NEXT Insurance, a leading digital small business insurer, has made a significant stride by introducing its commercial umbrella/excess liability coverage. This new offering aims to provide small businesses with an additional layer of protection beyond their foundational general liability policy. The company’s commitment to serving its customers is evident as the expansion will be available both directly and through agents,
Acturis Group, a leading insurance software provider, has made a strategic move to enter the US market by acquiring Broker Buddha, a digital client engagement platform. This acquisition not only demonstrates Acturis Group’s commitment to expanding its global presence but also highlights its vision to enhance customer loyalty and streamline operations for insurance agencies through innovative digital solutions. Overview of
In a groundbreaking move, a bipartisan bill was introduced in the U.S. House of Representatives on Thursday aiming to address the issue of federal security clearances and employment opportunities for individuals with a history of marijuana use. Titled the Cannabis Users Restoration of Eligibility Act, or CURE Act, this legislation aims to eliminate obstacles faced by previous or current marijuana
In the dynamic digital age where cyber threats emerge daily, the need for cyber insurance is at an all-time high. As businesses increasingly face the risk of cyber attacks and data breaches, underwriters have turned to external vulnerability scanning tools to evaluate the cyber risk profile of their clients. This article explores the benefits and limitations of external vulnerability scanning
In an exciting development for the insurtech industry, Blitz Insurance and Ascend have announced a strategic partnership aimed at modernizing payment experiences for insurance brokers in specialty markets. With the objective of unlocking new customer segments and improving payment experiences, this collaboration promises to be a game-changer in the world of specialty insurance. Unlocking new customer segments One of the
The U.S. 9th Circuit Court of Appeals recently made a significant ruling that underscores the importance of maintaining a respectful and inclusive work environment. In a case involving wholesale clothing manufacturer S&S Activewear, the court determined that allowing offensive music to be played in the workplace could be considered a form of harassment that violates Title VII of the Civil
Amazon, the e-commerce giant, has chosen CLARA Analytics as its technology partner for a new program aimed at enhancing health and claim outcomes for their corporate workers’ compensation claims. This partnership signifies a significant step forward in leveraging artificial intelligence (AI) and advanced machine learning technologies to revolutionize the management of insurance claims. CLARA’s AI Platform At the core of
California is taking proactive measures to ensure that employers comply with the California Consumer Privacy Act (CCPA) in order to protect the personal information of individuals. In a recent announcement, California Attorney General Rob Bonta revealed an ambitious investigative sweep targeting employers. Through inquiry letters sent to large California employers, the attorney general’s office aims to gather information on companies’
The U.S. Citizenship and Immigration Services (USCIS) has recently released an updated version of Form I-9, which is a vital document used by employers to verify the identity and employment eligibility of their employees. This updated form includes a new checkbox that allows employers to indicate the use of alternative verification procedures. Importantly, USCIS has approved one such procedure, which
In an exciting partnership, AXA, a leading global insurer, has teamed up with GoGoX, a prominent technology platform for logistics services, with the objective of co-creating a new model of technology platform collaborating with insurance. This collaboration aims to leverage AXA’s expertise and product offerings in general insurance and combine it with GoGoX’s platform scale and innovative technological capabilities. The
In a move to protect workers from potential financial risks and predatory debt collection practices, the California Department of Justice has issued a cautionary message to employers about the dangers of “employer-driven debt” policies. These policies, which have been gaining popularity, involve employers providing on-the-job training and work-related equipment and supplies to employees, with the condition that they must reimburse
Freely, the groundbreaking end-to-end travel insurtech and safety app, is excited to announce its official launch in the United States. The app aims to revolutionize the travel insurance industry by providing a seamless, accessible, and flexible solution for travellers worldwide. With Freely, travellers can confidently explore the world, knowing they have the necessary protection at their fingertips. Underwriting and Global
