Life insurance in the US is seen by many as too complicated to understand, but with the pandemic putting ill health in the spotlight, Americans are finally getting around to applying for a policy. Could this be the moment that the digital-first life insurer Bestow has been waiting for?

Buy Now, Pay Later fintech pioneers are seeing a huge success with Aussie Gen Yers and Zers, edging out traditional bank offerings. As consumers – especially young people – take an economic hit due to the pandemic, financial brands have the chance to innovate to match new economic realities.

Americans are driving 50% less on average as a result of COVID-19, but that doesn’t mean the cost of their insurance premiums has been cut in half. Root Insurance uses data analysis to provide individualized car insurance premiums based on driving styles, rather than credit scores.

Gig-economy workers and the self-employed face unique financial difficulties, from building a credit score to finding flexible insurance. But how are a growing number of financial technology solutions – delivered by big banks and challengers alike – serving the needs of a growing demographic?