InsurTech
FWD Singapore Adds Cyber Fraud Coverage to Its Home Insurance
Pan-Asian insurance company FWD Singapore announced the expansion of its home insurance coverage by protecting homeowners from cyber fraud through its complimentary FWD Cyber insurance. Customers who now purchase or renew FWD Home insurance will receive the complimentary FWD Cyber
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Surer Enables Insurance Intermediaries to Build, Launch Their Websites in Minutes
Surer, a Singaporean cloud-based insurtech platform, has released its latest feature that allows insurance intermediaries to build and launch their personal websites within minutes. With the Personal Website Builder, insurance intermediaries can showcase their professional profile, achievements and most importantly,
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Thai Insurtech Roojai Bags US$42 Million Series B to Fuel Expansion Plans
Thailand’s insurtech startup Roojai has raised US$42 million in a Series B funding round according to a report by The Reporter Asia. The firm had previously raised US$20 million seed investment from Primary Group as well as an additional US$7
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Indonesian Insurtech Qoala Extends Series B With US$7.5 Million Fundraise
Indonesian insurtech startup Qoala announced the close of it US$ 7.5 million Series B+ funding round led by Switzerland’s responsAbility Investments. Qoala had previously raised US$ 65 million in a Series B round in May 2022. This funding round was
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Cover Genius Acquires Embedded Warranty Provider Clyde
Cover Genius, an Australian insurtech for embedded protection, announced that it has acquired US-based embedded warranty provider, Clyde Technologies. Details of the transaction was not disclosed. The insurtech said that the assets acquired will assist its continued expansion into the
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Carro Secures Investment From ZA Tech to Enhance Product Offerings
Southeast Asian used car marketplace Carro announced that it has secured an investment from Singapore-based insurtech company ZA Tech Global for an undisclosed sum. The investment enables Carro to leverage ZA Tech’s suite of insurtech solutions to distribute personalised insurance
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Insurtech Firm CoverGo Appoints Adrit Raha as Managing Director for APAC
Insurtech firm CoverGo announced that it has appointed industry veteran Adrit Raha as the Managing Director for the Asia Pacific region. Adrit brings with him over 17 years of experience in insurance and tech startups. Most recently, he was the
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India’s InsuranceDekho Secures US$150 Million Series A
Indian insurtech firm InsuranceDekho has raised US$150 million in Series A funding round consisting of a mix of equity and debt. The round was led by Goldman Sachs Asset Management and TVS Capital Funds with participation from Investcorp, Avataar Ventures
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MSIG Singapore to Deploy Fermion’s AI Tool to Combat Motor Insurance Fraud
General insurer MSIG Singapore has partnered with insurance ecosystem builder Fermion to combat motor insurance fraud through the use of an advanced artificial intelligence tool, TrueSight Fraud Intelligence. MSIG said in a statement that it will be able to rapidly
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Insurtech Firm Igloo Appoints New Chief Technology Officer
Insurtech firm Igloo has appointed Liliang Zhu as its Chief Technology Officer to strengthen the firm’s tech capabilities and product innovation as it expands insurance offerings across key markets. Zhu will lead Igloo’s tech and innovation strategy and oversee the
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