Industry News

How should firms handle double materiality assessments for ESRS?

How should firms handle double materiality assessments for ESRS?

 The implementation date of CSRD is quickly approaching, but how can firms approach the double materiality assessment processes? Position Green recently hosted a webinar to help firms prepare. 
Aiviq, Broadridge link to enhance asset manager data integration

Aiviq, Broadridge link to enhance asset manager data integration

Aiviq, a provider of client-level AUM and asset flow reporting for global asset managers, has partnered with Broadridge. According to Aiviq, the partnership will help...
tech-for-good-closing-insurance-gaps

Tech for Good: closing insurance protection gaps

Insurance protection gaps exist on a global scale, senior insurance executives discuss what the industry can do to improve this and enact a positive social impact.
cloud-native-insurance-platform-novidea-bags-$50m-series-C

Cloud-native insurance platform Novidea bags $50m Series C

Cloud-native insurance platform Novidea has raised $50m in a Series C funding round led by Battery Ventures.
how-insurers-can-successfully-extract-data-from-emails-using-AI

How insurers can successfully extract data from emails using AI

Extracting accurate data from emails can be a challenging task for insurance companies, even with the help of AI. Ushur advocates for what it calls an “ontology-based” approach alongside the use of AI.
The battle of tech in insurance - the metaverse, Gen AI and quantum computing

The battle of tech in insurance – the metaverse, Gen AI and quantum computing

Generative AI, the metaverse and quantum computing are three of the most exciting emerging technologies currently in the market. Rather than being left behind by competition, insurance leaders urge companies to experiment with the technology to explore how they can make the most of it.
1-in-3-women-investors-anticipate-becoming-isa-millionaires

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
CLARA-Analytics-launches-AI-platform-general-liability-claims

CLARA Analytics launches AI platform for general liability claims

CLARA Analytics, a provider of artificial technology (AI) for casualty insurance claims optimisation, has launched an AI platform for general liability claims.
aligned-bags-$5.8m-for-B2B-network

Aligned bags $5.8m for B2B network

Aligned, a company claiming to pioneer the first B2B buyer-seller networker, has raised $5.8m in seed funding.
openly-joins-forces-with-trellis-to-simplify-personal-lines-insurance

Openly joins forces with Trellis to simplify personal lines insurance

Openly, a homeowners insurance provider, has partnered with Trellis, a technology company simplifying distribution of personal lines of insurance.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

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...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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