Facebook Pinterest By Digital AIM Web Support – February 22, 2021 Facebook BOSTON–(BUSINESS WIRE)–Feb 22, 2021– Earnix, a global provider of advanced AI-driven rating, pricing, and product personalization solutions for Insurance and Banking, has announced $75M in growth funding with a pre-money valuation of $1B. The round was led by Insight Partners, with existing investors JVP, Vintage Partners and Israel Growth Partners joining the round. The new funding will fuel Earnix’s global expansion into new market segments and regions, increase investment in product innovation, rapidly accelerate hiring and support M&A activities to further anticipate the needs of a rapidly changing market. Leveraging this investment, Earnix will continue to bring transformational value to Insurance and Banking by bridging the gap between financial institutions and the needs of their customers. Jonathan Rosenbaum, Principal at Insight Partners, will be joining Earnix’s Board of Directors. Earnix combines innovative AI with advanced analytics, enabling clients to present highly personalized offers with the right product at the right price at the right time. In 2020, Earnix was recognized by CB Insights as the “ Market Leader for Predictive Analytics for P&C Insurers ” and has been named one of “ 11 InsurTechs to Watch in 2021 ” by Property & Casualty 360. Hosted in the cloud, Earnix’s offerings enable agile processes, robust automation, and strong governance in alignment with business objectives. “This is just another testament to both the power and differentiation of our existing product offering, with its unique and innovative capabilities, and the untapped potential in further driving the success of our clients globally. This investment will accelerate the reach and impact of our world-class smarter business velocity solutions, coupled with the breadth, size and reach of our customers, assuring our ability to meet a broad range of industry needs, and to deliver the best personalized rates and products to every customer, every time,” said Udi Ziv, CEO at Earnix. With offices in North America, Europe, Asia Pacific and Israel, Earnix has focused on expanding its global footprint, in response to the growing need in the marketplace. Driven by advanced Israeli technology, Earnix will continue to accelerate new product innovation while facilitating rapid development of its flexible and open platform. The growth investment will accelerate this buildout. “Earnix offers a differentiated, true SaaS product in a market riddled with custom development and services,” said Jonathan Rosenbaum, Principal at Insight Partners. “Customers across Insurance and Banking have a strong mandate to adopt new technologies and related processes so as to remain competitive. Earnix is uniquely positioned to capture this demand to the benefit of their customers and the end consumers. Earnix represents one of the most important core systems an insurer or bank will procure in the coming years. With our unparalleled ScaleUp resources, we look forward to partnering with the company to meet its growth plans in the coming years.” “I’m delighted to welcome my friends from Insight, Jeff Horing and Jon Rosenbaum, as we continue building a world class category leader, providing the muscles and the brains for Insurance and Banking, as they move to real-time quotes and personalized products,” said Erel N. Margalit, Chairman of Earnix and Founder andExecutive Chairman of JVP. “We look forward to continuing to work with Udi Ziv and the amazing team of Earnix as the company strives to transform the Insurance and Banking industries. With a growing presence in North America, Europe, Asia Pacific and Israel, Earnix brings its technology excellence as a true international leader.” Earnix’s early commitment to enable highly personalized offers has been supported by the dominant trends in the market. Today, consumers are increasingly demanding highly personalized offers in real-time. Both Insurers and Banks need to respond to the market with increasing agility and confidence, incorporating enormous sets of data through operationalized and automated processes to provide rates and products in a manner that is smarter, faster and safer. “We are thrilled to welcome Udi and the entire Earnix team to the Insight portfolio,” said Jeff Horing, Insight Partners’ Co-Founder and Managing Director. “As a firm, we’ve focused on vertical market SaaS leaders, and believe Earnix has the right combination of product leadership within a large addressable market to build a big, enduring company. We’re truly excited to support them on their journey ahead.” About Earnix: Earnix is a leading provider of mission-critical systems for global insurers and banks. Through Earnix, customers are able to provide prices and personalized products that are smarter, faster, and safer in full alignment with corporate business goals and objectives. Earnix’s customers deliver over 1 billion quotes per year through Earnix’s solutions, offering systemized, enterprise-wide value with ultra-fast ROI. Earnix has been innovating for Insurers and Banks since 2001 with offices in the Americas, Europe, Asia Pacific, and Israel. For more information, visit earnix.com. About Insight Partners: Insight Partners is a leading global venture capital and private equity firm investing in high-growth technology and software ScaleUp companies that are driving transformative change in their industries. Founded in 1995, Insight Partners has invested in more than 400 companies worldwide and has raised through a series of funds more than $30 billion in capital commitments. Insight’s mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Across its people and its portfolio, Insight encourages a culture around a belief that ScaleUp companies and growth create opportunity for all. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners. About JVP: JVP, founded in 1993 by Dr. Erel Margalit, is an internationally renowned VC fund. Among the pioneering firms of the Israeli VC industry, JVP has been instrumental in building some of the world’s largest companies to emerge, facilitating numerous IPOs on NASDAQ, including CyberArk Software (NASDAQ: CYBR, $4.7 billion mkt. cap.), QLIK Technologies (NASDAQ: QLIK, then $4 billion mkt. cap.) and Cogent Communications (NASDAQ: CCOI, $3 billion mkt. cap.) as well as many large industry sales. Over the past decade, JVP has spearheaded the creation of international Centers of Excellence, including the AI and Media center in Jerusalem, the Cyber center in Beer Sheva, the Foodtech and Agritech center in the Galilee, the International Cyber and FinTech center in NYC, in partnership with NYC/EDC and the leading universities of the city. Recently JVP has decided to open a newly emerging center in the UAE that will be a new chapter for Israeli technologies to engage with the region. For more information on JVP, visit jvpvc.com, or follow us on Twitter: @JerusalemVenturePartners. View source version on businesswire.com:https://www.businesswire.com/news/home/20210222005259/en/ CONTACT: Katarina Matic Montieth & Company 917-853-1105 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY INSURANCE SOFTWARE BANKING SOURCE: Earnix Copyright Business Wire 2021. 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Harshly dry weather, fewer planted acres and good ol’ supply and demand have joined forces to bring peanut farmers the highest prices in two decades for their crop.Prices for this year’s crop, which is near half harvested, are running as high as $1,000 per ton. These are the highest prices since the end of the federal quota system in 2002, which regulated the U.S. peanut supply each year. These are also the highest prices since the early ‘90s, when prices reached record highs between $1,300 and $1,400 per ton.The U.S. peanut crop will be short this year, roughly 1.8 million tons, or 300,000 tons less than in 2010, according to a U.S. Department of Agriculture estimate released this week. “Before harvest is finished, it could be even less,” said Nathan Smith, peanut economist with University of Georgia Cooperative Extension.The U.S. uses or exports 2.1 million tons of peanuts annually. Carryover from last year’s crop is being used now. The shortfall this year has peanut buyers worried, he said. They need enough quality peanuts to keep manufacturers that make snacks and peanut butter running until next year’s crop can be harvested. They like to keep at least between 300,000 tons and 500,000 tons in the pipeline, or as a buffer.“I don’t think we’ll get to the point of rationing peanuts next year, and I hope we don’t. But the industry knows now it will be cutting it uncomfortably close,” Smith said.Georgia produces 45 percent of all peanuts in the country and will harvest 470,000 acres of peanuts this year. This is the state’s lowest acreage in more than 30 years. Drought plagued the crop in Georgia and other peanut-producing states. Texas, which supplies 15 percent of the U.S. peanut crop annually, was hit especially hard. Georgia farmers depended greatly on costly irrigation to produce the crop this year. Fields without irrigation face low yields and poor quality. Georgia growers are expected to produce an average of 3,450 pound per acre. The U.S. as a whole is expected to average 3,256 pounds per acre. “But these yields could be optimistic,” Smith said.“Though we are seeing near-record prices for this year’s crop, this will also be one of the most costly, if not the costliest crop, growers have produced when you considered the high price of fuel, seed, fertilizer and chemicals,” Smith said.Peanut butter consumption has risen 20 percent in the last three years, which has pushed demand for peanuts higher. Major peanut butter manufacturers recently announced plans to raise peanut butter prices by 30 percent by the end of the year.
WASHINGTON — The federal CARES Act money to help sustain businesses during the pandemic ran out last week and Iowa U.S. Senator Chuck Grassley says a new aid package –may– be voted upon as soon as today, but the situation is very fluid.Grassley says he was initially told there would be a Senate vote at 4 o’clock this afternoon, but it’s unclear now if that will still happen. Dollar amounts were decided upon late Sunday. Grassley says, “As of last night, that was $351 billion for the small business loan program, 75-billion for hospitals, and $25 billion for testing.”The Coronavirus Aid, Relief and Economic Security Act passed Congress with overwhelming, bipartisan support and was signed into law by President Trump on March 27th. It allotted a record two-point-two trillion dollars to address the pandemic, including $1,200 checks to most Americans. Grassley, a Republican, says this new incarnation of the CARES Act has been the subject of some partisan squabbling, but he thought they’d gotten past that.“There’s a consensus that even though that’s more than what Republicans might want to do, because we haven’t had money run out for testing and hospitals yet, but money has run out for small business, we were willing to let that go,” he says. In a conference call with Iowa reporters at 8 a.m. today, Iowa’s senior senator says it’s uncertain what will transpire this afternoon or even –if– there will be a vote.“That isn’t really nailed down yet,” Grassley says. “So, when I thought last night we’ll have this taken care of by 4 o’clock this afternoon, I just don’t know for sure. It’s still a little bit touch-and-go I would say.” A state program was also launched earlier this month to help sustain Iowa businesses.The Iowa Economic Development Authority quickly burned through $24 million dollars in grants to several hundred Iowa businesses, though 14,000 business owners applied and the vast majority of them had to be denied.
The Nelson Peewee Leafs are rolling out the red carpet for 10 other Rep teams in the province as the local club plays host to the B.C. Hockey Peewee Rep AAA Championships beginning Sunday at the NDCC Arena.The Reps open Day one of the five-day tournament with a two-game set against Dawson Creek (7 a.m.) and Quesnel in the feature contest at 8 p.m. The Quesnel game follows the opening ceremonies at 7 p.m. when all the teams will be present.Mallard’s Source for sports would like to give the Leafs a grand send off with Team of the Week honours.The team, coached by Jeff Hunt and assistants Vince Vulcano and Tony Maida, includes, Aedan Osika, Nick Haydu, Kai Simmonds, Reid Vulcano, head coach Jeff Hunt, Ben Price, Elijah Havers, Brett Anderson, Tyler Badger, Carter Anderson, Mike Zarikoff, Charles Curiston, Cody Barnes, Shayla Elias, Reece Hunt, Taylor Harrison, Brody Fillion and Max Spielman.The trainer is Mark Spielman.The tournament schedule can be found on the BC Hockey website.
Neither Charlie Austin nor Leroy Fer have been included in QPR’s matchday squad for their pre-season friendly against Italian side Atalanta at Loftus Road. Austin, who has been linked with the likes of Newcastle, and Fer, who is reportedly a target for Sunderland, have both been carrying minor injuries. Rangers say neither player is fit enough to feature in Sunday’s game.Tjaronn Chery and James Perch start for the R’s, as do fellow new signings Ben Gladwin, Massimo Luongo and Sebastian Polter.Trialist Grant Hall is among the Rangers substitutes, as is Oscar Gobern.Midfielder Gobern has featured in previous pre-season friendlies, while Tottenham centre-back Hall has also joined QPR on trial. QPR: Green, Onuoha, Hill, Phillips, Chery, Gladwin, Polter, Faurlin, Luongo, Perch, Kpekawa.Subs: Lumley, Diakite, Hall, Grego-Cox, Comley, Blackwood, Doughty, Gobern, Emmanuel-Thomas, Henry, Furlong, Hoilett.Follow West London Sport on TwitterFind us on Facebook
Fans in typical headgear made fromplastic hardhats at a match betweennational squad Bafana Bafana and EquatorialGuinea in Pretoria in June 2008. (Image:Chris Kirchhoff, MediaClubSouthAfrica.com.For more photos, visit the image library.) The prepaid ticket card, issued to SouthAfricans who buy their tickets at branchesof First National Bank.(Image: South Africa 2010)Janine ErasmusThe first tranche of tickets for the long-awaited 2010 Fifa World Cup are on sale from today – the first of five buying opportunities, each to be administered differently to give all fans an equal chance of securing tickets.Phase One runs from 20 February until 31 March 2009. In this phase football fans are required to submit an application form for their tickets. There are two ways to do this – first, apply for their tickets online at Fifa’s website by signing up for the Fifa.com Club. This applies to both international and local fans. Alternatively, South African residents may go to any First National Bank (FNB) branch and submit their applications in person.Those applying online must have credit card details ready. Once all applications have been processed, a text message will be sent to all applicants to advise them of the success or failure of their bid. If successful, the relevant credit card must be used to collect printed tickets at stadiums and other designated points in each of the nine host cities. These points will only be operational from April 2010. The total value will be deducted from the credit card only if the application is approved.Those applying at FNB branches must have the funds ready as they will be required to pay upfront. All applicants will receive an FNB Visa Zakumi prepaid card, to the value of the tickets purchased. The green-haired leopard Zakumi is the official mascot of the 2010 sporting spectacle.Again, applicants will receive a text message to advise them whether their bid has been successful or not. If successful, the prepaid card must be used to collect printed tickets at stadiums and other designated points in the nine host cities. If unsuccessful, the money on the card may be used at any Visa retailer in South Africa, or may be refunded at any FNB branch.All applications received during this phase will be processed at the same time, and every fan who registers correctly will have an equal chance, so it makes no difference whether bids are submitted on the first or last day of the phase.If there are more tickets than applications, all applications will succeed and there will be no disappointed fans. If there are more applications than tickets, a random draw scheduled for 15 April 2009 will ensure that tickets are allocated fairly.Phase Two runs from 4 May to 16 November 2009. These applications will be processed on a first come, first served basis, so time will be of the essence.Phase Three runs from 5 December 2009 to 22 January 2010, when tickets will be allocated through a random draw on 1 February of that year.Phase Four runs from 9 February to 7 April 2010. As in Phase Two, tickets will be allocated in the order in which applications are received – the earlier the better.Phase Five runs from 15 April to 11 June 2010, in the last-minute sales phase. Application forms will not be used; instead, tickets may be bought in real time – subject to availability – on the Fifa website and at FNB branches.To watch a video that gives step-by-step instructions on how to apply for your tickets, visit Shine 2010.Package dealTeam-specific tickets (TST) are available for those who wish to closely follow the progress of a specific team. Those wanting to buy TST packages must apply for at least three matches, up to a maximum of seven. These are then guaranteed, even if the team in question is eliminated. Remaining games are not forfeited, as fans may then choose to follow the progress of a team that does make it to the next round.There are four TST packages from which to choose – for instance, a TST3 packages gives access to your team’s three group matches, while a TST4 package means you can attend the three group matches and the next stage game – the round of 16, which is the first of three elimination stages and is followed by the quarter- and semi-finals. A TST7 package means you can attend games right up to the final and third place playoff.Four categoriesFifa 2010 World Cup tickets are available in four categories, and the price depends on the location in the stadium as well as the stage of the tournament. Group games are more affordable than those in the elimination rounds.Category 1 – in the front alongside the pitch;Category 2 – adjacent to Category 1 seats, but in the corners;Category 3 – adjacent to Category 2 tickets, in the corners further up in the stands, or behind the goals;Category 4 – behind the goals.Category 4 tickets are reserved exclusively for South African residents are may only be bought using the local currency. Category 4 applicants must provide proof of residence as a security measure. The remaining three categories are available to all, both local residents and international visitors.Prices range from the cheapest, a R140 ($14) Category 4 group match ticket, to a whopping R6 300 ($632) for a Category 1 ticket alongside the field at the final. The cheapest ticket for the final is Category 4, at R1 050 ($105).Tickets for the opening game are priced from R490 ($49) for Category 4, to R3 150 ($316) for Category 1.Prices, say Fifa, are the lowest for a World Cup in many years, and are better priced than the cheapest tickets for both the Japan/South Korea and the German events.Fans need not worry that fluctuating exchange rates will affect their chances of affording a ticket. For the duration of the World Cup the exchange rate has been fixed at R7 to the dollar. The Local Organising Committee (LOC) will bear the extra cost should the rate go any higher.Hints for supportersWhile LOC CEO Danny Jordaan advises fans to get their applications in early, fans should also remember that the final draw only takes place on 4 December 2009 just before Phase Three of ticket sales. Those who are supporting specific teams may want to first wait to see where their favourites are scheduled to play, in the early rounds at least.“People should remember that they won’t be able to buy a match ticket on the morning of the game or at the gate,” warned Jordaan. “South Africans have to buy their tickets early.”While it may be risky waiting for the draw, fans will rest assured that they will be in the stands when their favourite team takes to the field.Do you have queries or comments about this article? Contact Janine Erasmus at [email protected] articlesWorld Cup fast facts 500 days to 2010 Choppers to curb 2010 crime Useful linksFifaFifa – 2010 World CupSouth Africa 2010First National Bank Preliminary match schedule (pdf)
SEA Games in Calabarzon safe, secure – Solcom chief K-pop star Jung Joon-young convicted of gang rape, spycam crimes San Beda, Letran trip foes Brace for potentially devastating typhoon approaching PH – NDRRMC UPLB exempted from SEA Games class suspension Don’t miss out on the latest news and information. LATEST STORIES Typhoon Kammuri accelerates, gains strength en route to PH Iraq was held to a paltry nine points in the third as the Gilas defense held its own in the shaded lane and in the perimeter.Gilas clashes with Qatar at 9 p.m. (Manila time) on Sunday, with a win pushing China and Iraq to the qualifying round for the quarterfinals.Defending champion China scored its first win, a 92-67 manhandling of the Qataris, and will close out preliminary round action against Iraq.Australia and New Zealand, world powerhouses seeing action in the Fiba Asia zone for the first time, are both undefeated and set the pace in their own groups after the first four playdates.Ranked 10th in the world, the Aussies first posted anADVERTISEMENT Trending Articles PLAY LIST 00:50Trending Articles00:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Read Next MOST READ With all guns firing in an eight-minute stretch in the third period on Friday night, Gilas Pilipinas sent Iraq crashing face down in their Group B match and bagged an automatic quarterfinal berth at Nouhad Nowfal Sports Complex in Beirut, Lebanon.ADVERTISEMENT 84-68 victory over Japan before blowing Hong Kong off the floor, 99-55.They would be closing out first-round play against the Chinese Taipei dribblers on Saturday seeking a sweep.The Tall Blacks, on the other hand, survived a 33-point, 11-rebound, eight-assist performance from Lebanese legend Fadi El Khatib also on Thursday to pull off an 86-82 win over the hosts and also rise to 2-0.New Zealand, which defeated the Philippines in the World Cup Qualifying’s wild card tournament in Manila last year, also defeated Kazakhstan and will be seeking top Group C ranking with a win over South Korea, also on Saturday.El Khatib, meanwhile, is averaging 24.5 points and is running third in the department, which Gilas Pilipinas’ Terrence Romeo paces after exploding for 26 points in a 96-87 win over defending champion China on Wednesday night.Syria’s Tarek Aljabi, a beefy shooting guard, is in second after scoring 25 points over Jordan.El Khatib is likewise averaging eight rebounds and six assists. Christian Standhardinger joined Terrence Romeo in presiding over a 19-0 tear as the Filipinos broke away from what had been a very tight contest for a 84-68 victory and a 2-0 record that assured them of safe passage into the KO stages.That third quarter spurt climaxed the hard work the Filipinos put in to bounce back from a bum start and it meant that Gilas will, in all likelihood, be avoiding a quarterfinal clash with world power Australia.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutStandhardinger, the tournament rookie who took the place of Andray Blatche as the country’s naturalized player at the 11th hour, touched off the crippling run with five straight points before Romeo connected on seven consecutive of his own.It was more than enough for the Filipinos to snuff the fight out of the Iraqis, who, like in their Jones Cup encounter three weeks before, resorted to a lot of physicality. Catriona Gray spends Thanksgiving by preparing meals for people with illnesses View comments WATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding LOOK: Venues for 2019 SEA Games
We’ve picked five of our favourite plays from day one of the 2012 X-Blades National Touch League and now it’s your turn to vote!Head to the TFA YouTube channel – www.youtube.com/touchfootballaus to see our ‘Plays of the Day’ and then vote either by commenting on the video (by choosing play 1,2,3,4 or 5) or vote in our poll on Facebook by clicking on the following link:http://www.facebook.com/touchfootballaustralia We’ll be doing a ‘Plays of the Day’ video each day, so be sure to vote and tell us about your favourite play. Keep up-to-date with all of the latest news and information from the 2012 X-Blades National Touch League by visiting the event website – www.ntl.mytouchfooty.com
TagsTransfersAbout the authorPaul VegasShare the loveHave your say Agent of Spurs star Son would love to place him at Napoliby Paul Vegas20 days agoSend to a friendShare the loveThe agent of Heung-Min Son admits he’d love to place the Tottenham star at Napoli.However, Thies Bliemeister says he won’t force the issue.”I have never taken a player to Napoli but I would like it thanks to (Diego) Mardona, my favourite player. I talked to Napoli before with directors who are no longer with the club. I will take advantage of the double meeting with Salzburg to talk to them,” Bliemeister told Radio Marte.”As for Son in Naples, why not? You should never say never in football. Son likes Italy, the food and the Italian people. It is not easy to move him to Napoli as he costs a lot, but one day maybe, who knows?”
NEW YORK, N.Y. – Forbes reported Tuesday that Commerce Secretary Wilbur Ross exaggerated his net worth to the magazine by $2 billion.The publication cited years of internal reporting notes and conversations with Ross, an investor who has been described as “the king of bankruptcy” for buying beaten-down companies with the potential to deliver profits.Forbes estimated Ross to be worth $2.9 billion in its 2016 list of the 400 richest people in the U.S. The magazine said it decided to remove Ross from the list after financial disclosure forms filed after his Cabinet nomination showed less than $700 million in assets.Forbes said Ross protested, claiming that he had transferred more than $2 billion to family trusts between the 2016 election and President Donald Trump’s inauguration. But when that claim raised ethics and tax questions, the Department of Commerce issued a statement saying there was no such transfer.Forbes said it is now “confident that the money never existed. It seems clear that Ross lied to us.”A Commerce Department spokesman in an email critiqued the Forbes’ report, saying it was based on information from “former employees, without full knowledge, and all but one anonymously.” But he also said that “we regret any earlier miscommunication.”Spokesman James Rockas added that all relevant rules were followed in compiling Ross’s disclosure documents.Ross, the Trump administration’s point man on trade and manufacturing policy, is also facing questions over leaked documents showing that he has a stake in a company that does business with a gas producer partly owned by the son-in-law of Russian President Vladimir Putin.Ross told Britain’s Sky network that he disclosed his investment in Navigator Holdings, a shipping giant that counts Russian gas and petrochemical producer Sibur among its major customers. The commerce secretary says U.S. ethics officials who reviewed his finances did not ask him to sell his Navigator stock.