Novidea, a leading technology provider in the insurtech industry, has been selected by Mivtach Simon, Israel’s largest insurance, pension, and financial planning company, as its technology partner to implement an innovative insurance distribution platform. This strategic collaboration aims to centralize operational processes and services, marking a significant milestone in Mivtach Simon’s digital transformation program. Mivtach Simon’s role in the insurance
In a groundbreaking collaborative effort, Reask and Cytora have joined forces to incorporate state-of-the-art natural catastrophe risk analytics APIs into Cytora’s platform. This strategic partnership aims to provide insurers with unmatched tools to assess and manage the threats that natural disasters pose. By merging the potent risk analytics APIs with Cytora’s platform, insurers gain a gateway to intricate risk evaluations
Nearly 70 Indian nationals have recently filed a lawsuit against the Department of Homeland Security (DHS), accusing the agency of unfairly denying their visas on the grounds of employer fraud. These individuals were employed through the Optional Practical Training (OPT) program, which provides foreign graduates of US colleges and universities with temporary work authorization. Background The plaintiffs argue that they
In today’s highly competitive market, life insurers must have an effective customer communications strategy to stay ahead of the competition. This article explores the correlation between an improved policy management system and effective customer communications, the limitations of current legacy systems, the benefits of cloud-based CCM software, the importance of every touchpoint in the life insurance journey, the limitations of
Cytora, a renowned provider of digital risk processing platforms, has entered into a groundbreaking partnership with JETNET, a leading expert in aviation market intelligence. This collaboration aims to revolutionize the insurance industry by seamlessly integrating JETNET’s aviation intelligence APIs into Cytora’s platform. The result is a comprehensive global aviation risk solution that empowers insurers with real-time data, advanced analytics, and
The U.S. Equal Employment Opportunity Commission (EEOC) has recently taken legal action against Olive Garden, alleging that a manager at one of its branches asked illegal questions about a candidate’s disability during a job interview. The lawsuit serves as a reminder of the importance of adhering to the Americans with Disabilities Act (ADA) and the consequences employers may face for
As workplace dynamics become increasingly complex, employers are recognizing the value of investing in outside counsel investigations. These investigations not only help address complex personnel problems but also contribute to the improvement of workplace culture. This article explores the situations in which investment in outside counsel is warranted and highlights the limitations of relying solely on internal human resources (HR)
In a significant development, the New York Supreme Court has rejected motions to dismiss in the case between former Fox News employee Laura Luhn and former Fox News Chairman and CEO Roger Ailes. The complaint alleges a decades-long campaign of discrimination, manipulation, threats, and sexual assaults by Ailes against Luhn. This decision opens the door for further legal proceedings to
In a recent case before the Court of Appeals for the First District of Texas, an important decision was reached regarding the liability of a defendant for allegedly defamatory remarks made against the plaintiff. The case centered around a slander lawsuit filed by the plaintiff against the defendant, who was the city attorney for the City of Shenandoah. Additionally, other
The Taiwanese insuteche industry is undergoing significant changes as the regulatory authority makes adjustments to the solvency framework. These revisions aim to ease the burden on insurers by reducing capital charges on various asset categories and extending phase-in periods. Furthermore, the industry is witnessing a rise in digital distribution channels, enabling insurers to obtain insurance policies more easily. This article
SureIn, a disruptive insurtech startup, recently announced the successful closure of a seed funding round worth €4m. This funding comes at a crucial time for the company as it aims to revolutionize the historically tricky European SMB insurance landscape. With this significant infusion of capital, SureIn is poised to transform the status quo and provide tailored risk protection for SMBs.
Aktia Life, a leading life insurer in Finland, has made a strategic decision to collaborate with Sapiens, a renowned provider of software solutions for the insurance industry, for their core system transformation project. This partnership aims to support Aktia Life’s growth and renewal goals, improve customer and employee experience, and drive digitization within the organization. The Chosen Partner for Complex
