Search Results for: insurance sector

Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients
Investment Services News

Deloitte Invests $2 Billion to Accelerate Industry Advantage for its Clients

PR Newswire
by PR Newswire0
This strategic investment creates new approaches to rapidly building industry-focused solutions by leveraging domain experience, coupled with the principles of modern engineering, AI, and cybersecurity. This is designed to help accelerate industry-proficiency programs for Deloitte professionals with a focus on applied technology. As technology rapidly evolves, businesses across industries are......
PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth
Fintech News

PowerPay Completes $118.9 Million Asset-Backed Securitization to Further Growth

PR Newswire
by PR Newswire0
This is PowerPay’s first securitization (PWRP 2024-1). The Company partnered with CapitalOne Securities and Chartway Federal Credit Union, Virginia Beach, VA to achieve this milestone. PowerPay, a leading fintech company specializing in real-time lending and payment solutions for contractors and physicians announced the closing of their inaugural securitization obtained by......
SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023
Finance Fintech News

SecurityScorecard Threat Research: 21% of S&P 500 Companies Reported Breaches in 2023

Business Wire
by Business Wire0
The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information Security Officers (CISOs). According to the latest threat research from SecurityScorecard, 21% of S&P 500 companies experienced breaches in 2023. The new S&P 500 Cyber Threat Report details emerging trends and strategies for Chief Information......
Luma-Financial-Technologies-Announces-a-Collaboration-with-BNY-Mellon’s-Pershing-to-Provide-Next-Level-Annuity-Management-Solutions
Finance Fintech News

Luma Financial Technologies Announces a Collaboration with BNY Mellon’s Pershing to Provide Next-Level Annuity Management Solutions

Business Wire
by Business Wire0
Through Pershing’s award-winning custodial platform, NetX360 ®+, advisors will be able to access Luma’s educational materials, analytics, and suitability tools to help them streamline and manage sales activities for all annuity product types. Luma Financial Technologies (“Luma”), the world’s top independent, multi-issuer, structured products and annuities platform, and BNY Mellon’s......
Voya-Financial-announces-new-collaboration-with-Empathy-to-offer-on-demand-Bereavement-Support-in-the-workplace
Finance Fintech News

Voya Financial announces new collaboration with Empathy to offer on-demand Bereavement Support in the workplace

Business Wire
by Business Wire0
Empathy’s services are now available to employees enrolled in group term life insurance offered by Voya through their employer. Voya Financial, Inc., announced today a new collaboration with Empathy, a comprehensive, on-demand concierge support system that offers bereaved families guidance and support for many of the administrative, emotional, legal and......
$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs
InsurTech News

$50 Billion Opportunity Emerges for Insurers Worldwide From Generative AI’s Potential to Boost Revenues and Take out Costs

PR Newswire
by PR Newswire0
As generative AI continues to evolve, Bain urges insurance companies to take several critical steps to adapt to the fast-developing technology. Insurance businesses worldwide have a $50 billion dollar financial opportunity from generative AI to harness the technology in ways that could boost their revenues by as much as 20% and cut......
GoldenTree-Asset-Management-Announces-$1.3-Billion-in-Commitments-for-Third-CLO-Equity-Fund
Fintech Investments News

GoldenTree Asset Management Announces $1.3 Billion in Commitments for Third CLO Equity Fund

Business Wire
by Business Wire0
GLM III is a continuation of the GoldenTree Loan Management program that began in 2016, bringing aggregate commitments across the entire GLM program to over $2.625 billion. GoldenTree Asset Management (“GoldenTree”), a global asset management firm with over $54 billion in assets under management, today announced the closing of $1.3......
NewRetirement-Raises-$20-Million-in-Series-A-Funding-to-Scale-Enterprise-Partnerships-and-Increase-Access-to-Comprehensive-Financial-Planning
Finance Fintech News

NewRetirement Raises $20 Million in Series A Funding to Scale Enterprise Partnerships and Increase Access to Comprehensive Financial Planning

Business Wire
by Business Wire0
The round was led by Allegis Capital and joined by Ulu Ventures, Nationwide Ventures, Fin Capital, Frontier Venture Capital, Cameron Ventures, Marin Sonoma Impact Ventures, Northwestern Mutual Future Ventures, Plug and Play Ventures and Motley Fool Ventures, bringing the company’s total funding to $20.8 million. NewRetirement, a comprehensive, digital-first financial......
Altruist Offers 5.10% APY with New Cash Accounts–11x the National Average
Finance Fintech News

Altruist Offers 5.10% APY with New Cash Accounts–11x the National Average*

Business Wire
by Business Wire0
In addition to 5.10% APY, Altruist Cash users get access to FDIC insurance through partner banks—up to $1 million for individual accounts and $2 million for joint accounts—and same day transfers. Altruist, the modern custodian for RIAs, launches Altruist Cash, its native cash management solution. The announcement comes just weeks......
Surprise!-Gen-Z’s-Financial-Goals-Align-Well-With-Traditional-Benefits
Finance Fintech News

Surprise! Gen Z’s Financial Goals Align Well With Traditional Benefits

Business Wire
by Business Wire0
The Standard’s latest study looks at HR leaders’ perception of what Gen Z wants from employers and their benefits programs. New research from The Standard shows a disconnect between what employee benefits Gen Zers say they want and what HR leaders think Gen Zers want — with the happy accident......
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