Münchener Rückversicherungs-Gesellschaft, commonly known as Munich Re, is a prominent reinsurance company headquartered in Munich, Germany. Established in 1880 by Carl von Thieme, it has evolved into one of the world's leading reinsurers by adopting a strategy focused on risk diversification and broad partnerships with various cedents, rather than relying solely on a few major clients. Munich Re's operations extend beyond reinsurance; its subsidiary, ERGO, serves as the primary insurance arm of the group. The company has a long history of innovation in the insurance sector, including the introduction of the first machinery insurance in the 1890s. Munich Re is listed on German stock exchanges and is included in major indices such as the DAX and Euro Stoxx 50, reflecting its significance in the global insurance market.
Relayr, Inc. specializes in Industrial Internet of Things (IIoT) technology, providing a middleware platform that connects diverse industrial equipment for data collection and analysis. The platform is designed to identify anomalies in operational readings and can be customized to fit various hardware setups. Relayr offers a range of services, including implementation, production line optimization, and IIoT starter programs, catering to sectors such as manufacturing, automotive, food processing, and power generation. Established in 2014 and headquartered in Chicago, the company also has offices in Germany, Italy, and Poland. As of late 2018, Relayr operates as a subsidiary of HSB Group, Inc. Through its innovative solutions, Relayr aims to empower businesses to leverage data insights for enhanced decision-making and new revenue opportunities.
Mnubo Inc. specializes in smart data management and analytics for the Internet of Things (IoT), serving enterprises, service providers, and device manufacturers. Founded in 2012 and headquartered in Montreal, Canada, with an additional office in Tokyo, Japan, Mnubo's cloud platform allows original equipment manufacturers (OEMs) to connect, collect, analyze, and utilize data from their connected devices. The company provides real-time data collection and management services, including object modeling and lifecycle management. Its solutions cater to various sectors such as wearable technology, industrial applications, automotive, building management, and healthcare. By equipping manufacturers with actionable insights, Mnubo enhances product usage, boosts customer engagement, and reduces operational costs. As of mid-2019, Mnubo operates as a subsidiary of Aspen Technology, Inc.
Eurosender is a digital logistics platform that offers international door-to-door shipping services for parcels and luggage. Founded in 2014 and headquartered in Luxembourg, the company operates offices in several cities across Europe, including London, Berlin, Ljubljana, Kiev, and Gdynia. Eurosender serves as a logistics marketplace, connecting businesses with transportation providers to optimize shipping operations. The platform features advanced automation tools that allow companies to manage their logistics processes online, enabling them to gather and analyze data to enhance efficiency and anticipate disruptions. Alongside its technology, Eurosender provides access to a team of logistics specialists who offer tailored solutions to address specific business challenges.
Helium Systems Inc. specializes in Internet of Things (IoT) solutions, focusing on the development of smart sensor devices for various industries. These sensors monitor critical environmental factors such as temperature, humidity, barometric pressure, motion, and light, aiding in facility management and quality control for medical products, energy efficiency, air quality, and refrigeration. The company offers a web and mobile dashboard that allows users to manage and access their sensor data easily. Additionally, Helium operates a peer-to-peer wireless network designed to enhance connectivity for low-power IoT devices. This network incentivizes individuals to act as network operators by rewarding them with cryptocurrency for verifying transactions and maintaining coverage through a unique algorithm called Proof-of-Coverage. Incorporated in 2013 and based in San Francisco, Helium continues to innovate in the IoT space, providing robust solutions for data transfer and network connectivity.
Since October 2006, the company generates clean energy with large scale renewable energy plants. Today Grupo T-Solar is present in 6 countries and has 392MW of installed capacity across 3 continents.
HSB Group, Inc. provides equipment breakdown insurance and other specialty insurance and reinsurance services. It offers equipment breakdown insurance, employment practices liability insurance, identity theft insurance with identity recovery services, computer systems insurance, data compromise coverage, miscellaneous professional liability, and renewable energy insurance.
Allfinanz
Acquisition in 2007
Founded in 1987, Allfinanz is the market leader in providing new business processing and underwriting automation software to the life insurance industry. By electronically capturing application details and automating the underwriting process, Allfinanz solutions deliver Straight Through Processing (STP) for life insurers, and in so doing slash costs and drive greater profitability. Allfinanz has enabled STP and "instant issue" at insurers and banks worldwide, who are now able to approve up to 80% of new applications at the point of sale for a variety of life insurance products across a range of distribution channels (including intermediary, call-centre, bancassurance, agent and direct channels). This has been accompanied by a significant reduction in new business acquisition costs – by up to 85% in some cases. Allfinanz is headquartered in Dublin, Ireland, and has a regional office in Sydney, Australia, as well as support offices in the UK, the US, Hong Kong and South Africa.
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