AXIS Capital Holdings Limited announced that it has agreed to acquire general aviation insurance and reinsurance leader Aviabel, increasing the company’s scale and relevance in the global aviation market. The “Aviabel” brand, including its Dutch brand “NLP” (“Nederlandse Luchtvaartpool”), will be retained as Belgium-based Aviabel supports the continued expansion of AXIS Insurance’s aviation operation globally. AXIS will continue to maintain the company’s locations in Brussels and Amsterdam. The transaction is subject to regulatory approval and other customary closing conditions.
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The construction sector in Sweden has been challenged by undeclared work and tax evasion, which leads to increased insecurity and personal safety risks at workplaces as well as government tax losses. As of January 2016, the law requires construction sites in Sweden to register contractors electronically. The aim is to reduce the incidence of undeclared labor and promote fair competition throughout the industry.
Finimize, the London-based start-up making finance more accessible for millennials, has raised £450k (US$590k) seed funding in a round led by Passion Capital. Other investors in the round include Jason Butler, one of the top 100 financial advisers in the UK and author of The Financial Times Guide to Wealth Management.
Securian Financial Group has added four new annuity solutions to its suite of products designed to help financial advisors meet their clients’ retirement income needs.
“The number of Americans seeking retirement income guarantees increases literally every day,” said Chris Owens, Securian’s national sales vice president for retail life insurance and annuities. “Securian’s new solutions give financial advisors more options to meet this growing need.”
OpenLink, the global leader in trading, treasury and risk management solutions for the energy, commodities, corporate and financial services industries, has won the Energy Risk Asia Awards for both the ‘ETRM and CTRM Software House of the Year’ categories for its dedication to all Asian market participants from startup trading ventures to large companies.
Verifone, a global provider of payments and commerce solutions announced that Dagrofa, Denmark’s third largest retail company, and REMA 1000, the country’s fastest growing discount chain, have recently selected Verifone to enable more options for the way consumers shop and pay in their stores. Dagrofa and REMA 1000 represent significant wins and growing market share for Verifone.
Reckon Software today announces that the new free Reckon One App is now available for download on iOS and Android devices. The Reckon One App gives all the key functionality of the desktop version on the move.
Tagetik, a leader in global performance management software solutions, furthers its commitment to providing the Office of Finance with a powerful, scalable and intuitive platform for managing financial processes, performance, and reporting. Tagetik’s focus on improving collaboration, within and outside the office of finance, was originally highlighted by its innovative Collaborative Disclosure Management (CDM) product that intuitively incorporates collaboration and workflow in
Today the role of the custodian in Africa has evolved. This is especially evident in the way custodians are focusing on meeting both business and client needs to initiate and enable development of the continent’s capital markets.
Access National Bank is pleased to announce the opening of our new Alexandria Banking Center, located in the Carlyle District at 2050 Ballenger Avenue — steps away from the US Eastern District Courthouse and the USPTO main campus. The new office officially opened for business on November 22.