Prudential launches fintech programme in SingaporeOctober 20 2017 by InsuranceAsia News Staff
Prudential Singapore aims to collaborate with financial technology (fintech) startups globally and to co-develop digital solutions for customers through the Pru Fintegrate partnership programme.
Launched in Singapore, the programme offers fintech startups the chance to build and to validate prototypes at scale and speed, the insurer said in a statement.
The programme works with startups that offer a solution to one of the 19 insurance-related problem statements listed and selected by Prudential.
The digital solutions that the partnership will produce will be applied to the entire value chain, from helping customers understand how to address their insurance gaps, to simplifying their insurance purchases and claims processes.
The insurer added fintech startups from anywhere around the world can participate in the Pru Fintegrate project in Singapore.
- July 12
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.
- June 29
Fuelling the growth will be the internet of things, as well as the shift of insurers' focus to customer-centric strategies.
- May 24
Consumers are favouring apps and third-party platforms ahead of through insurers' websites.
- April 17
The British insurer is aiming to boost investment in technology in the region over the next several years.