Insurance Regulation

FCA Takes Action Over Bidstack Group Insider Trading

Here’s the latest from the FCA for you; The Financial Conduct Authority (FCA) has fined Dipesh Kerai and Bhavesh Hirani for insider dealing in shares of Bidstack Group Plc. Mr Kerai has been fined £52,731 […]

Emerging Risk

Those `Green’ Lithium Batteries Are a Major Shipping Fire Risk

Some insights on Marine risk from Allianz Global; Lithium-ion (Li-ion) batteries are increasingly impacting shipping safety as demonstrated by a number of fires on vessels such as roll-on roll-off (ro-ro) car carriers and container ships. Given the many […]

InsureTech

Sapiens Signs Up Financial Client in South Africa

Sapiens International Corporation today announced that one of South Africa’s top five financial institutions with nearly 10 million customers, has chosen Sapiens as their transformation partner. The financial institution will implement Sapiens’ cloud-hosted,  IDITSuite for short-term […]

InsureTech

Novidea Teams Up With ACORD

Novidea, the global provider of the ‘born-in-the-cloud’ insurance platform that enables brokers, agents, and MGAs to manage and drive growth across the entire distribution lifecycle, recently announced it has joined the ACORD Solutions Group ‘Licensed […]

Life/Health/Critical illness

Healthcare: Oscar Raises $140m in Funding Round

Oscar, the first health insurance company built on a full stack technology platform, announced today that it has closed a $140 million funding round. The round was led by Tiger Global Management, LLC, with participation from Dragoneer, […]

InsureTech

BeyondMinds Raises More Cash to Expand AI Product Development

BeyondMinds, an artificial intelligence startup developing a universally applicable and easily adaptable AI solution, has raised $15 million co-led by leading Israeli venture capital fund Grove Ventures and private investor Marius Nacht. The infusion of funds will […]