Fat Lama, a marketplace that lets you rent out just about anything you don’t need, has raised $10 million in a series A round of investment led by a new U.K.-based venture capital fund called Blossom Capital, with participation from Atomico and previous investor Y Combinator. Founded out of London in 2016, Fat Lama is one of a number of marketplaces that allow people to monetize their possessions such as bikes, cars, or homes. In the case of Fat Lama, its peer-to-peer (P2P) marketplace allows its users to rent out just everything (within reason), from cameras, drums, and drones to DJ equipment and video games. Above: Fat Lama Prior to now, Fat Lama had raised around $3 million in funding, and with another $10 million in the bank it said that it plans to grow its team and expand its operations in the U.S. The company launched in New York back in January having already rolled out across much of the U.K. and it will now look to hire city-specific managers as it pushes out … [Read more...] about London’s Fat Lama raises $10 million to grow its P2P rental marketplace in the U.S.
U s financial life insurance company
RADNOR, Pa.--(BUSINESS WIRE)--Apr 23, 2018--Lincoln Financial Group (NYSE: LNC ) announced today that 200 care packages will be sent to active U.S. servicemembers thanks to a recent volunteer effort led by more than 100 of its Information Technology Department employees. As part of an annual “giving back” team-building effort, Lincoln employees filled packages with snacks, personal hygiene items, games and handwritten thank you notes. Each package will be distributed to active deployed military personnel by Liberty USO, an organization whose mission is to enhance the quality of life of the U.S. Armed Forces personnel and their families.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20180423005178/en/Lincoln Financial Group volunteers (Photo: Business Wire)Lincoln teamed up with Widely Different, a team building company that partners with corporations like Lincoln Financial across the country, to design and execute … [Read more...] about Lincoln Financial Group Teams up to Deliver 200 Care Packages to U.S. Servicemembers
It’s no secret that Americans pay more for healthcare than people in all other developed countries. And a big reason for that is because our $3 trillion healthcare system is focused to a large extent on generating profits for businesses, rather than the well-being of patients.Much of that profit-seeking is perfectly legitimate, by which I mean it’s frequently outrageous, unethical and immoral, but within the letter of the law.Then there’s all the profiteering that occurs in the shadows, seeking to exploit the insane complexity of the U.S. healthcare system and in so doing drive costs even higher.“All healthcare systems have fraud,” said David Frankford, a law professor at Rutgers University. “But the U.S. system is so complicated and so fragmented, it just makes it easier to get away with.”A good example arose this week with the indictment of the owner of a Sacramento company, Trina Health, that offers what it calls “one of the most … [Read more...] about Consumer Confidential: Another downside to U.S. healthcare system: Way more opportunities for fraud
Advertisement By: Carolyn Mathas One would think that group term life insurance is a cookie-cutter exercise, no matter who is offering it. That can’t be farther from the truth. It’s the size and the strength of the group that determines how competitive the insurance offerings might be. For example, finding a group that is extremely large in size, has a long-standing history in the marketplace and also a history of discounts and declining rates makes the most sense, and will beat many smaller groups every time. There are many things that set such a group apart from its peers, including the depth and breadth of available options for the insured and also their family members. But let’s say that you have access to such a group through IEEE, in conjunction with its group insurance partner, Mercer Consumer, a service of Mercer Health & Benefits Administration LLC* (“Mercer Consumer”); then what? How do you continue in a manner that makes sense for you? … [Read more...] about Group Term Life Insurance – Questions to Ask Yourself Today
The recent hack of Anthem, one of the country's largest health insurance companies, exposed the data of as many as 80 million customers, including many of their social security numbers. The magnitude of that data breach underscores not only the risk consumers are at but also just how valuable personal information is to hackers – especially healthcare data.But it's not just the pot of valuable data that makes health insurance companies attractive targets, but also the level of security at health insurance companies that make them susceptible, too.[ Related: Health records are the new credit cards ]"If you can hack your way into one of those you'd get just as much information if not more than if you hacked into a bank," says Art Thomas, associate professor at the School of Information Studies at Syracuse University.Longer shelf lifeHealth insurance companies store a lot more information about clients than a bank or credit card, which makes them prime targets for hackers."The health … [Read more...] about Health insurance companies prime targets for hackers