Allianz set to buy beleaguered French InsurTech Luko in €5m deal
Allianz Direct, a subsidiary of the German insurance giant Allianz, is reportedly on the brink of acquiring the beleaguered French InsurTech Luko for approximately €5m.
Visa reinforces stance as FIFA’s payment tech partner ahead of 2026 World Cup
An extended partnership between FIFA and Visa until 2026 aims to champion the growth of football and provide unparalleled support to players, fans, and clients.
HSBC unveils its groundbreaking net zero transition plan
HSBC, a renowned global bank with a diverse portfolio of services, announced today the launch of its first Net Zero Transition Plan.
Porch receives $25m by securing strategic business collaboration with Aon
Porch Group, Inc. has received $25m following its entry into a strategic business collaboration agreement with Aon.
GRI unveils biodiversity standard to revolutionise corporate transparency
The GRI has unveiled a comprehensive update to its Biodiversity Standard, codenamed GRI 101: Biodiversity 2024.
Carbon Underwriting bolsters leadership team with new Head of Specialty
Carbon Underwriting, a distinguished specialist and independent managing general underwriter, and Lloyd’s syndicate, has announced the appointment of Dale Willetts as Head of Specialty.
Bilt Rewards secures $200m investment, propelling valuation to $3.1bn
Bilt Rewards, a key firm in the loyalty space focusing on rent and neighbourhood rewards, has secured an equity investment.
75% of business leaders are “comfortable” incorporating AI into customer-facing strategies
75% of key decision-makers in the healthcare, insurance, and financial services industries are now "comfortable" incorporating AI and automation into customer-facing strategies or communications, according to research from Customer Experience Automation™ (CXA) pioneer Ushur.
Mastering transaction monitoring: Techniques and compliance in spotting suspicious activities
Renowned RegTech firm Flagright recently outlined a step-by-step guide to investigate suspicious activities.
UK InsurTech funding defies global trends
UK InsurTech companies saw their funding double in 2023 compared to the previous year, defying global trends from across the sector.