Wefox to replace CEO as board snubs sale proposal
Wefox, the German insurance startup, is set to replace CEO Mark Hartigan by the end of the year.
Combatting cargo theft: The power of CDL Scanners in protecting freight
Cargo theft is soaring, with no sign of decline in sight. In 2023 alone, the U.S. faced losses of $130m due to cargo theft, and experts suspect the actual figure to be even higher. Fraudsters are becoming increasingly innovative in their methods, now exploiting the freight bidding process on load boards to secure loads, among other scams.
How Symfa’s Rules Engine project strengthened a US insurance giant
For medium-to-large businesses, developing new applications can come with a swathe of new challenges. One key issue revolves around creating workflows for dozens of business applications - and the difficulties that can involve for firms without serious coding expertise. When a leading US insurance business faced this issue, Symfa stepped in to build a micro low-code platform to help insurance business users change business logic fast and easily.
Allica Bank partners with Westcor International to launch title indemnity insurance and cut application...
Allica Bank, a UK-based bank specialising in supporting established SMEs, has entered into a partnership with Westcor Internationa to launch their Perfect Title insurance product across its commercial mortgage range starting from 1st July 2024.
Raincoat, pioneering AI climate insurance in Puerto Rico, clinches $150k
Raincoat, a startup based in Puerto Rico, has received a significant financial boost with a $150k award from Google.
Balancing technology and empathy: A guide to supporting vulnerable customers
In the wake of escalating living costs, contact centres have become crucial lifelines, particularly for vulnerable customers requiring support across utilities, healthcare, and housing sectors. This enhanced reliance on contact centres underscores their pivotal role in delivering responsible and sensitive services.
Ushur and mortgage giant team up: A leap towards eco-friendly paperless solutions
One of America's largest mortgage servicers has been facing a significant challenge. The company, which was established in the early 1990s and operates across...
Lloyd’s launches new Canadian fixed income fund with Fiera Capital
Lloyd’s, a global leader in the insurance market, has announced the launch of its new Canadian Core Fixed Income Solution on the Lloyd’s Investment Platform.
London-based InsurTech Bondaval unveils new trade credit insurance solution
Bondaval, a leading London-based InsurTech, has announced the release of its first trade credit insurance product.
Slide Insurance raises $175m to boost hurricane preparedness and growth
Slide Insurance, an InsurTech company specialising in homeowners insurance, has secured a $175m senior credit facility.