Insurance

11 articles tagged with this keyword

/crypto

Insurers target crypto market

The global insurance industry is turning its attention to the risks posed by cryptocurrencies and digital assets, judging by recent product announcements.

/security

Cyber attacks cost financial firms $12bn says IMF

Financial services firms have been hit with $12bn in losses over the last two decades as a result of cyber attacks, according to a recently published report from the International Monetary Fund (IMF).

/markets

Iosco to examine business models of ever-expanding exchanges

The International Organisation or Securities Commissions (Iosco) has launched a consultation paper to examine the risks associated with the evolving business models of stock exchanges and other market infrastructures.

/predictions

Embedded Finance market to be worth $22bn by 2028

The market for embedded finance is forecast to grow by 148% over the next five years, according to a recently published study.

/security

JPMorgan invests in Eye Security

JPMorgan Chase's growth equity investment unit has led a €36 million Series B funding round for Dutch cybersecurity firm Eye Security.

/retail

US banking platform Oxygen closes customer accounts

American digital banking platform Oxygen is closing customer accounts by the end of March as it pivots towards heath insurance.

/security

Fidelity National Financial services disrupted by cyber incident

Fidelity National Financial has been hit by a "cybersecurity incident" that forced it to block access to systems, leading to business disruptions.

/startups

Tenity buys startup accelerator Hackquarters

Tenity, an early-stage investor in fintech and insurtech firms that has also built up an "innovation ecosystem", has acquired Hackquarters, a startup accelerator with a strong presence in fintech.

/startups

AI fintech Black Ore emerges from stealth with $60m

Black Ore, a startup developing AI tools for financial services firms, has emerged from stealth with $60 million in financing led by a16z and Oak HC/FT, with participation from a host of big-name angel investors.

/people

Monzo hires Brolly founder for push into insurance

Monzo has hired Phoebe Chibuzo Hugh, the founder of digital insurance startup Brolly, to lead a push by the challenger bank into the insurance market.

/retail

Insurtech Wefox secures $55m in fresh funds

Berlin-based insurtech Wefox has raised another $55 million in funding at a $4.5 billion valuation from Deutsche Bank and UniCredit.