In a recent employment case, an employee who used cannabis for back pain was unfairly dismissed. This article explores the conflicting drug test results that played a crucial role in the case, the subsequent impact on the employee’s mental health, an assessment of the claimant’s conduct, the violation of company policy and contract, the justification for dismissal by the employer,
Hyperexponential, a leading provider of pricing decision intelligence (PDI) solutions, and Akur8, a specialist in Transparent Artificial Intelligence technology, have announced their strategic partnership. The collaboration aims to integrate their complementary capabilities to offer insurers an automated, data-driven system for accurately pricing commercial and specialty insurance products. This article delves into the details of this groundbreaking partnership and the benefits
Pro MGA Global Solutions (Pro MGA) has been appointed by technology-led underwriter Arbol Inc to support its UK launch and international MGA expansion strategy. This partnership aims to bolster Arbol’s presence in the UK and offer innovative climate risk solutions to international insurance markets outside the U.S. Arbol’s UK Expansion Arbol is expanding into the UK by launching a London-based
Anzen, the AI platform for underwriting and reducing corporate risk, has recently announced the launch of its Anzen Specialty Marketplace. This marketplace serves as a one-stop solution for all things Executive Risk, delivering on the company’s promise to provide comprehensive and efficient risk management services. Background of Anzen Originally established as a Management Liability MGU and risk management platform, Anzen
In a transformative move, industry leaders LexisNexis Risk Solutions and Agenium have joined forces to integrate data and analytics into the life insurance application process. This alliance aims to enhance the application journey by leveraging advanced technology to detect fraud, collect accurate consumer data, and create a seamless experience for both consumers and producers. Importance of Integration The integration of
In a significant move towards ensuring workplace safety, California Governor Gavin Newsom signed Senate Bill 553 on September 30, 2023. This bill creates new workplace violence prevention standards in the state. Under Labor Code Section 6401.9, California employers are now obligated to implement workplace violence prevention plans tailored to their specific workplaces. With the law set to go into effect,
Discrimination in hiring practices is not only unjust but also detrimental to workforce diversity and the talent pool. Kforce, a national staffing agency, recently found itself in hot water when it was charged with violating the Immigration and Nationality Act (INA) by engaging in hiring discrimination based on citizenship status. The Department of Justice (DOJ) has since reached a settlement
In an effort to simplify the integration process for its B2B2C partner companies, Chubb has unveiled its latest innovation, Chubb Studio. This cutting-edge developer portal aims to enhance accessibility and streamline the testing of Chubb’s diverse digital insurance products and capabilities. With this launch, Chubb is taking a significant stride towards transforming the insurance landscape, empowering its partners to deliver
Kita, a leading provider of carbon insurance products, has announced the appointment of James Brown as their new Technical Underwriting Advisor. With decades of experience in technical underwriting, James will play a crucial role in assisting Kita in assessing risk and developing innovative insurance solutions for carbon removal projects. This appointment marks a significant step forward for Kita as they
In the United States, mid-market companies are gravely underestimating the risks associated with flooding, leaving themselves vulnerable to significant financial losses and business disruptions. Despite the increasing frequency and severity of floods, a shocking number of companies are unaware and ill-prepared for such events. This article sheds light on the misconceptions surrounding insurance coverage, explores the staggering costs of flooding,
In a shocking revelation, it has emerged that every McDonald’s branch in London has received a complaint regarding sexual harassment and discrimination. The Bakers, Food and Allied Workers’ Union (BFAWU) has been at the forefront of addressing these issues and has reported over 1,000 complaints from McDonald’s employees. The gravity of the situation is underscored by the nature and extent
Anansi, a pioneering insurtech firm, has announced a groundbreaking collaboration with Tokio Marine HCC, Liberty Mutual, and Arch Insurance to introduce a unique parametric goods-in-transit insurance solution for large retailers. This innovative partnership aims to revolutionize the goods-in-transit insurance sector by offering unparalleled coverage and flexibility. By leveraging Anansi’s data-centric platform and parametric claims solution, this collaboration significantly eases the
