InsureCow, a provider of livestock insurance and management services which was founded in 2022, is expanding its reach across Bangladesh, with plans to venture as well into other emerging markets.
Many insurance companies in Asia Pacific are starting to implement advanced technology platforms to better capture additional business in a fast-growing region for the industry, according to a new research report published by Nasdaq-listed Connecticut-based Information Services Group (ISG), a global technology research and advisory firm.
CPIC Investment Management (HK) Company Limited (CPICIMHK), the Hong Kong incorporated investment management subsidiary of China Pacific Insurance Group (CPIC), and Swiss-headquartered AMINA Group that provides provide crypto services, have formed a strategic partnership.
The Tunisian Federation of Insurance Companies (FTUSA) has launched an information system to help users determine the sale prices of new or used cars, according to the federation's executive director, Mr Hatem Amira.
Bank Negara Malaysia (BNM) yesterday issued the "Policy Document on Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITOs)".
In a bid to provide more opportunities for insurance companies and fintech firms to co-develop innovative insurance products, the Financial Supervisory Commission of Taiwan (FSC) now allows cross-industry collaborations.
Artificial Intelligence may represent a major leap forward for the insurance industry, but it is very unlikely to replace actuaries, according to Mr Olusegun Omosehin, head of the National Insurance Commission (NAICOM). He added that NAICOM supports the federal government's goal of making Nigeria the AI hub for Africa.
The Central Bank of the UAE (CBUAE) has issued the Sandbox Conditions Regulation, which aims to attract start-ups and global FinTech businesses.
Nasdaq-listed Huize Holding, a leading Chinese insurance technology platform connecting consumers, insurance carriers and distribution partners, has expanded its global footprint with the acquisition of Global Care Consulting Joint Stock Company (Global Care), a pioneering InsurTech company in Vietnam specialised in digital transformation solutions for the insurance industry.
Cheche Group, China's leading auto insurance technology platform, has entered into a partnership with NIO Insurance Broker Co, a subsidiary of EV manufacturer NIO, as Cheche continues to deepen its collaboration with new energy vehicle (NEV) manufacturers.