Company News

At the inaugural hx Live conference, hyperexponential’s co-founder and CEO, Amrit Santhirasenan, delved into the company’s innovative approach to artificial intelligence (AI), and opened up on AI’s role in revolutionising the insurance industry.

Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions.

BlackRock Inc., the largest asset manager globally, has revised its decarbonisation investment guidelines, designating $150bn for funds that evaluate energy transition risks and opportunities.

HSBC and BNY Mellon have been announced as early participants in the Quantexa Q Assist program, which features a suite of context-aware generative AI technologies.

Wreathed in Finnish heritage, and inspired by a thirst for innovation and values, M-Files is a market-leader across the software development space. Founded by CEO Antti Nivala, the firm's key tenets of equality, trust and honesty shine through in their work today as they leverage automation and AI to revolutionise the workplace.

Charlee.ai, a provider of AI-based predictive analytic solutions, has announced a strategic partnership with Duck Creek Technology, a leading SaaS InsurTech company.

Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector.

Citi has been fined $135.6m by US regulators for not making sufficient progress in addressing risk management and data governance deficiencies, four years after a cease and desist order was issued.

Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward.

Tara Hill Insurance Services, a program administrator owned by Ambac Financial Group, Inc., has announced the addition of industry veteran Richard Edsall as senior vice president.