The Casualty Actuarial Society (CAS) has recently published an insightful new monograph entitled "Penalized Regression and Lasso Credibility."
Delos Insurance Solutions, a property insurance MGA, has successfully closed a $9m Series A funding round.
OpenOrigins, the startup redefining trust in digital media, has secured a significant $4.5m in seed funding.
World Health Energy, known as WHEN Group, a key player in telecom and cybersecurity, has recently announced a significant investment in TerraZone. during August 2024, a pioneering force in the global cybersecurity landscape.
In today's fast-paced business environment, compliance teams often grapple with the immense challenge of managing a labyrinth of policies and procedures. Enter Ask ARIA Co-pilot from 4CRisk, an AI-powered assistant designed to revolutionise the way compliance and risk management teams operate. Unlike traditional chatbots, Ask ARIA leverages advanced language models and extensive databases to provide precise and instant answers to...
Bugcrowd, a pioneer in crowdsourced cybersecurity solutions, has secured a significant $50m growth capital facility from Silicon Valley Bank (SVB), a division of First Citizens Bank.
Flueid, a pioneer in the real estate technology sector, has successfully raised $8.3m in growth financing.
Notice Ninja, an industry leader in tax notice management automation, has announced a strategic investment from Prospero Capital Ventures.
Germany has designated DZ BANK AG and Deutsche Bank as the joint ESG coordinators for its forthcoming revision of the Green Bond Framework, set for release in 2025. According to ESG News, this decision underscores Germany's commitment to enhancing its already significant influence in the realm of sustainable finance. Since launching its first green bond in August 2020, Germany has...
Company News
2024 insurance trends: Earnix report reveals insurers lagging in AI and tech modernisation
The 2024 Earnix Industry Trends Report has revealed that the insurance sector faces pressing challenges with AI adoption, legacy system modernisation, and compliance pressures. Earnix’s survey of 431 insurance executives shows 70% of insurers plan to deploy predictive AI models within two years, yet fewer than 30% have fully implemented AI today. This gap underscores the slow progress in transitioning from...
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