The National Financial Regulatory Administration (NFRA) has approved a licence for a new insurer to be registered in the city of Suzhou in the eastern province of Jiangsu. The proposed name of the insurer is Suzhou Dongwu Property Insurance Co.
discovermarket, a global InsurTech innovator in embedded insurance solutions, headquartered in Switzerland and Singapore, has announced its official launch in Latin America, beginning with the establishment of a legal entity in Brazil.
Nasdaq-listed Beijing-headquartered Cheche Group, a leading auto insurance technology platform in China, has said that its long-term plans include extending its partnerships with auto manufacturers beyond China.
The future looks promising for the life insurance industry in India with several changes that will transform the way the industry conducts its business and engages with customers, says the India Brand Equity Foundation (IBEF).
The 11th Middle East Insurance Industry Awards (MIIA) honoured 19 exceptional winners yesterday in a ceremony at Altantis the Palm, Dubai, United Arab Emirates.
Intense competition is reshaping the insurance landscape in India, with the IRDAI's plan to issue more than 20 new licences expected to further disrupt the market, says global consulting firm McKinsey & Company.
The National Insurance Commission (NAICOM) and the Nigerian Data Protection Commission have signed a Memorandum of Understanding (MoU) aimed at strengthening data protection in the insurance sector.
The Moroccan insurance sector is reinventing itself by accelerating digital transformation and increasing use of artificial intelligence.
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).
Amenli, an InsurTech brokerage licensed by the Financial Regulatory Authority (FRA), has secured a new funding round of $2.3m aimed at accelerating its growth and enhancing its service offerings.