LiquidX Completes First Securitization Facility: USD $125 Million Receivables Portfolio Transaction with NORD/LB Serving as Agent and Funder
- 2 years 3 months ago
- Trade Finance, Credit Cards, Insurance
LiquidX, the global technology solutions provider for working capital, trade finance, and trade credit insurance, has expanded its technology offering to include reporting capabilities for securitization facilities. LiquidX sourced and facilitated a USD $125 million accounts receivable (A/R) finance program for a USD $20 billion company in the Technology Media and Telecom (TMT) sector. The structure achieved true sale recognition through the... more
Revealed: Nearly Three-quarters of Uk Insurance Companies Plan to Increase Premiums in Light of the New Fca Regulations
- 2 years 3 months ago
- Insurance
· Some 77% of businesses are worried about losing customers following the implementation of the new FCA regulations · Yet nearly three quarters (74%) of businesses admitted that despite this, they plan to increase premiums · More than one in five insurers (24%) plan to increase premiums by 61-70%, adding £260-£300 to the UK’s average comprehensive car insurance1 · A third of insurers (32%) plan to differentiate... more
Revealed: Nearly Three-quarters of UK Insurance Companies Plan to Increase Premiums in Light of the New FCA Regulations
- 2 years 3 months ago
- Insurance
· Some 77% of businesses are worried about losing customers following the implementation of the new FCA regulations · Yet nearly three quarters (74%) of businesses admitted that in spite of this, they plan to increase premiums · More than one in five insurers (24%) plan to increase premiums by 61-70%, adding £260-£300 to the UK’s average comprehensive car insurance1
Plum Appoints Five Senior Leaders to Fast-Track Employee Health Insurance in India
- 2 years 3 months ago
- Insurance
Strengthens leadership team to support vision of insuring 10 million by 2024 Plum, an employee health insurance platform, has announced the appointment of five senior leaders - Akshay Golechha as Head of Partnerships, Avinash Nagla as Head of Enterprise Marketing, Ramya Lakshmanan as Head of Account Management, Shreyas Achar as Head of Digital Marketing and Vinod Chandramouli as Vice President of Sales.
New or Known Customers Confirmed - LexID® for Insurance Launches at Point of Quote for U.K. Insurers
- 2 years 3 months ago
- Risk Management, Insurance
Atlanta Group First to Adopt Point of Quote Solution
Vesttoo Adds former Swiss Re Expert Faraz Khan to Drive Insurance Linked Program
- 2 years 3 months ago
- Insurance
Mr. Khan, Swiss Re's former Vice President of Insurance Linked Securities, brings a decade of industry experience to Vesttoo's growing ILP Program
Nium Unveils Industry Predictions for 2022
Experts from global payments and card issuance leader share what’s hot and what’s not in fintech innovation
Broker Insights Raises £6M in Series-A funding Round
- 2 years 4 months ago
- Fundraising News, Insurance
Broker Insights – the high-growth company whose digital platform is transforming the commercial insurance market – has raised more than £6m in a Series A funding round led by Mercia Asset Management.
Plum Launches Lite - Health Benefits Membership for Early Stage Startups, SMEs and Gig Workers
- 2 years 4 months ago
- Insurance
Offers instant activation for teams as small as two; for a monthly subscription as low as Rs 85/ month
LiquidX Joins RiskStream Collaborative™ Blockchain Working Group to Streamline Surety Bonds Power of Attorney Verification
- 2 years 4 months ago
- Blockchain, Trade Finance, Insurance
LiquidX, the global fintech solutions provider for working capital, trade finance, and trade credit insurance, has joined The Institutes RiskStream Collaborative™, the risk management and insurance industry’s largest enterprise-level blockchain consortium, and will participate in a working group serving the surety industry. The aim of the working group is to streamline and digitize the power of attorney registration and verification process... more
VERMEG Launches Software Solution to Connect European Banks Into New Eurosystem Collateral Management System (ECMS)
- 2 years 4 months ago
- Asset Management, Wealth Management, Banking, Insurance
VERMEG, a specialized software house covering three main market segments in financial services - Banking, Wealth and Asset Management and Insurance, announces a new software solution, ‘EASY Collateral by VERMEG’ to enable European Banks to be ready for connection and operation with the new ECMS, which launches in November 2023.
Stonebrook Risk Solutions Partners With Mphasis To Build Disruptive Digital Platform
- 2 years 4 months ago
- IT Innovations, Insurance
The architecture’s state-of-the-art user experience, data security, and performance will allow integration with regional health plans and large-scale partners
Leading US Insurance Broker, SelectQuote, Selects Artificial Solutions for Conversational AI Applications
- 2 years 4 months ago
- Artificial Intelligence, Insurance
Artificial Solutions continues sales momentum by signing new SaaS customer for LUIS^Teneo
Mouro Capital Leads Vesttoo's $15m Series B Round With Participation From MS&AD Ventures
- 2 years 4 months ago
- Fundraising News, Insurance
Global financial and insurance partners’ investment will drive expansion of Vesttoo’s multi-billion-dollar insurance-linked program and the world’s first fully digital marketplace for insurance-based risk transfer and investments Vesttoo CEO: “Mouro Capital and MS&AD see the same opportunity we see: Vesttoo as a global deal pipeline”
Micro Insurance Company and Bikmo Partner to Enhance Cycle-To-Work Schemes in Austria
- 2 years 4 months ago
- Insurance
Micro Insurance Company (MIC) and Bikmo are partnering to provide digital solutions to encourage Cycle to Work schemes in Austria. In this partnership, MIC brings their underwriting expertise, with the ability to create unique solutions for very specific, non-traditional use cases. Bikmo, a European-based insurtech that specializes in bicycle insurance, will control product sales as well as handle the claims process.
