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.

Insurance FinTech Marshmallow Lands $85M
Insurance FinTech Marshmallow Lands $85M
September 08, 2021  |  Investments

The insurance FinTech Marshmallow got some sweet news this week, as it reached a valuation of over $1.25 billion to become the U.K.’s newest tech...

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Car Insurance Platform Jerry Wants To Be Super App For All Auto-Related Costs
Car Insurance Platform Jerry Wants To Be Super App For All Auto-Related Costs
August 18, 2021  |  Insurance

Mobile apps like Uber and Airbnb have completely changed consumers’ expectations of the way services are delivered. Above all, people prize simplicity, convenience and affordability,...

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Ally Financial To Offer Home Insurance Through Hippo
Ally Financial To Offer Home Insurance Through Hippo
August 11, 2021  |  Insurance

Ally Financial will begin offering home insurance policies through a partnership with the insurance provider Hippo, the two companies announced Wednesday, August 11. Hippo will...

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Jerry AI Insurance App Valued At $450M After $75M Series C
Jerry AI Insurance App Valued At $450M After $75M Series C
August 10, 2021  |  Investments

Insurance app Jerry on Tuesday (Aug. 10) announced that it has completed a $75 million Series C funding round, pushing the company’s value to $450...

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Insurance Payments Network One Inc Appoints Drysdale As CEO
Insurance Payments Network One Inc Appoints Drysdale As CEO
August 10, 2021  |  Personnel

Insurance payments network One Inc appointed Ian Drysdale as its new chief executive officer while company Co-Founder Christopher Ewing stepped into a new role as...

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Slice Labs: Why Data-Driven Payments Infrastructure Is Key To Keeping Insurance Payouts Smooth
Slice Labs: Why Data-Driven Payments Infrastructure Is Key To Keeping Insurance Payouts Smooth
August 05, 2021  |  Digital Payments

The events of the past year have changed how consumers and businesses view payment delays, regardless of industry and transaction type. Policyholders are no longer...

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Insurance App Ranking: Titans And Upstarts Vie For Consumer Love
Insurance App Ranking: Titans And Upstarts Vie For Consumer Love
August 04, 2021  |  Insurance

As we recently reported, “the pandemic has changed consumers’ relationships with insurance products. Even though the data says people utilized insurance less — since those...

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Report: InsurTechs Use Automation, Rapid Claim Payments To Woo Customers
Report: InsurTechs Use Automation, Rapid Claim Payments To Woo Customers
August 04, 2021  |  Digital Payments

  Many companies have mused about the potential benefits of digitizing their business-to-business (B2B) payment operations, but the events of the past year made it...

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On-Demand Insurer Spot Raises $17.5M In Funding
On-Demand Insurer Spot Raises $17.5M In Funding
July 28, 2021  |  Investments

Spot, the InsurTech startup providing digital, on-demand injury insurance, on Wednesday (July 28) announced that it has landed $17.5 million in funding, including $15 million...

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