InsurTech

Indonesian insurtech firm PasarPolis sees significant growth potential in Indonesia

With less than two percent insurance penetration, Indonesia presents a market with significant headroom for growth, Indonesia-based insurtech firm Pasar Polis said Monday.

Singapore’s Igloo extends weather index insurance to coffee farmers in Vietnam

Following the success of the weather index insurance for rice farmers, Singapore-based insurtech Igloo expands its blockchain-based parametric index insurance to coffee farmers.

Thai insurtech Roojai raises $42M Series B funding led by HDI International

Roojai, a Thai-based online business to consumer (B2C) insurtech, has announced a $42 million Series B funding round led by HDI International, the international retail insurance division of the German Talanx Group.

FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).

Thai insurtech startup Eazy Digital raises $850,000 in oversubscribed seed round

Eazy Digital, a Thai insurtech startup that provides digital platforms for insurance companies, has raised $850,000 in an oversubscribed seed funding round. The round was led by Wavemaker Partners, with participation from Seedstars International Ventures, Wing Vasiksiri, and Sasin Bangkok Venture Club.

PasarPolis becomes Indonesia’s first full-stack insurtech ecosystem with new strategic partnership

PasarPolis, an Indonesia-based insurtech firm, has become Indonesia's first official full-stack insurtech ecosystem, giving the company the ability to both distribute and underwrite its own digital insurance products.

Bolttech partners AIS for embedded protection services in Thailand

Singapore-based insurtech bolttech, has partnered with Thailand’s mobile network operator AIS, to deliver embedded protection services including mobile device switch and replacement services to AIS customers for the recently-launched AIS Care+ programme.

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…