InsurTech Wingsure has entered into an agreement with the government of the south Indian state of Telangana to provide deep-tech-based personalised crop insurance products and advisory services to small, underserved farmers in the state.
bolttech, one of the fastest-growing international InsurTech unicorns, has extended its recently-announced $180m series A funding round led by Activant Capital Group, taking the series total to $210m.
Even as customers embrace the ease and convenience of digital self-serve channels, they still desire the assurance that is offered by a financial advisor, according to the personal finance comparison site, MoneySmart.
HDFC Life and IvyCamp have launched the fourth phase of Futurance, an on-going corporate engagement programme that identifies start-ups developing innovative and next generation capabilities.
The growth prospects of embedded insurance in the Philippines are seen as huge as the insurance market as a whole remains under-penetrated, according to UBX Philippines Corp which is the FinTech arm of UnionBank of the Philippines.
Insurance companies in China must meet six major conditions to qualify to conduct Internet P&C insurance business, according to the "Notice on Strengthening and Improving the Supervision of Internet Property Insurance Business (Draft for Comments)" issued by the Property Insurance Department of the CBIRC.
Developments in cloud computing, significant improvements in processing power, and a boom in digitisation, automation, and data, have led transformative activity in the insurance industry to pick up, according to Ms Tanja Magas, chief data and analytics officer at Democrance, a Dubai-headquartered insurance technology start-up which enables partnerships that make insurance accessible and affordable. compan
Rey Assurance, a dedicated and integrated health, life, and critical illness InsurTech company in Indonesia, has launched the company's AI-based proprietary product offerings for individual and group members, bundled with its unique health and wellness ecosystem, and $1m in pre-seed funding from the Taipei-headquartered Trans-Pacific Technology Fund (TPTF).
The Blockchain Insurance Industry Initiative (B3i) will develop distributed ledger technologies (DLT)-based solutions for the management of inter-nuclear pool reinsurance contracts.
An Asian health InsurTech has announced collaboration with several insurers across countries from Asia, Europe and Latin America. It has also spread its footprint across Southeast Asia (SEA) by adding Malaysia and Thailand to the SEA markets it serves.