InsurTech

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

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China To Dominate The Insurtech Industry: New Report Shows

A new report estimated that China’s insurtech market would grow 36.88 percent CAGR between 2022 and 2031 to reach 34.05 trillion yuan (US$4.76 trillion). In 2021 alone, the market’s revenue was 1514 billion yuan (US$211.7 billion), according to Research Nester,

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ZA International to Tokenise Its Loyalty Programme

Digital insurer ZA International has unveiled plans to tokenise its ZA Coin loyalty programme to create more applications for the coin within the platform’s ecosystem. ZA Coin has 380,000 users at present, with a total redemption amount of close to

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AXA Emerges as the First Insurer in Hong Kong to Enter The Sandbox Metaverse

AXA has emerged as the the first insurer in Hong Kong to enter The Sandbox metaverse which is a decentralised gaming virtual world and a subsidiary of Animoca Brands. Through this partnership, AXA Hong Kong has acquired a 3×3 LAND

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Ping An Ranks First Among Chinese Finance Companies on Forbes’ List

Ping An Insurance Group ranked first among China’s financial companies and 5th among global insurance companies on the Forbes’ World’s Best Employers 2022. The group was 8th among all Chinese companies on the list and 211th in the world overall.

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Manulife Appoints New Chief Marketing and Experience Design Officer for Asia

Manulife announced the appointment of Harshal Shah as its new Chief Marketing and Experience Design Officer for Asia, effective 17 October 2022. He will also be a member of the company’s global leadership team. Harshal joins Manulife’s Asia Executive Division

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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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