August has seen some exciting developments with Insurtech and marked developments in digital adoption by Asian Insurers. The theme continues to be digital adoption to reach a traditionally untapped customer base. We start this episode with Chinese InsurTech Waterdrop who has raised US$230M Series D led by reinsurance giant SwissRe, alongside China-based internet firm Tencent. […]
The month started again with investment news from Indian unicorn PolicyBazaar. In July, Softbank invested USD 150 million and PolicyBazaar CEO called it a “mistake”. This month, Google is looking to do the same as part of the company’s India investment strategy. Meanwhile, Tesla has set up its first overseas insurance brokerage in mainland China. […]
InsurTech in India is not slowing down one bit and powerful US tech players are entering the market! While WhatsApp is currently piloting its insurance offerings, Amazon Pay has launched auto insurance in partnership with licensed InsurTech Acko. What is even more interesting, Amazon is offering extra benefits including additional discounts on premiums to Amazon […]
In my 2 years of following InsurTech in India, I’ve never been more excited! There are 3 topics to unpack today; time to buckle up! Amazon & Insurance Amazon’s interest in Insurance can be traced back to its $12M investment in neo-insurer Acko Insurance in 2018. 2019 should have been the year for Amazon & […]
