AIP News RoundUp – Episode 17 – Rahul Mathur and Theresa Blissing – April 30 – Moving On from Cats and Dogs to Humans

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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.

Guest
Rahul Mathur

Rahul is the Startup lead at Accenture’s FinTech Innovation Lab in London. Prior to joining Accenture, he was an Insurance Product Manager at Laka Insurance, a London headquartered early stage InsurTech start-up which recently won at the British Insurance Awards 2019.  Rahul holds a master’s degree in Statistics from the University of Warwick. He is an Ambassador at the Asia InsurTech podcast.

The end of April saw some impressive funds raised in InsurTech. Singaporean Axinan has raised USD 8.2 million and rebranded into Igloo. The Company has used the Igloo brand previously only for their consumer-facing protection plans. End of 2019 we had founder Wei Zhu on the show. You can find the episode here and a panel we recorded here

Another AIP alumni secured series A funding. Indonesia Qoala raised USD 13.5 million led by Centauri Fund, a JV between funds from South Korea’s Kookmin Bank and Telkom Indonesia, and with participation from Sequoia India. You can find our episode with co-founder Harshet Lunani here and a panel we recorded with co-founder Tommy Martin here

Another company raising money is Malaysian PolicyStreet. The startup has chosen a crowd-funding strategy and has already surpassed its goal of RM 4 million (USD 930k) with almost 3 weeks left to go. 

Big news coming out of Hong Kong as well with OneDegree securing a digital insurance license as the first tech startup. The Company is offering pet insurance in the Hong Kong market but has plans to offer health and cyber protection in the near future. 

Other companies mentioned in this episode: Flipkart, Gojek, Grab, PasarPolis, Blue, Bowtie, Avo Insurance, Cover Genius

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