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InsurTech tag returned 1095 results

  • Digital disruption & the Virtual InsurTech boom

    Digital disruption has been pervasive across the global insurance sector for the last decade. With various use cases ranging from blockchain and claims, artificial intelligence and underwriting to telematics for auto insurance, there have been great inroads made in terms of technological advancement for the sector. Whilst these use cases greatly improve existing insurance processes, how policies are then purchased (distribution), and the customer experience involved in those purchases is critical to an insurer's success. The acquisition of customers via more modern, digital distribution channels is essential and how InsurTechs around the world are quickly gaining market share over traditional incumbents.

    AIRPlus | 28 Sep 2021
  • Turkey: Large conglomerate to establish online insurer

    A wholly-owned subsidiary of Dogan Holding, which is among the biggest conglomerates in Turkey, has announced that it will establish an insurance company in the country.

    Middle East | 27 Sep 2021
  • Morocco: IFC and insurance regulator promote speedier digitisation

    IFC, a subsidiary of the World Bank, and the Insurance & Social Insurance Supervisory Authority (ACAPS) have entered into a partnership aimed at defining strategic orientations, and promoting the acceleration of the digitisation of the insurance sector in Morocco.

    Middle East | 27 Sep 2021
  • InsurTech launches services for needy farmers

    InsurTech Wingsure has entered into an agreement with the government of the south Indian state of Telangana to provide deep-tech-based personalised crop insurance products and advisory services to small, underserved farmers in the state.

    AIRPlus | 23 Sep 2021
  • InsurTech: bolttech extends Series A funding round to US$210m

    bolttech, one of the fastest-growing international InsurTech unicorns, has extended its recently-announced $180m series A funding round led by Activant Capital Group, taking the series total to $210m.

    Asia | 22 Sep 2021
  • Singapore: Survey results show insurers need to integrate human interaction with digitisation

    Even as customers embrace the ease and convenience of digital self-serve channels, they still desire the assurance that is offered by a financial advisor, according to the personal finance comparison site, MoneySmart.

    Asia | 17 Sep 2021
  • New Futurance programme launched to identify start-ups

    HDFC Life and IvyCamp have launched the fourth phase of Futurance, an on-going corporate engagement programme that identifies start-ups developing innovative and next generation capabilities.

    AIRPlus | 16 Sep 2021
  • China: Regulator outlines 6 main conditions for online P&C insurance operations

    Insurance companies in China must meet six major conditions to qualify to conduct Internet P&C insurance business, according to the "Notice on Strengthening and Improving the Supervision of Internet Property Insurance Business (Draft for Comments)" issued by the Property Insurance Department of the CBIRC.

    Asia | 15 Sep 2021
  • Philippines: Huge potential seen for embedded insurance

    The growth prospects of embedded insurance in the Philippines are seen as huge as the insurance market as a whole remains under-penetrated, according to UBX Philippines Corp which is the FinTech arm of UnionBank of the Philippines.

    Asia | 15 Sep 2021
  • UAE: Democrance says AI enables data-driven approach to underwriting

    Developments in cloud computing, significant improvements in processing power, and a boom in digitisation, automation, and data, have led transformative activity in the insurance industry to pick up, according to Ms Tanja Magas, chief data and analytics officer at Democrance, a Dubai-headquartered insurance technology start-up which enables partnerships that make insurance accessible and affordable. compan

    Middle East | 14 Sep 2021

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