Globally, companies and assets are about to be revalued upwards or downwards according to their climate risk valuation. The stakes are high and the price of getting this valuation wrong could be disastrous, companies can no longer afford to kick climate risk down the road.
The Metaverse has captured the attention of many. Mark Zuckerberg envisions a world where people “jump into” the virtual world to “do almost anything”. But doing things comes with risk, and risk needs to be priced. So where does insurance come into these big plans?
No-code technology is quickly becoming a major trend in software development. As wealth managers continue to increase their exposure to digital services, will no-code technology be their go-to solution?
Since its inception in 1995, Agility has grown its global footprint across Asia Pacific, Africa, Middle East and more recently, entered the UK market. Providing risk management software solutions to the health funding and broader insurance industry, Agility assists its customers to adapt to the challenges that an evolving health insurance market brings, whilst leveraging modern technologies and deploying Best Practice guidelines and algorithms.
The financial market is going through a rough patch. The rising cost of living, soaring inflation rates, war in Ukraine and the post-pandemic environment is having a major impact on businesses and individuals. Companies are starting to feel the pinch and the FinTech sector is among them. However, how bad is it for FinTechs?
Innovation in the insurance industry is not just important, it is essential. A more dynamic market has meant insurers are venturing into non-traditional sectors as well as looking for more advanced ways of serving existing markets. The industry must ramp up its innovation efforts if it is to tackle increasingly threatening risks, such as climate events and cyber-attacks.
It is no secret that regulators around the world are becoming increasingly tougher on financial services companies. There is an unrelenting level of regulation being drafted and fines are hitting eyewatering sums. A report from Finbold pegged fines for non-compliance with AML, KYC and data privacy regulations at a total of €12bn in 2020.
Inspired by advances in machine vision, neural networks and the new possibilities for AI systems, two computer science graduates formed a team of researchers and engineers at Tractable to explore the real-world opportunities of applying deep learning to image classification.
The WealthTech market continues to grow at a rapid rate. The wealth management platform market is expected to grow at a 13.8% CAGR to reach $9.18bn by 2028, according to research from Insight Partners. The value of the market in 2021 was $3.71bn.
Much like the initial scepticism to credit cards when they were first introduced, there has been some apprehension over the use of e-trust solutions. However, the industry is proving they are secure and effective, and their use is on the rise. Electronic IDentification is on a mission to make digital identity solutions the norm.