Recent Posts
Our experts talk about the latest news & updates.
Embroker, the digital platform making it radically simple to get business insurance, today announced that it has surpassed an annual $100M premium run rate, a milestone that equates to more than 120% revenue growth year over year. The company also released other leadership milestones, including customer and employee growth, and expanded its executive team with a new CFO, Brian Acks. The company’s…
Let’s talk about the Cyber Insurance opportunity – the global cyber insurance market is projected to grow from $7.8 billion in 2020 to $20.4 billion by 2025 at a compound annual growth rate of 21.2%. With your recent funding round now in place, where are you focusing most of your attention? Corvus’s recent Series C investment round, led by Insight Partners, and…
Every year, cybercriminals steal approximately $40 billion from older adults (senior citizens aged 60 and over) in the United States. Cybercrime can be defined as “any criminal activity in which a computer (or networked device) is targeted and/or used.” Cybercriminals with access to an older adult person’s information via a computer, smartphone, or other networked device, can easily exploit it for nefarious…
The Forex trading giant, IronFX, is planning to open a new high-capacity research & development centre in Mumbai to develop state-of-the-art trading technologies.IronFX has chosen Mumbai to accommodate its ongoing R&D efforts, aiming to create transformative technologies for forex traders around the world, including unique withdrawal solutions, mobile trading platforms, and advanced customisation features. They will be joining a long list of…
By Kurt Waltenbaugh The last 15 years have seen steady, continual growth in both Medicare Advantage (MA) enrollment and the number of payers offering MA health plans. Yet much of that growth has gone to handful of large, national vendors—UnitedHealthcare, Humana, the Blues, CVS-Aetna—that control nearly 70% of the market (see Figure 1 and Figure 2). (Source: https://www.kff.org/medicare/issue-brief/a-dozen-facts-about-medicare-advantage-in-2019/) Carrot Health has been…
Introduction Over the next couple of months I will be taking a close look at the interplay between InsurTech and Intelligent Automation. Having spent a significant amount of time in both areas, the lines between the two are becoming increasingly blurred, with InsurTech driving an enormous amount of innovation within the world of Intelligent Automation and Intelligent Automation driving many of the…
A recent survey conducted for the report, COVID-19: Tip of the Iceberg for Tectonic Shifts in Shared Services Delivery, shows that 52% of shared services leaders are highly concerned about the impact current events are having on the industry. Check out the report that was compiled after surveying 250+ organizations for more information on: Insights on major BCP challenges that are being faced How the limited arsenal…
It’s times like these with a global pandemic when we are reminded- insurance as a concept is simply not that complicated. We make it so, with regulation, complex policy language, limited access to the products, seemingly endless variety of lines, mystique about its function, a vernacular that challenges even the legal world, etc. Why this matters is that most cultures/countries/economies are ill-suited…
Self-quarantined employees are forcing organizations to allow access to critical data remotely. Coronavirus is presenting organizations with a unique opportunity to adopt modern security protocols and enable an efficient remote workforce. Fear of Coronavirus infections has resulted in organizations ruling out large meetings. Healthy individuals are in home-quarantine for weeks at a time, even though they are not necessarily thought to carry…
The new alliance enhances the MoneyNetint payment solutions offering around the world. MoneyNetint, a leading international payment solutions provider, announced a strategic partnership with AFEX, one of the world’s largest foreign exchange specialists. This partnership, leveraging AFEX’s API technology, will enhance MoneyNetint’s capabilities and allow it to offer a wider range of services to its corporate clients. MoneyNetint processes and facilitates the…
