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.

CCC Intelligent Solutions Adds New AI Tools for Claims Handlers
CCC Intelligent Solutions Adds New AI Tools for Claims Handlers
October 23, 2023  |  Artificial Intelligence

CCC Intelligent Solutions (CCC) added new artificial intelligence (AI)-based photo analysis capabilities to its cloud platform for the property and casualty (P&C) insurance industry. Get...

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Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
Nearly One-Third of Insurance Consumers Prefer Not to Pay Extra for Real-Time Payments
October 17, 2023  |  Insurance

Legacy payment systems in the financial and insurance industries have often resulted in delays, errors and complications, leading to damaged customer loyalty and lost business....

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77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
October 12, 2023  |  Real-Time Payments

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

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82% of Small Insurance Firms Forgo Instant Payments
82% of Small Insurance Firms Forgo Instant Payments
October 05, 2023  |  Real-Time Payments

The insurance industry is witnessing a surge in the adoption of real-time payments, with nearly 40% of all firms surveyed in a PYMNTS study planning...

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INSHUR Expands Partnership With Uber to Scale On-Demand Insurance
INSHUR Expands Partnership With Uber to Scale On-Demand Insurance
September 29, 2023  |  Partnerships

INSHUR, an on-demand insurance platform, has expanded its strategic partnership with Uber as it launches insurance products for on-demand livery drivers in Arizona. Get the Full...

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Google and CCC Partner to Speed Online Car Repair Appointments
Google and CCC Partner to Speed Online Car Repair Appointments
September 28, 2023  |  Partnerships

Google and insurance industry cloud platform CCC teamed up to streamline online car repair appointments. Get the Full Story Complete the form to unlock this...

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Progressive and State Farm Reach No. 1 in PYMNTS’ Provider Ranking of Insurance Apps
Progressive and State Farm Reach No. 1 in PYMNTS’ Provider Ranking of Insurance Apps
September 25, 2023  |  Insurance

There are ties at the top and bottom of this edition of PYMNTS Provider Ranking of Insurance Apps. Get the Full Story Complete the form...

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InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
September 15, 2023  |  Insurance

FinTech platforms promise to disrupt entire verticals, bringing ease and speed to sectors that have traditionally been marked by complexity and paper-based interactions. Get the...

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Insurance Claims Optimization Company CLARA Analytics Raises $24 Million
Insurance Claims Optimization Company CLARA Analytics Raises $24 Million
September 07, 2023  |  Investments

CLARA Analytics, a provider of artificial intelligence (AI) technology for insurance claims optimization, has completed a $24 million Series C funding round, bringing its total...

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