Businesses rely on a variety of insurance plans, ranging from workers compensation that pays for medical care should employees get injured on the job to auto insurance protecting company vehicles. Firms that have dutifully paid their premiums each month expect their insurance coverage to be...
Property and casualty (P&C) is a massive insurance segment that includes auto, home, renters and powersports, among other subcategories. It represented $1.6 trillion in premiums for 2018, according to one recent report, a notable portion of the wider industry’s approximately $5 trillion in revenue that...
Businesses are all too often left waiting for checks from their insurance companies to arrive in the mail after filing claims for property or equipment damage. In the latest Digitizing B2B Payments Tracker, Michael Kelly, senior vice president of finance at P&C firm Tokio Marine...
The new coronavirus has led many businesses and consumers to seek out ways they can receive payments more quickly, but for some, this is only the latest development in a longer curve toward payment innovation. The financial and insurance industries, for example, have both been...
June 22, 2020
The new coronavirus has led many businesses and consumers to seek out ways they can receive payments more quickly, but for some, this is only the latest development in a longer curve toward payment innovation. The financial and insurance industries, for example, have both been attempting to revamp their payments processes for a number of […]
