InsurTech
Singapore’s Igloo closes $36M Pre-Series C fundraise with 50 percent valuation increase
Singapore-based insurtech Igloo has on Monday announced that it has closed a $36 million Pre-Series C funding round. Global investment firm Eurazeo, through its insurtech fund backed by the insurer BNP Paribas Cardif, led the investment.
Japan’s Sumitomo Life invests additional $133M in Singapore’s Singlife
Singapore homegrown financial services company Singlife has on Wednesday announced Japanese insurance company Sumitomo Life Insurance Company (Sumitomo Life) has increased its investment in the company by way of a capital injection amounting to SGD 180 million ($132.64 million).
OneDegree Global, Eazy Digital forge strategic alliance to offer innovative solutions for insurance providers
Singapore-based insurance technology solutions provider OneDegree Global (OneDegree) and Thailand-based sofeware as a service (SaaS) insurtech startup Eazy Digital have joined forces in a strategic partnership aimed at setting a new standard in Asia's insurance sector.
South Korea’s Shinhan EZ enters Indonesian insurance market via partnership with Tap Insure
Shinhan EZ General Insurance, a subsdiairy of South Korean conglomerate Shinhan Financial Group Co. Ltd, is entering Indonesian insurance market via the partnership with Tap Insure, a strategic partner within the PasarPolis insurtech ecosystem.
Singaporean insurtech bolttech partners Three Sweden for device protection
Singapore-based insurtech, bolttech has on Monday announced its partnership with Three Sweden, an innovative telecommunications service provider based in Sweden, to offer comprehensive device protection solutions to customers both online and in-store. The partnerhip strengthens its existing collaboration with CK Hutchison Holdings (CKHH), building on other…
Insurtech Igloo scores mobile partnerships with OPPO and realme to offer after-sales care in Southeast Asia
Singapore-based insurtech firm Igloo has forged its first mobile partnerships with China-based consumer electronics manufacturers OPPO and realme to offer after-sales care in Southeast Asia. The partnership has launched in Singapore with OPPO and in the Philippines with realme, with plans to roll out into other markets, including Indonesia, Vietnam,…
Thailand insurance firm Roojai completes DirectAsia acquisition
Roojai, a Thailand-based online insurance company, has on Wednesday announced that it has completed the acquisition of Singapore-based insurance firm DirectAsia group. Roojai has entered into an agreement to acquire DirectAsia group from Hiscox.
Singapore’s bolttech raises $50M in Series B round led by LeapFrog Investments
Singapore-based insurtech bolttech has raised $50 million in Series B round led by impact investment firm LeapFrog Investments. The investment adds to bolttech’s recent Series B funding round, now totalling $246 million, the largest ever Series B round for an insurtech.
Hong Kong’s Bowtie secures $34.9M Series B2 funding to fuel expansion and innovation
Bowtie, a Hong Kong-based virtual insurer, has announced the successful completion of a $34.9 million Series B2 funding round. The round was led by main investor Sun Life Hong Kong Limited, with further participation by Mitsui & Co., Ltd.
Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital
Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.
