Avatar photo

Caitlyn Jones

Caitlyn Jones tackles the world of Employment Law and FinTech Insurance in her work. Employment Law is a key area across all businesses, and Caitlyn brings an eagle eye for detail to her writing, ensuring processes, procedures, and the latest rules and legislation are always uncovered, dissected, and made easy to apply. 
Akur8 and MSI Partner to Enhance Insurance Pricing with AI Technology
FinTech Insurance
Akur8 and MSI Partner to Enhance Insurance Pricing with AI Technology

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

Read More
Are Companies Liable for Data Breaches Due to Inadequate Security Measures?
Employment Law
Are Companies Liable for Data Breaches Due to Inadequate Security Measures?

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

Read More
How Is Lemonade’s 2024 Giveback Transforming Social Impact Globally?
FinTech Insurance
How Is Lemonade’s 2024 Giveback Transforming Social Impact Globally?

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

Read More
Lemonade Expands UK Presence with AI-Driven Home Insurance Offering
FinTech Insurance
Lemonade Expands UK Presence with AI-Driven Home Insurance Offering

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

Read More
How Will Bold Penguin and RT Specialty Transform Commercial Insurance?
FinTech Insurance
How Will Bold Penguin and RT Specialty Transform Commercial Insurance?

The landscape of commercial insurance is constantly evolving, driven by emergent needs and technological advancements. One of the most recent and noteworthy developments in this domain is the strategic partnership between Bold Penguin, a digital solution platform, and RT Specialty, a leading wholesale distributor of commercial excess and surplus (E&S) insurance products and services. This collaboration promises to bring significant

Read More
How Will Priceline and Cover Genius Transform Travel Protection?
FinTech Insurance
How Will Priceline and Cover Genius Transform Travel Protection?

Travel protection has always been a vital consideration for travelers, covering unexpected events that can disrupt plans and cause financial stress. Recently, Priceline, a major player in the online travel booking industry, announced a groundbreaking partnership with Cover Genius, an InsurTech company specializing in embedded protection. This collaboration aims to significantly enhance travel protection for customers booking flights, hotels, rental

Read More
Gradient AI Raises $36M to Enhance Insurtech Solutions with Advanced AI
FinTech Insurance
Gradient AI Raises $36M to Enhance Insurtech Solutions with Advanced AI

Gradient AI, a trailblazer in artificial intelligence (AI) for the insurance industry, has successfully secured $36 million in its latest funding round. This significant investment reflects confidence in the company’s innovative approach to leveraging AI and machine learning to revolutionize traditional insurance methodologies. Founded in 2018, Gradient AI is poised to use these funds strategically to advance its technology, expand

Read More
Pro Pallet Settles EEOC Retaliation Case Over HR Manager’s Resignation
Employment Law
Pro Pallet Settles EEOC Retaliation Case Over HR Manager’s Resignation

In a significant development for workplace rights, Pro Pallet, a Pennsylvania-based construction firm, has reached a settlement with the U.S. Equal Employment Opportunity Commission (EEOC) over allegations of retaliation against a human resources (HR) manager who investigated sexual harassment claims. The case underscores critical issues related to retaliation, the responsibilities of HR professionals, and the enforcement of anti-discrimination laws under

Read More
How Is Cytora and Gamma Risk Partnership Enhancing Insurer Accuracy?
FinTech Insurance
How Is Cytora and Gamma Risk Partnership Enhancing Insurer Accuracy?

The partnership between Cytora, a digital risk processing platform, and Gamma Risk, a leading provider of location intelligence systems, marks a transformative moment in commercial property risk assessment. By integrating Gamma Risk’s Perilfinder™ into Cytora’s underwriting tool, this collaboration aims to optimize the accuracy of risk evaluations, providing insurers with critical, data-driven insights. This integration promises to reshape how insurers

Read More
How Are AI and Digital Trends Shaping Insurance Claims in 2024?
FinTech Insurance
How Are AI and Digital Trends Shaping Insurance Claims in 2024?

The insurance sector is undergoing a significant transformation propelled by advances in artificial intelligence (AI) and digital technologies. This evolution is not merely a trend but an essential adaptation to meet the high standards of today’s technologically savvy consumers. The shift is reshaping everything from risk assessment and claims processing to customer interactions and regulatory compliance. As we delve into

Read More
Lawsuit Against Workday’s AI Hiring Tools Highlights Bias Concerns
Employment Law
Lawsuit Against Workday’s AI Hiring Tools Highlights Bias Concerns

The integration of Artificial Intelligence (AI) in hiring practices has introduced novel efficiencies and objectivity, enabling employers to sift through large volumes of job applications quickly. However, the growing reliance on AI for these processes has simultaneously ignited debates centered on algorithmic bias and its potential to perpetuate societal inequities. A poignant illustration of these concerns is the ongoing lawsuit

Read More
AECID Invests €25M in Mundi Ventures to Boost Latin American InsurTech
FinTech Insurance
AECID Invests €25M in Mundi Ventures to Boost Latin American InsurTech

The robust partnership between the Agencia Española de Cooperación Internacional para el Desarrollo (AECID) and Mundi Ventures is making waves in the sphere of sustainable development. This significant investment, involving a €25 million injection aimed specifically at InsurTech startups, underscores the vital role financial cooperation plays in achieving development milestones. As the central management body for the Cooperación Española, AECID’s

Read More