iassure, an InsurTech start-up is employing local residents from rural and semi urban communities to deliver insurance products through a digitally enabled platform.
The Moroccan Federation of Insurance and Reinsurance Companies (FMSAR) is involved in several projects to promote digital technology as a strategic lever for economic transformation and social inclusion.
Online transactions through the Internet and the use of mobile applications need a new legislative framework to keep pace with the rapid digital development, says insurance expect Mohamed El-Morsy.
Startup InsurTech platform company Waterdrop is preparing for an initial public offering as soon as this year, seeking a valuation of about $4bn, reported Bloomberg quoting people familiar with the matter.
Messaging app WhatsApp India is set to launch pilot schemes in insurance, micro-pension and lending in partnership with domestic service providers.
The Indian Express Group, a media group, has entered the insurance web aggregation space by acquiring a 100% stake in MyInsuranceClub.
Amazon Pay, which allows online payments on and off Amazon.in has marked its foray in the insurance space by offering two and four-wheeler insurance policies, in partnership with InsurTech company, Acko General Insurance.
Chinese insurance giant, China Pacific Insurance (CPIC) plans to set up a FinTech company for CNY700m ($100m), as technology turns into the next battlefield in the insurance industry.
Chinese mobile payment giant Alipay's insurance platform is using noseprint recognition technology in its newly launched pet insurance service.
Artificial intelligence-based car insurance services are scheduled to be introduced next year so that post-accident handling can be expedited.