Tagged: insurance technology

Insurtech: Hong Kong’s Technology Venture ZA Tech Global Partners with Travel Platform Klook

Klook, a travel and leisure booking platform and ZA Tech Global Limited, the technology venture established by ZA International and backed by Softbank’s Vision Fund 1, has  announced a joint venture that will aim to accelerate “the availability and accessibility of travel-related insurance to consumers… Read More

CaixaBank Teams Up with Insurtech Platform bsurance to Test Embedded Life Insurance Products

Spanish financial institution CaixaBank has teamed up with B2B2C Insurtech platform bsurance in order to implement and test out embedded life insurance products. The collaboration is reportedly a part of CaixaBank’s open innovation program, Innsomnia. bsurance has been chosen along with seven other startups from… Read More

Insurance Cooperative NTUC Income to Expand into Indonesia, Vietnam, Malaysia

NTUC Income, an insurance cooperative based in Singapore, has reportedly made its first efforts to expand into three other Southeast Asian markets including Indonesia, Vietnam and Malaysia. NTUC Income has entered strategic partnerships with PT Central Asia Financial (JAGADIRI) in Indonesia, Post and Telecommunication Joint… Read More

10 Startups Chosen for the Second F10 Incubation Program for Fintech, Insurtech in Spain

F10 Spain has announced 10 high-potential startups that are joining the second cohort of its Incubation Program in Barcelona. Chosen from over 180 national and global applications, this batch aims to bring innovative business models and trends, includes more female founders and “a good mix… Read More

Insurtech: AI enhanced Platform Arturo Joins Amazon Web Services Partner Network

Arturo, an artificial intelligence-powered platform that derives property insights and predictive analytics from aerial and satellite imagery, announced that it has joined the Amazon Web Services (AWS) Partner Network (APN). By joining the APN, Arturo becomes part of the international community of Partners that are… Read More

Digital Insurer Bowtie Secures $22.6M to Expand Operations across Asia, with Mitsui leading Series B1 Round

Bowtie, which claims to be Hong Kong’s first digital insurer, announced earlier this week the completion of a $22.6 million Series B1 round that was led by Mitsui & Co., Ltd., with participation from existing investor Sun Life Hong Kong Limited. Mitsui is one of… Read More

Insurtech: NEXT Insurance Announces Availability of Embedded Insurance Solution for Small Business Software Ecosystems

NEXT Insurance, the digital Insurtech firm transforming small business insurance, has announced the availability of NEXT Connect, a trusted embedded insurance solution for small business software ecosystems in the US. As mentioned in a release shared with Crowdfund Insider, NEXT Connect enables small businesses to… Read More

Insurtech: PayMaya and bolttech to Make Insurance More Accessible for Consumers in Philippines

PayMaya Philippines has partnered with bolttech, a global Insurtech, in order to give Filipinos easier access to “affordable” microinsurance and services delivered “seamlessly on the PayMaya app with PayMaya Protect.” Through the partnership, PayMaya‘s clients may benefit from relevant and “easy-to-understand” coverage in the PayMaya… Read More

Insurtech: Digital Insurance Provider GetSafe Extends Series B Round to $93M

Getsafe, a digital insurance service provider that’s focused on serving Millennial buyers in Germany and the United Kingdom, confirmed that it has now extended its Series B round to $93 million. You might have heard already: We are excited to share that we extended our… Read More

Insurtech Overalls Introduces First All-In-One Insurance Protection Portfolio

Overalls, which claims to be the first personalized, all-in-one protection platform, is “shaking up” how worker benefits are packaged by taking an innovative approach to insurance that “combines life, personal-line and entirely new protection products into algorithmically optimized and personalized portfolios to celebrate life’s ups… Read More

Muang Thai Life, ZA Tech Form Tech Partnership to Embed Insurance in Consumers’ Lives

Muang Thai Life Assurance Pcl., one of the largest life and health insurance firms in Thailand, has entered a partnership with ZA Tech Global Limited, the technology venture established by ZA International and backed by Softbank’s Vision Fund 1. The partnership marks both parties’ commitment… Read More

Malaysian Insurtech PolicyStreet Finalizes $6M Series A led by Altara Ventures, Others

Malaysia-headquartered Insurtech company PolicyStreet.com reveals that it has finalized a RM 25 million (appr. $6 million) Series A round over two separate tranches. The Insurtech firm’s recent investment round has been led by Altara Ventures, Auspac Ventures, Gobi Partners, along with contributions from the Leong… Read More

Zurich Insurance Group Teams Up with Toronto’s Insurtech BOXX Insurance

Zurich Insurance Group recently entered an international partnership with Toronto-headquartered Insurtech firm BOXX Insurance (BOXX), which offers integrated cybersecurity and insurance services to SMEs, individual consumers and families. As noted by its management, BOXX Insurance Inc. is a new type of insurance firm for “a… Read More

GCash Introduces Online Shopping Protection with Southeast Asian Insurtech Firm Igloo

Philippines’ digital wallet provider GCash has introduced an online shopping insurance option – underwritten by PGA Sompo – with Singapore-based Insurtech Igloo, in order to protect its growing online client base. As mentioned in a release shared with CI, this launch and partnership come at… Read More

Digital Asset, a Software Firm Building Interconnected Networks, to Conduct Hackathon

Digital Asset, a software and services provider that assists enterprises with building economic value via interconnected networks, has unveiled a 6-week online hackathon, which will be hosted in partnership with SE2, which is a life and annuities insurance tech and services provider. As noted in… Read More

Insurtech bolttech Finalizes $210M Series A Round led by Activant Capital Group

bolttech, one of the fastest-growing global Insurtech unicorns, reveals that it has completed an extension of its $180 million series A round that was led by Activant Capital Group, bringing the series total to $210 million. As mentioned in a release, this is the largest… Read More

Insurtech Concirrus Introduces Next-Gen Platform for IoT or Internet of Things Enabled Insurance Sector

Insurtech firm Concirrus has introduced its next-gen platform for the (Internet of Things) IoT-enabled insurance sector. This new modular tech offering, which aims to leverage Concirrus’ extensive investment expertise and experience of working within the insurance market, will “allow insurers to accelerate their transition to… Read More

UAE based Medical Fintech Klaim Secures $1.6M via Pre-Series A Round

UAE-headquartered healthcare financing platform Klaim has acquired $1.6 million via a pre-Series A round. Klaim’s investment round has been led by Mad’a Investments, a private equity company based in Saudi Arabia. Other investors also made contributions to the round, including Arzan Venture Capital and Wealth… Read More

Hong Kong Insurtech OneDegree Secures $28M via Series B1 from Sun Hung Kai & Co., Others

Hong Kong-based OneDegree, an Insurtech firm under the Cyberport Incubation Program, revealed on August 30, 2021 that it has secured $28 million in capital through a Series B1 round. The company has secured more than $70 million, to date. As noted by its management: “In… Read More

Steady Fintech Investments in MENA Region Now Fueling Growth of Digital Economy: Report

Fintech investments are fueling growth in the MENA region’s digital economy as consumers increasingly begin to conduct cashless transactions, following the Coronavirus outbreak. The region’s financial technology space is also benefitting from updated regulatory guidelines that may be more conducive for growth, according to consultancy… Read More

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