Search Results for: insurance expertise

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital
Fintech Funding Lending News

Freeport Financial Closes Fifth Direct Lending Fund, Raising $1.5 Billion in Investable Capital

Fintech News Desk
by Fintech News Desk0
Freeport Financial Partners, LLC, a U.S. lower middle market direct lending manager, announced the successful final close of its fifth direct lending fund, Freeport First Lien Loan Fund V, raising $1.5 billion in investable capital including targeted leverage and separately managed accounts investing alongside the fund. Fund V was oversubscribed,......
81% of Global Financiers Say Legacy IT Inhibits Business Change
Business InsurTech News

81% of Global Financiers Say Legacy IT Inhibits Business Change

Fintech News Desk
by Fintech News Desk0
Economist Intelligence Unit uncovered the scale of technical debt in financial services in a report sponsored by Appian Appian reveals that global leaders in financial services and insurance (FSI) believe that legacy IT infrastructure and applications are holding back their business transformation aspirations and automation objectives. These are the findings of......
Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities
Digital Asset Management Fintech News

Prudential Financial Completes Sale to Fortitude Re of $31B Block of Traditional Variable Annuities

Fintech News Desk
by Fintech News Desk0
Marks key step in executing on Prudential’s strategy, while maintaining consistent experience for customers and deepening focus on protected outcome solutions like FlexGuard and FlexGuard Income Demonstrates Fortitude Re’s leadership and expertise in managing a broad array of long-dated insurance liabilities Prudential Financial, Inc. and Fortitude Group Holdings, LLC, the......
NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council
Banking InsurTech News

NAIC Executive Committee Appoints Beth Dwyer to Financial Stability Oversight Council

Fintech News Desk
by Fintech News Desk0
Superintendent Dwyer to represent state insurance regulators nationally The Executive Committee of the National Association of Insurance Commissioners (NAIC) has appointed Beth Dwyer, Superintendent of Banking and Insurance for Rhode Island’s Department of Business Regulation, to serve as NAIC members’ representative on the Financial Stability Oversight Council (FSOC). She will succeed recently retired......
LeapFrog Investments Appoints Dominic Barton, Former McKinsey Global Managing Partner, as Chairman
Investment Services Investments News

LeapFrog Investments Appoints Dominic Barton, Former McKinsey Global Managing Partner, as Chairman

Fintech News Desk
by Fintech News Desk0
New non-executive chairman joins impact investing pioneer as industry sees influx of global talent and institutional capital Dominic will support further scale-up of LeapFrog following $500m commitment from Temasek in 2021, the largest ever commitment to a dedicated impact investor. LeapFrog plans to launch new funds and strengthen commitment to......
DAIM's Use of Trusts Provides Benefits to Digital Asset Owners
Digital Asset Management News

DAIM’s Use of Trusts Provides Benefits to Digital Asset Owners

Fintech News Desk
by Fintech News Desk0
Digital Asset Investment Management, LLC, a leading digital asset management firm recommends using a Trust for protecting, streamlining, and maintaining privacy for your digital assets near and long-term. With the advent of Cryptocurrencies in the past decade plus, owners of digital assets need to utilize the best methods available. Both Cryptocurrencies......
Vertical Relevance Achieves AWS Financial Services Competency Status
Finance News

Vertical Relevance Achieves AWS Financial Services Competency Status

Fintech News Desk
by Fintech News Desk0
Vertical Relevance (VR), a Financial Services focused consulting firm announced that it has achieved Amazon Web Services (AWS) Financial Service Competency status. This designation recognizes Vertical Relevance’s expertise in enabling customers in the financial services industry to effectively utilize the AWS cloud and deliver application functionality to customers quickly and......
Prime Trust Launches Beta for the First All-In-One IRA Solution
Cryptocurrency Digital Asset Management News

Prime Trust Launches Beta for the First API-Supported, All-In-One IRA Solution

Fintech News Desk
by Fintech News Desk0
Through a single integration point, the Prime Trust Crypto IRA gives access to all the tools needed to onboard, fund accounts, and hold or trade crypto with tax benefits Prime Trust, the leading provider of financial infrastructure for fintech and digital asset innovators, announced a beta program for Prime Trust......
Linedata Integrates AI and Prescriptive Analytics Into Its Solutions to Inform Clients’ Decisions
Analytics Artificial Intelligence News

Linedata Integrates AI and Prescriptive Analytics Into Its Solutions to Inform Clients’ Decisions

Fintech News Desk
by Fintech News Desk0
Linedata, a global provider of asset management and credit technology, data and services, announced it has developed two artificial intelligence modules aimed at supporting clients in their decision-making and enhancing productivity in the follow-up of client cases. The new Digital Assistant and Sales Advisor modules, already used by Linedata’s clients......
Western Union Expands in South Korea with ICB
Digital Payments Fintech News

Western Union Expands in South Korea with ICB

Fintech News Desk
by Fintech News Desk0
Customers in South Korea Can Send and Receive Money with the ICB Mobile App Western Union, a global leader in cross-border, cross-currency money movement and payments, announced the launch of its money transfer services with ICB, one of the leading fintech companies in South Korea, offering customers seamless access to......
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