Anti-scam hotline receives one million calls
More than a million calls have been made to an anti-scam service that gives people a memorable number to contact if they suspect they may be dealing with a fraudster.
iA Financial Group finalises $170m acquisition of Vericity
J.C. Flowers & Co. LLC recently announced the successful sale of Vericity to iA American Holdings, a subsidiary of iA Financial Corporation.
Pimco, Man Group and State Street join forces with tech vendors to build new AM operating model
Pimco, Man Group, IHS Markit, State Street, Microsoft and McKinsey have joined forces to create a new technology company for the asset management industry.
Descartes launches cyber risk parametric solution in France
Insurtech Descartes has announced the launch of Cyber Shutdown Cover, a parametric solution dedicated to cyber risk in France.
Lockton unit takes former broker’s nonsolicitation fight to federal court
Agents and Brokers, Employment Practices Lockton
Monnai raises $6.5m to help fintechs use consumer data
Monnai, a provider of consumer insights infrastructure for financial institutions, has raised $6.5 million in a Series A funding round led by Tiger Global.
Cowbell, Swiss Re partner on cyber coverage
Cyber Risks, Emerging Risks, Reinsurance, Technology Swiss Re
Cyber warfare is not insurable: Munich Re’s Kreuzer
In an interview with Reinsurance News, Martin Kreuzer, Senior Risk Manager for Cyber Risks at Munich Re, emphasised that cyber warfare exceeds the company’s risk appetite, nonetheless, the firm is actively collaborating with governments to exchange ideas around solutions for potential catastrophic cyber war scenarios.
PIB acquires French medical malpractice insurer BEA Group
PIB Group Ltd, a specialist insurance intermediary, has entered the French market with the strategic acquisition of medical malpractice insurance business BEA Group and its subsidiaries.
Tricolor issues $277M social ABS bond
Tricolor Holdings issued its second social bond of the year as the lender eyes further expansion and originations growth. The…
UK startups lacking AI expertise at board level
UK startups and scaleups are being urged to address an absence of AI skills within their boardrooms, according to a recently published report
UK GDP could fall 12% due to nature degradation – Green Finance Institute
According to research from the Green Finance Institute, damage to the natural environment could cause a 12% loss to UK GDP in the future.
EBAday 2023: Fintech Zone finalists announced!
EBAday, the annual event for payments and transaction banking executives, will return on 20th to 21st June 2023 at The IFEMA in Madrid, Spain.