QBE hires Bannocks as Group Chief Data Officer
QBE Insurance Group has appointed Christopher Bannocks to the new position of Group Chief Data Officer (GCDO).
Tricolor bankruptcy sets up fight for auto lender’s assets after alleged fraud
In the wake of the sudden collapse of subprime auto lender Tricolor Holdings, creditors across the US are scrambling to…
Asset manager launches metaverse fund
Invesco, a global asset manager with $1.6 trillion of assets under management, has launched an investment fund focused on the metaverse.
Palomar successfully completes June reinsurance renewal
Palomar has successfully completed its 1 June reinsurance renewal.
PODCAST: When retail car prices might decrease noticeably
Cherokee Media Group asked Jessica Caldwell of Edmunds a question that undoubtedly many consumers and perhaps some dealerships and finance companies are wondering, too. “Will retail prices for both used and new vehicles ever soften back to what they were … [Read More]
Cybercrime is national security risk – Google Cloud execs detail prevention strategies
Finextra spoke to leaders at Google Cloud: Nick Godfrey, senior director and global head, office of the CISO, and Jamie Collier, lead threat intelligence advisor (Europe), on how cybersecurity has evolved an what new threats are emerging in the financial crime landscape.
Retail closures change property cover needs
Agents and Brokers, Catastrophes, Coronavirus, Emerging Risks, P/C Insurers, Property Alliant Insurance, Arthur J. Gallagher & Co., Marsh & McLennan, Willis Towers Watson
Hybrid wealth platform Wealthpilot raises €8 million
Wealthpilot, a Munich-based provider of consumer financial data agregation software for the wealth management industry, has raised €8 million in fresh capital.
Allstate sees Q2 net income of $301m as Property-Liability segment improves
US primary insurer Allstate has revealed that its net income applicable to common shareholders in Q2 of 2024 was $301 million, up from a net loss of $1.4 billion in the same quarter of 2023, driven by improved Property-Liability underwriting results.
Ramp expands procurement capabilities with Venue acquisition
Finance automation platform Ramp has expanded its procurement capabilities through the acquisition of Sequoia-backed startup Venue. Financial terms were not disclosed.
FSB bids for greater convergence in cyber incident reporting
The Financial Stability Board (FSB) has set out proposals to ensure greater convergence in cyber incident reporting.
Wealth management platform FNZ raises $1.4bn
FNZ has raised $1.4 billion in an equity funding round that values the wealth management platform at more than $20 billion.
Citi under investigation by US federal agencies over Russian oligarch ties – Barron’s
Citigroup is facing investigation from a number of US government agencies for its connections to sanctioned Russian billionaire Suleiman Abusaidovich Kerimov.
Future of auto finance tech: 2023’s revolutionary trends
Last year was a whirlwind in the enterprise tech world, specifically in auto finance, marked by significant shifts and unexpected…