Visa has entered into advanced discussions to acquire the British financial fraud prevention firm Featurespace for a reported £700 million, marking a significant step in Visa's persistent efforts to improve its arsenal of fraud detection technologies. Established in 2008 and based in Cambridge,
Ascot Group, a Bermuda-based global specialty insurer, has taken a monumental step in the reinsurance sector with the launch of its new capital management platform, Leadline Capital Partners. For an industry always on the lookout for innovative solutions to complex risk management issues,
Rhode Island is taking a significant step towards enhancing cybersecurity in the insurance sector with a new data privacy law set to take effect on January 1, 2025. This landmark legislation requires insurers to establish and maintain a comprehensive written information security program, which must
Navigating the high seas has always come with its fair share of risks, but recent geopolitical conflicts have magnified these dangers. The maritime industry faces multifaceted threats that require comprehensive risk management approaches to ensure the safety and security of commercial vessels and
The intersection of climate change and investment strategies has never been more pertinent. As climate risks become increasingly evident, investors are seeking robust methodologies to integrate these considerations into their decision-making processes. Enter the Physical Climate Risk Assessment
The burgeoning field of insurtech, which is a fusion of insurance and technology designed to modernize the traditional insurance sector, is rapidly changing the way insurance services are offered. Insurtech companies are leveraging advanced technologies like AI and data science to simplify complex
