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How did Thumbtack win the on-demand services market? – TechCrunch

How did Thumbtack win the on-demand services market? – TechCrunch Back in 2008, as the global financial crisis was only just beginning to tear at the fabric of the U.S. economy, entrepreneurs in San Francisco were already hard at work on potential patches. This was the beginning of what’s now …

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Inclusive Insurance? Businesses See Blockchain As Change-Enabler

Inclusive Insurance? Businesses See Blockchain As Change-Enabler The concept of microinsurance is getting a shot in the arm from new technologies, not least among them blockchain. A term coined at the turn of the millennium, “microinsurance” is often defined as coverage for people on very low incomes. However, the concept …

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Fitch Ratings: Blockchain Is a Potential ‘Game-Changer’ for Insurers

Fitch Ratings: Blockchain Is a Potential ‘Game-Changer’ for Insurers One of the “Big Three” credit rating agencies thinks blockchain is a “game-changing technology.” Fitch Ratings touted the potential uses for blockchain within the insurance industry in a report published Wednesday, saying “insurance is fertile ground for blockchain’s capabilities.” In particular, …

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Blockchain Insurance Policy Developed for Hurricane-Prone Puerto Rico

Blockchain Insurance Policy Developed for Hurricane-Prone Puerto Rico The firm behind a blockchain protocol tailor-made for the insurance industry has designed a decentralized policy to cover natural disasters in hurricane-prone Puerto Rico. According to an announcement Tuesday, Etheric was approached by two local ethereum developers to develop a policy that …

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Road Rave: Who pays for autonomous driving fatalities?

Road Rave: Who pays for autonomous driving fatalities? Recent autonomous driving fatalities involving pedestrians and human operators have raised the attention of America’s insurance companies. Who will be responsible when autonomous cars crash? We asked an expert at J.D. Power to share the latest thinking from the insurance industry. The …

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Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped

Blockchain Slump? Banks May Be Fatigued But Insurers Are Pumped Progress reports on blockchain projects in the banking and insurance sectors offered an illuminating comparison at the Blockchain Expo in London Thursday.   While bankers came across as browbeaten and anxious, their cousins in insurance were anything but. Indeed, the …

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Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica – TechCrunch

Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica – TechCrunch Coverfox, one a handful of companies aiming to digitize insurance in India, has landed fresh funding via a $22 million Series C round that will be used to push into more rural parts of …

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