The insurance payments platform Ascend was endorsed as a payments and financing platform for the member network serviced by the Agency Collective (The AC). Providing all-in-one financing, collections and payables, Ascend aims to help distributors get rid of labor-intensive processes while providing customers with a...
Online pet product retailer Chewy has expanded its pet health offerings with a suite of insurance and wellness plans for pets. The program, known as CarePlus, is currently available in 31 states and will be offered nationwide by the later part of this year, Chewy...
Artificial intelligence (AI)-powered insurance company Lemonade has officially divested online insurance platform and pay-per-mile vehicle insurer Metromile’s Enterprise Business Solutions (EBS) to digital insurance platform EIS, according to a press release Monday (Aug. 1). EBS was Metromile’s Software-as-a-Service (SaaS) claims automation and fraud detection platform,...
Harford Mutual Insurance Group tapped digital payments network One Inc’s ClaimsPay to process claims payments and synchronize the company’s workflow, according to a joint press release Thursday (July 21). Bel Air, Maryland-based Harford Mutual is represented by about 450 independent insurance agencies and is licensed...
When you’re in insurance, you want all the news to be good. The bad news is bad for the bottom line. Happily, in the latest edition of PYMNTS’ Provider Ranking of Insurance Apps, the news is indeed all good. Among the 13 apps in the...
Instanda, provider of a “no-code core insurance platform,” Monday (June 20) announced it raised $45 million in a Series B funding round that was led by Toscafund and included existing investor Dale Ventures. Toscafund is a European growth equity fund that raises capital from, among...
It’s no accident that the Provider Ranking of Insurance Apps is released every month; PYMNTS aims to ensure that the scores and rankings earned by the apps are kept up to date. The 13 apps that were here last month are here again, but with...
Paytm, the India-based digital payments company, plans to file for a new general insurance license, according to a report Sunday (May 15) from the Economic Times. Paytm said it wants to enter the general insurance sector, saying it was “bullish” about the potential. The decision...
The demand for the over-the-road trucking that carries goods across the country has been booming, but at the same time, the providers of this service have been facing many challenges — soaring fuel prices, a truck shortage, a driver shortage and insurance rates that have...