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InsurTech tag returned 967 results

  • Healthcare mutual aid platform Xiang Hu Bao reported nearly 106m subscribers last year

    Ant Group's online mutual aid platform Xiang Hu Bao attracted 105.59m members last year and extended financial help to 68,600 subscribers, according to data released by the platform.

    China | 05 Mar 2021
  • Insurers expected to continue reliance on third-party platforms

    Third-party platforms will remain the core source of business for the online operations of insurers, says Fitch Ratings in a new report.

    China | 05 Mar 2021
  • Online life insurance business grows by 13.6% in 2020

    Online life insurance business maintained steady growth in 2020, with a total of CNY211.08bn ($32.6bn) in premiums, a year-on-year increase of 13.6% compared to 2019, according to data released by the Insurance Association of China (IAC) that are based on 2020 Internet life insurance business information submitted by life insurance companies with online operations. The pace of growth was almost double the 6.9% increase in premiums produced by life insurers from all channels.

    China | 05 Mar 2021
  • Pioneering cyber insurance: Munich Re partners with Google Cloud and Allianz

    Munich Re, Google Cloud and Allianz have announced a joint partnership towards pioneering cyber insurance, a first-of-its kind collaboration between a major cloud provider and leading cyber insurance companies. .

    Agents | 04 Mar 2021
  • Asean: InsurTechs secure millions in funding

    Symbo Platform Holdings, a Singapore-based InsurTech platform, has completed a $9.4m funding round led by CreditEase FinTech Investment Fund. The round also saw significant participation from San Francisco-based investment firm Think Investments along with follow-on investment from existing investors Integra Partners, Insignia Ventures and AJ Capital.

    Asia | 05 Mar 2021
  • New cryptocurrency InsurTech platform

    Three specialist firms in the insurance industry will create a secure InsurTech platform that will support cryptocurrency investors in insuring crypto risk.

    AIRPlus | 04 Mar 2021
  • India: Insight-driven innovation to drive insurance industry growth

    The COVID-19 pandemic has brought back the focus on innovative insurance solutions in the Indian market and companies are today scaling up their digital initiatives and increasingly using AI and automation to drive business and serve their customers, said speakers during a webinar organised last week by the National Insurance Academy (NIA) in association with Swiss Re.

    Asia | 02 Mar 2021
  • China: Insurers increase use of digital platforms for insurance transactions

    Technological innovation and e-commerce's rising popularity will reshape Chinese insurers' landscape and market structure, says Fitch Ratings.

    Asia | 02 Mar 2021
  • Kenya: Motor insurers to issue digital insurance policies only wef 1 March

    The Association of Kenya Insurers (AKI) has announced that the issuance of hardcopy motor insurance certificates will be terminated wef today.

    Africa | 01 Mar 2021
  • India: Digitalisation and customer behaviourial change shift insurance industry

    The rapid adoption of digitalisation in insurance and the changing customer behaviour along with the influx of new technologies have led to key shifts in the insurance industry in terms of product innovation, the emergence of ecosystems and data, and technology-driven innovations across the value chain, says a report of the international consultancy firm Boston Consulting Group and India InsurTech Association.

    Asia | 01 Mar 2021

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