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.

Agile and ePayPolicy Team to Offer Insurance Financing
Agile and ePayPolicy Team to Offer Insurance Financing
May 14, 2024  |  Insurance

Agile Premium Finance and ePayPolicy have teamed to offer insurance industry clients checkout financing options. “With ePayPolicy’s latest feature release, Finance Connect, Agile now offers its customers convenient online...

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Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
Porch Group Sues China Construction Bank, Alleging Reinsurance Fraud
May 10, 2024  |  Legal

Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In its complaint, Porch alleged that the...

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InsurTech Firm Cover Genius Taps Adyen for Payments Processing
InsurTech Firm Cover Genius Taps Adyen for Payments Processing
May 09, 2024  |  Partnerships

InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims...

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Porch Reports Unique Data Improves Underwriting, Boosts Results
Porch Reports Unique Data Improves Underwriting, Boosts Results
May 08, 2024  |  Earnings

Porch Group has found that unique data provided by its home services software and partnerships has enhanced its underwriting of homeowners insurance and boosted its results....

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Oscar Health: Gig Workers Drive Record Jump in ‘Obamacare’ Enrollment
Oscar Health: Gig Workers Drive Record Jump in ‘Obamacare’ Enrollment
May 07, 2024  |  Gig Economy

Insurance platform Oscar Health recorded its first-ever net profit amid record customer enrollment in Affordable Care Act plans. During an earnings call Tuesday (May 7), CEO Mark Bertolini said that...

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Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
May 01, 2024  |  artificial intelligence

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a...

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Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
Insurance Sector Moves Digital-First to Support Shifts in Buyer Behavior
May 01, 2024  |  Insurance

The insurance industry, often perceived as lagging in innovation and adapting to consumer needs, is undergoing a notable transformation. Traditionally reliant on agents for product...

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OneShield and One Inc Partner on Insurance Industry Payment Solution
OneShield and One Inc Partner on Insurance Industry Payment Solution
April 25, 2024  |  Insurance

OneShield has partnered with One Inc to deliver a digital payment solution for the insurance industry. One Inc’s payment product integrations designed for the insurance industry will now be accessible through...

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AWS and AXA to Develop Global B2B Risk Management Platform
AWS and AXA to Develop Global B2B Risk Management Platform
April 04, 2024  |  Insurance

Amazon Web Services (AWS) and AXA are jointly developing a global business-to-business (B2B) risk management and prevention platform and associated software services. AXA, an insurance and asset...

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