Industry News

Clerkie

Financial automation platform Clerkie secures $33m Series A

Clerkie, an AI-powered financial automation platform, has scored $33m in a Series A round headed by Left Lane Capital.
Everest-re-names-new-executive-VP

Everest Re names new executive VP

Everest Re Group, a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has named Mike Mulray as executive vice president and president of North America Insurance, effective immediately.
rates-for-aviation-reinsurance-continue-to-rise-gallagher-re-reports

Rates for aviation reinsurance continue to rise, Gallagher Re reports

Following the Covid-19 pandemic, geopolitical shocks and macroeconomic challenges, rates for aviation reinsurance are continuing to increase, a report from Gallagher Re has revealed.
insurers-are-shifting-focus-to-operational-resilience-autorek-says

Insurers are shifting focus to operational resilience, AutoRek says

Strategic priorities in the global insurance sector are shifting as firms increase their focus on operational resilience, according to new research from AutoRek.
Semgrep

Code security firm Semgrep snaps up $53m

Semgrep, a code security solution designed for engineering-centric security programs, has raised $53m in a Series C funding round.
Rally

Composable checkout platform Rally lands $12m

Rally, a composable checkout platform for ecommerce merchants, has secured $12m in a Series A investment round.
air-doctors-commitment-to-customer-care-a-travellers-story

Air Doctor’s commitment to customer care: a traveller’s story

InsurTech startup Air Doctor recently assisted an attendee at a recent conference who required unexpected medical care.
PayTech Lanistar to launch services in the UK

PayTech Lanistar to launch services in the UK

Lanistar, an online payments company, is expected to launch its services in the UK later this year, following strong growth in Latin America.
Mangopay extends partnership with GiftRound

Mangopay extends partnership with GiftRound

European payment infrastructure developer Mangopay has extended its partnership with gifting platform GiftRound to process all of the platform’s payment flows.
Fractal

On-chain finance startup Fractal bags $6m in seed round

Fractal, an infrastructure provider enabling institutions to clear, settle and margin digital assets on-chain, has scored $6m.

News Stories

Basel IV unpacked: How different jurisdictions are setting their timelines

Different jurisdictions around the world are gearing up to implement Basel IV, each adopting a unique approach that considers local market conditions and regulatory frameworks.

The rising need for automated compliance technology in finance

In the financial services sector, tracking employee compliance such as licensing, registrations, and continuing education is a complex task.
New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers since the Consumer Duty Act was implemented in July 2023.

UK insurance firms struggle to meet Consumer Duty Act expectations

New research from NTT DATA UK&I has unveiled that 82% of UK consumers have not noticed a change in their interactions with insurance providers...
MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.

MAPFRE sees monumental 46% surge in profits for H1 2024

MAPFRE has reported a substantial 46% increase in its net result for the first half of 2024, reaching €462m.
NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

NatWest lands Metro Bank’s £2.4bn mortgage portfolio

NatWest has announced its acquisition of Metro Bank's £2.4bn mortgage portfolio, adding approximately 10,000 customer accounts to its books.

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