Mitsui Sumitomo an insurance giant hailing from Japan, and they just announced the setup of their global digital hub in Singapore—at its Asia regional office. The digital hub has been established in Singapore since February 2019.
The announcement also mentions a global digital hub that just launched in Japan.
The digital hub in Singapore should, according to Mitsui Sumitomo, contribute to the development of digital initiatives in ASEAN, by supporting the Asia regional office in developing business strategies.
The hub was also set up to help the company figure out how to enhance customer experience in ASEAN markets, in a bid to cater to rapid digitalisation. With the hub, Mitsui Sumitomo aims to help facilitate the development of innovative insurtech via collaborations with other business partners and startups.
Featured image is of the Global Digital Hub in Japan, by Mitsui Sumitomo