California employers have less than nine months to comply with the state’s new law requiring workplace violence prevention plans. The law, the first of its kind in the country, establishes general industry workplace violence prevention safety requirements. With workplace violence on the rise, California is taking proactive steps to ensure the safety and well-being of its workers. Background on the
The cyber insurance market is rapidly evolving, and the need for effective risk management has become paramount. A recent survey highlights the current state of the market, with over 89% of respondents acknowledging the rapid evolution of cyber insurance. However, more than half of the respondents deemed the current state of the market unsustainable. In this article, we delve into
In a significant collaborative move, Bluezone and Shepherds Friendly have joined forces to launch an upgraded version of their life insurance policy specifically tailored for individuals with Type 2 diabetes. The partnership aims to address the growing need for accessible life insurance options through the utilization of advanced technology solutions and personalized coverage. Advantages of the Partnership To the delight
India-based insurtech firm InsuranceDekho recently secured $60 million in Series B funding, a combination of equity and debt capital. This funding round aims to propel the company’s growth and expand its market presence. Led by Eurazeo, Mitsubishi UFJ Financial Group, and Beams Fintech Fund, this investment comes as InsuranceDekho seeks to supercharge its operations and revolutionize the insurance sector in
French InsurTech company Orus has recently announced that it has raised €11m in a Series A funding round, led by Notion Capital and VR Ventures/Redstone. The funding will be instrumental in Orus’s mission to provide modular insurance solutions tailored for SMBs (small and medium-sized businesses) across the European market. Orus’s Modular Insurance Solutions for SMBs Orus has built a reputation
California Governor Gavin Newsom has signed legislation that grants workers the right to take leave in the event of a pregnancy loss. The new law aims to support employees during a difficult time and ensure they have the necessary time to recover and cope with the emotional impact. Let’s delve into the details of this landmark legislation. Overview of the
Workplace investigations play a crucial role in addressing allegations of misconduct and ensuring a fair and safe work environment for all employees. To conduct a successful investigation, it is essential to select an investigator capable of executing their duties promptly, thoroughly, and impartially. This article explores the various aspects of workplace investigations, from selecting the right investigator to managing conflicts
In today’s rapidly evolving landscape, the insurance industry is experiencing a profound transformation. Technology-first insurance players are harnessing advanced data solutions to address complex challenges, resulting in improved underwriting outcomes that benefit both customers and the bottom line. The Shift Towards Digital Players in the Life Insurance Market Predictions suggest that over the next decade, the bulk of the life
Allianz Partners, a global leader in B2B2C insurance and assistance services, has joined forces with bolttech, an international insurtech company, to offer comprehensive embedded device and appliance protection insurance across the Asia Pacific and the United States. This strategic partnership aims to cater to the growing market demand for reliable insurance coverage for electronic products and household devices. By leveraging
Starbucks, the multinational coffeehouse chain, has been directed to submit the necessary documents to the Department of Labor (DOL) to determine its compliance with the Labor-Management Reporting and Disclosure Act. This decision was made by the U.S. District Court for the Western District of Washington on October 4, following the issuance of a subpoena to Starbucks by the DOL. Despite
In today’s rapidly evolving digital landscape, digitalization has emerged as a catalyst for transformation across industries, including insurance. With the aim of tracking progress in the digitalization of insurance markets, Swiss Re Institute has introduced the Insurance Digitalization Index. This index serves as a valuable tool for measuring advancements and identifying areas for improvement within the insurance sector. The Insurance
The advent of 5G technology heralds a new era of connectivity and data management for insurtech companies. With its massive bandwidth, increased capacity, and lower power consumption, 5G promises to revolutionize the insurance industry by enabling real-time applications, enhanced security, and accelerated transactions. This article delves into the benefits and implications of 5G technology for insurtech companies, highlighting the potential
