Atidot: A Leading Cloud-based Platform for the Life Insurance Industry

With the emergence of modern technologies like artificial intelligence (AI) and machine learning (ML), many industries got disrupted. Exceptional transformations took place in the way industry processes were run, making them more streamlined, efficient, and cost-effective. As industries gradually started adopting these modern technologies, more accurate and precise outcomes resulted in organizations understanding their client’s needs better and delivering them more personalized solutions.

One name among the companies that are leveraging technology to provide customized solutions to their clients is Atidot. Spearheaded by Dror Katzav, the CEO and Co-founder of Atidot, the company is a leading AI cloud-based platform tailored specifically to suit the needs of the life insurance industry, enabling insurers to grow their customer’s Lifetime Value and create new revenues.

In the following interview, Dror talks about the exemplary personalized solutions that the company has been delivering since its inception.

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TSX Finishes Negative Day, Week, with Energy Falling

Canadian stocks fell hard by the closing bell Friday, weighed by energy shares after oil prices slumped as a fresh surge in COVID-19 cases in Europe threatened to slow an economic recovery.

The S&P/TSX Composite waned 82.51 points to finish Friday at 21,555.03, a drop of 213 points, or nearly 1% on the week.

The Canadian dollar let go of 0.28 cents at 79.06 cents U.S.

As mentioned, energy proved the anchor ‘round the markets today, as Enerplus plummeted 70 cents, or 5.5%, to $12.08, while Crescent Point Energy lost 30 cents, or 5.2%, to $5.53.

In consumer staples, Alimentation Couche-Tard staggered $1.45, or 2.8%, to $50.85, and Village Farms International sank 22 cents, or 2.3%, to $9.57.

Gold also suffered, with Iamgold falling 12 cents, or 2.9%, to $4.02, while Kirkland Lake Gold dipped $1.19, or 2.2%, to $54.16.

Real-estate issues tried to pick up the slack, with Real … Read more

Homelessness could cost Government £2.6 billion if it fails to act now, The Big Issue has revealed

The Big Issue has revealed that if the Government does not take action to address the full £360 million in rent arrears now it could cost them an extra £2,234,025,000 on top of that later.

The Big Issue’s Stop Mass Homelessness (SMASSH) campaign is calling on the Government to address the £360 million in rent arrears which was accrued during the pandemic, arguing this could save them over £2 billion in the future.

Utilising a study published in 2016 from the charity Crisis called ‘Better than Cure?’, The Big Issue has worked out it costs the Government £9,266 for every person made homeless, whereas the price of preventing homelessness is only £2,263.

The Big Issue used research from Citizens Advice showing that half a million renters went into arrears during the pandemic, resulting in £360 million in rent debt, alongside data from a YouGov poll run by StepChange, which saw … Read more

Austrian Situation Spooks Most Stocks, but Techs Gain on Week

Stocks struggled on Friday as concerns over a resurgence of COVID-19 weighed on global markets, though tech shares pushed higher.

The Dow Jones Industrials finished the week with a thud, losing 268.97 points to 35,601.98, or nearly 500 points on the week, or 1.4%.

The S&P 500 index lost 6.58 points to 4,697.96, still keeping intact a gain of more than 15 points, or 0.32% on the week.

The NASDAQ Composite gained 63.23 points to 16,057.44, for a pickup on the week of nearly 200 points, or 1.2%.

Markets took a hit after Austria announced earlier in the day that it would re-enter a full national lockdown due to a spike in COVID cases. Germany also unveiled Thursday more restrictions for unvaccinated people, as a fourth wave sent daily cases to a record high.

Markets moved downward anyway, though they pared back deeper declines from the morning. Shares of air … Read more