The recent announcement involving One Inc and Selective Insurance marks a significant development in the insurance industry, particularly in the realm of digital payments. One Inc, a leading digital payments network specifically tailored for the insurance sector, has been chosen by Selective Insurance to provide its ClaimsPay digital payment solution. This partnership underscores the ongoing transformation within the insurance industry
The global COVID-19 pandemic has undeniably altered numerous facets of daily life, including how we approach workplace safety and health protocols. A prominent change brought on by the health crisis is the introduction of mandatory pre-shift COVID-19 screenings in various industries. These screenings, which often involve temperature checks and health questionnaires, are critical in identifying and isolating potential COVID-19 cases
The insurance industry is undergoing a significant transformation, driven by evolving customer expectations and the need for operational efficiency. Central to this shift is the strategic partnership between Insurity and Glia, culminating in the launch of the Insurity Interaction Platform. This state-of-the-art, cloud-native platform is designed to modernize and enhance the interactions between insurance carriers, MGAs, policyholders, and agents. By
The insurance industry stands on the brink of a significant transformation with the introduction of Clive™, the first AI-powered Insurance Adjustment Agent by Five Sigma. Founded in 2017, Five Sigma has consistently pushed the boundaries of InsurTech by integrating AI and automation into its claims management platform. Now, with Clive™ positioned to revolutionize claims management, the goal is clear: improving
The world of insurance is rapidly evolving, with digital transformation changing the way businesses operate and interact with their customers. One of the latest advancements in this sphere is the integration of One Inc’s ClaimsPay® by Selective Insurance, a leading provider of business, home, and auto insurance. This partnership aims to streamline Selective’s claims process, offering policyholders quicker and more
The emergence of Juno marks a transformative moment in the landscape of employee benefits, heralding the introduction of child disability insurance in the U.S. Designed to fill a significant gap in financial protection for working parents, Juno’s groundbreaking approach has captured the attention of the industry and investors alike. As traditional employee benefits often overlook the unique needs of families
The National Labor Relations Board (NLRB) recently withdrew its appeal against a Texas federal judge’s decision that blocked its joint employer final rule. This move signifies a pivotal moment in the ongoing debate concerning joint employer standards under the National Labor Relations Act (NLRA), impacting both businesses and workers across various industries. The complexities surrounding the definition of a joint
The recent legal settlement involving Dollar General and accusations of age discrimination has brought to light a pervasive issue in workplaces across the country. Specifically, older employees at Dollar General faced derogatory remarks and were subjected to a discriminatory environment indicative of a larger, systemic problem of ageism in the workforce. This article explores the details of the case, the
The insurance industry is increasingly turning to advanced technologies to streamline operations and enhance decision-making processes. Akur8, a next-generation insurance pricing solution provider, has partnered with Millennial Specialty Insurance (MSI) to significantly improve MSI’s pricing capabilities through Akur8’s cutting-edge Risk and Rate modeling solution. This collaboration is an integral part of Akur8’s U.S. market expansion efforts within the personal insurance
In the digital age, the security of personal data is paramount. Companies that handle sensitive information are obligated to ensure its protection against unauthorized access and breaches. But what happens when these companies fail to implement adequate security measures? Are they held liable for the consequences that follow? Recent incidents like the data breach at Paychex, a major payroll services
Lemonade, a pioneering digital insurance company powered by artificial intelligence and committed to social impact, has been revolutionizing the concept of corporate philanthropy for eight years. Their Giveback program allows customers to direct charitable donations at no extra cost, supporting a wide range of nonprofit organizations. This year, the company has contributed over $2 million to 43 diverse causes around
Lemonade, a digital insurance pioneer renowned for its AI-driven mechanisms and philanthropic initiatives, has recently launched a revolutionary Buildings and Contents insurance product in the UK. This move marks a vital step in Lemonade’s continued expansion within the UK insurance market, having first established a foothold in October 2022 as a Prudential Regulation Authority-licensed carrier. The company’s AI-driven approach and
