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InsurTech tag returned 661 results

  • South Korea: Insurers to invest more in technology

    Insurance companies in South Korea have said that they plan to introduce new services, incorporating new technologies such as big data and artificial intelligence, in a bid to counter declining profits.

    Asia | 23 Jan 2020
  • India: Digit Insurance to raise $84m in latest funding round

    The Insurance Regulatory and Development Authority (IRDAI) has given approval for general insurance start-up Digit Insurance to raise $84m from three growth equity investors - namely A91 Partners, Faering Capital and TVS Capital.

    Asia | 22 Jan 2020
  • Singlife prepares for SEA expansion with new Deputy CEO

    Singlife has appointed Samantha Ghiotti as its Deputy Chief Executive Officer (CEO), effective immediately. The appointment comes as Founder and CEO, Walter de Oude strengthens Singlife's leadership team and prepares for expansion across key markets in Southeast Asia.

    Agents | 08 Jan 2020
  • Shanghai Insurance Exchange leads group to develop blockchain technology standards

    The Shanghai Insurance Exchange (SHI) has released a white paper focussing on developing standards for 11 insurance blockchain applications, including reinsurance, healthcare, risk control, asset management, and cross-border trade insurance.

    China | 10 Jan 2020
  • WeSure insures over 25m users in 2 years

    WeSure, the insurance platform of Chinese Internet giant which operates the popular social media app WeChat, has announced that it has a user base of more than 55m, and has insured over 25m users in the two years since its founding in November 2017. The average premium per person exceeds CNY1,000 ($144) and the renewal rate is 40%.

    China | 10 Jan 2020
  • Video: The pathway to digital ecosystems

    Firms in the insurance sector are increasingly adopting digital ecosystems to scale up rapidly. We spoke to ebaoTech, a global digital insurance solution provider, on their partnerships and the pathway to digital ecosystems at the Singapore FinTech Festival held in November 2019.

    AIRPlus | 09 Jan 2020
  • Poor data is costing specialty insurers millions, shares InsurTech

    The specialty insurance market has a long-standing data problem which is costing specialty market carriers millions.

    AIRPlus | 09 Jan 2020
  • Online insurer doubles registered capital as premium income soars

    Online-only insurer, Taikang Online Property Insurance, or TK.cn, has received regulatory approval for a capital increase that would double its registered capital from CNY2bn ($287m) to CNY4bn.

    China | 03 Jan 2020
  • Thailand: Regulator outlines insurance developments to be expected in 2020

    The insurance regulator, the Office of Insurance Commission (OIC), is optimistic about prospects for the insurance industry in 2020, saying health insurance, government-related insurance products and crop insurance will be growth drivers.

    Asia | 02 Jan 2020
  • Singapore: Grab and Singtel partner for digital banking licence application

    Grab Holdings Inc and Singtel are forming a consortium to apply for a digital full bank licence in Singapore. Grab will have a 60 percent stake in the consortium entity while Singtel will hold a 40 percent stake.

    Agents | 01 Jan 2020

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