Managing general underwriter SageSure closes $60m Gateway Re catastrophe bond
SageSure, a leading managing general underwriter specialising in catastrophe-exposed markets, has successfully closed the Gateway Re 2024-4 county-weighted wind cover catastrophe bond at $60m.
Mundi Ventures receives €25m boost from AECID for InsurTech startups
The Agencia Española de Cooperación Internacional para el Desarrollo (AECID), the primary management body of the Cooperación Española, will invest €25m in Mundi Ventures, a management firm dedicated to supporting InsurTech startups and adjacent sectors.
CUBE strengthens board with pair of new appointments
CUBE, a global leader in automated regulatory intelligence (ARI) and regulatory change management (RCM), has bolstered its board as it looks to continue its growth strategy.
South African bank transforms IT with HCLTech’s SAP migration solution
HCLTech recently assisted one of South Africa’s largest financial services groups in a significant IT transformation project. Operating in 20 countries across Africa and...
Scanbot SDK launches Web Data Capture Demo
In today's tech landscape, innovations in software development kits (SDKs) continue to redefine how businesses handle data processing and automation. Following the success of its Barcode and Document Scanner SDKs, Scanbot SDK has introduced its latest offering: the Web Data Capture Demo.
How Symfa leveraged modern technologies to transform a US insurance giant
Discover how Symfa is revolutionising CPP modernisation for an insurance giant by leveraging API-led connectivity and OutSystems. Tatiana Smolenchuk, Software Developer at the firm delves into the innovative strategies and insights from this ambitious digital transformation project, showcasing the power of modern technology in reshaping the insurance landscape.
How Red Oak is leveraging AI to revolutionise compliance
In an era of increasing regulatory complexity, artificial intelligence (AI) has become essential in enhancing compliance efforts, offering new capabilities for managing and automating regulatory tasks. Among the leaders in this field is Red Oak Compliance Solutions, a company that has transformed advertising and marketing review processes.
AI’s role in revolutionising the insurance industry
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 and Socotra partner to innovate insurance solutions for carbon markets
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 allocates $150bn for decarbonisation funds
BlackRock Inc., the largest asset manager globally, has revised its decarbonisation investment guidelines, designating $150bn for funds that evaluate energy transition risks and opportunities.