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.

Slow Claims Payouts Push Insurance Policyholders to Switch Carriers

Slow Claims Payouts Push Insurance Policyholders to Switch Carriers
Slow Claims Payouts Push Insurance Policyholders to Switch Carriers
November 17, 2025  |  Insurance

Insurance once sold peace of mind. Today, peace of mind arrives in milliseconds—or not at all. When policyholders file a claim, they are not benchmarking...

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UK Cyber Insurance Payouts Jump 230% Amid Surge in Attacks
UK Cyber Insurance Payouts Jump 230% Amid Surge in Attacks
November 10, 2025  |  Cybersecurity

Cyber insurance insurers in the United Kingdom paid 197 million pounds (about $259 million) in claims from businesses last year. Get the Full Story Complete...

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Guidewire to Integrate One Inc’s Digital Payments Solution for Insurers in Canada
Guidewire to Integrate One Inc’s Digital Payments Solution for Insurers in Canada
October 27, 2025  |  Digital Payments

Canadian property and casualty insurers using the Guidewire platform will be able to add One Inc’s embedded digital payments solution, ClaimsPay, next year. Get the...

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Hospital Group Says UnitedHealth AI System Reduces Claims Denials
Hospital Group Says UnitedHealth AI System Reduces Claims Denials
October 21, 2025  |  Healthcare

An artificial intelligence system from UnitedHealth Group has reportedly sped up prior authorization requests and reduced medical claims denials “meaningfully” during testing at Minneapolis-based hospital...

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Nationwide and Safeco Rise in PYMNTS App Provider Rankings
Nationwide and Safeco Rise in PYMNTS App Provider Rankings
October 13, 2025  |  Mobile Applications

With the all-important holiday selling season coming up, it might be time for consumers to review their recurring debts. One of them is insurance payments,...

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FurtherAI Raises $25 Million for AI Workspace for Insurance
FurtherAI Raises $25 Million for AI Workspace for Insurance
October 08, 2025  |  artificial intelligence

FurtherAI raised $25 million in a Series A funding round to expand the capabilities and the adoption of its artificial intelligence workspace purpose-built for the...

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Payments Define the Moment of Truth in Insurance Claims
Payments Define the Moment of Truth in Insurance Claims
October 02, 2025  |  Insurance

Watch more: Need to Know Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Klear.ai and Carepay Team for Streamlined Insurance Claims Disbursements
Klear.ai and Carepay Team for Streamlined Insurance Claims Disbursements
August 21, 2025  |  Partnerships

Policy, claims, risk and analytics platform Klear.ai is teaming with payment automation provider Carepay. Get the Full Story Complete the form to unlock this article...

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Amwell, Oscar, Lemonade Battle to Keep Digital Edge as Healthcare Modernizes
Amwell, Oscar, Lemonade Battle to Keep Digital Edge as Healthcare Modernizes
August 08, 2025  |  Healthcare

At the midpoint of 2025, the digital transformation of healthcare and insurance has moved fully from experimental to expected. Get the Full Story Complete the...

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