Legacy infrastructure cannot keep pace with the continuous automation, changing regulatory demands, dynamic market conditions and growing customer expectations in the financial services industry today, particularly in capital markets. Firms have started to realise the opportunities that come with cloud, redesigning operating models and implementing cost-saving measures to increase efficiency.
Starling Bank is reinforcing its environmental credentials with a marketing campaign that will see 100 electric vehicle chargepoints wrapped in the bank’s branding.
The global insurance and reinsurance markets are “all in this together” and as discipline and innovation drive relevance in an increasingly uncertain world, it’s vital that the industry has sustainable margins and responsible structures, and doesn’t forget past mistakes.
Canopius Group has appointed Paul Western as head of US casualty treaty, effective immediately.
Cyber Risks, Emerging Risks, Technology United Kingdom
Catastrophes, Financial Results, P/C Insurers AIG
In a letter to Chief Executive Officers (CEOs), the Bank of England (BoE) has said that it continues to “pay close attention to the role of funded reinsurance in the UK life market,” amid continued growth in the country’s life insurance sector and strong demand in the bulk purchase annuity (BPA) market.
Electric vehicle sales jumped at most major automakers in October, contributing to an uptick in overall sales at some, but…
AXA XL has appointed Ravi Pachai to be its new chief risk officer for Bermuda and North America, Reinsurance.
Agents and Brokers, P/C Insurers Marsh & McLennan
About the Expert Bruce Newmark has spent decades in the auto finance industry, coming into the industry through a finance…
Digital wealgh manager Moneyfarm is to raises £44.1 million through a private placement that will see M&G acquire a minority stake in the company.
The introduction of the Digital Operational Resilience Act (DORA) in 2022 marked a pivotal shift, requiring financial institutions to bolster their ability to withstand and recover from a range of cyber and operational disruptions. The upcoming NextGen Nordics 2025 event at the Münchenbryggeriet in Stockholm, Sweden, on 29 April 2025 promises to be a unique platform for banking professionals and industry leaders to explore how DORA is reshaping the financial ecosystem, focusing on operational resilience, cybersecurity, and the future of innovation in the sector.
Cowbell Cyber, the cyber insurance provider for small and medium-sized enterprises, has announced an agreement with Palomar Excess & Surplus Insurance Company to double the available reinsurance capacity for Cowbell Prime 250, Cowbell’s cyber coverage for businesses with up to $250 million in revenue.