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InsurTech tag returned 1391 results

  • South Africa: Old Mutual to go digital with CoverGo in 13 markets across the continent

    Old Mutual, one of the largest pan-African financial services groups, and CoverGo, the global no-code insurance SaaS platform for P&C, health, and life, have formed a strategic partnership through Old Mutual's investment in CoverGo's $15m Series A in 2022.

    Africa | 30 Jan 2023
  • Kuwait: Regulator to digitise motor insurance policies

    The Insurance Regulatory Unit (IRU) is working on a project to digitise compulsory motor third-party liability insurance policies for cars.

    Middle East | 24 Jan 2023
  • UAE: Insurance industry engages fully in digitisation

    The insurance sector in the UAE is witnessing rapid changes in terms of digital transformation, benefiting from the high levels of corporate spending on technological solutions and the adoption of new technologies that have contributed to changing the features of the sector during the past two years, according to experts and officials in the sector.

    Middle East | 24 Jan 2023
  • Australia: Suncorp to expand cloud footprint

    Suncorp Group and Microsoft have announced a three-year agreement that will accelerate the financial services company's ability to build and deploy digital solutions for customers and foster collaborative hybrid working.

    Asia | 24 Jan 2023
  • Indonesia InsurTech aims to revolutionise underwriting

    Companies in Indonesia such as IKEA, Gojek and Shopee are customising insurance policies to suit the products they sell. It is made possible through developments in technology that have allowed them to collaborate with InsurTechs and underwriters to create policies for their customers.

    AIRPlus | 19 Jan 2023
  • China: Auto maker may take over insolvent online insurer

    Auto manufacturing giant BYD could take over insolvent online insurer E An Property & Casualty Insurance, according to local media reports.

    Asia | 19 Jan 2023
  • China: ZhongAn settles 428m claims in 2022

    ZhongAn Online P&C Insurance, China's first online-only insurer, settled 428m claims lodged by 166m policyholders in 2022, with the total amount of claims paid for the year exceeding CNY11.9bn ($1.75bn).

    Asia | 13 Jan 2023
  • UAE: Indian InsurTech platform company partners local broker

    Indian InsurTech platform Turtlefin has entered into a partnership with Compass Insurance Brokers, one of the biggest financial solution providers in the UAE, to create a unified and seamless platform to enhance their distribution capabilities in the UAE market.

    Middle East | 12 Jan 2023
  • India: Insurers' digital-driven capabilities to help narrow health protection gap

    Despite strong growth in health insurance premiums over the past decade, the health protection gap (HPG) in India is one of the highest in the world, says Swiss Re Institute (SRI) in its report, titled "India's insurance market: poised for rapid growth".

    Asia | 12 Jan 2023
  • South Korea: Life insurers to lobby for deregulation of digital innovation

    The life insurance sector in South Korea will seek deregulation for digital innovation in whole sectors of the insurance industry this year, according to Korea Life Insurance Association chairman Chung Hee-soo.

    Asia | 12 Jan 2023


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