Industry Segments: Insurtech Page 9 / 12
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- January 14 2021
Vietnam’s MoMo raises US$100m in Series D round
The insurtech’s partnership with state-owned Bao Viet offers motor, health and travel coverage.
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- January 13 2021
Insurtech Concirrus hires marine duo for Asia push
The data and tech firm is looking to capitalise on a hardening market.
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- January 8 2021
Jack Ma debacle a cautionary tale for insurers
The saga surrounding the Alibaba founder highlights regulators' struggle with innovation.
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- January 6 2021
Singapore insurtech GoBear shutters doors
An inability to raise new funds amid Covid-19 cited as the reason for the closure.
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- January 5 2021
South Korea’s Kakao seeks approval for digital P&C unit
Motor insurance to be initial focus ahead of H2 2021 launch.
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- December 23 2020
ZA Tech partners with Indonesian payment giant OVO
ZhongAn is the latest Chinese giant to move in to the fast-growing market.
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- December 18 2020
Asia insurtech fundraising 2020 review
Waterdrop’s US$230m “mega round” with Swiss Re was the largest deal this year.
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- December 15 2020
Prudential Financial VC fund eyes APAC insurtechs
PruVen Capital will hold US$300m in capital in its first fund.
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- December 9 2020
CBIRC head flags digital P&C growth
Insurtech set for more oversight as premiums increase by 44% in H1 2020.
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- December 7 2020
Insurtech partnerships to drive Asia’s digital acceleration
Q3 saw significant deals inked in China and Indonesia.
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- December 4 2020
DouBao, EasiTech, Ignatica eye digital sales platform
Insurtechs target US$5bn in new GWP sales per year taking Amazon and Netflix as inspiration.
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- November 30 2020
Samsung Fire & Marine signs joint venture with China’s Tencent
Deal with South Korean digital giant Kakao failed over access to motor insurance business.
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- November 26 2020
Mitsui Sumitomo invests US$350m in insurtech Hippo
Japanese giant and US start-up ink partnership, which includes a reinsurance treaty.
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- November 24 2020
China’s Waterdrop raises additional US$150m from Tencent: report
Chinese giant increases stake in healthcare start-up which could be valued at US$4bn.
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- November 18 2020
Indian insurtech Turtlemint bags new US$30m fundraise
The insurtech is looking to expand into second and third tier cities.
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- November 11 2020
HK insurtech Coherent lands US$14m funding boost
Cathay Innovation and Franklin Templeton back a firm focused on actuarial work and tech in Asia.
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- November 9 2020
Acko’s US$200m fundraising highlights India’s fast-growing insurtech sector
The market is primed for more digital-only players and greater investment.
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- November 5 2020
HK Fintech Week: IA’s Cheung praises market’s adaptation
'Virtually available' products this year helped generate around US$40m of GWP.
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- October 30 2020
Galileo’s private blockchain unlocked by Singlife Philippines
The partnership is the first of its kind with an insurer.
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- October 28 2020
Mega-deals fuel Asia insurtech as funding surges: WTW
Huge life and health fundraisings in China and India led the way in Q3.
