InsurTech

YAS MicroInsurance Closes US$4.5 Million Pre-series A

YAS MicroInsurance, a blockchain based insurtech company, announced the completion of its US$4.5 million Pre-Series A funding round. led by Noria Capital, ZEMU VC and JKL Capital. Lead investor Noria Capital will also share its expertise in the Middle East

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livi Bank Rolls Out In-App Travel Insurance Offering

Hong Kong’s digital bank livi bank announced the launch of its travel insurance offering, first general insurance product, in time for the relaxation of the quarantine rules in the country. The ‘Travel Now’ plan covers medical expenses, trip cancellations and

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Ant Insurance Launches China’s First Digital Operation Platform for Insurance Companies

Ant Group‘s online insurance agency platform Ant Insurance has launched digital operation platform Xingyun (translated as nebula) for insurance companies in China. According to Ant Insurance, the Xingyun platform is the first of its kind in the country. Powered by

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Chubb Life Hong Kong Names Belinda Au as President

Chubb, a global provider of insurance products, announced that Belinda Au has been appointed President of Chubb Life Hong Kong, subject to regulatory approval. Au has more than 30 years of experience in the insurance industry and joins Chubb Life

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OneDegree Rolls Out LGBTQ+ Family-Friendly Home Insurance Product

Hong Kong’s digital insurer OneDegree announced expands its product offerings with the official launch of the “OneDegree Home Insurance”. This latest addition follows the launch of its diverse range of products which include pet, fire coverage and critical illness offerings.

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The InsureTech Connect Asia 2022 Is Back for Its 3-Day Physical Event

InsureTech Connect Asia (ITC Asia) will be hosting the first 3-day in-person event since the pandemic from 7 – 9 June 2022 at Suntec Convention & Exhibition Centre, Singapore. The insurtech event has offered unparalleled access to the largest and

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Digital Insurer Blue Launches Group Medical Insurance Plan Designed for SMEs

Hong Kong’s digital insurer Blue announced the launch of its “WeMedi Group Medical Protector”, a group medical insurance plan designed for small and medium-sized enterprises (SMEs). The plan offers SMEs an affordable option to help its employees have access to

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OneDegree Partners With Munich Re to Launch a Digital Asset Insurance Product

Hong Kong insurer OneDegree announced that it has entered into a three-year strategic partnership with Munich Re to launch OneInfinity, a digital asset insurance product. OneInfinity is an insurance and technology product offering designed specifically for digital asset trading platforms,

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ZA Tech Acquires a Stake in Indonesia’s Aladin Bank

ZA Tech, the technology venture founded by ZhongAn Online and backed by Softbank’s Vision Fund 1, has acquired a stake in Aladin Bank, an Indonesia-based Sharia digital bank. Further details of the agreement was not disclosed. The investment will strengthen

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Livi Bank Secures License to Expand Business With Insurance Offerings

livi bank, one of Hong Kong’s eight virtual banks, has been granted an insurance agency license from the Hong Kong Insurance Authority. This paves the way for the bank to introduce a range of insurance products within the livi app.

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