Caitlyn Jones, Author at B2Bdaily.com

FinTech Insurance

How Will Akur8’s AI Platform Transform Farm Bureau Idaho’s Pricing?

In a move that highlights the increasing convergence of advanced technology and insurance, Farm Bureau Insurance Company of Idaho, the largest property-casualty insurer in the state, has chosen Akur8’s Core Platform to revolutionize its pricing strategies. Akur8’s solution, tailored specifically for insurance companies, incorporates proprietary machine learning technology designed to expedite the creation of high-performance, transparent pricing models. For the

January 9, 2025

FinTech Insurance

Ethos and Protective Partner to Streamline Term Life Insurance Access

In an industry-defining move, Ethos has teamed up with Protective Life Corporation to make obtaining term life insurance simpler and more accessible for consumers. This partnership allows Protective Life Insurance Company to offer its term life insurance products through Ethos’ innovative platform. The collaboration facilitates access to term life insurance policies with durations ranging from 10 to 40 years and

January 9, 2025

Employment Law

What Will UK Employment Law Look Like in 2025?

The year 2025 is predicted to bring substantial shifts in UK employment law, following the Labour Party’s victory in the 2024 general election. With a focus on equitable labor practices, the government’s new agenda, titled ‘Plan to Make Work Pay,’ aims to implement transformative changes in employment regulations. The pivotal Employment Rights Bill (ERB), introduced in October 2024, is central

January 9, 2025

Employment Law

Upcoming 2025 Employment Law Reforms and Changes in the UK

The landscape of employment law in the United Kingdom is set to undergo significant transformations in 2025 due to the Labour Party’s recent victory in the general election and subsequent introduction of comprehensive reforms encapsulated in the Employment Rights Bill. These anticipated changes are aimed at enhancing worker protections while aligning with evolving societal norms and economic dynamics. Being informed

January 9, 2025

FinTech Insurance

Yorkshire Building Society Introduces Affordable Home Insurance Solution

Yorkshire Building Society has initiated a groundbreaking home insurance service in collaboration with insurtech company Uinsure, emphasizing accessibility, affordability, and transparency. This strategic partnership aims to provide tailored insurance quotes using advanced technology derived from top UK insurers, based on a 5-Star Defaqto-rated policy. The only variable for customers is the price, simplifying comparisons to ensure the best value. Notably,

January 8, 2025

Employment Law

Preparing Businesses for 2025 Immigration Changes After 2024 Election

The U.S. presidential election of 2024 has brought significant changes to the horizon, particularly regarding immigration policies, with former President Donald J. Trump returning to office. This marks a potential shift towards more restrictive immigration measures, akin to those seen during his first term, if not more expansive. For businesses with a significant international workforce, the anticipation of these changes

January 8, 2025

FinTech Insurance

Insly Joins UAC to Modernize Australian Underwriting Agencies

Insly, a low-code software provider for the insurance industry, has recently joined the Underwriting Agencies Council (UAC), marking a significant boost to its presence in the Australian market. Founded in 2013 by Risto Rossar, Insly specializes in digitizing and automating mid and back-office operations for underwriting agencies (UAs) and insurers. The company’s primary objective is to enhance the efficiency of

January 7, 2025

Employment Law

Navigating California’s New Noncompete Law: Tips for Employers

California has long been recognized for its stringent stance on noncompete agreements within the employment sector, and recent legislative changes have only heightened this position. On January 1, 2024, California introduced a new statute rendering noncompetes unlawful regardless of where and when the contract was signed. This sweeping reform has triggered confusion among employers nationwide and fueled a surge in

January 7, 2025

FinTech Insurance

How Will Earnix’s AI Solutions Transform the MGA Insurance Landscape?

In an exciting development for the insurance industry, Earnix, a global provider of intelligent decision-making SaaS solutions for financial services, has officially become a Supplier Member of the Managing General Agents’ Association (MGAA). This alliance comes at a crucial time when the insurance market is undergoing significant changes and there’s a growing need for innovative solutions to meet these evolving

January 7, 2025

Employment Law

Can Social Media Use Create a Hostile Work Environment?

In today’s digital age, social media has become an integral part of our daily lives. While it offers numerous benefits, it also presents new challenges, particularly in the workplace. The boundaries between personal and professional lives are increasingly blurred, raising questions about the impact of employees’ social media use on the work environment. A recent legal case sheds light on

January 7, 2025

FinTech Insurance

Cyber Risk Insurance: Safeguarding Your Business Against Digital Threats

In today’s digital age, businesses and individuals increasingly rely on digital platforms for daily operations. This dependency, however, introduces substantial vulnerabilities, primarily cyberattacks. Cyber risk insurance platforms have emerged as a preventive measure against such digital threats, offering significant protection and ensuring business continuity post-cyber events. Understanding Cyber Risk Insurance What is Cyber Risk Insurance? Cyber risk insurance, also known

January 6, 2025

FinTech Insurance

Are Pay-As-You-Go Health Plans Right for Your Medical Needs?

In an era where flexibility and affordability are paramount in selecting medical insurance plans, pay-as-you-go health plans have emerged as a significant alternative to traditional insurance models. These plans grant individuals and families greater control over their healthcare expenditures while providing a cost-effective solution tailored to those who infrequently require medical services. By offering the freedom to pay only for

January 6, 2025