InsurTech

Hang Seng Bank Partners Chubb to Offer Its Customers General Insurance Products

Hang Seng Bank, a principal member of the HSBC Group, has partnered with global insurer Chubb to provide its Hong Kong customers with a comprehensive range of personal and commercial general insurance products and solutions. The 15-year distribution agreement will

Read More

Anil Wadhwani Named as Prudential’s New Chief Executive

Prudential announced that Anil Wadhwani will be succeeding Mark FitzPatrick as its Chief Executive and join the board as an Executive Director on 25 February 2023. FitzPatrick will remain available as an adviser for an unspecified period. Anil will also join

Read More

Hong Kong Trails Behind Singapore in Digital Insurance

Hong Kong is being overshadowed by Western countries and Singapore in online insurance, a lag that can be partly explained by the Hong Kong insurance industry’s heavy reliance on physical agents, a new report by French consultancy Sia Partners says.

Read More

Huawei Wallet Rolls Out Beta for Virtual Medical Card Feature in China

Huawei has launched a beta version of its wallet app which will allow its users to test an early version of the virtual medical insurance card. The virtual medical insurance card feature is jointly developed by Huawei Wallet, the National

Read More

Digital Insurer Blue Partners Adobe for Data-Driven, Personalised Offerings

Hong Kong’s digital insurer Blue has partnered with software company Adobe for its cloud platform to create engaging and personalised experiences for its customers. Blue will leverage Adobe Experience Cloud, including Real-Time Customer Data Platform (RT-CDP) and Customer Journey Analytics

Read More

The Changing Face of Insurance Distribution in Hong Kong — Can Incumbents Keep Up?

In recent years, especially since 2019, there has been a noticeable shift in Asian consumers buying behaviour towards online channels. This holds true for the insurance industry as well, with customers searching for virtual policies in larger numbers.  In Hong

Read More

Manulife Appoints Anne-Maree Tassell as COO for Asia

Manulife has announced the appointment of Anne-Maree Tassell as its new Chief Operations Officer for Asia effective today onwards. Anne-Maree will be driving the Manulife’s growth strategy and digital transformation in the region. She has more than 30 years’ experience

Read More

ZA Bank Rolls Out Short-Term Savings Insurance Available From HKD10,000

Hong Kong’s virtual bank ZA announced that it has rolled out another short-term savings insurance plan starting from HKD 10,000 (approximately US$ 1,280) through the app in just 3 minutes. The ‘ZA Savings Insurance 4’ is denominated in Hong Kong

Read More

Klook Ties up With AXA to Offer Insurance Protection to Its Hong Kong Customers

Travel and leisure booking platform Klook has partnered with AXA Hong Kong & Macau to provide insurance protection for its customers. Under this partnership, AXA and Klook will first launch “Klook Travel Care” for its Hong Kong customers. The offering covers

Read More

livi bank Partners With FWD to Roll Out In-App Home Insurance Offering

Hong Kong’s livi bank has partnered with FWD General Insurance to launche a home insurance offering that is available through its app at an annual premium of HK$4202. Application for the Easy HomeCare offering is fully digital and can be completed

Read More