Why your customers will demand personal chef insurance before hiring you

Marc
personal chef insurance - chef - restaurant

It’s important for these culinary pros to learn that the best clients will require coverage. Personal chef insurance is among the first things you should purchase before cooking a professional meal for another person. There are many reasons that this coverage should be considered a foundation component to your business. This protection starts with liability insurance but expands beyond that depending on your services. The main issue is simply that chefs are people, too. Mistakes happen. Regardless of the care taken to avoid the mistakes, the training and experience they…

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State Farm partners up with an Arizona autonomous vehicle consortium

Julie Campbell
Autonomous vehicle - Arizona Gov. Doug Ducey

The partnership makes the insurer the first one to join forces with this automotive technology group. The Institute for Automated Mobility (I.A.M.) and State Farm Insurance have announced that they are entering into an autonomous vehicle partnership. The consortium was launched a year ago and was formed to move ahead the development of automated vehicles. The partnership represents the first entry of an insurer into this effort. Governor Doug Ducey made the first announcement of this new tech and insurance partnership. Arizona Governor Ducey made the announcement that State Farm…

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Meet META – an Insurtech Start-Up Disrupting Post Sales Experience in Insurance Industry with Their Super App Services

Media24
Insurance news release

META is a new age insurtech start-up, which claims to be the “real friend indeed,” for both customers as well as insurance providers, by adding new dimensions to the post sales engagement. For customers, who often struggle with insurance management, it acts as an insurance wallet & has bundled numerous value added services around the same eco-system of auto, health and life. META makes it convenient for the customers to manage multiple insurances from the same app. For Insurance providers it acts as the necessary bridge for them to stay…

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Allstate insurance analytics prepare for anticipated transportation industry changes

G. Turner
Insurance analytics - Cars in Rush Hour

The insurer has gone all-in to work the data ahead of widespread expected automotive changes. Allstate has gone for it with the development of an insurance analytics company. The goal is to use it to be prepared for a massive overhaul of the transportation that it anticipates in the not-too-distant future. Roadways have become very dangerous as they are increasingly used and congested at all times. A recent Forbes report focused on an interview with Gary Hallgren, the president of Arity, a company Allstate created in 2016 in order to…

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Natural disaster damage sends homeowners insurance rates skyward

Marc
Natural Disaster Damage - Tornado destruction

Insured losses resulting from claims relating to Mother Nature have been climbing sharply. Natural disaster damage has been sending homeowners insurance claims upward and, as a result, it has meant that rates for policies have been rising, too. A new analysis showed that severe storms and other catastrophes are becoming more common. Over the last ten years, natural disaster damage has become more commonplace and more expensive for homeowners and insurers. According to a new analysis, this is causing home insurance rates to head sky high. The analysis was done…

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iGrad and Wellable 2020 Employee Financial Wellness Report Reveals Older Workers and Millennials Struggling Most

Media24

San Diego, CA, November 13, 2019 –(PR.com)– The financial wellness of U.S. employees is precarious, especially among millennials and those nearing retirement age, according to the new 2020 Employee Financial Wellness Report by iGrad and Wellable. Based on results from a June 2019 survey of more than 1,000 U.S. employees between the ages of 18 and 70, the 2020 Employee Financial Wellness Report reveals important trends in financial wellness and how companies can deliver optimized solutions to employees. Nearly 60 percent of the report’s respondents stated that they are not…

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Tencent takes more of Indian insurance market with 10% Policybazaar stake purchase

H. Cutner
Indian Insurance Market - Tencent HQ

The Chinese tech giant has acquired a minority state in the home, auto and life comparison company. Tencent Holding Ltd. has just taken more of its first steps into the Indian insurance market with an acquisition of a 10 percent stake of Indian online insurance aggregator Policybazaar. This values the Indian company at $1.5 billion. The Chinese technology giant has been working to grab a piece of India’s growing insurance sector. The 10 percent Policybazaar stake was obtained through a purchase of half of Tiger Global Management LLC’s stake in…

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