Tag "insurtech"

Traditional Insurance Companies Forced By Insurtech To Innovate In 2017

The insurance industry had given us amenities that we take for granted today. For instance, the fire station is the invention of insurance companies. After the Great Fire of London, insurance companies built the modern fire stations to fight fires

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6 Insurtech Startups From Asia to Watch

In Asia, interest in insurtech grows as industry experts and observers perceive the region’s fast-growing economies and underinsured population as an untapped opportunity. While insurtech in Asia is still in its infancy, the sector is growing fast and attracting venture

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BIMA Leverages Mobile Tech to Bring Insurance Products to Developing Countries

With over 20 million customers and operations in 14 countries across Asia, Africa and Latin America, BIMA is a leading insurtech company that uses mobile technology to deliver affordable insurance and health services, and fuel financial inclusion in developing countries.

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Report: Nine out of Ten Insurers Fear Losing Part of Their Business to Startups

Annual investments in insurtech ventures have increased fivefold over the past three year, reaching a cumulative US$3.4 billion since 2010. As investment and interest in insurtech increase, insurers are feeling increasingly threatened by the new innovative ventures that are applying

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Why Singapore Is The Perfect Location For Insurance Innovation And InsurTech Startups

What is the best way to drive innovation in insurance? In the last post, we’ve scratched the surface around the various corporate innovation models that exist in insurance industry. In the nutshell, the conclusion that we’ve arrived at is that

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InsurTech Startup PolicyPal Wants to Help People Manage, Track and Understand Their Insurance Policies

Earlier this month, notorious accelerator program Startupbootcamp Fintech Singapore unveiled the ten teams it had picked to integrate the program, among which PolicyPal, a young and ambitious startup that intends to help us manage our insurance matters more easily. The

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