Emerging technologies such as artificial intelligence, the internet of things (IoT) and blockchain were prominently featured among the winners of the second annual Efma-Accenture Innovation in Insurance awards. Aimed at showcasing the best examples of insurance technology innovations in multiple …
AXA has appointed Richard Benjamins as chief data officer (CDO) of the AXA Group and head of the Data Innovation Lab (DIL), effective May 2. Benjamins will report to Benoît Claveranne, chief transformation officer (CTO) and a member of the …
AXA announced that Jad Ariss, currently CEO of AXA Middle East & Africa, has been appointed group head of Public Affairs & Corporate Responsibility. He will report in his new role to George Stansfield, group general secretary and a member …
Italy’s biggest retail bank Intesa Sanpaolo abandoned plans to join forces with the country’s largest insurer Assicurazioni Generali on Friday, saying a tie-up would not create value for its shareholders. A merger of the two would have created an Italian …
AXA has reached a “critical size” and is ruling out major acquisitions such as Italy’s Generali, the French insurer’s chief executive Thomas Buberl said on Thursday. It is managing risks relating to May’s presidential election in France and raising its …
Allianz SE Chief Executive Officer Oliver Baete has 3 billion euros ($3.2 billion) to spend on acquisitions and is scouting for targets from Australia to Italy. Rushing into a deal would be a mistake, according to some investors and analysts. …
The UK division of French insurer AXA said its travel policies would cover those denied access to the United States due to a U.S. travel ban on people from seven Muslim-majority countries. An executive order by U.S. President Donald Trump …
After years of lagging behind London on spawning financial technology startups, Paris this week hosted a show of force aimed at proving the French capital can catch up as more than 1,500 bankers, investors and entrepreneurs gathered. The Paris Fintech …
Intesa Sanpaolo SpA’s interest in combining with insurer Assicurazioni Generali SpA has no obvious logic to it. If the lender has a cunning plan to make it work, it needs to reveal it. For now, Intesa says simply that it’s …
Marsh, the wholly owned subsidiary of Marsh & McLennan Cos., said it has completed the previously announced acquisition of Bluefin Insurance Group Ltd., a subsidiary of AXA UK plc, from AXA Group. Founded in 2008, Bluefin has approximately 1,500 colleagues …
