Nasdaq-listed Fanhua, a leading independent technology-driven financial services provider in China, has signed a strategic cooperation agreement with Baidu AI Cloud to jointly develop "Du Xiaobao", an AI-Powered insurance sales assistant application for the agency channel.
AIA Cambodia recently kicked-off the second edition of their AIA Children's Day football tournament by expanding the well-received and inclusive event to 40 teams.
The value of revenues earned worldwide by MGA, MGU and cover-holder groups (a.k.a. delegated underwriting authority / underwriting agency groups) was around $23.9bn in 2023, according to an analysis by Insuramore.
Shriram Life Insurance has declared a bonus of INR2.01 billion (US$24 million), up 35% from INR1.49 billion year-on-year (YoY) on the back of robust growth in premium income.
Chubb has entered into a definitive agreement to acquire Catalyst Aviation Insurance, a Melbourne-based managing general agent that specialises in general aviation insurance for the Australia market.
Bajaj Allianz Life has unveiled a compelling campaign aimed at addressing the fundamental issue of underinsurance.
The National Insurance Commission (NAICOM) has said that there is a need to increase the number of agents in the country to boost insurance penetration.
Capital providers seeking to align with underwriting agencies have identified six "pillars" they want agencies to have developed or be able to build.
Sun Life Assurance Company of Canada Singapore Branch (Sun Life Singapore), in collaboration with global sport for social change foundation, Beyond Sport, is leveraging basketball and education to foster healthier communities in Singapore.
Arka Fincap has been granted a Certificate of Registration to act as a corporate agent (composite) by the IRDAI, allowing it to venture into insurance distribution.