In a groundbreaking collaboration, Blink Parametric and Baloise, one of the leading Swiss insurance service providers, have joined forces to introduce a suite of innovative travel insurance solutions. This partnership aims to transform the travel insurance landscape by providing customers with real-time, tailor-made digital travel assistance products. With a focus on meeting the evolving needs of travelers, Baloise is rolling
Checkatrade, the UK’s largest trade directory, has announced a strategic collaboration with Superscript, a leading small business and startup insurance distributor. This partnership aims to provide comprehensive insurance coverage to Checkatrade’s extensive network of 47,000 members. With a commitment to meeting The Checkatrade Standard and undergoing diligent vetting checks, these members are now required to have appropriate insurance coverage. Superscript
A social worker who shared gender-critical beliefs online has emerged victorious in her claim against both her employer and a professional regulator for harassment. This groundbreaking case highlights the importance of upholding the freedom of thought and the manifestation of beliefs, as protected by Articles 9 and 10 of the Human Rights Act. Background Information The case revolves around a
The U.S. Department of Labor recently made a significant announcement regarding Beyond Yoga contractors. These contractors have been ordered to pay a total of $1.1 million in back wages and damages to 165 Los Angeles-based garment workers. The investigation conducted by the department revealed that four contractors associated with the popular apparel brand “willfully failed to pay” overtime wages to
The U.S. Department of Labor (DOL) recently unveiled its final rule, revising the interpretation of the Fair Labor Standards Act’s classification provision to determine whether a worker should be considered an independent contractor. This rule holds significant implications for employers and workers, aiming to establish a consistent framework for determining employment status and ensuring fair treatment. The Final Rule and
In the fast-paced insurance industry, customer experience (CX) reigns supreme. Insurers are increasingly recognizing that providing a superior CX is the key to success. In this article, we explore the importance of CX, consumer preferences, the power of Generative AI (GenAI), and how it can transform the industry. We’ll also delve into the specific tenets for an efficient CX platform
DigitalOwl, an insurance technology company, has recently secured a significant $12 million investment from Reinsurance Group of America, Incorporated (RGA). This investment marks a strategic partnership between the two companies and paves the way for the integration of DigitalOwl’s advanced AI technology into RGA’s systems through a long-term global partnership. The collaboration aims to further aid platform development and enhance
Ohio Mutual, a leading mutual insurance company, has recently announced its partnership with Akur8, a provider of advanced risk and rate modelling solutions. The collaboration aims to streamline Ohio Mutual’s predictive modelling processes, improve rate reviews, and foster a more data-driven approach to sharing actionable insights with internal stakeholders. This strategic move demonstrates Ohio Mutual’s commitment to staying ahead in
Dyad, Inc. (formerly XDimensional Technologies and I-Engineering) has recently made a significant foray into the Property & Casualty (P&C) insurance market. This strategic move aims to meet the evolving needs of various segments within the insurance industry. With a strong focus on innovation and comprehensive solutions, Dyad is poised to make a lasting impact in the market. Strategic Vision Recognizing
The collaboration between Mastercard and 4thWave aims to revolutionize and optimize business-to-business (B2B) payment flows in the Eastern Europe, Middle East, and Africa (EEMEA) region. By harnessing 4thWave’s sophisticated supply chain finance platform, the partnership seeks to address the need for efficient financing platforms, particularly for small and medium-sized enterprises (SMEs) and micro, small, and medium enterprises (MSMEs). This collaboration
The ever-increasing threat of cyber attacks has left businesses vulnerable, making comprehensive cyber insurance coverage a necessity. To address this, Cowbell, a leading provider of cyber insurance, has expanded its coverage to include businesses with an annual turnover of up to £1 billion. This move solidifies Cowbell’s commitment to fortifying the UK business landscape against cyber threats and meeting the
Vienna-based InsurTech company hi.health has successfully raised €6m in its pre-Series A financing round. The funding comes in the wake of high investor interest, with notable existing investors such as SpeedInvest and Calm/Storm participating alongside new international investors Haymaker Ventures, Fin VC, and Nina Capital. This financing round marks a pivotal moment for hi.health as it seeks to scale its
