InsurTech

Taiwan-based insurance firm Shin Kong Vietnam and Vietnam-based PVI Insurance have on Tuesday held a formal opening ceremony, marking the beginning of their strategic cooperation and the official launch of a new compulsory third party liability (CTPL) insurance platform.

Roojai Insurance, a Thailand-based online insurance company, is collaborating with Salesforce, using Sales Cloud, Marketing Cloud and Heroku, to transform their digital insurance experience for customers.

Erajaya Digital, a telecommunications subsidiary of Indonesia-based Erajaya Group, has officially launched a new device protection program through a strategic collaboration with bolttech, a Singapore-based provider of embedded protection solutions.

Singapore's insurtech bolttech announced Wednesday that it has closed Series C fundraise at $147 million, reflecting a company valuation of $2.1 billion.

Singapore-based insurer AIFT and Taiwan-based insurer Shin Kong Life have signed a strategic cooperation agreement on Thursday to enter Vietnam's digital insurance.

Igloo, a Singapore-based regional insurtech, has launched Igloo tech solutions to boost insurance operations in Southeast Asia.

Amazon Web Services (AWS), an Amazon.com company, announced last Thursday that bolttech, a Singapore-headquartered international insurtech company, is implementing AWS’s generative artificial intelligence (Gen AI) solutions across their customer- and internal-workflows, enhancing operational efficiency and customer experiences while reducing costs.

Rabbit Care, Thailand’s direct-to-consumer insurance comparison platform and a subsidiary of BTS Group, has acquired GluayGluay.com, one of Thailand’s digital motor insurance brokerages, cementing its leadership as the top consolidator in Thailand’s fragmented insurance broker market.

Bolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia.

Singapore-based insurtech Igloo and Thailand conglomerate Jaymart Group's subsidiary JMT Network Services PCL have established a joint venture to offer insurtech solutions for Thailand.