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.

Insurance Needs to Be as Digital as the Millennials and Gen Zs It Wants as Customers
Insurance Needs to Be as Digital as the Millennials and Gen Zs It Wants as...
September 17, 2024  |  Insurance

In an era where digital transformation is reshaping industries across the board, the insurance sector is no exception. One of the companies with a stake...

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Could Generational Change Be The Next Wild Card For Financial Services?
Could Generational Change Be The Next Wild Card For Financial Services?
September 11, 2024  |  Opinion

Cultivating a culture of adaptability positions firms to thrive despite economic wild cards, Franklin Madison Chief Financial Officer Preston Porter writes in a new PYMNTS...

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Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
Rise In Huge Settlements Helps Insurance Industry Ditch Paper for Digital
September 11, 2024  |  Insurance

Where there’s smoke, there’s usually fire. And across the business landscape, where there’s paper, there tends to be countless inefficiencies, higher costs — and even...

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French Startup Neat Raises $55 Million for Embedded Insurance Offering
French Startup Neat Raises $55 Million for Embedded Insurance Offering
September 10, 2024  |  Investments

French embedded insurance startup Neat has raised 50 million euros (about $55 million). This total includes about 60% in equity and 40% in debt, TechCrunch reported...

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Onfleet and Fairmatic Team on Reduced Fleet Insurance Rates
Onfleet and Fairmatic Team on Reduced Fleet Insurance Rates
September 04, 2024  |  Delivery

Last-mile delivery management firm Onfleet has integrated with fleet insurance firm Fairmatic. “Businesses that take advantage of the integration will develop a better understanding of...

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The Farm to Finance Revolution: How AI Is Transforming Agriculture
The Farm to Finance Revolution: How AI Is Transforming Agriculture
August 28, 2024  |  Artificial Intelligence

Technology has long had a profound impact on farming practices. With the advent of artificial intelligence, the growing intersection of AgTech, finance and robotics is...

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Can Banks Crack the Insurance Code? Customers Are Ready
Can Banks Crack the Insurance Code? Customers Are Ready
August 27, 2024  |  Insurance

PYMNTS Intelligence’s data makes it clear enthusiasm for financial institutions (FIs) as insurance providers is growing. In fact, three-quarters of consumers who have already purchased...

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Cyber Insurers Escape Impact of CrowdStrike Outage
Cyber Insurers Escape Impact of CrowdStrike Outage
August 13, 2024  |  Insurance

Last month’s worldwide tech outage disrupted organizations from airlines to banks to hospitals. However, one sector that seems to have escaped the impact of the...

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Personalized Digital Campaigns Drew 600,000 Members to Oscar Health
Personalized Digital Campaigns Drew 600,000 Members to Oscar Health
August 07, 2024  |  Earnings

The U.S. healthcare system is a thorny, complex and at times highly inefficient ecosystem. Against this backdrop, new disruptive healthcare technologies and platforms are stepping...

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