Search Results for: insurance group

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA
Investment Services News

Jefferies Finance Launches Direct Lending BDC with Anchor Commitment from ADIA

Business Wire
by Business Wire0
Jefferies Credit Partners, a leading private credit manager and the asset management arm of Jefferies Finance LLC, announced the intention to launch a private placement of a business development company (“BDC”) to further enhance its lending capacity in the private credit space. Jefferies Finance is a joint venture of Jefferies......
Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering
Fintech InsurTech News

Securian Canada Selects the FINEOS Platform to Expand Disability Management Offering

Business Wire
by Business Wire0
FINEOS Corporation announced that Securian Canada has selected FINEOS for its disability management claims administration software solution. Securian Canada is a leading insurance provider of innovative, life-ready insurance and protection solutions in Canada. The FINEOS claims administration solution is scheduled to go live this fall to support Securian Canada’s short- and long-term disability......
Artificial Intelligence News

LGBTQ+ Consumers Skeptical AI Like ChatGPT Will Improve Their Financial Experiences, Achieve Survey Finds

PR Newswire
by PR Newswire0
Wide-ranging survey on the personal finance experiences and challenges of the LGBTQ+ community reveals access to financial opportunities is strong, but many consumers still struggle to reach their financial goals In a future where ChatGPT and other forms of generative AI may become ubiquitous in banking, many LGBTQ+ consumers believe they......
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......
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......
Community Bank System, Announces CEO Succession Plan
Banking News

Community Bank System, Announces CEO Succession Plan

Business Wire
by Business Wire0
Community Bank System, announced that Mark E. Tryniski will retire as the Company’s President and Chief Executive Officer (“CEO”) effective as of December 31, 2023. Since August 2006, Mr. Tryniski has served as the President, CEO and Director of the Company and its wholly owned banking subsidiary, Community Bank, N.A.......
Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans
Fintech News

Conning and Its Affiliates to Be Acquired by Generali; Transaction Enhances Firms’ Long-Term Growth Plans

Business Wire
by Business Wire0
Conning and its Affiliates Will Continue to Operate under Current Leadership and Brands New Strategic Support Expected from Generali to Accelerate the Strategy for Conning and its Affiliates Conning’s Partnership with Cathay Life to Continue Conning Holdings Limited (“Conning and its Affiliates1”), a leading global asset manager serving the needs......
HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy
Banking News

HSBC Launches Global Private Banking in India to Serve Fast-Growing Economy

Business Wire
by Business Wire0
HSBC has launched its Global Private Banking (GPB) business in India to serve high-net-worth (HNW) and ultra-high-net-worth (UHNW) professionals, entrepreneurs and their families. The new business is aimed at clients with investable assets of more than $2 million. “Entrepreneurialism and innovation are fuelling both economic growth and significant wealth creation......
Ellington Financial and Great Ajax Announce Definitive Merger Agreement
Investment Services News

Ellington Financial and Great Ajax Announce Definitive Merger Agreement

Business Wire
by Business Wire0
Transaction Increases Scale and Enhances Access to Securitization Markets Ellington Financial Inc., a real estate investment trust investing in a diverse array of financial assets including residential and commercial mortgage loans, and Great Ajax Corp., a real estate investment trust that invests primarily in residential mortgage loans, announced that they have entered......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
by Fintech Staff Writer0
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
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