Insurance Industry news and trends

Vitesse Raises $93 Million to Expand Platform for Insurance Industry
Insurance // May 21, 2024

Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

AI Solutions for P&C Insurance Industry Drive Growth at CCC
Earnings // April 30, 2024

The auto insurance claims and collision repair industries are increasingly adopting artificial intelligence (AI)-powered solutions to streamline their operations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Life Insurance Agents Go Digital to Connect With Young Buyers
Insurance // April 02, 2024

In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The insurance sector, once synonymous with stacks of paperwork and lengthy meetings with agents to get quotes, is no different.  Get...

PYMNTS Intelligence: Bridging the Insurance Industry’s Digital Generation Gap
Insurance // November 06, 2023

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Interviews & Exclusives
Use Cases Beyond Claims Moves Insurance Industry to Instant Payments

August 14, 2024
Supply and demand is the eternal balancing act in economics, and in payments, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

75% of Millennials Don’t Trust Themselves to Buy Insurance Online

November 02, 2023
Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60% plan to purchase one or...

77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments

October 12, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements

July 11, 2023
Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use of real-time payments for inbound...

Quick Reads
Vitesse Raises $93 Million to Expand Platform for Insurance Industry

May 21, 2024
Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

AI Solutions for P&C Insurance Industry Drive Growth at CCC

April 30, 2024
The auto insurance claims and collision repair industries are increasingly adopting artificial intelligence (AI)-powered solutions to streamline their operations. Get the Full Story Complete the form to unlock this article and...

AIG, IBM, Standard Chartered Bank Start First Multinational Blockchain Insurance Smart Contract

June 16, 2017
The insurance industry has now moved full force into the use of blockchain. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...