Lemonade, the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a leading venture firm and an early investor in Lemonade, to create Synthetic Agents, a novel financial structure that unlocks growth without depleting cash. Lemonade enjoys strong unit economics – investments in customer acquisition (CAC) are typically repaid three times over – but the initial CAC payback can take a couple of years. This ‘cash flow gap’ means that many opportunities for profitable growth are passed on, pending payback from prior acquisitions. Insurers often turn to independent agents to solve this…

Empathy, a platform helping families navigate the emotional and logistical challenges of loss, today announced a new partnership with Family First, a provider of personalized solutions helping alleviate caregiving challenges faced by employees. Through this partnership, Empathy and Family First will empower progressive, family-oriented employers with the tools they need to fully support employee caregivers facing a wide array of challenges, including those following loss. Over 40 million Americans care for an unwell family member over the age of 50. Many of these caregivers are forced to reduce their working hours or resign from their positions completely to deal with…

Binah.ai, the artificial intelligence (AI) powered health and wellness check software, announced this week that it has expanded its health and wellness check capabilities to support continuous health checks using PPG sensors. Binah.ai now offers continuous monitoring using a market-leading sensor with an ideal form factor, supporting biomarker monitoring at work, sleep and activity tracking, chronic disease management, and more. Why extend support to PPG sensors? Binah.ai currently offers a software-based solution that enables camera-based face spot checks for anyone, anytime, anywhere. However, certain use cases, such as monitoring at work, during sleep and activity, and chronic disease management require…

SueApp has expanded their intern team with young individuals. According to the company, the interns come from prestigious institutions, specializing in marketing, legal, and programming. SueApp stated, “We are eager to see their amazing contributions in the near future.”

The D-ID team is participating in the Collision 2023 event currently taking place in Toronto, Canada. The event gather the “who’s who of international tech” to here world’s best speakers at inspiring talks, educational masterclasses, interactive Q&As and unique experiences. This year the event was held with more than 40,000 participants who came to explore what’s out there in the world of technology. The goal of Collision 2023, as stated by its initiators, is to bring together the best startups and technological leaders from all over the world in order to help each other grow by making meaningful connections, learning…

Yiftach Nativ, the CEO of Contguard, was hosted at the ‘Resilience & Risk’ conference by the Transported Asset Protection Association EMEA in Amsterdam this week. Nativ was present to discuss the challenges the industry faces due to the increasing number of cargo thefts and to showcase Contguard’s expertise, technology, and solutions for ensuring the uninterrupted and secure flow of goods from their origin to their destination. The Transported Asset Protection Association (TAPA) was established in 1997 as a not-for-profit industry association with the goal of helping manufacturers, shippers, and their logistics service providers minimize losses resulting from cargo thefts in…

Lemonade, the digital insurance company powered by AI and social impact, announced that its reinsurance program has been renewed in good time and on good terms. The Lemonade program is led by the same tier-one carriers as the expiring and was oversubscribed on all dimensions. The centerpiece of the program is 55% quota share protection, the same level as the expiring coverage. The variable ceding commissions are projected to be roughly equivalent to those enjoyed under the outgoing agreements. The program covers all Lemonade businesses globally, now also including Metromile, acquired by Lemonade in 2022. “It says a great deal…

Novidea, creator of the cloud-based, data-driven enterprise insurance management platform for brokers, agents, MGAs/MGUs, and wholesalers, today announces the appointment of Erez Nissim as Chief Technology Officer (CTO). In his role as CTO, Erez will spearhead Novidea’s research and development (R&D) and product development, leveraging 20 years of senior technology expertise. His appointment comes as Novidea bolsters its senior executive team to drive the next phase of global growth. The company recently announced the successful completion of its recent Series C funding round. “Erez’s extensive experience in leading complex software development projects for global companies, from inception to market analysis,…

Lavaa Health Platform presents preliminary results showing that the utilization of Lavaa’s modules dramatically reduced the deterioration of high-risk co-morbid patients by >38%. Therefore, Lavaa’s platform has a positive impact on preventing hospital admission in high-risk patients with multiple chronic diseases. Lavaa offers providers, clinicians and payers the ability to create personalized care programs to unlock early detection of a wide range of chronic, oncological and mental health conditions. Lavaa uses protocols that are certified in the treatment of non-communicable diseases to determine an individual’s risk of developing long-term health conditions. According to the company, It achieves this aim by…

Global PIL, a developer of advanced regulatory and compliance solutions, has announced the launch of a groundbreaking smart search service on the WhatsApp platform. This innovative addition aims to revolutionize the way users utilize regulatory websites, making information retrieval faster and more efficient than ever before. PIL’s new WhatsApp service leverages an advanced search algorithm and artificial intelligence to provide users with intuitive and accurate targeted search experiences. Subscribers can simply send their search terms via chat and receive regulatory documents within seconds. This service is available to all PIL clients across various regulatory databases, including the insurance and savings…