At the Singapore FinTech Festival last month, we talked to Irish InsurTech ClaimVantage CEO Leo Corcoran on why insurers need to be more proactive about the claims process and how his firm sees opportunities in Asia.
Ai Hua was an account executive with two young kids when she decided to become a financial consultant. Leaving a stable corporate job was not easy, considering she has two kids to raise. Yet, she took a leap of faith and joined the insurance industry.
In the latest release of amendments for the Income Tax Act by the Ministry of Finance, Singapore, a new section is added in the principal Act concerning insurance agents earning commissions not exceeding $50,000.
AIG has announced the appointment of Alex Todd as Asia Pacific head of commercial property.
The International Group of P&I clubs (IG) chairman Paul Jennings, speaking at its inaugural VIP briefing in Singapore yesterday, noted that the choice of Singapore as the launch pad for the event was a testament to "the importance of Asia to the future of protection and indemnity (P&I)."
Bermuda-based Catalina has reached an in-principle agreement to acquire Singapore-headquartered reinsurer Asia Capital Re (ACR). The acquisition is expected to close in the first half of 2020, subject to regulatory and all other approvals.
The International Group of P&I Clubs held its inaugural VIP briefing in Singapore today under the theme of 'collectively stronger'.
FWD Group, the insurance arm of Hong Kong-headquartered Pacific Century Group, will be closing its employee benefits business in Singapore by December 2020 according to comments from a FWD spokesperson to local publication The Business Times. This means that the insurer will stop pitching for new contracts for that business and will also not renew existing contracts once they expire.
NOVI Health (NOVI), a Singapore-based medical and digital health provider, with a focus on preventing and reversing chronic lifestyle-related diseases, has collaborated with Great Eastern. The collaboration brings its holistic services to enhance the insurer's existing portfolio of health solutions.
At the Singapore FinTech Festival, we talked to Hong Kong-based InsurTech CoverGo about their choice to create a plug-n-play API framework for insurers all over Asia.