Olé Life, a prominent insurtech company in Latin America, recently secured $13 million in Series B funding, led by PayPal Ventures with significant contributions from Mundi Ventures, AV8, and Advent Morro. These funds will be instrumental in bolstering Olé Life’s expansion throughout Latin America, establishing operations in key markets, and broadening their insurance products. The company’s trajectory of success stems
The increasing frequency and intensity of severe weather events have not only raised public awareness but also redefined the priorities of consumers when it comes to selecting insurance policies. Recent findings from Insurity’s 2024 Severe Weather Consumer Pulse Survey shed light on this shift in consumer preferences, spotlighting how technological advancements, rather than cost, have emerged as critical factors in
The life insurance industry is facing a significant challenge as it prepares for an unprecedented wealth transfer. By 2040, policyholders over the age of 65 are expected to transfer $7.8 trillion in assets. However, the industry currently lacks the necessary preparedness to handle this massive shift. This article delves into the scope of the problem, economic and social headwinds, strategic
Spectrum.Life, a global provider of digital whole-of-health solutions, has made a significant move by appointing Ian Ranger as Head of Insurance for the UK and Ireland. With a robust background in the Protection market, boasting over 17 years of experience, Ranger’s new role aims to further solidify the company’s growth and expand its influence within these regions. His previous tenures
With growing uncertainty in the workforce and increasing anxiety among jobholders, recent policies implemented by President Donald Trump’s administration have caused significant unrest. This anxiety is not baseless, as a survey conducted by Resume Templates revealed that nearly half of the 1,200 workers surveyed expressed concern about potential layoffs. Trump, having assumed office on January 20, 2025, initiated several executive
No one likes to do it, but for HR personnel and managers, it’s part of the job: Sometimes, despite their best efforts to make things work, they have to let employees go. As stressful as a termination meeting can be for the departing employee, it can also produce significant stress for the staffer who has to deliver the news—whether that’s
The case of Kristina Kelley, a television producer who suffered a stroke and was subsequently terminated after taking Family and Medical Leave Act (FMLA) leave, raises significant legal and HR considerations. This article delves into the legal implications and the key takeaways for employers and HR professionals. Employee’s Situation and Initial FMLA Leave The Stroke and FMLA Leave Kristina Kelley,
In an effort to enhance the efficiency and scalability of their M&A insurance operations, Fusion Specialty has entered into a strategic partnership with Insly to leverage their specialized software platform. Fusion Specialty, established in 2018, is a globally recognized underwriting agency that provides a range of M&A insurance products, including warranty and indemnity, tax liability, and contingent risks. With a
The insurance and data privacy landscape has seen a significant development as Qover, a pioneer in embedded insurance orchestration, recently achieved the illustrious ISO 27701 certification. This certification is regarded as a global standard for data privacy information management and reflects Qover’s steadfast commitment to protecting personal data. These proactive measures signify the company’s dedication to bolstering its data security
Fiduciary liability insurance is a critical safeguard for businesses, offering protection against claims of mismanaging employee benefit plans. Understanding the significance of this insurance is vital for employers who want to ensure that their companies are protected from financial and legal repercussions. Employee benefits are a cornerstone of compensation packages, and managing these benefits prudently is a fiduciary responsibility mandated
Builder’s risk insurance, despite its name, is not only for builders or construction companies. This type of business insurance extends coverage to a wide range of stakeholders, including retail companies, product manufacturers with owned facilities, restaurants, and food service property owners. Essentially, anyone holding a financial stake in a property under construction, remodeling, or installation stands to benefit from builder’s
Commercial property insurance is a crucial safeguard for business owners, ensuring protection against unforeseen damages and losses. This type of insurance is designed to cover the repair or replacement costs of business structures and their contents in the event of covered losses. Given the unpredictable nature of accidents and disasters, having commercial property insurance is essential for preserving the physical
