AIP News RoundUp – EP 61 – Theresa Blissing and Michael Waitze – InsurTech Has Grown Up, in a Way

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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 130 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.

What an amazing year for InsurTech in Asia and globally. Michael and Theresa review for the last time in 2022 the InsurTech news in Asia and make some predictions for 2023.

At the end of 2022, we see more InsurTech accelerators and funds launching. In Malaysia, FWD and Artem Ventures launched a RM45 million fund to invest in emerging Malaysian Insurtech and Islamic Fintech startups. In Singapore, Singlife with Aviva launched Singlife Connect, an accelerator programme to spur the growth of promising insurtech startups.

In Hong Kong, bolttech selected Sapiens for their P&C Core Transformation. A reminder that bolttech grew mostly through acquisition and therefore has a legacy to manage. 

Another Hong Kong InsurTech made it into the news. Throughout the years, Yas InsurTech has always been very timely with their product launches. So it’s no surprise that they are launching a new travel insurance offering in time for Hong Kong to relax their Covid restrictions. Happy traveling Hong Kongers! 

S&P Global has published the top Asian fundraisers in InsurTech. You can find the article here. Many familiar faces including PolicyBazaar, Turtlemint, Digit, Qoala and Coherent. What will 2023 bring for InsurTech in Asia? What is already certain, we will be here to follow the latest developments in Asia and globally. 

Happy New Year everyone! 

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