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InsurTech tag returned 1421 results

  • Saudi Arabia: Motor insurers to upload details of auto policies immediately on completion of sale

    The Saudi Central Bank (SAMA) has said that it is mandatory for all insurance companies to upload vehicle insurance policies of all types (Corporate/individuals), to their computer system, so that the uploading process is synchronised with the completion of the policyholder's purchase of the policy.

    Middle East | 27 Mar 2023
  • eBaoTech: The future of InsurTech

    InsurTech has seen significant growth and development over recent years. InsurTechs have introduced various new technologies which have streamlined the insurance process, from underwriting and claims handling to customer service and product offerings. While some experts believe that the industry has peaked and may not have much more room for growth, others argue that the market is still expanding with opportunities for innovation. eBaoTech Corporation founding CEO Woody Mo shared his thoughts with us.

    China CEO | 27 Mar 2023
  • ZhongAn posts losses in 2022, hit by weak investment gains

    ZhongAn Online P&C Insurance, China's first Internet-based insurance company, fell back into red ink in 2022, reporting a net loss attributable to owners of the parent company of CNY1.36bn ($199m).

    China | 24 Mar 2023
  • Waterdrop swings back to profits in 2022 on heavy cost cutting

    New York-listed Waterdrop, one of China's largest listed insurance intermediaries with a technology platform dedicated to insurance and healthcare services, swung its financial performance to black ink in 2022 through heavy cost cutting.

    China | 24 Mar 2023
  • Morocco: OnePay start-up launches self-service insurance terminals

    FinTech start-up, OnePay, has developed self-service digital terminals, focused on insurance services in Morocco and Africa.

    Middle East | 19 Mar 2023
  • India: 95% of employers fall short of providing comprehensive insurance coverage to staff

    Less than 5% of Indian employers provide comprehensive insurance and benefits - including group medical cover, personal accident cover, term life and telehealth - to employees, according to a study by Plum, an employee health insurance platform.

    Asia | 17 Mar 2023
  • Singapore: GIA expands partnership with Shift on travel insurance

    Shift Technology, a provider of AI-driven decision automation and optimisation solutions for the global insurance industry, has announced that The General Insurance Association of Singapore (GIA) will extend its use of Shift Claims Fraud Detection on behalf of its member insurers.

    Asia | 17 Mar 2023
  • Bangladesh's insurance market on digitisation track

    The country's insurance sector is undertaking a digital transformation, with the Insurance Development and Regulatory Authority (IDRA) planning to bring all private companies under one umbrella through automation or InsurTech.

    Asia | 16 Mar 2023
  • Morocco: Insurance regulator establishes Innovation & Insurtech unit

    The Insurance and Social Welfare Supervisory Authority (ACAPS) has set up a unit whose objectives are to promote innovation and develop the Insurtech ecosystem with a view to improving the experience customer and promote insurance inclusion.

    Africa | 06 Mar 2023
  • Tomorrow Group's insurers meet different fates

    The CBIRC has given the green light for the establishment of a new insurer, named Ruizhong Life Insurance, which will take over the operations of life insurer, Hua Insurance (also known by its pinyin-ised name of Huaxia).

    China | 03 Mar 2023

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