Insurance

Insurance
Digitization Makes Insurance Coverage More Accessible to Small Businesses
February 15, 2022

Small businesses that find it difficult to find affordable insurance with traditional carriers may find new options with digital-first carriers that operate with different assumptions and new processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Insurance
Insurtech Lemonade Expands Pet Coverage to Massachusetts
February 08, 2022

Lemonade has expanded its pet insurance offering to customers in Massachusetts, marking the 37th state where the InsurTech covers dogs and cats. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Insurance
Revolut Enters European InsurTech Space With the Launch of Pet Insurance
February 02, 2022

As they seek to gain a competitive advantage over other players in the field, digital banks are expanding their product offerings with insurance and boosting revenues with payment protection in areas such as phones and travel. Get the Full Story Complete the form to unlock...

Insurance
Tesla Aims to Expand Telematics Auto Insurance Nationwide
January 27, 2022

Tesla auto insurance is now available in five states, and the company plans to continue its rollout nationwide, company executives said Thursday (Jan. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Insurance
Telematics Put Auto Insurers in the Premiums Driver’s Seat
January 21, 2022

When the pandemic hit and consumers suddenly found that their cars were sitting in their driveways, many wondered why they were still paying for auto insurance based on the number of miles they had expected to drive. Get the Full Story Complete the form to...

Insurance
AI Helps Auto Insurers Deliver Better, Faster Claims Management, Payments Experience
January 19, 2022

Auto insurers’ process of inspecting cars and assessing the damage has evolved from having a person drive out to physically inspect the car, to having a person look at photos of the car to having an artificial intelligence (AI) solution evaluate the photos. Get the...

Insurance
Demand for Faster Payouts Drives Digitization in Europe’s Insurance Space
January 17, 2022

In the past two years, the pandemic-induced digital shift has forced payment providers and other organizations to improve their payout processes, especially as consumers seek increasingly faster payouts and streamlined digital experiences. Get the Full Story Complete the form to unlock this article and enjoy...

Insurance
Study: Pet Owners Spend as Much as $55K on Their Animals
January 11, 2022

Seven out of 10 pet parents think of their pets as family members, although almost half have underestimated the lifetime cost of care, according to a Synchrony report released Tuesday (Jan. 11). Get the Full Story Complete the form to unlock this article and enjoy...

Insurance
Insurity Offers Property, Casualty Insurers Free, Cloud-Based Real Time Disbursements
January 06, 2022

Insurity, a cloud-based software provider for insurance carriers, brokers and managing general agents (MGAs), will provide free digital payments for property and casualty insurance (P&C) carriers through Dec. 31, according to a Thursday (Jan. 6) press release. Get the Full Story Complete the form to...