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.

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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What 500 CFOs Now Say Is Their 2023 Top Payments Priority
What 500 CFOs Now Say Is Their 2023 Top Payments Priority
February 22, 2023  |  Digital Payments

Businesses have dealt with unprecedented change in recent years and are preparing for what comes next. With the near-term economic outlook uncertain, many are reconsidering...

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InsurTech Naked Looks to New Markets After $17M Series B
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023  |  Insurance

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help...

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Twenty-Three Percent of Consumers Want Instant Insurance Claims Payouts
Twenty-Three Percent of Consumers Want Instant Insurance Claims Payouts
February 15, 2023  |  Real-Time Payments

Instant payments are finding firm footing as way to get insurance claims paid out quickly. In the Insurance Disbursements Brief 2022, a PYMNTS and Ingo...

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BNP Paribas Cardif and Lemonade Partner on Digital Renters’ Insurance
BNP Paribas Cardif and Lemonade Partner on Digital Renters’ Insurance
February 14, 2023  |  Insurance

BNP Paribas Cardif and Lemonade have teamed up to offer digital renters’ insurance in France. The partnership brings together BNP Paribas Cardif’s experience and brand...

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Paper Checks Still Prevalent for Consumers’ Health Insurance Claim Payouts
Paper Checks Still Prevalent for Consumers’ Health Insurance Claim Payouts
February 13, 2023  |  Healthcare

As costs climb, it may finally be time for health insurance companies to grow out of legacy paper check systems. In our ever-increasingly connected digital...

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Bunq and Companjon Team to Offer Users Embedded Insurance
Bunq and Companjon Team to Offer Users Embedded Insurance
February 07, 2023  |  Partnerships

Neobank Bunq has tapped Irish InsurTech startup Companjon to provide its users with embedded insurance. Through the partnership, Bunq Easy Green customers will automatically be...

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