Parametric insurance pays out when a pre-defined event occurs as measured by a specified figure, figures, or index. It has traditionally been used in agriculture and by insurance companies to cover natural catastrophes, including hurricanes, cyclones, and earthquakes (think CAT … READ MORE
COMMENTS [ ]Jen Marino was most recently the Chief Marketing and Customer Officer at Rockland Trust Company, where she led the company’s branding, communications, strategic planning, and customer experience efforts. Rockland Trust is a $11.5 billion community-oriented commercial bank serving eastern and … READ MORE
COMMENTS [ 0 ]Founded in September of 2018 by Helena Mueller, Johan Pihl, Mathias Wikström, Fredrik Lagertrad, and Nathalie Green, Doconomy is a mobile banking service developed to inspire changes in consumer behavior to reduce unsustainable consumption and carbon emissions. Doconomy bills itself as a … READ MORE
COMMENTS [ ]Brewer Lane Venture is a new, Boston-based VC firm focused on early-stage InsurTech and FinTech startups. Former New York Life President and Chief Investment Officer John Kim is the founder, and veteran investor Martha Notaras joined the firm in January as … READ MORE
COMMENTS [ 0 ]Scarlett Sieber is Managing Director, Chief Strategy and Innovation Officer at Catalyst Consulting Group (“CCG”), a management consulting firm that advises clients on the direction of banking and helps them develop strategies that deliver profitable growth and competitive advantage. Scarlett is … READ MORE
COMMENTS [ 0 ]I’m a booster of accelerator participation for FinTech startups, particularly participation in vertically focused accelerators. B2B FinTech startups generally mature a little later than other types of tech startups and I believe they also benefit from a focus on industry-specific … READ MORE
COMMENTS [ 0 ]There were at least 35 financing events resulting in more than $540 million in capital raised by Boston-area FinTech startups in 2019 — significantly more than any previous year except 2018 when Cambridge Mobile Telematics raised $500 million (all from Softbank) on … READ MORE
COMMENTS [ ]This is the second half of our interview with Kristen Tyrell, co-founder and CEO of Catch, which is building a portable benefits platform for workers who don’t receive their benefits from an employer. (Find the first half here.) Q. Can you measure … READ MORE
COMMENTS [ 0 ]In the U.S., we have long relied on employers to provide critical benefits and important pieces of the social safety net for their employees. But there are roughly 80 million Americans — people working in the gig economy, freelancers, independent … READ MORE
COMMENTS [ 0 ]Life insurance plays a critical role in many financial plans, but we are in the midst of a decades-long decline in life insurance ownership in the U.S. Many carriers consider agents to be their primary customers, not the people who … READ MORE
COMMENTS [ 0 ]“If no one seems to understand, start your own revolution and cut out the middleman.”
“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
And the Air Marshals collect info and take photos of ordinary Americans. Where does that info go? How is it used? Apparently, @TSA doesn’t even know, @DHSOIG found. So many questions—mostly for incoming Biden folks inheriting this major domestic surveillance program from Trump. https://twitter.com/hhandeyside/status/1333566505213050880
Some background: through Quiet Skies, TSA uses secret criteria such as travel patterns and subjective behaviors to identify travelers to target, then deploys air marshals to track and shadow them, even if they're not suspected of any actual wrongdoing.
https://www.aclu.org/blog/national-security/discriminatory-profiling/tsa-darkens-skies-secret-surveillance-americans/
Unicredit chief executive Jean-Pierre Mustier is stepping down, saying his plans to transform the bank by 2023 were no longer in keeping with the board's ambitions https://trib.al/E0gV6pL #Unicredit
Missed this: 30 year old Boston #insurtech Delphi Technology, leader in software for medical malpractice carriers, bought by @SapiensIns for "up to" $19.5MM. https://j.mp/3mp2Eyo Sam Fang finally said yes.
It doesn't really sound like Brian Armstrong of Coinbase has found the right way to "build a movement and change the world." At least it doesn't if you would like that change to be for the better. https://j.mp/3mfrPDg
Fidelity piloting #cryptocurrency data and analytics platform created for institutional investors within @FCATalyst: https://j.mp/3o0gmrK #fintech
