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U.S. holds talks with Taiwan ahead of unveiling of China policy: MOFA

The United States has been in talks with Taiwan in recent weeks, as Washington prepared to unveil its strategy on China late Thursday, according to Taiwan’s Ministry of Foreign Affairs (MOFA).

The communications between the U.S. and Taiwan over the past few weeks have been “intense,” in the run-up to U.S. Secretary of State Antony Blinken’s scheduled speech on China policy, at George Washington University on Thursday at 10 p.m. Taiwan time, MOFA said.

In order to uphold mutual trust and a tacit understanding between the two sides, however, the foreign ministry will not disclose the contents of those discussions, MOFA deputy spokesperson Tsuei Ching-lin (???) said at press briefing, when asked whether Taiwan had been briefed in advance about Blinken’s upcoming speech.

According to the U.S. State Department, Blinken is scheduled to outline U.S. President Joe Biden administration’s policy toward China at 10:00 a.m. Thursday local time at the university in Washington (10:00 p.m. Taiwan time).

The speech, which was postponed from early May after Blinken tested positive for COVID-19, comes on the heels of Biden’s trip to Asia, which was seen as aimed at reinvigorating relationships with the U.S.’s allies to counter China’s influence in the region.

During Biden’s visit to Japan, he said in response to a reporter’s question that the U.S. would be willing to intervene militarily if China was to attack Taiwan.

Biden’s off-the-cuff remarks were interpreted by some a more open commitment of U.S. intervention, or “strategic clarity,” and a deviation from the U.S.’ policy of “strategic ambiguity,” which allows it to remain vague about its response in the event that Taiwan is attacked by China.

On Tuesday, however, Biden stressed that the U.S. policy of strategic ambiguity on Taiwan “has not changed at all,” after he met with his colleagues at the leaders’ summit of the Quad nations, including prime ministers Fumio Kishida of Japan, Anthony Albanese of Australia, and Narendra Modi of India.

Source: Focus Taiwan News Channel

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Taiwan, Lithuania hold high-level economic talks

Taiwan’s Deputy Minister of Economic Affairs Chen Chern-chyi (???) held talks Wednesday with his Lithuanian counterpart on expanding economic cooperation between the two countries, according to the Ministry of Economic Affairs (MOEA).

The talks with Lithuanian Vice Minister of Economy and Innovation Jovita Neliupšiene covered topics including semiconductor, laser, biotech, investment and startup industries, as well as the resilience of global supply chains, the MOEA said in a press release Thursday.

The economic dialogue is the first to take place between the countries at vice ministerial level, according to the ministry, and comes as part of a three-day visit by a 24-member Taiwanese delegation to Lithuania.

In public remarks before the meeting, Chen said Taiwan and Lithuania have built ties based on shared democratic values even amid momentous changes internationally, in areas such as supply chains, trade and geopolitics.

Neliupšiene, meanwhile, said the dialogue would help to further expand business relationships that Lithuania’s cutting-edge laser, life science and startup industries have begun to build with companies in Taiwan.

Taiwan opened a representative office in Lithuania last November, and sent economic delegations to the country in October 2021 and March 2022.

In the first quarter of this year, bilateral trade between the two countries increased by 30 percent to NT$44.87 million (US$1.52 million), Taiwan customs data shows.

At the same time, however, the Baltic state has come under heavy political and economic pressure from China over the name of the office – Taiwanese Representative Office.

Taiwan typically names its overseas representative offices “Taipei Economic and Cultural Office” or “Taipei Representative Office,” in keeping with the host countries’ preference to avoid any references that would imply Taiwan is a separate country from China.

Source: Focus Taiwan News Channel

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CORONAVIRUS/Two children under 5 die from COVID-19 complications

Two girls under the age of 5 were among the 104 deaths linked to COVID-19 reported Thursday, bringing the number of children under 10 who have passed away from the disease in Taiwan to seven, the Central Epidemic Command Center (CECC) said.

One of the two girls was a 1-year-old who died of septic shock after contracting COVID-19, and the other was a 4-year-old who had developed encephalitis, or inflammation of the brain, and then suffered multiple organ failure, said Lo Yi-chun (???), deputy head of the CECC’s medical response division.

The two tested positive for COVID-19 on May 17 and May 11, respectively, and passed away on May 23 and May 20.

Lo also reported that a 7-year-old boy had developed a severe infection of COVID-19.

The boy has cancer and was hospitalized when he was diagnosed with bacterial pneumonia. He later tested positive for COVID-19, and is now in an intensive care unit, Lo said.

To date, 16 children under the age of 10 have developed severe symptoms after contracting COVID-19, Lo said.

Seven of these children have passed away, including five who had encephalitis, one who died of septic shock, and a boy whose death was ruled as caused by COVID-19 even though doctors were unable to determine how the disease progressed in his case.

Lo has urged parents to watch out for several symptoms in children that could indicate encephalitis, including a fever of 41 degrees Celsius or higher, loss of consciousness, lethargy, a persistent headache, vomiting, seizures, and an unsteady gait.

Parents should immediately take their children to the hospital if they display any of these symptoms, Lo said.

The CECC had previously stated that to address the rising number of children with moderate to severe symptoms of COVID-19, it had ordered an increase in the number of hospital beds designated for such patients.

It has also advised parents to arrange for their children to be vaccinated against the disease if their children are 5 years old or older.

Source: Focus Taiwan News Channel

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Investments & Wealth Institute Releases ‘Defining Wealth Management’ Report

The report defines knowledge and skills required of professional wealth management practitioners and serves as a blueprint for teams and firms to deliver competent, ethical advisory services to the public.

Denver, Colorado, May 25, 2022 (GLOBE NEWSWIRE) — The Investments & Wealth Institute’s (the Institute) 2022 ‘Defining Wealth Management’ report will be included as a special supplement to the March/April issue of the Institute’s Investments & Wealth Monitor, which will be published this month. The report serves as a blueprint for sole-proprietor practitioners, teams, firms or enterprises that aim to deliver competent, ethical wealth management services to the public.

Over the past three years, the Investments & Wealth Institute, in partnership with third-party psychometric partners, has commissioned several studies to define the knowledge and skills required for practitioners working within wealth management teams and firms. These studies have provided insight into industry trends and have helped the Institute to fulfill its non-profit purpose to develop and encourage the practice of high standards of professional conduct and to promote and protect the interests of the profession and the public it serves.

“We have seen wealth management teams evolve to better serve the sophisticated and complex needs of the clients they serve,” said Sean R. Walters, CAE®, chief executive officer of the Institute. “The team approach, integrating foundational process competencies like financial planning with advanced certifications in investment consulting, private wealth advice, and retirement management, leads to a more complete offering of wealth management services and advice to clients.”

Voluntary certifications enable advisors to obtain and demonstrate the knowledge and skills necessary to perform different jobs within a wealth management firm, while allowing advisors to differentiate their unique expertise. Wealth management professionals today must exhibit capabilities surrounding three distinct jobs that comprise a wealth management practice:

“In the U.S. at least, the regulatory structure is focused more on products and services, and less on professional competencies,” said Walters. “Voluntary certifications shouldn’t replace regulation – they should transcend and include the regulatory framework. We do this by applying sound psychometric methodologies that codify the standards that are needed to perform a job within a wealth management firm or team.”

Advisory professionals must expand expertise on all forms of strategies, styles, products,’ and behavioral biases related to investing to serve their clients. Investments & Wealth Institute professional certifications and educational programs help advisors deliver that value every day.

Click here to read the full report.

About Investments & Wealth Institute
Founded in 1985, the Investments & Wealth Institute is the premier professional association, education provider and standards body for financial advisors. Through its award-winning events, publications, courses and acclaimed certifications — Certified Investment Management Analyst® (CIMA®), Certified Private Wealth Advisor® (CPWA®) and Retirement Management Advisor® (RMA®) — the Institute delivers Ivy League-quality, highly-practical education to more than 30,000 practitioners annually in over 40 countries. Members of the Institute include the industry’s most successful investment consultants, advanced financial planners and private wealth managers who embrace excellence and ethics in applying a broad set of knowledge and skills in their daily work with clients. Learn more at www.investmentsandwealth.org.

Maureen Walker
Investments & Wealth Institute
303-850-3202
mwalker@i-w.org
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New National Geographic Series Chasing Answers Spotlights KAUST’s Emergence as a Global Scientific Research Hub

Chasing Answers

NEW NATIONAL GEOGRAPHIC SERIES CHASING ANSWERS SPOTLIGHTS KAUST’S EMERGENCE AS A GLOBAL SCIENTIFIC RESEARCH HUB

Four-part documentary delves into groundbreaking work conducted by teams of staff and students

THUWAL, Saudi Arabia, May 25, 2022 (GLOBE NEWSWIRE) — National Geographic is shining the spotlight on Saudi Arabia’s King Abdullah University of Science and Technology (KAUST) in Chasing Answers, a new four-part series that explores the emergence of the Thuwal-based institution as a hub for groundbreaking scientific research and development in the region and the world. The documentary, produced by National Geographic, will premiere on National Geographic (English) and National Geographic Abu Dhabi (Arabic) on Wednesday, June 1st at 9pm KSA.

Home to elite scientists from all over the world, KAUST focuses on research that applies science and technology to areas of global concern. The series delves into three areas in particular – human need, social advancement and environmental sustainability – highlighting important projects with significant impact on both nature and mankind.

Episodes include Powering the Future, which will take a look at a team of KAUST researchers, as they spend countless hours tackling climate change and testing alternative energy solutions. Red Sea Explored is a deep dive into projects that include underwater internet and coral spawning.

Chasing Answers

NEW NATIONAL GEOGRAPHIC SERIES CHASING ANSWERS SPOTLIGHTS KAUST’S EMERGENCE AS A GLOBAL SCIENTIFIC RESEARCH HUB

The episode (Feeding) The 10 Billion Challenge shows the inroads being made by the KAUST team in answering the ever-daunting question of how to feed the world’s growing population. We Are Doers focuses on a group of problem-solvers as they look for ways to use technology to help overcome issues ranging from the global microchip shortage to filling knowledge gaps in our understanding of the past and our ambitions for the future.

Chasing Answers will air at 9pm KSA time each Wednesday for four weeks starting June 1st.

About King Abdullah University of Science & Technology 

Established in 2009, King Abdullah University of Science and Technology (KAUST) is a graduate research university devoted to finding solutions for some of the world’s most pressing scientific and technological challenges in the areas of food and health, water, energy, environment and the digital domain. KAUST is a curiosity-driven, interdisciplinary problem-solving environment, with state-of-the-art labs, distinguished faculty talent, and 20 research areas related to these themes.

KAUST brings together the best minds from around the world to advance research. More than 100 different nationalities live, work and study on campus. KAUST is a catalyst for innovation, economic development and social prosperity in Saudi Arabia and the world, with research resulting in novel patents and products, enterprising startup businesses, collaborative regional and global initiatives, and original published papers.

To learn more visit kaust.edu.sa.

For more information, please contact global.pr@kaust.edu.sa

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/9353a626-6d54-4841-a1e8-52956bd1b5d7
https://www.globenewswire.com/NewsRoom/AttachmentNg/8c88619e-5dd6-4684-9134-a08379b51659

A video accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4304d1e8-8ce2-45c6-9a8a-6b4babe0a0c6

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Lega Serie A Lands in the US, De Siervo Launches ‘Calcio is Back’ in New York

Opening event at the Metropolitan Museum of Art, attended by Vieri, Del Piero, Pirlo and Nesta

LEGA SERIE A LANDS IN THE US, DE SIERVO LAUNCHES ‘CALCIO IS BACK’ IN NEW YORK

Charlie Stillitano, right, Managing Director for U.S. Lega Serie A, listens as Luigi De Siervo, left, CEO of Lega Serie A, speaks during the ‘Calcio Is Back’ gala dinner to kick-off Italy’s Lega Serie A soccer arrival to the U.S., Tuesday, May 24, 2022, at the Met in New York. (AP Photo/Bebeto Matthews)

NEW YORK, May 25, 2022 (GLOBE NEWSWIRE) — The Lega Serie A lands in the United States. And it does so in grand style, launching a new ‘historic phase’ for Italian football, with the inaugural event ‘Calcio is Back’ at the Metropolitan Museum of Art in New York, a prestigious venue for world-famous brands. Many personalities from the institutional, entrepreneurial, cultural, sporting and entertainment worlds attended the event, including all the Lega Serie A clubs and legends such as Alessandro Del Piero, Alessandro Nesta, Andrea Pirlo and Christian Vieri, ‘Ambassadors of Lega Serie A’, as well as NBA and NFL champions. “It’s a project that started more than two years ago: we strongly believe in it and it’s finally happening, 20 years later than it should have,” explained Luigi De Siervo, CEO of Lega Serie A, at a press conference in New York to present the project.

“Those who came before us had only focused on Italy, which is fundamental in terms of turnover;” now is the time to do what should have been started two decades ago, with “the beginning of globalisation. Until now,” De Siervo explained, “the Serie A had focused on other priorities.”

The operational and institutional centre of the project ‘Calcio is Back’ in the US will be the recently opened office of the Lega Serie A in New York, in Chelsea Manhattan, 133W 25th street. The opening of the first international office marks the start of a project that will allow the Lega and its 20 member clubs to create new synergies while strengthening the relations with institutions, broadcasters, brands and fans overseas.

The opening of the Lega’s New York office, De Siervo continued, is aimed at “progressively growing” the Serie A product, at “making up for lost time and reaching everyone in the United States who watches football.” De Siervo then expressed his “enthusiasm” for the relationship with CBS, the Lega Serie A’s main broadcaster in the United States. “We are actively working to put them in a position to increase their audience.”

The investment for the launch in the US is currently quantified at between €1 million and €3 million, “but it can still be increased,” says De Siervo, anticipating that “two more hubs such as the one in New York” will be opened and that the aim “is to have a series of offices around the world within a year and a half.”

For more information:
LaPresse SpA Communication and Press Office Director
Barbara Sanicola – barbara.sanicola@lapresse.it

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3ef91ba0-d8b9-4084-934b-f4b72e083d79

The photo is also available at Newscom, www.newscom.com, and via AP PhotoExpress.

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ResMed Announces Participation in the 38th Annual Bernstein Strategic Decisions Conference

SAN DIEGO, May 25, 2022 (GLOBE NEWSWIRE) — ResMed (NYSE: RMD, ASX: RMD) today announced Mick Farrell, chief executive officer, will participate in a fireside chat at the Bernstein Strategic Decisions Conference on Wednesday, June 1, 2022, beginning at approximately 1:30 p.m. (Eastern Daylight Time) at the New York Hilton Midtown in New York City.

More information about this event, including a live webcast, may be accessed by visiting http://investor.resmed.com. The webcast replay will be available approximately 12 hours after the live webcast ends and will be accessible through June 1, 2023.

About ResMed
At ResMed (NYSE: RMD, ASX: RMD) we pioneer innovative solutions that treat and keep people out of the hospital, empowering them to live healthier, higher-quality lives. Our digital health technologies and cloud-connected medical devices transform care for people with sleep apnea, COPD, and other chronic diseases. Our comprehensive out-of-hospital software platforms support the professionals and caregivers who help people stay healthy in the home or care setting of their choice. By enabling better care, we improve quality of life, reduce the impact of chronic disease, and lower costs for consumers and healthcare systems in more than 140 countries. To learn more, visit ResMed.com and follow @ResMed.

For investors
Amy Wakeham
+1 858.836.5000
investorrelations@resmed.com		 For media
Jayme Rubenstein
+1 858.836.6798
news@resmed.com
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Chain Names Mike Herron as New Chief Marketing Officer

Featured Image for Chain

CHARLESTOWN, Saint Kitts and Nevis, May 25, 2022 (GLOBE NEWSWIRE) — Chain, a ledger-as-a-service blockchain launched in 2014, announced today that Mike Herron will serve as the inaugural Chief Marketing Officer for the company. Herron’s hire and creation of the Chief Marketing Officer position is fueled by strong goals for the company’s flagship products, such as its private ledger-as-a-service product, Sequence, and the growing product line currently in development.

“Mike is a tested leader in crypto marketing and is a strong hire to help Chain build our reputation and grow brand recognition. As we approach new product launches and new versioning in 2022, Mike’s experience will be critical to connecting with clients who need Chain’s private blockchain products to grow their reach globally,” said Deepak Thapliyal, Chain’s Chief Executive Officer.

Herron is a veteran marketer with more than two decades of experience building and executing high-profile marketing strategies. A creative at heart, he specializes in creating memorable branding and cutting-edge visuals for start-ups and established brands. He blends the strengths of an online marketer with traditional business development experience and sponsorship management across his diverse background in the sports, tech, and crypto sectors. His ability to anticipate public relations opportunities and create agency-quality materials in-house effectively gains attention and elevates his clients in events and traditional and social media. He has bolstered the reputations of brands such as U.S. Cellular, Lukka, Solo Cup, to name a few. His advice and consulting work on key campaigns for United Airlines and numerous other Fortune 500 companies helped smoothly launch new products as sage companies modernized their sales and marketing tactics. Herron resides in Chicago with his wife and four children.

“Chain delivers high-quality, foundational crypto products to clients globally, and I am excited to help tell that story,” Herron said. “I look forward to supporting the team developing Chain’s latest innovations while growing the company’s reputation and their client base.”
Press Inquiries

For all press, analyst, and speaking opportunities, contact press@chain.com.

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How to Explore Qatar by Bicycle, Metro and on Foot

Qatar Tourism

DOHA, Qatar, May 25, 2022 (GLOBE NEWSWIRE) — With just six months to go until the FIFA World Cup Qatar 2022™, Qatar Tourism has revealed how easy it is to explore the country by metro, bicycle or on foot.

With more than one million international fans expected to visit during the tournament, public transport services will be crucial to attend matches and see tourism sights in a safe and affordable way.

Chief Operating Officer of Qatar Tourism Berthold Trenkel said: “Visitors don’t need a car to explore Doha, as all the top attractions are located accessibly along our metro and tram network. To see the sights stress-free, it’s also surprisingly simple to stroll around the city.

“For example, our vibrant café-lined downtown district of Msheireb connects, via a convenient passage, to the historical Souq Waqif; a walk between both really brings to life Qatar’s fusion of ancient heritage and modern development – a theme prevalent across the country’s society, culture, and architecture.”

How to explore Qatar

By metro…

Doha Metro is one of the most advanced train systems in the world. The state-of-the-art network has been operational since 2019 and features 100 km/h trains, driverless carriages and even a Gold Class for premium passengers.

FIFA World Cup Qatar 2022™ fans will find the metro provides a practical and inexpensive means to attend matches. The system links Hamad International Airport (HIA) with five of the eight stadiums.

A journey costs as little as 2 QAR for a one-way trip (0.55 USD), after a reusable travel card (valid for five years) has been purchased for 10 QAR (2.75 USD).

The system’s red, green and gold lines also link the capital’s best cultural, leisure and shopping attractions. A bus service called Metrolink provides free shuttle rides across the city to metro station entrances.

Stops on the red line include Katara, Doha’s go-to destination for arts, culture, and cuisine; West Bay, the city’s skyscraper-laden central district; Msheireb, the downtown sustainable revival of the old commercial district with a fleet of al fresco dining options; and HIA at the end of the line.

The gold line takes passengers to the iconic National Museum of Qatar and Souq Waqif’s bustling marketplace. It then ventures on to Aspire Zone, a large green area featuring parks, the Khalifa International Stadium, the 300m-tall The Torch Doha, Villaggio Mall and the new 3-2-1 Qatar Olympic and Sports Museum – displaying objects such as Muhammad Ali’s boxing gloves, Pelé’s World Cup winning football boots and Michael Schumacher’s title winning F1 car from 2000.

Finally, the green line stretches from the centre of Doha out to Education City, the country’s hub for learning and education, with university campuses, parks, the stunning Education City Mosque and the Qatar National Library. The line then extends out to the Ahmad Bin Ali Stadium and Mall of Qatar.

By tram…

Accompanying the Doha Metro is a series of tram services that operate in specific city districts. Both the Education City Tram and Msheireb Tram offer a convenient, free-of-charge service that circle around their respective areas.

Lusail Tram, which launched at the start of 2022, provides an extensive route around Lusail – Qatar’s sustainable city of the future and the heart of the FIFA World Cup Qatar 2022™. Sights include Lusail Stadium (which will host the tournament’s final) and Place Vendôme – a giant new luxury shopping mall with a central canal, dancing water fountains, and more than 500 high-end and mid-range stores. Ticket costs for the Lusail Tram are in line with Doha Metro’s at 2 QAR for a one-way trip (0.55 USD).

By bicycle…

Cycling in Qatar has never been easier, with new tracks constantly opening as the government increases the emphasis on healthy and active lifestyles.

Most notable of all the routes is the Olympic Cycling Track, which opened in 2020. At 33 kilometres, this track holds the Guinness World Record for the longest continuous cycle path in the world. Five bridges and nearly 30 underpasses facilitate non-stop riding.

Next, while the Lusail International Circuit usually plays host to F1 cars and MotoGP bikes, it also opens its five-kilometre track to cyclists, runners, walkers and skaters for three hours of free training every Wednesday evening. Bicycles can be hired at the track for a small fee.

For something a little less intense, cyclists can visit Al Bidda Park, which offers five kilometres of smooth riding surrounded by lush natural greenery. Another five-kilometre track lies in Aspire Zone Park, where special helmets are provided and a Learn to Ride initiative encourages children to hop onto two wheels.

For more cycling inspired activities in Qatar visit: https://www.visitqatar.qa/intl-en/things-to-do/get-inspired/cycling-in-qatar

By foot…

A walk around Doha’s Corniche and downtown area is arguably the best way for first-time visitors to see and soak up Qatari culture in a short time.

Starting at the Museum of Islamic Art (MIA), visitors should stroll around the large park outside the museum, to the nearly 25 metres high ‘7’ sculpture by the acclaimed American artist Richard Serra. His tallest ever creation, ‘7’ is made from seven steel plates in reference to the significance of the number in Islamic culture.

Nearby MIA Park is Doha Harbour along the corniche, featuring hundreds of dhows. Dhows are traditional wooden boats, and they were the backbone of Qatar’s economy when pearl diving was the country’s main industry.

After the corniche, it’s easy to spend a couple of hours immersed in the ambiance of the Souq Waqif, Qatar’s iconic traditional marketplace. Originally a weekend market for Bedouins, the souq underwent a complete restoration in the mid-noughties and offers a maze of narrow alleyways lined with small shops, cafes, and restaurants.

At the souq’s exit, a series of staircases and escalators take visitors up into Msheireb Downtown Doha, a walk that blends Qatar’s ancient heritage into its vibrant future. Msheireb is the world’s first sustainable downtown regeneration project and comprises more than 100 buildings housing art galleries, shops and cafes. Spread across the district are the Msheireb Museums, celebrating the history of Qatar’s heritage houses: Bin Jelmood House, Company House, Mohammed Bin Jassim House, and Radwani House.

-Ends-

For media-related inquiries, please contact Qatar Tourism’s Press Office on:

+974 7774 7863 | pressoffice@visitqatar.qa 

About Qatar: 

Qatar is a peninsula surrounded by the Arabian Gulf in the heart of the Middle East, with 80% of the earth’s population within a six-hour flight. Ranked the safest country in the world in 2022 by Numbeo, Qatar welcomes all travellers, and guests from over 95 countries can enter visa-free. Qatar has an incredible variety of easily accessible tourist attractions, a plethora of fauna and flora including Whale Sharks and the majestic national animal the Arabian Oryx, and most experiences are a unique combination of cultural authenticity and modernity. From iconic museums to high-rise restaurants, from thrilling desert adventures to world-famous events including none other than the FIFA World Cup Qatar 2022™, there is something for all types of travellers and budgets. Travellers set to transit through Qatar should turn one holiday into two with the world’s best value stopover packages, launched by Qatar Airways and Discover Qatar and supported by Qatar Tourism.

About Qatar Tourism: 

Qatar Tourism is the official government body responsible for the development and promotion of tourism in Qatar, facilitating the sector’s exponential growth. Qatar is a destination where people of the world come together to experience unique offerings in arts, culture, sports, and adventure, catering to family and business visitors, rooted in Service Excellence. Qatar Tourism seeks to boost the entire tourism value chain, grow local and international visitor demand, attract inward investment, and drive a multiplier effect across the domestic economy. The Qatar Tourism Strategy 2030 sets an ambitious target to attract over six million international visitors a year by 2030, making Qatar the fastest-growing destination in the Middle East.

Web: www.visitqatar.qa

Twitter: @VisitQatar

Instagram: @VisitQatar

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Verisk Appoints Lee M. Shavel as CEO, Mark V. Anquillare as President, Three New Independent Directors to Board of Directors

Lee M. Shavel Headshot

JERSEY CITY, N.J., May 25, 2022 (GLOBE NEWSWIRE) — Verisk (Nasdaq: VRSK), a leading global data analytics provider, today announced the appointment of Lee M. Shavel to CEO and Mark V. Anquillare to President following the company’s annual shareholder meeting. Shavel was also elected to the Verisk Board of Directors. At this time, three new independent directors, nominated by the company, were elected to the company’s Board of Directors: Jeffrey Dailey, Wendy Lane and Kimberly S. Stevenson.

“Verisk has a profound opportunity to help the insurance industry evolve in a new digital environment, integrate and activate rapidly growing data sets and achieve new levels of efficiency. With our industry knowledge, technical expertise and established client relationships, we are uniquely positioned to address their needs as an essential technology partner,” Shavel said. “I’m humbled to assume the role of Verisk CEO, and I will be focused on value creation for our customers, colleagues and shareholders. This is a great responsibility and one I truly cherish.”

Mark V. Anquillare Headshot

Most recently, Shavel served as CFO and group president for Verisk. Anquillare served as COO and group president. Shavel and Anquillare have been architects and drivers of Verisk’s growth, increased efficiency and an innovation agenda that has helped the insurance industry successfully turn data into actionable insights and accelerate its digital transformation.

“With a sharpened focus on serving the insurance industry, we’ve optimized our path toward continued growth and enhanced value creation,” Anquillare said. “At such a pivotal moment for the industry, Verisk is poised to empower new opportunities for our customers and colleagues around the globe.”

Shavel’s replacement as CFO will be named at a later date.

Biographies for Lee M. Shavel, Mark V. Anquillare, Jeffrey Dailey, Wendy Lane and Kimberly S. Stevenson can be found here.

About Verisk
Verisk (Nasdaq: VRSK) provides data-driven analytic insights and solutions for the insurance and energy industries. Through advanced data analytics, software, scientific research and deep industry knowledge, Verisk empowers customers to strengthen operating efficiency, improve underwriting and claims outcomes, combat fraud and make informed decisions about global issues, including climate change and extreme events as well as political and ESG topics. With offices in more than 30 countries, Verisk consistently earns certification by Great Place to Work and fosters an inclusive culture where all team members feel they belong. For more, visit Verisk.com and the Verisk Newsroom.

Attachments

Investor Relations
Stacey Brodbar
Head of Investor Relations
Verisk
201-469-4327
stacey.brodbar@verisk.com

Media
Alberto Canal
Verisk
201-469-2618
alberto.canal@verisk.com
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