Huize Holding, a Nasdaq-listed Chinese insurance technology platform company, has announced that its international arm Poni InsurTech has completed its acquisition of 71.7% stake in Vietnam-based Global Care Consulting Joint Stock Company. The Vietnamese InsurTech company specialises in digital transformation solutions for the insurance industry.
Nasdaq-listed Zhibao Technology, engaged primarily in providing digital insurance brokerage services through its operating entities in China, has won a tender to provide high-end medical third party administration (TPA) services to the People's Insurance Company of China (PICC Group), one of the largest insurance groups in the country.
The chairman of the Insurance Authority, Mr Abdulaziz Al-Bouq, has announced the launch of the regulator's experimental environment platform for the insurance sector, during the FinTech 24 Conference in Riyadh.
One of the biggest Saudi insurers, Tawuniya, has signed several new agreements at a FinTech event in Riyadh, with the insurer looking to make more investments.
RAKBANK, also known as The National Bank of Ras Al Khaimah, has launched Protego, an insurance aggregator platform that helps users navigate insurance in the UAE.
ZhongAn Online P&C Insurance recorded GWP of CNY15,238m in the first half of 2024, 5.4% higher than the CNY14,463m in the corresponding period in 2023.
InsurancePadosi, an InsurTech platform that helps users understand their health insurance needs, has raised $500,000 in a pre-seed funding round.
Nasdaq-listed SunCar Technology Group, which offers cloud-based B2B auto services and auto e-insurance in China, has announced a two-year agreement between its wholly-owned subsidiary, Shengshi Dalian Insurance Agency and SAIC Maxus Automotive Sales & Service.
The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) has announced the winners of the 20th Australian Insurance Industry Awards.
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.