Nordic Capital is weighing a sale of German regulatory software firm Regnology, in a deal which could value the business at up to 3 billion euros ($3.27 billion), four people familiar with the matter told Reuters. The private equity firm …
Moody’s Analytics has launched RiskIntegrity™ IFRS 17, a cloud-ready solution designed to help insurers report under International Financial Reporting Standard (IFRS) 17, the new standard governing insurance contracts. This new software will support insurers as they work to meet the …
Advent Claims, the insurtech-led claims third party administrator (TPA), announced it has signed an agreement to administer all claims for Aquila Underwriting-backed MGA, Principia Underwriting. Principia, which previously managed claims in-house, will implement Advantage, Advent’s proprietary claims management system, to …
Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators, the global Financial Stability Board (FSB) said on Wednesday. The FSB, which coordinates financial regulation across the Group of 20 …
OutsideIQ, a Canadian startup which uses cognitive computing to analyze data, is partnering with the world’s largest business commerce network, SAP Ariba , to help corporations quickly screen vendors for risk and regulatory compliance, they said. Companies spend a significant …
Investor interest in insurtech is expected “to remain hot across all regions of the world” during 2017, following strong growth in 2016, according to a report published by KPMG. In the coming year, most insurtech investments likely will focus on …
