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.

Insurers Uneasy About Covering Corporate AI Risks

Insurers Uneasy About Covering Corporate AI Risks
Insurers Uneasy About Covering Corporate AI Risks
November 23, 2025  |  artificial intelligence

Some of the world’s biggest insurers want to exclude artificial intelligence (AI) risks from corporate policies. Get the Full Story Complete the form to unlock this...

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Allstate Adds Scam Protection to Workplace Benefit Offerings
Allstate Adds Scam Protection to Workplace Benefit Offerings
November 20, 2025  |  Security & Fraud

Allstate launched a new workplace benefit that reimburses employees who fall victim to cybercrime. Get the Full Story Complete the form to unlock this article...

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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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