US-based investment bank and global custodian BNY has agreed a deal with OpenAI, the creator of generative AI platform ChatGPT, to help with the development of the bank’s proprietary AI platform Eliza.
Catastrophe Modeling, Catastrophes, Excess and Surplus Lines, P/C Insurers Liberty Mutual, The Hartford Insurance Group Inc.
Agents and Brokers, Financial Results, P/C Pricing, Workers Comp Pricing Brown & Brown
In its first venture into spending products, Plum has announced the launch of its degradable debit card, consolidating its position as a comprehensive money app.
Allstate says that it has estimated catastrophe losses for the month of April of $316 million or $250 million, after-tax.
Claims Disputes, Coverage Disputes, P/C Insurers
Floorplan financiers are facing an increase in fraudulent activity alongside an uptick in risky behavior and poor performance by dealerships. …
The European Investment Bank (EIB) has proposed a series of measures designed to strengthen funding for fintechs and startups within Europe.
At the January 1st, 2024, reinsurance renewals, U.S. property catastrophe rates increased by as much as 50% for loss-hit business, primarily driven by record severe convective storm (SCS) activity, reports Gallagher Re.
