Caitlyn Jones, Author at B2Bdaily.com

FinTech Insurance

Revolutionizing the Insurance Sector: Indemn Raises $1.9M for AI-Driven Livestock Insurance Platform

New York-based Insurtech platform Indemn has recently closed a significant pre-seed funding round, securing $1.9 million to fuel its ambitious plans for reshaping the insurance landscape. This funding round was led by venture capital firm Markd, with participation from prominent investors such as Afterwork Ventures, Everywhere Ventures, and a group of investors from Australia and the United States. Indemn, established

February 1, 2024

Employment Law

Court Rules Astronautics Corporation of America May be Liable as a Joint Employer in FMLA Lawsuit

In a recent ruling, a federal district court judge determined that Astronautics Corporation of America may be considered a joint employer along with its subsidiary, Kearfott Corp., for purposes of the Family and Medical Leave Act (FMLA). The case, Duncan v. Kearfott Corp., involves allegations of wrongful termination filed by an HR manager against Kearfott Corp. The decision by the

February 1, 2024

FinTech Insurance

AI Insurtech Innovator, Indemn, Clinches $1.9M in Pre-Seed Funding: Reimagining the Future of Digital Insurance

Indemn, a pioneering insurtech platform, recently announced the successful closure of a $1.9 million pre-seed funding round. The funding round was led by Markd, a venture capital company, with significant contributions from Afterwork Ventures, Everywhere Ventures, and a group of prominent entrepreneurs and insurance leaders from Australia and the US. This funding not only demonstrates investor confidence in Indemn’s vision

January 31, 2024

Employment Law

Former Equities Analyst Sues Nomura Securities for Discrimination and Retaliation

In a significant case highlighting the persisting challenges of gender discrimination and retaliation in the corporate world, a former equities analyst has filed a lawsuit against Nomura Securities. The analyst alleges that she was subjected to discriminatory treatment throughout her time at the financial services firm simply because she is a woman. Furthermore, she claims that she was terminated after

January 31, 2024

FinTech Insurance

Revamping Insurance in the Digital Age: A Comprehensive Analysis by INSTANDA

In today’s rapidly evolving Information Age, the insurance industry faces significant challenges and opportunities. Experts warn that insurers risk being left behind if they fail to embrace the transformative power of new technologies and customer-centric approaches. This article explores the need for a new type of muscle in insurance, highlighting the importance of understanding and meeting consumer demands, harnessing the

January 31, 2024

FinTech Insurance

BOXX Insurance and AXA Partner Up to Empower Small Businesses with Revolutionary Cyber Risk Mitigation Solution

In today’s digital landscape, small businesses face an increasing and critical need for comprehensive protection against cyber threats. Recognizing this, BOXX Insurance has developed a user-friendly solution aimed at helping businesses better predict and prevent potential cyber attacks. By offering advanced cyber risk prevention tools in partnership with AXA, small businesses can now safeguard their operations and stay one step

January 31, 2024

FinTech Insurance

CarbonPool Secures $12 Million Funding: Pioneering Carbon Credit Insurance and Aligning Financial Viability with Environmental Sustainability

CarbonPool aims to address the urgent need to expedite investment in carbon credits, which play a crucial role in achieving net zero emissions. By offering carbon credit insurance with claims payments made in-kind, CarbonPool seeks to provide enhanced confidence and assurance to investors, regulators, and other stakeholders. Challenges in the Carbon Credit Market The carbon credit market has experienced considerable

January 30, 2024

FinTech Insurance

Revolutionizing Insurance: Ascend Partners with Nirvana Insurance to Modernize Direct Bill Processing

In a significant move towards digital transformation, Nirvana Insurance has selected Ascend, the industry-leading platform for financial operations automation, to streamline its financial operations and enhance its direct bill processing capabilities. This collaborative integration between Ascend and Nirvana Insurance marks a milestone in Nirvana’s journey to expedite reconciliations, modernize billing experiences, and maximize operational efficiencies. A Milestone for Nirvana Insurance

January 30, 2024

Employment Law

Tackling Ageism in the Workplace: Promoting Age-Inclusive Practices for a Diverse Workforce

In today’s increasingly diverse and inclusive workplaces, age is often a forgotten facet of diversity, equity, and inclusion (DEI) work. However, age discrimination is a significant issue faced by many older workers, one that is protected by federal law. This article delves into the importance of addressing age as a vital component of DEI efforts and explores the measures that

January 29, 2024

Employment Law

Construction Company Fined $156,259 After Teenager Loses Both Legs in Worksite Accident

In a shocking incident that has raised concerns about workplace safety and youth employment laws, a 16-year-old worker has tragically lost both of his legs on a construction site. The Washington State Department of Labor & Industries has fined the construction company, Rotschy Inc., a staggering $156,259 for allegedly allowing the teenager to operate a walk-behind trencher without supervision or

January 29, 2024

Employment Law

Lawsuit Alleges Discrimination and Retaliation in Seattle Cancer Center’s Diversity, Equity, and Inclusion (DEI) Efforts

A clinical social worker has filed a lawsuit against a Seattle-based cancer center, alleging discrimination and retaliation based on her race, religion, and political beliefs. The lawsuit highlights the importance of diversity, equity, and inclusion (DEI) efforts within the organization, as well as the significance of fostering inclusive discussions and providing training that embraces diverse backgrounds and viewpoints. Allegations of

January 29, 2024

Employment Law

Aerospace Companies Settle with Workers Over Alleged Illegal No-Poach Agreement

A group of aerospace companies has reached a settlement with workers who claimed that the companies were engaged in an illegal no-poach agreement. In a significant development, Cyient Inc. has agreed to pay $7.4 million to resolve the allegations. This settlement comes after a lawsuit by the U.S. Department of Justice (DOJ) in 2021, which accused a former executive at

January 29, 2024