Finance, Banking & Insurance

True Prosperity Advisors Moves $162M Book to Affiliated Advisors

New York – October 01, 2026 -- Affiliated Advisors has added True Prosperity Advisors, a Rockford, Illinois-based advisory firm managing approximately $162 million in client assets, which previously operated under Baird.

True Prosperity Advisors exits Baird for Affiliated Advisors' growth platform

The firm is led by Financial Advisor Gary Love, CFP, CPWA, CEPA, alongside Registered Assistant Simeon Hanson. The team cited a need for a partner combining personalized support with scalable growth resources as the reason for the transition.

Advisor cites access to broader technology and wealth management tools

Through Affiliated Advisors, the team gains business management and operational support intended to help run efficient, growth-oriented practices. The platform also provides investment solutions, technology, financial planning resources and wealth management capabilities.

Nuveen Completes Schroders Acquisition, Forms $2.6 Trillion Asset Manager

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Nuveen Completes Schroders Acquisition, Forms $2.6 Trillion Asset Manager

New York – – October 01, 2026 -- Nuveen has completed its acquisition of Schroders, creating a combined asset and wealth manager with $2.6 trillion in assets under management as of June 30, 2026.

Combined firm claims top-ten rank across three asset classes globally

The merged entity holds a top-ten global position in active equities, active fixed income and private markets, based on year-end 2025 data from Preqin, P&I, eVestment and company reports. It operates in more than 40 markets with significant presence across the US, UK, Europe and Asia-Pacific.

TIAA backs deal as parent shareholder

TIAA CEO Thasunda Brown Duckett said the acquisition strengthens investment capabilities feeding TIAA's retirement and annuity products. TIAA paid out more than $6.17 billion in annuity income to retired clients in 2025.

Teciem Names New CTO, CCO to Drive Cloud and AI Push

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Teciem Names New CTO, CCO to Drive Cloud and AI Push

London – October 01, 2026 -- Teciem, a global provider of front-to-back treasury and capital markets software, has appointed Stefano Maestri as Chief Technology Officer and Strath Lanyon as Chief Customer Officer, both based in London and reporting directly to CEO Wissam Khoury.

Teciem expands leadership six months after company launch

The appointments come just over six months after Teciem's launch, as the firm builds out its executive team to support cloud-native deployment and AI-enabled product development for financial institutions managing increasingly complex transformation programs.

Absa Taps Thunes as Multicurrency Clearing Partner Across Africa

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Absa Taps Thunes as Multicurrency Clearing Partner Across Africa

Johannesburg – October 01, 2026 -- Absa Group has selected Thunes as a strategic Multicurrency Clearing partner, expanding a collaboration that links Absa's Pan-African banking footprint to Thunes' Direct Global Network spanning more than 140 countries, 90 currencies, and 220 payment methods.

Deal builds on South Africa's Absa Global Pay launch

The new agreement extends the two companies' prior rollout of Absa Global Pay in South Africa, which combined Absa's banking franchise with Thunes' global payment connectivity and local-market capabilities. The expanded partnership now underpins Absa's broader cross-border payments strategy across African and global markets.

Clearing link enables payouts beyond bank accounts

By connecting directly to Thunes' network, the collaboration allows Absa to route payouts to mobile wallets and card rails, not just bank accounts, with 24/7 liquidity and enterprise-grade compliance built in.

IMG Finalizes World Nomads Acquisition, Expands Travel Insurance Reach

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IMG Finalizes World Nomads Acquisition, Expands Travel Insurance Reach

Sydney – October 01, 2026 -- IMG (International Medical Group) has completed its acquisition of World Nomads, a deal first announced in February 2026, extending its travel insurance distribution network across seven major markets.

Deal expands IMG's footprint into US, UK, EU, Australia, New Zealand, Brazil and Canada

The combined entity will now distribute travel protection and assistance products across these markets, reaching travelers from more than 100 countries who previously relied on World Nomads' specialized adventure travel coverage.

bolttech, Bold Penguin Form Global Insurtech Distribution Partnership

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bolttech, Bold Penguin Form Global Insurtech Distribution Partnership

Las Vegas – October 01, 2026 -- bolttech and Bold Penguin have entered a global strategic partnership to build a combined commercial and personal lines insurance distribution offering spanning the U.S., Europe and Asia.

Two AI-enabled platforms merge complementary distribution networks

bolttech, an insurtech operating in 39 countries across four continents, will integrate its personal and commercial lines protection services, AI-enabled workflows and global distribution expertise with Bold Penguin's commercial-lines digital exchange and carrier network. Bold Penguin brings its DeX ai data and AI services platform along with an integrated commercial carrier network exclusively focused on commercial insurance.

Trinity Capital Prices $350M in 7.50% Notes Due 2032

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Trinity Capital Prices $350M in 7.50% Notes Due 2032

Phoenix – October 01, 2026 -- Trinity Capital Inc. (NYSE: TRIN) has priced an underwritten public offering of $350.0 million in aggregate principal amount of 7.50% notes due 2032, the alternative asset manager announced.

Notes carry a 7.50% coupon with semiannual payments starting January 2027.

The unsecured notes will mature on October 01, 2026, with interest payable twice yearly commencing October 01, 2026. Trinity Capital retains the option to redeem the notes in whole or in part at any time at par, plus a make-whole premium if applicable.

Closing is set for October 01, 2026, pending customary conditions.

The offering remains subject to standard closing conditions ahead of the expected settlement date.

Corgi Insurance Launches Golden, Sports Coverage Platform via Surplus Lines Carrier

San Francisco – October 01, 2026 -- Corgi Insurance has launched Golden by Corgi, a dedicated sports and entertainment insurance platform offering more than 20 lines of coverage for teams, leagues, federations, National Governing Bodies, tournaments, and athletic facilities.

Golden operates through Corgi's surplus lines carrier to build customized programs for complex coverage needs

The platform unites underwriting, claims, and risk management under a single system, issuing certificates of insurance within minutes and handling claims in-house.

Former professional athletes lead Golden's push into sports-specific underwriting

Co-Founders Peter Akman and Mike T. Brown, both former founders and professional athletes, designed the platform around the operational realities of sports organizations. "We built Golden to give each organization the flexibility to build coverage around how it actually operates," said Akman.

Aflac to Report Q3 2026 Earnings November 4, Call Set for Nov. 5

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Aflac to Report Q3 2026 Earnings November 4, Call Set for Nov. 5

Columbus, Georgia – October 01, 2026 -- Aflac Incorporated (NYSE: AFL) will release third-quarter 2026 financial results after market close on Wednesday, October 01, 2026.

Earnings materials post same day as market close

The quarterly earnings release and financial supplement will be published on the company's investor relations site, investors.aflac.com, alongside a financial update video from Senior Executive Vice President and Chief Financial Officer Max K. Brodén.

Conference call scheduled for 8 a.m. ET on November 5

Aflac will webcast a conference call the following morning, Thursday, October 01, 2026, at 8:00 a.m. ET to discuss the quarterly results.

FSS Launches AI Engine to Automate Bankruptcy Case Document Review

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FSS Launches AI Engine to Automate Bankruptcy Case Document Review

Houston – October 01, 2026 -- Financial Software Solutions (FSS) has released the FSS Intelligence Engine, an AI-powered tool designed to automate document review for bankruptcy trustees and fiduciaries. The technology targets one of the most time-intensive steps in case preparation: reviewing and analyzing multiple documents including ECF emails, bank statements, tax returns, and document checklists.

New engine extracts and prioritizes case data the moment paperwork arrives

The system automatically reads, analyzes, extracts, matches, and prioritizes information as soon as documents are uploaded, operating without manual intervention. FSS states the goal is to give trustees faster access to critical information and help move cases forward more efficiently.