Latest Addition To Regional Network, To Better Serve Local Insurers and Brokers

NEW YORK - Wednesday, November 6th 2013 [ME NewsWire]

(BUSINESS WIRE)-- TransRe today announced that it has received a license from the Monetary Authority of Singapore for its fifth office in the region, joining Hong Kong, Shanghai, Sydney and Tokyo.

Paul Bonny, TransRe’s President of Europe & Asia Pacific said, "Over the past 35 years we have built our global network of offices to better serve local insurers and brokers by combining local knowledge and relationships with global experience and insights. Asia’s insurance growth and market penetration continues at an incredible pace and Singapore is ideally positioned as a reinsurance center. I am confident our new office will help us build on our existing relationships in the region.”

Andy Taylor, TransRe’s Chief Underwriting Officer for Asia Pacific, said, "We are delighted to receive a branch license. Our industry is an imp ... Read more »

ME Newswire / Business Wire

GARGRAVE, England - Tuesday, November 5th 2013

WOUNDCHEK™ Laboratories announced today that it has successfully completed the spin out of the diagnostics business from Systagenix and has signed a non-exclusive global distribution agreement with Kinetic Concepts, Inc. (KCI), the acquirers of the Systagenix advanced wound care business.

The newly formed WOUNDCHEK™ Laboratories business, owned by One Equity Partners LLC (OEP), is based principally in the United Kingdom and will continue to focus 100% on the development of novel wound diagnostics products to help improve therapeutic outcomes in wound care.

Jack Wilkens, CEO of WOUNDCHEK™ Laboratories, added: "Our vision is to provide clinicians with better, accurate, timely, actionable, and easy to access information, leading to improved therapeutic outcomes through point of care wound diagnostics. With the cost of ineffective wound care treatment estimated at $20-25 billion1 annually ... Read more »

Dubai, United Arab Emirates - Tuesday, November 5th 2013 [ME NewsWire]

Thuraya, a leading Mobile Satellite Services Operator and Vocality, a leading network router manufacturer for the defense and first responder sectors today announced a strategic partnership agreement. The new agreement enables Thuraya to provide Vocality solutions through its global network of Service Partners serving commercial and defense mobile satellite communications markets.

Vocality’s ELITE Fusion platform is scheduled for launch early in 2014 and will be available for use on Thuraya’s network. The ELITE Fusion is a cutting edge, first responder communications platform combining voice, radio relay (push to talk), network routing and security for a complete field communications package. When integrated with Thuraya’s highly portable IP terminals, ELITE Fusion makes for a compelling portable communications platform.

"Thuraya’s partnership with Vocality is another example of our commitment t ... Read more »