GenAI driven healthcare insurance claims and risk management startup Consint.AI raises Rs 5 Cr in Seed round led by Equanimity Ventures & Seafund Mumbai/Delhi, 7th Jan, 2025 – GenAI driven healthcare Insurance fraud and risk management company Consint.AI has raised Rs 5 Cr in a seed round led by Equanimity Ventures and Seafund. The capital …
Category: News
Managing Risk in a Risky World in Mediation
During mediation, the neutral speaks with the parties about their “litigation risk” to motivate them toward a resolution. What is “litigation risk” in today’s environment? Throughout the country, verdict values in catastrophic injury cases are up. The challenge for mediation participants is to assess the realistic impact of what risk analyst Nassim Nichaolas Taleb described …
Manufacturing and Cyber: Protecting Your Business from the Devastating Cost of a Cyberattack : Risk & Insurance
The manufacturing industry remains an attractive target for cybercriminals. Facilities must put safeguards in place to prevent the devastating financial toll of a malicious attack. Hackers do not discriminate, and manufacturing is no exception; if there is a vulnerability in a system, they are more than happy to exploit it. Protecting against a cyberattack, therefore, …
TBA Credit Union welcomes Carl Stewart as Commercial Loan Originator
TRAVERSE CITY, MI (January 6, 2025) | TBA Credit Union has welcomed Carl Stewart as Commercial Loan Originator. With an extensive commercial lending, credit risk management, and business development background, Stewart brings a wealth of experience and expertise to TBACU’s Commercial team. Stewart has an elaborate career in the financial services industry, having held key …
Wellington Management launches first interval fund, focused on multi-strategy risk mitigation
Wellington Management, a global investment heavyweight managing over $1.2 trillion in assets, just boosted its alternative investment offerings with the launch of its first interval fund. The Wellington Global Multi-Strategy Fund aims to deliver consistent returns while managing market risk across various market conditions. The new fund will be helmed by Portfolio Manager Roberto Isch, …
Veracode Acquires Phylum
Veracode, a Burlington, MA-based company which specializes in application risk management, acquired the technology of Phylum, an Evergreen, CO-based malicious package analysis, detection, and mitigation technology company. The amount of the deal was not disclosed. The acquisition will enhance Veracode’s ability to identify and block malicious code in open-source libraries, marking continued investment in its …
Our 3 Layers of Risk Management
Our Cash Indicator methodology acts as a plan in case of an emergency. This is analogous to the multiple safety systems in a modern automobile, which includes an airbag. Importantly, each of these systems work together to potentially help smooth the ride. Content continues below advertisement We manage risk within our strategic, long-term allocations based …
Veracode bolsters SCA product with Phylum acquisition
Cybersecurity firm Veracode has bought malicious package detection and mitigation technology from Phylum – a US startup founded by a team of former intelligence service specialists that raised $15 million in a Series A in 2022. The OSS security toolset will be integrated into Veracode’s software composition analysis (SCA) product and be GA this year. …
Stratus Financial Appoints Sajal Agarwal as Chief Risk Officer
NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Stratus Financial LLC (“Stratus” or the “Company”) is pleased to announce the appointment of Sajal Agarwal as the company’s new Chief Risk Officer. This pivotal hire rounds out the firm’s C-suite leadership and underscores Stratus Financial’s unwavering commitment to building a robust, forward-thinking risk management framework that will drive the firm’s continued …
Cybersecurity Threats Lead Business Risk Concerns
New research reveals cybersecurity, technology, and financial risks top executive concerns as businesses navigate complex threat landscape. Cybersecurity, financial, and technology risks are the top threats to achieving sustainable growth for businesses, according to a survey of business leader by Chubb. Chubb’s “Risk Decisions 360°” report, based on a Harris Poll survey of U.S. and …