InsurTech
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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The InsureTech Connect Asia 2022 Is Back for Its 3-Day Physical Event
InsureTech Connect Asia (ITC Asia) will be hosting the first 3-day in-person event since the pandemic from 7 – 9 June 2022 at Suntec Convention & Exhibition Centre, Singapore. The insurtech event has offered unparalleled access to the largest and
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India’s Insurtech Scene Sees Record Breaking Year for Funding
2021 was a record-breaking year for India’s insurtech industry which saw equity funding volume more than double and two startup reaching unicorn status. Moving forward, the industry is set to grow even more, on the back of supportive initiatives and
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NTUC Income Launches Travel Insurance Plan for Protection by the Hour
NTUC Income, an insurance cooperative in Singapore, launched its new travel insurance offering called “FlexiTravel Hourly Insurance”. As indicated by its name, this insurance enables travellers to purchase travel protection as needed by the hour. Available for those who are
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