Insurance

Insurance
NYDFS Issues Guidance for Insurance Companies’ Use of AI
July 11, 2024

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department of Financial Services (DFS) Superintendent Adrienne A. Harris said Thursday (July 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Insurance
Why More Banks Say Yes to Insurance as a Consumer Product
June 28, 2024

As consumers increasingly look to their financial institutions for insurance products, banks have an opportunity to meet this growing demand. A recent report from PYMNTS Intelligence and Franklin Madison shows that 44% of all consumers would turn to their financial institutions (FIs) for insurance needs,...

Insurance
New Report: Younger Consumers Could Make Buying Insurance From a Financial Institution Cool
June 06, 2024

Most consumers get their insurance from various providers, but data shows that consumers want to simplify the process. PYMNTS Intelligence finds that 44% of all consumers would turn to their financial institutions (FIs) for these needs. Get the Full Story Complete the form to unlock...

Insurance
Vitesse Raises $93 Million to Expand Platform for Insurance Industry
May 21, 2024

Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Insurance
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. 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 to our daily newsletter, PYMNTS Today. By...

Insurance
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. 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...

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. 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 to our daily newsletter, PYMNTS Today. By...

Insurance
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Insurance
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.  Get...