InsurTech

Surer and DirectAsia to Simplify Car Insurance Policy Customisation

Local insurtech Surer announced that it has formed a partnership with Singapore-based motor and travel insurance provider DirectAsia. The partnership aims to empower insurance intermediaries to offer highly customisable car insurance policies to serve their customers, the end policyholder, with

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Zurich Launches New Suite of Solutions to Power Digitally Embedded Insurance

Zurich Insurance Group announced the launch of a new suite of technology capabilities and insurance expertise to provide partners and their customers with a refreshed, seamless and elevated approach to digitally embedded insurance across all Asian markets where it operates.

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Singlife and Microsoft Supports Budding Insurtechs to Adopt Generative AI

Homegrown financial services company Singlife has partnered with Microsoft to support high-growth insurance startups to adopt generative artificial intelligence (AI). Singlife will work with Microsoft to identify startups for Singlife Connect Plus (SCP) programme, an advanced version of the Singlife

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Thai Insurtech Roojai Acquires FWD General Insurance From bolttech

Thailand insurtech startup Roojai has agreed to acquire FWD General Insurance’s local business from bolttech to boost its market share in the country. Details of the transaction was not disclosed. Through this acquisition, Roojai will have a combined portfolio of

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Singlife Ties up With Aspire to Offer SMEs Greater Access to Financial Services

Homegrown financial services company Singlife has partnered with Singaporean B2B fintech Aspire to enable regional small-to-medium enterprises (SMEs) greater access to financial services. This partnership is the first to be launched under the fintech accelerator programme Singlife Connect which focuses

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Insurtech Powerhouses: Meet ASEAN’s Top 10 Funded Companies

The global insurtech market is rapidly changing as startups and new technologies revolutionise the traditional insurance industry. The ASEAN region is a fertile ground for insurtech companies, driving advancements and reshaping insurance delivery. Projections suggest the global insurtech market will

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Trust Bank Offers In-App Travel Insurance by Income

Singapore’s Trust Bank announced that its customers are now able to purchase affordable travel insurance by Income Insurance within its app which takes about a minute to complete.  This latest launch combined with Trust Bank’s card with zero FX fees

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AXA Thailand Taps CoverGo to Expedite Health Claims Processes

AXA Insurance Thailand has partnered with insurtech firm CoverGo to enhance its health claims processes and elevate its customer experience. CoverGo’s platform will improve the efficiency of AXA’s health insurance services with its modular architecture which provides insurers with flexibility

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bolttech Now Valued at US$1.6 Billion With US$196 Million Series B

Singapore-based insurtech firm bolttech has raised US$196 million during its Series B fundraise led by Japan’s Tokio Marine with a valuation of US$1.6 billion. The firm had shared the announcement back in October 2022 that Tokio Marine will be leading

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Asia’s Insurance Leaders Set to Gather at InsureTech Connect Asia in Singapore

The second annual InsureTech Connect Asia will take place in Singapore from 30 May to 1 June 2023 where insurance industry leaders, professionals, and insurtech providers from across Asia and beyond will convene to share their successes, strategies, and plans

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