InsurTech

PasarPolis partners Gojek to expand insurance access in Indonesia

Indonesian insurtech firm PasarPolis has announced a major expansion of its strategic partnership with GoTo Group's on-demand service firm Gojek, to expand insurance access in Indonesia.

OneDegree achieves first operating profit in third quarter

OneDegree Group, a cyber security and insurance group, announced Wednesday that it has reached its first operating profit in the third quarter of 2024, marking a significant milestone for both the group and its insurance arm.

Hong Kong’s OneDegree partners Saudi Arabia’s Walaa for digital asset insurance

OneDegree, the Hong Kong-based licensed insurer for digital assets, has inked a deal with Walaa Cooperative Insurance Company, an insurance and reinsurance company in the Kingdom of Saudi Arabia, to support OneDegree as a reinsurer for its market-leading digital asset products globally.

Indosat Ooredoo Hutchison partners Zurich Asuransi Indonesia to provide insurance offerings

The collaboration will utilize Indosat’s ecosystem of over 100 million users to offer protection solutions to various segments of society. Zurich will provide products through Indosat’s app, including reimbursement of postpaid bills and travel insurance for flight cancellations, lost luggage, and emergency medical needs.

Zurich Malaysia collaborates with GXBank to launch cyber protect digital insurance product

Zurich General Insurance Malaysia Berhad and GXBank Berhad have announced the launch of Cyber Fraud Protect offered within the GXBank application and powered by Zurich Edge platform.

EY: SEA’s InsurTech deal value jumps more than four times to $2.35B in 2023

Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, SEA’s InsurTech sector saw a surge in deal value in 2023 – a development not seen since 2020, Ernst & Young Global (EY) said in its recent report.

Igloo partners TrueMoney to provide critical health insurance products to Thai users

Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.

Prudential partners Google Cloud to build innovative insurance products with AI

Global insurance firm Prudential plc and cloud computing services provider Google Cloud have on Thursday announced an expanded strategic partnership to build innovative artificial intelligence (AI)-powered products and applications that will help enhance customer, agent and employee experiences.

Indonesia’s Qoala appoints new board members and launches ESOP buyback to fuel growth across Southeast Asia

Indonesia-based insurTech company Qoala has on Tuesday announced the addition of two key leaders, Randy Lianggara and Yujun Chean, to its board as part of its regional strategic moves to bolster its presence in the region as the premier provider of diverse protection products.

Indonesia’s PasarPolis eyes expansion into Singapore

Indonesia-based insurtech firm PasarPolis said Tuesday that it is now poised for profitable growth and is preparing for its next major step: expansion into Singapore.