Company News

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).

Front Street Re names Edison Fong as its new CEO

Front Street Re (FSR), an international InsurTech and reinsurance company under Lexasure Financial Group Limited, has named Edison Fong as its new Chief Executive Officer (CEO).
CBDC

Turkish central bank concludes first CBDC test transactions

The Central Bank of the Republic of Türkiye (CBRT) has run its first test transactions on the digital Turkish Lira CBDC network.

BriteCo raises $2m seed round to cover jewelry and luxury watch market

BriteCo – an InsurTech for the jewellery and luxury watch market – has raised $2m through its seed round. The company has secured investments from Trunk Club founder Brian...

Heritage takes on InsurTech with Slide partnership

US-based Heritage Insurance Holdings, a super-regional property and casualty insurance holding company, has entered into a strategic partnership with Slide, a startup InsurTech P&C...

UK to take less bureaucratic approach to regulations post Brexit

The UK is reportedly set to take a tough but less bureaucratic approach for banks once Brexit is completed.
Schroders Greencoat, a specialist in renewables and energy transition infrastructure under Schroders Capital, announced today a substantial commitment of £170m from the Environment Agency Pension Fund (EAPF) into its flagship UK private markets fund. 

Schroders Greencoat lands £170m for UK renewable infrastructure fund

Schroders Greencoat, a specialist in renewables and energy transition infrastructure under Schroders Capital, announced today a substantial commitment of £170m from the Environment Agency Pension Fund (EAPF) into its flagship UK private markets fund. 
Ideagen

Ideagen introduces ESG tool to fight greenwashing

RegTech Ideagen, which provides software for high-compliance and regulated industries, will launch a new ESG tool to help their customers tackle greenwashing.

Cambodia and Singapore sign FinTech MOU to promote collaboration

The Monetary Authority of Singapore and the National Bank of Cambodia have signed a memorandum of understanding regarding FinTech innovation between the countries. Under the...

Private investment platform Republic to acquire Seedrs in $100m deal

US FinTech firm Republic has entered into an agreement to purchase crowdfunding platform Seedrs in a deal worth $100m.

zizzl releases tool to improve how businesses buy health insurance

zizzl has released its zizzl Health solution in a bit to rid the world of the days “nervously waiting for that health insurance renewal to arrive with an increase that breaks your budget.”

News Stories

Overcoming integration barriers in business with hyperautomation technology

In the fast-paced world of business technology, staying competitive requires embracing innovative solutions.

How EU’s financial services are preparing for DORA’s 2025 implementation

The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.
The Institute and Faculty of Actuaries (IFoA), and the Chartered Institute for Securities & Investment (CISI) have formed a partnership aimed at supporting actuaries in enhancing their understanding of ethical issues when deploying artificial intelligence (AI).

IFoA and CISI join forces to boost ethical AI understanding for actuaries

The Institute and Faculty of Actuaries (IFoA), and the Chartered Institute for Securities & Investment (CISI) have formed a partnership aimed at supporting actuaries...

Aveni secures £11m to pioneer tailored AI solutions in UK financial services

Aveni has secured a Series A investment of £11m, marking it as one of the most substantial early-stage funding rounds for a Scottish firm...
Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately.

Aspen appoints Tony Bishop as chief data & analytics officer

Aspen, a global provider of insurance and reinsurance services, has announced the appointment of Tony Bishop as chief data & analytics officer, effective immediately. In...

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