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.

Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
Cyberinsurance Firm Coalition Raises $250M at $5B Valuation
July 08, 2022  |  Investments

Cyberinsurance company Coalition closed a $250 million Series F funding round last month that has valued the provider at $5 billion, according to a Friday...

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Health Insurance Disruptor YuLife Raises $119M to Expand InsurTech
Health Insurance Disruptor YuLife Raises $119M to Expand InsurTech
July 07, 2022  |  Investments

London-based InsurTech startup YuLife has secured more than 117 million euros (about $119 million) in a Series C funding round to expand its global operations...

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B2B InsurTech Platform Pazcare Raises $8.2M for Expanded Insurance Products
B2B InsurTech Platform Pazcare Raises $8.2M for Expanded Insurance Products
June 17, 2022  |  Investments

Employee benefits and B2B InsurTech company Pazcare has announced it has raised $8.2 million in Series A funding round, The Economic Times reported. The company...

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Faster Payments Take Sole Proprietors From Survival to Success
Faster Payments Take Sole Proprietors From Survival to Success
June 15, 2022  |  Faster Payments

Consumers are struggling under growing economic burdens exacerbated by such problems as inflation rising more than 8% in the past year. As the digital transformation...

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Connected Car Data Incentivizes Safer Driving
Connected Car Data Incentivizes Safer Driving
June 08, 2022  |  Connected Economy

Data from connected cars and devices in cars can be used in many applications, but before it can be used in a meaningful way, it...

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Blockchain in Action: Taming Complexity, Costs in the Insurance Business
Blockchain in Action: Taming Complexity, Costs in the Insurance Business
June 06, 2022  |  Blockchain

Welcome to the sixth article in PYMNTS’ Blockchain in Action Series. Most people at least know that blockchain is the technology that Bitcoin and other...

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Insurance App Provider Ranking Features Same Names, Some Different Positions
Insurance App Provider Ranking Features Same Names, Some Different Positions
June 06, 2022  |  Insurance

It’s no accident that the Provider Ranking of Insurance Apps is released every month; PYMNTS aims to ensure that the scores and rankings earned by...

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Automakers Expand Into Connected Insurance, Fleet Management
Automakers Expand Into Connected Insurance, Fleet Management
May 20, 2022  |  Connected Economy

Usage-based insurance, built-in Google connectivity and fleet management solutions are some of the connected vehicle capabilities automakers have recently deployed or found that customers are...

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Amex Ventures Invests in InsurTech Firm Trellis
Amex Ventures Invests in InsurTech Firm Trellis
May 18, 2022  |  Investments

Trellis, which is working to change how businesses and consumers engage with insurance, has received an investment from Amex Ventures, according to a Wednesday (May...

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