InsurTech

Singlife with Aviva launches accelerator for Insurtech startups

Singapore homegrown financial services company Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of promising insurtech startups.

Income’s Max Tiong on innovating insurance through a customer-centric and data-driven approach [ORIGIN Innovation Awards Q&A]

At Income, our lifestyle-centric and data-driven approach to insurance and financial planning puts us at the forefront of innovative solutions that empower better financial well-being for all, including the underserved.

PolicyStreet partners foodpanda Malaysia to digitise delivery partners’ insurance

Malaysia-based insurance technology firm PolicyStreet has teamed up foodpanda Malaysia to digitise delivery partners’ insurance for better protection. All of foodpanda Malaysia’s delivery partners classified as gig workers nationwide will be enjoying simplified insurance processes as part of PolicyStreet’s commitment to close the insurance protection gap…

Singapore’s Igloo raises additional $27M, bringing Series B total funding round to $46M

Singapore-based insurtech Igloo has on Tuesday announced that it has successfully raised an additional $27 million in its Series B extension, bringing a close to its Series B funding round at $46 million. The initial Series B capital raise of $19 million in March this year was led by Cathay Innovation, with further investments from ACA and other existing…

Igloo launches blockchain-based weather index insurance for rice farmers in Vietnam

Singapore-based insurtech Igloo, in partnership with PVI Insurance, Vietnam Meteorological and Hydrological Administration (VNMHA) and international reinsurer SCOR, on Tuesday announced the launch of the country’s first weather index insurance - a blockchain-based parametric index insurance product that automates insurance claims of rice farmers.

Singapore’s Gigacover doubles down on transportation and logistics amidst profitability

Singapore-based insurtech Gigacover has bolstered performance through recently-inked partnerships with leading insurance brokerage firm, ComfortDelGro Insurance Brokers, and leading smart logistics platform, Zeek.

Singapore-based insurtech Bolttech closes Series B investment at $1.5 billion valuation

Bolttech, a Singapore-based insurtech company, announced Monday Tokio Marine, alongside other shareholders, will lead its Series B funding round. The investment values bolttech at an up-round valuation of approximately $1.5 billion, one year after it closed the largest ever Series A funding round for an insurtech.

Singapore’s bolttech acquires majority shareholding in Indonesian broker Axle Asia

Bolttech, the Singapore-based international insurtech, announced Thursday it has completed the acquisition of a majority shareholding in PT Axle Asia, an established insurance broker in Indonesia.

YAS MicroInsurance completes $4.5M Pre-Series A round led by Noria Capital, ZEMU VC & JKL Capital

YAS MicroInsurance (YAS), an insurance on-blockchain pioneer in Hong Kong, has announced the completion of their Pre-Series A fundinground, raising $4.5 million. The round was led by Noria Capital, ZEMU VC and JKL Capital.

Indonesia insurtech PasarPolis partners Shopee for SEA expansion

Indonesia-based insurtech PasarPolis has partnered with e-commerce giant Shopee to provide affordable and accessible insurance for customers across Indonesia, Thailand, and Vietnam. With expansion plans across Southeast Asia, PasarPolis currently has partnerships with over 50 insurance providers and digital giants including Gojek, IKEA, Xiaomi, and more.