Industry News

Australian bank CommBank has partnered with the Council of Small Business Organisations Australia (COSBOA) to launch Cyber Wardens, a new project to protect small businesses from cyber threats and scams.

NatWest Group has entered a strategic partnership with the Vodeno Group to create a new banking-as-a-service (BaaS) business in the UK.

Chewy, a platform for pet parents and partners, has expanded its insurance offering with plans provided by the digital insurer Lemonade.

Warren Buffet Berkshire Hathaway has completed its acquisition of insurance company Alleghany.

Digital insurance MGA for recreational boating Ahoy! has partnered with Vantage Recreational Finance (VRF) to provide an embedded insurance programme.

Cyber risk technology developer KYND has released the next generation of its cyber risk management for the managed service providers (MSP) sector.

Gradient AI, a provider of artificial intelligence (AI) solutions in the insurance industry and Duck Creek Technologies have launched a workers’ compensation solutions product.

Amazon have launched the Amazon Insurance Store for UK customers to shop for home insurance in a streamlined and integrated way.

Fenergo, which offers KYC and client lifecycle management solutions, has released a new perpetual KYC solution to streamline periodic review processes.

Combating fraud continues to be a major challenge in the UK. Last year, over £1.3bn was stolen by fraudsters in the UK in 2021, according to Feedzai. However, technology is still making a change.