Industry News

As COP27 takes place, it is a reminder of how interweaved ESG will be in the future of the financial marketplace. KYND, a cyber risk technology developer, has released a report exploring the unsung hero of ESG – cyber risk.

Quona Capital, an emerging markets venture capital firm, has closed its Fund III at $332m, which it plans to use to fund financial inclusion in emerging markets.

SageSure, a provider of catastrophe-exposed property insurance, has partnered with Goosehead, an independent personal lines insurance agency, to launch an insurance carrier for protect homeowners in coastal states.

Rhino, a real estate technology company and “pioneer of security deposit insurance”, has partnered with insurance carriers and reinsurers Ally Insurance, ReAlign and Clear Blue Insurance Group.

It is no secret the economic situation is in a bit of turmoil. People face a cost-of-living crisis and having just recovered from the impact of the pandemic, businesses are once again preparing for a tough market where survival is a priority. SME lending is their saviour. 

ION, which develops a plethora of financial software to transform workflows, has expanded its cleared derivatives offering.

Insurance carrier Nationwide has partnered with Quanturi to deploy its HAYTECH agricultural technology solution to help protect agricultural losses.

Marsh McLennan Agency (MMA), a subsidiary of Marsh, has acquired Focus Insurance, a personal insurance brokerage firm based in Texas.

CoreLogic, a global property information, analytics and data-enabled solutions provider, has been selected by Zurich Insurance UK to enhance claims operations.

Canadian cyber insurance company BOXX Insurance has acquired cyber threat intelligence platform Templarbit for an undisclosed amount.