Company News

Despite the U.S. leading the world in per capita spending on maternity care, it paradoxically has some of the highest rates of adverse pregnancy outcomes among high-income nations. The CDC reports that maternal mortality is on the rise, with nearly 84% of pregnancy-related deaths considered preventable. The U.S. Department of Health and Human Services (HHS) suggests that comprehensive care navigation models could significantly reduce maternal morbidity and mortality rates by up to 50% and 20%, respectively, highlighting the crucial need for innovative approaches such as digital care navigation for expectant mothers.

Costa Rica is set to publish its sustainable finance taxonomy on 14 August, a key development in the country's effort to enhance the local sustainable finance market.

AI-enhanced KYB is now revolutionising the traditional, often manual due diligence methods seen in the industry RegTech firm RelyComply has recently discussed. 

Artificial Intelligence (AI) is revolutionising the insurance sector by enhancing underwriting, claims processing, customer service, and product development. The technology has already shown its value in automating manual tasks, improving risk assessments, detecting fraud, personalising customer interactions, and enabling predictive pricing.

Chaiz, an Austin-based marketplace for extended car warranties, has raised $3.7m in seed funding, as it looks to expand its coverage options.

The FCA has recently completed its review on how PEPs, including Members of Parliament, public servants, and their relatives and close associates (RCAs), are handled by financial services.

Whitespace, the fully digital e-trading platform and a Verisk business, has launched new library and contract builder capabilities.

Aon, a global professional services firm, and Columbia University, an Ivy League research university based in New York, have renewed their partnership until 2027 to enhance research on the correlation of climate risk between various perils and regions.

Insured Nomads, a leading global provider of health insurance and assistance products for modern companies and travellers, has partnered with Global Nomad Pass to incentivise travellers, remote workers, and digital nomads to shop with local businesses.

Stori, the Mexican FinTech unicorn, has announced a substantial investment of $212m.