LDC makes significant investment in Uinsure to support ambitious growth strategy
Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.
What is the role of price optimisation in insurance?
Actuaries, often dubbed as mathematical risk managers, play a pivotal role in the insurance industry. Their expertise in quantifying and managing risk is essential for insurers in a market where financial responsibility for potential negative outcomes is traded. However, determining the cost of this responsibility isn't a straightforward task; it involves estimating expected losses akin to manufacturing costs for tangible goods. Yet, setting a price demands more than just knowing costs; it requires calibrating profit margins to market realities and consumer behaviours. InsurTech Quantee delves into the intricate process, known as price optimisation.
LEI Worldwide becomes leading Irish LEI provider
LEI Worldwide has emerged as the leading force in the Irish Legal Entity Identifier (LEI) market for January 2024.
Barclays revises climate policy to strengthen sustainability efforts
Barclays has recently announced significant revisions to its climate policy, reaffirming its commitment to advancing the global transition towards sustainable energy.
European Commission backs ambitious plans to reduce F-gases and ozone depleting substances
The European Commission has welcomed the adoption of strengthened rules on the use of fluorinated gases (F-gases) and ozone-depleting substances (ODS), as they look to reduce the EU's total greenhouse gas emissions.
Major Chinese Stock Exchanges reveal new mandatory sustainability reporting requirements for firms
China's major stock markets, including the Shanghai Stock Exchange (SSE), Shenzhen Stock Exchange (SZSE), and Beijing Stock Exchange (BSE), have introduced fresh sustainability reporting guidelines for listed companies, according to ESG Today.
Lithuania’s Cyber Upgrade raises €650k to strengthen SME cybersecurity solutions
Lithuania-based cybersecurity startup, Cyber Upgrade, has successfully secured €650,000 in pre-seed funding to bolster its mission of providing inclusive and accessible cybersecurity solutions for small and medium-sized enterprises (SMEs) and FinTech companies.
Solera teams up with STELLA Automotive AI to transform automotive customer experiences
Solera, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.
Ushur reveals new launch module for enhanced customer experience automation
Ushur, a leading provider of Customer Experience Automation solutions, continues to innovate with its latest major release, which includes the introduction of a key feature aimed at empowering citizen developers.
Ascent acquires Waymark to transform compliance automation
Ascent Technologies, a leading provider of AI-enabled compliance automation solutions for financial services companies, has revealed that it has completed the strategic acquisition of Waymark.