InsurTech

HK-Based AMTD Acquires Insurtech Startup PolicyPal

AMTD Digital, the digital finance arm of AMTD Group announced that it will acquire a controlling stake of PolicyPal, a company licensed by the Monetary Authority of Singapore, and the first graduate of MAS fintech regulatory sandbox, which deepens the

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Digital Insurer FWD Appoints Khor Kee Eng as Singapore CEO

FWD Group (“FWD”)  announced the appointment of Khor Kee Eng as CEO of FWD Singapore, subject to regulatory approval. Kee will helm the development of FWD Singapore to strengthen the Group’s position as a digital insurer. Kee will report to

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Symbo Announced As Singapore’s Winner of Zurich’s Innovation Challenge

Zurich Singapore has crowned Symbo the winner of the Zurich Innovation Championship 2020 – Singapore Round. Symbo’s winning pitch revolves around a digital insurance pilot for the Small and Medium-sized Enterprise (SME) segment. The pilot features a full technology-stack solution

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Etiqa Introduces Vehicle Claims using Video Through E-Cleva

Etiqa announced today the launch of E-CLEVA which is short for Etiqa Claims Express Video Assist. The new video-assisted claims service allows for Etiqa’s motor surveyor to interact with the claimant directly and remotely via an audio-video call. In their

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Grab Enables In-App Travel Insurance for As Low as $1 Per Day

Grab and Chubb announced today the launch of Travel Cover — an on-demand travel insurance service that Grab users can purchase within the app. The product is distributed by GrabInsure Insurance Agency, Grab Financial Group’s insurance platform. Starting from today, a

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SingSaver Gets Brokerage License from MAS, Launches Digital Insurance Comparison

Comparison platform SingSaver.com.sg announced today that they have launched instant digital insurance comparison on its platform fresh off securing a brokerage license from the Monetary Authority of Singapore. The platform now offers a comprehensive range of insurance products across travel,

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Singlife Launches Singapore’s First Insurance Savings Plan with Visa Card to Spend

Digital insurer Singlife announced today that they have launched their mobile-first insurance savings plan, the Singlife Account. Previously on waitlist, the public is now able to download the Singlife App while an exclusively selected group of customers from the earlier

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Autonomous Vehicles Are Becoming a Reality in Singapore, Which Industries Will Be Most Affected by It?

Governments around the world are working hard to introduce autonomous vehicles to society. With prospects of improved safety, increased efficiency of public transportation and long term sustainability, it is not difficult to see why many countries are headed towards this

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Singapore Life Rebrands to Singlife and Launches a Debit Card

Singapore Life announced today the rebranding exercise to change its name from Singapore Life to Singlife. The digital insurer told Fintech News Singapore that since everyone is already referring to them as SingLife, they figured they might as well embrace

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Singaporean Insurtech Axinan To Provide Digital Insurance for Indonesian Unicorn Bukalapak

Singapore-based insurtech firm Axinan announced today their partnership with leading Indonesian e-commerce unicorn Bukalapak during a press conference. The collaboration between Axinan and Bukalapak will mark the first alliance between the two parties, amalgamating Axinan’s proprietary tech capabilities with Bukalapak’s

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