Category : InsurTech

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Climate Risk Hedging In Real Time: Fintech Tools For A Planet In Flux

Fintech Staff Writer
Climate change, not regular cycles of expansion and contraction, is what will characterize the next period of the world’s financial systems. The changing climate of the Earth is having a direct effect on the world economy. For example, Canada has experienced record-breaking wildfires, Asia has witnessed severe floods, and Africa......
Finance InsurTech News

Joe Valerio Joins The Baldwin Group as Chief Operating Officer, Insurance Advisory Solutions

Business Wire
The Baldwin Group (“Baldwin” or the “Company”) announced that Joe Valerio will be joining the firm as Chief Operating Officer (COO), Insurance Advisory Solutions (IAS), the firm’s retail property and casualty and employee benefits brokerage business. Read More on Fintech : Global Fintech Interview with Mike Lynch, Principal, AI Strategy and Finance......
InsurTech News

TWFG, Inc. Acquires Alabama Insurance Agency, Inc. Expanding Its Southeastern Footprint

GlobeNewswire
TWFG, Inc., a leading independent insurance distribution platform, announced that it has acquired Alabama Insurance Agency, Inc., and its 20 affiliated locations across the state. This strategic acquisition strengthens TWFG’s presence in the Southeastern United States and reinforces its commitment to delivering personalized insurance solutions through a growing network of......
Finance InsurTech News

ReSource Pro Acquires Supportive Insurance Services, Expands Compliance Leadership Across Insurance Licensing and Regulatory Services

Business Wire
The acquisition brings together leading compliance providers, strengthening end-to-end licensing, tax, and surplus lines capabilities for insurance organizations. ReSource Pro, a leading strategic operations partner serving the insurance industry, announced the acquisition of Supportive Insurance Services (SIS), a recognized leader in licensing and renewal services. With decades of expertise, SIS......
Fintech InsurTech News

HIPAA-Compliant Accounting Software Accelerates U.S. Financial Data Security Transformation

EIN Presswire
U.S. industries adopt HIPAA-compliant accounting software to ensure data security, compliance, and trust in modern finance. Industries across the United States are modernizing their accounting systems to reinforce data protection and meet regulatory demands. HIPAA’s influence has expanded well beyond healthcare, reaching sectors such as accounting, payroll, and insurance—areas where......
InsurTech Investment Services News

Onex Announces Transformational Investment and New Strategic Relationship to Drive Enterprise Growth and Shareholder Value

GlobeNewswire
Onex and AIG to acquire Convex, a leading specialty property and casualty (re)insurer that has delivered industry leading growth and strong underwriting profitability, for $7 billion. Onex to own 63% of Convex, AIG to own 35%, with the balance owned by the Convex management team. AIG to acquire a 9.9%......
Finance InsurTech News

AccuPoint Solutions Appoints Kelly Gormley as Vice President of Client Relations & Sales

EIN Presswire
Gormley to focus on New Client Acquisition. AccuPoint Solutions – an innovative technology company specializing in industry data services, focused on insurance agents, insurance agencies, financial advisors, and advisory firms –  announced that financial services veteran Kelly Gormley has joined the firm to serve as Vice President of Client Relations......
Finance InsurTech News

Axonic Insurance Secures a $210 Million Preferred Equity Investment from LuminArx and Deutsche Bank

Business Wire
Strategic capital supports Axonic Insurance’s continued annuity product innovation and global distribution expansion Axonic Insurance, a global annuity and insurance platform, announced a $210 million preferred equity investment led by LuminArx Capital Management (“LuminArx”), a global capital solutions provider, with participation from Deutsche Bank. Read More on Fintech : Global Fintech Interview......
Finance InsurTech News

Arch Global Services India Opens New Office in Trivandrum to Drive Innovation

Business Wire
New Location, Combined with Recent Hyderabad Opening, Reinforces Arch’s Commitment to Becoming a Meaningful Employer in India Arch Global Services India announced the grand opening of its new office in Trivandrum’s Technopark. Read More on Fintech : Global Fintech Interview With Justin Meretab, Co‑Founder and CEO of Layer “Arch is committed to......
Fintech InsurTech News

Trust Stamp Joins Founders Arena to Accelerate Its Financial Services Growth

GlobeNewswire
After reaching 100 financial service customers, Trust Stamp pushes to expand the use of its privacy-enhancing technologies into the WealthTech Sector Trust Stamp (Nasdaq: IDAI), a global provider of AI-powered Privacy Enhancing Technologies (PETs), announced that it has joined the Founders Arena, a leading startup accelerator in the WealthTech sector.......
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