Why effective claims management is crucial for insurance companies
Claims management is a vital function within the insurance industry, focusing on the resolution and processing of claims made by policyholders. By optimising this process, insurers aim to handle claims more swiftly, reduce instances of fraud, and maintain regulatory compliance. Comarch delves deeper into what makes claims management so critical for insurers.
Daloopa bags $20m from Credit Suisse-led Series A
US data extraction start-up Daloopa has secured $20m in a Series A financing round led by Credit Suisse Asset Management’s NEXT Investors.
Mastercard expands its reforestation initiative with 15 global projects
Mastercard expands its Priceless Planet Coalition to include 15 new restoration projects across six continents, boosting its goal of restoring 100 million trees.
The London stock exchange and HSBC caught in the middle of Hong Kong protests
As the Hong Kong protests enters it seventh month, two major UK financial institutions are getting caught in the fallout: HSBC and the London stock exchange.
James Edmonds joins Barclays as global head of sustainable project finance
Barclays has recently announced the appointment of James Edmonds as Global Head of Sustainable Project Finance.
EU banks and insurers lag in green compliance, PwC study finds
A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
Paris-based Spendesk bags €100m to help finance firms in Europe with spend management
Spend management platform for finance teams Spendesk raised €100m in Series C funding, bringing its total funds raised to €160m.
CBI president calls on UK to tap into FinTech benefits
The UK should tap into the ‘flotilla of benefits’ on offer from its FinTech sector, claims president of the CBI Lord Bilimoria.
Why UK banks need to up their financial education initiatives
Worryingly, over 90% of British consumers believe they are uneducated about personal finance and nearly half (47%) of them are looking to banks to help them, research shows.
Cytora and Reask unite to reshape insurers’ nat cat risk management
Cytora and Reask, a provider of advanced natural catastrophe risk analytics, have entered a strategic partnership.
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