Direct Line in By Miles take-over
Direct Line has acquired By Miles Group, a Managing General Agent (MGA) and provider of real-time pay-by-mile insurance policies.
Averlon emerges from stealth with $10M fund to fortify cloud security
Averlon, a pioneering cloud security company, has secured $10m in funding to advance its AI-powered cloud security solutions.
Assurant partners with Updater to provide renters insurance
Assurant, a global business services company that supports, protects and connects major consumer purchases, has signed a multi-year partnership with Updater, to become the preferred renters insurance provider.
Central banks turn to generative AI for enhanced cybersecurity
The BIS believes in the potential for widespread adoption of GenAI, an area in which many central banks have developed a strong interest.
1 in 3 women investors anticipate becoming ISA millionaires
Plum, a smart money app, has conducted research showing that one in three women between the ages of 18 and 44 believe they have the potential to become a millionaire via astute investments in an ISA. Women investors
Texas Stock Exchange secures $120m funding to challenge NYSE and Nasdaq
A new stock exchange, Texas Stock Exchange (TXSE) is set to challenge the New York Stock Exchange (NYSE) and Nasdaq.
Percipience teams up with AI InsurTech Concirrus to expand data capabilities for insurers
Percipience, an insurance data and analytics platform provider, has partnered with AI-powered InsurTech Concirrus to expand data capabilities for insurers.
Lucinity launches Generative AI plugin to boost FI productivity
Lucinity, an emerging firm in FinTech, has launched its latest product, a generative AI copilot plugin, at Money2020 Europe.
FM Global launches climate change product to predict future risks
FM Global, a commercial property insurer, has launched its Climate Change Impact Report, a proprietary tool to help its clients identify, understand and avoid risks as far in the future as 2050.
$18m funding boost for Aim Security to enhance GenAI enterprise security
Aim Security, a cyber firm specialising in the protection of GenAI within enterprises, has successfully raised $18m in a Series A.
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