InsurTech

Saphron Raises SGD 1.35 M to Tackle Financial Inclusion in the Philippines

Manila-based insurtech startup Saphron has raised SGD1.35 million seed fund coming from fintech-focused VC fund Sage, and Talino Labs, a venture lab that supports companies engaged in digital transformation. Founded recently by solutions architect Francisco “Kiko” Reyes Jr, Saphron plans

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Insurtech Startup CXA Raises US$ 25 Million — Eyes Expansion in Asia-Pacific

CXA Group, a one-stop, predictive and data intelligence platform for better health, wealth and wellness choices, announced today that it has raised US$25 million in its latest round of funding. CXA’s new group of strategic investors include HSBC, Singtel Innov8,

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Insurance & Indonesia: What Grab’s New US$1.46 Bil Brings to The Table

Grab has been accused of being the most capitalised startup in Southeast Asia’s history, and with this recent closing of a whopping Series H we find it hard to disagree. Grab opened this round round since June last year, and at its

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Thai Insurtech Startup Raises US$ 10 M Funding, Eyes Expansion into Singapore

After successfully raising a US$ 10 Million series A led by Vertex Ventures, Thailand-based insurtech startup Sunday is eyeing expansion into Singapore, Malaysia and Indonesia. This new funding round puts Sunday among the top-funded fintech startups in Thailand Sunday is

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Top 10 Insurtech Leaders in Asia

Who are the top InsurTech leaders in Asia? Insurtech Asia Association evaluated 215 candidates for a combination of impact, influence and potential. 2019 is shaping to be an amazing year for InsurTech in Asia and the following 10 outstanding individuals are

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Philippines: New VC Fund Gobi-Core Debuts Investments in Healthtech Startup MariaHealth

A recently-launched venture capital fund by Philippine-based VC company Core Capital and Malaysia-based VC Gobi Partners made its first two investments in a healthtech startup MariaHealth and an edutech firm called Edukasyon.ph. The VC fund Gobi-Core Philippine Fund (PH Fund)

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Grab Works with China’s Insurtech Giant to Offer Insurance by Mid 2019

Grab announced that it’s partnering up with ZhongAn, one of the biggest insurtech drivers in China, to establish a joint venture company for the digital insurance distribution business in Southeast Asia. The goal is to deliver a digital insurance marketplace for products

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In Yet Another Funding Round This Month, Singapore Life Raises US$ 13 Million

Insurtech firm Singapore Life has received a US$ 13 Million investment from Aberdeen Standard Investment. This makes it the second round of capital injection Singapore Life has received this month alone. Singapore Life has previously received a total sum of

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Singapore Life Gains SG$27.3 Mil Investment to Fund Their Southeast Asian Expansion

Singapore Life received a US$20 million (SG$27.26 million) from New York Stock Exchange listed company Aflac. Aflac’s operating subsidiary—American Family Life Assurance Company of Columbus, will also enter into a reinsurance agreement on certain protection products with Singapore Life. The

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Aviva Singapore Partners IMDA for Cloud Computing Training

Aviva Singapore has become the first insurer to partner with the Infocomm Media Development Authority (IMDA) to offer a Cloud Computing training programme to upskill new and existing employees, enhancing the company’s digital capabilities to meet insurance customers’ evolving needs.

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