BNP Paribas Cardif and Lemonade have teamed up to offer digital renters’ insurance in France. The partnership brings together BNP Paribas Cardif’s experience and brand recognition in the French market and Lemonade’s fully digital rental insurance, the companies said in a Tuesday (Feb. 14) press...
Coverdash has announced the launch of its insurance solutions and the closing of an oversubscribed seed round. The business-focused InsurTech said in a Monday (Jan. 23) blog post that it makes it easier for eCommerce merchants, gig workers and other business owners to buy and...
The connected economy will refashion the middleman’s role across verticals, and life insurance is no exception. TransUnion noted in a research report that about 4 in 10 consumers go online or use an app when shopping for life insurance. That’s a marked shift away from...
Automation can be the missing link to minimizing friction in the online insurance claims process. In fact, when it comes to making an insurance claim, filling out forms and providing reams of documentation is known to increase friction in the customer journey. To...
Insurers are increasingly turning to open banking to personalize coverage, increase access and streamline applications. In the latest example of the trend, U.K. open banking provider Yapily recently announced that it has teamed up with InsurTech company Certua to integrate open data sharing into its...
In the latest edition of PYMNTS’ Provider Ranking of Insurance apps, there are 10 strong apps in the top 10 that have fluctuated up and down the ranking. This time around, there are no ties, but many apps have been bested by others for their...
In many African countries, huge uninsured populations have been underserved by the traditional model for medical coverage, excluding all but the wealthiest individuals. For example, in the markets where Nairobi-based InsurTech firm Turaco operates — Kenya, Uganda and Nigeria — “the vast majority of the...
Insurance payments company ePayPolicy has expanded its digital payments platform to include a new product called CheckMate that helps the insurance industry rapidly route, process and reconcile paper check payments. The company said in a Wednesday (Sept. 7) press release that its customers’ experiences align...
Fleet InsurTech startup Fairmatic has emerged from stealth with a $42 million Series A funding round led by Foundation Capital and Aquiline Technology Growth. The startup is also backed by Yahoo co-founder Jerry Yang, Israeli-American investor Oren Zeev, Hippo Insurance co-founder Assaf Wand and entrepreneur...