Rising costs for information technology infrastructure pose greater concerns for financial services firms than regulation or cyber attacks, a survey showed on Monday. IT costs came second only to macroeconomic concerns such as the impact of quantitative easing, according to …
Insurance Noodle has launched an integrated facility for small financial firms across the United States, bringing together several markets via a single online access point. The Insurance Noodle proprietary technology platform simultaneously markets an account to all carriers and returns …
RSA announced the appointment of Martin Scicluna as its new Chairman. He has “considerable financial services experience having spent over 30 years at Deloitte where he was Chairman from 1995 to 2007,” said the bulletin. “He has also built up …
After 39 years of gathering, collating and disseminating the facts and figures relevant to the global insurance industry the world’s leaders and shakers are finally paying attention to the findings and recommendations of the Geneva Association. “There’s now a growing …
A new survey, released by PricewaterhouseCoopers LLP (PwC) and the Confederation of British Industry (CBI) highlights an “unexpected rise in employment,” as well as growth and “modest optimism” in the UK’s financial services sector, including Britain insurers and brokers. “The …
A survey from London-based Finaccord found that in ten emerging economies, surging car sales have doubled the value of their automotive finance and leasing markets in five years, to reach $182 billion Finaccord said: “The future of the global automotive …
The long-awaited implementation of the Free Trade Pact between the Republic of Korea, or South Korea, and the U.S. (KORUS) is scheduled to go into effect on March 15. The date will see the conclusion of negotiations that began in …
Millbrae, Calif.-based UPA Insurance Brokers has been acquired by Risk Strategies Co., a national insurance brokerage and risk management firm headquartered in Boston. The acquisition was announced on Wednesday. Terms of the deal, which closed on December 31, were not …
The United States criticized China on Monday for failing to fulfill World Trade Organization commitments to open its financial services market, while the European Union and Japan pressed for answers on specific areas of Beijing’s regulations. “While we welcome China’s …
The UK’s Conservative government recently announced the long awaited regulatory reform proposals for financial services, covering both banks and insurers. They are far reaching, and will require changes in the way the UK’s insurance industry is regulated. As a result …
