InsurTech
Singlife Calls Early-Stage Insurtechs to Join 2nd Edition Accelerator Programme
Singapore-based financial services company Singlife has announced the launch of the second edition of its accelerator programme, Singlife Connect 2.0. This initiative follows the success of the programme’s first edition and aims to support up to ten startups specialising in
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Surer and Etiqa Roll Out Insurance for Singapore’s Migrant Domestic Workers
Local insurtech firm Surer in collaboration with Etiqa Insurance Singapore has introduced a new insurance product specifically designed for migrant domestic workers (MDWs). The “Go-Helper” product is fully customisable and exclusively available on the Surer platform. It can also be
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MAS to Beef up Protection for Insurance Policy Owners with Revised Scheme
The Monetary Authority of Singapore (MAS) has announced its intention to revise the Policy Owners’ Protection Scheme. This initiative, currently open for public consultation, is aimed at expanding coverage, streamlining the scheme’s design, and improving operational effectiveness. Enhancing coverage The
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Igloo Secures US$36 Million Pre-Series C, Marks 50% Surge in Company Valuation
Singapore-based insurtech Igloo has completed a US$36 million Pre-Series C funding round, bumping up its valuation by 50% compared to the previous round in 2022. The company aims to achieve profitability by 2024. The funding round, led by the global
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Singlife Achieves 35% Reduction in Data Analysis Costs with Qlik
Singapore’s homegrown financial firm Singlife has announced a partnership with Qlik, provider of a business analytics platform, to step up the speed of its digital claims process. Through Qlik’s cloud data integration and visualisation capabilities, Singlife employees gain access to
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Seedly Launches Travel Insurance With Adventure Sports, Family Coverage
Seedly, a personal finance management platform and subsidiary of the MoneyHero Group, has recently launched a new travel insurance product for Singapore residents only. The Seedly Travel Insurance offering, underwritten by HL Assurance and distributed by SingSaver, is designed to
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Insurlog Ties Up With OneDegree’s IXT to Enhance Logistics Insurance in Vietnam
Insurlog, a provider of last-mile delivery insurance for e-commerce enterprises in Vietnam, has joined forces with OneDegree Global‘s insurtech division IXT. This collaboration aims to offer businesses a comprehensive and integrated solution to mitigate risks along the supply chain. Through
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AIA Singapore Announces New Leadership Roles, CEO Designate for Philippines
Life insurer AIA Singapore has made several key executive appointments, including Irma Hadikusuma as Chief Marketing and Proposition Officer, effective 1 December 2023, and Peter Lee as Chief Technology Officer, starting 20 November 2023. Additionally, Melita Teo, currently serving as
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Chubb Unveils Developer Portal to Enable Testing of Its Digital Insurance Offerings
Chubb Studio has introduced a new developer portal to streamline digital insurance integration for its B2B2C partner companies and their developers. This development was unveiled at the Singapore Fintech Festival. The new Chubb Studio developer portal allows developers to explore an
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Sumitomo Life Further Invests S$180 Million in Singlife
Singapore’s homegrown financial firm Singlife has received a significant boost with an investment of nearly S$180 million from Japanese insurer Sumitomo Life. The transaction is subject to regulatory approvals. Singlife’s total share capital now stands at S$2.258 billion and its
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