The professional indemnity (PI) insurance market has encountered significant changes as rates dramatically decrease due to mounting competition from new entrants like Managing General Agents (MGAs). According to Clyde & Co's latest report for 2024, which gathered insights from underwriters,
Specialist Risk Group (SRG), a notable insurance intermediary with the backing of Warburg Pincus and Temasek, has announced the acquisition of specialist insurance broker R3 in a move set to boost their portfolio significantly. This acquisition marks SRG's eleventh acquisition in 2024, following
In an era where technological advancements are reshaping industries, the partnership between Fadata and FRISS introduces a groundbreaking approach to risk management and fraud detection in the insurance sector. The integration of Fadata's INSIS platform with FRISS's advanced compliance, risk
The collaboration between MIJS Captive Management, LLC, and International Re (I-RE) aims to revolutionize the insurance landscape for mid-market companies by offering bespoke commercial property and casualty (P&C) insurance solutions. Established within the legal services provider Moore Ingram
KPMG Switzerland has joined forces with LatticeFlow AI in a notable effort to enhance AI risk assessments and compliance frameworks for businesses, focusing on managing the increasing concerns associated with artificial intelligence. This strategic partnership marries KPMG Switzerland’s extensive
The banking industry is at the dawn of an unprecedented transformation driven by Generative Artificial Intelligence (GenAI). This technology promises to reshape core banking functions, significantly enhancing the efficiency and effectiveness of research, risk assessment, and compliance processes.
