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.

Industry Insiders Agree: Insurance Is Going Digital
Industry Insiders Agree: Insurance Is Going Digital
January 26, 2023  |  Money Mobility

With customer satisfaction dropping and nearly one-third of policyholders switching providers in the past year, the insurance industry is under pressure. In this month’s “Money...

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Unifiedpost and Munich Re Partner on Invoice Financing in Europe
Unifiedpost and Munich Re Partner on Invoice Financing in Europe
January 25, 2023  |  B2B Payments

Unifiedpost and Munich Re have teamed up to provide invoice financing in Europe. The new strategic partnership will bring together Belgium-based Unifiedpost’s eInvoicing technology and...

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Insurers’ Biggest Risk Is Their Own Legacy Claims Process
Insurers’ Biggest Risk Is Their Own Legacy Claims Process
January 25, 2023  |  Money Mobility

A challenging economic landscape is putting pressure on the insurance industry. From companies providing automobile coverage to those offering home insurance, the industry is expected...

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Coverdash Launches Embedded Business Insurance Solutions 
Coverdash Launches Embedded Business Insurance Solutions 
January 23, 2023  |  Insurance

Coverdash has announced the launch of its insurance solutions and the closing of an oversubscribed seed round. The business-focused InsurTech said in a Monday (Jan....

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Digital Platforms Transform How Consumers Choose, Buy Life Insurance
Digital Platforms Transform How Consumers Choose, Buy Life Insurance
January 16, 2023  |  Insurance

The connected economy will refashion the middleman’s role across verticals, and life insurance is no exception. TransUnion noted in a research report that about 4...

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InsurTech Duck Creek Sold to Vista Equity for $2.6B
InsurTech Duck Creek Sold to Vista Equity for $2.6B
January 09, 2023  |  Acquisitions

Investment firm Vista Equity Partners is buying InsurTech Duck Creek Technologies for $2.6 billion. The companies announced the all-cash deal, which takes Duck Creek private,...

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InsurTech Superscript Bags $54.8M Series B
InsurTech Superscript Bags $54.8M Series B
January 09, 2023  |  Investments

London-based InsurTech Superscript has raised 45 million pounds in a Series B funding round. The company announced the round in a press release on Monday...

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Duck Creek to Buy Imburse to Expand Solutions for Insurers
Duck Creek to Buy Imburse to Expand Solutions for Insurers
January 05, 2023  |  Acquisitions

Duck Creek Technologies plans to acquire Imburse Payments to add digital transformation tools for insurers. The acquisition will add Imburse’s digital payments capabilities built for...

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Automation Helps Minimize Friction In Online Insurance Claims Process
Automation Helps Minimize Friction In Online Insurance Claims Process
December 23, 2022  |  Insurance

Automation can be the missing link to minimizing friction in the online insurance claims process. In fact, when it comes to making an insurance claim,...

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