Google Cloud launches AI-powered AML tech
Google Cloud has developed an AI-powered product designed to help global financial institutions more effectively and efficiently detect money laundering.
ING trials carbon tracking app from Cogo
ING is to trial a carbon footprint tracking app from fintech Cogo with 350,000 mobile customers.
WTW, Kayna, and Vibrant partner for vendor cybersecurity insurance
Global broker WTW has announced a partnership with Kayna, an embedded insurance infrastructure platform, and Vibrant to support third-party vendor cybersecurity insurance compliance.
AXA Commercial hires Mike Crane to lead SME and specialty business
AXA’s Commercial unit has hired Mike Crane as SME & Specialty Director, effective January 2025.
Zurich names head of excess and surplus financial lines
Agents and Brokers, Excess and Surplus Lines CNA, Zurich
WTW strengthens CRB NA team with three new hires
Global re/insurance broker, WTW, has announced the addition of three strategic hires, within the Private Equity and Transactional Solutions team, which include Daniel Kesack as Director of Contingent Solutions, Shirley Chin as Head of Tax Insurance, and Steven Kolos as Director of Transactional Solutions.
Reinsurance capital for 2024 revised down slightly: A.M. Best
Insurance-linked Securities, Reinsurance Guy Carpenter & Co.
Ian, inflation complicating property reinsurance market: Experts
Catastrophe Modeling, Catastrophes, P/C Insurers, Property, Reinsurance Aon, Guy Carpenter & Co., Munich Re
Tesco Bank embarks on tech staff hiring spree
The banking arm of UK Supermarket giant Tesco is creating 120 technology jobs in Edinburgh and Newcastle.
VantageScore spots delinquency trend not seen in 4 years
Federal Reserve chair Jerome Powell has acknowledged multiple times that, “My colleagues and I are acutely aware that high inflation imposes significant hardship as it erodes purchasing power, especially for those least able to meet the higher costs of essentials … [Read More]
AssuredPartners’ purchase of Florida agency marks 500th acquisition
Agents and Brokers, Mergers and Acquisitions
FCA aims to rebuild trust in ESG ratings
The UK’s Financial Conduct Authority has set out proposals to rebuild trust in ESG ratings with the introduction of new rules governing transparency and governance.
Mercedes-Benz to launch new fraud-prevention tool
Mercedes-Benz Financial Services USA is developing a tool to stop the automatic approval of auto loan applications with a high…