Search Results for: business insurance

Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences
Banking Finance News

Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences

GlobeNewswire
by GlobeNewswire0
Partnership combines Hazelcast’s real-time data-stream processing capabilities with AArete’s data expertise in the financial services industry Hazelcast, Inc., a global leader of unified real-time data platforms, announced a partnership with global management and technology consulting firm AArete. It will enable financial services firms to optimize banking customer experiences, create internally......
Slide Secures Additional $100 Million Cat Bond with Closing of Purple Re Ltd.
InsurTech News

Slide Secures Additional $100 Million Cat Bond with Closing of Purple Re Ltd.

Business Wire
by Business Wire0
Slide expands its collateralized reinsurance protection with the help of capital market investors Slide Insurance, the full-stack insurtech focused on providing affordable, effective homeowners coverage, announced it has finalized pricing for its latest catastrophe (cat) bond, closing the $100 million Purple Re Ltd. (Series 2023-2). This is the second cat......
Eastern Bank Provides Financing For Raycon Construction, Conversion To An Employee-Owned Company
Banking News

Eastern Bank Provides Financing For Raycon Construction, Conversion To An Employee-Owned Company

Business Wire
by Business Wire0
Eastern Bank is pleased to announce it has provided the financing to facilitate Raycon Construction, LLC’s sale of 100% of its stock to a newly formed Employee Stock Ownership Plan (ESOP). Founded in 2007, Raycon Construction is one of the largest privately-owned concrete construction contractors in the Northeast. Eastern Bank is......
Introducing HipFinity: Pioneering Fintech and Payment Solutions, Exceeding Expectations with an Unmatched Customer Focus
Artificial Intelligence Digital Payments Fintech News

Introducing HipFinity: Pioneering Fintech and Payment Solutions, Exceeding Expectations with an Unmatched Customer Focus

PR Newswire
by PR Newswire0
Today heralds the thrilling launch of HipFinity, a trailblazing brand ready to challenge and reshape the conventional landscape of payment and financial service providers. Rooted firmly in a promise to deliver VIP service, unrivaled security, and straightforward usability, HipFinity is poised to change payments into a seamless and exceptional experience......
Messagepoint Enters into Strategic Partnership with Newbold Advisors
Mortgage News

Messagepoint Enters into Strategic Partnership with Newbold Advisors

Business Wire
by Business Wire0
Messagepoint Inc. announced that it has signed Newbold Advisors as a referral partner for its customer communications management (CCM) solution. Newbold Advisors provides business, technology and staffing consulting and professional services to the mortgage servicing sector and will introduce Messagepoint to clients looking to improve borrower communications operations and experiences.......
Sheridan Capital Partners Fund III Closes at Its Hard Cap of $575 Million
Investment Services News

Sheridan Capital Partners Fund III Closes at Its Hard Cap of $575 Million

Business Wire
by Business Wire0
Sixpoint Partners served as exclusive global placement agent Sixpoint Partners, a leading global investment bank serving the middle market, announced the successful closing of Sheridan Capital Partners Fund III, L.P. (together with its parallel fund, “Fund III” or the “Fund”), at the hard cap with $575 million of total capital......
Customers Bank Onboards Former Signature Venture Banking Team
Banking Finance News

Customers Bank Onboards Former Signature Venture Banking Team

Business Wire
by Business Wire0
Customers Bank, the $21 billion asset subsidiary of Customers Bancorp, announced it has completed the onboarding of a nearly 30-member venture banking team formerly employed by Signature Bank. Initially, this team will handle the transfer and servicing of about 150 loans in Customers Bank’s recently acquired $631 million venture banking......
Amerisure Deploys Guidewire Cloud to Enhance Claims Experience
Cloud InsurTech News

Amerisure Deploys Guidewire Cloud to Enhance Claims Experience

PR Newswire
by PR Newswire0
Michigan-based commercial Property and Casualty (P&C) insurer leveraging ClaimCenter on Guidewire Cloud to increase business agility and deliver more value to agents and policyholders Amerisure Insurance, a leading provider of commercial property and casualty insurance solutions for U.S.-based construction, manufacturing and healthcare businesses, and Guidewire announced that Amerisure successfully deployed Guidewire......
GTCR to Acquire Majority Stake in Worldpay
Digital Payments News

GTCR to Acquire Majority Stake in Worldpay

PR Newswire
by PR Newswire0
Firm partners with FIS and former Worldpay CEO Charles Drucker to acquire leading global provider of payments technology and solutions GTCR, a leading private equity firm, announced that it has signed a definitive agreement to acquire a majority stake in Worldpay, a leading global provider of payment processing solutions, from FIS, a......
British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development
Artificial Intelligence B2B Digital Economy Featured

British Fintech Powerhouse Quantexa to Invest $160 Million in AI Research and Development

Sudipto Ghosh
by Sudipto Ghosh0
UK’s leading financial technology (Fintech) organization, Quantexa has announced a fresh investment of $160.25 million (£125M) into the global AI industry. This investment would improve the abilities of both private enterprises as well government agencies in utilizing the power of AI-enabled solutions for Decision Intelligence and Business analytics. The CEO......
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