Thursday, August 18, 2022

BHSI hires Nicholas Ferrari to head transactional liability in Australasia

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Berkshire Hathaway Specialty Insurance (BHSI) announced that it has further expanded its local transactional liability underwriting capabilities worldwide with the addition of curated industry expert Nicholas Ferrari as Head of Transactional Liability Insurance in Australasia.

MarcumBP expands to Southeast Asia with new office in Singapore

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MarcumBP (MBP) announced the opening of its new office in Singapore. The office will support its growing practice of clients from Southeast Asia seeking to access capital markets through an Initial Public Offering (IPO) or Special Purpose Acquisition Company (SPAC) merger. Concurrently, MBP maintains its 20 year leadership position in the China market.

Businesses should seek professional expertise to deal with cashflow issues

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Our research shows that a lot of businesses are struggling to manage cashflow gaps due to delays in getting stock in the door and the rising cost of doing business. All of these issues mean that there is less income coming in, while costs continue to rise. Businesses are struggling with cashflow and aren't sure what avenues of assistance are available. My advice to owners is to act now. Do not wait to see if things will pass ast conditions are forecast to continue for the next 12 months.

Aussie lawyers and accountants more concerned about money laundering

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90% of lawyers and accountants are more concerned about money laundering since discussions around AML/CTF Tranche 2 have increased, according to research by full-service anti-money laundering (AML) software solution First AML. The study, which aims to uncover the attitudes of Aussie lawyers and accountants toward compliance and AML procedures, found that 89% of respondents said AML has moved up the firm's agenda in the past year.

Teaminvest Private Group appoints senior executives to further growth

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Teaminvest Private Group Ltd has appointed two new senior executives to further accelerate the company’s growth. Timothy Wong has been appointed Head of TIP Equity (the private equity division) and Michael Baragwanath as Head of TIP Wealth (the company’s investment banking division).

BlueRock joins forces with asset management firm Broadbent Financial

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Entrepreneurial advisory firm BlueRock has announced a merger with asset management firm Broadbent Financial to fuel company expansion. BlueRock is an entrepreneurial advisory firm offering tech-enabled professional services for growing businesses and individuals, including accounting, law, investment, private wealth, finance, etc, and a digital arm of the business.

Expensify’s accounting and fintech festival ExpensiCon is back in Italy

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Expensify, Inc. (Nasdaq: EXFY), a payments superapp that helps individuals and businesses around the world simplify the way they manage money across expenses, corporate cards and bills, has announced the return of ExpensiCon on May 18-22, 2023, in Puglia, Italy.

Jetcraft strengthens US footprint with new Sales Executive appointments

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Jetcraft, the global business jet sales and acquisitions provider, is expanding its presence in the Americas with the appointment of Preston Jasper and Derek Long as Sales Executives. Jasper and Long join Jetcraft with a combined expertise of 20 years in business aviation.

Marqeta to leverage modern card issuing to bolster transport for NSW

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Marqeta, the card issuing platform, announced an innovative transport partnership. Marqeta was named as the payment processor of choice for Opal Plus, the program for Transport for NSW (TfNSW), in partnership with Mastercard Prepaid Managed Services (MPMS). The NSW gov't is introducing Opal Plus, a Mobility as a Service app within the Opal system, which allows subscribers to plan, book and pay for a commuter experience from their phones.

FINEOS Corporation sets GroupTech Connect 2022 event kickoff date

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The FINEOS Corporation announced that registration is open for GroupTech Connect, a unique half-day forum for industry leaders to explore the Group Benefits ecosystem, core systems, external distribution, and tech partners working to meet the increasing challenges reshaping the landscape. GroupTech Connect is a kickoff day offering on Tuesday, September 20, 2022 for attendees of InsureTech Connect (ITC), the world’s largest insurtech event.