In today’s digital age, organizations are increasingly adopting artificial intelligence (AI) tools and automated systems for various business processes, including candidate screening and hiring. While these technologies offer efficiency and accuracy, they also pose risks when it comes to compliance with legal regulations. Without proper guidance or legislation, organizations can inadvertently expose themselves to significant legal and ethical challenges. This
Gild Insurance Agency, a pioneering independent insurance agency, and Bambee, the leading HR platform for small businesses, have announced a strategic partnership aiming to support America’s smallest businesses. This collaboration aims to provide comprehensive HR management and risk mitigation solutions tailored to SMEs across America. With Gild Insurance’s dedication to serving small businesses and Bambee’s provision of HR guidance and
India-based Onsurity, an SME-focused, subscription-led employee healthcare benefits provider, has successfully raised $24m in a Series B funding round. The funding round, which saw participation from key investors including IFC, Nexus Venture Partners, and Quona Capital, reflects the growing demand for technology-driven solutions in the insurtech space. Diving into what Onsurity offers, the company is revolutionizing the InsurTech space by
CRIF, a major player in Europe’s financial services sector known for its risk management solutions, has ventured into the UK’s insurance market with a real-time pet insurance service. The introduction of Pet Check comes at a critical juncture, with pet insurance claims reaching record levels and the cost of living soaring. Pet owners are on the lookout for the best
In today’s increasingly diverse and inclusive workplaces, it is crucial for employers to address all forms of harassment. While sexual harassment has often been the main focus, federal laws and guidelines emphasize that comprehensive policies should encompass various types of harassment, including those based on race, religion, ethnicity, disability, and gender identity. This article explores the importance of including and
Breach Insurance, a Boston-based global insurance underwriter, has made an exciting announcement with the launch of its latest offering: Crypto Shield Pro. This innovative crypto custody insurance policy is specifically designed for institutional clients of crypto custody solutions. In a world where the security of digital assets is of paramount importance, this product aims to provide comprehensive coverage and protection
Pet insurance has become increasingly popular in recent years as pet owners seek financial protection for their beloved furry companions. However, the rise in claims volumes and payouts in 2022 has put significant pressure on pet insurers. To navigate this challenging landscape, CRIF has launched Pet Check, a groundbreaking solution that allows insurers to instantly verify pet details and policyholders’
Gild Insurance Agency and Bambee have recently announced a strategic partnership with the aim of providing comprehensive HR management and risk mitigation solutions tailored specifically to America’s smallest businesses. This collaboration brings together Gild Insurance’s expertise in serving small businesses across the United States with Bambee’s leading position as a provider of HR guidance and support. Comprehensive HR Management and
EaseMyTrip.com, a prominent online travel platform in India, has announced its strategic partnership with Cover Genius, a leading insurtech company specializing in embedded protection. This collaboration aims to enhance the travel experience by providing comprehensive and flexible protection options to EaseMyTrip customers. By integrating with Cover Genius’ global distribution platform, XCover, travelers can now easily add Cancel For Any Reason
Rainbow, an insurtech company, recently announced the launch of its annual Business Owner’s Policy (BOP) specifically tailored to meet the needs of the restaurant industry. This move marks Rainbow’s entry into the admitted commercial multi-peril market, with capacity provided through insurtech Accelerant. The company’s digital insurance products are now available to independent agents and brokers, either through direct appointment or
Insurtech start-up Allium Data, Inc. has made major waves in the industry by securing a significant pre-seed funding round of $750,000 from Markd, a prominent insurance and insurtech-focused venture capital firm. This funding marks a pivotal moment for Allium Data, allowing them to accelerate their growth and go-to-market strategy for all of their innovative platform products. With a mission to
Reserv, the digital-native Third Party Administrator (TPA), has recently announced the successful closure of its $20 million Series A funding round. The funding will be utilized to expand Reserv’s generative AI claims data analysis tools, further enhancing efficiency and accuracy in insurance claims handling. Co-led by Altai Ventures and Bain Capital Ventures (BCV), this funding round attracted participation from prominent
