Moneyfarm names ex-Virgin Money CEO Dame Jayne-Anne Gadhia chair
UK digital wealth manager Moneyfarm has appointed former Virgin Money CEO and Snoop founder Dame Jayne-Anne Gadhia chair.
Socure details depth of first-party fraud
Dealerships and finance companies likely are quite aware of fraud committed by organized individuals and rings of experts who steal credit information to create synthetic IDs. But new research from Socure highlighted the depth of first-party fraud being done by … [Read More]
Howden: “Cyber cover cost doubles in less than a year”
Howden’s newest annual report on cyber reveals that higher loss frequency and severity from ransomware have caused such an extreme supply-demand imbalance the average cost of cover is more than double what it was last year.
Florida officials lash back as Demotech writes to 17 insurers over potential downgrades
Rating agency Demotech sent a letter to 17 Floridian insurers on Tuesday explaining that they are likely to have their A ratings downgraded on July 26th, a move the Florida Office of Insurance Regulation (OIR) describes as an “example of inconsistent, monopolistic power of a select rating agency”.
Ciocca Automotive highlights how Assurant has helped its stores in F&I and beyond
Two top executives from Ciocca Automotive, a growing automotive group with 54 dealerships in New Jersey and Pennsylvania, recently described what the partnership with Assurant has done for their dealerships’ F&I performance and other parts of the retailer. “We’re already … [Read More]
Revolut launches stocks and shares ISAs and ETF investment options
Revolut has launched Stocks and Shares ISAs and UK-listed Exchange-Traded Funds (ETFs) as it expands investment options for customers in the UK.
The Hartford’s quarterly profit jumps on strong premium growth
Financial Results, P/C Insurers The Hartford Insurance Group Inc.
Beazley creates North American Commercial Property team, appoints regional leaders
Specialist re/insurer Beazley has announced that it has restructured its Large Commercial Property along with its Canadian and E&S Property teams to create a single North American Commercial Property Team.
GCube promotes Josh Shimali and hires Olly Litterick
GCube has appointed two people to senior positions within the organisation as part of its move to strengthen the company’s strategy.
Insurance industry remained buyer friendly in Q1’25, providing much-needed stability: Aon
Aon, the global insurance and reinsurance broking group, has disclosed that the insurance industry was buyer-friendly throughout the first quarter of 2025, providing much-needed stability.
Wagestream raises £17.5m
Financial wellbeing app Wagestream has raised £17.5 million in a funding round joined by a British Business Bank subsidiary.
Lithia Motors’ captive sees originations up 16.8% YoY
Driveway Finance Corp., Lithia Motors’ finance arm, grew originations 16.8% year over year in the fourth quarter. Driveway Finance Corp.’s…
Nevis raises $35m to build AI for wealth management
Nevis, a startup founded by former Revolut executives, has raised $35 million in Series A funding to build an AI platform for wealth management.
AJ Gallagher acquires retail insurance broker Shepard
Arthur J. Gallagher & Co., a global insurance brokerage, risk management, and consulting services firm, has announced its acquisition of Shepard Insurance Group, based in Old Greenwich, Connecticut.