Company News

Flagright’s AI technology powers up One Money Mail for secure transfers

Flagright, has announced One Money Mail  a EMI specializing in money transfers between the United Kingdom and Poland, as its new customer.
Acturis, a prominent technology provider for the general insurance industry, is set to integrate Covéa Insurance's Home IHP product into its platform.

Covéa Insurance’s Home IHP product launches on Acturis platform to boost broker choices

Acturis, a prominent technology provider for the general insurance industry, is set to integrate Covéa Insurance's Home IHP product into its platform.

S&P Global halts ESG ratings for Indian firms under new SEBI rules

S&P Global has ceased issuing ESG scores to Indian companies regulated by the Securities and Exchange Board of India (SEBI), following the implementation of stringent guidelines.
District Cover, a small business insurance broker, has successfully raised over $7m in a funding round that featured participation from Andreessen Horowitz.

Insurance broker District Cover secures $7m in funding round backed by Andreessen Horowitz

District Cover, a small business insurance broker, has successfully raised over $7m in a funding round that featured participation from Andreessen Horowitz.
UK

UK urged to accelerate ISSB adoption for stronger climate finance

The UK government has been urged to mandate corporate reporting in accordance with the International Sustainability Standards Board (ISSB) Standards. According to Envrionmental Finance,...
Markel has partnered with mea Platform to enhance the accuracy of its underwriting procedure by utilising Machine Learning (ML).

Markel partners with mea to boost underwriting procedure with machine learning

Markel has partnered with mea Platform to enhance underwriting process in international wholesale operations.

Scope 3 emissions pose significant financial risks, warns BCG and CDP report

Most companies and investors are not yet measuring and targeting reductions in Scope 3 value chain emissions, leading to significant overlooked and unreported financial risks in their supply chains, according to a new report released by BCG and environmental disclosure system CDP.
Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.

Asset-intensive reinsurer Martello Re secures $935m in equity funding round

Martello Re Limited, an asset-intensive reinsurer, has successfully closed a second round of equity funding, raising $935m from both existing and new shareholders.
Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.

Carbon Underwriting launches innovative Syndicate 5757 with Lloyd’s approval

Carbon Underwriting Limited, a specialist and independent managing general underwriter, announces the launch of its second syndicate, Syndicate 5757, following approval from Lloyd’s.
The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024.

Microinsurance Network appoints Matthew Genazzini as new executive director

The Microinsurance Network (MiN), a non-profit association, has announced the appointment of Matthew Genazzini as its new executive director, effective 1 October 2024. Genazzini, a...

News Stories

How investment firms can fix broken due diligence workflows

Investment management due diligence is at a crossroads. While the pressure to modernise has never been greater, a significant number of firms remain anchored...
EXANTE launches Allocator

EXANTE launches Allocator to streamline asset manager workflows

EXANTE has launched Allocator, a new module within its desktop trading platform designed to let asset managers replicate investment strategies across multiple client accounts...
Prometeia: Italian industrial output beats March forecasts

Prometeia: Italian industrial output beats March forecasts

Italian industrial production climbed 0.7% month-on-month in March, beating Prometeia's own forecast of 0.2% growth and building on the modest 0.2% gain recorded in...
KYCP's recycle bin update closes the compliance gap

KYCP’s recycle bin update closes a compliance gap

KYCP has rolled out a significant update to how records are deleted within its system, introducing a recycle bin function that gives compliance teams...
Hawk names Daniel Marshall as chief customer officer

Hawk names Daniel Marshall as chief customer officer

Hawk, a global provider of AI-powered anti-money laundering (AML) and fraud prevention technology, has appointed Daniel Marshall as its new chief customer officer (CCO). Marshall...

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