local DMV and spend more money to re-register their vehicles.
  • Prolonged license suspension. In Colorado, drivers who are caught twice driving without a license are no longer allowed to get one for at least three years. In North Carolina, drivers charged with a third offense can face a permanent license suspension.

For additional info, money-saving tips and free car insurance quotes, visit https://compare-autoinsurance.org/.

Compare-autoinsurance.org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc.

Media Contact

Daniel C, Internet Marketing Company, 8183593898, [email protected]

 

SOURCE Compare-autoinsurance.org

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Germany to Invest €10 Billion in Start-Up Support

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The German parliament has approved a billion-euro “future fund” to help fledgling companies expand their business.

BERLIN, Nov. 27, 2020 /PRNewswire/ — Early on Friday, after a marathon 17-hour budgetary meeting, the German Bundestag approved a massive investment of state capital to promote start-ups in the country. The 2021 budget will see the government provide €2.4 billion via Germany's developmental bank, the KfW, and other channels to help new and growing companies scale up their activities.

The government has committed to investing a total of €10 billion between next year and 2030. It is hoped that this financial infusion will create an additional €20 billion in private venture capital investments.

“The Bundestag has created the necessary budgetary conditions for significantly improving the financing of start-ups in Germany,” the president of the Federal Association of German Start-Ups, Christian Miele, told German business newspaper Handelsblatt.

Robert Hermann, the CEO of the German national economic promotion agency Germany Trade & Invest (GTAI) welcomed the parliament's decision.

“This is fantastic news,” says Hermann. “Business advocates have long called for better access to domestic venture capital for young German companies – a need the governing German cabinet and parliament have now addressed. The allocation of such a large sum shows that amidst all of the economic disruption going on right now, there are significant positive changes as well. For innovative young companies, this could be a very good time to consider expanding to Germany.”

Germany Trade & Invest (GTAI) is the economic development agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up in Germany.

Contact:
Jefferson Chase
Senior Manager, Communications
Germany Trade & Invest
Friedrichstraße 60
10117 Berlin
+49 30200099170
[email protected]

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Class Action Settlement Will Provide Compensation to Qualifying Medicaid Billing Providers in Alaska

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ANCHORAGE, Alaska, Nov. 27, 2020 /PRNewswire/ — The parties in litigation involving Medicaid providers in Alaska today announce a class action settlement that resolves a case pending in federal court in Anchorage, Alaska. The court granted preliminary approval of the settlement in South Peninsula Hospital, et al. v. Xerox State Healthcare, LLC (n/k/a Conduent State Healthcare, LLC), No. 3:15-cv-00177-JMK (D. Alaska), and authorized a settlement administrator, Angeion Group, LLC, to begin issuing notice to settlement class members and accepting claims.

This lawsuit is brought by plaintiff South Peninsula Hospital and alleges that the State of Alaska's Medicaid Management Information System, known as Health Enterprise, was not properly implemented for rollout on October 1, 2013. The lawsuit alleges that this caused Alaska Medicaid providers to incur economic losses as a result of not having their Medicaid reimbursements processed on a timely basis. This allegation relates to the 2013-2016 time period, when Conduent was owned by a predecessor company. Conduent denies the allegations but agreed to the settlement to avoid further litigation costs.

The settlement applies to all Alaska Medicaid authorized billing providers that submitted a Medicaid claim via or to be processed by Health Enterprise during the period from October 1, 2013 through and including December 31, 2016, including claims for Medicaid reimbursable services arising on or before December 31, 2016, even if such claims for payment were submitted for payment via or to be processed by Health Enterprise after December 31, 2016. This group of Alaska Medicaid providers constitutes the Settlement Class who are eligible to submit claims for payments under the settlement.

Medicaid providers can visit the settlement website, www.healthprovidersettlement.com, or call the settlement toll-free number: (855) 201-9818, to obtain further details about the settlement. The settlement website includes a description of the Medicaid providers covered by the settlement, all relevant dates and deadlines, access to relevant court documents, and answers to frequently asked questions. Claim forms are available at and can be submitted to www.healthprovidersettlement.com, or by email to [email protected], or by mail to Health Provider Settlement, Attn: Settlement Administrator, 1650 Arch Street, Suite 2210, Philadelphia, PA 19103. Claims must be submitted or postmarked by February 10, 2021 to be considered timely filed.

For any questions, please visit www.healthprovidersettlement.com or contact:

Health Provider Settlement, Attn: Settlement
Administrator, 1650 Arch Street, Suite 2210,
Philadelphia, PA 19103
[email protected]
(855) 201-9818

Cision View original content:http://www.prnewswire.com/news-releases/class-action-settlement-will-provide-compensation-to-qualifying-medicaid-billing-providers-in-alaska-301180555.html

SOURCE Angeion Group

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