Life Insurance news and trends

New Report: Transaction Activity Offers Digital Banks New Channel For Insurance Sales
Insurance // June 16, 2021

The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market is complicated and fragmented, which can often make it difficult for consumers to obtain protection when and where the need...

Western Union, AXA Team On Life Insurance Pilot Program
Partnerships / Acquisitions // June 18, 2020

Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free one-month, 1,000-euro life and disability policies benefiting those recipients under a pilot program, according to a press release. The Transfer...

New Amex Card Rewards Users For Physical Activity
Loyalty & Rewards // November 22, 2019

American Express has teamed up with British life and health insurance company Vitality on a new credit card that offers cashback rewards for a healthy lifestyle, according to a release. Called the Vitality American Express Credit Card, it has no annual card fee. The card...

Bitcoin Daily: France Votes To Include Crypto In Insurance Contracts; VC Draper Could Team With...
Bitcoin // April 14, 2019

The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow for life insurance contracts investing in specialized professional funds (SPFs) to include blockchain-backed assets. “With...

Interviews & Exclusives
New Report: Transaction Activity Offers Digital Banks New Channel For Insurance Sales

June 16, 2021
The insurance market today offers a wide array of coverage options, from health and home insurance to pet policies. At the same time, the market is complicated and fragmented, which can often make it difficult for consumers to obtain protection when and where the need arises. PYMNTS’ latest research captures this complexity. Consumers get coverage […]

How Life Insurance Gets Reinvented

April 03, 2017
The consumer experience in the digital world is becoming increasingly disintermediated. For consumers, that is largely a win — pricing becomes more transparent, comparisons are easier to make and there are...

Quick Reads
Western Union, AXA Team On Life Insurance Pilot Program

June 18, 2020
Some residents of France who use Western Union online services to wire money to friends and family in certain African countries will be offered free one-month, 1,000-euro life and disability policies benefiting those recipients under a pilot program, according to a press release. The Transfer Protect service offered by Western Union and French insurer AXA […]

New Amex Card Rewards Users For Physical Activity

November 22, 2019
American Express has teamed up with British life and health insurance company Vitality on a new credit card that offers cashback rewards for a healthy lifestyle, according to a release....

Bitcoin Daily: France Votes To Include Crypto In Insurance Contracts; VC Draper Could Team With...

April 14, 2019
The National Assembly of France has voted to allow local insurance companies to include cryptocurrencies in life insurance contracts. Changes to the insurance code via the Pact Act now allow...

Online Insurer Fabric Launches In New York

May 24, 2017
Fabric, the life insurance company, announced Tuesday (May 23) that it has launched its service in New York. In a press release, the company said that with its service, parents...