Payments

Keynova Group, a financial services intelligence firm specializing in benchmark insights, released its Q4 2021 semi-annual Insurance Scorecard, which ranks and compares the websites of the 12 largest U.S. auto and property insurance carriers.

B2B payments represent the last mile for insurance carriers — the final step that must be integrated and digitized to achieve the industry vision of straight-through processing (STP). And the likely starting point for STP is auto claims, which represent nearly half of all P&C claim volume.

In other news: Amerisure implements One Inc ClaimsPay tech; California drivers report distracted driving is getting worse; HSB adds social media income to home cyber protection.

In other news: Ethos adds board members, new executives; One Inc partners with Mastercard on insurance payments; and Notion, a Comcast company, works with Honey Insurance in Australia.

Continuity and speed are just two benefits of payment automation, says VPay's Elisa Logan.

New technological innovations, consumer behavior shifts, competition from fresh digital entrants, and regulatory reforms herald the payment environment of tomorrow. In addition, the current pandemic is pushing players to rethink their market fundamentals in an already transitioning industry. Join John Adams, Executive Editor of PaymentsSource and our special guest, Andrew Jamison a virtual card expert with twelve plus years at American Express and CEO & Co-Founder of Extend, in a discussion about the business strategy, management, and innovations in the post pandemic ecosystem and how it can serve the way the economy is headed.

New research finds that it's become harder than ever to acquire new customers — and equally challenging to engage newly acquired ones.

The pandemic has had a tremendous impact on the global and US economies, household incomes, and consumer spending. The world's most valuable financial services firm is ready to share insight around the global and US effects of COVID-19.

Our third monthly survey found almost six out of 10 employers report that their plans for the return to work are stymied by uncertainty — specifically, a lack of clarity on the right timing, and persistent questions about how to provide a safe environment for their employees.

Activity is picking up in the insurtech sector as coronavirus restrictions lift.

Many insurers report no changes to their plans, with some reshaping and a few accelerating, but very few pausing or retrenching.

Research from Digital Insurance's parent Arizent finds the pandemic has highlighted the importance of having a strong digital presence across all sectors, including insurance.

Like other businesses, hospitals have been forced to make instant emergency changes because of the coronavirus. But many hospitals are concurrently getting a rush of demand for service with an unclear revenue stream.

Business payments gateway Cashfree has established new features for its insurance, web aggregator and broker clients in India to streamline policy premium collection, claim settlement and payouts to agents and hospitals.

The future for insurance carriers looks bright when it comes to claims advancements this decade.

Consideration of whether each job can be done remotely is part of Payrailz's holistic approach to developing its workforce. Currently, about two-thirds of the staff works remotely.

Companies that scored highest in this year’s Best Fintechs to Work For (a ranking compiled by our parent company, Arizent) go beyond the basics of strong pay packages, generous benefits and effective leadership to take a more holistic interest in their employees’ lives, according to the data.

Blue Cross and Blue Shield of North Carolina is adding the mental health technology services of Quartet Health to its value-based care arsenal.

Humana is entering a partnership with platform and health data solutions provider Validic that will boost connectivity between members’ tech devices and the health plan.

Horizon Blue Cross Blue Shield of New Jersey plans to help members monitor diabetes with cell phones, under an agreement with Livongo, provider of a chronic condition management platform.