Insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
Provider Ranking of Insurance Apps Shakes It Up With New Names and Numbers
Provider Ranking of Insurance Apps Shakes It Up With New Names and Numbers
March 17, 2023  |  Insurance

Keep those policies current. That’s all we have to say. Except for everything we’re about to say. Welcome to PYMNTS Provider Ranking of Insurance Apps. We’re...

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Insurance Carriers Use Digital Payments and AI to Shorten End-to-End Claims Process
Insurance Carriers Use Digital Payments and AI to Shorten End-to-End Claims Process
March 16, 2023  |  artificial intelligence

Like many industries, insurers are also being rocked by macro pressures. “What we’re seeing are resource challenges and supply chain issues across the insurance industry,”...

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InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
March 15, 2023  |  Insurance

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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Lack of Instant Insurance Claims Payout Options Risks Customer Loyalty
Lack of Instant Insurance Claims Payout Options Risks Customer Loyalty
March 02, 2023  |  Insurance

Giving customers less payout options is an odd loyalty play for the insurance sector, yet that is the industry-wide strategy currently in play, as noted...

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Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
March 01, 2023  |  Opinion

The problem of failed transactions has yet to be fully addressed in industries such as healthcare, insurance and utilities, Vindicia Chief Strategy Officer Trace Galloway...

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CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
February 24, 2023  |  Investments

CyberSmart has raised 12.75 million pounds (about $15 million) in a Series B round. The company — which provides cybersecurity solutions for small- to medium-sized...

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7 in 10 Retail, Finance and Insurance CFOs Say Digital Investments Are Paying Off
7 in 10 Retail, Finance and Insurance CFOs Say Digital Investments Are Paying Off
February 24, 2023  |  Digital Payments

Investments in digital systems for fraud prevention, working capital, and accounts receivable (AR) lead a long list of digital expenditures that are yielding benefits for...

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Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
February 23, 2023  |  Earnings

Lemonade says its first full year with all five insurance products in the market was a good one. This, as the full stack, artificial intelligence...

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