insurance industry

Vitesse Raises $93 Million to Expand Platform for Insurance Industry
Vitesse Raises $93 Million to Expand Platform for Insurance Industry
May 21, 2024  |  Insurance

Vitesse has completed a $93 million Series C funding round aimed at growing its treasury and payment solutions for the insurance industry. The company will use...

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AI Solutions for P&C Insurance Industry Drive Growth at CCC
AI Solutions for P&C Insurance Industry Drive Growth at CCC
April 30, 2024  |  Earnings

The auto insurance claims and collision repair industries are increasingly adopting artificial intelligence (AI)-powered solutions to streamline their operations. Eleven percent year-over-year growth in the first...

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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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PYMNTS Intelligence: Bridging the Insurance Industry’s Digital Generation Gap
PYMNTS Intelligence: Bridging the Insurance Industry’s Digital Generation Gap
November 06, 2023  |  Insurance

The generation gap does not make headlines as much as it used to, but one way in which it has unquestionably widened in recent years...

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Raising the Bar on Digital Experience for a New Generation of Policyholders
Raising the Bar on Digital Experience for a New Generation of Policyholders
November 03, 2023  |  Insurance

PYMNTS Intelligence interviews Ian Drysdale, CEO of insurance industry digital payments network One Inc, on how the industry is accepting the challenge of meeting Gen...

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75% of Millennials Don’t Trust Themselves to Buy Insurance Online
75% of Millennials Don’t Trust Themselves to Buy Insurance Online
November 02, 2023  |  Insurance

Generation Z and millennials have different insurance needs from their elders, yet they are already a market force to be reckoned with. More than 60%...

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77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
77% of Real Estate Companies Plan to Adopt Real-Time B2B Payments
October 12, 2023  |  Real-Time Payments

Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations....

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FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
FinTech Partnerships Surge as Insurance Firms Adopt Real-Time Disbursements
July 11, 2023  |  Real-Time Payments

Insurance firms are increasingly embracing real-time payments for business-to-business (B2B) transactions, viewing them as essential to success. More than two-thirds plan to increase the use...

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Lemonade CFO On The Insurance Industry’s ‘Innovator’s Dilemma’
Lemonade CFO On The Insurance Industry’s ‘Innovator’s Dilemma’
July 27, 2020  |  Innovation

The insurance industry has been bogged down by sluggish service and even slower payouts for decades, and while policyholders have certainly weathered their fair share...

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