Industry News

Insurance firm Duck Creek Technologies has recently announced its foray into the Indian general insurance market.

Feedzai, a frontrunner in the application of AI to combat financial crime, has linked with UK Finance for the second year running on a report.

Revelstoke Security, the creator of a security orchestration, automation and response platform, has secured $20m in a Series B funding round.

Athene Holding Ltd., a prominent financial services company specialising in retirement services, has recently disclosed its agreement to sell $600m of 5.875% senior unsecured...

CDP and the EFRAG have embarked on a new agreement to enhance the alignment of CDP's disclosure system with the EU's ESRS.

The evolution from manual to automated systems in the insurance industry marks a significant leap towards efficiency and precision. This transition, driven by the need to overcome the limitations of traditional underwriting methods, has paved the way for a new era of insurance operations. An automated underwriting system stands at the forefront of this transformation, leveraging advanced analytics and algorithms to streamline decision-making and risk assessment processes.

In the realm of financial and environmental sustainability, conducting a double materiality assessment (DMA) is a crucial initial step for businesses.

In the rapidly evolving sectors of finance and governance, managing risk amidst vast, global networks of individuals and organizations is crucial. Leaders tasked with overseeing institutional risk exposure are increasingly looking towards innovative solutions to balance growth and risk management effectively. Enter Large Language Models (LLMs) like GPT-4 – the new frontier in AI, sparking a revolution in fields such as natural language processing (NLP). Despite the inherent risks associated with emerging technologies, the potential of LLMs to significantly contribute to future risk assessment products is becoming increasingly evident.

Nav, a prominent player in the small business financial health platform, has officially announced its acquisition of Tillful.

The UK’s Financial Conduct Authority (FCA) has fined another financial institution for anti-money laundering (AML) failings.