FinTech company Hashstacs (STACS) has developed and launched a platform that aims to improve access to sustainability data to support more effective sustainable finance.
The bancassurance distribution channel is facing huge challenges from the digital space and ecosystems. These are increasingly appealing to today's technology-driven marketplace both in terms of products and reach, said speakers at the virtual "Asia Conference on Bancassurance and Alternative Distribution Channels" that opened yesterday.
China's online P&C insurance sector saw steady growth in premiums in 2021, according to a report released by the Insurance Association of China.
Indonesian insurtech startup Qoala has announced that it has successfully raised $65m in a Series B funding round led by European investment firm Eurazeo.
ZhongAn Online P&C Insurance Co has raised its market presence on the back of strong business growth, notes Moody's Investors Service. The insurer's premium grew 22% in 2021, largely driven by the increase in its consumer finance segment.
No-code SAAS insurance platform CoverGo has raised $15m funding for global expansion and adoption of its no-code insurance platform.
CoverGo, a leading global enterprise no-code SAAS insurance platform, yesterday announced it has secured $15m in Series A funding led by California-based SemperVirens VC.
Eleven InsurTechs have joined the eighth cohort of Lloyd's lab programme. This global programme brings together InsurTechs, insurers and brokers to test out new, innovative solutions and create insurance products to address the issues and challenges facing the Lloyd's market.
The impact of COVID-19 continues to accelerate the development of InsurTech in Taiwan's insurance industry as can be seen in the increasing variety of circumstances where InsurTech is applied, says the law firm Lee and Li Attorneys-at-Law which is a member of the Global Insurance Law Connect (GILC), an alliance of insurance law firms spanning four continents.
The holding company Expanso, controlled by insurance entrepreneur Mr Mehdi Tazi, plans to develop a regional InsurTech leader while remaining open to other new opportunities for external growth.