InsurTech
Asia: 100 Insurtech Companies and Counting
Advances in digital innovations and cutting-edge technologies as well as evolving customer preferences are creating the need for digital agility in the insurance sector. Insurtech, a subset of fintech that refers to the use of technology innovations to squeeze out
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Prudential’s PRU Fintegrate 2018 Taps Scale-Ups For Deeper Innovation
Prudential Singapore’s second edition of its digital innovation programme, the PRU Fintegrate Partnership (PRU Fintegrate) is this year inviting scale-ups from all over the world to join its innovation fray. The insurance provider is aiming to build synergistic partnerships with
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Insurtech As An Enabler Rather Then A Disruptor: Report
The insurance industry is undergoing profound changes, driven by new customer expectations, emerging technologies, and sustained downward pressure on margin. Since 2015, insurtech players have boomed globally and while initially perceived as potential threats, these are now quickly emerging as
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PayNow Collaborates with Digital Insurer and DBS
The digital insurer FWD and DBS Bank collaborating to provide electronic payment of claims via PayNow. PayNow is an electronic fund transfer service available to customers of any of the seven participating banks: Citibank Singapore Limited, DBS Bank/POSB, HSBC, Maybank,
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SkillsFuture Singapore to train Prudential’s employees in Future Skillsets
Prudential Singapore is partnering SkillsFuture Singapore (SSG) to help its employees acquire the skillsets needed to meet the future demands of the insurance industry. As part of the partnership, employees will have access to the SkillsFuture Series of courses curated
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InsurTech M&As in Asia Surge in 2017, Three Times That of 2016
The total transaction volume of InsurTech M&As in Asia hit US$460 million in 2017, more than three times that of 2016, as industry incumbents and new entrants to the market pushed towards greater digitalisation, according to the fourth Quarterly InsurTech Briefing from
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Singapore Life to Acquire the Business Portfolio of Zurich Life Singapore
Singapore’s newest life insurer Singapore Life Pte. Ltd. (Singapore Life) and Zurich Life Insurance (Singapore) Pte. Ltd. (Zurich Life Singapore) have announced an agreement for Singapore Life to acquire the business portfolio of Zurich Life Singapore. Under this agreement, Singapore
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Why the Insurance Industry needs to Digitalise
Digitalisation benefits the entire insurance industry. From simplifying complex policies and streamlining approval processes, digitalisation can have a positive impact on all parties including customers, agents and brokers. On the internet, 80%1 of local financial research is largely centered on
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Singapore Online Insurer announces 200% YoY Revenue Growth from Online Sales
Etiqa, an Online Insurer from Singapore, is helping accelerate Singapore’s smart nation transformation by launching new services and integrations. Etiqa is the first insurer to integrate with ‘MyInfo’, a digital data vault launched by Government Technology Agency of Singapore (GovTech) and
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Malaysian Insurtech Company, Fatberry Launches
Malaysia’s insurtech company, FatBerry.com launched a digital marketplace for insurance providing Malaysians with a way to get insured in two minutes. In conjunction with the launch, FatBerry.com also announced its partnership with Tune Protect Malaysia, the an online retail portal
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