InsurTech

Singapore-based healthcare group Foundation Healthcare Holdings Pte. Ltd. (FHH) has announced that it has entered the Hong Kong market with the implementation of Smarter Health Pte. Ltd. (SH)’s digital pre-authorization platform, launched in partnership with FWD Hong Kong.

Singapore-based insurtech firm bolttech has on Wednesday announced it has raised $196 million in connection with its Series B with an up-round valuation of $1.6 billion. The round was led by Japanese insurance firm Tokio Marine.

Tokio Marine Insurans (Malaysia) Berhad (Tokio Marine), a subsidiary of Japan-based insurance firm Tokio Marine Holdings Inc., has partnered with Malaysia-based logistic solution KirimMan and Malaysia-based fintech company Finology, to offer affordable insurance products for gig economy workers in Malaysia, with a focus on delivery riders.

With less than two percent insurance penetration, Indonesia presents a market with significant headroom for growth, Indonesia-based insurtech firm Pasar Polis said Monday.

Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.

PasarPolis, an Indonesia-based insurtech firm, has become Indonesia's first official full-stack insurtech ecosystem, giving the company the ability to both distribute and underwrite its own digital insurance products.

Singapore-based insurtech bolttech, has partnered with Thailand’s mobile network operator AIS, to deliver embedded protection services including mobile device switch and replacement services to AIS customers for the recently-launched AIS Care+ programme.