Day: May 22, 2024

The Pinnacle Gathering of Global Insurance and Technology Innovators Convenes in Dallas, Texas

BOSTON, May 22, 2024 (GLOBE NEWSWIRE) — Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, kicks off Formation ’24. The event takes place at the Omni Dallas Hotel in Dallas, Texas.

This year’s theme, “Simplifying Together,” is focused on working with customers and partners to simplify the complexity of insurance. Formation ’24 is an unparalleled event experience featuring enriching content, extensive industry networking opportunities, and memorable activities.

Simplifying Together at Formation ‘24

Formation ’24 features esteemed customers sharing best practices and firsthand experiences in implementing Duck Creek and partner ecosystem innovations, in addition to Duck Creek leaders providing insight into industry trends and technologies for the year ahead.

“Formation is a special event that allows Duck Creek to engage directly with our customers and prepare them for the year ahead,” says Mike Jackowski, Chief Executive Officer, Duck Creek Technologies. “We are fortunate to work with many innovative insurance companies that are seen as leaders in our industry. The world of P&C and general insurance increasingly faces many complexities and challenges, and together, we are building solutions to simplify processes and help insurers focus on what matters most.”

Jackowski will take the main stage to discuss these challenges in depth and offer solutions. After giving his perspective on the state of the industry and how Duck Creek rises to meet these challenges, Jackowski will be followed by customers and other Ducks to provide a deep dive into topics such as how evergreen Software-as-a-Service (SaaS) and Active Delivery via the Azure Cloud have helped streamline underwriting for growth, profitability, and risk management.

Covering the Complexities of Insurtech

In addition to main stage general sessions, Formation ‘24 will host 40 general and hyper-focused breakout sessions covering every aspect of the P&C insurance industry attendees have top of mind. Sessions will cover AI and machine learning in insurtech, distribution management and risk management, cloud environments, automation, successful migration strategies, and so much more.

A highlight of the event includes a panel breakout session, “The Future of Insurance in Action,” featuring influential industry analysts as guest speakers. This panel discussion will focus on how insurers think about AI and the business and technology initiatives they are considering.

“Formation is a way for Duck Creek to showcase our commitment to investing in our customers,” says Chris McCloskey, Chief Operation Officer, Duck Creek Technologies. “We take pride in assisting customers in their growth and achieving business value, and at Formation ‘24, we bring together customers and partners to discuss how we can all work together with the right technology to simplify the process and reach the right outcomes.”

The agenda and speaker line-up are now available on the conference website. For more information on Formation ‘24, please visit https://www.duckcreek.com/formation/.

About Duck Creek Technologies

Duck Creek Technologies is the intelligent solutions provider defining the future of the property and casualty (P&C) and general insurance industry. We are the platform upon which modern insurance systems are built, enabling the industry to capitalize on the power of the cloud to run agile, intelligent, and evergreen operations. Authenticity, purpose, and transparency are core to Duck Creek, and we believe insurance should be there for individuals and businesses when, where, and how they need it most. Our market-leading solutions are available on a standalone basis or as a full suite, and all are available via Duck Creek OnDemand. Visit www.duckcreek.com to learn more. Follow Duck Creek on our social channels for the latest information – LinkedIn and X.

Media Contacts:
Carley Bunch
[email protected]

GlobeNewswire Distribution ID 9121720

Microgrid and Resiliency Solutions Project Includes Infrastructure Upgrades to Meet County’s Long-Term Energy Needs

BONITA SPRINGS, Fla., May 22, 2024 (GLOBE NEWSWIRE) — e2Companies, a leading provider of integrated solutions for power generation and distribution, and its subsidiary, Palm Energy, are leading a Microgrid and Resiliency Solutions Project for the Erie County Department of Public Works, which aims to increase power reliability at their buildings in Western New York.

This initiative begins with the need for a more reliable, cost-effective alternative for backup power generation at the Edward A. Rath County Office Building, a 16-story building that houses many of the county’s public offices. e2Companies will install its patented R3Di^® System to provide uninterruptible, conditioned power for the building. In addition, the R3Di^® System will incorporate a new rooftop solar array, making it a turnkey microgrid, further enabling flexibility for the utility during times of emergency grid conditions. e2Companies combines the system with grid optimization software and services to strategically dispatch power based on weather, market pricing, and grid conditions to make it a full-service Virtual Utility^®, the first utility-grade network of Distributed Energy Resources designed to deliver full visibility and control with a turnkey, integrated solution.

As part of a long-term partnership stemming from this project, e2Companies and Palm Energy will evaluate Microgrid power needs for other facilities across Erie County and recommend solutions that may include on-site power systems, which will enhance their reliability and sustainability, and in turn energy costs and savings.

“In addition to no longer having to worry about providing power to a mission-critical building, Erie County is able to use our expertise to participate in market programs that may not have been feasible in the past,” said Jeffrey Bonerb, Vice President of Strategic Business Partnerships at e2Companies. “Our solutions are available to commercial, industrial, and government entities across New York State, and we are excited to expand our portfolio in the NYISO territory.”

e2Companies will partner with 34 Group, a New York State-certified Minority Business Enterprise led by Hall of Fame running back Thurman Thomas, to manage the construction of other projects identified through their ongoing assessments. “The project aligns well with 34 Group’s mission to build stronger communities by investing in construction that serves the public good and creates more local jobs,” Thomas said.

Erie County Public Works Commissioner William Geary said the Microgrid and Resiliency Solutions Project is an innovative partnership that sets a foundation for the county to continue being good stewards to the community during this global energy transition.

“Collaborating with e2Companies, Palm Energy, and 34 Group brings together the expertise and resources needed to propel our energy projects to success, leveraging each partner’s strengths for a more sustainable future,” Geary said.

About e2Companies
e2Companies is accelerating the energy transition with Virtual Utility^®, the first utility-grade network of distributed energy resources that delivers Grid 3.0, autonomous grid stability. e2Companies’ patented technology, the R3Di^® System, provides a synthetic utility BUS with inertia for continuous on-site power and seamless resiliency. The R3Di^® System is continuously monitored by the Grove365 to optimize resources, track ESG targets, and unlock new revenue opportunities for customers.
To learn more about e2Companies, visit www.e2companies.com.

Investor Contact
Investors may contact investorrelations@e2companies.com with inquiries.

Media Contact
Media may contact [email protected] or call 844-397-2692.

GlobeNewswire Distribution ID 9121529

Geofencing capabilities and an exclusive new agreement expands the reach of Trustifi’s next-generation, AI-powered solutions to new countries

LAS VEGAS, NV / ACCESSWIRE / May 22, 2024 / Trustifi, the premier provider of AI- and cloud-based email cyber security solutions, announced the launch of new geofencing capabilities for its expanding customer base in the United Arab Emirates (UAE). This demand has been primarily driven by an exclusive agreement with CyberDisti, a major distributor serving the UAE, India, and Africa. This new development extends Trustifi’s geographic base, which already includes an impressive range of countries such as the US, Canada, Australia, New Zealand, Ireland, Germany, Singapore, and Brazil, a geographic list that represents some of the world’s most technologically advanced nations.

CyberDisti is one of the leading email security distributors in its market. The company has offices in Mumbai, Kerala, Delhi, Bangalore, and Tamil Nadu in India; Kenya in Africa; Dubai in the UAE; and Oman. This distributor now solely offers Trustifi solutions to its network of managed service providers, giving credence to Trustifi’s position as a one-stop resource for email cybersecurity offerings. Trustifi’s comprehensive suite offers both inbound and outbound security encompassing anti-malware and antivirus, data loss protection, AES-256 encryption with tokenization capabilities, automated compliance to a host of global regulations, smart archiving features, an account takeover protection module, and an integrated new platform providing customizable threat simulation capabilities.

Cybersecurity continues to be a major concern in the UAE and its neighboring nations, as threats compound across the globe following the rise of AI-driven malware. For example, an increase in cybersecurity breaches in the UAE has been documented by Dark Reading, which reported that 87% of companies in this region have experienced cyber incidents in the past two years from both external and internal actors. And in India, a December cyberattack on an online government platform, the e-Nagarpalika portal of Madhya Pradesh, shut down that body’s services and compromised the data of residents across 412 cities, triggering a massive loss of revenue.

"Cybersecurity issues are only amplifying as AI-based technologies advance, to the point where it’s becoming near impossible for network users to tell viable emails apart from damaging imposter phishing attempts-and many of the largest breaches in recent memory can be traced to a single password compromise. Companies need to be more proactive and take these risks out of their users’ hands by leveraging advanced, AI-based, layered security solutions. CyberDisti understands that, and has taken action for their solution providers," said Rom Hendler, CEO and co-founder of Trustifi. "The fact that CyberDisti has entrusted us to be its sole provider of email cybersecurity solutions is evidence of the wide-ranging capability of our products. We’re proud to be able to extend these AI-based protections to CyberDisti’s customers throughout India-one of the most populated regions in the world-in addition to the UAE and Africa."

Trustifi’s AI-powered solutions provide superior protection compared to traditional security packages. Too many conventional SEG (security email gateway)-based solutions leverage blacklisting and whitelisting of known malicious IP addresses as their main tactic in filtering threats. Such methods are not adequate in this age of clever AI-generated and social engineering attacks, which lure victims to persuasive mock-ups of known vendor web sites in order to commandeer those users’ credentials. In addition, Business Email Compromise (BEC) attacks target high-level personnel, hacking their accounts and composing convincing requests to transfer money via wire. Blacklisting techniques simply can’t detect these more sophisticated strategies. Only advanced AI-trained filters that interpret text and identify ill-intentioned keywords can flag such attempts. Trustifi’s next generation solutions utilize these progressive methods.

"Trustifi’s suite incorporates such a powerful range of capabilities, we felt they presented considerable benefits over many less-versatile email cybersecurity options," said Jibu John, CEO of CyberDisti. "Trustifi offers a born-in-the-cloud portfolio, developed specifically to address techniques that have developed since the advent of cutting-edge, AI-based threats. Their solutions leverage the same kinds of AI-driven tools to detect and help administrators remediate these advanced attacks. When we weighed these advantages, Trustifi was the clear choice to be our exclusive email cybersecurity provider."

Trustifi was recognized in the 2023 Gartner Market Guide for Email Security* for its Outbound Shield, Inbound Shield, and Account Takeover Protection solution. In addition, Trustifi’s solutions have repeatedly been acknowledged through awards from esteemed sources such as CRN, the American Business Association, ChannelVision magazine, Expert Insights, the Cybersecurity Breakthrough Awards, SourceForge, and the "Globee" Business Awards.

*Gartner, "Market Guide for Email Security", Ravisha Chugh, Peter Firstbrook, Franz Hinner, 13 February 2023. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

https://go.trustifi.com/gartner-email

About Trustifi

Trustifi is a cybersecurity firm featuring solutions delivered on a software-as-a-service platform including sophisticated AI-driven tools. Trustifi leads the market with the easiest-to-use and deploy email security products providing both inbound and outbound email security from a single vendor. The most valuable asset to any organization, other than its employees, is the data contained in its email, and Trustifi’s key objective is keeping clients’ data, reputations, and brands safe from all threats related to email. With Trustifi’s Inbound Shield, Data Loss Prevention, Account Takeover Protection, and Email Encryption, clients are always one step ahead of attackers. www.trustifi.com

Follow Trustifi: Twitter, LinkedIn, and Facebook.

# # #

Contact:

Suzanne Mattaboni
CommCentric Solutions
+1 610 737-2140
[email protected]

SOURCE: Trustifi

View the original press release on accesswire.com