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.

InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
InsurTech Cover Genius Buys Clyde to Move Into Midsized eCommerce
March 15, 2023  |  Insurance

Cover Genius has purchased the warranty provider Clyde to deepen into midsized eCommerce market share. The InsurTech announced the acquisition Wednesday (March 15), saying it...

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FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
FinTech IPO Index Extends Earnings-Led Downdraft as Marqeta Sheds 24%  
March 03, 2023  |  Fintech Investments

Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...

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Lack of Instant Insurance Claims Payout Options Risks Customer Loyalty
Lack of Instant Insurance Claims Payout Options Risks Customer Loyalty
March 02, 2023  |  Insurance

Giving customers less payout options is an odd loyalty play for the insurance sector, yet that is the industry-wide strategy currently in play, as noted...

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Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
Vindicia Says Failed Payments Threaten Healthcare and Insurance Customer Experience
March 01, 2023  |  Opinion

The problem of failed transactions has yet to be fully addressed in industries such as healthcare, insurance and utilities, Vindicia Chief Strategy Officer Trace Galloway...

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CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
CyberSmart Raises £13M to Expand Cybersecurity Solutions for Small Businesses
February 24, 2023  |  Investments

CyberSmart has raised 12.75 million pounds (about $15 million) in a Series B round. The company — which provides cybersecurity solutions for small- to medium-sized...

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7 in 10 Retail, Finance and Insurance CFOs Say Digital Investments Are Paying Off
7 in 10 Retail, Finance and Insurance CFOs Say Digital Investments Are Paying Off
February 24, 2023  |  Digital Payments

Investments in digital systems for fraud prevention, working capital, and accounts receivable (AR) lead a long list of digital expenditures that are yielding benefits for...

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Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
Lemonade CEO Says Insurance Platform ‘Built for AI Since Day One’
February 23, 2023  |  Earnings

Lemonade says its first full year with all five insurance products in the market was a good one. This, as the full stack, artificial intelligence...

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What 500 CFOs Now Say Is Their 2023 Top Payments Priority
What 500 CFOs Now Say Is Their 2023 Top Payments Priority
February 22, 2023  |  Digital Payments

Businesses have dealt with unprecedented change in recent years and are preparing for what comes next. With the near-term economic outlook uncertain, many are reconsidering...

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InsurTech Naked Looks to New Markets After $17M Series B
InsurTech Naked Looks to New Markets After $17M Series B
February 15, 2023  |  Insurance

South Africa’s Naked has raised $17 million to tap into the world’s growing InsurTech market. The Series B funding, reported Wednesday by TechPoint, will help...

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