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.

FDIC’s Warning to Voyager Spotlights Broader Concerns about Insuring Crypto

FDIC’s Warning to Voyager Spotlights Broader Concerns about Insuring Crypto
FDIC’s Warning to Voyager Spotlights Broader Concerns about Insuring Crypto
July 29, 2022  |  Cryptocurrency

The Federal Deposit Insurance Corporation (FDIC) just issued bankrupt crypto lender Voyager Digital a stern warning to stop “making false or misleading representations” implying that...

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Harford Mutual Insurance Group Chooses One Inc’s ClaimsPay for Streamlined Reimbursement
Harford Mutual Insurance Group Chooses One Inc’s ClaimsPay for Streamlined Reimbursement
July 21, 2022  |  Insurance

Harford Mutual Insurance Group tapped digital payments network One Inc’s ClaimsPay to process claims payments and synchronize the company’s workflow, according to a joint press...

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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  |  Real-Time Payments

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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. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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