FRISS opens office in France to boost its efforts combating fraud
Automated fraud and risk detection platform FRISS has expanded to France to boost efforts in fighting insurance Fraud.
Standard Chartered breaks new ground with first head of biodiversity
Standard Chartered has announced the appointment of Oliver Withers as the bank's first Head of Biodiversity.
CyberCube and Duck Creek partner to bolster cyber underwriting
Cyber risk analytics specialist CyberCube has partnered with Duck Creek Technologies a leading provider of software-as-a-service (SaaS) insurance core systems, to streamline the underwriting of cyber insurance policies.
InsurTech BIMA bags $30m to expand in Africa and Asia
InsurTech BIMA has raised $30m in a new round with the goal of using the money to drive mass adoption of digital health and InsurTech solutions in emerging markets.
How Generative AI is transforming motor insurance claims
Motor claims processing has become a crucial component of the insurance industry due to its high volume, significant impact on customer satisfaction, and financial implications. With the frequent occurrence of vehicle-related incidents, insurers must efficiently manage numerous claims to maintain operational effectiveness. The speed and accuracy of claims handling directly influence customer satisfaction and loyalty - and Generative AI may be the future, as Simplifai explains.
Around 4,800 websites hit by formjacking each month, Symantec study claims
Around 4,800 unique websites are compromised by formjacking code each month, a report from cybersecurity giant Symantec states. The 24th volume of the Internet Security...
Google Cloud, MAS forge partnership to enhance AI capabilities in financial sector
The Monetary Authority of Singapore (MAS) and Google Cloud have partnered to focus on the development and use of Generative AI applications.
INSHUR partners with Five Sigma
InsurTech company INSHUR has bolstered its UK in-house claims operations through a new deal with Five Sigma, a cloud-native claims management solutions provider.
Klarna becomes Europe’s most valuable FinTech on the back of $650m round
Swedish payments unicorn Klarna can convincingly claim to hold the title of Europe's most valuable privately-owned FinTech company after a $650m funding round pushed...
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.