The second half of November was again filled with InsurTech news and the largest InsurTech conference in Asia of 2019, InsurTech Insights, took place in Hong Kong. AIP founder Theresa Blissing was at the conference together with several AIP alumni and shares some of the stories from the two-day conference.
In the news in the second half of November is Chinese startup Waterdrop which has surpassed 100M yuan in one-month premiums and Ant Financial’s mutual aid platform Xiang Hu Bao attracting 100 Million participants in one year.
Theresa, Rahul and Michael also talk about the shocking annual results of PolicyBazaar, which just got a major investment from Tencent, and about the trend of senior insurance executives to join and co-found InsurTech startups.
Other companies mentioned in this episode: