Infrastructure/Back-end

Howden Re, the reinsurance and risk advisory arm of Howden, and Moody’s, a global credit rating, research, and risk analysis firm, have launched a new three-month reciprocal early careers talent exchange programme.

Howden Re and Moody’s launch talent exchange programme to boost analytics and client services

Howden Re, the reinsurance and risk advisory arm of Howden, and Moody’s, a global credit rating, research, and risk analysis firm, have launched a new three-month reciprocal early careers talent exchange programme.
Mastering the underwriting process: How to avoid common pitfalls

Mastering the underwriting process: How to avoid common pitfalls

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.
MAPFRE RE, a global reinsurance company, has received official approval from the National Financial Regulatory Administration of the People’s Republic of China to open a new branch in Beijing.

MAPFRE RE obtains approval to open Beijing branch

MAPFRE RE, a global reinsurance company, has received official approval from the National Financial Regulatory Administration of the People’s Republic of China to open a new branch in Beijing.
LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing

LB Forsikring teams up with Akur8 to revolutionise P&C insurance pricing

Akur8, a pioneer in insurance pricing solutions utilising transparent machine learning, has recently partnered with LB Forsikring, a prominent Danish property and casualty (P&C) insurance firm.
Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.

Insurtech UK unveils Roadmap to strengthen the nation’s global insurance status

Insurtech UK has published its Roadmap of recommendations for policy-makers to retain and strengthen the UK's leading global status in insurance innovation.
For medium-to-large businesses, developing new applications can come with a swathe on new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firm's without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.

How Symfa’s Rules Engine project strengthened a US insurance giant

For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.
In today's fast-paced, digital-first world, policyholders demand more transparency, efficiency, and personalised service - meaning that the landscape of insurance claims is long overdue refurbishment. Insurers are responding by leveraging artificial intelligence and data analytics to streamline the claims process, reduce fraud, and enhance customer satisfaction.

Inside the current state of insurance claims

In today's fast-paced, digital-first world, policyholders demand more transparency, efficiency, and personalised service - meaning that the landscape of insurance claims is long overdue refurbishment. Insurers are responding by leveraging artificial intelligence and data analytics to streamline the claims process, reduce fraud, and enhance customer satisfaction.
Trawick International, the worldwide travel insurance specialist, has announced the launch of a new portfolio of international student insurance plans, effective immediately.

Trawick Int’l Launches Student Plans

Trawick International, the worldwide travel insurance specialist, has announced the launch of a new portfolio of international student insurance plans, effective immediately.
Madanes partners with Novidea for a groundbreaking digital overhaul in insurance management

Madanes partners with Novidea for a groundbreaking digital overhaul in insurance management

Madanes Insurance Agency, a leading insurance broker specializing in complex insurance schemes across property, liability, and health sectors, along with risk and claims management, has partnered with Novidea.
Huize makes strategic move into Vietnam with Global Care acquisition

Huize makes strategic move into Vietnam with Global Care acquisition

Huize Holding Limited, a leading insurance technology platform in Asia, has acquired Global Care Consulting Joint Stock Company, a pioneering InsurTech company in Vietnam, specializing in digital transformation solutions for the insurance industry.

News Stories

Strong week in the FinTech sector with $1.7bn raised

FinTech Global this week reported on 21 recorded deals in the FinTech sector, with a strong showing in the reinsurance space bringing the total value recorded over $1bn.

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.
MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

MNT-Halan expands into Turkey with acquisition of Tam Finans

MNT-Halan, Egypt’s largest non-bank financial institution and FinTech, has acquired Tam Finans, a prominent commercial finance company in Turkey.

EU banks and insurers lag in green compliance, PwC study finds

A recent PwC study has uncovered a striking deficiency in the alignment of financial institutions’ activities with the EU's taxonomy for sustainable activities. According...
India

India’s new climate finance taxonomy to propel green transition

India is poised to implement a climate finance taxonomy, as announced by the Minister of Finance, Nirmala Sitharaman, during the annual budget.

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