Insurtech

Allstate launched a new workplace benefit that reimburses employees who fall victim to cybercrime. The new ...

Insurance once sold peace of mind. Today, peace of mind arrives in milliseconds—or not at ...

Enterprise cybersecurity is no longer just about firewalls and encryption. It’s about foresight and resilience. ...

Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in ...

Canadian property and casualty insurers using the Guidewire platform will be able to add One ...

An artificial intelligence system from UnitedHealth Group has reportedly sped up prior authorization requests and ...

With the all-important holiday selling season coming up, it might be time for consumers to ...

FurtherAI raised $25 million in a Series A funding round to expand the capabilities and ...

Watch more: Need to Know Insurance is often defined by its pain points: accidents, losses, disruptions ...

Policy, claims, risk and analytics platform Klear.ai is teaming with payment automation provider Carepay. This partnership ...

At the midpoint of 2025, the digital transformation of healthcare and insurance has moved fully ...

London-based DynaRisk has raised $4.7 million in a funding round to accelerate product innovation and ...

ZestyAI debuted Zorro Discover, an artificial intelligence agent designed to provide insights into regulatory filings, ...

As natural disasters grow in frequency and severity, the cost to insurers is becoming unsustainable. ...

LIDP has added One Inc’s inbound PremiumPay solution to its Titanium platform for life insurance ...

Paris-based digital insurer Orus raised 25 million euros (about $29 million) in a Series B ...

Insurance firms face a conundrum when digitalizing operations, as they accept and disburse payments that ...

One Inc, a digital payments network for the insurance industry, announced Tuesday (June 3) the ...

Paytient secured $40 million from Trinity Capital to expand its employer- or health plan-embedded cost-smoothing ...

Imagine you’re owed a payment, whether it’s a gig paycheck, an insurance claim or a ...

Artificial intelligence is increasingly being used by insurers, rental car companies, vehicle auction houses and ...

AAA Life Insurance Company, which is part of the American Automobile Association (AAA), will use ...

In the ever-escalating war for talent, employee perks have become strategic weapons. From unlimited PTO ...

At its core, the insurance industry has a business model that’s been around for decades, ...

The promise of payments that clear in seconds rather than days has moved from a ...

The groundwork is being laid for the movement of the insurance industry fully into the ...

The digital transformation of the insurance industry is a work in progress. Digitizing trillions of dollars ...

InsurTech startup 1Fort has raised $7.5 million in a funding round to enhance the artificial ...

UnitedHealth Group is downgrading its 2025 revenue forecast because of issues with its Medicare business. Speaking ...

European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech ...

UnitedHealthcare is reportedly working to overhaul its customer service following the murder of its CEO. When ...

Health insurance startup Thatch has reportedly raised $40 million in Series B funding. That’s according to ...

Priority Technology Holdings has a new tool to help businesses with their health coverage. The payments ...

Tabit Insurance has announced the capitalization of its $40 million insurance facility. The fundraise, announced Monday ...

German insurance giant ERGO is expanding into the U.S. after acquiring Next Insurance. The $2.6 billion ...

Edenred Payment Solutions has unveiled a tool to speed insurance claim payouts. The U.K. company’s virtual ...

Several insurance companies doing business as National General and Allstate are facing a lawsuit in which the New ...

Insurance is one of the most complex industries, marked by multiple touch points among several ...

The commercial insurance industry, an economic linchpin valued in the hundreds of billions, has long ...

New York has closed a multi-year probe into car insurers’ failure to report timely information. That ...

UnitedHealthcare is reportedly looking to reduce the number of employees in its benefits unit through ...

President Trump wants new tariffs on steel and aluminum, which could raise the cost of ...

Uber Technologies is reportedly suing a group of law firms, doctors and pain management clinics, ...

Digital transformation is at the forefront of an overarching strategy to elevate the customer experience for ...

Latin American InsurTech Olé Life has raised $13 million with the help of PayPal Ventures. The ...

Insurance industry payment platform One Inc says Columbia Insurance Group has adopted its digital payments solutions. Columbia Insurance Group (CIG), ...

Insurance payments platform ePayPolicy has added a quoting and invoicing tool. Designed for insurance companies and ...

The billions of dollars in damages — and the incalculable emotional toll — of wildfires ...

The insurance industry has faced challenges in implementing real-time payouts due to high costs and ...

Uber reportedly told New York City’s taxi regulator that proposed changes to commercial auto insurance ...

New York state has penalized two auto insurance giants for failing to secure customer data. Geico ...

Insurance industry payments network One Inc has launched a partnership with U.S. Bank. The collaboration, announced Thursday ...

LendingTree has teamed with Coverdash to offer insurance coverage to its small business and startup customers. The collaboration, announced Wednesday (Nov. ...

Call it a financial services ecosystem or even a financial services marketplace. But don’t call ...

Innovation is born in times of struggle. And in the aftermath of Hurricanes Helene and ...

The number of job openings in the United States declined to 7.4 million in September, ...

The number of initial claims for unemployment insurance dropped, but insured unemployment reached its highest ...

Nasdaq has introduced technology to calculate investment portfolio risk using machine learning. The new functionality, announced Thursday (Oct. 17), ...

Paymentus has introduced a tool to help insurers offer instant digital disbursements. The Paymentus Disbursements Accelerator, announced Tuesday (Oct. ...

Insurance industry payments network One Inc has launched a collaboration with J.P. Morgan Payments. The new partnership integrates J.P. Morgan Payments’ ...

Consumer financing company Synchrony has begun rolling out a reimbursement process designed to provide an ...

In the high-stakes world of healthcare retail, CVS Health finds itself at a crossroads, navigating ...

The Consumer Financial Protection Bureau (CFPB) is targeting illegal practices among medical debt collectors. The practices ...

Artificial intelligence is transforming the financial sector, with regulators highlighting potential “uninsurable” risks while innovative ...

Banks face a digital shift, pressures on deposits and competition for customer loyalty, so they ...

The hyper-personalization of insurance enabled by artificial intelligence could benefit some customers but render others ...

In an era where digital transformation is reshaping industries across the board, the insurance sector ...

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison ...

Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there ...

French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes ...

Last-mile delivery management firm Onfleet has integrated with fleet insurance firm Fairmatic. “Businesses that take advantage ...

Technology has long had a profound impact on farming practices. With the advent of artificial ...

PYMNTS Intelligence’s data makes it clear enthusiasm for financial institutions (FIs) as insurance providers is ...

Last month’s worldwide tech outage disrupted organizations from airlines to banks to hospitals. However, one sector ...

The U.S. healthcare system is a thorny, complex and at times highly inefficient ecosystem. Against this ...

The insurance industry, long perceived as a slow-moving behemoth, is experiencing a seismic shift thanks ...

One Inc has named former Flywire Chief Financial Officer (CFO) Michael Ellis as its new CFO. Ellis will ...

In the connected economy, there are simple business models (think subscriptions), complex business models (think ...

Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ...

Receiving insurance disbursements in a timely fashion can be crucial. This is especially true if ...

Insurers reportedly could be facing hundreds or thousands of business interruption claims resulting from the Microsoft outage ...

This week featured insights from JOOR CEO Kristin Savilia on the necessity of experiential retail ...

Simply Business has expanded its workers’ compensation insurance offering for small businesses by partnering with ...

As the second half of 2024 unfolds, the insurance sector finds itself in the midst ...

Artificial intelligence (AI) is set to change the health insurance industry, potentially slashing costs and ...

Insurers’ use of artificial intelligence (AI) must not discriminate against consumers, New York State Department ...

InsurTech firm AutoRek has partnered with J.P. Morgan Payments to help insurance companies overcome data challenges with a ...

Despite a recent wave of ransomware attacks, cyber insurance premiums are declining around the globe. That’s ...

As consumers increasingly look to their financial institutions for insurance products, banks have an opportunity ...

One Inc has teamed with insurer Zurich North America to help digitize claim payments. The insurance ...

Forty-four percent of U.S. consumers are interested in purchasing insurance products directly through their financial ...

Oscar Health reportedly aims to expand its presence in the employer market by providing more ...

The first week of June brought scant movement for the FinTech IPO Index overall, as ...

Most consumers get their insurance from various providers, but data shows that consumers want to ...

The Federal Deposit Insurance Corp.’s (FDIC) first-quarter assessment on the banking industry takes note of ...

FintechOS has raised $60 million in a Series B+ investment round to accelerate the global ...

Canadian digital insurance provider Apollo has raised $18.5 million Canadian dollars (about $13.6 million) to ...

Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and ...

InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded ...

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, ...

Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), ...

InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as ...

Porch Group has found that unique data provided by its home services software and partnerships has ...

Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care ...

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while ...

The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is ...

OneShield has partnered with One Inc to deliver a digital payment solution for the insurance industry. One Inc’s payment product integrations designed ...

Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention ...

In the age of smartphones and instant access to information, it’s no surprise that even ...

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday ...

InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures.  The Series C round, announced Wednesday ...

Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of ...

Findings from a recent New York Times report have brought to light a concerning reality for drivers: their ...

Bottomline expanded the availability of its legal bill review service for property and casualty (P&C) insurance carriers and ...

Nordic Capital is making a strategic investment in One Inc, a digital payments platform for ...

Insurance claims have long been associated with paperwork, delays and frustrations. Whether it’s for auto ...

It’s said that those who don’t learn from history are doomed to repeat it. The spectacular ...

InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in ...

Digital insurance firm Lemonade says predictions of its demise have been greatly exaggerated. The company’s stock has fallen ...

In many ways, the insurance industry helped hone the algorithms behind artificial intelligence technology. From actuarial ...

Coverdash has raised $13.5 million in Series A funding to expand its embedded insurance offering. The ...

Digital insurance platform Lemonade said artificial intelligence helped it improve its loss ratio. The figure, the ...

Insurance companies are crucial in helping consumers with essential needs. They may provide funds to ...

Michael Boeke, VP of Payment Product Management Enterprise at CCC Intelligent Solutions, told PYMNTS that ...

Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats.   “Not having ...

In all industries, what happens after the sale can be as critical as the initial ...

Everyone needs insurance, whether its for your car, your home or your personal possessions. There ...

In the connected economy, InsurTech sprouted as a relatively new category that removed some of ...

Insurance industry cloud platform CCC Intelligence Solutions debuted a new data security tool for collision ...

The co-CEOs of digital insurance company Lemonade will return to their previously held positions on Jan. 1. Shai ...

“Insurance is a personal and custom purchase,” Melissa Hurd, vice president and general manager of the ...

For almost all FinTechs — and especially for publicly traded firms — it has been ...

Humana and Cigna are reportedly in talks for a potential merger that could reshape the health insurance ...

Progressive and State Farm tied for No. 1 in last month’s edition of PYMNTS Provider ...

One Inc, a digital payments network serving the insurance sector, has partnered with J.P. Morgan ...

Intuit has partnered with Allstate Health Solutions to provide expanded insurance options for small businesses ...

American workers are ditching the traditional waiting game and opting to receive their income and ...

Digital insurance company Lemonade says its platform now has 2 million customers. The company announced that milestone ...

The generation gap does not make headlines as much as it used to, but one ...

Generation Z and millennial consumers have a high level of digital expectations that transcend multiple ...

PYMNTS Intelligence interviews Ian Drysdale, CEO of insurance industry digital payments network One Inc, on ...

Generation Z and millennials have different insurance needs from their elders, yet they are already ...

Navigating insurance policies can be a daunting and complex process, especially since we only use ...

CCC Intelligent Solutions has unveiled a tool it says lets collision repair shops launch websites. CCC Amplify, announced Monday ...

The sale of car insurance industry software firm CCC Intelligent Solutions is reportedly in limbo. According to published reports Tuesday ...

Stere Pay unveiled its buy now, pay later (BNPL) gateway for the insurance industry. The initiative ...

Shipping platform Shippo and InsurTech Cover Genius have joined forces to introduce an insurance solution for eCommerce merchants ...

CCC Intelligent Solutions (CCC) added new artificial intelligence (AI)-based photo analysis capabilities to its cloud ...

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors ...

Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize ...