Industry News

HDI Seguros Colombia, a trailblazer in the insurance sector in Colombia, known for quality service and innovative technological products, and Akur8, a machine learning-powered insurance pricing solution, have announced a partnership to enhance HDI's pricing process in the Colombian market.

ZestyAI, a provider of climate and property risk analytics solutions, has partnered with CSAA Insurance Group for wildfire risk assessment.

Carbon Underwriting Limited (Carbon) the specialist, independent managing general underwriter (MGU), has expanded its underwriting team with two senior hires.

Parker, a New York-based firm that has launched the first charge card for ecommerce, has recently scored $157m in total funding. The raise included...

PetMed Express, an online pet pharmacy, has partnered with pet insurer Pumpkin Insurance to offer a high quality health and wellness insurance solution.

Australian regulator ASIC has issued a stark warning to organisations to ramp up their cyber security measures.

As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.

Acuminor recently described how its Risk Assessment Pro platform helped to change a bank's financial crime risk management. 

Berlin-headquartered RegTech Flagright has announced kevin., which enables businesses to accept payments directly from banks, as its newest customer.

The UK's gig economy workers are continually facing challenges in accessing financial services, according to a recent report.