Insurers are creating wonderful new mobile apps with user-friendly design and a growing list of features — even though they know that people only use insurance apps intermittently.
The latests PYMNTS Provider Ranking of Insurance Apps is a who’s who of austere legacy brands and upstart InsurTechs, all bent on the same thing: underwriting risk with mobile efficiency.
Consumers are obviously noticing, as we see apps changing places like mad or just appearing out of nowhere to suddenly chart. All signs of a vibrant sector, so let’s go to the rankings.
The Top 5
State Farm rises one spot, snagging No. 2 and doing exciting things like working with the payments FinTech Fiserv Inc. to give customers faster payouts for car and fire claims.
Continuing its steady climb up the rankings is Jerry.ai: Car & Home Insurance, rising two more chart positions since last cycle to have No. 4 all to itself this month.
Also ascending two spots since last month is tangy Lemonade Insurance, entering the Top 5 at No. 5. Welcome to the penthouse. Can we get you a beverage? Orange juice perhaps (kidding).
The Top 10
Selected by EFXA