InsurTech

Singapore-based regional insurtech Igloo has shared strategies for insurers to attract Gen Z and boost insurance penetration.

ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as Peak3.

Senangdali, a subsidiary of Malaysian Insure-Tech Senang.io, has partnered with Philippine fintech firm GoodTech, to offer loan protection insurance product specifically designed for rural banks in the Philippines, underwritten by local insurance providers.

Singapore-based insurtech Igloo has partnered with the Philippines’ mobile network Smart to offer phone protection plans for its growing 55 million subscriber base in the Philippines.

International insurtech firm discovermarket has announced its launch in the Philippines, starting with its partnership with Globe Telecom Inc. - a full-service telecommunications company in the Philippines, to launch its embedded personal cyber insurance product.

Grab-backed digital bank GX Bank Berhad (GXBank), Zurich General Insurance Malaysia Berhad and Zurich Life Insurance Malaysia Berhad, have jointly announced their ten-year exclusive bancassurance tripartite partnership to co-create micro protection products for underserved Malaysians.

Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.

Moneymax, the Philippines-based personal finance marketplace for financial products and a subsidiary of MoneyHero Limited, has on Friday announced its strategic partnership with FWD Life Insurance (FWD Philippines) to offer life insurance in the Philippines.

Singapore-based insurtech firm Igloo has on Wednesday announced its partnership with one of Indonesia’s unicorns and leading e-commerce companies, Tokopedia, to make purchase protection products more accessible and convenient for consumers.

PasarPolis, a Insurtech company based in Indonesia, has reported a 2 times revenue growth since its last funding round until 2023. It has maintained a positive gross margin since its first year of operation, demonstrating its financial strength and stability.