COVID-19 deaths triggered a surge in death benefit payouts by life insurance companies in 2020, increasing by more than 15% over the previous year, according to a Thursday (Dec. 9) Wall Street Journal report. Get the Full Story Complete the form to unlock this article...
For many millions of drivers, a car is simply a conveyance. Enthusiasts, however, are a breed apart. We’re talking people who live and breathe collectible autos. For this group, merely insuring beloved and precious wheels doesn’t cut it. They long to be in the collectible...
Insurance providers are all about managing risk. In this month’s edition of the PYMNTS Provider Rankings of Insurance Apps, the leaders are managing risk by sitting right where they were last month. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It’s a common question heard when buying “big-ticket” durable goods: “Would you like a product protection plan for that?” Whether at a traditional cash register, on a website or via a pamphlet mailed or emailed after the fact, it’s a question shoppers have come to...
After the recent launch of Lemonade car insurance, AI-powered insurance company Lemonade has announced its first-ever acquisition, purchasing the online insurance platform and pay-per-mile vehicle insurer Metromile in an all-stock deal aimed at boosting its auto insurance business. Get the Full Story Complete the form...
Artificial intelligence (AI)-powered insurance company Lemonade on Wednesday (Nov. 3) launched Lemonade Car, an initiative rooted in social good that brings a tech-first approach to the crowded category, in the state of Illinois. The company also plans to offer it across the U.S. in the...
Spain’s CaixaBank has joined forces with the InsurTech platform bsurance to create and test new embedded life insurance offerings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
With the rise of eCommerce, frustrating situations like cracked phones, damaged furniture and broken equipment are far too common for consumers, leading them to demand extra coverage to protect their durable goods against mishaps. Product protections and extended warranties, now offered with high-cost goods, promote...
Tesla owners will be able to opt-in to a new program in which the automaker remotely monitors their driving practices and shares the data to determine the driver’s auto insurance premium. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
