Industry News

4trans-allianz-trade-partnered-to-boost-EU-SME-funding

Allianz Trade joins 4Trans to boost EU SME funding

4Trans, a FinTech firm specialising in financial products for supply chain and logistics companies, and Allianz Trade, a prominent player in the insurance sector, have embarked on a strategic partnership.
MAS

Singapore’s derivatives market overhaul: Understanding the MAS rewrite

In a significant move set for October 2024, the MAS will implement changes to the over-the-counter (OTC) derivatives reporting requirements.
Chinese

Microsoft uncovers Chinese cyberespionage on US Pacific territory

A Chinese cyberespionage initiative has been detected that focuses on the essential infrastructure within Guam by Microsoft. 

Sebi tightens broker regulations to shield investors from fraud

SEBI, the regulatory authority for securities in India, has unveiled updates to its guidelines aimed at enhancing market integrity and protecting investors.
MAS

Google Cloud, MAS forge partnership to enhance AI capabilities in financial sector

The Monetary Authority of Singapore (MAS) and Google Cloud have partnered to focus on the development and use of Generative AI applications.
HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech unveils AI-driven solutions for real-time event intelligence in IT

HCLTech, through its DRYiCE solution, has launched its latest product, IntelliOps Event Management (HCL IEM), which promises to revolutionize IT operations with its AI-powered...
Biometric credit card reaches next level with SmartMetric's AI integration

Biometric credit card reaches next level with SmartMetric’s AI integration

SmartMetric, a leading innovator in FinTech, is on the cusp of a significant product release. Known for its advanced biometric credit card technology, the company is now enhancing its product offering by integrating artificial intelligence (AI) into the card's electronics.

HSBC sets sights on sustainable finance with climate-focused infrastructure unit

HSBC has announced the creation of the HSBC Infrastructure Finance (HIF), a new division focusing on climate-aligned infrastructure and project financing. According to ESG News,...
japan-post-insurance

Japan Post Insurance partners with KKR and Global Atlantic to diversify growth strategy

Japan Post Insurance, KKR & Co, and Global Atlantic Financial Group, have publicly announced the formation of a strategic partnership. Furthermore, Japan Post Insurance plans to substantiate its investment in a reinsurance co-investment vehicle, pioneered by Global Atlantic.

EU regulator suggests revamp in sustainable investment rules

The ESMA has recently recommended a significant overhaul of the Sustainable Finance Disclosure Regulation (SFDR) within the EU.

News Stories

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division.

Zurich Insurance strengthens APAC leadership team

Zurich Insurance Company has announced a host of new leadership appointments within its Asia-Pacific (APAC) commercial insurance division. Robin Cooper-Driver has been appointed as head...
Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.

Sigo Seguros bags $10.5m to expand car insurance offerings

Sigo Seguros, a car insurance startup focused on underserved communities, has raised $10.5m in a Series A funding round.
Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 

How Simplifai can step-up your insurance claims management

Automation and artificial intelligence (AI) are transforming industries worldwide, and the insurance sector is no exception. For insurance companies, efficiently handling claims and processing large volumes of customer inquiries is a crucial aspect of maintaining customer satisfaction and operational excellence. As the volume of claims increases, insurers are under pressure to find solutions that not only streamline workflows but also improve accuracy and reduce response times. This is where companies like Simplifai can make a difference. 
US RegTech funding growth Q2 2024 driven by $100m deals Norm AI $27m Series A

US RegTech funding grew by 15% in Q2 driven by deals over $100m

Key US RegTech investment stats in Q2 2024: US RegTech investments grew by 15% as larger deals increase due to increasing regulatory complexity and...
As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

How actuaries shape insurance strategy

As the insurance industry rapidly modernises, actuaries are becoming integral to shaping and executing strategic growth plans. With a focus on enhancing risk management, leveraging advanced technologies like AI, and optimising decision-making processes, actuaries are driving innovation across the landscape. Their expertise is crucial in adapting to industry changes and achieving long-term business objectives, underscoring their pivotal role in the future of insurance strategy.

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