Tag: Innovation
WTW launches Verita as specialised MGU for tailored industry solutions
WTW has unveiled Verita CSG, Inc., a Managing General Underwriting (MGU) company that is tailored specifically for customised insurance solutions.
UK’s red tape cut: A bold step for post-Brexit growth and...
The UK Government is diving headfirst into a comprehensive review of all regulators within its jurisdiction. Their goal? To eliminate unnecessary bureaucratic obstacles, making the most of the liberties afforded post-Brexit.
The digital transformation of specialty pricing: A deep dive with Hyperexponential
Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.
Israeli FinTech funding on track to half in 2023 as average...
Key Israeli FinTech investment stats in H1 2023:
• Israeli FinTech companies raised a combined investment of $617m during the first six months of 2023,...
InsurTech acquisitions gain momentum growing at a CAGR of 34.6% from...
InsurTech acquisitions have increased in popularity from 2016 to 2022 although incumbent insurers haven’t kept up with the market’s speed. David Wechsler, a principal...
Financial Information Technologies secures strategic investment
Financial Information Technologies, a prominent technology provider that serves the beverage alcohol industry, has announced the receipt of a strategic investment from General Atlantic, a well-known global growth equity firm.
Harnessing the future of InsurTech: Centralised risk data platforms and data...
In the current dynamic InsurTech landscape, the significance of risk data analytics and a centralised risk data platform is undeniable.
Boosting business success: How TAINA powers growth mindset culture
In the dynamic and continually changing startup environment, the cultivation of a growth mindset is key to individual and organisational progress. It also lays the foundation for a cooperative, customer-focused, and high-performing work culture.
NatWest appoints Google veteran to direct innovation
Financial giant NatWest has named David Grunwald, a former Google executive, as the company’s first-ever director of innovation and partnerships.
How innovation can help bolster the AML sector
In an age where cyberattacks and money laundering are becoming more commonplace, the need for cutting-edge tech in fighting this scourge is becoming ever more important.