Helping policyholders navigate a complex healthcare system and matching them with the appropriate care is a value-add that health insurers can offer, given the fragmented nature of healthcare systems and rising costs.
The Seoul metropolitan government has announced the first step of its five-year plan to reduce the number of stray animals in the city, by subsidising the insurance premiums for stray dogs adopted from shelters. This subsidy will be regardless of the adopted pet's age, breed or medical history.
Buoyed by the success of its campaign in 2018, Tata AIG, a private non-life player in India has launched its popular travel insurance campaign 2.0, which celebrates the spirit of the great Indian traveller.
The health insurance industry is seeing a shift from homogenous policies sold through personalised distribution channels to personalised policies sold through homogenous channels, said DocDoc co-founder and president Grace Park. Ms Park was speaking at the 14th Asia Conference on Healthcare and Health Insurance last week.
Technology company Synagie has launched Kiasu.me, a new on-demand lifestyle insurance mobile app.
The International Committee for Insurance Medicine (ICLAM) congress was last held in Asia in Tokyo in 1986 and returns to the continent after a gap of 32 years to Mumbai in November 2019.
In today's era when lots of candidates' profiles are easily accessible through platforms such as LinkedIn and Glassdoor, we can get connected to a ton of potential candidates. The key to success is how to attract them.
InsurTech is catching up in emerging markets in Asia, where a string of InsurTech start-ups have cropped up in countries ranging from Pakistan and Thailand to the giant markets of China and India.
Munich Re saw a significant jump in its profit from EUR392m ($446m) in 2017 to EUR2.28bn in 2018, with its reinsurance business contributing EUR1.86bn and ERGO business posting a profit of EUR412m.
Welcome to what's new in the market. It's a weekly update where we fill you in with new products, new trends and reports within the insurance industry!