InsurTech

US Bank and One Inc Team to Accelerate Instant Insurance Payments
US Bank and One Inc Team to Accelerate Instant Insurance Payments
November 21, 2024  |  Partnerships

Insurance industry payments network One Inc has launched a partnership with U.S. Bank. The collaboration, announced Thursday (Nov. 21), integrates U.S. Bank’s money movement and banking...

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Competitive Data Builds Competitive Moats for InsurTech Porch
Competitive Data Builds Competitive Moats for InsurTech Porch
August 06, 2024  |  Insurance

The insurance industry, long perceived as a slow-moving behemoth, is experiencing a seismic shift thanks to the emergence of InsurTech companies. These tech-driven firms are...

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One Inc CEO Says Insurance Market Is Ripe for Embedded Payments
One Inc CEO Says Insurance Market Is Ripe for Embedded Payments
August 05, 2024  |  Insurance

In the connected economy, there are simple business models (think subscriptions), complex business models (think platforms like Uber), and then there’s insurance. The insurance sector...

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Cover Genius Raises $80 Million to Grow Embedded Protection Offering
Cover Genius Raises $80 Million to Grow Embedded Protection Offering
May 15, 2024  |  Investments

InsurTech Cover Genius has raised $80 million in Series E funding to grow its embedded protection offering. The company will use the fresh capital to...

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InsurTech Firm Cover Genius Taps Adyen for Payments Processing
InsurTech Firm Cover Genius Taps Adyen for Payments Processing
May 09, 2024  |  Partnerships

InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims...

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Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
May 01, 2024  |  artificial intelligence

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a...

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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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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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Porch Group Earnings Show Resilience for InsurTech Category
Porch Group Earnings Show Resilience for InsurTech Category
March 07, 2024  |  Insurance

InsureTech companies are showing financial resiliency. After a February that featured 40 funding deals in the category, Porch Group, a leader in the homeowners insurance...

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