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 Sector Moves Digital-First to Support Shifts in Buyer Behavior
Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
May 01, 2024  |  Insurance

The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product...

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OneShield and One Inc Partner on Insurance Industry Payment Solution
OneShield and One Inc Partner on Insurance Industry Payment Solution
April 25, 2024  |  Insurance

OneShield has partnered with One Inc to deliver a digital payment solution for the insurance industry. One Inc’s payment product integrations designed for the insurance industry will now be accessible through...

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AWS and AXA to Develop Global B2B Risk Management Platform
AWS and AXA to Develop Global B2B Risk Management Platform
April 04, 2024  |  Insurance

Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset...

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Life Insurance Agents Go Digital to Connect With Young Buyers
Life Insurance Agents Go Digital to Connect With Young Buyers
April 02, 2024  |  Insurance

In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The...

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Rakuten Could Combine Bank and FinTech Operations
Rakuten Could Combine Bank and FinTech Operations
April 01, 2024  |  Banking

Japanese conglomerate Rakuten is considering merging its financial operations into one unit. The plan, announced Monday (April 1), would consolidate the company’s bank, insurance, securities,...

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PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
PayPal Ventures Backs $47 Million Fundraise for InsurTech Qoala
March 27, 2024  |  Investments

InsurTech Qoala has raised $47 million in a funding round led by PayPal Ventures and MassMutual Ventures.  The Series C round, announced Wednesday (March 27), will let the Malaysia-based Qoala expand its...

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GM Ends OnStar Data Sharing Following Public Protest
GM Ends OnStar Data Sharing Following Public Protest
March 24, 2024  |  Data

Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no...

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Privacy Vs. Convenience: Connected Car Data Sharing Draws Debate 
Privacy Vs. Convenience: Connected Car Data Sharing Draws Debate 
March 19, 2024  |  Transportation

Findings from a recent New York Times report have brought to light a concerning reality for drivers: their every trip detail, from speeding to sudden braking, is meticulously...

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Bottomline Makes Legal Bill Review Service Available for More Platforms
Bottomline Makes Legal Bill Review Service Available for More Platforms
March 19, 2024  |  B2B Payments

Bottomline expanded the availability of its legal bill review service for property and casualty (P&C) insurance carriers and corporate legal organizations. The service is now available to organizations...

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