Industry News

Youi, a prominent Australian insurance company under the Outsurance Group umbrella, has decided not to renew its aggregate reinsurance for the 2024 financial year, due to the current hard market conditions.

Just Climate, an investment enterprise, was established by the sustainability-centred investment firm, Generation Investment Management.

WealthTech is a highly competitive market that continues to welcome more startups each year. In fact, a recent report from 360 Research Reports claimed that the market size will rise at a 22.69% CAGR, going from $8.1bn in 2021 to $27.8bn by 2027. While a huge market  empowers companies to choose between providers, it can be overwhelming when trying to find the best provider for the job.

Collective Liquidity, a firm that offers financial tools to unicorn shareholders, has concluded its extended Series A financing round.

Business sustainability ratings firm EcoVadis has launched a feature called the EcoVadis Product Carbon Footprint (PCF) Data Exchange.

RegTech firm LexisNexis Risk Solutions has unveiled its annual True Cost of Financial Crime Compliance Report.

Luge Capital, an investment firm focused on the FinTech sector, has secured CA$71m in the inaugural close of its Luge Capital Fund II.

For many insurers, providing a satisfactory customer experience is at the forefront of their ambitions. One such InsurTech is Usher, who prides themselves on their industry-leading solution, Customer Experience Automation (CXA) platform. But why is this solution so groundbreaking? And can it be the silver bullet many carriers need?

The SEC has always been at the forefront of regulating firms, ensuring they maintain good marketing practices. Its risk alerts play an instrumental role, offering firms the much-needed guidance to prepare for impending examinations.

Google has announced the launch of its earthquake alert system for Android devices in India.