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.

Digital Insurance Startup Clearcover Raises $200 Million
Digital Insurance Startup Clearcover Raises $200 Million
April 13, 2021  |  Investments

In a late-stage funding round, digital car insurance firm Clearcover has raised $200 million, Reuters reported. The round was headed up by Eldridge, the investment...

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Today In Payments: Grab To Go Public At $40 Billion Valuation; Apple Eyes Products For Connected Home Market
Today In Payments: Grab To Go Public At $40 Billion Valuation; Apple Eyes Products For...
April 13, 2021  |  News

In today’s top news, Grab is merging with Altimeter to go public, and Apple is developing a new product for the connected home market. Plus,...

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NEW DATA: Consumers Are Willing But Banks Miss Opportunity On Digital-First Life Insurance
NEW DATA: Consumers Are Willing But Banks Miss Opportunity On Digital-First Life Insurance
April 13, 2021  |  Insurance

The pandemic has prompted consumers of all ages to sharpen their focus on planning for their financial futures, including the unexpected. This has resulted in...

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Embedded Insurance Helps Merchants Avoid The ‘Protection Gap’
Embedded Insurance Helps Merchants Avoid The ‘Protection Gap’
April 07, 2021  |  Insurance

Whether they know it or not, consumers have been the beneficiaries of embedded insurance, a trend that’s moving beyond simple eCommerce payments and has recently...

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The Doctor Will See You Now: At Home
The Doctor Will See You Now: At Home
April 06, 2021  |  Healthcare

Thanks to rapidly advancing technology, our homes are becoming much more of a commerce command center than a simple living space. Companies like Roku and...

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Why 2021 Is All About Disbursements 3.0
Why 2021 Is All About Disbursements 3.0
March 24, 2021  |  Faster Payments

The original use case for instant payments had an anniversary last week. It was March 17, 2016 when Uber launched its beta version of Instant...

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Chubb Makes $23 Billion Offer For Insurance Rival Hartford
Chubb Makes $23 Billion Offer For Insurance Rival Hartford
March 19, 2021  |  Acquiring

The insurance company Chubb Ltd. has offered a $23.2 billion cash and stock deal to acquire its rival Hartford Financial Services Group Ltd., Reuters reported...

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Today In B2B: Mastercard Boosts Invoiced AR Tech; Amazon Business Prime Links With InsurTech
Today In B2B: Mastercard Boosts Invoiced AR Tech; Amazon Business Prime Links With InsurTech
March 18, 2021  |  B2B Payments

Today in B2B payments, Mastercard teams up with Invoiced to deepen the connection between accounts payable and accounts receivable, while Amazon Business Prime announces an...

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Lemonade Praises Product Diversity In Producing Earnings Beat
Lemonade Praises Product Diversity In Producing Earnings Beat
March 02, 2021  |  Earnings

Digital insurance player Lemonade reported better-than-expected results on Tuesday (Mar. 2), but failed to impress the market with its outlook on the coming year. The...

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