InsurTech
OneDegree Launches Cyber Insurance for Industries Beyond Web3
OneDegree has expanded its digital asset insurance portfolio by unveiling OneInfinity Cyber Insurance, aimed at a broad spectrum of industries beyond Web3 companies. This development comes when the digital landscape is increasingly besieged by cyber threats, amplified by the advent
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Who Are the Top Insurtechs in Hong Kong?
Hong Kong’s vibrant startup ecosystem, home to over 3,000 startups, underscores its role as a global center for innovation, especially in the fintech and insurtech sectors. The city’s 550+ fintech companies and approximately 30 insurtech startups are revolutionising the insurance
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OneDegree Eyes Opportunities with Global Stablecoin Issuers in HKMA Sandbox
Insurtech OneDegree, is seeking global stablecoin issuers to work with them on the Hong Kong Monetary Authority (HKMA) stablecoin sandbox. Alvin Kwock, co-founder of OneDegree, announced on LinkedIn that the firm is committed to working alongside the HKMA stablecoin sandbox.
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FWD Group’s IPO Awaits Ideal Timing, Richard Li to Retain Control
Pacific Century Group, the holding entity behind FWD, a pan-Asian insurance group, announced that Richard Li Tzar-kai, the company’s founder and chairman will retain a controlling stake. Richard expressed his confidence in the firm’s long-term growth prospects. This statement comes amidst
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MediConCen Raises US$6.85M in Series A Led by HSBC Asset Management
MediConCen Limited, an Insurtech company specialising in AI and blockchain-driven insurance claims automation, has announced the completion of its latest Series A funding round, raising US$6.85 million (HK$53.57 million). The investment was led by HSBC Asset Management, with participation from
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bolttech Insurance Debuts ‘Cancel for Any Reason’ Travel Coverage
bolttech Insurance, the Hong Kong arm of the international insurtech group, has announced the launch of MyTravel, a new travel insurance product. This plan is exclusively available via the online insurance platform of FWD, aiming to provide a streamlined process
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Hong Kong Insurtech OneDegree Announced Executive Appointments
Hong Kong-based virtual insurer OneDegree Group has appointed Michelle Ip as CEO of its technology division, OneDegree Global, and Robin Scott as General Manager of the newly established OneDegree Middle East division. Michelle, who joined OneDegree in 2022, brings extensive
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Dubai Insurance Invests in OneDegree for Digital Asset Insurance Partnership
Hong Kong’s insurtech OneDegree has secured an investment from the Dubai Insurance Company for its Series B funding round as part of a partnership to offer digital asset insurance in the United Arab Emirates (UAE). The sum was not disclosed.
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Insurlog Ties Up With OneDegree’s IXT to Enhance Logistics Insurance in Vietnam
Insurlog, a provider of last-mile delivery insurance for e-commerce enterprises in Vietnam, has joined forces with OneDegree Global‘s insurtech division IXT. This collaboration aims to offer businesses a comprehensive and integrated solution to mitigate risks along the supply chain. Through
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LOTTE HIMART and bolttech Introduce Home Appliance Switch Service in South Korea
South Korean electronics retailer LOTTE HIMART has partnered with international insurtech company bolttech to introduce a home appliance switching service. The new service is available for an annual subscription fee starting at US$30, with the option of an extended three-year
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