Waterdrop, a Chinese independent third-party insurance platform company focussing on terms of life and health insurance, which has applied for an initial public offering on the New York Stock Exchange, reveals in its prospectus filed with the US Securities and Exchange Commission, that insurance brokerage income accounted for nearly 90% of its total net operating revenue.
China-headquartered Leapstack, an AI-enabled InsurTech company specialising in healthcare, has announced a strategic plan to ink strategic partnerships with multiple Korean insurance companies as the company advances into the South Korean market.
Micro Insurance Company (MIC) - described as "the first global end-to-end digital insurance platform" - is partnering with TanManagement Insurance Brokers to grow digital insurance in Tanzania.
The city of Fukuyama is engaged in a sandbox project to study the ability of wearables to detect early symptoms of COVID-19, in partnership with global InsurTech provider ReMark.
Sehteq, Dubai-based health InsurTech start-up, has announced that Dr Hazem Al Madi has joined company as a managing partner.
The COVID-19 pandemic has pushed health and wellbeing to the forefront of consumers' concerns and there is an urgent need for cost-effective healthcare backed by insurance, said speakers on the opening day yesterday of the Virtual Asia Conference on Healthcare and Health Insurance.
Life insurance policies in Taiwan will gradually become paperless, according to the director-general of the Insurance Bureau of the Financial Supervisory Commission (FSC), Ms Shih Chiung-Hwa.
ZA Tech Global has opened its first Asia Fintech Centre (AFC), which will specialise in solving specific use-cases in insurance and financial services in collaboration with industry partners, according to an announcement by the firm.
The future of the traditional insurance players is playing out on the mobile, according to Mr Aurelien Duval-Delort, founder of Bizao, a mobile payment services operator in Africa.
Four start-ups have been selected under the second edition of the InsurTech accelerator programme 'Max Life Innovation Labs 2.0'.