Tag: AI-driven risk assessment

In 2025, the ability to effectively identify Politically Exposed Persons (PEPs) has become crucial in the financial sector's battle against money laundering and corruption. PEPs, due to their influential roles, are at higher risk of engaging in illicit activities.

AI in insurance market is expected to grow from $8.13bn in 2024 to $141.44bn by 2034, driven by investments in AI-powered risk assessment...

Norwegian InsurTech startup 7Analytics, which specialises in flood data analytics, has received an investment from IAG Firemark Ventures, the corporate venture capital arm of...