InsurTech
Striking while the iron is hot: The Philippine venture scene is heating up and getting hotter
TechNode Global’s series on the Philippines will delve into why Filipino entrepreneurs and founders are attracting venture capital (VC) money in droves. In this second part, we explore the rise in Series B (and now, C) fundraising rounds out of the Philippines in 2021, and what it signals for the startup ecosystem as a whole. Seven founders share how much…
JD.com-backed Tiki raises $258M in Series E funding round led by insurer AIA
The new funding brings the company’s valuation to close to $1 billion.
Singapore insurer NTUC Income expands Insurance-as-a-Service to Indonesia, Vietnam, Malaysia via partnerships
These strategic alliances are built on Income's Insurance-as-a-Service (IaaS) model that enables the company to bring digital-first insurance business models to partners overseas, enhance their speed-to-market, and equip them with the right capabilities and tools to capture new customer segments and revenue streams
Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license
The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners and the Leong family of Malaysia-based property developer Mah Sing Group led by Leong Hoy Kum.
Vietnam HealthTech startup Medici secures insurance broker license, will integrate health & life insurance services
With this highly competitive license, Medici can distribute a large variety of health and life insurance products on their platform, support customers with claims management, and co-develop insurance products leveraging the data and insights collected through existing services.
AirAsia partners with InsurTech startup PolicyStreet to provide digital car insurance service
The digital car insurance service includes insurance and road tax renewal and allows car owners to make price comparisons of various insurance providers.
InsurTech startup PolicyPal addresses pain points faced by policyholders [ORIGIN Innovation Awards Q&A]
PolicyPal Founder and CEO Val Yap shares her story of how personal challenges led her to start a company that digitalizes insurance comparison and management. She also offers advice to fellow female entrepreneurs on the importance of mentorship and finding the right support groups.
The rise of pet-focused e-commerce is a sign of maturing market, says Oyen’s Kevin Hoong amid pet InsurTech’s $420K Seed raise
We are extremely focused on accelerating our growth of pet owner acquisition in Malaysia and constantly experimenting with new growth channels to scale our business. Within the coming months, we hope to also further develop our proprietary technology which will allow us to distribute our product and manage our claims services smartly and at scale. To…
Why insurance for delivery riders is a win-win
Microinsurance can grow to become a foundation for those gig workers to obtain financial protection against material and health risks such as failed delivery, damaged products during delivery, injuries, accidents, and illness, etc.
What can insurers do about rising digital connectivity exposures?
Insurance can play a pivotal role in providing risk protection but only can do this when fully taking advantage of the ubiquity of the platform economy - using real-time data, automated underwriting, and claims and deploying shorter product innovation cycles.
