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InsurTech tag returned 1419 results

  • 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
  • Online used car marketplace invests in InsurTech

    An online marketplace for used cars, Carro, is investing in technology to improve insurance distribution and claims processes for customers and insurers in Southeast Asia. Carro inked an investment and joint venture agreement with Singapore-headquartered ZA Tech. The agreement will allow the online marketplace to fill in gaps in the automotive industry through generative AI tools such as ChatGPT.

    AIRPlus | 02 Mar 2023
  • Scope for insurers and InsurTechs to grow together

    The Indian insurance industry has a lot of scope for collaborative and mutually beneficial partnership between traditional insurers and InsurTechs.

    AIRPlus | 02 Mar 2023

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