November ends with more news from Singlife. The newly formed holding company Aviva Singlife issues S$550m subordinated notes to be listed on the Singapore Exchange. The money collected will be used for funding the purchase of Aviva Singapore...
November started with some exciting blockchain news. Singlife Philippines adopts Galileo’s blockchain solution as their insurance core policy administration system. After years of proof-of-concept projects, this is Galileo’s first implementation and...
October ends with the theme of conglomerates entering insurance. Chinese tech conglomerate Tencent is applying for a re-insurance license which seems to be part of their overall strategy all along. In 2017, Tencent has already launched its insurance...
Mid-October is seeing some very interesting developments in the Asian InsurTech space. The product and services space is bursting with innovative offerings. This week’s News RoundUp started with a discussion of CoverGenius’ $12M capital...
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...
This week’s News Roundup is all about new rounds of funding and how InsurTechs are looking at the opportunity to capture new markets. We covered the announced merger of Singlife and Aviva Singapore. The combined entity will initially be known...
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...
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...