Steve Diggle, a former hedge fund manager renowned for amassing billions during the 2008 financial crisis, is making a comeback in the trading world. What Happened: Diggle’s family office, Vulpes Investment Management, is aiming to raise up to $250 million from investors in the first quarter of 2025. These funds will be allocated to a hedge fund and managed accounts …
Month: January 2025
Sage reveals five bold predictions for the future of accounting by 2030
Sage unveiled its vision of how AI will reshape the accounting industry by 2030, with findings from its Forrester Consulting study. Aaron Harris, Chief Technology Officer at Sage, summarises the findings A new Forrester Consulting study of 2,339 SMB finance leaders, commissioned by Sage, reveals how AI will unlock real-time insights, enhanced risk management and strategic decision-making …
A look ahead at P&C insurance distribution trends
To remain competitive and both sustain and further their relationships with brokers and clients, property and casualty (P&C) insurers must improve the value they offer and create innovative services that address the shifting demands of brokers and insureds. Although the future may hold uncertainties, those carriers who can adapt will find rewarding opportunities. A significant …
FHFA Directs GSEs to Improve Their Risk Management Frameworks Related to the Use of AI
The Federal Housing Finance Agency (FHFA) recently released its 2025 Scorecard for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, establishing an array of objectives for the GSEs to operate safely and soundly, further develop risk management frameworks, and support market improvements in housing supply and affordability, among other steps. …
Guidance for AI in critical infrastructure
At the end of 2024, we’ve reached a moment in artificial intelligence (AI) development where government involvement can help shape the trajectory of this extremely pervasive technology. In the most recent example, the Department of Homeland Security (DHS) has released what it calls a “first-of-its-kind” framework designed to ensure the safe and secure deployment of …
Enterprise Risk Management (ERM) in 2025 and beyond
Business enterprises must operate and adopt fitting ERM strategies amid the evolving risk environment to grow, thrive, and compete with peers. Risk is the degree of uncertainty due to expected/unexpected business adversities that may cause loss to the organization. As uncertainty in business continues, risk also continues. Right ERM strategies can potentially reduce risks. Among …
Kettle appoints Jeff Chen as chief risk officer
Kettle See full company profile “> , an insurance and reinsurance provider specializing in commercial property coverage for wildfire-prone areas, has appointed Jeff Chen as Chief Risk Officer. Jeff brings nearly 20 years of experience in insurance, reinsurance, and risk analytics, with leadership roles at Root Insurance and AIG. He is an Associate of the …
California JPIA shares strategies to promote collaborative relationships between elected officials
Skip to content California JPIA shares strategies to promote collaborative relationships between elected officials When hard times hit an organization, compassionate collaboration becomes essential. During the California Joint Powers Insurance Authority’s (California JPIA) 29th Annual Risk Management Educational Forum (Forum), Paramount Councilmember Peggy Lemons and Rolling Hills Estates Councilmember Frank V. Zerunyan presented an insightful session …
Green Shield Risk Solutions partners with Technosylva to transform wildfire risk management
Green Shield Risk Solutions, a provider of risk management and insurance solutions, has announced a strategic partnership with Technosylva, a company specialising in catastrophic event simulation, risk analysis, and operational response that supports electric utilities and government agencies worldwide. This partnership marks a significant milestone, with Green Shield becoming the first insurance company to integrate …
Kettle names Jeff Chen as Chief Risk Officer
Kettle, an AI-enabled re/insurer for commercial property owners in areas affected by catastrophic climate events, has appointed Jeff Chen as Chief Risk Officer to lead risk management and actuarial. With this appointment, Kettle aims to meet its mission of protecting communities from the increasing threat of wildfires. Chen has nearly two decades of industry experience, …