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Trends Shaping the Insurance Industry in 2024

Perficient

This blog was co-authored by Perficient’s Insurance Principal and expert: Brian Bell As we step into 2024, the insurance industry faces significant transformations driven by technological advancements and evolving customer expectations. Leveraging cloud technology for streamlined operations and enhanced scalability.

Trends 221
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Go Where No Operations Department Has Gone Before – Instant Settlement

Perficient

The front office is screaming down to the Settlement Office, “Operations, we need more capital!” Any operations team that has dealt with a stock loan trading desk can contest the inherent friction between providing more available securities to the desk and reliance on settlement cycles and market constraints.

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Examining industries: The importance of industry analysis for financial institutions

Abrigo

How industry analysis can improve your credit risk management Understanding your customers' businesses leads to better loan pricing, structure, and risk management. WATCH WEBINARS Takeaway 1 All businesses perform industry analysis, but financial institutions in particular must know their customers' competitive landscape.

Analysis 195
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Addressing the Need for Personalization in the Financial Services Industry

Perficient

Across financial services – industries such as banking, wealth management, and insurance – the need for greater personalization has been a theme for several years. In the financial services industry, security, stability, and protection are foundational brand values from which to deliver customer experiences.

Industry 294
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GenNx360 Acquires B2B Industrial, AMW Packaging

PYMNTS

New York private equity firm GenNx360 Capital Partners has acquired B2B Industrial and the assets of AMW Packaging Supply , which will give the company a boost in the industrial packaging space, according to a press release. B2B Industrial is based in Illinois, while AMW is based in Arizona.

Industry 181
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Bain Capital Hires Keri Gohman As An Operating Partner

PYMNTS

Bain Capital Ventures announced it has hired FinTech industry veteran Keri Gohman as an operating partner. Having been a FinTech geek for more than two decades, there has never been a more exciting time for our industry as financial technology infiltrates nearly every aspect of our lives.

Capital 108
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The Top 20 Deposit-Rich Industries for 2023

South State Correspondent

Not to say you want to ignore parts of your community, but why not focus more of your resources on those industries that will make your bank more profitable? In this article, we look at 20 deposit-rich industries that have above-average profitability.

Industry 195