Leveraging AI and geospatial imagery for insurance risk prediction
Artificial intelligence (AI) and geospatial imagery are revolutionising the insurance industry, enhancing everything from underwriting and risk assessment to claiming processes. By integrating AI with high-resolution geospatial data, insurers can gain unprecedented insights into the specific risks associated with a given location.
AdvantageGo and Expleo partner ahead of Blueprint Two
AdvantageGo, a leading commercial insurance and reinsurance software provider, has announced a strategic alliance with Expleo, ahead of Blueprint Two.
Edmund Reese to join Aon as CFO amidst strategic growth plans
Aon plc, a leading global professional services firm, announced that Edmund Reese will be appointed as executive vice president and chief financial officer (CFO), effective 29 July 2024.
New York-based InsurTech Authentic Insurance secures $11m in Series A funding
Authentic Insurance, a New York-based InsurTech startup, has successfully raised $11m in a Series A funding round.
Earnix and Verisk partner to boost commercial insurance pricing efficiency
Earnix, the leading global provider of AI-based SaaS solutions for financial services, has announced a strategic collaboration with Verisk to boost efficiency in commercial insurance pricing.
Combating generative AI fraud: Effective strategies for detecting fake documents
Fraudsters can now easily create fake documents online or purchase forged ones with just a few clicks. As a result, detecting document fraud has become...
Fenergo launches AI-powered CLM to enhance compliance and efficiency
Fenergo, the leading provider of digital solutions for KYC, CLM and transaction monitoring, has launched AI Powered CLM.
Preserve eComms or pay the price: The SEC’s 2024 focus on recordkeeping
The SEC and CFTC have charged multiple Wall Street firms with widespread recordkeeping failures, imposing staggering penalties exceeding $2.5bn.
Overcoming KYC name matching challenges with intelligent screening
Culture, geography, politics, and media reporting all create challenges for name matching in a KYC or due diligence process, even when software is used...
How KYB regulations shape the future of banking and FinTech
Know Your Business (KYB) is a crucial process for verifying business entities during the onboarding phase, aimed at understanding risk factors, financial health, creditworthiness, and beneficial ownership.