Company News

Private equity investor LDC has made a significant investment in Uinsure, a rapidly expanding InsurTech business.

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.
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.

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 has emerged as the leading force in the Irish Legal Entity Identifier (LEI) market for January 2024.

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 has recently announced significant revisions to its climate policy, reaffirming its commitment to advancing the global transition towards sustainable energy.

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.
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.

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.
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.

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-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.

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, a leading provider of vehicle lifecycle management solutions, joins forces with STELLA Automotive AI to introduce a groundbreaking solution named ServiceAgent AI.

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, 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.

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 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.

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.

News Stories

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian and Oakbrook forge new partnership to enhance loan accessibility

Experian, a global leader in consumer and business credit reporting and marketing services, has teamed up with Oakbrook, a prominent non-bank provider of consumer lending solutions.
Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis and Archer forge partnership to revolutionise risk management strategies

Quod Orbis, a Continuous Controls Monitoring (CCM) firm based in London, has announced a strategic partnership with Archer, a global pioneer in integrated risk management.
Shopify integrates PayPal to revolutionise US payment solutions

Shopify integrates PayPal to revolutionise US payment solutions

PayPal Holdings, a global leader in digital payments, and Shopify, a renowned commerce platform, have announced an expansion of their strategic partnership in the U.S.
Krom Bank and AWS partner to propel digital banking forward in Indonesia

Krom Bank and AWS partner to propel digital banking forward in Indonesia

Amazon Web Services (AWS) has partnered with PT Krom Bank Indonesia, a digital banking innovator in Indonesia, committed to serving the underbanked population with advanced, secure financial services.
Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse and Judo Bank revolutionize SME banking with new core platform

Synpulse, a global management consulting firm, specializes in banking transformation and technological integration.

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