Industry News

Brazil has declared it will enforce the ISSB sustainability standards, kicking off voluntary compliance in early 2024.

The buzz around artificial intelligence (AI) is undeniable. For some, AI represents a bright future, while for others, it brings about caution and doubt. With the potential to revolutionise every facet of the insurance sector – from marketing and customer service to underwriting and claims management – AI holds immense promise.

AI is rapidly becoming an essential instrument for businesses around the world, particularly in the realm of risk management and compliance.

With the introduction of the Corporate Sustainability Reporting Directive (CSRD), companies are now required to disclose their sustainability performance. However, the European Financial Reporting Advisory Group (EFRAG) has acknowledged the challenges faced by small and medium-sized enterprises (SMEs) in meeting these requirements due to their limited resources.

Compliance is the cornerstone upon which businesses build trust, stability, and longevity in an ever-evolving regulatory landscape.

BNP Paribas, a global leader in banking and financial services, has recently taken a significant step in the microfinance sector.

A recent survey has found over 50% of companies are now reporting at least some of their Scope 3 value chain emissions.

DocDoc, a digital health insurance platform, has partnered with QBE Singapore to launch a group health insurance product in Singapore.

AWS has announced a partnership with Clarity AI, a tech company known for delivering key environmental and social insights.

With the InsurTech industry pioneering change in the insurance industry, FinTech Global has revealed the 100 leading companies in its fifth annual InsurTech100 List.