Latest news with #Safavi
Business Wire
17-07-2025
- Business
- Business Wire
COVU Continues Rapid Growth with Sixth Acquisition: Mitchell Insurance Agency Joins the Platform
SAN FRANCISCO--(BUSINESS WIRE)--COVU, Inc., the leader in AI-native customer servicing for the insurance industry, today announced the acquisition of Mitchell Insurance Agency, a respected family-owned business with deep roots in the California market and long-standing relationships with both commercial and personal lines clients. As COVU's sixth acquisition in its Rolling Thunder campaign, Mitchell represents a meaningful step forward in the company's strategy to enhance its AI-native platform through strategic partnerships with high-quality agencies —delivering more scale, reach, and flexibility for agency owners across the state. 'Mitchell is exactly the kind of partner that strengthens our platform,' said Ali Safavi, CEO of COVU. 'They've built a strong, loyal customer base and trusted carrier relationships over many years. We're not here to change that—we're here to support and elevate it, using the tools and infrastructure we've designed to help agencies thrive in the future.' Commercial and Personal Lines Strength at Scale Founded in Roseville, CA, Mitchell Insurance Agency is known for its highly personalized service, experienced staff, and long-standing partnerships with key carriers like Mercury and Safeco. With a healthy mix of personal and commercial lines clients and strong revenue retention (113%), Mitchell brings both scale and stability to COVU's expanding California presence. Mitchell's history of consistent revenue and customer loyalty makes it an ideal fit for integration into COVU's remote-first, AI-supported model—where operations become more efficient without compromising the high-touch experience customers expect. A Platform That Grows with You—or After You As with all of COVU's recent acquisitions, this move reinforces the company's core mission: to enable agency partners to modernize and grow—or exit on their terms. COVU's platform supports both outcomes while preserving customer experience, staff opportunity, and carrier continuity. 'We've built a platform that respects what makes agencies great—relationships, reputation, and care,' Safavi added. 'With Mitchell, we're deepening our commitment to California and proving that AI-native doesn't mean agency-less—it means future-ready.' About COVU COVU is a transformative platform designed to revolutionize the insurance servicing industry through AI-native solutions combined with human support. The company is dedicated to enhancing customer experiences and operational efficiency for insurance agencies while providing flexible servicing models to meet the demands of modern consumers.
Cision Canada
04-07-2025
- Automotive
- Cision Canada
Mowilex models environmental leadership with new Cikande factory solar panels: for every 4 liters of Mowilex paint, 1 is now powered by the sun
With new solar panels at its Cikande factory, Mowilex has expanded its commitment to renewable energy, efficiency and the environment. The installation will lower the company's carbon footprint and cut grid electricity use by up to 25% per year. Mowilex earned its sixth consecutive CarbonNeutral® company certification in late 2024, and further supports Indonesia's clean energy goals with this solar project. JAKARTA, Indonesia, July 4, 2025 /CNW/ -- With the installation of solar panels at its Cikande factory, PT Mowilex Indonesia (Mowilex) is expanding its long-standing commitment to clean, renewable energy. Mowilex was Indonesia's first paint company to make major solar investments, demonstrating environmental leadership by first installing panels at its corporate headquarters in 2022. Over 500 solar modules now cover the roof of the main Cikande factory building. Another 252 solar modules were installed on car and motorcycle parking canopies. The system will reduce grid electricity use at the company's Cikande factory by approximately 500 kilowatt-hours (kWh) annually – and that means 1 of every 4 liters produced will be made with renewable energy. With the Cikande solar panels, Mowilex will lower its operational carbon footprint and cut non-renewable energy use by up to 25% per year. The company's new renewable energy project advances Indonesia's clean energy goals and comes just months after Mowilex earned its sixth consecutive CarbonNeutral® company certification. "We believe in taking real action to decarbonize. This solar installation at our Cikande factory goes beyond buying offsets, and it's more than a technological upgrade. It is a reflection of our core values. As a company rooted in environmental responsibility, this initiative brings us one step closer to a cleaner future for Indonesia," says Niko Safavi, CEO of PT Mowilex Indonesia. Through its investment in solar projects, Mowilex is actively reducing its dependence on brown energy. In contrast to brown energy, derived from fossil fuels and associated with high emissions and environmental harm, green energy represents a cleaner, renewable alternative. This strategic transition enables Mowilex to adopt a more stable, self-sufficient and environmentally responsible energy solution. The expanded use of solar also aligns with the environmental and ethical expectations of Indonesian consumers. Climate change worries 87% of Indonesians, says the global communications firm Edelman, and more than 90% of Indonesians think businesses don't do enough engagement around climate change issues. Another 90% expect CEOs to take a public stance on climate change. Mowilex embraces the opportunity to educate and deliver solutions to climate challenges through its products and practices. "We see consumers shifting their purchasing power toward brands that actively work to mitigate climate change. Mowilex is proud to meet those market expectations," says Safavi. "Solar is a reliable, independent power source that contributes to our energy security and supports Indonesia's renewable energy policies. By making this long-term investment, we hope to be a model for industry and for the greater public." PT Mowilex Indonesia (Mowilex), a subsidiary of Asia Coatings Enterprises, Pte. Ltd., is a leading producer of premium paints and coatings. Since launching the first Indonesian-made, water-based paints in 1970, the company has expanded its commitment to environmental ethics, equality, community and innovation. PT Mowilex is Indonesia's only certified carbon neutral manufacturer, producing zero and low VOC paints in modern colours, and the company regularly wins awards for its corporate social responsibility and sustainability efforts. Media contact: [email protected] Visit the Mowilex website for product and sustainability information.
Malaysian Reserve
04-07-2025
- Automotive
- Malaysian Reserve
Mowilex models environmental leadership with new Cikande factory solar panels: for every 4 liters of Mowilex paint, 1 is now powered by the sun
Key news highlights: With new solar panels at its Cikande factory, Mowilex has expanded its commitment to renewable energy, efficiency and the environment. The installation will lower the company's carbon footprint and cut grid electricity use by up to 25% per year. Mowilex earned its sixth consecutive CarbonNeutral® company certification in late 2024, and further supports Indonesia's clean energy goals with this solar project. JAKARTA, Indonesia, July 4, 2025 /PRNewswire/ — With the installation of solar panels at its Cikande factory, PT Mowilex Indonesia (Mowilex) is expanding its long-standing commitment to clean, renewable energy. Mowilex was Indonesia's first paint company to make major solar investments, demonstrating environmental leadership by first installing panels at its corporate headquarters in 2022. Over 500 solar modules now cover the roof of the main Cikande factory building. Another 252 solar modules were installed on car and motorcycle parking canopies. The system will reduce grid electricity use at the company's Cikande factory by approximately 500 kilowatt-hours (kWh) annually – and that means 1 of every 4 liters produced will be made with renewable energy. With the Cikande solar panels, Mowilex will lower its operational carbon footprint and cut non-renewable energy use by up to 25% per year. The company's new renewable energy project advances Indonesia's clean energy goals and comes just months after Mowilex earned its sixth consecutive CarbonNeutral® company certification. 'We believe in taking real action to decarbonize. This solar installation at our Cikande factory goes beyond buying offsets, and it's more than a technological upgrade. It is a reflection of our core values. As a company rooted in environmental responsibility, this initiative brings us one step closer to a cleaner future for Indonesia,' says Niko Safavi, CEO of PT Mowilex Indonesia. Through its investment in solar projects, Mowilex is actively reducing its dependence on brown energy. In contrast to brown energy, derived from fossil fuels and associated with high emissions and environmental harm, green energy represents a cleaner, renewable alternative. This strategic transition enables Mowilex to adopt a more stable, self-sufficient and environmentally responsible energy solution. The expanded use of solar also aligns with the environmental and ethical expectations of Indonesian consumers. Climate change worries 87% of Indonesians, says the global communications firm Edelman, and more than 90% of Indonesians think businesses don't do enough engagement around climate change issues. Another 90% expect CEOs to take a public stance on climate change. Mowilex embraces the opportunity to educate and deliver solutions to climate challenges through its products and practices. 'We see consumers shifting their purchasing power toward brands that actively work to mitigate climate change. Mowilex is proud to meet those market expectations,' says Safavi. 'Solar is a reliable, independent power source that contributes to our energy security and supports Indonesia's renewable energy policies. By making this long-term investment, we hope to be a model for industry and for the greater public.' Learn more about Mowilex sustainability programs and products at About PT Mowilex Indonesia PT Mowilex Indonesia (Mowilex), a subsidiary of Asia Coatings Enterprises, Pte. Ltd., is a leading producer of premium paints and coatings. Since launching the first Indonesian-made, water-based paints in 1970, the company has expanded its commitment to environmental ethics, equality, community and innovation. PT Mowilex is Indonesia's only certified carbon neutral manufacturer, producing zero and low VOC paints in modern colours, and the company regularly wins awards for its corporate social responsibility and sustainability efforts. Media contact: media@ Visit the Mowilex website for product and sustainability information.
Shafaq News
30-06-2025
- Politics
- Shafaq News
Tehran warns: Next round will exceed imagination
Shafaq News – Tehran On Monday, Yahya Rahim Safavi, senior adviser to Supreme Leader Ali Khamenei warned that any renewed "Israeli hostilities" would trigger unprecedented retaliation. Safavi predicted Israel's near collapse and emergence of a "new Middle East", asserting a new regional order is forming around the Axis of Resistance (a coalition of factions opposed to American and Israeli influence). He cautioned that another confrontation would bring 'serious danger' to US and Israeli assets. 'Israel will drown in the blood of the oppressed, and its demise, along with Netanyahu's, is near,' he warned. Safavi accused Israel and its allies of seeking a temporary ceasefire to regroup. 'We know their structures, forces, and interests in the region,' he added, claiming that 'thousands of missiles' are preprogrammed to strike their bases. He further stated that the IRGC's operational reach extends 'beyond the Middle East,' without elaborating on specific targets. 'If they launch a new round, Iran will respond with a phase beyond anything they can imagine,' Safavi said. On June 13, Israeli airstrikes hit targets in Iran, prompting Tehran to fire missiles at Tel Aviv, and the United States intervened on June 22 by striking Iranian nuclear sites. Iran retaliated with a missile barrage targeting Al Udeid Air Base in Qatar, which hosts US forces.
Shafaq News
30-06-2025
- Politics
- Shafaq News
Iran: Israel's collapse imminent
Shafaq News – Tehran On Monday, Yahya Rahim Safavi, senior adviser to Supreme Leader Ali Khamenei warned that any renewed "Israeli hostilities" would trigger unprecedented retaliation. Safavi predicted Israel's near collapse and emergence of a "new Middle East", asserting a new regional order is forming around the Axis of Resistance (a coalition of factions opposed to American and Israeli influence). He cautioned that another confrontation would bring 'serious danger' to US and Israeli assets. 'Israel will drown in the blood of the oppressed, and its demise, along with Netanyahu's, is near,' he warned. Safavi accused Israel and its allies of seeking a temporary ceasefire to regroup. 'We know their structures, forces, and interests in the region,' he added, claiming that 'thousands of missiles' are preprogrammed to strike their bases. He further stated that the IRGC's operational reach extends 'beyond the Middle East,' without elaborating on specific targets. 'If they launch a new round, Iran will respond with a phase beyond anything they can imagine,' Safavi said. On June 13, Israeli airstrikes hit targets in Iran, prompting Tehran to fire missiles at Tel Aviv, and the United States intervened on June 22 by striking Iranian nuclear sites. Iran retaliated with a missile barrage targeting Al Udeid Air Base in Qatar, which hosts US forces.
