Industry News

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.

Chubb, the world's largest publicly traded property and casualty insurance company, has launched an aviation hub in Singapore.

JPMorgan has teamed with Indian banks to test the potential of blockchain technology to provide 24/7 settlement services for Indian FIs. 

In the realm of wealth management, there is an increasing preference for cloud-based portfolio management software, a shift driven by the multiple advantages these solutions present. WealthArc has outlined seven major reasons behind the rising adoption of cloud-based alternatives over traditional on-premise options.

CBIZ has announced the strategic acquisition of information security consulting firm Pivot Point Security for $6.6m. 

In a post by Saifr, the company’s regulatory and compliance advisor Mark Roszak detailed how to find balance between AI and compliance.

In honour of World Environment Day, MAPFRE has launched an ambitious decarbonisation plan spanning across its operations in 25 countries.

The new generation of UK bank users are turning away from traditional brick-and-mortar banks in favour of digital banking, leading a major shift across Europe.

SmartMetric, a leading innovator in FinTech, is on the cusp of a significant product release. Known for its advanced biometric credit card technology, the company is now enhancing its product offering by integrating artificial intelligence (AI) into the card's electronics.

PayNearMe, a US-based FinTech firm, has caught the eyes of significant investors with its unique payments platform.