InsurTech
Igloo Expands Insurance Access in Vietnam Through New Partnerships
Igloo, a Singapore-based insurtech firm, has announced new partnerships with Zalopay, Lotte Finance, FE Credit, and digital insurer OPES to broaden insurance access in Vietnam, particularly for underinsured communities. These collaborations aim to introduce tailored insurance products that cater to
Read More
Singlife and Doctor Anywhere Introduce Health Plan for Gig Workers
Homegrown financial services company Singlife has partnered with Doctor Anywhere, a local tech-driven healthcare firm, to launch a new health subscription plan aimed at self-employed individuals, including gig workers. The plan, named DA Healthwise Plus, is designed to provide affordable
Read More
Tokopedia Taps Igloo to Offer Insurance Products for Consumers and MSMEs
Insurtech company Igloo has partnered with Tokopedia, Indonesia’s online marketplace, to extend the availability of insurance products to a wide audience across the country, targeting both individual consumers and over 14 million micro, small, and medium-sized enterprises (MSMEs). Igloo and
Read More
InsureMO’s Technology Integration Bolsters MoneyHero’s Insurance Platform
InsureMO, an insurance middleware platform, has teamed up with financial product comparison platform MoneyHero, aiming to create a “premier digital insurance aggregation and comparison platform” across Greater Southeast Asia. The integration of InsureMO’s advanced middleware technology into MoneyHero’s platform allows
Read More
Qoala Raises US$47M for AI-Powered Transformation and Regional Expansion
Indonesian insurtech startup Qoala has closed its Series C funding round led by PayPal Ventures and MassMutual Ventures to raise US$47 million. This brings Qoala’s total raised capital to over US$130 million. The round was also joined by MUFG Innovation
Read More
Atome Ties up With Chubb to Roll out BNPL Insurance for Its SE Asian Users
Buy Now, Pay Later (BNPL) firm Atome has teamed up with Chubb to co-create insurance products for its customer base across Singapore, Malaysia, the Philippines, and Indonesia. The initiative kicks off with the launch of “Bill Secure,” an insurance offering
Read More
Singlife Now Officially a Fully-Owned Subsidiary of Sumitomo Life
Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo Life. The acquisition deal was greenlit by regulators in both Singapore and Japan on 22 December 2023. The deal values
Read More
MAS to Launch Revised Fair Dealing Guidelines for Greater Consumer Protection
The Monetary Authority of Singapore (MAS) is set to update its Guidelines on Fair Dealing within the coming weeks, signaling a major step towards enhancing customer protection across all financial sectors. Announced by Ho Hern Shin, Deputy Managing Director (Financial
Read More
Saladin Joins Forces with ZaloPay to Digitise Insurance Offerings
In a step towards digitising insurance services in Vietnam, Saladin Technology Insurance, under the auspices of 10X Consulting and Technology Co., Ltd., has formed a strategic partnership with ZION Joint Stock Company, creators of the ZaloPay e-wallet. This collaboration was
Read More
Singlife Unveils Upgraded Insurance Plans to Address Coverage Gaps
Homegrown digital-first insurer Singlife today announced the roll-out of two revised insurance plans: Singlife Elite Term II and Singlife Cancer Cover Plus II, aimed at enhancing the financial stability and peace of mind for the Singaporean populace. This initiative aims
Read More