Redline Underwriting, a leading player in the insurance sector, has announced the launch of its new comprehensive property facultative reinsurance solution. The company, renowned for its tailored risk solutions, aims to meet the growing demand for reinsurance in Mexico, Central and South America, and the Caribbean, according to InsurTech Insights. The introduction of this new
Technology has long had a profound impact on farming practices. With the advent of artificial intelligence, the growing intersection of AgTech, finance and robotics is helping ensure that the future of agriculture stays fertile. “AI and machine learning are not new technologies,” Ceres AI CEO Ramsey Masri told PYMNTS’ CEO Karen Webster. “They’ve been around
SANTA ROSA COUNTY, Fla. — Santa Rosa County officials are taking steps to lift some homes out of danger. The county will use funds from a FEMA Flood Mitigation grant to help a half-dozen homeowners. FEMA’s Flood Mitigation Assistance grant is a program to elevate flood-prone homes out of flood risk. Santa Rosa County’s grants
By Gloria Methri Today Europe Financial Data Management Financial Planning Open finance provider Insurely has announced the launch of a new product, Investment Data Access. The solution enables banks and other financial institutions to access data on their customers’ investments in real-time. It covers various investment categories, such as stocks and mutual funds held in
Known for his aggressive investments directly in stocks and small- and mid-cap mutual funds, Kumar is now seeking a more balanced and goal-oriented portfolio. “During the pandemic, my stock portfolio took a significant hit, and some of the stocks never fully recovered. I don’t want to face such a situation again as I work towards
The latest partnership news from Optalitix; Optalitix, the specialist insurance and finance software provider, announces that specialist lender Spring Finance (Spring) has selected Optalitix to deliver a market-leading, technology-led new mortgage system. Optalitix’s cloud lending platform, Optalitix Originate, is trusted by many leading lenders to issue over £7bn of loans. The platform will provide Spring’s
If you buy an annuity in a rollover individual retirement account a few months from now, you might get a better deal on it. That’s because your insurance agent will be required to act as a fiduciary in your best interest. It’s just one of the changes in a new Department of Labor rule set
Synergies between the two companies are likely to rock the property and casualty insurance industry By Horse Poor Investor Summary Berkshire Hathaway revealed its 6.40% stake in Chubb on May 15. Warren Buffett has had a long-term affinity for the insurance business because of its “Collect-Now Pay-Later” business model. Buffett’s interest in Chubb may have
Studying finance books can significantly enhance your financial understanding and help you achieve your objectives. Introductory texts provide fundamental principles, whereas more advanced ones explore detailed investment tactics. The books you choose depend largely on your goals. Reflect on why you’re reading a personal finance book: whether it’s to eliminate debt, plan for retirement, or
Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising. Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute