logo
BELFOR Highlights Digital Transformation in Damage Assessment at Asia Claims Convention 2025 in Osaka

BELFOR Highlights Digital Transformation in Damage Assessment at Asia Claims Convention 2025 in Osaka

Business Wire03-06-2025
OSAKA, Japan--(BUSINESS WIRE)--BELFOR, the world's leading provider of disaster recovery and property restoration services, recently participated in the Asia Claims Convention 2025, held from in Osaka, Japan. The event brought together 231 attendees representing 103 companies from across the insurance, risk management and restoration industries.
At the heart of BELFOR's contribution was a compelling presentation by Mr. Guido Gavio, Asia Complex Loss Director, titled 'How Digital Transformation Is Reshaping Damage Assessment,' delivered on 14 May. The session explored how BELFOR is leveraging innovative digital tools to enhance the speed, accuracy, and transparency of post-disaster assessments—capabilities that are increasingly vital in the face of climate-driven wide-area disasters.
'Digital transformation is no longer optional—it's imperative,' said Mr. Gavio. 'By combining emerging technologies with decades of on-the-ground experience, BELFOR is redefining how disaster recovery is conducted, with improved consistency, safety, and the ability to scale training for the next generation of restoration professionals.'
Mr. Gavio's session received strong interest and engagement from the audience, many of whom are actively seeking practical solutions to improve disaster response and claims processing in increasingly complex environments.
BELFOR's participation at the Asia Claims Convention 2025 underscores its ongoing commitment to innovation, collaboration and excellence in restoration service across Asia and globally.
About BELFOR
BELFOR is the world's largest disaster recovery and property restoration company, operating in over 23 countries with more than 550 offices worldwide. With nearly 80 years of experience, BELFOR responds to fire, water, storm, and environmental damage emergencies with unmatched expertise. Its team of over 14,000 professionals completes more than 350,000 restoration jobs annually—helping businesses and communities recover stronger and faster.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Smart Reads of the Week: STI Breaks 4000, Retail REITs Yield Over 5.5%, and Top Blue-Chip Performers
Smart Reads of the Week: STI Breaks 4000, Retail REITs Yield Over 5.5%, and Top Blue-Chip Performers

Yahoo

time41 minutes ago

  • Yahoo

Smart Reads of the Week: STI Breaks 4000, Retail REITs Yield Over 5.5%, and Top Blue-Chip Performers

This week, the Straits Times Index (STI) reached a historic high above 4,000. We explore whether the momentum can continue and what it means for Singapore's equity market. At the same time, five retail REITs are offering yields of 5.5% or more—attractive options for income-focused investors. We also review the best-performing blue-chip stocks of the first half of 2025 and highlight four lesser-known local companies delivering higher profits. On the retirement front, four dividend-paying blue-chip stocks stand out as stable income generators. While banks have dominated headlines, several other Singapore stocks have quietly rallied. Meanwhile, in the US, four technology stocks make the cut for growth-focused portfolios. And in IPO news, NTT is preparing to launch its data centre REIT with a projected dividend yield of 7.5%. Here are this week's top articles: 5 Singapore Retail REITs Sporting Dividend Yields of 5.5% or HigherRetail-focused REITs are offering attractive yields in the current market—these five stand out for their strong income profiles. The Straits Times Index Hit an All-Time High Above 4000: Can This Momentum Continue?We examine the STI's recent breakout and what it means for investors looking ahead. 5 Best-Performing Singapore Blue-Chip Stocks for the First Half of 2025These blue-chip names led the pack in H1 2025—are they worth holding into the second half? 4 US Technology Stocks Perfect for a Growth Investor's PortfolioFrom AI to semiconductors, these US tech plays are driving innovation and long-term upside. While You Watched the Banks, These Singapore Stocks Took OffBeyond financials, we spotlight companies quietly outperforming with strong gains. Looking for Retirement Income? 4 Dividend-Paying Singapore Blue-Chip Stocks That Fit the BillSeeking stability and payouts? These blue-chip stocks offer reliable income for retirement planning. 4 Under-the-Radar Singapore Stocks Reporting Higher Profits Lesser-known names delivering bottom-line growth could offer overlooked opportunities. NTT is Launching its Data Centre REIT IPO with a Dividend Yield of 7.5%: Here's What Investors Need to KnowNTT's upcoming REIT IPO could appeal to investors seeking income from the data infrastructure boom. Invest smarter in 5 minutes a day with Smart Reads. It's the weekly newsletter trusted by investors, professionals, business owners, and CEOs and for those who want sharp, timely insights without the overwhelm. 100% free. Click HERE to sign up now! Follow us on Facebook, Instagram and Telegram for the latest investing news and analyses! The post Smart Reads of the Week: STI Breaks 4000, Retail REITs Yield Over 5.5%, and Top Blue-Chip Performers appeared first on The Smart Investor.

South Korea cut a deal with Trump. It didn't matter.
South Korea cut a deal with Trump. It didn't matter.

Yahoo

timean hour ago

  • Yahoo

South Korea cut a deal with Trump. It didn't matter.

In 2018, South Korea handed President Donald Trump the first trade victory of his administration. Under the agreement, new South Korean steel export restrictions were put in place and more U.S. automakers could export their cars to South Korea. The president hailed it as "a historic milestone," a "great deal for American and Korean workers" and a "fair and reciprocal" deal. That was probably overselling what amounted to a modest rewrite of a pre-existing trade agreement, but South Korea was happy to play along if it meant buying peace and quiet. When Trump took office in January, South Korea seemed well-positioned to weather the looming tariffs the president was eager to implement. But it was not to be. Earlier this week, Trump announced he would impose a 25% tariff on South Korean exports starting Aug. 1, unless its government agreed to even more concessions. The new threat sent a message that resonated far beyond Seoul: Trump can't be trusted. Foreign leaders have already noticed that nobody is safe from the mercurial temperament of the U.S. president and his endless appetite for tariffs and and a light-switch approach to flipping them on and off. So far in his second term, Trump has broken more trade deals than forged new ones, and the goalposts are constantly moving. The president inked a sweeping deal with Canada and Mexico in his first term, then turned around and launched another trade war earlier this year. The behavior might earn the 'dealmaker-in-chief' a new nickname: the 'dealbreaker-in-chief.' On Monday, Trump blasted out letters to over a dozen trade partners threatening to reimpose tariffs on Aug. 1 if they didn't cut new trade agreements. South Korea was among the countries put on notice for a 25% tariff, and more are being posted on social media through the week. 'We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the World, by far,' Trump said in the letter addressed to South Korean President Lee Jae-myung. Notably, the president left wiggle room to adjust the tariffs up or down based on his feelings about the outcome of the negotiations. It was a far cry from the trade agreement with South Korea in 2007, the U.S.'s first bilateral trade pact with a major Asian power, negotiated over 10 months under the second Bush administration in an environment where free trade was ascendant in both parties. It went into force five years later. While Washington viewed that deal as key to its approach to the Pacific, the current fight is just one of dozens that Trump has started in recent weeks on large and small nations alike. South Korean officials are working hard to come up with an agreement that would please Trump, but progress has stalled as there's little clarity on what he even wants as the endgame. 'We are doing our best to bring about a result mutually beneficial to both sides, but we have been unable to establish what each side exactly wanted from the other side,' Lee said last week. While past presidents viewed South Korea as a valuable military ally against North Korea, an isolated totalitarian state that occasionally makes threats against the U.S., Trump sees it as a freeloader taking advantage of incompetent American leadership. In his first term he referred to the updated 2012 trade agreement with South Korea as "a horrible deal" and "a Hillary Clinton disaster" that was a "one-way street." South Korea will probably have to accept the fact that Trump's idea of a good trade deal is a one-way street in his favor. The Trump administration touted a new accord with Vietnam last week that kept a 20% tariff on Vietnamese imports while clearing the way for U.S. exports to Vietnam to face no import taxes. Stephen Miran, a Trump economic adviser, praised it as an 'extremely one-sided' deal. But that doesn't mean it's a good deal for the U.S. exactly. After all, it's U.S. companies that will be forced to pay those tariffs. For smaller businesses that have long worked with Vietnamese counterparts to, say, build the furniture that they sell, the trade deal locks in higher prices for the near future and years of hassle as they try to reorient their supply chains. Trump has brought back mercantilism, the outdated economic theory that a nation's wealth and power were measured by exporting more than it imported. The U.S. and other world powers largely moved away from that model and toward more and more free trade after the Great Depression and World War II, when they realized that trade barriers hurt more than they helped. Anti-tax conservative activist Grover Norquist summed it up in a discussion of tariffs at an April event with journalist Steve Clemons. 'In trade wars, all the casualties are friendly,' he said. 'Everybody doesn't shoot across World War I trenches at other guys. They shoot down the trench at their own team.' This article was originally published on

‘Football has been lost to Saudi Arabia' – former FIFA president Sepp Blatter
‘Football has been lost to Saudi Arabia' – former FIFA president Sepp Blatter

New York Times

time4 hours ago

  • New York Times

‘Football has been lost to Saudi Arabia' – former FIFA president Sepp Blatter

Former FIFA president Sepp Blatter has said football has been 'lost' to Saudi Arabia and criticised his former employer's role in offering 'no opposition' to the Middle East nation. In December, Saudi was confirmed as the host nation of the 2034 men's World Cup following an unopposed bid for the tournament. Advertisement Saudi Arabia has invested significantly in football in recent years, most notably in 2023 as its Public Investment Fund (PIF) took control of four domestic teams — Al Ahli, Al Hilal, Al Ittihad and Al Nassr — in the Saudi Pro League (SPL), a year after PIF bought an 85 per cent stake in Premier League club Newcastle United. FIFA's $1 billion broadcast deal for the newly-expanded Club World Cup with DAZN — now part-owned by PIF's sports arm SURJ — is another element of the Middle Eastern nation's dominant position in the sport. Other Saudi brands, meanwhile, have been promoted across recent club and international showpieces including Aramco, Riyadh Air and Visit Saudi. 'We have lost football to Saudi Arabia,' Blatter told German TV channel ntv. 'We offered it, and they took it. 'Surprisingly, there is no opposition to this within FIFA.' Blatter also spoke about his concerns about FIFA's newly-expanded Club World Cup, with the new-look, 32-team tournament held in the U.S. this summer. 'There's too much football,' Blatter said about the tournament. 'The same players and clubs are repeatedly affected, without adequate rest.' Blatter also said the extreme heat, which has been a backdrop throughout the summer tournament, is 'unhealthy and impertinent'. The players union, FIFPRO, is among the critics who have called on FIFA to reconsider selecting kickoff times for matches around the middle of the afternoon, to avoid the highest temperatures. Those slots, however, have been considered more attractive for broadcast audiences in Europe and Asia, though FIFA says it is looking at using covered stadiums for the warmest times. The 89-year-old Swiss was also critical of the leadership of his successor as FIFA president Gianni Infantino. 'Everything is done electronically, and nobody says anything,' said Blatter. 'You can even arrive six hours late to a congress.' In May, FIFA's Congress in Paraguay was delayed because Infantino had not arrived on time for the scheduled start time in Asuncion, having decided to join the U.S. president Donald Trump for a visit to Saudi Arabia and Qatar. A meeting of the FIFA Council earlier in the week also had to be altered to a virtual meeting. Advertisement Blatter became FIFA president in 1998. His reign as the most powerful figure in football was not without its own controversies, with several corruption scandals hitting FIFA and the awarding of the 2018 and 2022 men's World Cups to Russia and Qatar respectively attracting widespread criticism. Blatter said in 2022 that awarding that year's tournament to Qatar 12 years earlier had been 'a mistake'. In March this year, Blatter and former UEFA president Michel Platini were cleared of financial wrongdoing by an appeals court in Switzerland. In December 2015, Blatter and Platini were banned from football for eight years (later reduced to six on appeal) by FIFA after an investigation by its ethics committee. FIFA, and the Swiss authorities, alleged that a two million Swiss francs payment was to ensure Platini helped deliver the requisite votes to ensure Blatter was re-elected as FIFA president in 2011. Blatter and Platini have always denied wrongdoing and said the payment was a fee paid to the former for work he did as an advisor from 1998 to 2002, which was delayed as FIFA lacked the funds to pay him in full at the time. (Top image of FIFA president Gianni Infantino: Harold Cunningham – FIFA/FIFA via Getty Images)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store