Another awesome month for InsurTech in Asia! Congratulations to PasarPolis for raising US$5M from the World Bank’s International Finance Corporation (IFC), which focuses on accelerating financial inclusion and literacy in developing countries...
It is only the first month of the New Year and we already have Asia’s first InsurTech unicorn of 2021. Certainly a promising start! Indian InsurTech and licensed general insurer Digit achieved a valuation of US$1.9 billion. The company was...
AIP News RoundUp – Episode 34 – Theresa Blissing and Michael Waitze – Is Bitcoin Bad for Blockchain?
Happy New Year! Asia InsurTech Podcast is back with more exciting news kicking off 2021! Grab Financial Group (GFG) starts the year with a bang, securing over US$300 million in their series A funding round. According to Grab, GFG increased its...
For the last News Roundup of 2020, Theresa Blissing, Michael Waitze, and Shefali Sonpar reflected on what 2020 meant for InsurTech and digital transformation and what 2021 might look like. 2020 was the year that insurers all over the world were...
December started with some major FinTech news. Grab-Singtel received the digital full-bank licenses issued by the Monetary Authority of Singapore (MAS). Only two digital full-bank licenses and two digital wholesale were awarded to four of the 21...
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...