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.

One Raises $20 Million From AXA Strategic Ventures, MassMutual Ventures
One Raises $20 Million From AXA Strategic Ventures, MassMutual Ventures
December 19, 2016  |  Investments

One Inc., the cloud platform for insurance, raised $20 million in venture capital funding from AXA Strategic Ventures, the VC arm of AXA, and MassMutual Ventures,...

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Zenefits Ordered To Charge Wash. State Clients
Zenefits Ordered To Charge Wash. State Clients
December 02, 2016  |  Regulation

Zenefits, the cloud-based, free online HR software provider, has just been dealt another blow by regulators — this time directly to their business model. Zenefits’...

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Swipe Right For Coverage With Trov, Insurance Startup
Swipe Right For Coverage With Trov, Insurance Startup
November 23, 2016  |  Mobile Applications

Insurance has been around forever and hasn’t been an industry that is being driven by technology, up until now, thanks to Trov, a new company...

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Insurance On Chinese Buyouts Of US Firms Gains Ground
Insurance On Chinese Buyouts Of US Firms Gains Ground
November 14, 2016  |  Partnerships / Acquisitions

In an age where international commerce and trade deals may be under a regulatory microscope as never before, Reuters reported that a number of insurers...

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Facebook Won’t Let Admiral Insurance Base Policies On Posts
Facebook Won’t Let Admiral Insurance Base Policies On Posts
November 03, 2016  |  Social Commerce

Facebook has reportedly ruled out launching a new car insurance policy from Admiral Insurance of the U.K. that would analyze a customer’s posts on Facebook...

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AXA And Alibaba Team Up To Hawk Insurance Products, Peace Of Mind
AXA And Alibaba Team Up To Hawk Insurance Products, Peace Of Mind
August 01, 2016  |  Partnerships / Acquisitions

AXA, the global insurance company, Alibaba, the eCommerce giant, and its Ant Financial Services unit are teaming up to distribute AXA’s insurance products and services...

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Insurance Firms Wade Into Alternative Finance
Insurance Firms Wade Into Alternative Finance
July 29, 2016  |  B2B Payments

Alternative lenders and marketplace finance companies emerged to fill in gaps left by traditional banks when it comes to financing and loans, but according to...

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Insuring B2B Payments, Internationally
Insuring B2B Payments, Internationally
June 01, 2016  |  International

Align Commerce has obtained insurance to protect its SMB clients when sending payments across borders and across supply chains. CEO Marwan Forzley explains why a...

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