Sunday, April 22, 2018

Digital

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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Korean online insurance supermarket to launch next week

Korean online insurance supermarket to launch next week

The Insurance Damoa website will let customers compare different insurance plans online.

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Allianz teams with Baidu for online China JV

Allianz teams with Baidu for online China JV

The new venture will offer a range of products, including travel, health and internet finance insurance.

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Chinese car insurers to use big data in pricing

Chinese car insurers to use big data in pricing

Usage-based insurance in the Chinese auto sector could be a US$47 billion market by 2020.

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Indian insurers to spend US$2.16bn on IT in 2016

Indian insurers to spend US$2.16bn on IT in 2016

American research firm Gartner says Indian insurers are prioritising IT investments, digitalisation.

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Online insurance still unpopular in Taiwan

Online insurance still unpopular in Taiwan

Regulators aim to remove roadblocks that hamper online insurance sales after a lacklustre year.

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Global cybersecurity spending to hit US$75.4bn

Global cybersecurity spending to hit US$75.4bn

Growth in global interconnectedness is driving spending up, according to Gartner research.

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Malaysians buying more life insurance online

Malaysians buying more life insurance online

U for Life is investing up to M$5m over the next 12 months in its internet platform.

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Generali launches Obi app in Vietnam

Generali launches Obi app in Vietnam

Generali has struck a deal to embed its native insurance app in Obi mobile phones in Vietnam.

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Tencent to set up China’s first Internet-based life insurer

Tencent to set up China’s first Internet-based life insurer

The Chinese internet giant is partnering with state-owned firm Citic Guoan on a new internet venture.

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Alibaba and the disruption of China’s insurance industry

Alibaba and the disruption of China’s insurance industry

Jack Ma’s empire is vying for a significant share of China’s insurance industry through disruptive online innovations.

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China urges insurers to go digital

China urges insurers to go digital

Insurance regulator CIRC has issued guidelines to encourage insurers to use the internet to reach more clients.

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Breeding insurance innovation in Singapore

Breeding insurance innovation in Singapore

Singapore’s efforts to become a 21st century insurance hub are paying dividends as insurers set up innovation centres in the Lion City.

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Insurers ill-prepared for digital transition

Insurers ill-prepared for digital transition

Insurance executives reportedly lack confidence in adopting digital technologies, according to Bain & Co report.

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China to support online insurance businesses

China to support online insurance businesses

China’s central bank is encouraging insurers and other financial institutions to improve their online offering.

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Specialist warns of over-reliance on cyber insurance

Specialist warns of over-reliance on cyber insurance

Security specialist Carl Leonard says companies’ over-reliance on cyber insurance could result in security breaches.

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Malaysia’s Islamic insurers investing more in technology

Malaysia’s Islamic insurers investing more in technology

Takaful operators plan to double the number of Islamic insurance policyholders in five years.

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Max Broodryk, XL Catlin

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