Kayna, an award-winning embedded insurance infrastructure platform, has recently secured €1 million in pre-seed funding. The round was co-led by Delta Partners and MiddleGame Ventures, with participation from Aperture and InsurTech Fund. This funding injection comes as Kayna intensifies its efforts to expand into the United Kingdom and United States markets. With a focus on driving growth for vertical SaaS
The New Jersey Department of Labor recently lifted its stop-work order against 27 Boston Market locations after the chain paid a staggering $630,000 in unpaid wages to 314 employees. This development comes as a relief for the struggling chain, which has faced numerous lawsuits and complaints from workers and vendors across the country who were left unpaid in recent months.
In a recent case that has brought attention to issues of workplace security and liability, a customer has filed a lawsuit against a restaurant after allegedly sustaining personal injuries caused by one of its security guards. This incident has raised questions about the restaurant’s responsibility for the actions of its employees and the enforcement of regulations surrounding the use of
In a significant announcement, Planck has introduced Planck PLUS, an innovative underwriting workbench that seamlessly integrates powerful generative AI (GenAI) functionalities. This breakthrough solution is set to redefine the landscape of commercial insurance underwriting by offering cutting-edge capabilities in risk research, insight generation, data attribution transparency, and automation. The Capabilities of Planck PLUS Leveraging the latest advancements in AI technologies
In an effort to cater to the growing needs of pet parents, Insurify has joined forces with Fletch to provide access to pet insurance products on its digital marketplace platforms. This strategic partnership aims to simplify the process of comparing and obtaining pet insurance through Insurify’s website and mobile app using Fletch’s open protocol. Pet Insurance Comparison Service Insurify’s digital
Next Insurance, a leading insurtech company, has recently introduced a game-changing tool for insurance agents called the NEXT Coverage Builder. This innovative platform represents a fundamental leap in allowing agents to micro-tailor small business quotes for their clients, providing them with the ability to select the appropriate coverage limits and fully control the insurance policies they are quoting. The Benefits
Under Title VII of the Civil Rights Act of 1964, employers are obligated to provide reasonable accommodations for their employees’ sincerely held religious beliefs unless it would result in undue hardship. In recent years, the burden of proving undue hardship has shifted, creating new challenges for employers. This article explores the implications of a significant Supreme Court ruling in Groff
The Texas Workers’ Compensation Act (TWCA) provides death benefits for the surviving spouse of a deceased employee. However, in a recent case involving Rush Truck Centers of Texas, L.P., the surviving spouse filed a lawsuit alleging gross negligence by the employer and sought workers’ compensation. The trial court denied the motion, prompting the widow to appeal. In a significant ruling,
With New York’s new wage transparency law in full effect, HR professionals across the country must review their wage offerings to avoid fair pay or discrimination lawsuits. This article will delve into the requirements of the law, highlighting its impact on wage disparities, explaining its application, discussing the accuracy of posted pay ranges, and emphasizing the commitment to closing the
Title: Revolutionizing Insurance has been an instinctual need of humans since time immemorial. From ancient times, people have sought stability and protection against unforeseen events. In a world with an unclear projection of the future, claiming insurance has become the safest option for individuals and businesses alike. However, in countries like India, insurance penetration remains alarmingly low, with less than
Hong Kong-based insurtech company, Bowtie, has recently concluded a highly successful Series B2 funding round, securing a significant investment of $34.9 million. The achievement reflects the strong trust and confidence that investors have in Bowtie’s potential to revolutionize access to health insurance for customers. With this infusion of funds, Bowtie aims to enhance its technological capabilities and tackle Hong Kong’s
The insurance industry has long been known for its traditional and conventional approaches. However, in recent years, a wave of insurtech firms has emerged, reshaping the way insurance is purchased, sold, and managed. These innovative companies leverage cutting-edge technologies such as data analytics, artificial intelligence (AI), and blockchain to revolutionize every aspect of the insurance sector. The use of data
