Despite macroeconomic and geopolitical uncertainty, a hawkish inflationary environment and elevated interest rates, Southeast Asia's (SEA) InsurTech sector saw a surge in deal value in 2023 -- a development not seen since 2020.
The National Financial Regulatory Administration has released guidelines to tighten the regulation of online P&C insurance business undertaken by insurers and insurance intermediaries.
Nasdaq-listed Cheche Group, a leading auto insurance technology platform in China, has entered into a partnership with Wuhan Dongfeng Insurance Broker Co as Cheche further diversifies its partner network with leaders in the new-energy vehicle (NEV) sector.
Singapore-headquartered regional InsurTech Igloo has announced that it has expanded its digital platform, Ignite, to the Philippines.
The Financial Services Commission (FSC) has introduced a roadmap to bring about improvements to IT network security in the financial services industry, the regulator says in a statement.
Qoala has appointed Mr Randy Lianggara to its board and Mr Yujun Chean as group COO.
The Life Insurance Association (LIA) of Taiwan has been working to expand its digital services since the launch in 2020 of a one-stop InsurTech sharing platform for applying for insurance services.
SUNU Group, a leading pan-African insurance and financial services group, has managed to have a Property and Casualty (P&C) company in 17 countries on the continent, says Mr Mohamed Bah, managing director of the group.
The finalists for the 28th Asia Insurance Industry Awards have been revealed, with 47 of the region's top insurers, reinsurers, brokers, risk managers and service providers making the shortlist. The awards are well known for their stringent criteria and transparent selection process, overseen by a panel of expert judges from across the insurance industry.
Phinsys, a leading provider of intelligent automation solutions for finance, accounting, and regulatory compliance in the insurance sector, has opened its new regional office in Dubai.