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.

State Farm Enlists Fiserv For Faster Claims Payouts
State Farm Enlists Fiserv For Faster Claims Payouts
May 11, 2021  |  Real-Time Payments

Insurance giant State Farm is working with the payments fintech Fiserv Inc. to give customers faster payouts for car and fire claims. The company announced...

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Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
Insurance AI Provider Shift Secures $220 Million In Funding For Fraud Detection
May 06, 2021  |  Investments

Shift Technologies, which provides artificial intelligence (AI)-powered decision automation and optimization solutions for insurance companies, has closed a Series D funding round of $220 million....

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The Real Reason Banks Miss Out On Millennial Insurance Sales
The Real Reason Banks Miss Out On Millennial Insurance Sales
May 05, 2021  |  Banking

Talk about low-hanging fruit. Banks have an untapped sales opportunity right in front of them — one that leverages what they do best, with a...

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CCC Debuts Enterprise Payments For Insurance Companies
CCC Debuts Enterprise Payments For Insurance Companies
May 04, 2021  |  B2B Payments

Software-as-a-service (SaaS) provider CCC Information Services has announced plans to roll out an enterprise payments platform to help with electronic payments in the fields of...

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Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
Insurance Apps And Actuarial Musings On Display In New PYMNTS Provider Ranking
April 26, 2021  |  Mobile

Are you adequately covered? Insurance-wise, that is? Can’t be too careful, with pandemics, happenstance and driverless vehicles to protect oneself from, financially at least. The...

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ConnectedEconomy™ 2021: Forward Rethinks The Spirit And Intent Of Healthcare
ConnectedEconomy™ 2021: Forward Rethinks The Spirit And Intent Of Healthcare
April 26, 2021  |  Economy

There is perhaps no other sector in which the ConnectedEconomy™ can bring more benefits than in healthcare. The ability to integrate patient records across providers,...

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The Week In Payments: Checkout Options, Crypto’s Roller Coaster and InsurTech’s Cooperative Future
The Week In Payments: Checkout Options, Crypto’s Roller Coaster and InsurTech’s Cooperative Future
April 23, 2021  |  News

The digital future is an exciting place, but often a confusing and at times slightly overwhelming one. We are all suffering from a version of...

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TransUnion On Insurers Leveraging Behavioral Analytics To Improve Security And Conversion Rates
TransUnion On Insurers Leveraging Behavioral Analytics To Improve Security And Conversion Rates
April 21, 2021  |  Authentication

Insurance providers must confront the formidable task of combating fraud without causing undue friction to offer smooth and secure customer transactions. In the Monetizing Digital...

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India’s Life Insurance Corp Partners With Paytm To Facilitate Digital Payments
India’s Life Insurance Corp Partners With Paytm To Facilitate Digital Payments
April 19, 2021  |  Digital Payments

The Indian government’s Life Insurance Corporation of India (LIC) has chosen local payments startup Paytm out of 17 competitors to facilitate digital payments for the...

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