September ends with more investment news. GirnarSoft will invest $20 million in its omnichannel insurance subsidiary InsuranceDekho. The funds will be used to strengthen InsuranceDekho’s transaction businesses and expand deeper into the country with its B2C platform.
Singaporean InsurTech Igloo is in the news again with the launch of PandaCare together with food delivery company FoodPanda in Thailand. PandaCare will include motor insurance from MSIG Insurance, personal accident insurance from Cigna Insurance, and daily hospitalisation income protection from Tune Insurance. Igloo is expanding rapidly across Southeast Asia and PandaCare is its second product in the Thai market after launching its smartphone protection with one of the major telco providers.
Watch to the fireside chat with Igloo Country Head Thailand, Chancharas Chantarakarn during ITC + DIA WorldTour Thailand:
ICICI Prudential Life launches an AI-powered voice chatbot on Google Assistant which sparks the conversation around conversational AI. While conversational AI is surely the way moving forward, the team raises the question if plugins into virtual assistants like Google and Alexa is the best way to spend time and resources on at this point in time. Listen to our chat with Ravi Saraogi from Uniphore about conversational AI here.
In Vietnam, InsurTech Papaya launched a TPA platform with FWD to provide 24h e-claim service. If you would like to learn more about the Vietnamese market and InsurTech Papaya, listen to our episode with Hung Phan, co-founder, and CEO of Papaya here.
And the team would like to congratulate Skye Theodorou from Upcover for coming in second for the Female Founder in InsurTech Award 2020. In the end, it is the diversity that will accelerate innovation! Find our episode with Skye here.
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