Industry News

Insurance Quantified, a leading commercial property and casualty (P&C) underwriting technology provider, has announced its acquisition of Groundspeed Analytics, renowned for being the market frontrunner in ingestion and data solutions within the commercial P&C industry.

Slice Labs (Slice), a leading innovator in the InsurTech sector, has expanded into seven additional states and the District of Columbia.

ClaimBuddy, a health insurance claim assistance platform, has successfully concluded its Series A funding round, raising $5m.

Honeywell has released a survey stating over 80% of business leaders are confident their firms will comply with disclosure requirements.

COP28, held from 30 November to 12 December 2023, has marked a historic turning point in the global approach to climate change.

Challenger bank N26, in partnership with digital investment app Bitpanda, is launching a crypto trading feature.

Chubb Korea, a publicly traded property and casualty insurance company, has partnered with Korean Air to bolster travel insurance offerings.

AI and AFC: Embracing the new era in financial crime prevention Whether you're just stepping into the world of AI or you're familiar with its intricacies, Resistant AI & Fintrail invite you to dive deep into understanding how AI is poised to redefine the future of financial crime prevention.

In an era marked by rapid technological advancements and evolving regulatory landscapes, the financial services industry faces ever-increasing pressure to maintain robust compliance standards.

In the competitive landscape of banking, customer onboarding emerges as a pivotal phase, with customer due diligence standing at its core. When managed poorly, the onboarding process can deter potential clients, causing banks to miss out on new revenue streams. Conversely, hasty or inaccurate due diligence could lead to the acquisition of customers who pose commercial and reputational risks, potentially incurring hefty regulatory fines.