PYMNTS-MonitorEdge-May-2024

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.

Car Apps Add Vehicle Financing to Acquire, Retain Customers
Car Apps Add Vehicle Financing to Acquire, Retain Customers
December 06, 2021  |  Consumer Payments

It’s been a turbulent 18 months for car owners. Since March 2020, there have been huge swings in the number of miles driven, rapid inflation...

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Top Competitors Hold Their Spots in Monthly Provider Ranking of Insurance Apps 
Top Competitors Hold Their Spots in Monthly Provider Ranking of Insurance Apps 
November 29, 2021  |  Insurance

Insurance providers are all about managing risk. In this month’s edition of the PYMNTS Provider Rankings of Insurance Apps, the leaders are managing risk by sitting right where they...

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Insurtech Firm Lemonade Acquires Metromile, Pet Business ‘Outperforms Expectations’ in Q3
Insurtech Firm Lemonade Acquires Metromile, Pet Business ‘Outperforms Expectations’ in Q3
November 09, 2021  |  Insurance

After the recent launch of Lemonade car insurance, AI-powered insurance company Lemonade has announced its first-ever acquisition, purchasing the online insurance platform and pay-per-mile vehicle...

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Lemonade Launches Car Insurance Platform in Illinois
Lemonade Launches Car Insurance Platform in Illinois
November 03, 2021  |  Insurance

Artificial intelligence (AI)-powered insurance company Lemonade on Wednesday (Nov. 3) launched Lemonade Car, an initiative rooted in social good that brings a tech-first approach to...

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CaxiaBank, bsurance Offer Embedded Life Insurance
CaxiaBank, bsurance Offer Embedded Life Insurance
October 29, 2021  |  Insurance

Spain’s CaixaBank has joined forces with the InsurTech platform bsurance to create and test new embedded life insurance offerings. The company announced the partnership on...

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47% of Consumers Buy Protection Plans When Durable Goods Cost More Than $500
47% of Consumers Buy Protection Plans When Durable Goods Cost More Than $500
October 29, 2021  |  Insurance

With the rise of eCommerce, frustrating situations like cracked phones, damaged furniture and broken equipment are far too common for consumers, leading them to demand...

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Deep Dive: How Taking Stock of Their Long-Term Care Options Can Help Consumers Prepare for Retirement and Beyond
Deep Dive: How Taking Stock of Their Long-Term Care Options Can Help Consumers Prepare for...
October 28, 2021  |  Digital Payments

Advances in science have enabled consumers to live longer on average than previous generations, leaving many aging adults worried about outliving their savings. The U.S. Department of Health and...

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Toyota, Lexus App Walks Drivers Through Post-Collision Process
Toyota, Lexus App Walks Drivers Through Post-Collision Process
October 25, 2021  |  Mobile Applications

Toyota and Lexus drivers now have access to an app that will walk them through what to do if they get in a collision. After...

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Tesla Starts Rollout of Auto Insurance Based on Driving Practices
Tesla Starts Rollout of Auto Insurance Based on Driving Practices
October 21, 2021  |  Insurance

Tesla owners will be able to opt-in to a new program in which the automaker remotely monitors their driving practices and shares the data to...

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