Nine insurance companies have signed an MoU with the Central Depository Company of Pakistan (CDC) to set up Pakistan's first centralised auto insurance repository, under the guidance of the Securities and Exchange Commission of Pakistan (SECP).
Iyunbao, a technology service platform company that provides solutions for insurance entities using technologies such as artificial intelligence and big data, is the latest InsurTech to announce plans for a listing in the US.
The Financial Services Commission (FSC) has announced that the Act on the Protection of Virtual Asset Users, aimed at establishing sound order in the virtual asset market and ensuring protection for users, would take effect from today (19 July).
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.