Monday, February 26, 2018

Digital

Innovation and industry transformation on agenda of IIS forum

Innovation and industry transformation on agenda of IIS forum

More than 50 executives and experts will participate on the program at the IIS Global Insurance Forum.

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Internet-connected underwriting

Internet-connected underwriting

Many common risks will be completely transformed by the internet of things, but there will be no shortage of new liabilities.

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Alibaba sets up online health cover JV

Alibaba sets up online health cover JV

The company, founded by Jack Ma, has teamed up with six other investors to establish a partnership with China Taiping.

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Korean online sales growing rapidly

Korean online sales growing rapidly

Sales have more than quadrupled since 2012, according to the Korea Life Insurance Association.

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Zhong An posts US$30m net profit in 2015

Zhong An posts US$30m net profit in 2015

China’s first and only internet insurance licence holder saw premiums grow 200% to US$339m last year.

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China’s Huize Insurance completes US$31m series B fund

China’s Huize Insurance completes US$31m series B fund

One of the top online insurance agency platforms in China has received financing from unidentified Chinese investors.

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Time for a fintech moonshot to spur innovation

Time for a fintech moonshot to spur innovation

An analyst at Citi has made the “audacious” suggestion that Google should shake up the industry by buying AIG.

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China approves new online insurance venture

China approves new online insurance venture

CIRC has approved Shenzhen Infogem Technologies’ registration to operate an online insurance firm.

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Cyber incidents among top threats to businesses, says Allianz

Cyber incidents among top threats to businesses, says Allianz

An Allianz survey shows that more businesses now consider cyber incidents among the major new threats to business.

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Indonesian firms target country’s 88 million internet users

Indonesian firms target country’s 88 million internet users

With just 2.5% insurance penetration, more companies are going online to win customers and boost premiums.

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China’s life market forecast to become world’s third biggest

China’s life market forecast to become world’s third biggest

McKinsey predicts double-digit growth during the next five years as it shifts focus to pursue value-creation.

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Global firms commit US$1bn to tech start-up investment

Global firms commit US$1bn to tech start-up investment

Ping An among insurers making digital investment in a bid to stay competitive and boost profitability.

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IKBZ plans Myanmar’s first online insurance platform

IKBZ plans Myanmar’s first online insurance platform

The company aims to launch its online platform this month to list its 11 different insurance policies.

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Baidu aims to become major auto insurance seller in China

Baidu aims to become major auto insurance seller in China

Online search giant aims to capture 30% of the market in the next three years.

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Telematics market to hit US$2.21bn by 2020

Telematics market to hit US$2.21bn by 2020

MarketsandMarkets says the telematics market is growing at an annual rate of 20.9%.

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Chinese insurer ZhongAn tops Fintech 100 list

Chinese insurer ZhongAn tops Fintech 100 list

The list, compiled by H2 Ventures and KPMG, also featured six other Chinese companies.

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Internet of things: unique opportunity for Asia insurers

Internet of things: unique opportunity for Asia insurers

Asia’s willingness to adopt technology could help to improve insurance affordability.

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Korea’s online car insurance competition heats up

Korea’s online car insurance competition heats up

A new online insurance supermarket is creating fierce competition among car insurers.

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Nina Klingspor, Allianz Global Corporate & Specialty

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