Smartpay Corporation, a leader in Buy Now Pay Later (BNPL) services in Japan, has unveiled the nation’s first embedded insurance service in collaboration with Chubb Insurance Japan. This groundbreaking initiative marks a significant shift in how insurance products are delivered in Japan, leveraging digital innovation to better serve modern consumers. Transforming the Insurance Landscape Addressing Industry Challenges The traditional insurance
In Austria, both employers and employees must navigate a set of specific obligations and rights when it comes to employment laws concerning sick leave. Understanding these regulations is crucial for maintaining clear communication, ensuring legal compliance, and promoting fair treatment during periods of illness. The Upper Austrian Chamber of Labor underscores the importance of these laws for both employer and
The landmark decision by the United States Supreme Court in the case of E.M.D. Sales Inc. et al. v. Carrera et al. introduces a new “preponderance of the evidence” standard for proving FLSA exemptions. This ruling is poised to significantly impact employers, providing them with a clearer framework for employee classification and potentially reducing the risk of misclassification lawsuits. This
Washington’s new House Bill 1747 (HB 1747) is poised to bring about significant changes in employer hiring policies across the state. This transformative legislation targets the use of criminal background checks in employment decisions, setting new compliance standards and protections for job applicants and current employees with criminal records. As part of a broader movement towards fair chance hiring, HB
Insurance companies constantly face the challenge of improving growth, streamlining operations, and ensuring prompt, reliable service delivery in a highly competitive market. The pressure to innovate is exacerbated by complex and manual processes that hinder efficiency. This is where the new collaboration between Fortune 500 tech giant DXC Technology and business transformation platform ServiceNow comes into play. Their joint effort
In 2024, Ant Group’s online insurance platform, Ant Insurance, helped leading insurers in China process a remarkable 7.25 million health claims, marking a notable 55% year-over-year increase. This surge led to total health claim payouts amounting to RMB 9.2 billion (USD 1.3 billion), reflecting the growing demand for health insurance amidst shifting demographic patterns. By 2035, over 400 million people
With the alarming rise in antisemitic incidents on college campuses across the United States, the U.S. Equal Employment Opportunity Commission (EEOC) has announced new steps to address and combat this scourge within academic institutions. The EEOC’s renewed focus on religious bias, specifically antisemitism, aims to safeguard university staff from harassment and discrimination based on their religious beliefs. Acting Chair Andrea
Recent initiatives in New York have sparked considerable discussion among employers and employees alike, as landmark reforms aim to protect employee rights in contractual agreements. The proposed Senate Bill No. 4424/Assembly Bill No. 5411 and Assembly Bill No. 636/Senate Bill No. 4996, introduced in February 2025, seek to amend existing laws to address waiver of employment rights and eliminate unconscionable
In today’s rapidly evolving insurance landscape, companies are scrambling to adapt to an unprecedented array of challenges, ranging from inflation and demographic shifts to volatile market forces. The ability to react quickly and efficiently to these changes can make a vital difference between success and falling behind. This is where Radar Vision, the latest advanced AI-driven performance monitoring tool by
In an effort to address the challenges faced by the insurance industry, DXC Technology and ServiceNow have embarked on a strategic partnership aimed at modernizing operations and driving innovation through AI-powered solutions. Insurance companies, historically dependent on manual processes, struggle with inefficiencies that impinge on their ability to meet evolving market demands. This collaboration introduces advanced technology designed to significantly
Insurance companies face immense pressure in today’s rapidly evolving market, where innovation is not just desirable but crucial for survival. The need to streamline operations and provide swift, reliable services to policyholders is paramount. DXC Technology, a Fortune 500 global tech services leader, has partnered with ServiceNow, a leading platform for AI-driven business transformation, to address these challenges. This collaboration
In the rapidly evolving world of digital technology, the insurance industry faces immense pressure to innovate and streamline its operations to remain competitive and meet rising customer expectations. As manual processes and complex systems continue to burden insurers, there is an urgent need for efficient, automated solutions. Recently, a collaboration between DXC Technology and ServiceNow has introduced AI-driven innovations set
