InsurTech
Singlife With Aviva Bolsters Its Financial Advisory Services Team
Singlife with Aviva’s Navigator Investment Services has bolstered its management team as part of its plans to develop its financial advisory services. The new appointments to Navigator’s leadership team include Wei Lin Chin, who joins as Head of Strategy and
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Insurance Software Provider Ancileo Bags US$3 Million Seed Funding From Fermion
Ancileo, a Singapore-based software as a service provider (SaaS) for the insurance ecosystem, announced has raised US$ 3 million seed funding from Fermion. According to Ancileo, it will gain access to some 230 banks and 150 insurers to offer digital
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Indonesian Insurtech Rey Assurance Secures US$4.2 Million Seed Funding
Indonesian insurtech Rey Assurance announced that it has secured US$4.2 million in seed funding to advance its digital health products and technology platform. The funding round was joined by Trans-Pacific Technology Fund (TPTF), Genesia Ventures, and RDS. Rey said that it
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Singlife With Aviva Backs Local SMEs’ Digitisation With Grab, Google, Razer Fintech
Homegrown insurer Singlife with Aviva announced the launch of a cross-industry collaboration “A Better Odyssey” which will help promising startups and small and medium-sized enterprises (SMEs) in Singapore to digitalise and scale their operations. In the initial phase, A Better
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Chubb and JA Assure Launch Cyber Insurance Portal for SMEs in Asia
Chubb and insurtech firm JA Assure announced the launch of HaxsafeTM, a cyber insurance portal targeting SMEs looking for accessible insurance solution. Underwritten by Chubb, the cyber insurance product offered on the platform is a comprehensive risk management solution providing
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bolttech Expands Its Vietnam Footprint With Viettel Telecom Partnership
Insurtech unicorn bolttech announced that it has partnered with Vietnam’s telecommunications network operator Viettel Telecom. The partnership launched insurance offerings, powered by bolttech’s insurance exchange platform, on Viettel’s customer app MyViettel. The offerings include health, travel, home, car, and motorbike
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7 Early Stage Insurtech Startups from Asia We’re Keeping an Eye On
Asia-Pacific (APAC) has seen the emergence of a dynamic insurtech landscape, fueled by favorable market conditions, low insurance penetration and investors’ bullishness. Data from S&P Global Market Intelligence show that there are at least 335 private insurtech operating in APAC,
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How The Insurance Sector is Undergoing a Massive Digital Overhaul
Innovation through new technologies has been a critical driver of change in the banking and financial sector, leading to efficiency gains, better risk management and new revenue streams. The insurance sector is no exception to such developments, with possibilities of
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Indonesian Insurtech Qoala Raises US$65 Million in Series B
Indonesian insurtech startup Qoala announced that it has successfully raised US$ 65 million in a Series B funding round led by European investment firm Eurazeo. With the new funds, Qoala aims to add over 250 employees this year with a
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Insurtech Firm CoverGo Secures US$15 Million in Series A Fundraise
Insurtech firm CoverGo announced it has secured US$15 million in a Series A funding round. The fundraise was led by California-based SemperVirens VC with participation from US venture capital firms SixThirty, Tribeca Early Stage Partners and Fresco Capital. Strategic investors
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