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.

NYDFS Issues Guidance for Insurance Companies’ Use of AI

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

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...

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AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables
AutoRek and J.P. Morgan Payments Partner on Insurance Company Receivables
July 07, 2024  |  B2B Payments

InsurTech firm AutoRek has partnered with J.P. Morgan Payments to help insurance companies overcome data challenges with a more connected, streamlined infrastructure. Get the Full Story Complete the...

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Cyber Insurance Premiums Fall Despite Ransomware Wave
Cyber Insurance Premiums Fall Despite Ransomware Wave
July 01, 2024  |  Cybersecurity

Despite a recent wave of ransomware attacks, cyber insurance premiums are declining around the globe. Get the Full Story Complete the form to unlock this...

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

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...

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One Inc Partners With Zurich to Digitize Claims and Payouts
One Inc Partners With Zurich to Digitize Claims and Payouts
June 26, 2024  |  Disbursements

One Inc has teamed with insurer Zurich North America to help digitize claim payments. Get the Full Story Complete the form to unlock this article...

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Buy Insurance Through Banks? Gen Z Says Yes
Buy Insurance Through Banks? Gen Z Says Yes
June 17, 2024  |  Consumer Insights

Forty-four percent of U.S. consumers are interested in purchasing insurance products directly through their financial institutions (FIs), and this interest is especially strong among younger...

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Oscar Health Aims to More Than Double Membership by 2027
Oscar Health Aims to More Than Double Membership by 2027
June 07, 2024  |  Healthcare

Oscar Health reportedly aims to expand its presence in the employer market by providing more affordable health plans for small- and medium-sized businesses (SMBs). Get...

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FinTech IPO Index Ticks Down as Earnings Season Wraps Up
FinTech IPO Index Ticks Down as Earnings Season Wraps Up
June 07, 2024  |  Fintech Investments

The first week of June brought scant movement for the FinTech IPO Index overall, as the group moved 0.6% lower, and earnings continued to trickle...

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