LexisNexis Risk Solutions, a global provider of data analytics and risk assessment services, has established its first cloud hosting facility in Australia. This strategic move is designed to support the delivery of localized risk orchestration services, marking a significant commitment to the region. The newly launched facility is powered by advanced technology aimed at enhancing […]
Oliver Wyman, a distinguished management consulting firm and part of Marsh McLennan (NYSE:MMC), has completed its acquisition of Veritas Total Solutions, a specialized advisory firm with expertise in commodity trading, risk management, systems, analytics, and AI. This strategic acquisition marks a significant expansion of Oliver Wyman’s capabilities, particularly in the commodity trading sector. The integration […]
FRP Advisory Group plc, a prominent national specialist business advisory firm, has announced the acquisition of the Hilton-Baird Group, a leading provider of commercial finance and risk management services. The acquisition, valued at approximately £8.4 million—including £7 million in cash and shares plus an additional £1.4 million based on net assets—marks a significant expansion for […]
AXA, a global leader in insurance and asset management, and Amazon Web Services, Inc. (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ: AMZN), have unveiled their plan to collaboratively develop the AXA Digital Commercial Platform (DCP). This initiative aims to revolutionize risk management by integrating advanced analytics and generative AI technologies. The announcement marks a significant […]
Riskonnect, a leader in integrated risk management (IRM) solutions, has announced its acquisition of Ventiv Technology, a provider renowned for risk, insurance, and underwriting technology solutions. This acquisition is a strategic move to enhance growth and innovation for Riskonnect and deliver value for over 2,500 customers worldwide. Ventiv is celebrated for its innovative RMIS Analytics, […]
Exiger, the market-leading SaaS company renowned for revolutionizing supply chain management, has entered into a definitive agreement for a majority investment from global investment firm Carlyle (NASDAQ: CG) and global software investor Insight Partners. This strategic partnership is poised to significantly enhance Exiger’s award-winning portfolio of AI solutions utilized in critical applications across government and […]
In a move to bolster its service offerings in Ireland, Arthur J. Gallagher & Co. has acquired Keaney Insurance Brokers Ltd, a Dublin-based commercial insurance brokerage firm. While the financial terms of the transaction remain confidential, this acquisition marks a significant step in Gallagher’s expansion strategy. Strategic Expansion in Ireland Keaney is renowned for its […]
In a major move in the compliance and ethics reporting industry, Case IQ, a renowned global provider of investigative case management software, declared its acquisition of WhistleBlower Security. The latter is celebrated as an eminent provider of ethics and compliance reporting solutions, especially known for its premier hotline case intake solutions. Pivoting on Robust Intake […]
Morgan Dempsey Capital, an asset management firm with $600M AUM, today announced its collaboration with Merchant. The partnership aims to accelerate the adoption of risk-adjusted return methodologies in the wealth management community, offering innovative solutions to professionals in need of enhanced risk management strategies amid an elevated-risk environment. Renowned for managing assets for institutions, individual […]
Premier International, a tech consulting firm known for solutions that mitigate the risks of complex data challenges, announced today the strategic acquisition of Information Asset, a leading data governance and risk management firm. The terms of the transaction were not disclosed. Premier International is a portfolio company of Renovus Capital Partners. Established in 2012, Information […]