Former Aon executive joins new captive management firm
Agents and Brokers, Alternative Risk Transfer/Captives Aon
Hellman & Friedman becomes majority investor in Safe-Guard
Safe-Guard Products International announced this week that it has closed on a majority investment from Hellman & Friedman, one of the world’s largest private equity firms. Specific financial details were not included in a news release from the provider of … [Read More]
Recurring US jobless claims jump to highest since November 2021
Recurring applications for US unemployment benefits rose to the highest since November 2021, extending a sharp increase over the past…
Axis hires former Chubb exec as chief claims officer
Claims Management, P/C Insurers Axis, Chubb Ltd.
Hyundai Capital nears 40% e-funding
Hyundai Capital is nearing 40% in e-funding as the company uses generative AI to make financial decisions more quickly. …
Lightyear launches business investment account
Retail investment platform Lightyear is moving into the small business market, launching UK business accounts and opening access to money market funds for freelancers and sole directors in the UK via a partnership with BlackRock.
Swiss Re updates economic scenarios to navigate evolving risks for re/insurers
Swiss Re’s latest US economic forecasts predict steady global GDP growth and decreasing inflation, but evolving risks could disrupt this outlook, prompting the firm to update its three alternative economic scenarios to reflect current global conditions and enhance the re/insurance industry’s preparedness.
Trust:Live 2023: Evolving digital identity, intelligence and innovation
This week, LexisNexis® Risk Solutions and Finextra Research held Trust:Live 2023, the exclusive in-person event for all fraud and identity decision makers focusing on the latest challenges in establishing trust to protect customers, defend brands, or meet the needs of evolving business models.
Launcher integrates with Truework to provide income & employment verifications
Launcher recently finalized another partnership to help finance companies shore up their underwriting. The technology provider specializing in originations announced an integration of Launcher’s appTRAKER Loan Origination System (LOS) with Truework, which provides immediate access to income and employment data … [Read More]
Verisk and Loveland integrate property claims scoping process
Verisk’s claims-handling solutions, Xactimate, XactAnalysis and Loveland’s IMGING property inspection data platform are to be integrated, simplifying the process of estimate creation for insurance adjustors.
Mastercard debuts Payment Passkeys in India
Mastercard is to debut its Payment Passkey service in India, bringing biometric authentication to online shopping.