AIP News RoundUp – Episode 19 – Rahul Mathur and Theresa Blissing – May 30 – Providing the Infrastructure to Go Digital


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 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.

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.

In this episode of the AIP News Roundup, the team talks about MicroInsurance, InsurTech in Singapore, and APIs. Riskcovry, an Indian based Insurtech startup focusing on API and distribution, has secured an undisclosed amount in Pre-Series A funding. JETCO, the Hong Kong Electronic Teller Services company, announced a partnership with insurtech start-up GoLion to offer insurance APIs via their API exchange platform JETCO APIX.

In Singapore, the Monetary Authority (MAS) together with the Singapore FinTech Association and AMTD Foundation, has set up a S$6 million FinTech Solidarity Grant to support startups impacted by the Covid-19 pandemic. Singaporean startup GoBear has received an additional US$17 million from its long-term Dutch investors Aegon and Walvis. This might be some additional cash to help the startup through COVID-19 and help them transform their business model.

Two exciting news items around MicroInsurance. India’s Rural InsurTech platform GramCover raises Pre-Series A Funding and Dubai based Democrance expands its partnership with AXA beyond UAE and Thailand to Egypt and Mexico. MicroInsurance for low-income groups is a large and widely untapped market but it comes with its own challenges around distribution. We are looking forward to more innovation happening in this space to bring insurance products to rural areas and vulnerable populations. 

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Other companies mentioned in this episode: Slice, Trov, PolicyPal, AIS

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