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LG Drives Business Growth, Market Transormation At Hvac Dual Channel Leadership Summit

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Collaboration with LG’s HVAC Network – Rooted in Business Insights, New Products and Energy-Efficient Solutions – Key to Doubling Revenues by 2030

PHOENIX, Oct. 17, 2024 /PRNewswire-PRWeb/ — Supporting LG Electronics’ global business-to-business (B2B) expansion, the company aims to double its U.S. HVAC product sales by 2030, executives announced at LG Air Conditioning Technologies USA’s 2024 Dual Channel Leadership Summit.

“As we actively expand our B2B business in the United States, we intend to more than double our HVAC product sales by 2030,” said Chris Jung, President and CEO of LG Electronics North America.

The two-day summit, which brought together leaders from LG’s distribution customers and applied representatives, cultivated a collaborative environment supporting LG’s substantial B2B growth strategies. Attendees had the opportunity to connect with LG executives and gain insights into products, processes, the upcoming refrigerant transition, marketing initiatives, and more.

“As we actively expand our B2B business in the United States, we intend to more than double our HVAC product sales by 2030,” said Chris Jung, President and CEO of LG Electronics North America, who highlighted LG’s innovations and aggressive B2B acceleration with HVAC being a primary growth driver worldwide.

“Smart HVAC solutions are in demand due to rising commercial construction, energy-saving regulations, electrification and decarbonization, as well as Inflation Reduction Act rebates and incentives,” he added.

Thanking the applied reps and distributors for their partnership in transforming the industry, Jung said, “We will never stop innovating and investing in solutions that help grow your business and will continue to build on the foundations of innovation and collaboration and collectively push the boundaries of what’s possible in the HVAC industry.”

Jung said LG aims to strengthen its U.S. air solutions business through strategic partnerships, fostering a deeper understanding of the importance of HVAC, especially as the electrification movement continues to expand. A significant LG focus is the company’s extensive range of HVAC solutions, particularly its hydronic and heat pump products.

Heat pumps are a crucial element in the United States’ pursuit of achieving electrification goals by 2030, with some states aiming to have 65 percent of all new residential HVAC and hot water heating systems consist of heat pumps by the end of the decade. The U.S. heat pump market, valued at $13.6 billion in 2023, is projected to grow at over 8.9 percent CAGR from 2024 to 2032.

Underscoring its commitment to electrification and decarbonization, LG invited Panama Bartholomy, Head of the Building Decarbonization Coalition (BDC) as the summit’s keynote speaker on “The Path to a Decarbonized Future.” Bartholomy spoke about emerging laws and regulations related to building emissions, the trajectory for the decarbonization movement and the opportunity the changes bring for the HVAC industry.

Senior Vice President and General Manager for LG Air Conditioning Technologies USA Steve Scarbrough said, “LG is dedicated to delivering energy-efficient, environmentally-conscious solutions that contribute to sustainability and climate goals for our professionals, their customers and the U.S. The Dual Channel Leadership Summit provides us with a platform to not only talk through our product innovations, but the many ways in which we are providing associates solutions that help them grow their businesses today and into the future.”

For example, Scarbrough explained that, as a leading advocate of the electrification movement, LG offers a broad portfolio of HVAC solutions that enhance energy efficiency, contribute to environmental stewardship, and support the industry’s transition towards a greener future.

LG Electronics’ global acceleration of B2B operations as a central component of its overall business portfolio innovation strategy. By 2030, the company expects that its B2B areas will account for 45 percent of total sales versus 35 percent today. Beyond air solutions, LG Electronics is rapidly strengthening its B2B capabilities across a wide range of other areas, including vehicle components, information displays, robots, EV charging systems, built-in appliances, and smart factory solutions.

For more information about LG’s air conditioning business, visit www.lghvac.com.

Media Contact

LG, LG, 1 469-580-3094, lg.cac@lg-one.com, www.lghvac.com 

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SOURCE LG

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AffableBPM Accepted into Prestigious Creative Destruction Lab (CDL) Startup Program

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To Accelerate Growth in AI-Powered Automation Solutions through CDL’s Computational Health Stream.

SAMMAMISH, Wash., Oct. 18, 2024 /PRNewswire/ — AffableBPM, a leader in automating back-office business processes for healthcare organizations, is proud to announce its acceptance into the Creative Destruction Lab (CDL) program. The company will join CDL-Seattle’s Computational Health Stream, at the Foster School of Business, University of Washington.  The mission of the CDL program is to enhance the commercialization of science for the betterment of humankind.

AffableBPM proudly announces its acceptance into the CDL Startup program to accelerate growth in healthcare industry.

AffableBPM has been recognized for its AI-driven approach to automating complex workflows for healthcare organizations. Its platform leverages cutting-edge AI technologies to streamline processes such as Contract Lifecycle Management, Compliance Management, Denials Management, and Revenue Leakage Analysis. By integrating AI into these critical operations, healthcare organizations can achieve higher accuracy, efficiency, and data-driven decision-making, allowing them to focus more on patient care. AffableBPM was featured by Microsoft for harnessing the power of AI to drive operational efficiency and scalable growth in the healthcare sector. This recognition reinforces our commitment to innovation and positions us well as we commence our participation in the CDL Computational Health stream.

“We are excited and honored to join the CDL mentorship program,” said Rajashree Varma, CEO and Founder of AffableBPM. “AI is at the heart of what we do at AffableBPM. Through CDL, we look forward to advancing our AI capabilities even further to help healthcare organizations address industry-wide challenges, such as reducing administrative inefficiencies and optimizing resource management that has direct impact on their Return on Investment (ROI).”

The CDL-Seattle Computational Health supports founders solving biological, medical, and healthcare problems using innovative applications of software, data science, cloud computing, and artificial intelligence. As part of the program, AffableBPM will have access to top AI and healthcare experts, investors, and mentors, enabling the company to enhance further its AI-driven platform to meet the evolving needs of the healthcare industry.

AffableBPM aims to continue leading innovations in healthcare operational automation by utilizing AI to solve pressing issues such as manual processes inefficiencies, revenue leakage, compliance management, and denial management. With the support of mentors from CDL, the company will drive advancements that empower healthcare organizations to better manage their workflows and resources.

The CDL program will also serve as a key catalyst for AffableBPM as it prepares for its next phase of growth, including securing a Series A funding round in 2025, and further scaling its AI-powered solutions across the healthcare vertical.

For more information about AffableBPM, please visit http://www.affablebpm.ai. For more information about the CDL program, please visit https://creativedestructionlab.com/

About AffableBPM
AffableBPM is a SaaS solution that helps healthcare organizations streamline back-office business processes using AI-driven automation. By incorporating artificial intelligence into critical workflows such as Contract Lifecycle Management, Asset Management, Compliance Management, Denials Management, and Revenue Leakage Analysis, AffableBPM enables healthcare providers to operate more efficiently and make data-driven decisions. AffableBPM is recognized as an ISV Success Partner by Microsoft and brings partner benefits to enterprise customers under Microsoft Cosell motion.  

Media Contact:
Manisha Umbarje
Director of Marketing
425.428.7261
Manisha.umbarje@affablebpm.com

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SOURCE AffableBPM Corporation

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Centro Accelerates Growth and Expands Platform Capabilities with Enhanced Communication and Engagement Solutions

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Strategic Expansion Strengthens Centro’s Role as a Transformational Force in the Broker and Carrier Space

ST. LOUIS, Oct. 18, 2024 /PRNewswire/ — Centro Benefits Research (Centro), a leading employee benefits consulting and technology firm, today announced a major expansion of its platform, aimed at transforming the broker-carrier ecosystem. Centro’s cutting-edge platform is expanding by adding advanced benefits communication technologies and engagement tools to its robust suite of solutions, including its API-driven rating and quoting platforms, further underscoring its position as one of the most comprehensive and impactful players in the ancillary space.

The addition of these enhanced solutions comes with Centro’s acquisition of EOI Service Company (EOI), a well-established leader serving brokers and large employer groups in benefit communications and employee engagement. This marks a pivotal moment in Centro’s ongoing growth strategy. By integrating EOI’s specialized solutions, Centro is deepening its technology and service offerings, equipping broker partners with advanced tools to better serve their clients and drive greater value.

“We are entering a new era of growth at Centro, building on our technology foundation to push the boundaries of what’s possible in the benefits space,” said Dan McAlone, Founder & President, Centro. “With the addition of EOI’s expertise, we’re poised to accelerate our impact on the industry, providing groundbreaking solutions that empower brokers, simplify benefits administration, and now drive greater engagement for the employees we reach. This is a significant step forward in our mission to integrate solutions that fundamentally change how the industry operates.”

EOI, based in Anaheim, CA and founded in 1978 by Jim Davidson, has built a powerful platform of technology-driven solutions that seamlessly integrate benefit communication strategies and enrollment support for broker partners and large employer groups. Additionally, EOI partners with brokers to develop long-term voluntary benefit strategies, streamline the RFP process, and negotiate with carriers to achieve significant cost savings. At closing, EOI represented over $400 million in voluntary benefits premium.

“Joining Centro allows us to scale our capabilities and continue evolving as leaders in benefit communications,” said Jim Davidson, Chairman & CEO, EOI. “Centro’s vision of transforming the industry with technology that streamlines processes and maximizes value aligns perfectly with the legacy we’ve built at EOI. Together, we’re positioned to deliver even more impactful solutions that not only meet the growing needs of brokers and employers but also redefine what’s possible in the benefits space.”

With this strategic expansion, Centro continues its momentum as a growing technology company, positioned to change the benefits landscape through its innovative platform, deep talent expertise, and commitment to delivering comprehensive solutions that drive value for broker partners and employer clients. Dowling Hales acted as exclusive financial advisor to EOI in its sale.

About Centro Benefits Research 

Centro Benefits Research is an ancillary benefits and technology consulting firm that enables brokers and carriers to deliver the best possible outcomes for their mutual customers through powerful research, deep industry expertise and the creation of digitally focused platform efficiencies that drive business growth. Centro’s mission remains squarely focused on bringing modern technology to a legacy insurance process and helping all stakeholders in the system work more effectively. For information, visit centrobenefitsresearch.com

About EOI Service Company

After 46 years in business, EOI’s unique capabilities in strategic planning, product evaluation, communication, and enrollment services are stronger than ever. 

EOI has expanded its suite of value-added services beyond the design, communication, and enrollment of benefit programs to include a more comprehensive array of services designed to meet corporate and HR initiatives. EOI prides itself on its continuous innovation and expansion of services.

Headquartered in Anaheim, CA, EOI is appointed, licensed, and represents clients in all 51 jurisdictions.  From 1978 to the present, the company has been led by the same management group and is well-known for its team of salaried, professional benefit counselors. 

Media Contact: Rachel Pennington, rachel.pennington@centrobenefits.com

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SOURCE Centro Benefits Research

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The Nora Project Supports Caregivers in Raising Kids Who Include

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Virtual Learning Session Provides Tools for Guiding and Empowering Children

CHICAGO, Oct. 18, 2024 /PRNewswire/ — The Nora Project, a nonprofit committed to building inclusive classrooms, will host a fall training to provide practical, actionable advice and strategies for supporting kids as they develop the beliefs and skills needed to include others and be included.

This presentation gives caregivers tools, so they can support children as they take the lead in including others.

Raising Kids Who Include” is a live-virtual learning session from The Nora Project, designed for anyone who contributes to a child’s growth and development. The 60-minute session will be at 8 p.m. ET / 7 p.m. CT on Nov. 19.

“So often, we want to plan out the details and dynamics for the children in our world,” said Anitra Schulte, a session presenter. “This presentation gives caregivers tools, so that instead of directing, we can support children as they take the lead in including others.”

Participants will learn how to support kids as they plan activities and explore honoring different ways of being.

“Everyone should be included in play,” said Amie Richards, a session presenter. “When we aren’t intentional about teaching kids how to include each other, it can lead to feelings of rejection for themselves or others. Teaching these skills at a young age is essential, and the ideas we share in this session are a great starting point.”

Registration for “Raising Kids Who Include” is $25 per person. The session will be held on Zoom. CART will be provided. If The Nora Project can support your engagement in the session in any additional ways, please email Info@TheNoraProject.Ngo.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-nora-project-supports-caregivers-in-raising-kids-who-include-302279791.html

SOURCE The Nora Project

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