Agile and ePayPolicy Team to Offer Insurance Financing
May 14, 2024

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online financing enrollment and premium payment solutions,” the companies said in a Tuesday (May 14) news release. “Finance Connect enables Agile...

Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
May 01, 2024

The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product sales, the industry is seeing a gradual shift away from this model, said Andrea Heger, senior vice president of insurance...

OneShield and One Inc Partner on Insurance Industry Payment Solution
April 25, 2024

OneShield has partnered with One Inc to deliver a digital payment solution for the insurance industry. One Inc’s payment product integrations designed for the insurance industry will now be accessible through OneShield’s customer-facing marketplace of insurance technology solutions, the companies said in a Thursday (April 25) press release. “With One Inc’s industry-leading...

AWS and AXA to Develop Global B2B Risk Management Platform
April 04, 2024

Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset management firm, will leverage AWS analytics capabilities to add services for existing clients and AWS clients through the AXA Digital...

Life Insurance Agents Go Digital to Connect With Young Buyers
April 02, 2024

In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The insurance sector, once synonymous with stacks of paperwork and lengthy meetings with agents to get quotes, is no different.  Today,...

Virtual Cards Streamline Healthcare Claims as Insurers’ Digital Transformation Gains Momentum
March 11, 2024

Insurance claims have long been associated with paperwork, delays and frustrations. Whether it’s for auto accidents or healthcare needs, the process has often been cumbersome and time-consuming.  But the insurance landscape is rapidly evolving, with digital tools and innovative solutions paving the way for more...

Porch Group Earnings Show Resilience for InsurTech Category
March 07, 2024

InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance and vertical software platform sector, reported a solid Q4. As announced after the bell on Thursday, March 7, Porch surpassed...

Lemonade Chief Pushes Back Against Insurance Firm’s Doomsayers
March 03, 2024

Digital insurance firm Lemonade says predictions of its demise have been greatly exaggerated. The company’s stock has fallen more than 70% since it went public in 2020, and saw its shares fall again last week.  But CEO and Co-Founder Daniel Schreiber told the Financial Times (FT) Sunday...

Smart Digital Payments Bring Consumer-Like Experience to Auto Repairs and Insurance Claims Payouts
February 15, 2024

Michael Boeke, VP of Payment Product Management Enterprise at CCC Intelligent Solutions, told PYMNTS that the trillion-dollar property and casualty economy needs to continue its digital overhaul. An accident, he said, represents “an event that is often a major disruption to someone’s life.” The claims...