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1.2 Million More Homes in England Will Be at Risk of Subsidence by 2050[i]

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LexisNexis Risk Solutions Launches Perils Offering to Provide Brokers the Ability to Better Assess Risk and Improve Customer Satisfaction at Point of Quote.  

LONDON, Sept. 25, 2024 /PRNewswire/ — Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today.

It has become imperative to empower brokers with swift and cost-effective access to address-level insights at the point of quote. As such, LexisNexis Risk Solutions has launched LexisNexis® Geospatial Risks – a set package of perils and property data to support brokers get a competitive advantage, improve quotability, increase profitability and enhance customer experience

At the point of quote, LexisNexis Geospatial Risks gives brokers simplified perils risk scores for flood, subsidence and crime, while LexisNexis® Property Insights can confirm the property characteristics for the address (such as the roof type, number of bedrooms, construction type). Brokers can access LexisNexis Geospatial Risks alongside other risk data on the individual through LexisNexis® Informed Quotes, which acts as a single gateway to near real-time data enrichment via a broker’s software house or via a direct application programming interface (API), streamlining the quote process for new business, renewals and mid-term adjustments.

Caroline Elliott-Grey, senior product manager, U.K. and Ireland insurance, for LexisNexis Risk Solutions said: “Historically, smaller brokers have struggled to access and leverage the range and depth of perils data used by insurers, larger brokers and managing general agents (MGAs). However, with severe weather events in recent years, brokers are under pressure to assess property risks more fully for their insurance partners and to be better prepared to explain to their customers some of the property characteristics and environmental factors that go into insurance decisions and secure instant premiums.”

In 2022, the U.K. endured a heatwave that pushed temperatures past 40°C for the first timeiii. This resulted in the equivalent of one new subsidence claim made every 15 minutesiv in the second half of the year. More recently, data from the Association of British Insurers (ABI)v shows that subsidence payouts for home insurance claims hit £60 million in the second quarter of 2024 – the highest quarterly figure on record. 

Caroline Elliott-Grey continues: “LexisNexis Geospatial Risks has been developed to give smaller brokers the essential facts about the risk and characteristics of the properties for which they are seeking quotes in a very simplified and efficient way. This has multiple benefits – consumers will enjoy faster, more accurate quotes; insurance partners will have better visibility of the risks upfront; and brokers will be enabled to work more efficiently, enhance customer satisfaction and improve their insurer relationships.”

About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit  www.risk.lexisnexis.com and www.relx.com

Media Contacts:
Alison Reeson or Matthew Enderby at HSL
0208 977 9132, 07876 597466
[email protected]

Chas Strong
Director, Global Communications
Insurance and Connected Car
LexisNexis Risk Solutions
+1.706.714.8261
[email protected] 

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i This risk has been illustrated by British Geological Survey data with cutting edge analysis and expertise in data applied by LexisNexis Risk Solutions. The analysis highlights risk areas while accounting for a wide range of geological, weather and climate data.

ii This risk has been illustrated by British Geological Survey data with cutting edge analysis and expertise in data applied by LexisNexis Risk Solutions. The analysis highlights risk areas while accounting for a wide range of geological, weather and climate data.

iii https://www.metoffice.gov.uk/about-us/press-office/news/weather-and-climate/2023/record-breaking-202…

iv https://www.abi.org.uk/news/news-articles/2023/3/sinking-uk–last-summers-record-breaking-heatwave-l…

v https://www.abi.org.uk/news/news-articles/2024/8/property-insurance-payouts-hit-record-quarterly-high/

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In Industry First: Binance to Launch Pre-Market Spot Trading

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Tokens will be exclusively allocated by selected Launchpool projects, and generated for Binance Launchpool users to hold and trade in the pre-market on the Binance platform. All Binance users can engage with pre-market trading before spot listing.

DUBAI, UAE, Sept. 25, 2024 /PRNewswire/ — Binance, the leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume, today introduced Binance Pre-Market. Selected Binance Launchpool token subscriptions will be made available for pre-market trading on Binance Pre-Market, giving Launchpool participants greater utility, and expanding trading opportunities on Binance for all users.

Pre-market trading lets users take an early position before a token’s spot market listing, allowing the community to express their market sentiment of a particular token project. Each pre-market trading period will target to end at least four hours before spot trading starts and Binance will issue a separate announcement about the official spot listing.

Binance is the only crypto exchange to offer pre-market spot trading whereby tokens will be exclusively allocated and generated for users to hold and trade in the pre-market on the Binance platform.

Binance will announce when a Launchpool project is selected for pre-market trading and the respective pre-market start date. Users continue to subscribe to Launchpool as normal and receive their allocated tokens. Once the pre-market period starts, all Binance users can trade the Pre-Market tokens, which will have a “Pre-Market” tag for easy identification.

Through Pre-Market trading, Binance is also providing opportunities for selected projects to engage users earlier in their lifecycle.

Benefits of Binance Pre-Market include:

  • Early market entry: Users can buy or sell their tokens ahead of the spot market listing.
  • Stringent token vetting: All tokens undergo the same stringent vetting process on Binance.
  • Most liquid exchange: Binance is the largest and most liquid digital asset exchange, offering greater demand for users’ trading positions.
  • No additional fees: Users pay only the standard Binance spot trading fees, which are already highly-competitive in the market.
  • More utility for Binance Launchpool users: Launchpool subscribers can take advantage of early market movements to trade their allocated tokens within the Pre-Market on the Binance platform.

Vishal Sacheendran, Binance Head of Regional Markets, commented, “We built Binance Pre-Market to meet user demand for pre-market spot trading, and enhance the Binance ecosystem so users can enjoy greater utility and token projects can extend their lifecycle on our platform. Binance has always been focused on delivering for our users and we continue to invest in features to give our users the best experience we can.

The launch of Binance Pre-Market follows other recent product releases that continue to enhance the user journey on the Binance platform. Binance announced Binance SOL Staking and Super Earn this quarter, and introduced Megadrop and HODLer Airdrop earlier this year.

For more information about Binance Pre-Market, please refer to the FAQ here.

Disclaimer: Digital asset prices may be subject to significant price volatility. The value of your investment may go down or up, and you may lose the entire amount invested. You are solely responsible for your investment decisions and Binance is not liable in any way for any losses that you may incur. Past performance is not a reliable indicator of future performance and Binance does not in any way provide any assurance or make any representation as to future performance. You should only invest in products you are familiar with and where you understand and fully accept the associated risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. The trading price of a digital asset during the Pre-Market trading period and after the Pre-Market trading period is ultimately dependent on a number of factors, including market sentiment and there may not be a direct correlation between the two. This material should not be construed as financial advice. Binance does not in any way guarantee or provide any assurance or representation that you will receive any specific reward, or any return over time. In the event that a Launchpool offer fails, for any reason whatsoever, the associated Pre-Market token listing will be canceled and all Pre-Market Tradable Assets will be delisted in accordance with Binance’s Pre-Market delisting process, details of which are available here. This feature may not be available in certain countries and to certain users. This content is not intended for users/countries to which prohibitions/restrictions apply. For more information, see our Terms of Use and Risk Warning.  In compliance with MiCA requirements, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.

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About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 200 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com

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Fospha’s Latest Report Reveals Brands Should Spend 3X More in Paid Social

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LONDON, Sept. 25, 2024 /PRNewswire/ — Fospha, a measurement and attribution company, has revealed that brands are significantly underinvested in Paid Social channels. On average, eCommerce companies spend just 27.5% of Paid Social’s profitable maximum, leaving substantial headroom to scale profitably. The numbers are striking, and symptomatic of widespread reliance on Last Click attribution, which overvalues demand capture channels, and undervalues demand generation.  

Fospha released this data in their latest State of eCommerce report for H2 2024. The report takes a deep dive into the latest industry data to reveal where brands are missing out on millions of dollars in ad revenue and which channels have the most headroom for growth going into peak period.

The report stands out as a strategic asset for digital marketers, eCommerce leaders, and marketing strategists looking to optimize advertising spend and implement data-driven growth strategies.

Why the State of eCommerce Report H2 2024 is a Must-Read Resource

Fospha works with 150+ leading ecommerce brands globally with over $1 billion in ad spend under management, granting them unparalleled access to the latest data on how brands are advertising.

This report unveils how major platforms’ KPIs are trending in 2024 and what this means for brands heading into peak period.

Key highlights of the report include:

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  • Profitable Headroom: The degree of headroom left to scale Paid Social and Google channels.
  • Efficient Acquisition: The #1 channel for efficient new customer acquisition.
  • Peak Period Strategy: The growth channel you need to be leveraging during peak.
  • Full-Funnel Strategy: For platforms like Meta, TikTok and Snapchat.

“This is our most comprehensive cross-channel analysis yet. This report is packed full of every insight you’ll need ahead of peak—including how, where, when, and why to scale up every channel in your arsenal,” says Jamie Bolton, VP of Growth at Fospha.

About Fospha

Fospha is pioneering a new approach to cross-channel digital marketing measurement. With no-code implementation, clients are live in 2 to 3 weeks with a year of full funnel performance modelled, ensuring complete privacy safety.

Read the report here: https://www.fospha.com/soe-h2-2024.

For more information, visit www.fospha.com and follow us on LinkedIn and Twitter for the latest updates.

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Media contact: 
Snezhina Kashukeeva
[email protected]

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SEB Implements Broadridge’s International Post-Trade Processing Solution

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Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that Skandinaviska Enskilda Banken AB (SEB) is leveraging Broadridge’s international post-trade processing solution to simplify and streamline its securities business across international and domestic markets.

“As a leading European bank with operations in more than 20 countries, and servicing a global client base, it was important for us to partner with a technology partner that can enable our global post-trade operations to be best in class,” said Kristian Gårder, co-head of Equities, SEB.  “Broadridge is a tech leader that has enabled us to advance from discrete, asset-specific systems to a unified and strategic solution that delivers increased simplification, frictionless workflow efficiency, real-time business-wide management controls, and the ability to respond effectively to new market requirements and our customers’ evolving needs.”

SEB is an established, long-standing user of Broadridge’s front and middle office solutions for order management, trade execution and allocation, and has now extended for post-trade processing. As a result, the bank now benefits from a strategic front to back-office infrastructure that simplifies and optimizes trading workflows and operations across international markets with advanced, straight-through solutions that deliver efficiency, scale and resilience at every stage of the securities trade lifecycle.

“We are excited to support SEB across its full trade lifecycle, bringing transformation and innovation across its securities businesses in the Nordic region and the wider international markets,” said Danny Green, Head of International Post-Trade Solutions, Broadridge. “In today’s markets, investing in post-trade efficiency is of paramount importance, and leading firms such as SEB are now in a stronger position to tackle the combined challenges of shrinking settlement periods, regulatory change and client service differentiation, while optimizing cost/income ratios and reducing risk.

Broadridge is focused on optimizing trading and connectivity, simplifying post-trade and delivering transformation and innovation for clients. To find out more about Broadridge’s solutions for the trade lifecycle, visit our website.

The post SEB Implements Broadridge’s International Post-Trade Processing Solution appeared first on HIPTHER Alerts.

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