Lemonade Bets On Trust And Transparency To Gain Customers And Transform The Insurance Industry

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With an innovative business model that aims to transform the insurance industry, Lemonade is attracting customers and investors with its technology- and transparency-driven products. Rooted in its values as a Certified B Corporation and public benefit corporation, the startup insurer builds its business on a give-back system that allows customers to select nonprofits that receive any unused premiums.

Lemonade cofounder and CEO Daniel Schreiber says that by donating that money rather than keeping it as profit, the company produced more than

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Will crypto and blockchain shape the future of finance? Experts answer

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This is Part Two of a multipart series on blockchain and crypto in China. Read Part One about the digital yuan here

When Satoshi Nakamoto introduced the Bitcoin (BTC) white paper over a decade ago, it was hard to imagine what role the cryptocurrency sector would play in global finance. Some argue that the invention of blockchain technology is comparable to the revolution brought on by the invention of the internet back in the 1980s. Starting as a niche space for tech enthusiasts, in just 12 years Bitcoin has become a serious player in the financial field, with its

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Breckenridge business leaders oppose recent town council ideas in public letter

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Short-term vacation rentals in Breckenridge are pictured Jan. 21, 2020. A letter sent to the Breckenridge Town Council opposed recent discussions of the council, including those pertaining to short-term rentals.
Photo by Liz Copan / Studio Copan

A letter opposing recent actions and discussions of the Breckenridge Town Council stirred the pot at Tuesday’s council meeting. Mayor Eric Mamula responded to the letter, and community members chimed in during the public comment period asking the council to work with them to address the lack of attainable workforce housing in town.

The 71 signatures on the letter included both individuals as

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CuneXus Study Reports Improved Loan Portfolio Growth for Participating Credit Unions

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MADISON, Wis.–(BUSINESS WIRE)–CuneXus, the first digital storefront for financial institution’s customers and members, found that credit unions experienced a 17.3% increase in average number of loans granted over a 12-month period after implementing its product. This comes from an analysis to uncover the statistically significant impact CuneXus’ products have on participating credit union operations/financials versus non-participant peers.

The increase in loans spiked especially higher than industry averages in Q2 of 2020; as the credit union industry average fell with the pandemic, personal and targeted offers from CuneXus accelerated. Analysis found that the CuneXus alignment had the strongest impact

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Business and personal advice as serious as a heart attack

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Six months ago, I had the big one: a 99% blockage in my right coronary artery. I was not in pain, although I experienced discomfort in my chest.

Background

An unusual discomforting feeling presented about two weeks prior to my attack.  However, I didn’t think much of it and I continued to play tennis on my regular five-day-a-week schedule. At the insistence of one of my fellow tennis players, I called to schedule an appointment with my GP. That meeting never happened.

On my way home from a local tennis tournament match, I became ill as I pulled into my

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Innovating for survival: Business owners’ creative ideas will carry on past the pandemic

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Yurts at Sauce on the Blue in Silverthorne offer private dining settings for guests. While the yurts were put up amid COVID-19 to increase the number of tables the restaurant could offer, owner Tim Applegate said the yurts will go up every year as a unique winter dining experience.
Photo from Sauce on the Blue

In a year of Zoom, outdoor dining and takeout, Summit County’s entrepreneurs still have found ways to drum up business.

While the intent was simply to survive the pandemic, the new tools businesses used and services they provided are likely to prove useful in a

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