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Hellenic Bank signs agreement to acquire CNP Cyprus

Cypriot lender Hellenic Bank has signed an agreement to acquire insurance provider CNP Cyprus, according to an announcement made by the bank. The announcement stated that the consultation between CNP Assurances and its European Works Council has been completed, paving...

Martin & Company partners Coherent to expedite insurance product development

Martin & Company has joined forces with software-as-a-service company Coherent to accelerate the insurance product development process. This collaboration aims to increase the speed to market for insurance companies by leveraging advanced technology solutions. By integrating Martin & Company’s consulting services...

The First AI-Based Active ETF In Europe Launched On Xetra

With a focus on artificial intelligence, an exchange traded fund will be launched on Thursday, becoming the first ETF in Europe to debut through a platform managed by Goldman Sachs catering to small fund managers. The AI-Enhanced Eurozone Equities Ucits...

QBE Insurance Launches Global Cyber Coverage with QCyberProtect

QBE Insurance, a global insurer operating in 27 countries, unveiled QCyberProtect, a comprehensive and globally consistent cyber policy designed to enhance cyber resilience for a broad range of clients worldwide. QCyberProtect provides tailored coverage for losses arising from current and...

Oka and Socotra partner to innovate insurance solutions for carbon markets

Oka, The Carbon Insurance Company™, and Socotra, the leading modern policy administration system, have announced a strategic partnership focused on advancing carbon markets and scaling climate solutions. The collaboration aims to leverage Oka’s agile team and advanced AI capabilities alongside...

Limit launches GenAI tool to revolutionise P&C insurance sector

Limit, an InsurTech firm, has introduced the first generative AI exclusively designed for the Property & Casualty (P&C) sector. The offering, known as LimitAI, is capable of analysing extensive insurance documents, quotes, and policies, and provides rapid answers to various...

Aspen Insurance launches new platform to revolutionise AI and data strategy

July 12, Aspen Insurance Holdings Limited, a prominent global insurance and reinsurance company, has launched a new platform designed to advance its digital strategy and drive its data and artificial intelligence agenda forward. The offering, known as Aspen Data Labs,...

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