AIP News RoundUp – EP 48 – Theresa Blissing and Hugh Terry – There’s a Bit of a Broader Dynamic Here

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Michael Waitze worked in Global Finance for more than 20 years, employed by firms like Citigroup, Morgan Stanley and Goldman Sachs, primarily in Tokyo.  Michael lived and worked in Tokyo from February 1990 until December 2011.  Michael always maintained a particular focus on how technology could be used to make businesses more efficient and to drive P/L growth. Michael is a leader in the digital media space, building one of the biggest and fastest-growing podcast listener bases in the region.  His AsiaTechPodcast.com show has listeners in more than 170 countries and his company, Michael Waitze Media produces some of Asia’s most popular podcasts.

Theresa is the founder of the Asia InsurTech Podcast and a Thought Leader on innovation in insurance in Asia. She has worked for ten years for leading multinational insurers in Europe and Asia before turning to management consulting and venture building with the goal of transforming the insurance industry and helping shape its future in the region.

Guest
Hugh Terry

Hugh Terry, the founder of The Digital Insurer, is an experienced insurance professional with more than 30 years’ experience in the insurance industry covering insurance companies, business consulting as well as successful set-up and exit from his own businesses. Hugh is an actuary by profession. The Digital Insurer is the world’s largest knowledgebase and online community of more than 40,000 professionals who share a common purpose of working together to accelerate the digital transformation of insurance. The TDI Academy launched in 2020 is dedicated to providing best in class learning and development on digital insurance to help as many people as possible be part of our digital future.

Another busy month in InsurTech in Asia. Swiss Re and Chinese tech giant Baidu are teaming up to help advance autonomous driving. Autonomous vehicles will disrupt the motor insurance market and early partnerships might be the way to go. 

In Hong Kong, the Insurance Authority (IA) is exploring possibilities for an Open API Framework to facilitate data sharing and enable greater collaboration in the industry. And Hong Kong-based ZA Tech not only announced a new JV with travel and leisure booking platform Klook, but that it has achieved unicorn status. The company raised USD230mm+ in Series A funding from AIA, Chow Tai Fook, and Zhong An Technology. 

In Thailand, InsurTech Igloo has partnered with D2C healthcare marketplace HD and will offer health insurance products underwritten by Muang Thai Insurance (MTI) to the 6 million users on the HDmall platform. And Thai telco dtac launched insurance aggregator dtac dSurance on the dtac app in partnership with bolttech. The Asia InsurTech Podcast just recorded with bolttech CEO Rob Schimek. Stay tuned for the episode. 

In Malaysia, Tune Protect has announced a partnership with Indonesian InsurTech Qoala and will be offering motor insurance via their online insurance marketplace. We had both companies on the show before. Listen to the episode with Rohit Nambiar, CEO of Tune Protect and Harshet Lunani, founder and CEO of Qoala. 

If you are interested in the Indian InsurTech and digital insurance space, join us for the TDI Connect India event on December 16th. TDI will be launching the first digital insurance community in India and the AIP team will be there to connect with the community. Join here: https://bit.ly/3o4YS0a

And last but not least, if you are looking for inspiration for a new book to read over the upcoming holidays, the AIP News Roundup Team will be reading: The Age of AI: And Our Human Future by Henry A. Kissinger, Eric Schmidt, and Daniel Huttenlocher. 

Other companies mentioned in this episode: Lemonade, FWD 

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