Federated learning (FL) is a revolutionary machine learning technique that has emerged as a powerful tool for enabling multiple entities to collaboratively train models while keeping their data decentralized. This approach is especially relevant in the realm of regulatory technology (RegTech),
In the evolving landscape of recreational drone piloting, the necessity for proper protection has never been more pronounced. Moonrock Drone Insurance, recognizing this need, has partnered with Hiscox to extend its comprehensive insurance coverage to hobbyist and recreational drone pilots. This
The newly announced co-insurance partnership between Policy Expert, Bridgehaven, and Accredited marks a significant step in Policy Expert's growth strategy, enabling the company to enhance its capacity portfolio and broaden its product offerings within the insurance sector. This collaboration is
In an era where financial institutions demand cutting-edge solutions that marry innovation with stringent regulatory compliance, Pints.ai has launched a groundbreaking platform known as Autothought. This platform, designed with a privacy-first approach, is set to transform insurance workflow
AXA UK's comprehensive research unveils that over half of respondents feel unprepared to handle potential flooding or heat-related damage, raising critical concerns about the future of England's housing amidst climate change. The study synthesized publicly available data and AXA UK's claims
The financial implications of recent hurricanes on Universal Insurance Holdings are substantial, with expectations of significant gross losses due to three major hurricanes that recently struck the United States. Authored by Kassandra Jimenez-Sanchez and published on October 29, 2024, in
The Vienna Insurance Group has taken a significant step in the cybersecurity landscape by launching CyRiSo, a specialist cybersecurity firm. What sets CyRiSo apart is its dedicated focus on small and medium-sized enterprises (SMEs), offering them tailored solutions to combat cyber threats. Led by
Accredited Insurance Holdings has announced the appointment of Barbara Bufkin and Patricia Roufca as Non-Executive Directors to its Group Board. Bufkin brings with her an extensive career that spans executive roles in reinsurance, specialty insurance, and wholesale distribution. Notable tenures
B.P. Marsh & Partners, the specialist private equity investor, has solidified its confidence in Pantheon Specialty Limited by increasing its equity stake in the company. With a £12.5 million investment, B.P. Marsh has acquired an additional 5% stake, bringing its total shareholding to 37%. This
The latest Hiscox Cyber Readiness Report paints a concerning picture of the escalating cyber threats faced by organizations worldwide, revealing that two-thirds of businesses have experienced a marked increase in cyber incidents over the past year. These rising cyber attacks are not just technical
