Insurance

Insurance
Progressive Holds Top Spot In the Provider Rankings of Insurance Apps
May 04, 2023

Got the right insurance? There are at least 10 apps (more than 10, actually) that can help you with that, and they can all be found here in the PYMNTS Provider Rankings of Insurance Apps. We’re seeing some movement in this latest ranking, so let’s check...

Insurance
TempusDirect and CCC Intelligent Solutions Integrate Third-Party Casualty Solutions
May 04, 2023

TempusDirect and CCC Intelligent Solutions are now working together on third-party casualty solutions. With TempusDirect’s repricing services integrated into CCC’s cloud platform for the property and casualty (P&C) insurance economy, insurers can better review, adjust and negotiate third-party medical bills, the companies said in a...

Insurance
ePayPolicy Debuts Payables Reconciliation Automation Tool for Insurance Industry
April 05, 2023

ePayPolicy has added a payables reconciliation automation tool to its insurance payment and reconciliation products suite. The new Payables Connect leverages the company’s existing integrations and machine learning (ML) technology to automate the reconciliation, creation and payment of due payables, ePayPolicy said in a Wednesday (April 5) press...

Insurance
Provider Ranking of Insurance Apps Shakes It Up With New Names and Numbers
March 17, 2023

Keep those policies current. That’s all we have to say. Except for everything we’re about to say. Welcome to PYMNTS Provider Ranking of Insurance Apps. We’re thrilled you could be here, so let’s join the ranking already in progress. The Top 5 If it’s 2023, the Progressive leads...

Insurance
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
March 15, 2023

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it aligned with its growth strategy, which also includes its recent purchase of refund protection company Booking Protect. “Data shows that...

Insurance
Lack of Instant Insurance Claims Payout Options Risks Customer Loyalty
March 02, 2023

Giving customers less payout options is an odd loyalty play for the insurance sector, yet that is the industry-wide strategy currently in play, as noted in the PYMNTS collaboration with Ingo Money, “Insurance Disbursements Brief 2022.” This shift away from offering customers more innovative disbursement...

Insurance
OpenEyes Raises $18M for Commercial Auto Insurance Solution
February 15, 2023

InsurTech OpenEyes has emerged from stealth with an $18 million Series A round. This brings to $23 million the amount the firm has raised for its commercial auto insurance solution for fleets, OpenEyes said in a Tuesday (Feb. 14) press release. The firm said in...

Insurance
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help the company enter new markets, invest in new technology and expand its team. Alex Thomson, Naked’s co-founder, said the investment...

Insurance
BNP Paribas Cardif and Lemonade Partner on Digital Renters’ Insurance
February 14, 2023

BNP Paribas Cardif and Lemonade have teamed up to offer digital renters’ insurance in France. The partnership brings together BNP Paribas Cardif’s experience and brand recognition in the French market and Lemonade’s fully digital rental insurance, the companies said in a Tuesday (Feb. 14) press...