The rapid evolution of working practices, with more businesses adopting remote and hybrid work models, has highlighted the need for adequate insurance coverage to protect against computer risks. Shockingly, two-thirds of businesses are not giving due consideration to computer insurance risks in this changing landscape. This article aims to shed light on this issue and its potential consequences for businesses,
India’s insurance market is on the cusp of remarkable growth, projected to become the sixth largest in the world by 2032. With an annual average growth rate of 9%, the industry is set for significant expansion. Driving this growth is the emergence of insurtech, which involves the integration of technology into the insurance sector. Tech companies, equipped with expertise in
Root Platform, a Cape Town-based insurance technology provider, has recently secured $1.5 million in funding. The successful fundraising serves as a stepping stone for Root’s ambitious goal of establishing a prominent global presence in the insurance industry. Co-founded in 2016 by Louw Hopley, Root Platform offers end-to-end insurance technology solutions, making it easier for companies across Africa, the UK, and
In a world dominated by technology, manual processes have become outdated and inefficient. Insurance verification, in particular, has long been a laborious task involving the exchange of millions of static documents across the United States. Recognizing the need for a modern approach, TrustLayer has emerged as an innovator in the insurance industry, harnessing the power of Robotic Process Automation (RPA)
In the world of HR professionals, it is a well-known principle that company documentation can make or break an employer when it comes to legal battles. This was proven once again in the case of Ossmann v. Company XYZ, where the fate of an employee hinged on the effectiveness of the documentation presented. This article delves into the details of
In a transformative collaboration, Glia, a leading provider of customer interaction platforms, has joined forces with Insurity, a renowned insurance platform provider. Their partnership aims to revolutionize the customer experience by seamlessly integrating Glia’s customer interaction platform with Insurity’s AI capabilities and insurance platform, enabling brokers and agents to conduct business more efficiently. Overview of the Glia and Insurity Partnership
Peppercorn, the world’s first Conversational AI platform built specifically for the insurance industry, has chosen Aurum Solutions, a leading provider of next-generation reconciliation software, to automate their reconciliation processes. This strategic partnership between Peppercorn and Aurum Solutions aims to streamline operations, reduce errors, and facilitate scalability for the fast-growing insurtech company. Aurum Solutions For over two decades, Aurum Solutions has
In today’s digital age, automation and AI-powered platforms have revolutionized various industries, including insurance. Customer Experience Automation (CXA) is one such innovative solution that streamlines and automates interactions between insurance providers and their customers. This article will explore the manifold benefits of CXA for insurance providers, highlighting how it improves communication rates, enables seamless experiences through Ushur’s InvisibleApp, facilitates efficient
Four Starbucks locations in the St. Louis area have been found in violation of federal labor law by the National Labor Relations Board (NLRB), according to a ruling on September 21. The NLRB concluded that the coffee chain engaged in unfair labor practices that violated the National Labor Relations Act (NLRA). This ruling sheds light on the employer’s attempts to
In a significant development, two black TikTok employees have filed a class-action charge with the U.S. Equal Employment Opportunity Commission (EEOC) against ByteDance, the parent company of TikTok. These employees have come forward, alleging racial discrimination and retaliation in the workplace. The case shines a light on the persistent challenges that black workers face, not just at TikTok but across
A recent case before the New York Appellate Division has garnered attention as it involved a lawsuit seeking damages for employment discrimination based on sex. The plaintiff in the case made serious allegations against certain male supervisors and coworkers, claiming sexual harassment, unfavorable treatment compared to her male counterparts, and ultimately being terminated after an altercation at an employer-sponsored event.
In a recent case involving a workplace injury, a judge has determined that the plaintiff was not an employee at the time of the incident. This decision has been upheld by the appeals panel, leaving the plaintiff with limited options for seeking compensation. Let’s delve into the details of this case and explore the implications for both the plaintiff and
