The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
Company News
Tower partners with HealthCarePlus to provide exclusive insurance products to union members
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.
Experian, a global leader in data and technology, has introduced a new feature in its Insurance Marketplace.
Robeco, an international asset manager, has introduced its latest offering, the Robeco Climate Equities Indices.
In the evolving banking sector, improving customer experience is pivotal. According to industry insights, 85% of financial crime compliance executives are now prioritising customer experience.
Ross McGill, the Chairman and founder of TConsult Ltd, has a profound history in steering the company through two decades of regulatory evolution.
European RegTech investment stats in Q2 2024: RegTech deal activity in Europe fell by 74% for Q2 2024 in YoY comparison
The average deal size decreased by 21% compared to the first quarter of the year
Fortifai, a startup focused on automating and accelerating (ESG) regulatory compliance, announced its arrival to the European RegTech market with a funding round...
Commercial/Enterprise Insurance
Amwins International Underwriting appoints Keith Trivitt as underwriting director for Amplify
Amwins International Underwriting, the London-based underwriting arm of global speciality distributor Amwins, has announced the appointment of Keith Trivitt as underwriting director for its cross-class portfolio solution.
Effective stakeholder engagement is vital for adhering to the EU’s Corporate Sustainability Reporting Directive (CSRD).
Waafi Bank, a Malaysia-based start-up founded in 2020, has chosen The Bank of London, a leading global clearing, agency, and transaction bank, as its banking services provider.
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