It’s big news from us as we announced our management buyout earlier this week! The team has been working hard to push the deal through and we are excited for the next stage of the OneAdvent journey. With new investment into the business, we will be growing out our existing support services and capabilities, both in the UK and Europe. In other news, the reinsurance sector had their outlook raised by S&P Global and The Insurer TV explores the role of generative AI in modelling and event response.
OneAdvent completes management buyout; new investment to accelerate growth and product offering (Source: OneAdvent)
OneAdvent, the specialist MGA and broker services platform, has completed a Management Buyout aimed at boosting its UK and European market presence and product offering.
Moody’s RMS’ Steel: Generative AI is a real game-changer for the industry (Source: The Insurer TV)
Steel discusses how generative AI is perfect for event response and how his firm is using the tech to provide targeted data for their clients.
S&P Global raises reinsurance sector view to stable from negative on higher prices (Source: Reuters)
“Higher reinsurance rates and increasing investment income” has resulted in a better outlook for the reinsurance sector.
6 insurance trends to watch: Accenture (Source: Digital Insurance)
From sustainability initiatives to inclusive insurance to advanced analytics – these are some of the insurance trends identified by Accenture.
New Lloyd’s Lab cohort to combat Asia Pacific climate risk (Source: Fintech Global)
The chosen 12 teams will “focus on developing solutions to some of the biggest risks face by businesses and communities in the Asia-Pacific regions”.
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