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transcosmos establishes Metaverse Promotion Division, a company designed for selling metaverse utilization amongst enterprises

transcosmos establishes Metaverse Promotion Division, a company designed for selling metaverse utilization amongst enterprises
transcosmos establishes Metaverse Promotion Division, a company designed for selling metaverse utilization amongst enterprises

Service framework

transcosmos not solely presents a web-based metaverse platform, but in addition one-stop providers for utilizing numerous metaverse options from planning and session, deciding on and creating platforms, drawing clients to the metaverse, supporting communication, to using information.

transcosmos inc. hereby proclaims that the corporate has established Metaverse Promotion Division, a company particularly designed for selling using metaverse amongst enterprises. Including providers for the metaverse discipline to the TCI-DX Service portfolio that the corporate has been pushing, the staff will supply TCI-DX Service for Metaverse.

1. Background and objective of building the brand new division

In line with analysis by the Ministry of Inside Affairs and Communications, the worldwide metaverse market is anticipated to achieve about 79 trillion yen by 2030 (*1). It will trigger a dramatic change in each individuals’s lives and enterprise practices, creating a brand new manner of communication. As companies and native governments proceed to speed up their metaverse initiatives, it’s important to design a brand new manner of communication utilizing the metaverse for numerous events. Towards this backdrop, transcosmos, led by the brand new Metaverse Promotion Division, will supply an intensive vary of providers in partnership with inside and exterior companions who’re well-versed within the metaverse.

2. TCI-DX Service for Metaverse Overview

Deciding particular metaverse-powered initiatives and a platform to implement them are key components for companies and native governments to make use of the metaverse efficiently. To assist them make the most of the metaverse, transcosmos not solely presents a web-based metaverse platform, but in addition one-stop providers for utilizing numerous metaverse options from planning and session, deciding on and creating platforms, drawing clients to the metaverse, supporting communication, to using information.

■ Service framework (for illustration functions solely)

3. Background and objective for signing a enterprise partnership with GCT JAPAN to increase gross sales

GCT JAPAN Co., Ltd. (Headquarters: Tokyo, Japan; Founder and CEO: Hiroshi Okagawa; GCT JAPAN) presents resolution providers for companies to enter the Web3 and metaverse fields. Within the metaverse space, GCT JAPAN helps Metaverse Japan Inc. develop providers by taking a stake within the firm that operates Digital Tokyo Tower (*2). GCT JAPAN additionally engages in creating metaverse options in collaboration with different companions. transcosmos has been selling digital transformation (DX) for a various vary of purchasers, accumulating information in buyer communication that takes place at each buyer touchpoint. Via this enterprise partnership with GCT JAPAN for the metaverse providers, transcosmos will mix its information with GCT JAPAN’s strengths in enterprise growth and consulting targeted on the metaverse and blockchain applied sciences, thereby approaching metaverse providers from each technical and enterprise points.

4. About GCT JAPAN Co., Ltd.

Firm Title: GCT JAPAN Co., Ltd.

Consultant: Hiroshi Okagawa

Headquarters: 14th Flooring, Imperial Lodge Tower, 1-1-1, Uchisaiwaicho, Chiyoda-ku, Tokyo 100-0011, Japan

Enterprise: Service growth and operations utilizing blockchain and metaverse applied sciences.

    Consulting providers for Web3 enterprise growth

URL: https://gct-japan.jp/

5. Feedback from the businesses

Hiroshi Okagawa, Founder and CEO, GCT JAPAN Co., Ltd.

GCT JAPAN has been creating enterprise metaverse options from a enterprise growth perspective. Via this new enterprise partnership with transcosmos, an organization which has a variety of purchasers from corporations to native governments, we will now develop and supply built-in metaverse options. We are going to proceed our effort in rising enterprise within the metaverse and Web3 fields.

Masaaki Muta, Consultant Director, Co-president, transcosmos inc.

transcosmos has been engaged on providing higher buyer expertise (CX) and growing buyer loyalty for corporations and native governments based mostly on the TCI-DX Service within the buyer communication discipline. We consider that the metaverse will turn into a brand new communication channel. Our survey that was performed final 12 months confirmed that one out of 4 individuals have already used the metaverse. Primarily based on this consequence, we consider the metaverse will turn into extra extensively used going ahead. Via this partnership with GCT JAPAN, an organization which has confirmed information within the metaverse and Web3 areas, we’ll drive our providers within the metaverse space, and finally assist purchasers develop their companies in all communication channels.

With the facility of the metaverse, transcosmos and GCT JAPAN will remedy challenges that corporations and society face, and can serve in making a society that generates new values that merge digital and actual worlds in a extremely subtle manner.

*Supply: The Ministry of Inside Affairs and Communications Overview of the 2022 White Paper on Info and Communications in Japan: https://www.soumu.go.jp/johotsusintokei/whitepaper/eng/WP2022_outline.pdf

*2 About Digital Tokyo Tower (no translation out there): https://virtual-tokyotower.com/

Metaverse Utilization Status_Consumer Metaverse Survey 2022 (no translation out there): https://www.transcosmos-cotra.jp/report/usage-status-of-metaverse1

*transcosmos is a trademark or registered trademark of transcosmos inc. in Japan and different nations.

*Different firm names and services or products names used listed here are logos or registered logos of respective corporations.

About transcosmos inc.

transcosmos launched its operations in 1966. Since then, we’ve mixed superior “individuals” with up-to-date “expertise” to reinforce the aggressive energy of our purchasers by offering them with superior and worthwhile providers. transcosmos at present presents providers that help purchasers’ enterprise processes specializing in each gross sales enlargement and price optimization by way of our 172 bases throughout 28 nations/areas with a concentrate on Asia, whereas constantly pursuing Operational Excellence. Moreover, following the enlargement of e-commerce market on the worldwide scale, transcosmos offers a complete One-Cease World E-Commerce Companies to ship our purchasers’ wonderful services to shoppers in 46 nations/areas across the globe. transcosmos goals to be the “World Digital Transformation Accomplice” of our purchasers, supporting the purchasers’ transformation by leveraging digital expertise, responding to the ever-changing enterprise surroundings. Go to us right here https://www.trans-cosmos.co.jp/english/

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Castlelake Establishes Reinsurer to Present Insurance coverage Financing Options to Plane Asset Consumers

Castlelake Establishes Reinsurer to Present Insurance coverage Financing Options to Plane Asset Consumers

MINNEAPOLIS, Jan. 16, 2023 /PRNewswire/ — Castlelake, L.P. (“Castlelake”), a worldwide various funding supervisor specializing in asset-backed non-public credit score with 17 years of expertise investing in, financing and managing aviation property, right this moment introduced the creation of a Bermuda-licensed reinsurance firm, Itasca Re Restricted (“Itasca Re”), to supply insurance coverage financing options to consumers and homeowners of business plane property.

Castlelake Establishes Reinsurer to Present Insurance coverage Financing Options to Plane Asset Consumers

www.castlelake.com (PRNewsfoto/Castlelake)

The options provided by Itasca Re are designed to try to allow aggressive financing charges for plane asset consumers by transferring the non-payment threat historically held by financiers to 3rd events through an insurance coverage coverage issued by Starr Insurance coverage Corporations that’s reinsured by Itasca Re and different potential third-party reinsurers pursuant to a devoted reinsurance settlement.

Itasca Re might be led by skilled aviation trade veteran Kostya Zolotusky, who most lately led the Built-in Finance Linked Insurance coverage (IFLI) division of Piiq Threat Companions Ltd. (“Piiq”), an insurance coverage dealer targeted on the aviation sector related to The Ardonagh Group, the biggest unbiased insurance coverage dealer within the United Kingdom. Piiq will present unique brokerage providers to Starr and Itasca Re.

“Itasca Re is the newest step Castlelake has taken to strategically innovate and develop the financing options it could actually supply,” stated Joe McConnell, Associate and Deputy Co-chief Funding Officer at Castlelake. “Itasca Re brings reinsurance help for artistic, customizable and cost-efficient insurance-backed merchandise to our airline companions and different consumers and homeowners of business plane property at what we see as a time of excessive want.”

Armin Rothauser, Associate, Asset-backed Direct Lending at Castlelake, added: “With the expertise and experience of the Itasca Re workforce and partnerships with established market individuals, we imagine Itasca Re will shortly turn into a go-to answer supplier for world airways and the broader aviation market.”

Itasca Re is predicted to offer a broad spectrum of insurance-backed threat options within the aviation finance sector, together with servicing airways and working lessors in search of to buy or refinance new or classic plane property in addition to financiers in search of various syndication or de-risking choices for his or her mortgage portfolios. Itasca Re’s devoted concentrate on plane secured financing and its workforce’s expertise is predicted to allow extra nuanced asset-secured insurance coverage financing options than what has been out there within the present insurance coverage market.

Castlelake has been a strategic companion and energetic capital supplier to aviation asset homeowners and lessees since its inception, having invested over $17 billion in aviation alternatives, acquired greater than 650 plane and developed relationships with roughly 200 airways.

About Castlelake

Castlelake, L.P. is a worldwide various funding supervisor targeted on investments in actual property, specialty finance and aviation throughout the danger spectrum, from value-oriented to earnings and funding grade credit score. Based in 2005, Castlelake manages roughly $20 billion of property. The Castlelake workforce contains greater than 250 skilled professionals, together with 95 funding professionals, throughout six places of work in North America, Europe and Asia. For extra data, please go to https://www.castlelake.com/.

About Starr Insurance coverage Corporations

Starr Insurance coverage Corporations (or Starr) is a advertising identify for the working insurance coverage and journey help firms and subsidiaries of Starr Worldwide Firm, Inc. and for the funding enterprise of C. V. Starr & Co., Inc. and its subsidiaries. Starr is a number one insurance coverage and funding group with a presence on six continents; by its working insurance coverage firms, Starr gives property, casualty, and accident and medical insurance merchandise in addition to a variety of specialty coverages together with aviation, marine, vitality and extra casualty insurance coverage. Starr’s insurance coverage firm subsidiaries domiciled within the U.S., Bermuda, China, Hong Kong, Malta, Singapore, Switzerland and U.Okay. every have an A.M. Greatest score of “A” (Wonderful). Starr’s Lloyd’s syndicate has a Commonplace & Poor’s score of “A+” (Robust).

Media contact:

Castlelake Media Relations 
Molly Blemker 
+1 612 851 3083 
[email protected]

Prosek Companions for Castlelake 
Josh Clarkson / Remy Marin  
[email protected]   
+1 212 279 3115

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SOURCE Castlelake