Latest news with #KashifSyed
Time of India
4 days ago
- Health
- Time of India
City doctors crowdfund fee for IIT Delhi aspirant
1 2 Nagpur: A group of city doctors associated with Central India Doctors Association (CIDRA) have raised the initial course fee for an IIT Delhi aspirant from Nagpur. The candidate, who wishes to remain anonymous, secured a top AIR in the recently declared JEE results. However, his dream of pursuing a BTech from IIT Delhi faced a major roadblock as his debt-ridden father was unable to meet the financial requirements for the course. The boy had secured a 99.961 percentile in his first attempt in JEE Mains and 99.966 percentile in the second attempt last month. The brilliant student had scored 93% in his HSC board exams and 96% in his SSC, even as his family went through financial turmoil in the wake of the Covid lockdown. When CIDRA members learned about this, they initiated a crowd funding campaign to collect the entire course fee to ensure the boy doesn't drop out midway due to a shortage of funds. Approximately Rs5 lakh has been collected to cover the fee for the first two years and living expenses. Jamaat-e-Islami Hind has also offered financial support. Well-known cardiologist Dr Kashif Syed, founding member of CIDRA, said raising the funds was a challenge as the family refused to accept 'zakat' (charity) money. Hence, volunteers were advised to only share non-zakat funds, which they would use to meet their own expenses. Dr Syed said the boy approached them through his school director to seek financial assistance around two weeks ago, while the last date to pay the first instalment was July 21. "During the fundraising campaign, I came across a number of queries from different people, each wanting to be sure whether the family is actually 'poor' to qualify for our aid. While no doubt we should diligently disburse the aid to 'deserving' candidates alone, the definition of deserving should be broadened to include people who are neither too poor nor too rich," said physician Dr Meraj Shaikh, who is treasurer of CIDRA. Dr Shaikh added that the boy's father had borrowed heavily to infuse funds to revive his small business. "He was not in a position to pay the fee as all income was going into loan repayments. The father has agreed to take care of fees once his loans are closed in the next two years," he said. Dr Syed added that CIDRA has been facilitating funding for such meritorious students from the community. "A Kerala boy, who was working part-time to meet his expenses at a medical college here in Nagpur, was helped. CIDRA has assisted two more medical students in Nagpur," he said, adding that such initiatives will continue.
Yahoo
29-03-2025
- Business
- Yahoo
HDI Global Insurance taps Guidewire for policy administration
HDI Global Insurance Company (HGIC), the US unit of HDI Global, has chosen Guidewire PolicyCenter as its new policy administration and underwriting platform. The upgrade to PolicyCenter will be executed on Guidewire Cloud, starting with the general liability business line. Ernst & Young (EY US), a member of the Guidewire PartnerConnect Consulting Global Strategic programme, will spearhead the deployment. HGIC chief underwriting officer Marco Hensel said: 'We selected PolicyCenter on Guidewire Cloud because Guidewire has the modern, resilient, scalable and secure platform and market leadership, cloud and product maturity, and track record of successful implementation projects that we were looking for. PolicyCenter will impact our combined ratio over time through better, smarter underwriting, while reducing cost through increased efficiencies.' HGIC chief information and transformation officer Kashif Syed stated: 'Guidewire's advanced technology platform will empower HDI U.S. to streamline policy management processes, enabling us to deliver faster and more accurate services to our clients. With Guidewire handling system maintenance, we can stay current on their technology and shift our resources to tasks that will deliver value to our employees, brokers and policyholders.' In 2024, HDI Global generated insurance revenues of €10bn ($10.78bn), up 10% from a year ago. The company's operating profit for the year was €702m, an increase from €446m recorded in the previous year. Last month, Amerisure Insurance also deployed Guidewire PolicyCenter, along with BillingCenter, on Guidewire Cloud, with PwC serving as the lead partner in the implementation. "HDI Global Insurance taps Guidewire for policy administration " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
28-03-2025
- Business
- Yahoo
HDI Global Insurance taps Guidewire for policy administration
HDI Global Insurance Company (HGIC), the US unit of HDI Global, has chosen Guidewire PolicyCenter as its new policy administration and underwriting platform. The upgrade to PolicyCenter will be executed on Guidewire Cloud, starting with the general liability business line. Ernst & Young (EY US), a member of the Guidewire PartnerConnect Consulting Global Strategic programme, will spearhead the deployment. HGIC chief underwriting officer Marco Hensel said: 'We selected PolicyCenter on Guidewire Cloud because Guidewire has the modern, resilient, scalable and secure platform and market leadership, cloud and product maturity, and track record of successful implementation projects that we were looking for. PolicyCenter will impact our combined ratio over time through better, smarter underwriting, while reducing cost through increased efficiencies.' HGIC chief information and transformation officer Kashif Syed stated: 'Guidewire's advanced technology platform will empower HDI U.S. to streamline policy management processes, enabling us to deliver faster and more accurate services to our clients. With Guidewire handling system maintenance, we can stay current on their technology and shift our resources to tasks that will deliver value to our employees, brokers and policyholders.' In 2024, HDI Global generated insurance revenues of €10bn ($10.78bn), up 10% from a year ago. The company's operating profit for the year was €702m, an increase from €446m recorded in the previous year. Last month, Amerisure Insurance also deployed Guidewire PolicyCenter, along with BillingCenter, on Guidewire Cloud, with PwC serving as the lead partner in the implementation. "HDI Global Insurance taps Guidewire for policy administration " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
27-03-2025
- Business
- Yahoo
HDI Global Insurance Company Selects Guidewire for Policy Administration and Underwriting
Corporate & Specialty insurer, HDI Global selects Guidewire PolicyCenter on Guidewire Cloud to enhance operational efficiency, improve customer experience, facilitate scalability, and leverage data-driven insights CHICAGO & SAN MATEO, Calif., March 27, 2025--(BUSINESS WIRE)--HDI Global Insurance Company (HGIC), the U.S. subsidiary of international Corporate & Specialty insurer, HDI Global SE (HDI), and Guidewire (NYSE: GWRE) announced that HGIC selected Guidewire PolicyCenter as its new system for policy administration and underwriting. The company will implement PolicyCenter on Guidewire Cloud by line of business, beginning with general liability. HGIC selected Guidewire PartnerConnect Consulting Global Strategic member Ernst & Young LLP (EY US) to lead the implementation project. "We selected PolicyCenter on Guidewire Cloud because Guidewire has the modern, resilient, scalable, and secure platform and market leadership, cloud and product maturity, and track record of successful implementation projects that we were looking for," said HGIC Chief Underwriting Officer Marco Hensel. "PolicyCenter will impact our combined ratio over time through better, smarter underwriting, while reducing cost through increased efficiencies." HGIC Chief Information and Transformation Officer (CITO) Kashif Syed added, "HDI is committed to innovation and excellence in the insurance sector. Our partnership with Guidewire aligns with our strategic vision to be a leader in the insurance market through innovative solutions and act as our clients preferred Partner in Transformation. As the industry continues to evolve, leveraging cutting-edge technology is essential for maintaining a competitive edge. Guidewire's advanced technology platform will empower HDI U.S. to streamline policy management processes, enabling us to deliver faster and more accurate services to our clients. With Guidewire handling system maintenance, we can stay current on their technology and shift our resources to tasks that will deliver value to our employees, brokers, and policyholders." "We are honored that HDI and Guidewire have entrusted us with implementing PolicyCenter on Guidewire Cloud," said Ernst & Young LLP Technology Consulting Partner Vandana Sule. "We look forward to supporting both companies as HDI begins its cloud journey." "We thank HDI for its confidence in Guidewire and our cloud platform," commented Guidewire Chief Commercial Officer David Laker. "We are pleased to work with HDI to help it continue serving as a partner to its brokers and policyholders with innovative and proven solutions; to create real value and to maintain it." About HDI Global SE (HDI) Corporate & Specialty Insurer HDI Global SE (HDI) meets the needs of SMEs, larger companies, middle market and corporate clients with insurance solutions that are specifically tailored to their requirements. In addition to HDI's prominent position in the German and broader European market, the company has access to its own worldwide HDI Global Network covering more than 175 countries through its own HDI foreign branch offices, subsidiaries, affiliated companies, and network partners. In the United States, HDI operates through its three (3) wholly owned subsidiaries, HDI Global Insurance Company, a commercial property and casualty insurer headquartered in Chicago, IL and licensed in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands, HDI Global Select Insurance Company, a commercial property and casualty insurer licensed in Washington D.C., and in all US states, and HDI Specialty Insurance Company, an Illinois domestic surplus lines insurer which provides both primary and excess coverage to specialized industries and is also authorized to write business nationwide. Acting as the Partner in Transformation, HDI Global SE leads more than 5,100 International Programs and offers its multinational client's compliant coverage worldwide. HDI Global SE is the Corporate & Specialty Division of the Talanx Group and has been a leading insurer for several decades. Approximately 5,000 employees in this division generated insurance revenue (gross) of approx. EUR 9.1 billion in the year 2023 (according to IFRS 17). The rating agency Standard & Poor's has given the Talanx Primary Group a financial strength rating of AA-/stable (very strong), and AM Best has assigned the A+ Rating. Talanx AG is listed on the Frankfurt Stock Exchange in the more information, please visit About Guidewire Software Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 42 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers. We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry's largest R&D team and SI partner ecosystem. Our marketplace represents the largest solution partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation. For more information, please visit and follow us on X (formerly known as Twitter) and LinkedIn. NOTE: For information about Guidewire's trademarks, visit View source version on Contacts Albert LinPublic Relations ManagerGuidewire Software, Inc.+1.415.205.4214allin@ George ContoravdisBusiness Development ManagerHDI Global Insurance Dr Frederic StrohmMedia Relations, HDI Global and Talanx Group+49 511 3747
