European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to apply its own payment expertise to the insurance sector. Hi.health will continue to operate independently, while using Pliant’s infrastructure to...
Latin American InsurTech Olé Life has raised $13 million with the help of PayPal Ventures. The Series B funding, announced Thursday (Jan. 16), will allow Olé to boost its growth across Latin America by establishing local operations in key markets and introducing new products beyond...
Insurance payments platform ePayPolicy has added a quoting and invoicing tool. Designed for insurance companies and their customers, the new Quotes and Invoices leads insured payers from quote, to invoice, to online payment, the company said in a Wednesday (Jan. 15) press release. “When done...
Insurance industry payments network One Inc has launched a partnership with U.S. Bank. The collaboration, announced Thursday (Nov. 21), integrates U.S. Bank’s money movement and banking capabilities with One Inc’s ClaimsPay and PremiumPay solutions for property and casualty (P&C) and life insurers. “In the future, the...
August 05, 2024
In the connected economy, there are simple business models (think subscriptions), complex business models (think platforms like Uber), and then there’s insurance. The insurance sector is so large and complicated that it’s hard to get a read on how big it is. Some estimates put it at $12 trillion cutting across health ($1.3 trillion), property […]
February 29, 2024
In many ways, the insurance industry helped hone the algorithms behind artificial intelligence technology. From actuarial science, Bayesian statistics and generalized linear models, to cloud computing, telematics and advanced machine...
May 25, 2023
The last of the earnings reports are trickling in across the FinTech IPO Index, with more decliners than gainers, which in turn helped send the index down 2.4% for the...
December 06, 2022
Insurers are increasingly turning to open banking to personalize coverage, increase access and streamline applications. In the latest example of the trend, U.K. open banking provider Yapily recently announced that...
April 17, 2025
InsurTech startup 1Fort has raised $7.5 million in a funding round to enhance the artificial intelligence (AI) capabilities of its platform for business insurance. The company’s platform is designed to empower insurance brokers by automating processes that are traditionally manual and time-consuming, 1Fort said in a Thursday (April 17) press release. “This investment will allow […]
April 17, 2025
European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to apply its own payment expertise...
January 16, 2025
Latin American InsurTech Olé Life has raised $13 million with the help of PayPal Ventures. The Series B funding, announced Thursday (Jan. 16), will allow Olé to boost its growth...
January 15, 2025
Insurance payments platform ePayPolicy has added a quoting and invoicing tool. Designed for insurance companies and their customers, the new Quotes and Invoices leads insured payers from quote, to invoice,...
