InsurTech

ZA Tech Forms Insurtech Joint Venture With Indonesian E-Wallet OVO

ZA Tech, the Hong Kong-based technology venture founded by insurance company ZhongAn Online and backed by Softbank’s Vision Fund, announced that it has formed a joint venture with the holding company of e-wallet OVO, to offer Indonesian insurance companies easy

Read More

Carro and MSIG Launches AI-Powered Behaviour Based Insurance to Reward Safe Drivers

Carro, South East Asia’s automotive marketplace, has launched a behaviour and usage-based car insurance (UBI) in partnership with Mitsui Sumitomo Insurance Group Holdings (MSIG), a member of MS&AD, a Japanese insurance company. Drivers in South East Asia will enjoy tailored

Read More

MAS and Ministry of Health Developing Data Sharing Platform for Faster Insurance Claims

Insurance is a crucial aspect of every individual’s financial planning, while much of the world has been focusing on how to get more people insured, little discussions have been had surrounding the pain points and inefficiencies of the insurance claim

Read More

SnackUp Partnership with Visa Allows You To Build Insurance Coverage as You Spend

NTUC Income (Income) and Visa launched SNACKUP, which allows consumers to build insurance coverage when they spend with their Visa cards, contributed entirely by merchant and participating brands. SNACKUP is an expansion of SNACK, a lifestyle-based micro-policy insurance model that

Read More

MSIG Introduces Insurance Plan for Gig Workers

MSIG Insurance (MSIG) has introduced Freelancer CashPlus, an insurance plan that dispenses daily cash benefits to help gig workers safeguard against income loss during a prolonged illness or injury. According to the Ministry of Manpower, the number of freelancers stood

Read More

Singlife and Aviva Completes Merger Transaction at S$3.2 Billion

Homegrown insurer Singlife has completed the transaction for its merger with Aviva Singapore at S$3.2 billion. The transaction announced on 11 September 2020 is said to be one of the region’s largest insurance deals and the largest in Singapore. After

Read More

Razer Rolls Out Insurance Offering with FWD for Beta Users

Razer Fintech is deepening their collaboration with FWD Singapore (FWD), by providing insurance coverage to its users in Singapore as part of the recently launched Razer Card The former had recently collaborated with Visa, to unveil the Razer Card which will

Read More

Insurtech Bolttech Expands Its Footprint to South Korea With LG U+

bolttech, an insurtech company that is a part of the Pacific Century Group, announced its expansion into South Korea through the launch of its partnership with LG U+, one of South Korea’s telecommunications carriers. LG U+’s customers around the country

Read More

Revolut Singapore Ties up With Insurtech to Offer Lifestyle-Based Insurance

Revolut and SNACK by NTUC Income, an insurance cooperative in Singapore, announced a partnership to incorporate lifestyle-based insurance offerings. SNACK, launched in June this year, offers stackable, micro-insurance that integrates into their customers’ daily lifestyle activities. The app has partnered

Read More

Singlife to Merge with Aviva in Singapore’s Largest Insurance Deal Valued at S$3.2 Billion

Singapore Life Pte. Ltd. (Singlife), a homegrown insurer, offering mobile savings and protection solutions, today announced it has entered into a transaction with a view to combine with Aviva Singapore. Valuing the combined Singlife and Aviva Singapore entities at S$3.2

Read More