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.

Sheltered Harbor Extends Data Security Solution to More Financial Businesses
Sheltered Harbor Extends Data Security Solution to More Financial Businesses
December 22, 2022  |  Cybersecurity

Sheltered Harbor is reportedly offering data security to more businesses. Previously limited to banks since its founding in 2015, Sheltered Harbor is now offering its...

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Insurance Companies Wary of Clients Tied to Crypto Exchange FTX
Insurance Companies Wary of Clients Tied to Crypto Exchange FTX
December 19, 2022  |  Cryptocurrency

Insurers have begun denying coverage to customers with exposure to collapsed crypto exchange FTX. This has left digital currency traders and exchanges without protection from...

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CFOs Seek Efficiencies in Costly and Complex Workers’ Compensation Plans
CFOs Seek Efficiencies in Costly and Complex Workers’ Compensation Plans
December 15, 2022  |  B2B Payments

As businesses look ahead with uncertainty, cost centers like workers’ compensation plans are under review. This, as CFOs are turning towards tech solutions that deliver...

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Open Banking Data Shakes Up European Insurance Market
Open Banking Data Shakes Up European Insurance Market
December 06, 2022  |  Insurance

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...

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Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
November 28, 2022  |  Amazon

The insurance industry is one of the most mature and competitive markets globally, but it’s one often associated with legacy infrastructure, time-consuming paperwork and complex...

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Cover Genius Raises $70M to Expand Embedded Insurance Offerings
Cover Genius Raises $70M to Expand Embedded Insurance Offerings
November 01, 2022  |  Investments

Insurance technology firm Cover Genius says it will expand its embedded insurance model following a $70 million Series D funding round. According to a Tuesday...

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Progressive Tops PYMNTS’ Latest Insurance Provider Ranking
Progressive Tops PYMNTS’ Latest Insurance Provider Ranking
October 25, 2022  |  Insurance

In the latest edition of PYMNTS’ Provider Ranking of Insurance apps, there are 10 strong apps in the top 10 that have fluctuated up and...

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Amazon Insurance Store Launches in UK Offering Home Property Coverage
Amazon Insurance Store Launches in UK Offering Home Property Coverage
October 19, 2022  |  Amazon

Amazon is now offering an online store for home property insurance in the U.K. designed to streamline the shopping and decision-making process with a simplified...

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Insurance Industry Takes Lead in Embedded Finance Adoption
Insurance Industry Takes Lead in Embedded Finance Adoption
October 18, 2022  |  B2B Payments

Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Thirty-six percent...

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