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...
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Small businesses that have experienced property loss or damage rely on their insurance companies to give them the funds they need to get back on their feet and stay in operation. Swift resolution of these issues is important to these small companies, and payouts made via...
Amazon will soon roll out insurance policies for small- to medium-sized businesses (SMBs) across the U.K., broker Superscript told Reuters on Monday (Sept. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mexican insurance technology startup Super is expanding into hurricane insurance after already offering earthquake coverage, CEO and Founder Sebastian Villarreal said in a Bloomberg report on Friday (Sept. 24), noting that the company could also pursue another fundraising round in 2022. Get the Full Story...
Expanding upon its health insurance for furry, four-legged friends, Lemonade on Tuesday (Sept. 14) announced the debut of its preventative care offerings for puppies and kittens. Under the new addition to Lemonade Pet, the youngest pet members – up to two years old – can...
