Sapiens chosen as Absa Life’s partner in a major digital transformation initiative
Sapiens International Corporation, a leading global provider of software solutions for the insurance sector, and Absa Life, a foremost life insurance provider in South Africa, are teaming up.
Hippo Holdings’ Spinnaker Insurance secures $110m for debut catastrophe bond
Spinnaker Insurance Company, a fully owned subsidiary of Hippo Holdings, has announced a significant stride in the insurance industry, unveiling the successful sponsorship of a catastrophe bond from Mountain Re Ltd.
OWIT Global and Canopius US Insurance team up to streamline bordereaux data management
OWIT Global, recognised as the leading cloud-based InsurTech firm focused on digitalising the international insurance industry, has announced a successful implementation of their Bordereaux Management Solution by Canopius US Insurance.
UK banks shelve sustainability amid economic turmoil
In a surprising twist, the number of UK banks considering sustainability as a central business strategy has dropped dramatically by 40% within a year, reveals a new report by digital transformation facilitator Hexaware Mobiquity.
Transforming PropTech and InsurTech: Lexasure collaborates with Qornerstone on new insurance solutions
Lexasure Financial Group Limited, a key player in the InsurTech market across South and Southeast Asia offering reinsurance, insurance, and tech solutions, along with Qornerstone, an innovative PropTech firm revolutionising property management, have recently unveiled a memorandum of understanding to develop a strategic partnership.
Revolutionising financial customer experience with digital tax form processing
In today's digital age, customers have high expectations for their interactions with financial institutions. These digitally savvy individuals demand streamlined, efficient, and enjoyable experiences. Unfortunately, many financial entities, even the globally leading ones, continue to rely on outdated manual processes for FATCA and CRS compliance, causing frustration for both clients and customer service officers.
New leap in financial tech: BIS’s game-changing blueprint for monetary system
The BIS has announced a blueprint for the global monetary system, leveraging programmable central bank money.
Unpacking the SEC climate disclosure rule: a shift towards sustainability reporting
Position Green's Managing Director in the USA, Jason Stanley, has shed light on the intricate details of the US Securities and Exchange Commission's (SEC) newly proposed climate disclosure rule, explaining its far-reaching implications on US and foreign private issuers.
Rowan Douglas takes reins as CEO of Howden’s climate risk and resilience unit
Howden has publicised the appointment of Rowan Douglas as the CEO of its Climate Risk and Resilience division.
EU pushes for a digital euro amid evolving payment trends
The EC today introduced two proposals aimed at enhancing the use of both physical and digital forms of the euro across the euro area.