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.

Smart Digital Payments Bring Consumer-Like Experience to Auto Repairs and Insurance Claims Payouts
Smart Digital Payments Bring Consumer-Like Experience to Auto Repairs and Insurance Claims Payouts
February 15, 2024  |  Insurance

Michael Boeke, VP of Payment Product Management Enterprise at CCC Intelligent Solutions, told PYMNTS that the trillion-dollar property and casualty economy needs to continue its...

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TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
TruShield Insurance and Visa Team on Cybersecurity for Small Businesses
February 13, 2024  |  Security & Fraud

Small business insurance provider TruShield Insurance is collaborating with Visa to give eligible businesses protection against cybersecurity threats.   “Not having adequate protection against cyberattacks could leave business owners at...

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The Auto Lending Ecosystem Streamlines Refunds and Cancellations With Automated Compliance
The Auto Lending Ecosystem Streamlines Refunds and Cancellations With Automated Compliance
February 07, 2024  |  Acquisitions

In all industries, what happens after the sale can be as critical as the initial transactions themselves. That includes the automotive industry, where cancellations and...

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Progressive Stays on Top in Latest Provider Ranking of Insurance Apps
Progressive Stays on Top in Latest Provider Ranking of Insurance Apps
January 30, 2024  |  Mobile Applications

Everyone needs insurance, whether its for your car, your home or your personal possessions. There are myriad companies offering this service, alongside apps to enable...

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InsurTech 2.0 Brings AI and Customization to Small Business Insurance, Foxquilt Says
InsurTech 2.0 Brings AI and Customization to Small Business Insurance, Foxquilt Says
January 25, 2024  |  Artificial Intelligence

In the connected economy, InsurTech sprouted as a relatively new category that removed some of the friction between consumers and various types of coverage, from...

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Cloud Platform CCC Debuts Data Security Tool for Car Repair Shops
Cloud Platform CCC Debuts Data Security Tool for Car Repair Shops
January 16, 2024  |  Security & Fraud

Insurance industry cloud platform CCC Intelligence Solutions debuted a new data security tool for collision repair shops. The new feature lets auto repairers redact the...

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Lemonade Co-CEOs to Resume Previous Positions, Seeking Clarity of Structure
Lemonade Co-CEOs to Resume Previous Positions, Seeking Clarity of Structure
December 20, 2023  |  Personnel

The co-CEOs of digital insurance company Lemonade will return to their previously held positions on Jan. 1. Shai Wininger will return to the position of president, while Daniel Schreiber will...

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Gen Z and Millennial Consumers Want Mobile Channels to Help Build ‘Trust’ in Their Insurers
Gen Z and Millennial Consumers Want Mobile Channels to Help Build ‘Trust’ in Their Insurers
December 13, 2023  |  Insurance

“Insurance is a personal and custom purchase,” Melissa Hurd, vice president and general manager of the National Client Group, Everyday Spend at American Express, told PYMNTS. “It’s...

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FinTechs Grapple With Regulation Amid Pursuit of Profits
FinTechs Grapple With Regulation Amid Pursuit of Profits
December 05, 2023  |  Data

For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have...

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