The OECD in October 2017 published its annual Entrepreneurship at a Glance report. The 2017 edition includes a new trends chapter, which also introduces recent developments related to the emergence of the “gig economy” and the use of digital tools by micro-enterprises. Summary In most OECD countries where data are available, numbers of new firm creations continue to recover, and in many countries are above pre‑crisis highs, suggesting that
Activehours, a mobile app that gives people access to their pay directly from their smartphones whenever they need it, has announced a $39 million investment round led by Andreessen Horowitz, along with participation from earlier-stage investors Matrix Partners, Ribbit Capital, and March Capital Partners. Launched in 2014, Activehours has added employees from more than 25,000 companies including Starbucks, Apple, Home Depot and Target, who use the app. Activehours charges
Dr. Klaus-Peter Röhler in September 2017 was named Chairman of the Management Board (CEO) at Allianz Deutschland, replacing Dr. Manfred Knof effective 1 January, 2018. Röhler, 52, has been CEO of Allianz Italia since 2015, a post he assumed after serving as CEO of Allianz Suisse for two years. Dr. Röhler holds a PhD, a degree in Law, and a diploma in Business Administration, and is a member of
Tokio Marine HCC in October 2017 acquired the medical stop-loss operations of AIG through its wholly owned U.S. subsidiary, HCC Life. The deal includes renewal rights, inforce business and employees. The acquired operations produce gross written premium of approximately $350 million and increase Tokio Marine HCC’s medical stop-loss business to over $1.3 billion of premium, making it one of the top three largest players in the medical stop-loss industry,