Global insurance trends

Mosaic Working With Safe Security on Cyber Risks

Mosaic Insurance has launched a pioneering platform powered by California-based Safe Security to help underwriters evaluate cyber risk for brokers and insureds. Mosaic leverages Safe Security’s award-winning cyber risk assessment platform, SAFE, which offers a real-time view of […]

Insurance Brokers

Smart Tracker Syndicate 5623 Gets The Green Light

Beazley’s Smart Tracker Syndicate 5623 has been granted full syndicate status by Lloyd’s, effective 1 January 2023, the syndicate previously operated under a Special Purpose Arrangement (SPA). The pure follow syndicate is backed by third-party […]

InsureTech

FintechOS Sees Revenues Jump By 300%

FintechOS, the global leader in fintech enablement, has announced its insurance revenue has increased by 300% YoY. This revenue growth has been driven by winning major new clients, such as Admiral Insurance Group, and expanding […]

Artificial Intelligence

5 Innovations At New Online Casinos

The online casino industry keeps evolving with each passing of the day, and with the advent of technology, the evolution can never stall. However, it’s essential to note that the innovation in online casinos is […]

InsureTech

Fed Up With Entering The Same Data Several Times? Supercede Are On It

Let’s be honest having to enter the same data in different places during a reinsurance process is a waste of time – and money. So anything insurance brands can do to avoid multiple or duplicate […]

Legal

PI Claims: Inflation Moves FRC Rates Upwards

ACSO lobbying has brought about policy changes in Civil Justice, as the minutes of the latest meeting of the CPRC, published yesterday, reveal. https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1122232/cprc-4-november-2022-minutes.pdf Matthew Maxwell Scott, executive director of ACSO, said that CPRC minutes […]

Global insurance trends

Deals: Sapiens Deploys IDITSuite With bolttech

Sapiens International Corporation, today announced the deployment of its cloud-first P&C core platform IDITSuite, in addition to the Data Analytics platform Sapiens Intelligence, with bolttech, a major international insurtech. bolttech’s legacy systems for its Hong Kong general […]

Insurance Regulation

FCA Fines Three Stockbroking Firms Over £4.7m

Latest update from the FCA; The Financial Conduct Authority (FCA) has fined BGC Brokers LP, GFI Brokers Limited and GFI Securities Limited (together, BGC/GFI) £4,775,200 for failing to ensure they had appropriate systems and controls […]