New-Tech Europe | December 2016 | Digital Edition

LatestNews

application and claims processes.

Santulli, 72, is a visionary entrepreneur, businessman, and founding father of two major aviation industries. In 1986, he launched the first-ever fractional aircraft program, which he later named NetJets, and in 2009 he left NetJets to co-found Milestone. “One of the greatest fortunes of my life was meeting Richard Santulli nearly 13 years ago,” said Rosenthal. “It has been an honor to learn from Rich both at NetJets and as we built Milestone and established a critical new industry. Rich is an industry icon and set the standard for all of us at Milestone by creating a world-class culture for customers and employees. Looking forward, we will always carry with us his entrepreneurial spirit and dedication to providing our customers with creative aircraft financing solutions through unparalleled customer service. Beyond the business side, Rich is a close confidante, mentor and friend, and I’m delighted that he will continue as a Milestone advisor.” proven within the insurance industry and which can be tailored towards the specific needs required for NFU Mutual. This, coupled with BAE Systems extensive data partnerships, enables us to create a platform which combines high quality analytics and data sources ultimately maximising value for NFU Mutual.” Steve Bower, Customer Services Director at NFU Mutual, said: “The partnership with BAE Systems will help us continue to take a tough stance on fraud, while maintaining the first class levels of customer service that our members have come to expect. By embedding these new advanced capabilities across claims, underwriting and financial crime, we are tackling fraud more effectively and ultimately providing greater value to our members.”

George Robbins, VP EMEA, Commercial Solutions at BAE Systems Applied Intelligence, said: “We will be working with NFU Mutual to help it deliver on its zero tolerance approach to fraud and financial crime by implementing faster and more accurate fraud detection, using the best data at the right time in the right way.

Milestone Aviation Group Limited (“Milestone”), a GE Capital Aviation Services company (“GECAS”) and the global leader in helicopter leasing, today announced that President Daniel Rosenthal has been named President and Chief Executive Officer, effective January 1, 2017. Richard Santulli, GE Officer and Milestone Chairman, will leave GE but continue to serve Milestone in an advisory capacity. Rosenthal, 41, has spent most of his career in leadership positions at some of the most innovative organizations in the aviation industry. In 2009, he co-founded Milestone, the first global helicopter leasing company. He previously spent four years at NetJets, where he held various leadership roles. “Dan has been an outstanding company president and a strong leader since GE acquired Milestone in 2015, and this appointment reflects the great value he continues to create for Milestone and its partners,” said Alec Burger, President and CEO of GECAS. “Milestone is the leader in helicopter financing because of the dedication Dan and his entire talented management team bring to their work serving customers and partners around the world. As the global helicopter industry “Many businesses work in silos, which often means teams not only operate using different systems and technologies, they also duplicate effort and costs. By consolidating NFU Mutual’s operations into a single group fraud and financial crime platform we can improve controls on financial crime and fraud detection. “The decision to work with BAE Systems came from a recognition that we are able to provide a system that is

Milestone Aviation Names Daniel Rosenthal President and CEO continues to evolve, I am confident that Dan and his team have the skills and experience Milestone will need to continue as the industry leader.”

16 l New-Tech Magazine Europe