Fintech
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Insurtech (Insure Tech) -
2 days ago
Indonesian insurtech startup Qoala has closed its Series C funding round led by PayPal Ventures and MassMutual Ventures to raise US$47 million. This brings Qoala’s total raised capital to over US$130 million.
The round was also joined by MUFG I...
Fintech
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Insurtech (Insure Tech) -
1 week ago
Coterie Insurance, an insurtech managing general agent (MGA), has recently secured $27 million in new capital investment from Hiscox, alongside various existing investors.
Expressing gratitude for this investment, David McFarland, CEO of Coterie, sta...
Fintech
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Insurtech (Insure Tech) -
1 week ago
Carrot General Insurance, a South Korean digital insurance company, has partnered with Lippo General Insurance (LGI), Indonesia to develop a Behaviour Based Insurance (BBI) solution.
Drawing on its extensive data capabilities and experience, Carrot a...
Fintech
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Insurtech (Insure Tech) -
1 week ago
Buy Now, Pay Later (BNPL) firm Atome has teamed up with Chubb to co-create insurance products for its customer base across Singapore, Malaysia, the Philippines, and Indonesia.
The initiative kicks off with the launch of “Bill Secure,” an...
Fintech
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Insurtech (Insure Tech) -
1 week ago
Homegrown financial services company Singapore Life Holdings (Singlife) is now officially a fully-owned subsidiary of the Japanese insurance giant, Sumitomo Life. The acquisition deal was greenlit by regulators in both Singapore and Japan on 22 Decem...
Fintech
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Insurtech (Insure Tech) -
1 week ago
The Monetary Authority of Singapore (MAS) is set to update its Guidelines on Fair Dealing within the coming weeks, signaling a major step towards enhancing customer protection across all financial sectors.
Announced by Ho Hern Shin, Deputy Managing D...
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
bolttech, an international insurtech firm, recently announced its expansion into the Middle East through a new partnership with stc Group, a telecommunications company in the region.
Rob Schimek, Group Chief Executive Officer at bolttech, expresses h...
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
In a step towards digitising insurance services in Vietnam, Saladin Technology Insurance, under the auspices of 10X Consulting and Technology Co., Ltd., has formed a strategic partnership with ZION Joint Stock Company, creators of the Zal...
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
Homegrown digital-first insurer Singlife today announced the roll-out of two revised insurance plans: Singlife Elite Term II and Singlife Cancer Cover Plus II, aimed at enhancing the financial stability and peace of mind for the Singaporean populace....
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
A new report has found that the impact of generative artificial intelligence is likely to increase the frequency, severity and diversity of smaller scale cyber attacks over the next one to two years.
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
bolttech, an international insurtech company, has announced a partnership with stc Group, a key player in telecommunications and digital transformation in the Middle East.
This partnership marks bolttech‘s expansion to several new markets, leve...
Fintech
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Insurtech (Insure Tech) -
2 weeks ago
Insurwave, an insurtech platform, has recently announced its new partnership with speciality re/insurer, Inigo.
In this collaboration, Inigo will utilise Insurwave’s advanced technology and industry knowledge to establish and maintain a real-time sum...
Fintech
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Insurtech (Insure Tech) -
3 weeks ago
Concirrus, an AI insurtech company, has recently announced the launch of an updated market model that is expected to bring together the world’s largest pool of marine hull claims data.
To ensure alignment with market best practices, Concirrus collabo...
Fintech
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Insurtech (Insure Tech) -
3 weeks ago
Thailand-based insurtech startup Sunday has successfully acquired a 99% stake in PT KSK Insurance Indonesia, a general insurer, according to DealStreetAsia.
This strategic acquisition has been greenlit by Indonesia’s Financial Services Authority (OJK...
Fintech
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Insurtech (Insure Tech) -
3 weeks ago
In the final instalment of a three-part series on broker M&A,& Phil Broadbery, a partner and head of PKF’s technology team, examines some of the most common IT and data-related pitfalls that broker leaders should look out for during the acquisition p...