From stagnation to transformation: How pricing reshapes the digital landscape for specialty insurers
Digital transformations have spurred exponential profitability across various sectors including ridesharing, retail, banking, and travel. However, according to hyperexponential, despite being a data-rich sector, the insurance industry has been slower in achieving this level of growth.
Six ways tech is revolutionising M&A for insurers
Mergers and acquisitions (M&A) have long been pivotal strategies for growth within the insurance sector, enabling firms to expand their market presence, enter new territories, and secure competitive advantages.
Unlocking the power of free OSINT tools for robust AML operations
Understanding the potency of Open Source Intelligence Tools (OSINT) is crucial for risk management in today's tech-savvy world. Sigma Ratings recently outlined eight free OSINT tools that could be pivotal in streamlining your risk and compliance workflows.
Marsh McLennan’s Guy Carpenter Secures Israeli Market with Re Solutions Purchase
Guy Carpenter, a global leader in risk and reinsurance solutions and a Marsh McLennan business, has announced the completion of its acquisition of Re Solutions, the foremost independent reinsurance broker in Israel. Details of the transaction were not disclosed.
The Radical Fund’s $40m climate tech fund targets early-stage SEA startups
Announcing its first close of a $40m fund, The Radical Fund, a venture capital firm specialising in early-stage investments in the climate tech sector, has made waves in the FinTech industry.
AI innovators ZestyAI and Coterie Insurance team up to revolutionise underwriting process
Today, an exciting partnership has been unveiled between ZestyAI, a pioneering force in climate and property risk analytics backed by artificial intelligence (AI), and Coterie Insurance, an insurtech company highly focused on establishing partnerships and renowned for their innovative use of data and technology in the small business insurance sector.
Overcoming Regulatory Reporting Challenges with MAP FinTech
As the clock ticks down to the adoption of the revised EMIR reporting standards in the EU (April 29, 2024) and the UK (September 30, 2024), understanding and complying with these expanded obligations is crucial.
ESG tops CFO investment priority despite near-term budget cut threats
ESG investment was the top long-term investment priority for CFOs, even though it is the most likely area to experience budget cuts.
Did you hear about these 33 funding rounds this week?
There were 33 funding rounds in the FinTech space this past week, with the biggest deal seeing a whopping £345m investment for business credit...
Bank al Etihad enlists Swiss FinTech NetGuardians to combat fraud risks
NetGuardians, an award-winning Swiss FinTech company, and Bank al Etihad, a premier Jordan-based banking institution, have announced a strategic partnership to combat financial fraud.