Industry Segments: Digital Page 1 / 7
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- October 5
Indonesia and Thailand ripe for digital disruption
Bain & Co finds customers are happy to consider purchasing products from tech savvy market entrants.
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- October 5
Taiwan’s regulator examining online-only model
The Financial Supervisory Commission is considering its approach to web-only insurance companies.
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- September 14
Digital Hong Kong
Two insurers, Blue and OneDegree, are vying to be known as the city’s first true digital players.
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- September 13
Blue starts operations as digital life insurer in HK
The city's first purely digital life insurer will capitalise on its direct selling ability to offer lower rates.
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- September 4
Online P&C insurers growing rapidly in China
Online-only insurers took a 24% share of P&C premiums during the first half of the year.
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- August 6
Online insurance set for dramatic growth in India
The sector is expected to grow to US$8.7bn over the next five years, according to RenewBuy CEO.
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- July 24
Crypto insurance attracts more firms
Underwriters can charge crypto companies far more than the average business for coverage against loss or theft.
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- July 12
Lloyd’s launches new digital distribution platform
Lloyd’s has launched a new digital distribution platform – Lloyd’s Bridge – designed to quickly, easily and efficiently connect insurance businesses and entrepreneurs with Lloyd’s underwriters.
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- June 29
Digital insurance platform market to grow 13.7% a year
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
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- May 24
China’s online property insurance premiums rebound
Consumers are favouring apps and third-party platforms ahead of through insurers' websites.
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- April 17
Prudential aims to double earnings in Asia
The British insurer is aiming to boost investment in technology in the region over the next several years.
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- February 28
Paytm seeks insurance licence
The online payments company is set to file an application to operate as a life and general insurer.
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- February 21
US$375bn awaits insurance innovators, says Accenture
The largest of these revenue growth opportunities will arise in Asia Pacific, a new report says.
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- February 13
Life firms embracing digitalisation to battle stagnation
Insurance companies are integrating technology to prevent loss of market share to startups, says Deloitte.
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- February 9
China’s Sina to venture into internet insurance
The tech firm follows in the footsteps of the country's big three internet players Alibaba, Tencent and Baidu.
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- February 2
Rakuten takes on Japan’s big three
The Japanese e-tailer’s acquisition of Asahi Fire & Marine shows how tech players are set to disrupt.
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- January 31
Korea to increase number of online insurers
The regulator's aim is to lower barriers to entry and ramp up competition in the country's financial sector.
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- January 26
Muang Thai Life plans more regional expansion
It will focus on Myanmar, Indonesia, Malaysia and the Philippines after the success of JVs in Indochina.
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- January 16
Fintech start-up Jirnexu banks on insurance as growth driver
The South-East Asian financial technology startup has said that insurance will account for up to 30% of its growth.
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- January 9
Ping An value hits US$101bn in 2017
The stock of Ping An Insurance Group Co continues to soar, despite the lack of hype that insurers have as compared with tech companies.
