Industry News

Specialist Risk Group (SRG), a UK-based group of insurance intermediaries, has acquired mid-market commercial broker Consort Insurance.

JPMorgan (JPM.N) is set to broaden its horizons by introducing its online bank, Chase, to Germany and other countries within the European Union.

AU10TIX, a technology leader in identity verification and management, today announced the launch of an innovative KYB solution.

Wolters Kluwer, a provider of solutions, empowers professionals across various industries, has launched a Regulatory Violations Intelligence Index.

Earlier this month, OpenAI unveiled its latest advancement in the world of generative AI, Sora. Unlike ChatGPT, its previous revolution in the world of generative AI, Sora allows users to build realistic videos from simple text instructions, potentially providing businesses with another tool to transform operations, such as marketing.

Austin-based Socotra, renowned as a next-generation core platform provider for contemporary insurers, and Boston-based Ledgebrook, an InsurTech MGA focusing on the excess and surplus (E&S) market, recently revealed the successful launch of Ledgebrook's novel platform, which is turbo-charged by Socotra Connected Core.

The European Parliament and the Council of the EU have arrived at a provisional political agreement on the key elements of the proposal for a European Digital Identity framework. This signals a major leap in digital identification, creating the foundational structure for a personal digital wallet in the form of a secure and handy mobile application.

FinTech firm Mollie has named Koen Köppen as the company’s new chief executive officer to drive forward the company’s expansion. 

In an exciting development for early-stage FinTech startups globally, Fintech Sandbox has announced a significant expansion of its data access offerings.

Zip, an intake-to-pay platform, has secured $100m in a Series C funding round as well as launch its Zip Intake-to-Pay product.