The CBIRC has issued a notice to standardise and strengthen the management of Internet insurance sales behaviour and protect the interests of consumers who buy their insurance policies online.
Insurers will need to change how they support agents to help them become more resilient in the face of the COVID-19 pandemic and prepare to thrive in the next normal, according to an article posted on the website of the global consulting firm McKinsey.
China Pacific Insurance Company (CPIC) is planning over the next two to three years to expand its usage of voice analytics and emotion detection solution for risk assessment and fraud detection in additional insurance types and business units.
Insurance-comparison platform GoBear has partnered with cloud-banking platform Mambu and digital credit-scorecard provider CredoLab to spread its lending business across Asia, according to Mambu in a statement on Monday.
Bima Mandi, an InsurTech launched in India, will focus exclusively on rural markets and make available specific products catering to this segment of the population.
Great Eastern has announced a strategic investment of US$70 million in Axiata Digital's financial services (DFS) business, via a newly created holding company wholly owned by Axiata Digital, the digital services arm of Axiata Group Berhad.
Meiji Yasuda Life Insurance has decided to start selling insurance products online, starting in April 2021, reportedly the first time a major life insurer in Japan will do so.
Great Eastern has announced a strategic investment of $70m in Axiata Digital's financial services (DFS) business, via a newly created holding company wholly owned by Axiata Digital, the digital services arm of Axiata Group Berhad.
A FinTech panel headed by the economic affairs secretary is looking at applying financial technology in the areas of insurance, cooperatives and agriculture.
The Thai insurance regulator, the Office of Insurance Commission (OIC) plans to launch its "Insurance Guru" website for people to search and compare insurance plans before buying insurance online.