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.
According to Insurtech Australia CEO Simone Dossetor, AI is being explored within the insurance sector, "but with different levels of maturity".
Chinese short-video platform Kuaishou Technology has obtained an insurance brokerage licence through its wholly-owned unit Kuaigou Technology.
The Licensing and Regulatory Framework for Digital Insurers and Takaful Operators (DITO) Policy Document was released by Bank Negara Malaysia (BNM), the country's regulator, in July 2024.
Shanghai-headquartered SunCar Technology Group, which operates online platforms that offer B2B auto services and motor insurance in China, has formed a new business partnership with the Inner Mongolia branch of China Continent Property & Casualty Insurance.
The majority of insurers have yet to take significant steps towards digitalisation, according to the findings of a survey by the Securities and Exchange Commission of Pakistan (SECP) on digitalisation in the insurance industry in the country.
The insurance industry in Indonesia is ready to face significant digital transformation, according to Coordinating Minister for Economic Affairs Airlangga Hartarto.
The Federal Authority for Identity, Citizenship, Customs, and Port Security (ICP) has announced a health insurance project for tourist visas.
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.