Company News

Goldman Sachs Asset Management (GSAM) has officially withdrawn from the Climate Action 100+ initiative, a move echoed by several other US-based asset managers following a wave of concern spurred by US political figures.

Aventum, an international (re)insurance group, has announced the launch of an innovative AI Underwriting Assistant.

Okredo, a Lithuanian company specializing in open data solutions, has successfully secured €1.2m from the EU.

AI is progressively transforming the landscape of AML and KYC within financial institutions, aiming to amplify their efficiency, efficacy, and scale.

Vayana, a trade credit infrastructure platform based in Pune, India, has successfully raised $20.5m in an ongoing Series D funding round.

Hiscox, a global specialist insurer known for its tailored insurance solutions, has announced the launch of the London insurance market's first lead underwriting model enhanced by generative AI.

Howden Re, a global reinsurance broker known for its innovative risk transfer solutions, has announced a new partnership with Temblor Inc, a catastrophe modelling company that specialises in seismic hazard and risk assessment.

Jetty has announced a new partnership with Fortegra and Allianz to strengthen its insurance offerings and provide a more solid financial foundation for its products.

Triodos Bank UK, a specialist in sustainable finance, has announced the appointment of Mark Clayton as their new COO.

Amazon, the global e-commerce giant, has teamed up with Barclays, a major British multinational bank, to launch a new co-branded credit card in the UK.