Industry News

Massachusetts Mutual Life Insurance Company (MassMutual) has launched a second MM Catalyst Fund (MMCF) of $100m to invest in diverse startups and overlooked businesses across Massachusetts.

The DCMA has launched its CBDC which it claims it strengthens the monetary sovereignty of participating central banks.

Pet InsurTech Kanguro, which is on a mission to reinvent the world of pet insurance, has officially launched its health insurance plans for pets.

Global data analytics provider Verisk has launched a Rating-as-a-Service (RaaS) solution to help insurers develop new commercial lines products.

VoxSmart, a leader in communications surveillance and financial AI solutions, has raised a further $12m in a recent funding round.

Cyfirma, an external threat landscape management company, has raised a pre-Series B round of funding valued at $5.5m.

Three European financial regulatory agencies have announced a series of proposed amendments to the EU’s SFDR. 

The FCA will be among the 13 regulators so far taking part in the first-ever Greenwashing TechSprint that will launch on 5 June this year.

A report from insurance broker Howden has revealed that an increasingly unpredictable threat landscape has elevated strikes, riots and civil commotion (SRCC) risks and hence reduce risk appetite in the political violence (PV) insurance market.

Quality assurance (QA) is an important process for financial services. It ensures products and services are compliant and that they meet customer demands. Aveni, a UK-based RegTech platform, has set out to debunk eight assumptions around QA within financial services.