Tag: Insurance 2023
From BEAR to FAR: Australia ushers in a new age of...
Legislation concerning the Financial Accountability Regime (FAR) has received the nod of approval from both Houses of the Australian Parliament. This milestone move in 2023 lays the groundwork for a stringent accountability structure, targeting directors and top-tier executives of financial institutions across banking, insurance, and superannuation sectors.
Cyber risk platform Resilience secures $100m to bolster global expansion
Resilience, a cyber company focused on transforming the way enterprises assess and manage cyber risk, has bagged $100m in a Series D.
Converge Insurance raises $15m from Forgepoint Capital
Converge Insurance, a leading managing general agent (MGA) specialising in cyber risk management and underwriting, announced its successful raising of $15m in Series A...
The importance of external and internal vulnerability scanning in cyber underwriting
InsurTech company KYND recently released a report exploring whether external or internal vulnerability scanning is more useful to assess a company's cyber posture.
Canada’s OSFI eyes risk management with proposed Crypto-asset guidelines
The Office of the Superintendent of Financial Institutions (OSFI) is taking strides to adapt to the rapidly changing digital asset landscape. Reflecting the shifting risk environment and emerging global patterns, OSFI is introducing modifications to its capital and liquidity guidelines for crypto-assets.
Unravelling the power of data analytics for effective claims handling
In a recent post by Cognitive View, the company provided complaint insights to reduce claims disputes and compliance issues.
