InsurTech
Manulife and DBS Launch Insurance Starter Plan ‘ProtectFirst’ for Young Singaporeans
Manulife Singapore and DBS Bank announced the launch of their co-developed insurance starter plan, ProtectFirst, designed to help young Singaporeans kickstart their protection journey affordably at a lower premium. Customers can assess their protection gaps via the bank’s digital AI-powered
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Singlife With Aviva Taps Matter’s ESG Platform for a Full View of Its Sustainability Performance
Homegrown insurer Singlife with Aviva has appointed European sustainability data provider Matter to provide a comprehensive view of its sustainability performance. Matter’s ESG platform will help Singlife understand the sustainability impact and performance of its global investments. With Matter’s platform,
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Comarch’s Latest Study Reveals Why It Is Critical for Insurers to be Digital First
Changes in customer behavior are causing a fundamental shift in the insurance business. Consumers are embracing digital channels and online tools which are now becoming critical not only to ensure that existing customers get the experience they want but also
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Insurtech Igloo Appoints Grab’s Former Exec as Its Chief Business Officer
Insurtech firm Igloo announced that it has appointed Wilson Tseng as its new Chief Business Officer. Tseng will be responsible for driving Igloo’s commercial strategy, expanding partnerships with business and insurer partners, as well as identifying and developing new growth
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Insurtech Unicorn bolttech Invests in Digital Insurance Advisory Sherpa
Digital insurance advisory Sherpa announced it has received a strategic investment from bolttech, an international insurtech unicorn. The sum was not disclosed. This is part of a collaboration to expand the international presence of its digital insurance and protection advisory
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Igloo Raised US$19 Million Series B, Promotes Raunak Mehta as Co-founder and CEO
Regional insurtech firm Igloo announced that it has raised US$19 million in Series B funding round and promoted Raunak Mehta as its new Co-founder and Chief Executive Officer (CEO). The round was led by Cathay Innovation with participation from ACA
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bolttech Acquires AVA Insurance to Accelerate Its Growth in Singapore
Singaporean insurtech unicorn bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency, a Singapore-based insurance intermediary and specialist broker. The acquisition of AVA will accelerate the deployment of bolttech’s insurance exchange in Singapore, connecting insurers, distributors
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Indonesian Insurtech PasarPolis Names Former Amazon Exec as CTO
Indonesian insurtech firm PasarPolis announced the appointment of Rajesh Kumar as its Chief Technology Officer (CTO). PasarPolis said that Rajesh’s extensive experience with nearly two decades in the technology sector with global brands including Amazon and MakeMyTrip, makes him a
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4 Anti-Fraud Tech Trends in the Insurance Industry
Since the start of the COVID-19 pandemic, fraud and suspicious activity have been on the rise. In the insurance industry, fraud attempts have become increasingly sophisticated, forcing insurance companies to embrace technology and set out anti-fraud technology to identify suspicious
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360F and AXA Singapore Launches Full-Scale Production of Advisory Tool “My FinScore”
Singapore-based insurtech 360F and AXA announced that they will be launching a full-scale production of their advisory tool “My FinScore”. 360F had enabled the launch of My FinScore with AXA Singapore earlier this month which was made available to the
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