Search Results for: Reinsurer

Castlelake Establishes Reinsurer to Provide Insurance Financing Solutions to Aircraft Asset Buyers
Finance InsurTech News

Castlelake Establishes Reinsurer to Provide Insurance Financing Solutions to Aircraft Asset Buyers

Fintech News Desk
Castlelake, L.P., a global alternative investment manager specializing in asset-backed private credit with 17 years of experience investing in, financing and managing aviation assets, announced the creation of a Bermuda-licensed reinsurance company, Itasca Re Limited (“Itasca Re”), to offer insurance financing solutions to buyers and owners of commercial aircraft assets.......
Accenture Helps French Reinsurer SCOR to Transform Its Finance Function With ServiceNow
Banking Fintech

Accenture Helps French Reinsurer SCOR to Transform Its Finance Function With ServiceNow

Fintech News Desk
Digital Workflow Management Enables Leading Reinsurer to Improve User Experience for Finance Employees Accenture and ServiceNow have helped SCOR, one of the world’s largest reinsurers, to transform its internal finance function by digitizing key business processes to improve workflow management and enable real-time reporting. Previously, many key processes within the......
Banking Blockchain Digital Payments Featured Finance Fintech Investments Security Technology

The Impact of Blockchain on Modern InsurTech

Prajakta Ayade
The insurance industry, while financially robust, is often criticized for its slow and paper-centric processes, lack of transparency, and vulnerability to fraud. InsurTech, the marriage of insurance and technology, has emerged to address these concerns by leveraging digital solutions. However, a new wave of innovation is on the horizon, driven......
Sapiens-Unveils-Enhanced-Reinsurance-and-Analytics-Solution-Catering-to-Evolving-Market-Demands
Finance Fintech News

Sapiens Unveils Enhanced Reinsurance and Analytics Solution Catering to Evolving Market Demands

PR Newswire
Latest version enhances operational efficiency, regulatory reporting, and strategic decision-making with robust business insights Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, today announced the launch of its latest version of Sapiens ReinsuranceMaster. The new release of Version 9 brings a multitude of enhancements......
Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding
InsurTech News

Pioneer in Cyber Insurance in Brazil Receives $1.5 Million Funding

PR Newswire
The investment has already enabled the acquisition of Ismac.io, which developed an innovative Managed Detection and Response (MDR) platform. Bluecyber.insure, a pioneering insurtech in cyber insurance in Brazil, has received a $1.5 million investment from VCs Invisto.com.vc and Bossa Invest, as well as strategic investors from the insurance market. “This investment reflects the......
House of Assembly to Debate Corporate Income Tax for Multinationals with Revenue of €750M+
Finance Fintech News

Government of Bermuda Announced House of Assembly will debate the CIT Act 2023

Business Wire
Proposed legislation is expected to be a Covered Tax under OECD’s global minimum tax (“GMT”) Proposed tax designed to collect revenue otherwise payable under the OECD’s GMT for Multinationals wherever they operate or are domiciled Legislation to be debated in the House of Assembly on Friday, December 15, 2023 Corporate......
Athene Executes Block Reinsurance Transaction in Japan
InsurTech News

Athene Executes Block Reinsurance Transaction

GlobeNewswire
Athene Holding Ltd. (“Athene”), a leading provider of retirement services products, has executed a block reinsurance transaction with FWD Life Insurance Co. Ltd., a Japanese domiciled insurer. Under the terms of the agreement, Athene will reinsure an in-force block of whole life insurance policies. In conjunction with the transaction, Athene......
RiverStone International to Drive Investment Strategy with Clearwater Analytics
Analytics Investment Services News

RiverStone International to Drive Investment Strategy with Clearwater Analytics

PR Newswire
Delivers Greater Transparency for Lloyd’s Reporting and RiverStone International’s Growing Business Clearwater Analytics, a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, announced that RiverStone International, a leading global nonlife run-off insurance business specialist and the largest provider of legacy solutions in the Lloyd’s market, has successfully implemented......
Origami Risk Acquires Dais, Expanding Its Innovative P&C Insurance Solutions
InsurTech News

Origami Risk Acquires Dais, Expanding Its Innovative P&C Insurance Solutions

Business Wire
Origami’s Multi-tenant SaaS Platform and Dais’ No-Code Solutions Propel Speed to Market, Product Creation and Lifecycle Management for MGAs, Insurers and Reinsurers Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, announced it has acquired Dais Technology, a leading provider of no-code insurance technology.......
Agam Capital Advises PFI in Its Formation and Launch of Prismic Life Reinsurance, Ltd.
InsurTech News

Agam Capital Advises PFI in Its Formation and Launch of Prismic Life Reinsurance, Ltd.

Business Wire
Agam Capital (“Agam”), an analytics driven platform strategically partnering with insurance companies to explore opportunities to enhance their financial flexibility, is advising Prudential Financial, Inc. (“PFI”), a US-based global financial services leader and premier active global investment manager, in the formation and launch of Prismic Life Reinsurance, Ltd. (“Prismic”), a......
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