Easier for China to face tariffs than bend to U.S. pressure

Reuters | March 04, 2019

China will acknowledge concessions made in any trade deal with the United States for the sake of stabilizing shaky relations, but is unlikely to yield to demands it alter its economic model even if faced with continued tariffs, many trade experts believe. U.S. President Donald Trump has warned he could walk away from a China deal if it were not good enough, even as his advisers touted “fantastic” progress toward an agreement to end a dispute that has put tit-for-tat tariffs on hundreds of billions of dollars worth of each others’ goods.

Spotlight

This final report of the Taskforce on Transforming the Economic Dimension of U.S. China Strategy outlines a four-part strategy for an effective U.S. response to the economic challenges presented by China.

Spotlight

This final report of the Taskforce on Transforming the Economic Dimension of U.S. China Strategy outlines a four-part strategy for an effective U.S. response to the economic challenges presented by China.

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PARAGON INCREASES INVESTMENT IN BUSINESS DEVELOPMENT

PARAGON SYSTEMS | September 26, 2022

Sean will drive growth and development across all business sectors encompassing federal and commercial business development. Joining Paragon in 2020, following his progressive success since 2012 with affiliate Securitas USA (SUSA), Sean has directly supported the acceleration of growth of physical security offerings for the Aerospace & Defense sector. Additionally, Sean has led the integration of combining physical security offerings with specialty cleared commercial services from Paragon Risk Management, Cybersecurity, and Technology Solutions. Serving as a Captain in the U.S. Army's Military Police Corp, Sean led paramilitary training and security operations supporting Operation Iraqi Freedom. Following his service, Sean earned a dual master's degree in security management and emergency management from the John Jay College of Criminal Justice. Sean's capabilities and vision will provide the business development and capture management teams additional insight into enhancing service offerings and integrating capabilities across the Federal government and its contractors. While serving as Vice President of Global National Sales for SUSA, Sean successfully built cohesive growth-oriented entities across geographic and vertical markets and increased brand placement in the marketplace. "Sean's operational experience in both the public and private sector, coupled with his proven track record to foster widespread organizational growth, will prove valuable as we continue to move the company into the future of safeguarding American assets." -Tony Sabatino, Chief Executive Officer,PARAGON SYSTEMS. ABOUT PARAGON SYSTEMS: Paragon employs over 12,000 professionals in specialized operations providing security, fire, investigations, inspections, cybersecurity, risk management, and mission support services to the U.S. Federal Government and other critical infrastructure clients. Paragon is Safeguarding American Assets at home, abroad, & beyond.

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GOVERNMENT INSURANCE

Wingsure Partners with AICIL to Provide Curated Insurance Products and Digital Management Services to Farmers Using Advanced Technology

AICIL | July 18, 2022

Agriculture Insurance Company of India Limited (AICIL), a nationalised insurance company under the Ministry of Finance, Government of India, has signed a three-year agreement with Wingsure, an insurtech company that leverages artificial intelligence and deep technology to protect farmers worldwide. As part of the agreement, Wingsure will use its advanced technology capabilities to significantly strengthen the accessibility of insurance products and services to farmers in India; curate and promote AICIL's comprehensive portfolio of agriculture insurance products and enable its channels, including groups and partner brokers, to distribute on its mobile app. Agriculture and the allied sectors are the largest sources of livelihood in India, with most rural households dependent primarily on agriculture and 86% percent of holdings being small and marginal. However, farmers are vulnerable to the impact of climate change and other livelihood risks and have sub-optimal access to risk awareness programs and modern resources. Launched to support economic empowerment with transparency and promote sustainability through modern agricultural practices, Wingsure's application leverages advanced computer vision, augmented reality, and voice capabilities to provide intelligence and facilitate the underwriting and insurance claims processes for small holder farmers. The partnership will have access to more than 40 million farmers in India and focus on transforming how farmers mitigate and adapt to climate change and other livelihood related risks. "We firmly believe that technology implementation is key to providing insurance and thereby protecting the underserved. Through our association, we will utilise the Wingsure technology platform to support our vision of how farmers can leverage insurance to mitigate risk." -Malay Poddar, Chairman and Managing Director, AICIL Avi Basu, Founder, and CEO of Wingsure, said, Wingsure's deep-tech platform revolutionizes how small holder farmers leverage insurance and financial products to protect their livelihood. It is designed to provide optimal access to risk awareness programs, climate smart practices & other modern resources as well as government backed schemes. The application uses AI and machine learning (ML) to rapidly process insurance underwriting and claims. We are excited to partner with AICIL in their vision to use technology for strengthening farmers' resilience in India. About Agriculture Insurance Company of India Limited- AICIL, controlled by the Government of India, has been implementing the crop insurance schemes of the Government of India since 2003-04. Currently, AICIL is implementing, inter alia, Pradhan Mantri Fasal Bima Yojana (PMFBY), Bangla Shasya Bima Scheme (BSBS), and Restructured Weather-based Crop Insurance Scheme (RWBCIS) and many of it proprietary agriculture insurance products. About Wingsure- Wingsure leverages artificial intelligence and deep technology to protect farmers worldwide. The company operates in developing nations, as well as advanced countries, focusing on growers who are locked out of traditional financial services. Wingsure is dedicated to providing farmers with competitive levels of technology and security to maintain the dignity and sustainability of individuals worldwide.

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CYBERSECURITY

SecurityScorecard Partners with The National Association of Counties to Improve Cybersecurity Posture of Local Governments Across the U.S.

SecurityScorecard | July 19, 2022

In its ongoing effort to improve the security posture of federal, state and local government agencies, SecurityScorecard, the global leader in cybersecurity ratings, today announced a partnership with The National Association of Counties (NACo). Through this partnership, U.S. county governments will gain access to SecurityScorecard’s cybersecurity ratings platform to monitor and improve cybersecurity risk. NACo successfully piloted SecurityScorecard’s cybersecurity ratings platform, which involved 38 counties. SecurityScorecard’s platform is now available in the NACo County Tech Xchange, an online portal that connects more than 800 county CIOs, IT directors, CISOs and other county IT leadership. The portal provides resources that enable counties to improve their technology infrastructure. “We are committed to helping government entities in keeping their communities secure,” said Sachin Bansal, Chief Business and Legal Officer, SecurityScorecard. 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About SecurityScorecard Funded by world-class investors including Evolution Equity Partners, Silver Lake Waterman, Sequoia Capital, GV, Riverwood Capital, and others, SecurityScorecard is the global leader in cybersecurity ratings with more than 12 million companies continuously rated. Founded in 2013 by security and risk experts Dr. Aleksandr Yampolskiy and Sam Kassoumeh, SecurityScorecard's patented rating technology is used by over 30,000 organizations for enterprise risk management, third-party risk management, board reporting, due diligence, cyber insurance underwriting, and regulatory oversight. SecurityScorecard is the first cybersecurity ratings company to offer digital forensics and incident response services, providing a 360-degree approach to security prevention and response for its worldwide customer and partner base. 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