News Technology

India: Opportunities abound in InsurTech sector

The Indian InsurTech landscape has made significant strides, with 150+ InsurTechs and a 12x increase in revenue over the past five years to reach $750m and a cumulative valuation of $13.6bn, says Boston Consulting Group (BCG).

AIR team | 22 Nov 2024

Singapore: Prudential launches AI Lab to tackle insurance challenges and accelerate AI adoption

Prudential officially launched the Prudential AI Lab in Singapore, on 19 November 2024, marking a significant milestone in the local insurance sector.

AIR team | 21 Nov 2024

bolttech secures US$50m venture debt facility

bolttech, a fast-growing global InsurTech company, has closed a $50m venture debt facility with HSBC, the company announces in a statement.

AIR team | 21 Nov 2024

Australia: Insurers say consumer law and proposed guardrails will help identify gaps in AI-enabled services

The current technology-neutral Australian Consumer Law (ACL) should be maintained and applied to new and emerging technologies as it already is, says the Insurance Council of Australia (ICA).

AIR team | 20 Nov 2024

Australia: Actuaries Institute paper says SMEs risk being left behind in countering cyber crime

AIR team | 19 Nov 2024

China: AutoTech firm forms partnership with intelligent EV co

AIR team | 18 Nov 2024

Hong Kong: Regulator works to enhance cyber security guideline for insurers

AIR team | 04 Nov 2024

Australia: ASIC warns governance gap could emerge in AI adoption

AIR team | 01 Nov 2024

Past Articles

Singapore: MAS establishes Global Finance & Technology Network to propel FinTech growth

01 Nov 2024

India: Biggest health insurer hit by customer data theft and denies widespread compromise

23 Sep 2024

India: LIC allocates US$72m for digital transformation

20 Sep 2024

More »

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