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InsurTech tag returned 505 results

  • Telematics data shows that 52% of accidents are caused by distracted driving

    Speaking at the Global Insurance Forum last week, Cambridge Mobile Telematics director of corporate and strategic development Mohsin Rashid said that the telematics data it has collected revealed interesting insights on driver behaviour and causes of motor accidents.

    AIRPlus | 26 Jun 2019
  • China: 20% of auto insurance claims reportedly fraudulent

    Fraud leakage in China's motor insurance sector is about 20%, according to the 2019 China Insurance Industry Intelligent Risk Control White Paper" jointly issued by the Insurance Institute of China and the FinTech SaaS provider OneConnect.

    Asia | 26 Jun 2019
  • Bahrain: UAE insurance comparison website firm gets online broking licence

    UAE-headquartered insurance comparison website Souqalmal.com has received an online insurance broking licence in Bahrain and is set to expand to the country.

    Middle East | 25 Jun 2019
  • Insurance for EMI protection

    ZestMoney, a consumer-lending technology company with 5m customers has partnered with InsurTech player Digit insurance to offer insurance protection for Equated Monthly Instalments (EMIs) on loans taken on its digital platform.

    AIRPlus | 25 Jun 2019
  • Lebanon: InsurTech startup BSynchro raises US$1m

    Beirut-based InsurTech startup BSynchro has raised $1m in fresh funds from existing local VCs Berytech (Fund II) and Phoenician Funds (I), the startup has announced.

    Middle East | 24 Jun 2019
  • Life insurance: Prepared for a digital future

    What's next for the life insurance industry? We got together industry experts from C-level executives, association heads to startup founders for a roundtable discussion organised in collaboration with 360F. There is much work to be done given the technological and societal changes. But life insurance agents continue to be as vital as ever, and the industry can face the future with confidence if it adapts to the new environment.

    Agents | 24 Jun 2019
  • Malaysia: Central bank to regulate insurance aggregation platforms

    Insurance and takaful aggregation business will be regulated by the Bank Negara Malaysia (BNM) as a new category of registered business under the Financial Services Act (FSA), the central bank said in a statement released last week.

    Asia | 24 Jun 2019
  • Collaborations for the betterment of humanity

    The recent US ban on Huawei products has generated wave after wave of negativity. Huawei 'phone owners are worried that the software on their 'phones will no longer be updated while businesses are worried about the potential fallout from such a drastic measure.

    AIRPlus | 20 Jun 2019
  • Blockchain simplifies life insurance claims process for bereaved families

    Singapore Press Holdings (SPH), NTUC Income (Income) and LumenLab, MetLife's Asia innovation centre, have collaborated to automate the life insurance claim process for grieving families through the application of blockchain technology, 'Lifechain'. These three companies saw an opportunity for automation after realising that the tasks of placing an obituary, finding out if the deceased has a life insurance policy and filing for a policy claim, require a lot of the same information about the deceased person.

    Asia | 19 Jun 2019
  • Grab aims to be Singapore's first virtual bank

    Based on insider knowledge, a report by Reuters said that ride-hailing firm Grab is exploring a move into banking in Singapore. This comes on the heels of the Monetary Authority of Singapore (MAS) mulling over the idea of allowing online-only banks.

    AIRPlus | 19 Jun 2019

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