News

Applied Systems, the world’s largest provider of insurance agency and brokerage management systems (AMS/BMS), has entered into a definitive agreement to acquire Indio Technologies, a US-based technology solution for the insurance application and renewal process. The acquisition will help Applied...

German insurance technology firm Wefox said on it had attracted an additional $110 million of investment in its second funding round, bringing the total amount of money raised this year to invest in its expansion to $235 million. The follow-on...

Ghanaians can now access insurance services at Shell fuel stations as a result of a new partnership between Hollard Insurance and oil marketing company, Vivo Energy. According to the Group CEO of Hollard Ghana, Patience Akyianu, the new partnership, dubbed...

To serve the changing needs of its customers into the future, Apple Bank wanted to modernize its existing in-house system with a modern core banking platform that would give it greater flexibility to quickly bring new products to market FIS,...

ING’s ability to use technology to improve its approach to regulatory compliance was given a boost with the announcement that it would be a multi-million investor in US-based regulatory technology (regtech) company, Ascent. Using machine learning and natural language processing,...

Barclays has collaborated with Hitachi to develop the Barclays Biometric Reader (BBR), a new finger vein scanner designed to help businesses securely and conveniently access their banking facilities. By using infra-red technology, the Barclays Biometric Reader identifies the user by...

Schroders acquired 30% of Secquaero in 2013 and entered into a partnership to serve institutional clients’ growing interest for Insurance Linked Securities (ILS). From June of that year, Secquaero has acted as Schroders exclusive advisor on ILS investment strategies. Since...