Rainforest, an embedded payment provider purpose-built for software platforms, has raised an oversubscribed $29 million Series B funding round led by Matrix Partners and Infinity Ventures with participation from Accel and Tech Square Ventures.
Agents and Brokers, Catastrophes, Current Issue, Insurance-linked Securities, Reinsurance China, European Union, Germany, Middle East/Africa Arthur J. Gallagher & Co., Guy Carpenter & Co., Lockton
Atom Bank and Newcastle University have set aside three years to conduct research on trust in financial services and how companies can design better digital banking services.
The stability and predictability that have defined terrorism insurance for decades is challenged by a rapidly changing threat landscape, calling into question the validity of long-standing assumptions around terrorism events that underpin scenario modelling and pricing strategies.
Favourable first-quarter economic and underwriting results for property & casualty (P&C) insurance are reportedly in line with projections that the sector will see a small underwriting loss in 2024, but achieve profitability in 2025, according to a new forecasting report from Insurance Information Institute (Triple-I) and Milliman, a collaborating partner.
Global reinsurer MAPFRE RE has appointed Alberto Estevez Allegue as Chief Representative Officer of its Representative Office in Tokyo, Japan, effective 1 July 2024.
Last year, the newest progress report on the G20 roadmap for enhancing cross-border payments was released by the Financial Stability Board. Discussing the challenges and optimism since, a panel of payment experts at EBAday provided their insights into the obstacles of interoperability and cohesion.
Agents and Brokers, Catastrophes, Coronavirus, Emerging Risks, P/C Insurers Arthur J. Gallagher & Co., Hub International, Marsh & McLennan
In a recent publication by the Global Federation of Insurance Associations (GFIA), the unique characteristics of the insurance industry have been emphasised, highlighting the need for policymakers to consider these distinctions when formulating future regulations.
HDI Global Specialty, a wholly owned subsidiary of HDI Global and part of the Talanx Group, has acquired Griffin Highline Capital LLC’s share in managing general agency (MGA) Falcon Risk Holdings LLC.
Spain’s Banco Sabadell is hosting its first hackathon, providing competing teams of developers with open access to its bank service API to generate fresh ideas and innovative financial applications.
Bankrupt subprime retailer Tricolor’s 10,000 remaining vehicles may be sold by March 2026 if trustee Anne Burns’ motion is approved….