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Cigent Raises $7.6M in Series A Funding

Backers included In-Q-Tel, CyberJunction, WestWave Capital, and several individual investors including:
Avie Tevanian, formerly Apple Inc.’s Chief Software Technology Officer
Tom Paquin, Co-Founder of Netscape and Mozilla
Brendan O’Halloran, former Vice-Chair at TD Securities
William Cyr, Chief Executive Officer at NASDAQ-listed Freshpet
Alan Pollard, President – Product and Innovation at The Vitality Group
Francois Millard, Senior Vice President/Chief Actuarial Officer at The Vitality Group
Dr. Tony Martin, President and Founder of Strategic Solutions Unlimited
Gary Wipfler, Treasurer, Apple Inc.
CyberJunction’s Thomas DiBenedetto, and Brendan O’Halloran have also joined the Cigent board of directors. DiBenedetto, who leads CyberJunction, is also Chairman of Jefferson Waterman International, a Washington D.C.-based international consulting firm and a partner in the Fenway Sports Group LLC (FSG), the parent company of the Bosto ....

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Do you have enough insurance? This is what you need to do to be prepared for the coronavirus in 2021

Synopsis
With Covid showing no signs of abating, it’s crucial not only to secure your lives, but also of your loved ones. One way to do so is by buying term insurance. And with regards to health insurance, consider two parameters. Read to find out.
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Related
ET Wealth reached out to experts to know how investors can safeguard their finances from the volatility that raged in 2020 and the uncertainty that looms in the horizon. This week’s cover story explains 11 steps that one should take now to improve one’s finances in the New Year.
Here are the smart money moves to make while reviewing your insurance policies. ....

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Why Higher Premiums Should Not Stop Smokers From Buying Term Insurance Covers

Why higher premiums should not stop smokers from buying term insurance covers
Given the alarmingly high mortality rate amongst smokers, life insurers charge substantially high insurance premiums
December 25, 2020 / 11:18 AM IST
In the midst of COVID-19’s toll lies yet another alarming statistic. Around 8 million die every year due to tobacco consumption. According to the World Health Organisation (WHO), of these, over 7 million are linked to direct tobacco use, while nearly 1.2 million can be traced to second-hand smoke that non-smokers are exposed to. India’s Health Ministry statistics put the country’s tobacco-related deaths at close to 1.3 million a year.
While COVID-19 has pushed many to buy health insurance policies and term insurance covers, did you know that if you are smoker, your premiums can be around 70 percent higher? ....

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