Industry News

When we delve into the profiles of notable leaders from bigwigs such as Facebook, Google, Microsoft, or OpenAI, we're often awestruck by their relentless pursuit of innovative products that have transformed lives. Their stories of dedication, resilience, and vision are incredibly motivating, but they often leave us pondering on what concrete, practical insights we can extract from these leaders.

Leading cyber underwriter, Corvus Insurance, recognised for its proprietary AI-driven cyber risk platform, has introduced innovative features driven by artificial intelligence (AI) and natural language processing (NLP) within its Corvus Risk Navigator™.

Commonwealth Bank has embarked on a partnership with Vodafone which aims to bolster defenses against the threat of SMS scams.

Intellect Design Arena, a cloud-agnostic, future-ready FinTech company, has launced its eMACH.ai Cloud for Banks and Credit Unions.

In the data-driven epoch, secure, adaptable, and scalable fraud prevention systems hold immense significance, especially for financial institutions handling sensitive data and massive amounts of money. The scalability of these systems, often overlooked, is crucial not only to handle the present volume of transactions but also to accommodate growth over the upcoming years.

Everest Re Group, a global underwriting leader providing best-in-class property, casualty, and specialty reinsurance and insurance solutions, has named Mike Mulray as executive vice president and president of North America Insurance, effective immediately.

Data security firm ALTR, a Florida-based startup specializing in blockchain-based security tools, has successfully raised $25m.

Nexl, a no-data-entry CRM and revenue operations platform, has reportedly raised $4m in a recent funding round.

J.P Morgan Private Capital has appointed Alex Bell as a partner of its sustainable growth equity platform.

Liberty Mutual Insurance, a global provider of various insurance products and services, has confirmed a definitive agreement to sell its Madrid-headquartered personal lines and small commercial insurance business, Liberty Seguros, S.A., to Generali Group.