PYMNTS June 2021 Embedded Insurance Report: Leveraging Transaction Data to Expand Coverage in a Digital-First Market, done in collaboration with Cover Genius, asks a resoundingly important question at a pivotal moment in the growth of contextual commerce: “What are the best ways to reach prospective...
“It’s been exciting for us to watch the disruption within the insurance industry with respect to the advanced technology being offered through the InsurTech space,” Liz Sheehan, group vice president of Carrier and Product Management at Franklin Madison, told PYMNTS in an interview. Those upstart...
Those on the market for insurance products today tend to be younger, and not married to traditional notions of where to buy coverage — or even what coverage is. This vast opportunity is appealing to an assortment of players, few more so than banks and...
Purchasing insurance may be a given in the U.S., but that hasn’t always been the case in Latin America. However, that is quickly changing as LatAm is becoming a high-growth market for insurance, especially given the unprecedented disruption of day-to-day life brought on by the...
The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market is complicated and fragmented, which can often make it difficult for consumers to obtain protection when and where the need...
Life insurance is one of those financial products that often gets careful consideration during the milestones of life — marriage, perhaps, or kids arriving. The pandemic may have shifted thinking a bit, as consumers consider health, safety and the financial wellness of loved ones should...
The pandemic has prompted consumers of all ages to sharpen their focus on planning for their financial futures, including the unexpected. This has resulted in a new generation of consumers entering the life insurance market — and many of them are young and interested in...
Whether they know it or not, consumers have been the beneficiaries of embedded insurance, a trend that’s moving beyond simple eCommerce payments and has recently made its debut in the logistics sector. Embedded insurance offers a seamless alternative to the clunkiness of traditional insurer offerings:...
It should come as no surprise that the pandemic has opened up new opportunities for consumers to consider insurance. The unforeseen, after all, might seem like it’s more a possibility than ever before — disrupting travel, health and even shopping. With the slew of electronics...
