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.

Thatch Raises $40 Million For Employee Health Coverage Offering
Thatch Raises $40 Million For Employee Health Coverage Offering
April 03, 2025  |  Investments

Health insurance startup Thatch has reportedly raised $40 million in Series B funding. That’s according to comments by company executives Thursday (April 3) to TechCrunch....

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Priority Debuts Tool to Help Small Businesses Offer Health Insurance
Priority Debuts Tool to Help Small Businesses Offer Health Insurance
March 27, 2025  |  SMBs

Priority Technology Holdings has a new tool to help businesses with their health coverage. The payments and banking solutions provider launched its Ambient business for...

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Tabit Insurance Announces $40 Million Bitcoin-Centric Funding
Tabit Insurance Announces $40 Million Bitcoin-Centric Funding
March 24, 2025  |  Investments

Tabit Insurance has announced the capitalization of its $40 million insurance facility. The fundraise, announced Monday (March 24), was provided entirely in bitcoin, which Tabit...

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Small Business Insurer Next Sold to ERGO for $2.6 Billion
Small Business Insurer Next Sold to ERGO for $2.6 Billion
March 23, 2025  |  Acquisitions

German insurance giant ERGO is expanding into the U.S. after acquiring Next Insurance. The $2.6 billion deal, announced in a news release Friday (March 21),...

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Edenred Debuts Virtual Card Solution for Insurance Payouts
Edenred Debuts Virtual Card Solution for Insurance Payouts
March 18, 2025  |  Disbursements

Edenred Payment Solutions has unveiled a tool to speed insurance claim payouts. The U.K. company’s virtual card number (VCN) product, announced Wednesday (March 19), is...

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New York Sues Allstate and National General Over Data Breaches
New York Sues Allstate and National General Over Data Breaches
March 10, 2025  |  Legal

Several insurance companies doing business as National General and Allstate are facing a lawsuit in which the New York State Attorney General alleges that they failed to protect...

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All-in-One Platforms Help Insurers Meet Customers Where They Want to Get Paid
All-in-One Platforms Help Insurers Meet Customers Where They Want to Get Paid
March 07, 2025  |  Insurance

Insurance is one of the most complex industries, marked by multiple touch points among several stakeholders — from carriers to customers, claims adjusters to contractors....

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AI Copilots Give Commercial Insurance a Long-Overdue Makeover
AI Copilots Give Commercial Insurance a Long-Overdue Makeover
March 06, 2025  |  Insurance

The commercial insurance industry, an economic linchpin valued in the hundreds of billions, has long been bogged down by antiquated, paper-based processes. While that should...

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NY Fines Car Insurers $20 Million Over Reporting Failures
NY Fines Car Insurers $20 Million Over Reporting Failures
February 24, 2025  |  Insurance

New York has closed a multi-year probe into car insurers’ failure to report timely information. That investigation, the New York State Department of Financial Services (NYDFS) said...

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