InsurTech
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.
Singapore’s Hive Health raises $6.5M Pre-Series A funding from Sy family-backed Gentree Fund and others
Hive Health, a digital health insurance company based in Singapore, has raised $6.5 million in Pre-Series A funding to transform healthcare access for more small and medium-sized enterprises (SMEs) in the Philippines.
Malaysian Central Bank to issue licenses to digital insurers that meet requirements
Malaysian Central Bank has on Wednesday issued the policy document on licensing and regulatory framework for digital insurers and Takaful operators (DITOs).
Igloo shares strategies for insurers to attract Gen Z and boost insurance penetration
Singapore-based regional insurtech Igloo has shared strategies for insurers to attract Gen Z and boost insurance penetration.
Singapore’s ZA Tech raises $35M in Series A funding led by EQT
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.
