InsurTech NY, the largest InsurTech community in North America, recently completed its fourth growth-stage InsurTech accelerator cohort. As the demand for innovative solutions in the insurance industry continues to grow, InsurTech NY plays a crucial role in supporting startups and fostering their development. Selection Process Out of a remarkable pool of over 155 applicants hailing from 20 countries around the
Papa John’s, the popular pizza chain, has agreed to pay $175,000 to settle a disability discrimination case brought against them by the U.S. Equal Employment Opportunity Commission (EEOC). This settlement comes after a worker with vision impairments was denied a reasonable accommodation at a Papa John’s restaurant in Athens, Georgia. The lawsuit highlights the importance of providing equal opportunities for
The insurance industry is currently undergoing a profound transformation, characterized by disruptive technologies and innovative ideas that challenge traditional business models and reshape the status quo. Telematics, data science, and advanced technology have revolutionized risk assessment and customer interaction in the insurance sector, ushering in a new era of possibilities. The Emergence of InsurTech Coalition In response to these transformative
In an effort to enhance their outward reinsurance system, Synpulse, a leading management consulting firm, has recently partnered with insurtech software provider, Cenata. This exciting partnership aims to offer commercial insurers and reinsurers real-time outward reinsurance management through CenataSure, a cutting-edge software solution. With its advanced automation, integration, and reporting features, CenataSure is set to transform the way reinsurance treaties
Singaporeans are increasingly recognizing the importance of comprehensive yet affordable travel insurance. To cater to this growing need, Seedly, the largest personal finance platform in Singapore, has launched Seedly Travel Insurance. This innovative product offers two tiers of coverage – Seedly Travel Safe and Seedly Travel Secure – providing flexible options to meet diverse customer needs. With its inclusive coverage,
Alliant Insurance Services, one of the nation’s leading distributors of diverse insurance solutions, has recently appointed Martin Khalaf as Senior Vice President within its Alliant Americas division. This strategic move aims to strengthen the company’s West Coast brokerage team and expand its capabilities in California, further solidifying its position in the region. Khalaf’s Extensive Expertise in Risk Assessment, Management, and
In a bid to simplify insurance concepts and help customers navigate the landscape confidently, ACKO, an insurance technology company based in Bengaluru, has partnered with prominent Indian actor R Madhavan as the firm’s ‘Voice of the Customer’. This strategic alliance aims to revolutionize the insurance industry by fostering trust, reliability, and transparency in a sector known for its complexities. Simplifying
In an effort to empower small and medium-sized enterprises (SMEs) and enhance their cybersecurity posture, Cowbell Cyber has joined forces with Microsoft to offer policyholders complimentary Microsoft Exchange migrations to Microsoft 365 Business Premium. This collaboration aims to assist SMEs in harnessing the full potential of artificial intelligence (AI) and achieving seamless transitions to the cloud while ensuring enhanced cybersecurity
The insurance industry is undergoing a significant transformation as various insurtech companies unite to form the InsurTech Coalition. Boost, Branch, Clearcover, Lemonade, and Root Insurance have joined forces to shape the future of insurance. This trade organization aims to embrace new ideas, leverage innovative technologies, and challenge long-standing business models. In a time when telematics, data science, and artificial intelligence
Insurance companies have traditionally operated in a traditional and risk-averse manner. However, in today’s rapidly evolving landscape, digital transformation and innovation have become keystones in the industry’s evolution. Customer expectations are rapidly changing, forcing insurance companies to adapt and evolve to stay relevant. This article explores the role of digital transformation and innovation in the insurance sector and how companies
Novidea, a leading provider of insurance software solutions, has recently appointed two seasoned sales managers, James Doe and Mike Scott, to spearhead the company’s growth in the dynamic and competitive insurance sector. With a focus on expanding their team with top talent, Novidea aims to solidify its position as a market leader and expand its reach across territories. Expansion Plans
Lassie, a trailblazing InsurTech startup, has recently made waves in the industry by successfully raising €23m in a Series B funding round led by Balderton Capital. This substantial funding round not only demonstrates Lassie’s potential but also signifies the growing interest in innovative solutions within the pet insurance sector. With a unique approach that combines insurance and wellness coaching, Lassie
