The National Labor Relations Board (NLRB) recently made a significant decision, ruling that captive audience meetings, where employers present their views about unionization to employees, are unlawful. This practice has been a contentious issue, with employers historically relying on a precedent set in 1948 by Babcock and Wilcox Co. However, the NLRB’s new ruling finds that these meetings violate Section
Previsico, a specialist in surface water flood forecasting, has announced the launch of Instacasting, a next-generation flood mitigation solution. This innovative tool leverages the most accurate observed rainfall data available in the market to predict surface water flood risk more quickly and precisely. Instacasting complements Previsico’s existing flood data by employing exact rainfall data, thus enhancing flood resource allocation, loss
Oyster has unveiled a suite of AI-powered digital products aimed at revolutionizing the property and casualty (P&C) insurance experience for small and medium-sized businesses (SMBs). Leveraging advanced artificial intelligence (AI) and large language models (LLMs), this new offering seeks to help business owners more effectively manage their insurance needs and risk management on a single platform. Enabling Digital-First Insurance Solutions
In an era where natural disasters are becoming increasingly frequent and severe, the need for timely and accurate data in the insurance sector has never been more critical. Addressing this imperative, Insurity and ICEYE have partnered to enhance real-time catastrophe insights for the property and casualty (P&C) insurance industry. This collaboration integrates ICEYE’s advanced synthetic aperture radar (SAR) satellite technology
Intermittent Family and Medical Leave Act (FMLA) leave can be a challenging aspect for employers to manage due to its unpredictable nature, often associated with chronic health conditions that cause episodic symptoms, thus making it difficult to predict and plan for absences. Effective management of intermittent FMLA leave requires clear communication, rigorous documentation, and proactive policy enforcement. The complexity of
In an era where customer experience can make or break a business, Glia is reshaping the landscape of the insurance industry through advanced customer interaction technology. This technology is enabling insurance companies to communicate more effectively with policyholders and agents, transforming standard interactions into competitive advantages. Recently, Glia reported continued momentum within the insurance sector with expanded partnerships, groundbreaking product
Agria Pet Insurance, a well-established leader in the animal insurance sector, has partnered with Quantee, an AI-driven pricing solutions provider, to bolster its growth in the UK and Ireland markets. This strategic collaboration aims to enhance Agria’s pricing strategy, ensuring its competitiveness and the delivery of tailored customer offerings. Since its UK inception in 2009, Agria has been known for
Centana Growth Partners’ recent acquisition of a $60 million stake in First Connect Insurance marks a significant move to bolster support for independent agents in the U.S. insurance market. Independent agents make up nearly two-thirds of the property and casualty insurance sector, yet they often face significant challenges in accessing a diverse range of carriers. First Connect aims to overcome
The collaboration between Newgen Software, a leader in digital transformation platforms, and Fadata aims to significantly improve operational efficiency within the insurance industry. This strategic partnership integrates Newgen’s OmniDocs solution with Fadata’s INSIS platform, addressing complex, content-heavy processes and enhancing centralized management to foster a superior customer experience. The integration intends to boost document management capabilities, streamline compliance, and enhance
With the digital asset industry experiencing rapid expansion, the lack of adequate security and investor protection measures has been a prevailing concern for many market participants. HashKey Global, together with AIFT, a prominent cybersecurity and insurance provider, has announced a strategic partnership to address these challenges. Their collaboration aims to bolster the Web3 and cybersecurity ecosystems by providing over US$4
In an era where cyber threats are increasingly sophisticated and pervasive, the strategic partnership between Helvetia, a renowned Swiss insurance provider, and Coinnect, a cutting-edge cyber risk management platform, signifies a pivotal advancement in Cyber Insurtech solutions. This collaboration, initiated with the aim of leveraging Coinnect’s AI-powered cyber risk assessment platform, is set to commence by the end of the
In a strategic move to drive the insurance industry’s digital transformation, Newgen Software, a global leader in digital transformation platforms, and Fadata, a provider of core insurance solutions, have expanded their partnership. This collaboration seamlessly integrates Newgen’s OmniDocs, an enterprise content management (ECM) solution, with Fadata’s cloud-based insurance process management system, INSIS. The joint effort aims to enable insurers to
