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.

Cover Genius Lands Funds To Expand Corporate Insurance Offerings
Cover Genius Lands Funds To Expand Corporate Insurance Offerings
October 14, 2020  |  Investments

Six-year-old insurance technology firm Cover Genius has reportedly raised A$15 million ($10.7 million USD) in capital, including funds from King River Capital and Leap Capital,...

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Today In Retail News: Black Friday Could Have Shades Of Gray; Taco Bell Goes Into eGifting
Today In Retail News: Black Friday Could Have Shades Of Gray; Taco Bell Goes Into...
October 07, 2020  |  Retail

In today’s top retail stores, Black Friday is likely to look very different this year, Taco Bell is launching an eGifting service and Walmart is...

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Walmart’s New Insurance Brokerage To Sell Medicare Plans
Walmart’s New Insurance Brokerage To Sell Medicare Plans
October 07, 2020  |  Retail

As it expands upon its efforts to provide health services, Walmart is rolling out licensed insurance brokerage Walmart Insurance Services, LLC. The entity will start...

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Petco Offers Pet Owners New Subscription Option
Petco Offers Pet Owners New Subscription Option
October 05, 2020  |  Retail

The pandemic has triggered various shifts in the digital-first economy, and Petco has just notched another one. The company last week announced a cross between...

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Lack Of Trade Credit Insurance Hampers US Supply Chains
Lack Of Trade Credit Insurance Hampers US Supply Chains
September 22, 2020  |  B2B Payments

In another barrier to the American economy’s stop-and-start recovery, insurance administrators, customers and brokers say that trade credit insurance has been significantly reduced for U.S....

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Today In Digital-First Banking: Next Insurance Aims To Raise $250M In Funding; FLEETCOR Agrees To Purchase AFEX
Today In Digital-First Banking: Next Insurance Aims To Raise $250M In Funding; FLEETCOR Agrees To...
September 21, 2020  |  News

In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25 billion, and...

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Ford Teams Up With Pay-Per-Mile Insurer Metromile
Ford Teams Up With Pay-Per-Mile Insurer Metromile
September 03, 2020  |  Partnerships / Acquisitions

Ford Motor Co. has teamed up with Metromile, an insurer that offers pay-by-the-mile insurance plans geared toward drivers who spend relatively little time behind the...

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Preventing Payroll, Insurance Pains From Killing The Movie Magic
Preventing Payroll, Insurance Pains From Killing The Movie Magic
August 31, 2020  |  B2B Payments

After months of total shutdown, the entertainment industry is slowly grinding its gears again, with some added challenges to protect talent and crew from COVID-19....

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Alphabet’s Verily, Reinsurer Swiss Re Target Self-Insured Firms With New Venture
Alphabet’s Verily, Reinsurer Swiss Re Target Self-Insured Firms With New Venture
August 25, 2020  |  Healthcare

Verily, an Alphabet company, is creating a new subsidiary, Coefficient Insurance Co., that will be backed by reinsurer Swiss Re Group, according to a Tuesday...

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