ANZ creates ‘AI Immersion Centre’ for executive class
ANZ has partnered with Microsoft to launch an ‘AI Immersion Centre’ for the bank’s leadership team at its Melbourne headquarter offices.
Owners leverage captives to negotiate lower rate hikes
Agents and Brokers, Alternative Risk Transfer/Captives, P/C Insurers, P/C Pricing, Risk Management Marsh & McLennan
AIG appoints Adam Burk as Global Treasurer & Head of Corporate Development
Global insurer American International Group (AIG) has announced the appointment of Adam Burk as Global Treasurer and Head of Corporate Development, alongside his current role as Head of Corporate Development.
Lloyd’s appoints Waystone as investment platform operator
Waystone, an institutional provider of services to the asset management industry, has been chosen as Platform Operator for the Lloyd’s investment platform.
Allianz Commercial prevented £36.8m of insurance fraud in H1
Allianz Commercial is reporting that it has prevented £36.8m worth of insurance fraud in the first six months of the year, with marked increases in the property and casualty sectors.
NEAM forms strategic partnership with Nassau Financial Group for private placements
New England Asset Management, Inc. (NEAM), a provider of insurance investment solutions, announced a strategic partnership with Nassau Financial Group (Nassau), a diversified financial services firm.
Markel hires former insurtech leader for specialty retail role
Agents and Brokers, Auto liability, Excess and Surplus Lines, P/C Insurers, Technology Liberty Mutual
Investing API Atomic raises $25m
Atomic, a US outfit that provide an API to help banks and fintechs integrate investing into their products, has launched with $25 million in Series A funding.
Nissan eyes ‘financial stability’ as U.S. sales rise 13% YoY
Nissan Motor Co. is prioritizing profitable growth amid reports that Chief Financial Officer Stephen Ma is planning to step down…
Powell says Fed could cut rates ‘as soon as’ September meeting
Federal Reserve Chair Jerome Powell said an interest-rate cut could come as soon as September after the US central bank…
Agora Data delves into powersports sector with $12M transaction
Agora Data is now in the powersports business. The consumer fintech company specializing in advanced capital solutions and AI-driven loan performance analytics, has completed a $12 million transaction providing liquidity for Model Finance, a powersports finance company. This move represents … [Read More]
Mosaic promotes Yosha DeLong, hires former Chubb executive
Agents and Brokers, Cyber Risks, P/C Insurers Chubb Ltd., Mosaic, Zurich