Corporate Leaders

Partnering with companies in all industries can give insurance firms more in-depth data which will help to enhance customer experiences, according to Milan Sud, head of Innovation at AXA Partners UK.

With the impending risk of climate change and its economic and financial impact, environmental sustainability has become a societal responsibility and business reality. However, more needs to be done for banks to incorporate sustainability into their business strategies.

SM&CR has increased emphasis on personal accountability within firms and caused many senior managers to abandon ship for less risky roles, Ascent partner lead Maria Phillips told FinTech Global.

Cyber risk is showing no signs of stopping and the reliance on cloud-based systems makes potential ripple effects vast. It is crucial for the global insurance industry to efficiently measure cyber risk.

As cryptocurrencies continue to gain popularity around the world, the UK parliament has formed the Crypto and Digital Assets Group to support innovation and regulation of digital assets.

With the proliferation of AI, it is easy for wealth management firms to get overwhelmed by the choice. There are countless solutions in the market all promising various benefits, so finding the right one for the job can be tough. FinTech Global spoke to several WealthTech leaders to offer some guidance on what to look for.

To acquire new younger customers Legal & General’s investment division is focusing on mobile-first and trying to engage as early in the life-cycle as possible, according to the company head of distribution strategy, personal investing Janine Menasakanian.

Money laundering, bribery and corruption are still a pressing issue within financial institutions, but the best way to combat this is through solid operational risk management sponsored from the top.

As another year starts, it is the time to look ahead and attempt to predict what is to come and the biggest trends for the WealthTech sector in 2024.

Too many people still do not have a financial plan in place and are unaware of how vital it is for themselves and their families, according to Angela Pecoraro, CEO of financial software developer Advicent.