Sector Updates

VakıfBank stands as Turkey’s second-largest bank concerning asset size and loans. With a robust approach, the bank provides state-of-the-art products and services for corporate, commercial, and individual banking sectors. Adhering to modern banking standards, VakıfBank is paving the way for a higher savings rate in Turkey.

Cytora is pleased to announce an integration with CAPE Analytics, in a bid to enhance insurers’ capabilities to assess and manage risks associated with commercial properties.

Aon, a globally renowned professional services firm, has forged an alliance with Rubrik, the front-runner in Zero Trust Data Security.

Burns & Wilcox has welcomed Bob Quillman and Doug Legters, who will be taking on the positions of Regional VPs on its executive team.

Akur8, a firm specialising in next-generation insurance pricing via Transparent AI, has successfully closed a new funding round to the tune of $25m.

Frontier Risk, a digital broker dedicated to the cannabis sector, announced that it has secured $3m in its seed funding round led by led by Snoop Dogg’s Casa Verde.

Markel Bermuda Limited (MBL) has been appointed to the statutory committee of unsecured creditors in the U.S. Chapter 11 bankruptcy of InsurTech Vesttoo.

The Loss Control Maturity Model has transformed the way companies think about their processes, particularly with the introduction of FinTech solutions. Risk Control Technologies has garnered insights from over 150 customers. It has found that the majority of loss control departments could have benefitted from a software platform much earlier than they realised. The primary challenge? Many didn't know where or how to initiate the journey.

In today's digital age, document scanning has become a critical tool for both individuals and businesses. But not every scanning solution is created equal. Scanbot SDK has outlined what you need to know when integrating scanning software into your mobile or web application.

AXA XL has named Lucy Pilko as the Chief Executive Officer for the company’s insurance operations in the Americas.