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.

Open Banking Data Shakes Up European Insurance Market
Open Banking Data Shakes Up European Insurance Market
December 06, 2022  |  Insurance

Insurers are increasingly turning to open banking to personalize coverage, increase access and streamline applications. In the latest example of the trend, U.K. open banking...

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Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
Amazon Aims to Simplify UK Home Insurance Shopping via Marketplace
November 28, 2022  |  Amazon

The insurance industry is one of the most mature and competitive markets globally, but it’s one often associated with legacy infrastructure, time-consuming paperwork and complex...

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Cover Genius Raises $70M to Expand Embedded Insurance Offerings
Cover Genius Raises $70M to Expand Embedded Insurance Offerings
November 01, 2022  |  Investments

Insurance technology firm Cover Genius says it will expand its embedded insurance model following a $70 million Series D funding round. According to a Tuesday...

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Progressive Tops PYMNTS’ Latest Insurance Provider Ranking
Progressive Tops PYMNTS’ Latest Insurance Provider Ranking
October 25, 2022  |  Insurance

In the latest edition of PYMNTS’ Provider Ranking of Insurance apps, there are 10 strong apps in the top 10 that have fluctuated up and...

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Amazon Insurance Store Launches in UK Offering Home Property Coverage
Amazon Insurance Store Launches in UK Offering Home Property Coverage
October 19, 2022  |  Amazon

Amazon is now offering an online store for home property insurance in the U.K. designed to streamline the shopping and decision-making process with a simplified...

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Insurance Industry Takes Lead in Embedded Finance Adoption
Insurance Industry Takes Lead in Embedded Finance Adoption
October 18, 2022  |  B2B Payments

Insurance companies are leading the pack in terms of implementing new embedded finance solutions that can benefit themselves, their industry and their customers. Thirty-six percent...

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EMEA Daily: PayU-BillDesk Deal Collapses at Last Minute; Italian Court Cancels $169M Fine Against Apple, Amazon
EMEA Daily: PayU-BillDesk Deal Collapses at Last Minute; Italian Court Cancels $169M Fine Against Apple,...
October 03, 2022  |  emea

Today in Europe, the Middle East and Africa, the Dutch technology firm Prosus announced that it has cancelled a planned takeover that would have seen...

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Applied Systems Launches Digital Payments Hub for Insurance Agencies
Applied Systems Launches Digital Payments Hub for Insurance Agencies
October 03, 2022  |  Digital Payments

Cloud-based software provider Applied Systems has launched a digital payments solution that integrates with its management systems for insurance agencies — Applied Epic and EZLynx...

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Lemonade Launches AI-Powered Contents Insurance in UK
Lemonade Launches AI-Powered Contents Insurance in UK
October 03, 2022  |  Artificial Intelligence

Artificial intelligence (AI)-powered insurance company Lemonade has launched in the United Kingdom and now offers contents insurance to residents across the U.K. Lemonade now operates...

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