In today’s rapidly evolving digital landscape, Insurtech has emerged as a game-changer in the insurance sector. Defined as the application of technological innovations in insurance, Insurtech aims to streamline processes, enhance efficiency, and provide superior customer experiences. By leveraging automation, big data, analytics, and artificial intelligence (AI), Insurtech is reshaping the traditional insurance industry to meet the ever-changing demands of
The insurance industry has always been known for its complex processes, lengthy paperwork, and time-consuming claims procedures. However, advancements in Artificial Intelligence (AI) are now dramatically transforming the way insurance companies operate. By harnessing the power of AI, insurers can not only improve their customer service and streamline processes but also minimize risk. In this blog post, we will explore
The California Labor Commissioner’s Office (LCO) has recently delivered a significant blow to five Wingstop restaurants and their owner, establishing that they must pay a staggering $3,161,606 for various wage theft violations that directly affected the earnings of 551 hardworking employees. This case sheds light on the prevalent issue of wage theft plaguing the low-wage industry, particularly franchised fast-food restaurants,
The insurance industry is undergoing a significant transformation with the advent of big data. The ability to harness vast amounts of information and leverage advanced analytics tools and techniques has opened up new opportunities for insurers to enhance their services and gain valuable insights. In this article, we explore how big data is revolutionizing the insurance sector in various ways.
In a significant achievement, CoverGo, the leading global SaaS no-code insurance core platform, has been granted a patent for its groundbreaking technology. This patent marks a major milestone for the company, providing legal protection for its platform as it continues to expand globally. Overview of CoverGo’s Patented Technology CoverGo’s patented technology revolutionizes the way insurance products are configured through interactive
In a recent legal case, a New York court has made a significant ruling, ordering an employer to restore the employment status of an employee who alleged entitlement to two years of leave following an assault at work. This case brings attention to the rights of employees who have experienced workplace violence and highlights the legal provisions that protect victims.
In a recent case involving Hyatt, the 9th Circuit Court of Appeals has ruled that the company violated California labor law by failing to promptly pay out vacation time to its laid-off employees. The court’s decision comes after it found that Hyatt’s decision to delay payment until June 2020, when the employees were formally terminated, was in violation of the
In a recent case, allegations made by an employee against a Human Resources (HR) director have been dismissed by an appellate court. The employee claimed that the HR director engaged in various timekeeping violations, including failing to clock out, editing timekeeping entries without supervisor approval, and attempting to tamper with the timekeeping system during an investigation. This article will delve
Wage theft has become a prevalent issue in California, with the latest case involving the owner of five Wingstop locations in Kern County. The California Labor Commissioner’s Office (LCO) recently cited these locations and their owner, Clinton Lewis, for wage theft, affecting a staggering 551 workers. The LCO’s investigation revealed a scheme where each Wingstop location was categorized as a
The U.S. Equal Employment Opportunity Commission (EEOC) has recently proposed enforcement guidance on workplace harassment, bringing an end to a prolonged period of public debate and commentary. This development is crucial in addressing the pressing issues of harassment in the modern workplace, providing clearer guidelines for both employers and employees. Addressing Harassment Based on Sexual Orientation and Gender Identity With
In an exciting collaboration, Haven Life and Nolo have joined forces to bring essential life insurance and legal resources to consumers when they need them the most. This partnership aims to expose more individuals to the crucial benefits of life insurance during pivotal moments in their lives when they may be seeking legal assistance. By combining their expertise, Haven Life
In the ever-evolving world of insurance, the need for innovative solutions that streamline processes, enhance customer experience, and improve underwriting accuracy has never been more crucial. Recognizing this, UK-based insurtech Artificial Labs and Tier 2 Consulting have formed an alliance to bring cutting-edge technology to the insurance industry. With a focus on automated underwriting, this partnership promises transformative advancements that
