The insurance industry is on the cusp of a significant transformation driven by technological advancements and a renewed focus on innovation. As insurers adapt to the rapidly evolving market landscape, their strategies center around agility, customer-centricity, and leveraging cutting-edge
Financeit Canada has announced a significant enhancement of its Securitization Warehouse facility by partnering with Goldman Sachs. This strategic collaboration increases the facility’s capacity by C$200 million, raising the total to C$700 million. The boost is instrumental in elevating Financeit’s
The financial landscape is increasingly recognizing the importance of sustainability in investments. The Financial Conduct Authority (FCA) in the UK has introduced new labels aimed at enhancing transparency and trust in sustainability claims. These labels—Sustainability Focus, Sustainability I
Financial compliance ensures that firms adhere to regulatory requirements, preventing penalties and ensuring smooth operations. This duty is both crucial and arduous given the extensive, ever-evolving regulations. Enter Artificial Intelligence (AI), which promises to transform compliance by
State insurance regulators have recently begun deliberations on new guidelines aimed at tightening control over offshore reinsurance reserves. These efforts have culminated in the Life Actuarial Task Force's proposal of the Asset Adequacy Testing Actuarial Guideline. This initiative seeks to
The rapid evolution of digital commerce has necessitated advanced payment solutions, particularly for businesses engaged in recurring transactions. Acquired.com, a forefront player in next-generation payment solutions, is making substantial strides to cater to these needs. The company's
