InsurTech
Blockdaemon, OneDegree team up for digital asset insurance
OneDegree, a Hong Kong-based insurance provider for digital assets, has teamed up with Blockdaemon, a United States-based blockchain infrastructure platform that connects institutions to prominent networks, to offer digital asset insurance.
Hailstone Labs invests in InsurTech firm OneDegree to facilitate digital asset legalization
Hailstone Labs, a Hong Kong based Web3 venture studio, has announced a strategic investment in OneDegree Group, a InsurTech company with business across Asia. The collaboration aims to establish standards, facilitate blockchain technological advancements and development talents in the Web 3.0 sector.
Former Allianz Indonesia CEO joins PasarPolis as President
Indonesia-based insurtech startup PasarPolis has appointed industry veteran Peter Van Zyl as its President. Former Director and Chief Executive Officer of Allianz Indonesia, Van Zyl will bring his deep expertise and leadership to bear on the firm's ongoing mission to democratize insurance.
Khazanah-backed insurtech firm PolicyStreet aims to serve underserved & underinsured communities including gig workers [Q&A]
TechNode Global recently spoke to its Co-Founder and Chief Executive Officer Yen Ming Lee to learn more about the company’s plans after its latest funding round, what are the opportunities and challenges the company sees in the insurance industry.
Carsome partners PolicyStreet to introduce personal accident coverage in Malaysia
Malaysia-based user car platform Carsome has partnered InsurTech firm PolicyStreet to introduce Carsome Care+, a car personal accident coverage that also covers car loan payments in the event of unemployment.
Hong Kong’s OneDegree receives venture debt financing from HSBC
OneDegree Group, a Hong Kong-based InsurTech company, has on Thursday announced that the group has closed its first venture debt financing transaction with HSBC. The facility is provided under the HSBC New Economy Fund.
Thailand’s Roojai acquires FWD General Insurance Public Company to boost market share
Roojai, Thailand’s online insurance provider, has on Monday announced it has agreed to acquire FWD General Insurance Public Company Limited in Thailand. With this acquisition, Roojai will substantially increase its market share in Thailand with a combined portfolio of over $50 million in annual premium.
Hong Kong’s OneDegree closes $55M Series B round to expand digital assets insurance
Hong Kong-based insurtech firm OneDegree Group has on Thursday announced that it has closed additional funding, taking its Series B round to $55 million. The new funding will be used to expand OneDegree Group’s digital assets insurance business and insurtech offerings globally as well as to broaden the product offering and deepen the market penetration of…
Singapore’s Igloo launches new insurance products across Southeast Asia
Singapore-based insurtech firm Igloo has launched a range of new insurance products aimed at addressing emerging risks and the underserved needs of consumers and businesses in Southeast Asia.
Khazanah leads PolicyStreet’s $15.3 million Series B fundraising round
Malaysia's sovereign fund Khazanah Nasional Berhad (Khazanah), under its Dana Impak mandate, recently led a Series B fundraising round of a Malaysian homegrown insurance technology (InsurTech) company, PolicyStreet, raising a total of $15.3 million. PolicyStreet recent fundraising round also garnered strong support from other local and international…
