In the rapidly evolving landscape of insurance technology, NEXT Insurance stands out as a digital Insurtech platform dedicated to transforming small business insurance. With a firm commitment to streamlining processes and enhancing efficiency for agents and the small businesses they serve, NEXT Insurance is proud to announce its integration with Ivans Download for General Liability and Workers’ Compensation policies. This
European insurtech start-up, Hepster, has secured €10 million in Series B funding as it sets its sights on expanding into new markets and working towards profitability. The company offers an API-driven platform that enables businesses to integrate customized insurance solutions into their customer journeys. With a focus on accessibility and innovation, Hepster seeks to revolutionize the insurance industry by offering
In a strategic move that aims to bolster its presence in the Asia-Pacific region, CLARA Analytics, a leading provider of artificial intelligence (AI) solutions for insurers, has joined forces with OPEX Consultants, a renowned consultancy firm. This exclusive partnership marks a significant milestone for CLARA as it seeks to expand its business operations in Australia and New Zealand. With a
When employers fail to fulfill their responsibilities regarding employee benefit plans, it not only jeopardizes the financial security of workers but also runs afoul of the law. In a recent case, the U.S. Department of Labor’s investigation revealed that Bicallis LLC and its owner, Ms. Jane Hill, had failed to forward employees’ payroll deductions for 401(k) plan contributions. This breach
In a recent case, a man alleged that a title insurance company terminated him for actively competing with a similar company in anticipation of a proposed merger between the two entities. This article presents a comprehensive examination of the events leading up to the termination and the subsequent legal proceedings. Allegations and Actions of the Plaintiff The plaintiff, employed by
The insurance industry is undergoing a remarkable transformation driven by the rapid advancements in technology. Insurers are swiftly adapting to the evolving landscape, embracing a myriad of technological innovations. Recent reports suggest that the global Insurtech market is poised for remarkable growth, reaching a substantial market size of USD 166.4 billion. This article explores how the insurance industry can benefit
The process of sponsoring a foreign worker for permanent residency in the United States can be complex and rigorous. A crucial step in this process is obtaining a permanent labor certification from the U.S. Department of Labor (DOL), commonly known as the Program Electronic Review Management (PERM) process. In this article, we will walk you through the various steps involved
The U.S. Supreme Court’s recent decision against using race as a factor in college admissions has sparked worries about the potential backlash it may have on efforts to increase diversity in the workplace. Although the ruling specifically applies to colleges and universities, many fear its chilling effect on workplace diversity, equity, and inclusion (DEI) efforts. The limited scope of the
The insurance industry is undergoing a remarkable transformation, thanks to the emergence of cloud-based technology. This innovative approach has unlocked a whole new realm of possibilities, offering unparalleled opportunities for growth, innovation, and enhanced customer experiences. In this article, we will delve into the significance of cloud-based technology in shaping the insurance landscape and explore how it revolutionizes various aspects
In the realm of employment law, termination clauses play a crucial role in defining the rights and obligations of both employers and employees. A recent decision by the Supreme Court of British Columbia has shed light on the enforceability of such clauses and their implications for employers in Canada. This article examines the court’s decision, compares it to the interpretation
Technology is revolutionizing industries across the globe, and the insurance sector is no exception. Innovative technologies are reshaping the insurance industry, resulting in better client experiences, faster operations, and greater risk management. In this article, we will explore the various ways in which technology is transforming the insurance industry, benefiting both insurance companies and policyholders. Insurtech and Personalized Experiences Insurtech
In a landmark case that questioned the responsibilities of third-party drug testing entities when it comes to the termination of an employee, the Texas Supreme Court delivered a significant ruling. At the heart of the dispute was the issue of whether a third-party entity, hired by an employer to collect and test drug samples from employees, owed a common-law duty
