Tag Archive : Bold

/ Bold

  • Bold Penguin continued its acquisition spree with RiskGenius to further enhance its Software as a Service platform.
  • And this purchase will help the insurtech further enhance its platform.
  • Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. You can learn more about subscribing here.

The US-based B2B insurtech has entered a definitive agreement to acquire RiskGenius, per a press release; details around the acquisition haven’t been disclosed.

Investment banks and insurers using AI applications, by type

Bold Penguin acquires insurtech RiskGenius for its its Software as a Service platform.

Business Insider Intelligence


RiskGenius has developed document intelligence software along with other data and analytics products, which will become part of Bold Penguin’s existing Software as a Service (SaaS) platform under the acquisition. This marks Bold Penguin’s second acquisition this year, following the purchase of multiquote platform for standard and surplus lines business insurance market xagent.

Bold Penguin provides technology solutions for

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echo-spherical-amazon-event.jpg

Amazon rounds out the Echo.


Amazon

Amazon line of smart speakers is switching up its look; the new Amazon Echo will be spherical. The price will be $100 (£90), which is what the company’s previous, third-generation Amazon Echo went for. The new Echo speaker will be available Oct. 22, and its fabric-covered body will come in three different colors: charcoal, glacier white and twilight blue. It’s open for preorder now.

For specifics about its design as regards sound quality, Amazon says, “Its 3.0-inch woofer, dual-firing tweeters, and Dolby processing delivers stereo sound with clear highs, dynamic-mids, and deep bass that automatically adapts to any room.”

While the woofer appears to be the same as the previous Echo’s, Amazon has packed a second .8-inch tweeter into the speaker, which should

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Efforts to secure diversity on corporate boards have reached a new level of intensity. Governor Gavin Newsom of California signed a statute into law on Wednesday, September 30, which will require publicly held corporations whose principal executive offices are located in California to satisfy mandated levels of racially, ethnically and other diverse directors beginning in 2021.

By emphasizing the interests of “underrepresented communities,” the new legislation promises to significantly increase the level of boardroom engagement on matters of leadership diversity. In so doing, it serves to broaden existing concepts of diversity to include specific ethnic groups and matters of sexual orientation. It is also a dramatic supplement to 2018 California legislation that required public companies headquartered in the state to assure the appointment of specified numbers of women to the board of directors—a groundbreaking development

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