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.

Claims Complexity Meets Digital Simplicity as Insurers Push for Instant Payments
Claims Complexity Meets Digital Simplicity as Insurers Push for Instant Payments
April 18, 2025  |  Insurance

The digital transformation of the insurance industry is a work in progress. Digitizing trillions of dollars in payments bumps up against the complexities of the...

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1Fort Raises $7.5 Million for AI-Powered Platform for Business Insurance
1Fort Raises $7.5 Million for AI-Powered Platform for Business Insurance
April 17, 2025  |  Insurance

InsurTech startup 1Fort has raised $7.5 million in a funding round to enhance the artificial intelligence (AI) capabilities of its platform for business insurance. The...

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UnitedHealth: Medicare Issues Fueled ‘Unusual and Unacceptable’ Earnings
UnitedHealth: Medicare Issues Fueled ‘Unusual and Unacceptable’ Earnings
April 17, 2025  |  Earnings

UnitedHealth Group is downgrading its 2025 revenue forecast because of issues with its Medicare business. Speaking during a conference call Thursday (April 17) discussing first-quarter...

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B2B Payment Firm Pliant Expands Into Insurance With Hi.health Acquisition
B2B Payment Firm Pliant Expands Into Insurance With Hi.health Acquisition
April 17, 2025  |  Acquisitions

European B2B payment solution provider Pliant said Wednesday (April 16) that it acquired Austrian InsurTech company hi.health to gain that company’s insurance-specific expertise and to...

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UnitedHealthcare Acknowledges ‘There Are Problems’ After CEO’s Murder
UnitedHealthcare Acknowledges ‘There Are Problems’ After CEO’s Murder
April 16, 2025  |  Healthcare

UnitedHealthcare is reportedly working to overhaul its customer service following the murder of its CEO. When Brian Thompson was shot and killed on the streets...

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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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